NOT LISTED FOR SALE

181 E Reed Ave, Unit 311 Alexandria, VA 22305

Potomac West Neighborhood

Estimated Value: $562,000 - $647,661

2 Beds
2 Baths
1,263 Sq Ft
$635/mo HOA Fee

Last Sold July 25, 2022

Last sale price $600,000 $475 Per Sq Ft

Current estimated payment $4,475/month

Highlights

  • Fitness Center
  • Meeting Room
  • 90% Forced Air Heating and Cooling System
  • Contemporary Architecture
  • Ramp on the main level
  • 1-minute walk to Ruby Tucker Park

About This Home

As of July 2022

This home is located at 181 E Reed Ave Unit 311, Alexandria, VA 22305 since 25 July 2022 and is currently estimated at $600,415, approximately $475 per square foot. This property was built in 2003. 181 E Reed Ave Unit 311 is a home located in Alexandria City with nearby schools including Cora Kelly Magnet Elementary, George Washington Middle School, and Alexandria City High School.

Last Agent to Sell the Property

John Akhavan

Realty ONE Group Capital Listed on: 07/25/2022

Last Buyer's Agent

Non Member Member

Metropolitan Regional Information Systems, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,033

Year Built

  • Built in 2003

Lot Details

  • 0.45

HOA Fees

  • $635 Monthly HOA Fees

Parking

  • Assigned Parking Garage Space
  • Side Facing Garage

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,263 Sq Ft Home
  • Property has 1 Level
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Accessible Home Design

  • Accessible Elevator Installed
  • Ramp on the main level

Utilities

  • 90% Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 50703840

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, insurance, management, sewer, water, trash
  • Low-Rise Condominium
  • The Preston Community
  • Potomac Yards Subdivision

Amenities

  • Meeting Room

Recreation

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,033

Year Built

Built in 2003

Lot Details

0

HOA Fees

$635 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
  • Year Built: 2003
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 3
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1263
  • Living Area Sq Ft: 1263
  • Price Per Sq Ft: 475.06
  • Above Grade Finished Sq Ft: 1263
  • 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, Concrete
  • 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
  • Garage Features: Garage - Side Entry
  • 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: Electric
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 635.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Exercise Room, Meeting Room
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Management, Sewer, Water, Trash
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: Yes

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Assessed Value: 222860.00
  • Land Use Code: 14
  • Year Assessed: 2022
  • Zoning: CRMU/M
  • In City Limits: No

Rental Info

  • Pets Allowed: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 18320064
  • Tax Annual Amount: 6033.00
  • Assessor Parcel Number: 50703840
  • Tax Total Finished Sq Ft: 1263
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 07/25/2022

MLS Schools

  • School District Name: ALEXANDRIA CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2022
Closed on
Jul 22, 2022
Sold by
Aleissa and Nouf
Bought by
Chambers Desmond P
Seller's Agent
John Akhavan
Realty ONE Group Capital
Buyer's Agent
Non Member Member
Metropolitan Regional Information Systems, Inc.
List Price
$600,000
Sold Price
$600,000
Current Estimated Value
$600,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$415
Avg. Annual Appreciation
0.02%
Original Mortgage
$589,132
Outstanding Balance
$562,756
Interest Rate
5.23%
Mortgage Type
FHA
Estimated Equity
$37,659

Purchase Details

Listed on
Jan 10, 2015
Closed on
Apr 23, 2015
Sold by
Bui Mark D
Bought by
Aleissa Mohamed
Seller's Agent
John Akhavan
Realty ONE Group Capital
Buyer's Agent
Non Member Member
Metropolitan Regional Information Systems, Inc.
List Price
$464,900
Sold Price
$440,000
Premium/Discount to List
-$24,900
-5.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.36%

Purchase Details

Listed on
Mar 1, 2012
Closed on
Jul 18, 2012
Sold by
Bayazit Ahmet C
Bought by
Bui Mark
Seller's Agent
Alexandra Fielding
TTR Sotheby's International Realty
Buyer's Agent
John Akhavan
Realty ONE Group Capital
List Price
$399,000
Sold Price
$383,500
Premium/Discount to List
-$15,500
-3.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.11%
Original Mortgage
$364,300
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2005
Sold by
Yoon Bong Hui
Bought by
Bayazit Yasar B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
6.28%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Chambers Desmond P $600,000 First American Title
Aleissa Mohamed $440,000 --
Bui Mark $383,500 --
Bayazit Yasar B $435,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chambers Desmond P $21,197
Open Chambers Desmond P $50,200
Open Chambers Desmond P $589,132
Previous Owner Bui Mark $364,300
Previous Owner Bayazit Yasar B $348,000
Previous Owner Yoon Bong Hul $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2022 07/25/22 Sold $600,000 0.0% $475 / Sq Ft
07/25/2022 07/25/22 Pending -- -- --
07/25/2022 07/25/22 For Sale $600,000 0.0% $475 / Sq Ft
09/01/2015 09/01/15 Rented $2,775 -4.3% --
08/11/2015 08/11/15 Under Contract -- -- --
05/16/2015 05/16/15 For Rent $2,900 0.0% --
04/23/2015 04/23/15 Sold $440,000 -2.1% $348 / Sq Ft
03/26/2015 03/26/15 Pending -- -- --
03/02/2015 03/02/15 Price Changed $449,500 -2.2% $356 / Sq Ft
01/28/2015 01/28/15 Price Changed $459,500 -1.2% $364 / Sq Ft
01/26/2015 01/26/15 For Sale $464,900 0.0% $368 / Sq Ft
01/17/2015 01/17/15 Pending -- -- --
01/10/2015 01/10/15 For Sale $464,900 +21.2% $368 / Sq Ft
07/20/2012 07/20/12 Sold $383,500 -1.4% $304 / Sq Ft
05/29/2012 05/29/12 Pending -- -- --
04/26/2012 04/26/12 Price Changed $389,000 -2.5% $308 / Sq Ft
03/01/2012 03/01/12 For Sale $399,000 -- $316 / 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 $6,894 $599,606 $233,201 $366,405
2024 $6,894 $599,606 $233,201 $366,405
2023 $6,656 $599,606 $233,201 $366,405
2022 $6,376 $574,395 $222,860 $351,535
2021 $6,025 $542,790 $191,255 $351,535
2020 $5,778 $523,444 $182,147 $341,297
2019 $5,562 $492,209 $170,231 $321,978
2018 $5,119 $453,005 $154,756 $298,249
2017 $5,368 $475,027 $162,901 $312,126
2016 $5,004 $466,391 $159,707 $306,684
2015 $4,409 $422,720 $145,188 $277,532
2014 $4,754 $455,847 $145,188 $310,659
Source: Public Records

Agents Affiliated with this Home

  • John Akhavan

    Seller's Agent in 2022

    John Akhavan

    Realty ONE Group Capital

    (703) 522-6444

    1 in this area

    55 Total Sales

    John Akhavan
    Section Image

  • N

    Buyer's Agent in 2022

    Non Member Member

    Metropolitan Regional Information Systems

  • Alexandra Fielding

    Seller's Agent in 2012

    Alexandra Fielding

    TTR Sotheby's International Realty

    (202) 579-5313

    52 Total Sales

    Alexandra Fielding
    Section Image
  • Terri Robinson

    Seller Co-Listing Agent in 2012

    Terri Robinson

    Long & Foster

    (202) 483-6300

    50 Total Sales

    Terri Robinson
    Section Image
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About This Building

Map

Source: Bright MLS

MLS Number: VAAX2015872

Bright MLS

APN: 016.01-0A-311

Virginia Alexandria County Alexandria 22305 Potomac West

181 E Reed Ave Unit 311, Alexandria, VA

This home is located at 181 E Reed Ave Unit 311, Alexandria, VA 22305 since 25 July 2022 and is currently estimated at $600,415, approximately $475 per square foot. This property was built in 2003. 181 E Reed Ave Unit 311 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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