NOT LISTED FOR SALE

181 E Reed Ave, Unit 312 Alexandria, VA 22305

Del Ray Neighborhood

Estimated Value: $532,000 - $580,566

2 Beds
2 Baths
1,042 Sq Ft
$495/mo HOA Fee

Last Sold November 30, 2017

Last sale price $394,000 $378 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $4,002/month

Highlights

  • Fitness Center
  • Contemporary Architecture
  • En-Suite Primary Bedroom
  • Open Floorplan
  • Billiard Room
  • 1-minute walk to Ruby Tucker Park

About This Home

As of November 2017

Updated two bedroom, two bath unit at The Preston. New wood floors in living and dining rooms, new carpet in bedrooms, fresh neutral paint. Two parking spaces, balcony, rooftop terrace, billiard/party room, gym and a great location across from Potomac Yards and the upcoming metro station. Shops and restaurants close by. Convenient to Del Ray, National Airport and easy commute to DC and Old Town.

Last Agent to Sell the Property

Donna Cramer

Corcoran McEnearney License #0225123247 Listed on: 10/04/2017

Corcoran McEnearney

Last Buyer's Agent

Suvda Villarroel

Corcoran McEnearney License #0225208504

Corcoran McEnearney

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,972

Year Built

  • Built in 2003

Lot Details

  • 0.45

HOA Fees

  • $495 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,042 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling Fan
  • Combination Dining and Living Room

Kitchen

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

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • Parking Space Number Location: 68&84
  • Parking Space Conveys

Schools

  • Cora Kelly Magnet Elementary School
  • George Washington Middle School
  • Alexandria City High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Additional Features

  • Accessible Elevator Installed
  • Property is in very good condition

Listing and Financial Details

  • Assessor Parcel Number 50703870

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, insurance, recreation facility, reserve funds, snow removal, sewer, water
  • Low-Rise Condominium
  • Preston Community
  • Preston Subdivision

Amenities

  • Billiard Room
  • Party Room

Recreation

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,972

Year Built

Built in 2003

Lot Details

0

HOA Fees

$495 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Year Built: 2003
  • Remarks Public: Updated two bedroom, two bath unit at The Preston. New wood floors in living and dining rooms, new carpet in bedrooms, fresh neutral paint. Two parking spaces, balcony, rooftop terrace, billiard/party room, gym and a great location across from Potomac Yards and the upcoming metro station. Shops and restaurants close by. Convenient to Del Ray, National Airport and easy commute to DC and Old Town.
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Icemaker, Microwave, Oven/Range - Gas, Refrigerator, Washer
  • Interior Amenities: Kitchen - Island, Combination Dining/Living, Primary Bath(s), Floor Plan - Open
  • Fireplace: No
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1042
  • Living Area Sq Ft: 1042
  • Price Per Sq Ft: 382.92
  • Above Grade Finished Sq Ft: 1042
  • 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
  • Pool Private: 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 Conveys
  • Parking Space Number Assigned: 68&84
  • Garage Features: Underground

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Cooling: Yes
  • 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: 495.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Billiard Room, Elevator, Exercise Room, Party Room, Reserved/Assigned Parking
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Recreation Facility, Reserve Funds, Snow Removal, Sewer, Water
  • HOA Condo Co-Op Rules: Pets - Allowed
  • HOA: No
  • Senior Community: No

Schools

  • School District: ALEXANDRIA CITY PUBLIC SCHOOLS
  • Elementary School: CORA KELLY MAGNET
  • Middle School: GEORGE WASHINGTON
  • High School: ALEXANDRIA CITY
  • School District Key: 121139111593
  • Elementary School: CORA KELLY MAGNET
  • High School: ALEXANDRIA CITY
  • Middle Or Junior School: GEORGE WASHINGTON

Green Features

  • Green Verification: No

Lot Info

  • Improvement Assessed Value: 305522.00
  • Land Assessed Value: 134437.00
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Year Assessed: 2017
  • Zoning: CRMU/M
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4971.54
  • Assessor Parcel Number: 50703870
  • Tax Total Finished Sq Ft: 1042
  • Tax Year: 2017
  • Close Date: 11/30/2017

MLS Schools

  • School District Name: ALEXANDRIA CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2017
Closed on
Nov 30, 2017
Sold by
Abramson Paul R
Bought by
Richmond Kelly Ann
Seller's Agent
Donna Cramer
Corcoran McEnearney
Buyer's Agent
Suvda Villarroel
Corcoran McEnearney
List Price
$399,000
Sold Price
$394,000
Premium/Discount to List
-$5,000
-1.25%
Current Estimated Value
$558,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,892
Avg. Annual Appreciation
4.59%
Original Mortgage
$199,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2008
Sold by
Hulse Kimberly
Bought by
Ford Cassandra
Source: Public Records

Range of Values:

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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
Richmond Kelly Ann $394,000 Federal Title & Escrow Co
Ford Cassandra $272,471 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richmond Kelly Ann $184,000
Closed Richmond Kelly Ann $199,000
Previous Owner Abramson Paul R $369,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2017 11/30/17 Sold $394,000 -1.3% $378 / Sq Ft
11/01/2017 11/01/17 Pending -- -- --
10/04/2017 10/04/17 For Sale $399,000 -- $383 / 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 $6,343 $551,078 $192,454 $358,624
2024 $6,343 $551,078 $192,454 $358,624
2023 $6,117 $551,078 $192,454 $358,624
2022 $5,861 $527,990 $183,920 $344,070
2021 $5,571 $501,907 $157,837 $344,070
2020 $5,350 $484,370 $150,321 $334,049
2019 $5,149 $455,627 $140,487 $315,140
2018 $4,743 $419,692 $127,716 $291,976
2017 $4,972 $439,959 $134,437 $305,522
2016 $4,635 $432,011 $131,801 $300,210
2015 $4,084 $391,571 $119,819 $271,752
2014 $4,421 $423,910 $119,819 $304,091
Source: Public Records

Agents Affiliated with this Home

  • Donna Cramer

    Seller's Agent in 2017

    Donna Cramer

    McEnearney Associates

    (703) 627-9578

    49 Total Sales

    Donna Cramer
    Section Image
  • Suvda Villarroel

    Buyer's Agent in 2017

    Suvda Villarroel

    McEnearney Associates

    (703) 678-8858

    43 Total Sales

    Suvda Villarroel
    Section Image
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About This Building

Map

Source: Bright MLS

MLS Number: 1001414167

Bright MLS

APN: 016.01-0A-312

Virginia Alexandria County Alexandria 22305 Del Ray

181 E Reed Ave Unit 312, Alexandria, VA

This home is located at 181 E Reed Ave Unit 312, Alexandria, VA 22305 since 04 October 2017 and is currently estimated at $558,892, approximately $536 per square foot. This property was built in 2003. 181 E Reed Ave Unit 312 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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