NOT LISTED FOR SALE

181 E Reed Ave, Unit 310 Alexandria, VA 22305

Del Ray Neighborhood

Estimated Value: $545,000 - $621,943

2 Beds
2 Baths
1,220 Sq Ft
$719/mo HOA Fee

Last Sold August 29, 2023

Last sale price $540,000 $443 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,317/month

1 Day on Market

Highlights

  • Fitness Center
  • Deck
  • Terrace
  • Panoramic View
  • Contemporary Architecture
  • 1-minute walk to Ruby Tucker Park

About This Home

As of August 2023

Scarce Condo offering in 4 story Condo Complex, The Preston in Potomac Yard area! This pleasant 3rd floor unit offers 2 Bedrooms with 2 Full Baths and a 40 sqft balcony to catch a breeze or to see what is buzzing out on the walks, shopping or restaurants. One of the larger 1220 sqft. models in the complex provides great every day living space balance in the heart of everything. Transportation portals everywhere close by including Ronald Reagan Washington National Airport and the New 2023 Potomac Yard Metro. What's more important than parking spots in the city, not much, how about 2 Assigned parking spaces in covered garage, #55 and #56 and get this, 17 Visitor Spots. The Preston offers Courtyard, Roof Deck, Fitness room, Party Room, Bike Storage, Mail Room, Greeting Foyer Area and 2 Elevators. Get a little downtime at Ruby Tucker Park with shade trees and benches adjacent to the complex. Pop up to the rooftop for distant views of The Capitol, Washington Monument, shopping, incoming flights and vibrant development abound!! Its a well rounded winner ready for you to dress up and step out!

Last Agent to Sell the Property

Michael Straley

Samson Properties Listed on: 08/11/2023

Samson Properties

Co-Listed By

Rebecca Straley

Samson Properties License #0225208583

Last Buyer's Agent

Bryant Naylor

Keller Williams Realty License #SP40001680

Keller Williams Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,882

Year Built

  • Built in 2003

Lot Details

  • Property is in very good condition

HOA Fees

  • $719 Monthly HOA Fees

Parking

  • Assigned Subterranean Space
  • Basement Garage
  • Parking Space Conveys

Home Design

  • Contemporary Architecture
  • Entry on the 3rd floor
  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 1,220 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Family Room Off Kitchen
  • Carpet
  • Panoramic Views
  • Stacked Washer and Dryer

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Accessible Home Design

  • Accessible Elevator Installed
  • Ramp on the main level

Outdoor Features

  • Deck
  • Terrace

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 50703810

Community Details

Overview

  • Association fees include exterior building maintenance, management, recreation facility, sewer, trash, water
  • Low-Rise Condominium
  • The Preston Condos
  • The Preston Community
  • Potomac Yards Subdivision
  • Property Manager

Amenities

  • Common Area
  • Meeting Room
  • Party Room
  • 2 Elevators

Recreation

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,882

Year Built

Built in 2003

Lot Details

0

HOA Fees

$719 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Accessibility Features: Elevator, Ramp - Main Level
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-08-11
  • Year Built: 2003
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Refrigerator, Stove, Washer, Washer/Dryer Stacked
  • Entry Floor: 3
  • Interior Amenities: Carpet, Ceiling Fan(s), Elevator, Family Room Off Kitchen, Kitchen - Island
  • Elevators Count: 2
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1220
  • Living Area Sq Ft: 1220
  • Price Per Sq Ft: 442.62
  • Above Grade Finished Sq Ft: 1220
  • 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, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Sidewalks
  • Roof: Flat
  • View: Panoramic
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Parking Space Conveys, Private
  • Garage Features: Basement Garage, Underground, Covered Parking
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Internet Services: Cable

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 718.58
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: The Preston
  • HOA Condo Co-Op Amenities: Common Grounds, Elevator, Exercise Room, Extra Storage, Party Room, Meeting Room
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Management, Recreation Facility, Sewer, Trash, Water
  • HOA: No
  • Senior Community: No

Schools

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

Lot Info

  • Land Use Code: 14
  • Outdoor Living Structures: Deck(s), Terrace, Roof, Balcony
  • Property Condition: Very Good
  • Year Assessed: 2023
  • Zoning: CRMU/M
  • In City Limits: Yes

Rental Info

  • Pets: Cats Ok, Dogs Ok, Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 5882.00
  • Assessor Parcel Number: 50703810
  • Tax Total Finished Sq Ft: 1220
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 08/29/2023

MLS Schools

  • School District Name: ALEXANDRIA CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2023
Closed on
Aug 24, 2023
Sold by
Liv Frederick Algin Candelaria Revocable
Bought by
Fleming Amanda
Seller's Agent
Michael Straley
Samson Properties
Buyer's Agent
Bryant Naylor
Keller Williams Realty
List Price
$540,000
Sold Price
$540,000
Views
43
Current Estimated Value
$573,986

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,986
Avg. Annual Appreciation
3.02%

Purchase Details

Closed on
Jul 28, 2010
Sold by
Fox Jeffrey L
Bought by
Candelaria Frederick A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
4.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2005
Sold by
Chute Gary W
Bought by
Fox Jeffrey L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,500
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 3, 2005
Sold by
Wilkes Street L L C
Bought by
Chute Gary W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$291,136
Interest Rate
5.77%
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
Fleming Amanda $540,000 First American Title
Candelaria Frederick A $408,000 --
Fox Jeffrey L $517,000 --
Chute Gary W $363,920 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Candelaria Frederick A $290,000
Previous Owner Fox Jeffery L $15,000
Previous Owner Fox Jeffery L $258,500
Previous Owner Fox Jeffrey L $245,000
Previous Owner Chute Gary W $291,136
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2023 08/29/23 Sold $540,000 0.0% $443 / Sq Ft
08/13/2023 08/13/23 Pending -- -- --
08/11/2023 08/11/23 For Sale $540,000 -- $443 / 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 $6,484 $563,480 $225,305 $338,175
2024 $6,484 $563,480 $225,305 $338,175
2023 $6,255 $563,480 $225,305 $338,175
2022 $5,991 $539,765 $215,315 $324,450
2021 $5,652 $509,229 $184,779 $324,450
2020 $5,421 $490,980 $175,980 $315,000
2019 $5,217 $461,638 $164,468 $297,170
2018 $4,803 $425,006 $149,516 $275,490
2017 $5,035 $445,554 $157,385 $288,169
2016 $4,694 $437,496 $154,299 $283,197
2015 $4,139 $396,833 $140,272 $256,561
2014 $4,455 $427,101 $140,272 $286,829
Source: Public Records

Agents Affiliated with this Home

  • Michael Straley

    Seller's Agent in 2023

    Michael Straley

    Samson Properties

    (540) 834-6263

    1 in this area

    103 Total Sales

    Michael Straley
    Section Image
  • Rebecca Straley

    Seller Co-Listing Agent in 2023

    Rebecca Straley

    Samson Properties

    (540) 379-1949

    1 in this area

    48 Total Sales

    Rebecca Straley
    Section Image
  • Bryant Naylor

    Buyer's Agent in 2023

    Bryant Naylor

    Keller Williams Realty

    (703) 577-1454

    2 in this area

    22 Total Sales

    Bryant Naylor
    Section Image
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About This Building

Map

Source: Bright MLS

MLS Number: VAAX2026620

Bright MLS

APN: 016.01-0A-310

Virginia Alexandria County Alexandria 22305 Del Ray

181 E Reed Ave Unit 310, Alexandria, VA

This home is located at 181 E Reed Ave Unit 310, Alexandria, VA 22305 since 11 August 2023 and is currently estimated at $573,986, approximately $470 per square foot. This property was built in 2003. 181 E Reed Ave Unit 310 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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