NOT LISTED FOR SALE

306 Commonwealth Ave Unit 1 Alexandria, VA 22301

Rosemont Neighborhood

Estimated Value: $431,000 - $529,000

2 Beds
1 Bath
740 Sq Ft
$384/mo HOA Fee

Last Sold March 07, 2017

Last sale price $339,000 $458 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $3,290/month

29 Days on Market

Highlights

  • Open Floorplan
  • Main Floor Bedroom
  • Living Room
  • Colonial Architecture
  • Breakfast Area or Nook
  • 4-minute walk to Hooffs Run Park and Greenway

About This Home

As of March 2017

Wonderfully situated two bedroom, one bath condo with a lovely screened in porch, parking and extra storage located in the Rosemont neighborhood. Nestled in between Old Town and Del Ray and two metro stops -- this unit is all about lifestyle at a reasonable price point. Waiting for a clever investor or a first-time buyer to snatch it up and make it their own. Second bed makes a generous office!

Last Agent to Sell the Property

Teddi Segal

Honey House Listed on: 12/20/2016

Last Buyer's Agent

Teddi Segal

Honey House Listed on: 12/20/2016

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,576

Year Built

  • Built in 1940

Lot Details

  • 8,886

HOA Fees

  • $384 Monthly HOA Fees

Parking

  • 1 Assigned Parking Space

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 740 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Window Treatments
  • Living Room
  • Combination Kitchen and Dining Room
  • Storage Room

Kitchen

  • Breakfast Area or Nook
  • Gas Oven or Range
  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Laundry

  • Front Loading Dryer
  • Front Loading Washer

Schools

  • Naomi L. Brooks Elementary School
  • George Washington Middle School
  • Alexandria City High School

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 50714990

Community Details

Overview

  • Application Fee Required
  • Association fees include exterior building maintenance, management
  • Low-Rise Condominium
  • Rosemont Community
  • Rosemont Subdivision

Amenities

  • Community Storage Space

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,576

Year Built

Built in 1940

Lot Details

0

HOA Fees

$384 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Colonial
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2016-12-21
  • Year Built: 1940
  • Remarks Public: Wonderfully situated two bedroom, one bath condo with a lovely screened in porch, parking and extra storage located in the Rosemont neighborhood. Nestled in between Old Town and Del Ray and two metro stops -- this unit is all about lifestyle at a reasonable price point. Waiting for a clever investor or a first-time buyer to snatch it up and make it their own. Second bed makes a generous office!
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Microwave, Oven/Range - Gas, Stove, Refrigerator, Washer - Front Loading, Dryer - Front Loading
  • Interior Amenities: Breakfast Area, Combination Kitchen/Dining, Entry Level Bedroom, Window Treatments, Floor Plan - Open
  • Fireplace: No
  • Entry Location: 1st Floor
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Storage Room
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 740
  • Living Area Sq Ft: 740
  • Price Per Sq Ft: 471.62
  • Above Grade Finished Sq Ft: 740
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 306

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Pool Private: No
  • 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

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 384.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Storage Bin
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Management
  • HOA Condo Co-Op Rules: Pets - Allowed, Application Fee Required
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: ALEXANDRIA CITY PUBLIC SCHOOLS
  • Elementary School: NAOMI L. BROOKS
  • Middle School: GEORGE WASHINGTON
  • High School: ALEXANDRIA CITY
  • School District Key: 121139111593
  • Elementary School: NAOMI L. BROOKS
  • High School: ALEXANDRIA CITY
  • Middle Or Junior School: GEORGE WASHINGTON

Green Features

  • Green Verification: No

Lot Info

  • Property Attached Yn: Yes
  • Year Assessed: 2016
  • Zoning: RA
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3575.90
  • Assessor Parcel Number: 50714990
  • Tax Total Finished Sq Ft: 724
  • Tax Year: 2016
  • Close Date: 03/07/2017

MLS Schools

  • School District Name: ALEXANDRIA CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2016
Closed on
Mar 7, 2017
Sold by
Power Rhett S and Mckay Julie P
Bought by
Smith James B and Smith Marguerite G
Seller's Agent
Teddi Segal
Honey House
Buyer's Agent
Teddi Segal
Honey House
List Price
$349,000
Sold Price
$339,000
Premium/Discount to List
-$10,000
-2.87%
Current Estimated Value
$460,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,078
Avg. Annual Appreciation
3.84%
Original Mortgage
$254,250
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2005
Sold by
Rosemont Condominiums
Bought by
Power Rhett S and Mckay Julie P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,400
Interest Rate
5.73%
Mortgage Type
New Conventional
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
Smith James B $339,000 Universal Title
Power Rhett S $383,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Jennifer E $245,550
Closed Smith James B $254,250
Previous Owner Power Rhett S $306,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2017 03/07/17 Sold $339,000 -2.9% $458 / Sq Ft
01/19/2017 01/19/17 Pending -- -- --
12/20/2016 12/20/16 For Sale $349,000 0.0% $472 / Sq Ft
11/17/2014 11/17/14 Rented $1,875 -6.0% --
11/13/2014 11/13/14 Under Contract -- -- --
09/29/2014 09/29/14 For Rent $1,995 0.0% --
06/29/2013 06/29/13 Rented $1,995 0.0% --
06/27/2013 06/27/13 Under Contract -- -- --
06/18/2013 06/18/13 For Rent $1,995 0.0% --
06/29/2012 06/29/12 Rented $1,995 0.0% --
06/23/2012 06/23/12 Under Contract -- -- --
06/06/2012 06/06/12 For Rent $1,995 -- --
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 $4,381 $378,154 $176,211 $201,943
2024 $4,381 $378,154 $176,211 $201,943
2023 $4,198 $378,154 $176,211 $201,943
2022 $4,104 $369,763 $167,820 $201,943
2021 $4,104 $369,763 $167,820 $201,943
2020 $4,011 $369,763 $167,820 $201,943
2019 $3,766 $333,262 $152,564 $180,698
2018 $3,766 $333,262 $152,564 $180,698
2017 $3,766 $333,262 $152,564 $180,698
2016 $3,576 $333,262 $152,564 $180,698
2015 $3,476 $333,262 $152,564 $180,698
2014 $3,476 $333,262 $152,564 $180,698
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000526099

Bright MLS

APN: 063.02-0A-306.1