NOT LISTED FOR SALE

481 N Armistead St Unit 102 Alexandria, VA 22312

Lincolnia Hills Neighborhood

Estimated Value: $228,000 - $244,000

2 Beds
1 Bath
1,005 Sq Ft
$508/mo HOA Fee

Last Sold February 22, 2016

Last sale price $138,000 $137 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $2,014/month

51 Days on Market

Highlights

  • Open Floorplan
  • Community Pool
  • Community Playground
  • Traditional Architecture
  • Breakfast Area or Nook
  • Forced Air Heating and Cooling System

About This Home

As of February 2016

VACANT 2 BR/1 BA UPDATED CONDO**NEUTRAL DECOR AND GOOD SIZED BEDROOMS** **PRIVATE BALCONY ** RESERVED PARKING, GREAT LOCATION**CONDO FEE INCLUDES ALL UTILITIES**)** CLOSE TO MAJOR HIGHWAYS & DC. FHA APPROVED. NEW CARPET AND KITCHEN COUNTER TOP BEING INSTALLED THIS WEEK.

Last Agent to Sell the Property

Christian Dunne

Samson Properties Listed on: 12/15/2015

Last Buyer's Agent

Ana Quinteros

Spring Hill Real Estate, LLC.

Spring Hill Real Estate, LLC.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,707

Year Built

  • Built in 1967

Lot Details

  • Property is in very good condition

HOA Fees

  • $508 Monthly HOA Fees

Parking

  • 1 Assigned Parking Space

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,005 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Breakfast Area or Nook

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 50367560

Community Details

Overview

  • Association fees include common area maintenance, air conditioning, electricity, gas, heat, insurance, management, parking fee, water
  • Low-Rise Condominium
  • Saxony Square Community
  • Saxony Square Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Community Playground
  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,707

Year Built

Built in 1967

Lot Details

0

HOA Fees

$508 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Year Built: 1967
  • Remarks Public: VACANT 2 BR/1 BA UPDATED CONDO**NEUTRAL DECOR AND GOOD SIZED BEDROOMS** **PRIVATE BALCONY ** RESERVED PARKING, GREAT LOCATION**CONDO FEE INCLUDES ALL UTILITIES**)** CLOSE TO MAJOR HIGHWAYS & DC. FHA APPROVED. NEW CARPET AND KITCHEN COUNTER TOP BEING INSTALLED THIS WEEK.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Breakfast Area, Floor Plan - Open
  • Fireplace: No
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Common
  • Living Area Units: Square Feet
  • Total Sq Ft: 1005
  • Living Area Sq Ft: 1005
  • Price Per Sq Ft: 145.27
  • Above Grade Finished Sq Ft: 1005
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 481

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: 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

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • 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: 508.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Air Conditioning, Electricity, Gas, Heat, Insurance, Management, Parking Fee, Water
  • HOA Condo Co-Op Rules: Pets - Allowed
  • HOA: No
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 113894.00
  • Land Assessed Value: 49746.00
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Year Assessed: 2015
  • Zoning: RA
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1706.77
  • Assessor Parcel Number: 50367560
  • Tax Total Finished Sq Ft: 1005
  • Tax Year: 2015
  • Close Date: 02/22/2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 2018
Sold by
Bedregal Morocho William Maximo
Bought by
Cabrera-Paredes Tomas E and Paredes Angeles Liszt R
Current Estimated Value
$238,369

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,400
Outstanding Balance
$126,703
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$111,666

Purchase Details

Listed on
Dec 15, 2015
Closed on
Feb 22, 2016
Sold by
Gomes William
Bought by
Bedregal Morocho William Maximo
Seller's Agent
Christian Dunne
Samson Properties
Buyer's Agent
Ana Quinteros
Spring Hill Real Estate, LLC.
List Price
$154,000
Sold Price
$138,000
Premium/Discount to List
-$16,000
-10.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.91%

Purchase Details

Closed on
Jan 3, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Gomes William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,250
Interest Rate
4.83%
Mortgage Type
VA

Purchase Details

Closed on
Aug 27, 2010
Sold by
Samuel I White Pc Sub Tr
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Dec 5, 2003
Sold by
Portillo Carlos A
Bought by
Farson Otabil K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,900
Interest Rate
6.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 26, 2000
Sold by
Dennis Robert H
Bought by
Gallndo Juan C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,515
Interest Rate
8.59%

Purchase Details

Closed on
Mar 14, 1995
Sold by
Sec Of Vet
Bought by
Dennis Robert H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,100
Interest Rate
9.09%

Purchase Details

Closed on
Nov 17, 1993
Sold by
Webb Ca
Bought by
Sec Vet Affr
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
Cabrera-Paredes Tomas E $152,000 None Available
Bedregal Morocho William Maximo $138,000 Jdm Title Llc
Gomes William $75,000 --
Federal Home Loan Mortgage Corporation $147,000 --
Farson Otabil K $141,000 --
Gallndo Juan C $66,000 --
Dennis Robert H $58,100 --
Sec Vet Affr $64,809 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cabrera-Paredes Tomas E $144,400
Previous Owner Gomes William $56,250
Previous Owner Forson Otabilk $13,250
Previous Owner Forson Otabil K $212,000
Previous Owner Forson Otabil K $209,000
Previous Owner Sec Vet Affr $126,900
Previous Owner Gallndo Juan C $64,515
Previous Owner Sec Vet Affr $57,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2016 02/22/16 Sold $138,000 -5.5% $137 / Sq Ft
02/04/2016 02/04/16 Pending -- -- --
01/15/2016 01/15/16 Price Changed $145,999 -2.7% $145 / Sq Ft
12/31/2015 12/31/15 Price Changed $149,999 -2.6% $149 / Sq Ft
12/15/2015 12/15/15 For Sale $154,000 -- $153 / 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 $2,491 $230,490 $73,629 $156,861
2024 $2,491 $211,707 $68,065 $143,642
2023 $2,266 $204,188 $66,731 $137,457
2022 $2,222 $200,183 $65,422 $134,761
2021 $2,222 $200,183 $65,422 $134,761
2020 $2,039 $185,355 $60,576 $124,779
2019 $1,904 $168,505 $55,069 $113,436
2018 $1,840 $162,807 $53,207 $109,600
2017 $1,719 $152,156 $49,726 $102,430
2016 $1,791 $166,913 $50,741 $116,172
2015 $1,707 $163,640 $49,746 $113,894
2014 $1,365 $130,868 $43,257 $87,611
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000501703

Bright MLS

APN: 037.02-0F-481.102