NOT LISTED FOR SALE

2731 Mount Vernon Ave Unit 201 Alexandria, VA 22301

Del Ray Neighborhood

Estimated Value: $848,233 - $906,000

1 Bed
1 Bath
1,706 Sq Ft
$286/mo HOA Fee

Last Sold March 16, 2021

Last sale price $700,000 $410 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $5,746/month

Highlights

  • Open Floorplan
  • Heat Pump System
  • 1-minute walk to Nicholas A. Colasanto Park
  • 1 Fireplace

About This Home

As of March 2021

We are proud to offer this 1,700 sqft true loft in the heart of Del Ray. This is a rare actual loft and not just loft-style. The all-open-concept floor plan includes 11ft+ ceilings, natural wide-plank wood floors and walls of windows looking over tree-lined Mt. Vernon Ave and the future site of Del Ray Gateway Park. Perched among the treetops, the condo, normally hidden from view, is flooded with natural light. Conveniently zoned for both residential and commercial use, the significant amount of open space offers an unprecedented level of flexible use to the new homeowner. The unique floor plan allows the homeowner to rethink traditional condo living and modify to their desires. For example, a home office, fitness space, meeting area and large entertainment seating are all possible. The chic monochromatic kitchen features a marble countertop, Bertazzoi wall oven and gas cooktop, a Blomberg refrigerator and dishwasher hidden behind a matching white panel and an externally vented hood. An additional storage space and reserved plus guest parking are included along with a new in-unit washer and dryer. The Del Ray neighborhood is quaint and walkable with easy access to a wide variety of restaurants, gourmet markets, wellness & exercise studios, and other charming, independently-owned shops such as Evening Star Cafe, Cheesetique, The Garden and Swings Coffee. It's also ideally located within one mile of Amazon's newest HQ2 headquarters at National Landing and two miles from Ronald Reagan National Airport. Future Potomac Yard Metro station a short walk away.

Last Agent to Sell the Property

Andrew Smith

(202) 412-4929 asmith@ttrsir.com TTR Sotheby's International Realty License #SP98372985 Listed on: 02/03/2021

TTR Sotheby's International Realty

Co-Listed By

Jeff Lockard

(202) 246-4433 jeff.lockard@sothebysrealty.com TTR Sotheby's International Realty License #SP99684

Last Buyer's Agent

Norm Odeneal

(703) 587-0945 norm@callnorm.com KW Metro Center

KW Metro Center

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,263

Year Built

  • Built in 2012

Lot Details

  • 1,742

HOA Fees

  • $286 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Brick Exterior Construction

Interior Spaces

  • 1,706 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • 1 Fireplace
  • Window Treatments

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Parking

  • Assigned parking located at ##3
  • Parking Lot
  • 1 Assigned Parking Space

Utilities

  • Heat Pump System
  • Back Up Electric Heat Pump System
  • Electric Water Heater

Community Details

  • Association fees include common area maintenance, exterior building maintenance, reserve funds, trash
  • Low-Rise Condominium
  • The Lofts Of Del Ray Condos
  • Del Ray Subdivision

Listing and Financial Details

  • Assessor Parcel Number 024.04-0A-D2

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,263

Year Built

Built in 2012

Lot Details

0

HOA Fees

$286 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Loft
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 2012
  • Assigned Parking Space Numbers: #3
  • Automatically Close On Close Date: No
  • Remarks Public: We are proud to offer this 1,700 sqft true loft in the heart of Del Ray. This is a rare actual loft and not just loft-style. The all-open-concept floor plan includes 11ft+ ceilings, natural wide-plank wood floors and walls of windows looking over tree-lined Mt. Vernon Ave and the future site of Del Ray Gateway Park. Perched among the treetops, the condo, normally hidden from view, is flooded with natural light. Conveniently zoned for both residential and commercial use, the significant amount of open space offers an unprecedented level of flexible use to the new homeowner. The unique floor plan allows the homeowner to rethink traditional condo living and modify to their desires. For example, a home office, fitness space, meeting area and large entertainment seating are all possible. The chic monochromatic kitchen features a marble countertop, Bertazzoi wall oven and gas cooktop, a Blomberg refrigerator and dishwasher hidden behind a matching white panel and an externally vented hood. An additional storage space and reserved plus guest parking are included along with a new in-unit washer and dryer. The Del Ray neighborhood is quaint and walkable with easy access to a wide variety of restaurants, gourmet markets, wellness & exercise studios, and other charming, independently-owned shops such as Evening Star Cafe, Cheesetique, The Garden and Swings Coffee. It's also ideally located within one mile of Amazon's newest HQ2 headquarters at National Landing and two miles from Ronald Reagan National Airport. Future Potomac Yard Metro station a short walk away.
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 2
  • Interior Amenities: Floor Plan - Open, Window Treatments
  • Fireplaces Count: 1
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 1706
  • Living Area Sq Ft: 1706
  • Price Per Sq Ft: 403.87
  • Above Grade Finished Sq Ft: 1706
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2731

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: Glass, Combination, Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 1

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup
  • 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: 286.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: The Lofts of Del Ray
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Reserve Funds, Trash
  • HOA: No
  • Senior Community: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 369008.00
  • Land Assessed Value: 362250.00
  • Land Use Code: 019
  • Year Assessed: 2020
  • Zoning: CL
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 18322294
  • Tax Annual Amount: 8263.00
  • Assessor Parcel Number: 024.04-0A-D2
  • Tax Total Finished Sq Ft: 1706
  • Tax Year: 2020
  • Close Date: 03/16/2021

MLS Schools

  • School District Name: ALEXANDRIA CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 26, 2012
Sold by
Lofts Of Del Ray Llc
Bought by
Ashby Neal
Current Estimated Value
$877,117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Outstanding Balance
$310,380
Interest Rate
3.88%
Mortgage Type
Construction
Estimated Equity
$566,737
Source: Public Records

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 Buyer Sale Price Title Company
Ashby Neal $450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ashby Neal $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/16/2021 03/16/21 Sold $700,000 +1.6% $410 / Sq Ft
03/01/2021 03/01/21 Price Changed $689,000 0.0% $404 / Sq Ft
03/01/2021 03/01/21 For Sale $689,000 0.0% $404 / Sq Ft
02/13/2021 02/13/21 Pending -- -- --
02/03/2021 02/03/21 For Sale $689,000 -- $404 / 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 $9,880 $862,689 $493,681 $369,008
2024 $9,880 $862,689 $493,681 $369,008
2023 $9,576 $862,689 $493,681 $369,008
2022 $9,365 $843,701 $474,693 $369,008
2021 $8,801 $792,841 $423,833 $369,008
2020 $8,106 $731,258 $362,250 $369,008
2019 $8,928 $790,054 $345,000 $445,054
2018 $8,930 $790,266 $300,000 $490,266
2017 $8,866 $784,572 $300,000 $484,572
2016 $8,418 $784,572 $300,000 $484,572
2015 $8,183 $784,572 $300,000 $484,572
2014 $9,073 $869,910 $300,000 $569,910
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAAX255724

Bright MLS

APN: 60023570