NOT LISTED FOR SALE

Estimated Value: $445,697 - $473,000

1 Bed
1 Bath
874 Sq Ft
$461/mo HOA Fee

Last Sold October 15, 2021

Last sale price $425,000 $486 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,271/month

2 Days on Market

Highlights

  • Fitness Center
  • Open Floorplan
  • Upgraded Countertops
  • Gourmet Kitchen
  • Contemporary Architecture
  • 1-minute walk to Ruby Tucker Park

About This Home

As of October 2021

Penthouse perfection at The Preston: enjoy 11-foot ceilings, upgraded floors, and walls of windows throughout this spacious condo. Because of its desirable location on the northwest corner of the building, the new owner will love the treetop views, fantastic all-day light, and TWO large balconies on which to relax and watch evening sunsets. The modern kitchen has white slab cabinetry, a large island with bar seating, granite countertops, and stainless-steel appliances including a Viking refrigerator. A gas fireplace separates the living and dining rooms; storage abounds from the large walk-in closet in the bedroom as well as a deep pantry/coat closet, both outfitted with elfa storage systems. Additional perks include in-unit washer and dryer, a dual entry bathroom, and a sizable entry foyer. This unit conveys with two parking spaces (#7 and #60) and a storage unit, and building amenities include a party room, gym, visitor parking, and an expansive, communal rooftop.

Last Agent to Sell the Property

Matthew Koerber

(202) 744-0139 matt@mattkoerber.com TTR Sotheby's International Realty License #SP98376771 Listed on: 09/09/2021

TTR Sotheby's International Realty

Last Buyer's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office License #0225194075

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,345

Year Built

  • Built in 2003

Lot Details

  • Property is in excellent condition

HOA Fees

  • $461 Monthly HOA Fees

Parking

  • Assigned parking located at #7 and 60
  • Side Facing Garage
  • Garage Door Opener
  • Parking Space Conveys
  • Secure Parking

Home Design

  • Contemporary Architecture
  • Entry on the 4th floor
  • Masonry

Interior Spaces

  • 874 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Recessed Lighting
  • Gas Fireplace
  • Luxury Vinyl Plank Tile Flooring

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Gas Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Stacked Washer and Dryer

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 016.01-0A-407

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, management, reserve funds, sewer, snow removal, trash, water
  • Low-Rise Condominium
  • The Preston Condominium Condos, Phone Number (571) 970-3036
  • Preston Community
  • Preston Subdivision
  • Property Manager

Amenities

  • Community Center
  • Party Room
  • Elevator

Recreation

Pet Policy

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,345

Year Built

Built in 2003

Lot Details

0

HOA Fees

$461 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 2003
  • Assigned Parking Space Numbers: 7 and 60
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Front Loading, Exhaust Fan, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer - Front Loading, Washer/Dryer Stacked, Water Heater
  • Entry Floor: 4
  • Flooring Type: Luxury Vinyl Plank
  • Interior Amenities: Breakfast Area, Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Pantry, Recessed Lighting, Tub Shower, Upgraded Countertops, Walk-In Closet(s)
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Has Laundry, Main Floor, Washer In Unit, Dryer In Unit
  • Total Sq Ft: 874
  • Living Area Sq Ft: 874
  • Price Per Sq Ft: 486.27
  • Above Grade Finished Sq Ft: 874
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.00
  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned, Limited Common Elements, Parking Space Conveys, Private, Secure Parking
  • Garage Features: Garage - Side Entry, Garage Door Opener, Underground
  • 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: Central
  • 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: 460.76
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: The Preston Condominium
  • Condo Co-Op Phone: (571) 970-3036
  • HOA Condo Co-Op Amenities: Community Center, Elevator, Exercise Room, Extra Storage, Fitness Center, Party Room, Reserved/Assigned Parking
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Management, Reserve Funds, Sewer, Snow Removal, Trash, Water
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 252165.00
  • Land Assessed Value: 132398.00
  • Property Condition: Excellent
  • 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

  • Assessor Parcel Number: 18320438
  • Tax Annual Amount: 4345.00
  • Assessor Parcel Number: 016.01-0A-407
  • Tax Year: 2021

MLS Schools

  • School District Name: ALEXANDRIA CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2021
Closed on
Oct 13, 2021
Sold by
Randolph Craig Michael
Bought by
Bonilla Alexandra P Orellana
Seller's Agent
Matthew Koerber
TTR Sotheby's International Realty
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$425,000
Sold Price
$425,000
Current Estimated Value
$459,174

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,174
Avg. Annual Appreciation
1.85%
Original Mortgage
$403,750
Outstanding Balance
$368,182
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$90,992

Purchase Details

Listed on
Aug 29, 2017
Closed on
Sep 29, 2017
Sold by
Drake John
Bought by
Randolph Craig Michael
Seller's Agent
Tonya Nelson
RLAH @properties
Buyer's Agent
Trey Grooms
EXP Realty, LLC
List Price
$389,000
Sold Price
$389,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.18%
Original Mortgage
$369,550
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2005
Sold by
Dove Steven
Bought by
Drake John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 2005
Sold by
Wilkes Street L L C
Bought by
Dove Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
5.7%
Mortgage Type
New Conventional
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
Bonilla Alexandra P Orellana $425,000 Republic Title Inc
Randolph Craig Michael $389,800 Kvs Title Llc
Drake John $425,000 --
Dove Steven $267,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bonilla Alexandra P Orellana $403,750
Previous Owner Randolph Craig Michael $369,550
Previous Owner Drake John $340,000
Previous Owner Dove Steven $213,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/15/2021 10/15/21 Sold $425,000 0.0% $486 / Sq Ft
09/11/2021 09/11/21 Pending -- -- --
09/09/2021 09/09/21 For Sale $425,000 +9.3% $486 / Sq Ft
09/05/2017 09/05/17 Sold $389,000 0.0% $445 / Sq Ft View Prior Sale
09/05/2017 09/05/17 Pending -- -- --
09/05/2017 09/05/17 Off Market $389,000 -- --
08/29/2017 08/29/17 For Sale $389,000 0.0% $445 / Sq Ft
02/22/2016 02/22/16 Rented $1,900 -5.0% --
02/16/2016 02/16/16 Under Contract -- -- --
12/04/2015 12/04/15 For Rent $2,000 -- --
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 $4,904 $424,267 $161,436 $262,831
2024 $4,904 $424,267 $161,436 $262,831
2023 $4,709 $424,267 $161,436 $262,831
2022 $4,512 $406,442 $154,277 $252,165
2021 $4,269 $384,563 $132,398 $252,165
2020 $4,106 $370,914 $126,094 $244,820
2019 $3,942 $348,807 $117,845 $230,962
2018 $3,637 $321,880 $107,131 $214,749
2017 $3,808 $337,000 $112,770 $224,230
2016 $3,552 $331,071 $110,559 $220,512
2015 $3,140 $301,101 $100,508 $200,593
2014 $3,377 $323,736 $100,508 $223,228
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAAX2003038

Bright MLS

APN: 016.01-0A-407