NOT LISTED FOR SALE

225 Strand St Unit 404 Alexandria, VA 22314

Old Town Neighborhood

Estimated Value: $2,310,000 - $3,207,000

3 Beds
3 Baths
2,420 Sq Ft
$979/mo HOA Fee

Last Sold December 31, 2020

Last sale price $1,945,000 $804 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $17,717/month

Highlights

  • New Construction
  • Wood Flooring
  • Elevator
  • Traditional Architecture
  • 1 Fireplace
  • 1-minute walk to Point Lumley Park

About This Home

As of December 2020

Entered for 2020 comp purposes; under contract in May 2019 and settled July 2020. 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. Finishes include wide-plank hardwood floors, 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 (in tandem for #404). Quality Steel & Concrete construction and LOW condo fees!

Last Listed By

Jamie Test

Compass License #SP600876 Listed on: 12/31/2020

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $22,395

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 2,439

HOA Fees

  • $979 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Assigned Parking

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,420 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 3 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Property is in excellent condition
  • Flood Risk

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
  • 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

$22,395

Year Built

Built in 2020 | New Construction

Lot Details

0

HOA Fees

$979 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
  • Remarks Public: Entered for 2020 comp purposes; under contract in May 2019 and settled July 2020. 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. Finishes include wide-plank hardwood floors, 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 (in tandem for #404). Quality Steel & Concrete construction and LOW condo fees!
  • Special Features: NewHome
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 4
  • Flooring Type: Hardwood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 2420
  • Living Area Sq Ft: 2420
  • Price Per Sq Ft: 783.06
  • Above Grade Finished Sq Ft: 2420
  • 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: No
  • 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: 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: 979.00
  • 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: 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

  • Property Condition: Excellent
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Assessor Parcel Number: NO TAX RECORD
  • Tax Year: 1492
  • Close Date: 12/31/2020

MLS Schools

  • School District Name: ALEXANDRIA CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 9, 2021
Sold by
Cino Maria
Bought by
Cino Maria and The Maria Cino Trust
Total Days on Market
0
Current Estimated Value
$2,682,449

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
Cino Maria -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2020 12/31/20 Sold $1,945,000 +2.6% $804 / Sq Ft
12/31/2020 12/31/20 Pending -- -- --
12/31/2020 12/31/20 For Sale $1,895,000 -- $783 / 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 $22,395 $1,965,308 $590,000 $1,375,308
2023 $23,179 $2,088,200 $627,660 $1,460,540
2022 $21,112 $1,902,000 $570,600 $1,331,400
2021 $21,112 $1,902,000 $570,600 $1,331,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAAX254632

Bright MLS

APN: 075.03-1B-404