NOT LISTED FOR SALE

1603 Ripon Place Alexandria, VA 22302

North Ridge Neighborhood

Estimated Value: $410,000 - $428,566

2 Beds
1 Bath
930 Sq Ft
$453/Sq Ft Est. Value

Last Sold February 10, 2023

Last sale price $395,000 $425 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,098/month

Highlights

  • Fitness Center
  • Wood Flooring
  • Community Basketball Court
  • Colonial Architecture
  • Community Pool
  • Party Room

About This Home

As of February 2023

Property sold and entered for comparable purposes. Beautifully updated end Madison with open concept kitchen.

Last Agent to Sell the Property

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office License #0225194075 Listed on: 02/13/2023

Last Buyer's Agent

Sharon Farinholt

(540) 247-1097 sharon@sharonfarinholt.com Realty ONE Group Old Towne License #0225245637

Realty ONE Group Old Towne

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,860

Year Built

  • Built in 1941

Lot Details

  • 915

HOA Fees

  • $513 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 930 Sq Ft Home
  • Property has 2 Levels
  • Wood Flooring
  • Crawl Space
  • Laundry in unit

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • On-Street Parking
  • Off-Street Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 50280050

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, gas, insurance, laundry, lawn maintenance, snow removal, water
  • Parkfairfax Condos
  • Parkfairfax Subdivision, Madison Floorplan
  • Parkfairfax Community

Amenities

  • Common Area
  • Party Room

Recreation

  • Community Basketball Court
  • Volleyball Courts
  • Community Playground
  • Fitness Center
  • Community Pool

Pet Policy

  • Limit on the number of pets

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,860

Year Built

Built in 1941

Lot Details

0

HOA Fees

$513 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1941
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring Type: Hardwood
  • Fireplace: No
  • Foundation Details: Crawl Space
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 930
  • Living Area Sq Ft: 930
  • Price Per Sq Ft: 424.73
  • Above Grade Finished Sq Ft: 930
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street, On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Heating Fuel: Electric
  • Heating Type: Wall Unit
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 512.72
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: PARKFAIRFAX
  • HOA Condo Co-Op Amenities: Basketball Courts, Common Grounds, Fitness Center, Pool - Outdoor, Party Room, Tot Lots/Playground, Volleyball Courts
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Gas, Insurance, Laundry, Lawn Maintenance, Snow Removal, Water
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 243144.00
  • Land Assessed Value: 126505.00
  • Zoning: RB
  • In City Limits: Yes

Rental Info

  • Lease Considered: No
  • Pets: Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 18285759
  • Tax Annual Amount: 3860.00
  • Assessor Parcel Number: 50280050
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: ALEXANDRIA CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2023
Closed on
Feb 7, 2023
Sold by
Riponco Llc
Bought by
Morgan Mary E
Seller's Agent
datacorrect BrightMLS
Non Subscribing Office
Buyer's Agent
Sharon Farinholt
Realty ONE Group Old Towne
List Price
$395,000
Sold Price
$395,000
Current Estimated Value
$421,189

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,189
Avg. Annual Appreciation
2.33%
Original Mortgage
$285,650
Outstanding Balance
$276,292
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$144,897

Purchase Details

Listed on
Jun 11, 2015
Closed on
Jul 28, 2015
Sold by
Archer Daniel M and Archer Anne M
Bought by
Riponco Llc
Seller's Agent
Carrie Pellegrino
Pearson Smith Realty, LLC
Buyer's Agent
Christopher Zook
Keller Williams Realty
List Price
$325,000
Sold Price
$315,000
Premium/Discount to List
-$10,000
-3.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.05%

Purchase Details

Closed on
Nov 21, 2005
Sold by
Carpenter Jeffrey
Bought by
Archer Daniel M and Mullen Marie C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
5.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 30, 2002
Sold by
Murphy Edward C
Bought by
Carpenter Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,100
Interest Rate
6.64%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
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
Morgan Mary E $395,000 --
Riponco Llc $315,000 --
Archer Daniel M $400,000 --
Carpenter Jeffrey $181,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morgan Mary E $285,650
Previous Owner Archer Daniel M $320,000
Previous Owner Carpenter Jeffrey $208,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/13/2023 02/13/23 For Sale $395,000 0.0% $425 / Sq Ft
02/10/2023 02/10/23 Sold $395,000 +18709.5% $425 / Sq Ft
01/13/2023 01/13/23 Pending -- -- --
03/23/2016 03/23/16 Rented $2,100 0.0% --
03/16/2016 03/16/16 Under Contract -- -- --
12/29/2015 12/29/15 For Rent $2,100 0.0% --
07/31/2015 07/31/15 Sold $315,000 -3.1% $339 / Sq Ft View Prior Sale
06/19/2015 06/19/15 Pending -- -- --
06/11/2015 06/11/15 For Sale $325,000 +3.2% $349 / Sq Ft
06/11/2015 06/11/15 Off Market $315,000 -- --
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 $4,411 $426,811 $136,842 $289,969
2024 $4,411 $380,811 $130,325 $250,486
2023 $4,185 $377,041 $129,035 $248,006
2022 $4,103 $369,649 $126,505 $243,144
2021 $4,234 $381,442 $123,994 $257,448
2020 $3,847 $346,766 $112,722 $234,044
2019 $3,697 $327,137 $106,341 $220,796
2018 $3,589 $317,609 $103,244 $214,365
2017 $3,487 $308,566 $100,445 $208,121
2016 $3,380 $315,003 $100,445 $214,558
2015 $3,197 $306,493 $100,445 $206,048
2014 -- $298,568 $100,445 $198,123
Source: Public Records

Agents Affiliated with this Home

  • Sharon Farinholt

    Buyer's Agent in 2023

    Sharon Farinholt

    Realty ONE Group Old Towne

    (540) 247-1097

    1 in this area

    119 Total Sales

    Sharon Farinholt
    Section Image
  • Rita Tassa

    Seller's Agent in 2016

    Rita Tassa

    Compass

    (571) 722-2534

    18 in this area

    54 Total Sales

    Rita Tassa
    Section Image
  • Carrie Pellegrino

    Seller's Agent in 2015

    Carrie Pellegrino

    Pearson Smith Realty, LLC

    (703) 863-1140

    55 Total Sales

    Carrie Pellegrino
    Section Image

  • C

    Seller Co-Listing Agent in 2015

    Christopher Zook

    Keller Williams Realty

    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: VAAX2020932

Bright MLS

APN: 013.02-0A-839.1603

Virginia Alexandria County Alexandria 22302 North Ridge

1603 Ripon Place, Alexandria, VA

Not Listed for Sale

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