NOT LISTED FOR SALE

Old Towne Village Condos 305 S Payne St Unit 505 Alexandria, VA 22314

Old Town Neighborhood

Estimated Value: $793,000 - $857,000

3 Beds
2 Baths
1,657 Sq Ft
$526/mo HOA Fee

Last Sold June 08, 2012

Last sale price $525,000 $317 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $5,722/month

5 Days on Market

Highlights

  • Fitness Center
  • Contemporary Architecture
  • Loft
  • Open Floorplan
  • Vaulted Ceiling
  • 1 Fireplace

About This Home

As of June 2012

CHARMING 2 LVL/LOFT CONDO WALK DIST TO KING ST METRO, WHOLE FOODS, SHOPS! SUNSET VIEWS OF MASONIC TEMPLE*FOYER OPENS TO SPIRAL STAIRCASE UP TO LOFT W/MURPHY BED/ROOM FOR OFFICE*COZY BRICK GAS FIREPLC*UPDATED KIT W/STAINLESS APPLS & CORIAN CTRS*OPEN ITALIAN MSTR SHOWER*FULL SZ FRNT LD WASHER&DRYER*TOT LOT/SWIM POOL

Last Agent to Sell the Property

Margaret Cresent

Samson Properties License #0225171020 Listed on: 05/03/2012

Samson Properties

Last Buyer's Agent

Stan Kaszuba

Long & Foster Real Estate, Inc. License #0225160191

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,153

Year Built

  • Built in 1997

Lot Details

  • Property is in very good condition

HOA Fees

  • $526 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Vinyl Siding

Interior Spaces

  • 1,657 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Window Treatments
  • Living Room
  • Dining Room
  • Den
  • Loft

Kitchen

  • Gas Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Front Loading Dryer
  • Front Loading Washer

Parking

  • Parking Space Number Location: 10
  • 1 Assigned Parking Space

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 50661750

Community Details

Overview

  • Moving Fees Required
  • Association fees include lawn maintenance, management, insurance, snow removal, trash, water, security gate
  • Mid-Rise Condominium
  • Old Town Village Subdivision, Gorgeous Modified Landon Floorplan
  • Old Town Village Community
  • The community has rules related to moving in times, parking rules

Amenities

  • Common Area
  • Community Center

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,153

Year Built

Built in 1997

Lot Details

0

HOA Fees

$526 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1997
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Dryer - Front Loading, Exhaust Fan, Icemaker, Microwave, Oven/Range - Gas, Refrigerator, Washer, Washer - Front Loading
  • Interior Amenities: Dining Area, Window Treatments, Floor Plan - Open
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Vaulted Ceilings
  • Entry Location: Top Floor
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 1, Study, Loft
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1657
  • Living Area Sq Ft: 1657
  • Price Per Sq Ft: 316.84
  • Above Grade Finished Sq Ft: 1657
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 305

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Vinyl Siding
  • Construction Completed: 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: 10

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 526.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Community Center, Exercise Room, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Lawn Maintenance, Management, Insurance, Snow Removal, Trash, Water, Security Gate
  • HOA Condo Co-Op Rules: Moving Fees Required, Moving In Times, Parking, Pets - Allowed
  • HOA: No

Lot Info

  • Property Condition: Very Good
  • Year Assessed: 2011
  • Zoning: CRMU/L
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5153.17
  • Assessor Parcel Number: 50661750
  • Tax Total Finished Sq Ft: 1657
  • Tax Year: 2011
  • Close Date: 06/08/2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2012
Closed on
Jun 8, 2012
Sold by
Vogel Victor G
Bought by
Lagan Timothy E
Seller's Agent
Margaret Cresent
Samson Properties
Buyer's Agent
Stan Kaszuba
Long & Foster Real Estate, Inc.
List Price
$525,000
Sold Price
$525,000
Current Estimated Value
$822,585

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$297,585
Avg. Annual Appreciation
3.47%
Original Mortgage
$472,500
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2007
Sold by
Yadao Melissa
Bought by
Vogel Victor G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$466,400
Interest Rate
6.18%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Lagan Timothy E $525,000 --
Vogel Victor G $583,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Legan Timothy E $405,000
Closed Lagan Timothy E $472,500
Previous Owner Vogel Victor G $466,400
Previous Owner Yadao Melissa A $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2012 06/08/12 Sold $525,000 0.0% $317 / Sq Ft
05/08/2012 05/08/12 Pending -- -- --
05/03/2012 05/03/12 For Sale $525,000 -- $317 / 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 $8,568 $799,349 $236,954 $562,395
2024 $8,568 $747,055 $221,452 $525,603
2023 $8,292 $747,055 $221,452 $525,603
2022 $8,130 $732,407 $217,110 $515,297
2021 $7,743 $697,531 $206,772 $490,759
2020 $7,197 $645,861 $191,455 $454,406
2019 $7,018 $621,021 $184,092 $436,929
2018 $6,665 $589,794 $173,671 $416,123
2017 $6,665 $589,794 $173,671 $416,123
2016 $6,328 $589,794 $173,671 $416,123
2015 $5,856 $561,473 $165,401 $396,072
2014 $5,540 $531,178 $157,525 $373,653
Source: Public Records

Agents Affiliated with this Home

  • Margaret Cresent

    Seller's Agent in 2012

    Margaret Cresent

    Samson Properties

    (703) 244-2138

    16 Total Sales

    Margaret Cresent
    Section Image
  • Stan Kaszuba

    Buyer's Agent in 2012

    Stan Kaszuba

    Long & Foster

    (703) 624-7838

    96 Total Sales

    Stan Kaszuba
    Section Image
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About Old Towne Village Condos

Map

Source: Bright MLS

MLS Number: 1003972556

Bright MLS

APN: 074.03-0B-21

Virginia Alexandria County Alexandria 22314 Old Town

305 S Payne St Unit 505, Alexandria, VA

This home is located at 305 S Payne St Unit 505, Alexandria, VA 22314 since 03 May 2012 and is currently estimated at $822,585, approximately $496 per square foot. This property was built in 1997. 305 S Payne St Unit 505 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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