NOT LISTED FOR SALE

Old Towne Village Condos 305 S Payne St Unit 502 Alexandria, VA 22314

Old Town Neighborhood

Estimated Value: $562,224 - $610,000

1 Bed
1 Bath
1,059 Sq Ft
$342/mo HOA Fee

Last Sold November 14, 2016

Last sale price $435,000 $411 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $4,097/month

6 Days on Market

Highlights

  • Fitness Center
  • Colonial Architecture
  • Vaulted Ceiling
  • Open Floorplan
  • Clubhouse
  • Wood Flooring

About This Home

As of November 2016

Open Sun, 10/2, 2-4pm! Beautiful 1BR plus loft with large table-space kitch w/granite counters and 42" cherry cabinets, hardwood floors, vaulted ceilings, HVAC new in 2013, great balcony with unobstructed western view, parking for 2 cars, outdoor pool, fitness center. Walk to King Street Metro and all that Old Town has to offer. Don't miss this one!

Last Agent to Sell the Property

Meg Ross

KW Metro Center License #0225075997 Listed on: 09/28/2016

KW Metro Center

Last Buyer's Agent

Madeline Caporiccio

Promax Management, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,632

Year Built

  • Built in 1997

Lot Details

  • 7,623

HOA Fees

  • $342 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,059 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace With Glass Doors
  • Fireplace Mantel
  • Gas Fireplace
  • Double Pane Windows
  • Window Treatments
  • Window Screens
  • Six Panel Doors
  • Living Room
  • Dining Room
  • Den
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Parking Space Number Location: 18
  • 1 Assigned Parking Space

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Level Entry For Accessibility
  • Property is in very good condition

Listing and Financial Details

  • Assessor Parcel Number 50661720

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, lawn maintenance, management, insurance, parking fee, pool(s), recreation facility, reserve funds, road maintenance, sewer, snow removal, trash, water
  • Mid-Rise Condominium
  • Old Town Village Community
  • Old Town Village Subdivision
  • The community has rules related to alterations or architectural changes

Amenities

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

Recreation

  • Community Playground
  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,632

Year Built

Built in 1997

Lot Details

0

HOA Fees

$342 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Colonial
  • Accessibility Features: Level Entry - Main
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1997
  • Remarks Public: Open Sun, 10/2, 2-4pm! Beautiful 1BR plus loft with large table-space kitch w/granite counters and 42" cherry cabinets, hardwood floors, vaulted ceilings, HVAC new in 2013, great balcony with unobstructed western view, parking for 2 cars, outdoor pool, fitness center. Walk to King Street Metro and all that Old Town has to offer. Don't miss this one!
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Oven/Range - Gas, Refrigerator, Washer
  • Interior Amenities: Kitchen - Table Space, Upgraded Countertops, Window Treatments, Wood Floors, Recessed Lighting, Floor Plan - Open
  • Window Features: Double Pane, Screens
  • Fireplace Features: Gas/Propane, Mantel(s), Fireplace - Glass Doors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Six Panel
  • Wall Ceiling Types: 9'+ Ceilings, Vaulted Ceilings
  • Entry Location: Floors 2-5
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Kitchen, Study, Bedroom 6
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1059
  • Living Area Sq Ft: 1059
  • Price Per Sq Ft: 410.76
  • Above Grade Finished Sq Ft: 1059
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 305

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
  • Construction Materials: Combination, Brick
  • 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
  • Parking Space Number Assigned: 18

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Main Entrance Lock, Sprinkler System - Indoor, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 341.61
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Club House, Common Grounds, Elevator, Fitness Center, Party Room, Pool - Outdoor, Reserved/Assigned Parking, Community Center, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Management, Insurance, Parking Fee, Pool(s), Recreation Facility, Reserve Funds, Road Maintenance, Sewer, Snow Removal, Trash, Water
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA Condo Co-Op Rules: Alterations/Architectural Changes, Pets - Allowed
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: ALEXANDRIA CITY PUBLIC SCHOOLS
  • Elementary School: CALL SCHOOL BOARD
  • Middle School: CALL SCHOOL BOARD
  • High School: CALL SCHOOL BOARD
  • School District Key: 121139111593
  • Elementary School: CALL SCHOOL BOARD
  • High School: CALL SCHOOL BOARD
  • Middle Or Junior School: CALL SCHOOL BOARD

Lot Info

  • Improvement Assessed Value: 258011.00
  • Land Assessed Value: 173671.00
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Year Assessed: 2016
  • Zoning: CRMU/L
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4631.95
  • Assessor Parcel Number: 50661720
  • Tax Total Finished Sq Ft: 1059
  • Tax Year: 2016
  • Close Date: 11/14/2016

MLS Schools

  • School District Name: ALEXANDRIA CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2016
Closed on
Nov 10, 2016
Sold by
Kinney Erik Russell
Bought by
Hildebrand Leigh G
Seller's Agent
Meg Ross
KW Metro Center
Buyer's Agent
Madeline Caporiccio
Promax Management, Inc.
List Price
$435,000
Sold Price
$435,000
Current Estimated Value
$592,806

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,806
Avg. Annual Appreciation
3.81%
Original Mortgage
$413,250
Outstanding Balance
$334,428
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$269,653

Purchase Details

Listed on
Feb 25, 2016
Closed on
Mar 30, 2016
Sold by
Ainsworth Carolyn A
Bought by
Kinney Erik Russell
Seller's Agent
Richard Ragan
Long & Foster Real Estate, Inc.
Buyer's Agent
Meg Ross
KW Metro Center
List Price
$430,000
Sold Price
$430,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.88%
Original Mortgage
$100,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 23, 2006
Sold by
Bell Thaura D
Bought by
Ainsworth Carolyn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
6.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2002
Sold by
Thor Carl G
Bought by
Bell Thaura D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,500
Interest Rate
6.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 24, 1999
Sold by
Pulte Home Corp
Bought by
Thor Carl G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
8.1%
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
Hildebrand Leigh G $435,000 Pruitt Title Llc
Kinney Erik Russell $430,000 Cobalt Settlements Llc
Ainsworth Carolyn A $420,000 --
Bell Thaura D $267,500 --
Thor Carl G $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hildebrand Leigh G $413,250
Previous Owner Kinney Erik Russell $100,000
Previous Owner Ainsworth Carolyn A $312,000
Previous Owner Ainsworth Carolyn A $321,957
Previous Owner Ainsworth Carolyn A $336,000
Previous Owner Bell Thaura D $344,000
Previous Owner Bell Thaura D $267,500
Previous Owner Thor Carl G $156,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2016 11/14/16 Sold $435,000 0.0% $411 / Sq Ft
10/04/2016 10/04/16 Pending -- -- --
09/28/2016 09/28/16 For Sale $435,000 +1.2% $411 / Sq Ft
03/31/2016 03/31/16 Sold $430,000 0.0% $406 / Sq Ft
03/01/2016 03/01/16 Pending -- -- --
02/25/2016 02/25/16 For Sale $430,000 -- $406 / 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 $6,301 $585,660 $236,954 $348,706
2024 $6,301 $547,345 $221,452 $325,893
2023 $6,076 $547,345 $221,452 $325,893
2022 $5,956 $536,613 $217,110 $319,503
2021 $5,673 $511,060 $206,772 $304,288
2020 $5,284 $473,204 $191,455 $281,749
2019 $5,142 $455,004 $184,092 $270,912
2018 $4,878 $431,682 $173,671 $258,011
2017 $4,878 $431,682 $173,671 $258,011
2016 $4,632 $431,682 $173,671 $258,011
2015 $4,287 $410,980 $165,401 $245,579
2014 $4,059 $389,203 $157,525 $231,678
Source: Public Records

Agents Affiliated with this Home

  • Meg Ross

    Seller's Agent in 2016

    Meg Ross

    KW Metro Center

    (703) 447-0970

    1 in this area

    51 Total Sales

    Meg Ross
    Section Image
  • Richard Ragan

    Seller's Agent in 2016

    Richard Ragan

    Long & Foster

    (703) 307-5891

    2 in this area

    48 Total Sales

    Richard Ragan
    Section Image
  • Madeline Caporiccio

    Buyer's Agent in 2016

    Madeline Caporiccio

    Promax Management, Inc.

    (703) 898-0032

    11 Total Sales

    Madeline Caporiccio
    Section Image
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About Old Towne Village Condos

Map

Source: Bright MLS

MLS Number: 1000521457

Bright MLS

APN: 074.03-0B-18

Virginia Alexandria County Alexandria 22314 Old Town

305 S Payne St Unit 502, Alexandria, VA

This home is located at 305 S Payne St Unit 502, Alexandria, VA 22314 since 28 September 2016 and is currently estimated at $592,806, approximately $559 per square foot. This property was built in 1997. 305 S Payne St Unit 502 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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