NOT LISTED FOR SALE

127 S Payne St Alexandria, VA 22314

Parker-Gray Neighborhood

Estimated Value: $795,000 - $857,000

2 Beds
1.5 Baths
1,170 Sq Ft
$700/Sq Ft Est. Value

Last Sold October 08, 2021

Last sale price $712,500 $609 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $5,217/month

7 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Central Air
  • Wood Flooring
  • Enclosed patio or porch
  • 4-minute walk to Hellen Miller Bernard Playground

About This Home

As of October 2021

Amazing potential in this beautiful, historic and unique Old Town Alexandria corner/end unit row house with RM zoning! (see uploaded documents for RM zoning designation). Short walk to King Street, waterfront, metro, shopping, dining and everything Old Town has to offer! With a little TLC, this is the perfect opportunity for you to own one of the finest properties in Old Town.

Living room/dining combination has amazing windows as this property was a former storefront. Two bedrooms upstairs with a full bath, Half bath on main floor.

New Hvac, water heater and windows. Roof less than 10 years old. Lovely fenced in patio off kitchen.

Patio will be landscaped and new photos will be posted soon!

Walkable to all Old Town has to offer! Close to Metro, DC and Amazon HQ2!

Last Agent to Sell the Property

Anne Thomas

Samson Properties License #0225245643 Listed on: 09/03/2021

Samson Properties

Last Buyer's Agent

Brett Rice

RE/MAX Executives

RE/MAX Executives

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,590

Year Built

  • Built in 1925 | Remodeled in 1979

Lot Details

  • 843 Sq Ft Lot
  • Southeast Facing Home
  • Property is Fully Fenced
  • Property is in average condition

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Masonry

Interior Spaces

  • Property has 2 Levels
  • Screen For Fireplace
  • Fireplace Mantel
  • Brick Fireplace
  • Unfinished Basement
  • Shelving

Kitchen

  • Gas Oven or Range
  • Built-In Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry on upper level
  • Stacked Electric Washer and Dryer

Outdoor Features

  • Enclosed patio or porch

Utilities

  • Central Air
  • Radiator
  • Hot Water Heating System
  • Natural Gas Water Heater
  • Municipal Trash
  • Public Septic

Listing and Financial Details

  • Tax Lot 127
  • Assessor Parcel Number 074.01-02-15

Community Details

Overview

  • No Home Owners Association
  • Old Town Alexandria Subdivision

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,590

Year Built

Built in 1925 | Remodeled in 1979

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2021-09-09
  • Federal Flood Zone: No
  • Year Built: 1925
  • Year Renovated: 1979
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Appliances: Built-In Range, Disposal, Dryer - Electric, Oven/Range - Gas, Refrigerator, Washer, Washer/Dryer Stacked, Water Heater, Dishwasher
  • Entry Floor: 1
  • Flooring Type: Hardwood, Ceramic Tile
  • Fireplace Features: Mantel(s), Brick, Screen, Other
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Shelving, Unfinished
  • Laundry Type: Upper Floor
  • Total Sq Ft: 1508
  • Living Area Sq Ft: 1170
  • Price Per Sq Ft: 640.17
  • Above Grade Finished Sq Ft: 1170
  • Below Grade Sq Ft: 338
  • Total Below Grade Sq Ft: 338
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 127

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water, Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Septic
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: ALEXANDRIA CITY PUBLIC SCHOOLS
  • School District Key: 121139111593
  • School District Source: Listing Agent

Lot Info

  • Fencing: Fully
  • Land Use Code: 061
  • Lot Size Acres: 0.02
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 843.00
  • Outdoor Living Structures: Enclosed, Patio(s)
  • Property Condition: Average
  • Year Assessed: 2021
  • Zoning: RM
  • Zoning Description: RM
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 7590.00
  • Assessor Parcel Number: 074.01-02-15
  • Tax Lot: 127
  • Tax Total Finished Sq Ft: 1170
  • Tax Year: 2021
  • Close Date: 10/08/2021

MLS Schools

  • School District Name: ALEXANDRIA CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2021
Closed on
Oct 7, 2021
Sold by
Grasso Patrick G and Matikan Ann L
Bought by
Krannitz Spencer
Seller's Agent
Anne Thomas
Samson Properties
Buyer's Agent
Brett Rice
RE/MAX Executives
List Price
$749,000
Sold Price
$712,500
Premium/Discount to List
-$36,500
-4.87%
Current Estimated Value
$818,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,158
Avg. Annual Appreciation
3.69%
Original Mortgage
$676,875
Outstanding Balance
$621,251
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$197,407
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Krannitz Spencer $712,500 Cardinal Title Group Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Krannitz Spencer $676,875
Previous Owner Grasso Patrick G $149,392
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2021 10/08/21 Sold $712,500 -4.9% $609 / Sq Ft
09/03/2021 09/03/21 For Sale $749,000 -- $640 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,813 $735,559 $380,580 $354,979
2024 $8,813 $720,702 $373,118 $347,584
2023 $8,000 $720,702 $373,118 $347,584
2022 $7,814 $703,976 $362,250 $341,726
2021 $7,456 $671,738 $345,000 $326,738
2020 $7,269 $615,037 $296,146 $318,891
2019 $6,649 $588,364 $276,864 $311,500
2018 $6,649 $588,364 $276,864 $311,500
2017 $6,576 $581,953 $262,467 $319,486
2016 $6,244 $581,953 $262,467 $319,486
2015 $5,939 $569,460 $249,974 $319,486
2014 $5,819 $557,863 $230,390 $327,473
Source: Public Records

Agents Affiliated with this Home

  • Anne Thomas

    Seller's Agent in 2021

    Anne Thomas

    Samson Properties

    (703) 627-2519

    1 in this area

    44 Total Sales

    Section Image
  • Brett Rice

    Buyer's Agent in 2021

    Brett Rice

    RE/MAX

    (703) 929-3040

    4 in this area

    67 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: VAAX2001046

Bright MLS

APN: 074.01-02-15

Virginia Alexandria County Alexandria 22314 Parker-Gray

127 S Payne St, Alexandria, VA

This home is located at 127 S Payne St, Alexandria, VA 22314 since 03 September 2021 and is currently estimated at $818,658, approximately $699 per square foot. This property was built in 1925. 127 S Payne St is a home located in Alexandria City with nearby schools including Lyles-Crouch Elementary, George Washington Middle School, and Alexandria City High School.

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