NOT LISTED FOR SALE

425 S Payne St Alexandria, VA 22314

Old Town Neighborhood

Estimated Value: $1,474,906 - $1,677,000

3 Beds
4.5 Baths
2,494 Sq Ft
$632/Sq Ft Est. Value

Last Sold April 28, 2017

Last sale price $1,240,000 $497 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $10,156/month

213 Days on Market

Highlights

  • Newly Remodeled
  • Open Floorplan
  • 2 Car Attached Garage
  • Gourmet Kitchen
  • Contemporary Architecture
  • Cooling Available

About This Home

As of April 2017

Majesty West, an enclave of 3 bedroom, 4 lvl contemp., 2 car gar. TH's in Old Town Alex. Hdwd flrs t-out, white carrera marble tops with waterfall island, GE Monogram prof apps, 12x24 c-tile baths and designer lighting. Spectacular 4th level "loft" with wet bar and 2 outdr terraces. Walk to M & Whole Foods. Model Home for sale. Investment opportunity with amazing $8200 Leaseback

Last Agent to Sell the Property

Joe Petrone

Monument Sotheby's International Realty Listed on: 08/31/2016

Monument Sotheby's International Realty

Last Buyer's Agent

Brian Blackburn

TTR Sothebys International Realty

TTR Sothebys International Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $15,758

Year Built

  • Built in 2016 | Newly Remodeled

Lot Details

  • 1,176 Sq Ft Lot
  • Two or More Common Walls
  • Property is in very good condition

HOA Fees

  • $180 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,494 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Gourmet Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4.5 Bathrooms

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Construction
  • Energy-Efficient HVAC
  • ENERGY STAR Qualified Equipment for Heating

Schools

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

Utilities

  • Cooling Available
  • Heating Available
  • Natural Gas Water Heater

Community Details

  • Built by MI HOMES
  • Majesty West Subdivision

Listing and Financial Details

  • Tax Lot 17

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$15,758

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0

HOA Fees

$180 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: Yes
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Year Built: 2016
  • Remarks Public: Majesty West, an enclave of 3 bedroom, 4 lvl contemp., 2 car gar. TH's in Old Town Alex. Hdwd flrs t-out, white carrera marble tops with waterfall island, GE Monogram prof apps, 12x24 c-tile baths and designer lighting. Spectacular 4th level "loft" with wet bar and 2 outdr terraces. Walk to M & Whole Foods. Model Home for sale. Investment opportunity with amazing $8200 Leaseback
  • Special Features: NewHome
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Kitchen - Gourmet, Floor Plan - Open
  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Entry Location: Foyer
  • Levels Count: 3+
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 2494
  • Living Area Sq Ft: 2494
  • Price Per Sq Ft: 511.23
  • Above Grade Finished Sq Ft: 2494
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 425

Beds/Baths

  • Bedrooms: 3
  • Lower Level Bedroom: 1
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Upper Level 2 Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Upper Level 2 Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half 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

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Energy Star Cooling System
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Energy Star Heating System
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 180.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

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

Green Features

  • Efficiency: Appliances, Construction, Hvac

Lot Info

  • Lot Size Acres: 0.03
  • Lot Size Area: 1176
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1176.00
  • Property Attached Yn: Yes
  • Property Condition: Very Good

Building Info

  • Builder Name: MI HOMES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: XX
  • Tax Lot: 17
  • Close Date: 04/28/2017

MLS Schools

  • School District Name: ALEXANDRIA CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2020
Sold by
Janczewski Mark G and Janczewski Monica V
Bought by
Janczewski Mark G and Janczewski Monica V
Current Estimated Value
$1,589,935

Purchase Details

Listed on
Aug 31, 2016
Closed on
Apr 28, 2017
Sold by
M/I Homes Of Dc Llc A Delaware Limited L
Bought by
Janczewski Mark G and Janczewski Monica V
Seller's Agent
Joe Petrone
Monument Sotheby's International Realty
Buyer's Agent
Brian Blackburn
TTR Sothebys International Realty
List Price
$1,275,000
Sold Price
$1,240,000
Premium/Discount to List
-$35,000
-2.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.92%
Original Mortgage
$400,000
Interest Rate
4.3%
Mortgage Type
Commercial
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
Janczewski Mark G -- None Available
Janczewski Mark G $1,240,000 Potomac Settlement Svcs Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Janczewski Mark G $750,000
Closed Janczewski Mark G $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2017 04/28/17 Sold $1,240,000 -2.7% $497 / Sq Ft
04/01/2017 04/01/17 Pending -- -- --
08/31/2016 08/31/16 For Sale $1,275,000 -- $511 / 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 $15,758 $1,492,042 $689,724 $802,318
2024 $15,758 $1,332,617 $615,825 $716,792
2023 $14,792 $1,332,617 $615,825 $716,792
2022 $14,857 $1,338,444 $615,825 $722,619
2021 $14,586 $1,314,052 $603,750 $710,302
2020 $13,224 $1,140,869 $525,000 $615,869
2019 $13,439 $1,189,325 $525,000 $664,325
2018 $13,439 $1,189,325 $525,000 $664,325
2017 $12,744 $1,127,827 $500,000 $627,827
2016 $4,292 $400,000 $400,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Joe Petrone

    Seller's Agent in 2017

    Joe Petrone

    Monument Sotheby's International Realty

    (240) 274-1219

    2 in this area

    1,383 Total Sales

    Section Image
  • Brian Blackburn

    Buyer's Agent in 2017

    Brian Blackburn

    TTR Sotheby's International Realty

    (703) 447-3085

    1 in this area

    70 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: 1000520427

Bright MLS

APN: 074.03-07-27

Virginia Alexandria County Alexandria 22314 Old Town

425 S Payne St, Alexandria, VA

This home is located at 425 S Payne St, Alexandria, VA 22314 since 31 August 2016 and is currently estimated at $1,575,477, approximately $631 per square foot. This property was built in 2016. 425 S Payne St 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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