$240,000
SOLD OCT 25, 2024
1 Bed
1 Bath
800 Sq Ft
$826/mo HOA Fee

Recently Sold

$300 Per Sq Ft

1% Below List Price

19 Days on Market

Highlights

  • Concierge
  • 24-Hour Security
  • Open Floorplan
  • Fitness Center
  • City View
  • Contemporary Architecture

About This Home

As of October 2024

When you walk in the door you know that you have arrived at a cool, in-city residence with dramatic views of Washington DC. The 4th of July views from your balcony are spectacular. You will love the large living/dining room area with all new LVP flooring, floor-to-ceiling windows out to the private balcony. There is a separate dining space with new remote-control fan/light. The renovated kitchen is open to the living room and features all granite coutertops, a bar with custom lighting, NEW stainless steel stove with gas cooking and built in air fryer, and NEW SS refrigerator. There is a spacious bedroom with walk-in closet. ALL NEW luxury vinyl plank flooring throughout the unit. The updated bathroom features NEW lighting and a replaced vanity & toilet. The rent includes ALL utilities except phone & cable. The Park Place condominium offers upscale living in a great location. The building is constantly being upgraded and now offers, modern hallways, modern gym, pool, replaced windows, elevators, roof, boiler, chiller and more. There is on-site property management. Pets are OK here, and the home is located across the street from Fort Ward park, a great place to walk. Plenty of on-site parking for residents and guests. Garage parking space for rent. Park Place is close to Homeland Security, a short 10 min drive to The Washington Mall, 10 min drive to Old Town, or 10 min drive to National Airport. Free city Bus with bicycle carriers to Pentagon/King St Metros, Old Town at the door. Walk to shopping, parks. OPEN SUNDAY 9/22/24 1-4PM

Last Agent to Sell the Property

Karrina Brown

RE/MAX Executives License #BR98372024 Listed on: 08/15/2024

RE/MAX Executives

Last Buyer's Agent

Zachary Wessolleck

EXP Realty, LLC

EXP Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,350

Year Built

  • Built in 1965 | Remodeled in 2018

HOA Fees

  • $826 Monthly HOA Fees

Property Views

  • Scenic Vista

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 800 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Bar
  • Double Pane Windows
  • Insulated Windows
  • Window Treatments
  • Insulated Doors
  • Living Room
  • Dining Room

Kitchen

  • Gas Oven or Range
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Home Security

Parking

  • 1 Off-Street Space
  • Parking Lot
  • Unassigned Parking

Accessible Home Design

  • Accessible Elevator Installed
  • Doors are 32 inches wide or more
  • Level Entry For Accessibility

Utilities

  • Forced Air Heating and Cooling System
  • Convector Heater
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Property is in very good condition

Listing and Financial Details

  • Assessor Parcel Number 50428890

Community Details

Overview

  • Association fees include air conditioning, common area maintenance, electricity, exterior building maintenance, gas, heat, lawn maintenance, management, insurance, parking fee, pool(s), sewer, snow removal, water, trash
  • 423 Units
  • High-Rise Condominium
  • Park Place Condos
  • Park Place Subdivision, Gorgeous 1Br Floorplan
  • Park Place Community
  • Property Manager

Amenities

  • Concierge
  • Meeting Room
  • Laundry Facilities

Recreation

Pet Policy

  • Dogs and Cats Allowed

Security

  • 24-Hour Security
  • Front Desk in Lobby
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,350

Year Built

Built in 1965 | Remodeled in 2018

Lot Details

0

HOA Fees

$826 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Contemporary
  • Accessibility Features: 32"+ Wide Doors, Elevator, Level Entry - Main
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-08-23
  • Year Built: 1965
  • Year Renovated: 2018
  • Automatically Close On Close Date: No
  • Remarks Public: When you walk in the door you know that you have arrived at a cool, in-city residence with dramatic views of Washington DC. The 4th of July views from your balcony are spectacular. You will love the large living/dining room area with all new LVP flooring, floor-to-ceiling windows out to the private balcony. There is a separate dining space with new remote-control fan/light. The renovated kitchen is open to the living room and features all granite coutertops, a bar with custom lighting, NEW stainless steel stove with gas cooking and built in air fryer, and NEW SS refrigerator. There is a spacious bedroom with walk-in closet. ALL NEW luxury vinyl plank flooring throughout the unit. The updated bathroom features NEW lighting and a replaced vanity & toilet. The rent includes ALL utilities except phone & cable. The Park Place condominium offers upscale living in a great location. The building is constantly being upgraded and now offers, modern hallways, modern gym, pool, replaced windows, elevators, roof, boiler, chiller and more. There is on-site property management. Pets are OK here, and the home is located across the street from Fort Ward park, a great place to walk. Plenty of on-site parking for residents and guests. Garage parking space for rent. Park Place is close to Homeland Security, a short 10 min drive to The Washington Mall, 10 min drive to Old Town, or 10 min drive to National Airport. Free city Bus with bicycle carriers to Pentagon/King St Metros, Old Town at the door. Walk to shopping, parks. OPEN SUNDAY 9/22/24 1-4PM
  • Washer Dryer Hookups YN: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven/Range - Gas, Refrigerator, Stove
  • Entry Floor: 14
  • Interior Amenities: Dining Area, Entry Level Bedroom, Window Treatments, Bar, Bathroom - Tub Shower, Floor Plan - Open, Primary Bath(s), Walk-In Closet(s)
  • Window Features: Double Pane, Insulated
  • Fireplace: No
  • Door Features: Insulated
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen
  • Basement: No
  • Laundry Type: Common
  • Total Sq Ft: 800
  • Living Area Sq Ft: 800
  • Price Per Sq Ft: 299.94
  • Above Grade Finished Sq Ft: 800
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2500

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, Below Grade
  • Construction Materials: Brick
  • View: City, Scenic Vista
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Electric Vehicle Charging Station(s), General Common Elements, Unassigned
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Off Street, Parking Lot
  • Off Street Parking Spaces: 1
  • Parking Lot Number Of Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Convector, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: 24 Hour Security, Desk In Lobby, Fire Detection System, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public
  • Internet Services: Cable

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 826.07
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: PARK PLACE
  • HOA Condo Co-Op Amenities: Concierge, Elevator, Exercise Room, Meeting Room, Security, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Air Conditioning, Common Area Maintenance, Electricity, Ext Bldg Maint, Gas, Heat, Lawn Maintenance, Management, Insurance, Parking Fee, Pool(s), Sewer, Snow Removal, Water, Trash
  • HOA: No
  • Senior Community: No
  • Community Pool Features: Fenced, In Ground

Schools

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

Lot Info

  • Land Use Code: 15
  • Outdoor Living Structures: Balcony
  • Property Condition: Very Good
  • Year Assessed: 2023
  • Zoning: RC
  • In City Limits: Yes

Rental Info

  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 2350.00
  • Assessor Parcel Number: 50428890
  • Tax Total Finished Sq Ft: 784
  • County Tax Payment Frequency: Semi-Annually
  • Tax Year: 2024
  • Close Date: 10/25/2024

MLS Schools

  • School District Name: ALEXANDRIA CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2024
Closed on
Oct 23, 2024
Sold by
Thompson Richard
Bought by
Nelson Julia Elizabeth
Seller's Agent
Karrina Brown
RE/MAX Executives
Buyer's Agent
Zachary Wessolleck
EXP Realty, LLC
List Price
$242,500
Sold Price
$240,000
Premium/Discount to List
-$2,500
-1.03%
Views
24
Current Estimated Value
$237,532

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,468
Avg. Annual Appreciation
-1.21%
Original Mortgage
$192,000
Outstanding Balance
$190,310
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$47,222

Purchase Details

Closed on
Jun 26, 1995
Sold by
Gallaher Daniel T
Bought by
Horanski Julius A
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $240,000 Old Republic National Title
Deed $75,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $192,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2024 10/25/24 Sold $240,000 0.0% $300 / Sq Ft
10/03/2024 10/03/24 Pending -- -- --
10/02/2024 10/02/24 Price Changed $239,950 -1.1% $300 / Sq Ft
09/13/2024 09/13/24 For Sale $242,500 0.0% $303 / Sq Ft
08/16/2024 08/16/24 Off Market $242,500 -- --
08/11/2024 08/11/24 Price Changed $242,500 0.0% $303 / Sq Ft
06/15/2019 06/15/19 Rented $1,595 +6.3% --
05/31/2019 05/31/19 Under Contract -- -- --
05/31/2019 05/31/19 Off Market $1,500 -- --
05/18/2019 05/18/19 Price Changed $1,500 -6.0% $2 / Sq Ft
05/12/2019 05/12/19 Price Changed $1,595 -3.3% $2 / Sq Ft
05/02/2019 05/02/19 Price Changed $1,650 -2.9% $2 / Sq Ft
04/27/2019 04/27/19 Price Changed $1,700 -0.9% $2 / Sq Ft
04/27/2019 04/27/19 Price Changed $1,715 +0.9% $2 / Sq Ft
04/20/2019 04/20/19 For Rent $1,700 +17.2% --
12/01/2015 12/01/15 Rented $1,450 -7.9% --
11/30/2015 11/30/15 Under Contract -- -- --
10/06/2015 10/06/15 For Rent $1,575 -- --
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 $2,439 $219,556 $77,035 $142,521
2024 $2,439 $207,128 $72,675 $134,453
2023 $2,299 $207,128 $72,675 $134,453
2022 $2,159 $194,486 $68,239 $126,247
2021 $2,106 $189,743 $66,575 $123,168
2020 $1,905 $169,414 $59,442 $109,972
2019 $1,817 $160,781 $59,442 $101,339
2018 $1,781 $157,629 $58,277 $99,352
2017 $1,648 $145,871 $58,277 $87,594
2016 $1,491 $138,925 $55,502 $83,423
2015 $1,610 $154,360 $61,668 $92,692
2014 $1,530 $146,706 $61,668 $85,038
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAAX2036884

Bright MLS

APN: 021.01-0B-1423