NOT LISTED FOR SALE

181 E Reed Ave, Unit 104 Alexandria, VA 22305

Potomac West Neighborhood

Estimated Value: $536,000 - $600,000

2 Beds
2 Baths
1,085 Sq Ft
$416/mo HOA Fee

Last Sold October 25, 2012

Last sale price $384,650 $355 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $3,981/month

81 Days on Market

Highlights

  • Fitness Center
  • Colonial Architecture
  • Subterranean Parking
  • Open Floorplan
  • Billiard Room
  • 1-minute walk to Ruby Tucker Park

About This Home

As of October 2012

Rare Sunlit Corner Unit w/600sf private patio-great for entertaining/BBQs*Steel/Concrete construction*Shows great*Luxury kitchen w/Granite counters, custom cabinets, ceramic tile floor*Spacious BRs w/ELFA shelving sys closets*Washer/Dryer in unit*Extra Storage space**Amenites inc: Fitnss Ctr, Party Rm, Rooftop Deck*Close to Potomac Yards Shops,Cinema,more*Grill & Patio furniture nego. w/good offer

Last Agent to Sell the Property

Matthew Chae

Keller Williams Fairfax Gateway License #SP98369364 Listed on: 06/28/2012

Keller Williams Fairfax Gateway

Last Buyer's Agent

Chris Bass

Langley Real Estate, LLC.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,741

Year Built

  • Built in 2003

Lot Details

  • Back Yard Fenced
  • Property is in very good condition

HOA Fees

  • $416 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,085 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling Fan
  • Window Treatments
  • Entrance Foyer
  • Combination Dining and Living Room

Kitchen

  • Gas Oven or Range
  • Stove
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Front Loading Dryer
  • Washer

Parking

  • Subterranean Parking
  • Parking Space Number Location: 4/8

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Water Heater

Additional Features

  • Accessible Elevator Installed
  • Patio

Listing and Financial Details

  • Assessor Parcel Number 50703550

Community Details

Overview

  • Association fees include common area maintenance, insurance, recreation facility
  • Low-Rise Condominium
  • Preston Subdivision, Rare Patio Unit Floorplan
  • Preston Community

Amenities

  • Billiard Room
  • Party Room

Recreation

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,741

Year Built

Built in 2003

Lot Details

0

HOA Fees

$416 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Colonial
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 2003
  • Remarks Public: Rare Sunlit Corner Unit w/600sf private patio-great for entertaining/BBQs*Steel/Concrete construction*Shows great*Luxury kitchen w/Granite counters, custom cabinets, ceramic tile floor*Spacious BRs w/ELFA shelving sys closets*Washer/Dryer in unit*Extra Storage space**Amenites inc: Fitnss Ctr, Party Rm, Rooftop Deck*Close to Potomac Yards Shops,Cinema,more*Grill & Patio furniture nego. w/good offer
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Disposal, Dryer, Dryer - Front Loading, Exhaust Fan, Icemaker, Microwave, Oven/Range - Gas, Refrigerator, Stove, Washer
  • Interior Amenities: Kitchen - Island, Combination Dining/Living, Window Treatments, Floor Plan - Open
  • Fireplace: No
  • Entry Location: 1st Floor
  • Levels Count: 1
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Kitchen, Foyer
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1085
  • Living Area Sq Ft: 1085
  • Price Per Sq Ft: 363.13
  • Above Grade Finished Sq Ft: 1085
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 181

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Garage
  • Parking Space Number Assigned: 4/8
  • Garage Features: Underground

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • 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: 416.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Billiard Room, Exercise Room, Extra Storage, Party Room
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Insurance, Recreation Facility
  • HOA: No

Lot Info

  • Fencing: Rear
  • Improvement Assessed Value: 266894.00
  • Land Assessed Value: 107996.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Very Good
  • Year Assessed: 2011
  • Zoning: CRMU/M
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3741.40
  • Assessor Parcel Number: 50703550
  • Tax Total Finished Sq Ft: 1085
  • Tax Year: 2011
  • Close Date: 10/25/2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2012
Closed on
Oct 17, 2012
Sold by
Lee Eleanor
Bought by
Math Mali
Seller's Agent
Matthew Chae
Keller Williams Fairfax Gateway
Buyer's Agent
Chris Bass
Langley Real Estate, LLC.
List Price
$399,000
Sold Price
$384,650
Premium/Discount to List
-$14,350
-3.6%
Current Estimated Value
$561,676

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,026
Avg. Annual Appreciation
2.99%
Original Mortgage
$377,682
Outstanding Balance
$258,571
Interest Rate
3.12%
Mortgage Type
FHA
Estimated Equity
$303,105

Purchase Details

Closed on
May 14, 2009
Sold by
Timmermeyer James P
Bought by
Lee Eleanor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,800
Interest Rate
4.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 2005
Sold by
Wilkes Street L L C
Bought by
Timmermeyer James P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,812
Interest Rate
5.71%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Math Mali $384,650 --
Lee Eleanor $393,500 --
Timmermeyer James P $260,812 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Math Mali $377,682
Previous Owner Lee Eleanor $314,800
Previous Owner Timmermeyer James P $260,812
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2012 10/25/12 Sold $384,650 -2.4% $355 / Sq Ft
09/19/2012 09/19/12 Pending -- -- --
08/01/2012 08/01/12 Price Changed $394,000 -1.3% $363 / Sq Ft
06/29/2012 06/29/12 For Sale $399,000 +3.7% $368 / Sq Ft
06/28/2012 06/28/12 Off Market $384,650 -- --
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 $6,120 $531,421 $200,350 $331,071
2024 $6,120 $531,421 $200,350 $331,071
2023 $5,899 $531,421 $200,350 $331,071
2022 $5,651 $509,101 $191,466 $317,635
2021 $5,350 $481,948 $164,313 $317,635
2020 $5,136 $464,871 $156,488 $308,383
2019 $4,940 $437,179 $146,251 $290,928
2018 $4,551 $402,718 $132,955 $269,763
2017 $4,770 $422,093 $139,953 $282,140
2016 $4,448 $414,495 $137,209 $277,286
2015 $3,922 $376,019 $124,735 $251,284
2014 $4,230 $405,567 $124,735 $280,832
Source: Public Records

Agents Affiliated with this Home

  • Matthew Chae

    Seller's Agent in 2012

    Matthew Chae

    Keller Williams Fairfax Gateway

    (703) 266-4544

    64 Total Sales

    Matthew Chae
    Section Image

  • C

    Buyer's Agent in 2012

    Chris Bass

    Langley Real Estate, LLC.

    (703) 376-1043

    10 Total Sales

    Chris Bass
    Section Image
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About This Building

Map

Source: Bright MLS

MLS Number: 1004055042

Bright MLS

APN: 016.01-0A-104

Virginia Alexandria County Alexandria 22305 Potomac West

181 E Reed Ave Unit 104, Alexandria, VA

This home is located at 181 E Reed Ave Unit 104, Alexandria, VA 22305 since 28 June 2012 and is currently estimated at $561,676, approximately $517 per square foot. This property was built in 2003. 181 E Reed Ave Unit 104 is a home located in Alexandria City with nearby schools including Cora Kelly Magnet Elementary, George Washington Middle School, and Alexandria City High School.

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