NOT LISTED FOR SALE

Old Towne Village Condos 305 S Payne St Unit 301 Alexandria, VA 22314

Old Town Neighborhood

Estimated Value: $773,000 - $856,000

3 Beds
2.5 Baths
1,625 Sq Ft
$547/mo HOA Fee

Last Sold October 23, 2015

Last sale price $603,000 $371 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $5,677/month

11 Days on Market

Highlights

  • Fitness Center
  • Colonial Architecture
  • Traditional Floor Plan
  • Eat-In Gourmet Kitchen
  • Clubhouse
  • Wood Flooring

About This Home

As of October 2015

Exquisite 2 level corner condo in secure elevator building. Beautiful Burmese teak floors. Marble floors in kitchen. Natural cherry cabinets w/ furniture island into dining room. Silestone counters. 3 sided f/p. built-in cases in living rm. Large deck. Upper Level has 3 BRs, one w/ built-in cases, one w/ built-in end tables. MBA w/ 2 vanity, whirlpool tub, large shower. Park at front door.

Last Agent to Sell the Property

Brian Hong

Corcoran McEnearney License #0225167362 Listed on: 09/11/2015

Corcoran McEnearney

Last Buyer's Agent

Natalie Caprano

EXP Realty, LLC License #SP98369617

EXP Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,752

Year Built

  • Built in 1997

Lot Details

  • 1,612

HOA Fees

  • $547 Monthly HOA Fees

Parking

  • 1 Assigned Parking Space

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,625 Sq Ft Home
  • Property has 2 Levels
  • Traditional Floor Plan
  • Built-In Features
  • Chair Railings
  • Crown Molding
  • Wainscoting
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace With Glass Doors
  • Fireplace Mantel
  • Gas Fireplace
  • Double Pane Windows
  • Window Treatments
  • Window Screens
  • Six Panel Doors
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Wood Flooring

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Stove
  • Microwave
  • ENERGY STAR Qualified Freezer
  • ENERGY STAR Qualified Refrigerator
  • Ice Maker
  • ENERGY STAR Qualified Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2.5 Bathrooms
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Front Loading Dryer
  • ENERGY STAR Qualified Washer

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Underground Utilities
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Accessible Elevator Installed
  • Balcony
  • Property is in very good condition

Listing and Financial Details

  • Assessor Parcel Number 50661630

Community Details

Overview

  • Moving Fees Required
  • Association fees include common area maintenance, exterior building maintenance, lawn maintenance, insurance, pool(s), parking fee, reserve funds, recreation facility, road maintenance, sewer, snow removal, trash, water
  • Low-Rise Condominium
  • Built by PULTE
  • Old Town Village Subdivision, Hanley Floorplan
  • Old Towne Village Community
  • The community has rules related to alterations or architectural changes, antenna installations, commercial vehicles not allowed, moving in times, parking rules

Amenities

  • Common Area
  • Clubhouse
  • Community Center
  • Elevator

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,752

Year Built

Built in 1997

Lot Details

0

HOA Fees

$547 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Colonial
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1997
  • Remarks Public: Exquisite 2 level corner condo in secure elevator building. Beautiful Burmese teak floors. Marble floors in kitchen. Natural cherry cabinets w/ furniture island into dining room. Silestone counters. 3 sided f/p. built-in cases in living rm. Large deck. Upper Level has 3 BRs, one w/ built-in cases, one w/ built-in end tables. MBA w/ 2 vanity, whirlpool tub, large shower. Park at front door.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Energy Star Clothes Washer, Dryer - Front Loading, Exhaust Fan, Icemaker, Microwave, Oven - Self Cleaning, Oven/Range - Gas, Refrigerator, Stove, Washer - Front Loading, Energy Star Refrigerator, Energy Star Freezer, Energy Star Dishwasher
  • Interior Amenities: Kitchen - Gourmet, Breakfast Area, Kitchen - Table Space, Dining Area, Built-Ins, Upgraded Countertops, Crown Moldings, Primary Bath(s), Window Treatments, Wood Floors, Chair Railings, Elevator, Wainscotting, Whirlpool/Hottub, Recessed Lighting, Floor Plan - Traditional
  • Window Features: Double Pane, Screens
  • Fireplace Features: Gas/Propane, Fireplace - Glass Doors, Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Six Panel
  • Wall Ceiling Types: Dry Wall, 9'+ Ceilings
  • Entry Location: Floors 2-5
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Foyer, Laundry
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1625
  • Living Area Sq Ft: 1625
  • Price Per Sq Ft: 375.38
  • Above Grade Finished Sq Ft: 1625
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 305

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Combination, Brick
  • Exterior Features: Sidewalks, Street Lights
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Under Ground, Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 547.47
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Community Center, Fitness Center, Pool - Outdoor, Elevator, Club House, Exercise Room
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Insurance, Pool(s), Parking Fee, Reserve Funds, Recreation Facility, Road Maintenance, Sewer, Snow Removal, Trash, Water
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA Condo Co-Op Rules: Antenna, Alterations/Architectural Changes, Commercial Vehicles Prohibited, Elevator Use, Moving In Times, Moving Fees Required, Parking, Pets - Area, Pets - Size Restrict
  • HOA: No
  • Senior Community: No

Green Features

  • Efficiency: Appliances

Lot Info

  • Improvement Assessed Value: 386129.00
  • Land Assessed Value: 165401.00
  • Outdoor Living Structures: Balcony
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Year Assessed: 2015
  • Zoning: CRMU/L
  • In City Limits: Yes

Building Info

  • Builder Name: PULTE

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5752.46
  • Assessor Parcel Number: 50661630
  • Tax Total Finished Sq Ft: 1624
  • Tax Year: 2015
  • Close Date: 10/23/2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2015
Closed on
Oct 23, 2015
Sold by
Fitzgerald Kiernan Kathleen
Bought by
Kanagarajan Sundaramoorthy and Sundaramoorthy Robin M
Seller's Agent
Brian Hong
Corcoran McEnearney
Buyer's Agent
Natalie Caprano
EXP Realty, LLC
List Price
$610,000
Sold Price
$603,000
Premium/Discount to List
-$7,000
-1.15%
Current Estimated Value
$812,779

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$209,779
Avg. Annual Appreciation
3.15%
Original Mortgage
$540,270
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 20, 2012
Closed on
Feb 15, 2013
Sold by
Forest Gail
Bought by
Kiernan Pagani Kathleen F
Seller's Agent
Julie Hall
Weichert, REALTORS
Buyer's Agent
Brian Hong
Corcoran McEnearney
List Price
$549,000
Sold Price
$540,000
Premium/Discount to List
-$9,000
-1.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.20%
Original Mortgage
$405,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2007
Sold by
Kirscyhner Eric
Bought by
Forrest Gail

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,000
Interest Rate
6.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 2002
Sold by
Williams Richard C
Bought by
Kirschner Eric T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,700
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Kanagarajan Sundaramoorthy $600,300 None Available
Kiernan Pagani Kathleen F $540,000 --
Forrest Gail $530,000 --
Kirschner Eric T $382,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kanagarajan Sundaramoorthy $492,000
Closed Kanagarajan Sundaramoorthy $540,270
Previous Owner Kiernan Pagani Kathleen F $405,000
Previous Owner Forrest Gail $420,000
Previous Owner Forrest Gail $424,000
Previous Owner Kirschner Eric T $300,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2015 10/23/15 Sold $603,000 -1.1% $371 / Sq Ft
09/22/2015 09/22/15 Pending -- -- --
09/16/2015 09/16/15 For Sale $610,000 +1.2% $375 / Sq Ft
09/11/2015 09/11/15 Off Market $603,000 -- --
09/11/2015 09/11/15 For Sale $610,000 +13.0% $375 / Sq Ft
02/15/2013 02/15/13 Sold $540,000 -1.6% $332 / Sq Ft
01/09/2013 01/09/13 Pending -- -- --
12/20/2012 12/20/12 For Sale $549,000 -- $338 / 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 $8,418 $785,232 $236,954 $548,278
2024 $8,418 $733,861 $221,452 $512,409
2023 $8,146 $733,861 $221,452 $512,409
2022 $7,986 $719,471 $217,110 $502,361
2021 $7,606 $685,212 $206,772 $478,440
2020 $7,071 $634,455 $191,455 $443,000
2019 $6,894 $610,053 $184,092 $425,961
2018 $6,547 $579,348 $173,671 $405,677
2017 $6,547 $579,348 $173,671 $405,677
2016 $6,216 $579,348 $173,671 $405,677
2015 $5,752 $551,530 $165,401 $386,129
2014 $5,442 $521,798 $157,525 $364,273
Source: Public Records

Agents Affiliated with this Home

  • Brian Hong

    Seller's Agent in 2015

    Brian Hong

    McEnearney Associates

    (703) 929-5764

    5 in this area

    45 Total Sales

    Brian Hong
    Section Image
  • Natalie Caprano

    Buyer's Agent in 2015

    Natalie Caprano

    EXP Realty, LLC

    (703) 896-0643

    1 in this area

    32 Total Sales

    Natalie Caprano
    Section Image

  • J

    Seller's Agent in 2013

    Julie Hall

    Weichert Corporate

    Section Image

  • E

    Seller Co-Listing Agent in 2013

    Erika Carroll

    Weichert Corporate

See All Agents

About Old Towne Village Condos

Map

Source: Bright MLS

MLS Number: 1000496589

Bright MLS

APN: 074.03-0B-09

Virginia Alexandria County Alexandria 22314 Old Town

305 S Payne St Unit 301, Alexandria, VA

This home is located at 305 S Payne St Unit 301, Alexandria, VA 22314 since 11 September 2015 and is currently estimated at $812,779, approximately $500 per square foot. This property was built in 1997. 305 S Payne 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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