NOT LISTED FOR SALE

Old Towne Village Condos 305 S Payne St Unit 308 Alexandria, VA 22314

Old Town Neighborhood

Estimated Value: $715,000 - $806,000

2 Beds
2.5 Baths
1,376 Sq Ft
$489/mo HOA Fee

Last Sold April 29, 2019

Last sale price $637,500 $463 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $5,280/month

6 Days on Market

Highlights

  • Fitness Center
  • Saltwater Community Pool
  • 1 Elevator
  • Colonial Architecture
  • Community Center
  • Stainless Steel Appliances

About This Home

As of April 2019

Stunning 2 level, urban luxury end unit in the heart of Old Town! Welcoming entry into foyer and living room featuring wide plank hardwood floors. Gorgeous updated kitchen featuring modern maple cabinets with undercabinet lighting, granite counters, mosaic tile backsplash, undermount sink, stainless steel appliances and undercounter wine refrigerator. Spacious floor plan with a private den, dining room, updated powder room, crown molding, gas fireplace, high ceilings and deck with sunset and Masonic Temple views. Awesome master suite with luxury master bath, large walk-in closet and deck. Fabulous updated bathroom with walk-in tiled shower and frameless glass door, tiled soaking tub, dual vanity with granite counters, porcelain undermount sinks, enhanced chrome fixtures and under-sink cabinets. Convenient laundry closet with side by side clothes washer and dryer. Sunny second bedroom and bathroom with tiled shower and tub. Wide plank hardwood floors and new carpeting in bedrooms. Hot water heater 3 years old. Community pool, Jacuzzi, patio, fitness center and party room.

Last Agent to Sell the Property

Alan Wagman

RE/MAX Allegiance License #SP98360616 Listed on: 04/04/2019

RE/MAX Allegiance

Last Buyer's Agent

Alan Wagman

RE/MAX Allegiance License #SP98360616 Listed on: 04/04/2019

RE/MAX Allegiance

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,959

Year Built

  • Built in 1997

Lot Details

  • West Facing Home
  • Property is in very good condition

HOA Fees

  • $489 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Masonry

Interior Spaces

  • 1,376 Sq Ft Home
  • Property has 2 Levels
  • Gas Fireplace

Kitchen

  • Gas Oven or Range
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Electric Dryer
  • Washer

Parking

  • Parking Lot
  • 1 Assigned Parking Space

Accessible Home Design

  • Level Entry For Accessibility

Schools

  • Lyles-Crouch Elementary School
  • George Washington Middle School
  • Alexandria City High School

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 074.03-0B-16

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, pool(s), recreation facility, reserve funds, road maintenance, security gate, snow removal, trash, water, sewer
  • Low-Rise Condominium
  • Gates Hudson Community Management Condos, Phone Number (703) 752-8300
  • Old Town Village Subdivision

Amenities

  • Common Area
  • Community Center
  • Party Room
  • 1 Elevator

Recreation

  • Community Playground
  • Fitness Center
  • Saltwater Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,959

Year Built

Built in 1997

Lot Details

0

HOA Fees

$489 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Colonial
  • Accessibility Features: Level Entry - Main
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2019-04-04
  • Year Built: 1997
  • Remarks Public: Stunning 2 level, urban luxury end unit in the heart of Old Town! Welcoming entry into foyer and living room featuring wide plank hardwood floors. Gorgeous updated kitchen featuring modern maple cabinets with undercabinet lighting, granite counters, mosaic tile backsplash, undermount sink, stainless steel appliances and undercounter wine refrigerator. Spacious floor plan with a private den, dining room, updated powder room, crown molding, gas fireplace, high ceilings and deck with sunset and Masonic Temple views. Awesome master suite with luxury master bath, large walk-in closet and deck. Fabulous updated bathroom with walk-in tiled shower and frameless glass door, tiled soaking tub, dual vanity with granite counters, porcelain undermount sinks, enhanced chrome fixtures and under-sink cabinets. Convenient laundry closet with side by side clothes washer and dryer. Sunny second bedroom and bathroom with tiled shower and tub. Wide plank hardwood floors and new carpeting in bedrooms. Hot water heater 3 years old. Community pool, Jacuzzi, patio, fitness center and party room.
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Disposal, Washer, Dishwasher, Dryer - Electric, Exhaust Fan, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Icemaker
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Elevators Count: 1
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1376
  • Living Area Sq Ft: 1376
  • Price Per Sq Ft: 436.05
  • Above Grade Finished Sq Ft: 1376
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 305

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • 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
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Natural Gas Available, Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 489.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Gates Hudson Community Management
  • Condo Co-Op Phone: 703-752-8300
  • HOA Condo Co-Op Amenities: Common Grounds, Community Center, Fitness Center, Hot Tub, Party Room, Pool - Outdoor, Tot Lots/Playground, Elevator
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Pool(s), Recreation Facility, Reserve Funds, Road Maintenance, Security Gate, Snow Removal, Trash, Water, Sewer
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: In Ground, Saltwater

Schools

  • School District: ALEXANDRIA CITY PUBLIC SCHOOLS
  • Elementary School: LYLES-CROUCH
  • Middle School: GEORGE WASHINGTON
  • High School: ALEXANDRIA CITY
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121139111593
  • School District Source: Listing Agent
  • Elementary School: LYLES-CROUCH
  • High School: ALEXANDRIA CITY
  • Middle Or Junior School: GEORGE WASHINGTON

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 353734.00
  • Land Assessed Value: 173671.00
  • Land Use Code: 014
  • Property Condition: Very Good
  • Year Assessed: 2018
  • Zoning: CRMU/L
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 18313411
  • Tax Annual Amount: 5959.00
  • Assessor Parcel Number: 074.03-0B-16
  • Tax Total Finished Sq Ft: 1376
  • Tax Year: 2018
  • Close Date: 04/29/2019

MLS Schools

  • School District Name: ALEXANDRIA CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2019
Closed on
Apr 29, 2019
Sold by
Bedsole Larry G
Bought by
Shah Jugna
Seller's Agent
Alan Wagman
RE/MAX Allegiance
Buyer's Agent
Alan Wagman
RE/MAX Allegiance
List Price
$600,000
Sold Price
$637,500
Premium/Discount to List
$37,500
6.25%
Current Estimated Value
$761,984

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,484
Avg. Annual Appreciation
2.86%
Original Mortgage
$430,000
Outstanding Balance
$378,834
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$383,150
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
Shah Jugna $637,000 The Settlement Group Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shah Jugna $430,000
Previous Owner Bedsole Larry G $255,000
Previous Owner Bedsole Larry G $63,000
Previous Owner Bedsole Larry G $288,200
Previous Owner Desole Larry G $294,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2019 04/29/19 Sold $637,500 +6.3% $463 / Sq Ft
04/19/2019 04/19/19 For Sale $600,000 0.0% $436 / Sq Ft
04/10/2019 04/10/19 Pending -- -- --
04/04/2019 04/04/19 For Sale $600,000 -- $436 / 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 $7,673 $715,030 $236,954 $478,076
2024 $7,673 $668,252 $221,452 $446,800
2023 $7,418 $668,252 $221,452 $446,800
2022 $7,272 $655,149 $217,110 $438,039
2021 $6,926 $623,952 $206,772 $417,180
2020 $6,442 $577,733 $191,455 $386,278
2019 $6,277 $555,513 $184,092 $371,421
2018 $5,960 $527,405 $173,671 $353,734
2017 $5,960 $527,405 $173,671 $353,734
2016 $5,659 $527,405 $173,671 $353,734
2015 $5,237 $502,090 $165,401 $336,689
2014 $4,956 $475,156 $157,525 $317,631
Source: Public Records

Agents Affiliated with this Home

  • Alan Wagman

    Seller's Agent in 2019

    Alan Wagman

    RE/MAX

    (703) 915-2555

    3 in this area

    17 Total Sales

    Alan Wagman
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About Old Towne Village Condos

Map

Source: Bright MLS

MLS Number: VAAX233632

Bright MLS

APN: 074.03-0B-16

Virginia Alexandria County Alexandria 22314 Old Town

305 S Payne St Unit 308, Alexandria, VA

This home is located at 305 S Payne St Unit 308, Alexandria, VA 22314 since 04 April 2019 and is currently estimated at $761,984, approximately $553 per square foot. This property was built in 1997. 305 S Payne St Unit 308 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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