NOT LISTED FOR SALE

225 Strand St Unit 301 Alexandria, VA 22314

Old Town Neighborhood

Estimated Value: $3,051,000 - $3,806,000

3 Beds
3 Baths
2,868 Sq Ft
$1,332/mo HOA Fee

Last Sold March 19, 2021

Last sale price $2,890,000 $1,008 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $22,854/month

224 Days on Market

Highlights

  • New Construction
  • Waterfront
  • Wood Flooring
  • Water Oriented
  • Traditional Architecture
  • 1-minute walk to Point Lumley Park

About This Home

As of March 2021

Welcome to Watermark, The IDI Group's newest boutique, waterfront condominium of 18 grand, single-level homes wrapped in the echoes of history. Located at 225 Strand Street in the heart of the Historic District, just one block to King Street. Only 2 homes remain available for purchase! Residence #301 is a stunning 3BR/3BA residence that directly faces the Potomac with fantastic river views from the numerous, over-sized windows. Finishes include hardwood floors throughout, quartz counters, white Italian-made cabinetry, & stainless steel appliances with gas cooking. Building amenities include an elegantly appointed lobby and rooftop terrace with sweeping waterfront views. 2 garage parking spaces are included. Quality Steel & Concrete construction and LOW condo fees! *Recently Awarded Best New Boutique Condominium in the DC Area by Delta Associates!*

Last Listed By

Jamie Test

Compass License #SP600876 Listed on: 06/23/2020

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $33,462

Year Built

  • Built in 2020 | New Construction

Lot Details

  • Waterfront
  • Property is in excellent condition

HOA Fees

  • $1,332 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Assigned Parking

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,868 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Water Oriented
  • River Nearby
  • Balcony

Location

  • Flood Risk

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Home warranty included in the sale of the property

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, management, parking fee, reserve funds, trash
  • Mid-Rise Condominium
  • Watermark Condos
  • Watermark Community
  • Old Town Subdivision

Amenities

  • Picnic Area
  • Elevator

Pet Policy

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$33,462

Year Built

Built in 2020 | New Construction

Lot Details

0

HOA Fees

$1,332 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Traditional
  • Ownership: Condominium
  • Home Warranty: Yes
  • New Construction: Yes
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 2020
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to Watermark, The IDI Group's newest boutique, waterfront condominium of 18 grand, single-level homes wrapped in the echoes of history. Located at 225 Strand Street in the heart of the Historic District, just one block to King Street. Only 2 homes remain available for purchase! Residence #301 is a stunning 3BR/3BA residence that directly faces the Potomac with fantastic river views from the numerous, over-sized windows. Finishes include hardwood floors throughout, quartz counters, white Italian-made cabinetry, & stainless steel appliances with gas cooking. Building amenities include an elegantly appointed lobby and rooftop terrace with sweeping waterfront views. 2 garage parking spaces are included. Quality Steel & Concrete construction and LOW condo fees! *Recently Awarded Best New Boutique Condominium in the DC Area by Delta Associates!*
  • Special Features: 4098
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 3
  • Flooring Type: Hardwood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 2868
  • Living Area Sq Ft: 2868
  • Price Per Sq Ft: 1044.28
  • Above Grade Finished Sq Ft: 2868
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 225

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 3

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Concrete
  • Construction Completed: Yes
  • Water Access: No
  • Water Body Type: River
  • Waterfront: Yes
  • Water Oriented: Yes
  • Pool: No Pool
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Covered Parking, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: 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: 1332.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: WATERMARK
  • HOA Condo Co-Op Amenities: Elevator, Reserved/Assigned Parking, Picnic Area
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Management, Parking Fee, Reserve Funds, Trash
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Outdoor Living Structures: Balcony
  • Property Condition: Excellent
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Pets: Cats Ok, Dogs Ok, Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: NO TAX RECORD
  • Tax Year: 2021
  • Close Date: 03/19/2021

MLS Schools

  • School District Name: ALEXANDRIA CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2020
Closed on
Mar 19, 2021
Sold by
Idi Strand Lc
Bought by
Tunasar Cenk and Tunasar Meltem
Seller's Agent
Jamie Test
Compass
Buyer's Agent
Jamie Test
Compass
List Price
$2,920,000
Sold Price
$2,890,000
Premium/Discount to List
-$30,000
-1.03%
Total Days on Market
224
Current Estimated Value
$3,378,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$488,768
Avg. Annual Appreciation
-1.90%
Original Mortgage
$1,900,000
Outstanding Balance
$1,747,592
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$921,282

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
Tunasar Cenk $2,890,000 Walker Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tunasar Cenk $1,900,000
Closed Tunasar Cenk $1,900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2021 03/19/21 Sold $2,890,000 -3.5% $1,008 / Sq Ft
02/02/2021 02/02/21 Pending -- -- --
08/11/2020 08/11/20 Price Changed $2,995,000 +2.6% $1,044 / Sq Ft
06/23/2020 06/23/20 For Sale $2,920,000 -- $1,018 / 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
2024 $33,462 $2,940,370 $882,519 $2,057,851
2023 $34,693 $3,125,500 $938,850 $2,186,650
2022 $31,580 $2,845,000 $853,500 $1,991,500
2021 $31,580 $2,845,000 $853,500 $1,991,500
Source: Public Records

Agents Affiliated with this Home

  • Jamie Test

    Seller's Agent in 2021

    Jamie Test

    Compass

    (703) 819-0436

    26 in this area

    146 Total Sales

    Jamie Test
    Section Image
  • Miriam Fernandez

    Seller Co-Listing Agent in 2021

    Miriam Fernandez

    McWilliams/Ballard Inc.

    (703) 850-1159

    16 in this area

    61 Total Sales

    Miriam Fernandez
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: VAAX247674

Bright MLS

APN: 075.03-1B-301

Virginia Alexandria County Alexandria 22314 Old Town

225 Strand St Unit 301, Alexandria, VA

Homes for Sale in Alexandria, VA

This home is located at 225 Strand St Unit 301, Alexandria, VA 22314 since 23 June 2020 and is currently estimated at $3,378,768, approximately $1,178 per square foot. This property was built in 2020. 225 Strand St Unit 301 is a home located in Alexandria City with nearby schools including Lyles-Crouch Elementary, George Washington Middle School, and Alexandria City High School.

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