NOT LISTED FOR SALE

481 N Armistead St Unit 303 Alexandria, VA 22312

Lincolnia Hills Neighborhood

Estimated Value: $282,000 - $308,000

3 Beds
1.5 Baths
1,182 Sq Ft
$709/mo HOA Fee

Last Sold May 20, 2022

Last sale price $245,000 $207 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,569/month

22 Days on Market

Highlights

  • Colonial Architecture
  • Balcony
  • Living Room
  • Community Pool
  • Galley Kitchen
  • Community Playground

About This Home

As of May 2022

Great Opportunity for investors or first time home buyers!
Top level condo unit in highly sought after Saxony Square! Open floor plan with over 1100 sq ft of living space drenched in natural light + extended balcony. Spacious kitchen features gas cooking. Excellent location, close to schools, short distance to shopping centers and minutes from Old Town Alexandria, Washington DC, Crystal City, Shirlington! Community features abundant green space, playground and outdoor pool! Condo fee includes ALL UTILITIES! Tenant occupied, 48 hours notice needed. Great opportunity for first time home buyers and investors!

Last Agent to Sell the Property

Regina Gahunia

Real Broker, LLC License #225072312 Listed on: 03/30/2022

Last Buyer's Agent

Claudia Cornejo

Samson Properties License #WVS240303369

Samson Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,660

Year Built

  • Built in 1967

Lot Details

  • 4,400

HOA Fees

  • $709 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Masonry

Interior Spaces

  • 1,182 Sq Ft Home
  • Property has 1 Level
  • Living Room
  • Dining Room

Kitchen

  • Galley Kitchen
  • Gas Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Parking

  • Parking Lot
  • 1 Assigned Parking Space

Outdoor Features

  • Balcony
  • Playground

Schools

  • William Ramsay Elementary School
  • Francis C Hammond Middle School
  • Alexandria City High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 481.303
  • Assessor Parcel Number 037.02-0F-481.303

Community Details

Overview

  • Association fees include air conditioning, common area maintenance, electricity, custodial services maintenance, exterior building maintenance, gas, heat, insurance, lawn maintenance, management, parking fee, pool(s), recreation facility, snow removal, trash, sewer, water
  • Low-Rise Condominium
  • Saxony Square Condos, Phone Number (703) 354-2211
  • Saxony Square Community
  • Saxony Square Subdivision
  • Property Manager

Amenities

  • Common Area

Recreation

  • Community Playground
  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,660

Year Built

Built in 1967

Lot Details

0

HOA Fees

$709 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: 2022-03-30
  • Federal Flood Zone: No
  • Year Built: 1967
  • Automatically Close On Close Date: No
  • Remarks Public: Great Opportunity for investors or first time home buyers! Top level condo unit in highly sought after Saxony Square! Open floor plan with over 1100 sq ft of living space drenched in natural light + extended balcony. Spacious kitchen features gas cooking. Excellent location, close to schools, short distance to shopping centers and minutes from Old Town Alexandria, Washington DC, Crystal City, Shirlington! Community features abundant green space, playground and outdoor pool! Condo fee includes ALL UTILITIES! Tenant occupied, 48 hours notice needed. Great opportunity for first time home buyers and investors!
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Oven/Range - Gas, Refrigerator, Washer
  • Entry Floor: 3
  • Flooring Type: Ceramic Tile, Carpet
  • Interior Amenities: Dining Area, Kitchen - Galley
  • Fireplace: No
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1, Full Bath
  • Basement: No
  • Total Sq Ft: 1182
  • Living Area Sq Ft: 1182
  • Price Per Sq Ft: 232.66
  • Above Grade Finished Sq Ft: 1182
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 481

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Exterior Features: Play Area
  • Spa: 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
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 709.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: SAXONY SQUARE
  • Condo Co-Op Phone: 7033542211
  • HOA Condo Co-Op Amenities: Common Grounds, Tot Lots/Playground, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Air Conditioning, Common Area Maintenance, Electricity, Custodial Services Maintenance, Ext Bldg Maint, Gas, Heat, Insurance, Lawn Maintenance, Management, Parking Fee, Pool(s), Recreation Facility, Snow Removal, Trash, Sewer, Water
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • School District: ALEXANDRIA CITY PUBLIC SCHOOLS
  • Elementary School: WILLIAM RAMSAY
  • Middle School: FRANCIS C HAMMOND
  • High School: ALEXANDRIA CITY
  • Elementary School Source: 3rd Party
  • High School Source: Listing Agent
  • Middle School Source: 3rd Party
  • School District Key: 121139111593
  • School District Source: 3rd Party
  • Elementary School: WILLIAM RAMSAY
  • High School: ALEXANDRIA CITY
  • Middle Or Junior School: FRANCIS C HAMMOND

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 157268.00
  • Land Assessed Value: 78143.00
  • Land Use Code: 014
  • Outdoor Living Structures: Balcony
  • Year Assessed: 2021
  • Zoning: RA
  • In City Limits: Yes

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 18288158
  • Tax Annual Amount: 2660.00
  • Assessor Parcel Number: 037.02-0F-481.303
  • Tax Lot: 481.303
  • Tax Page Number: 1923
  • Tax Year: 2021
  • Close Date: 05/20/2022

MLS Schools

  • School District Name: ALEXANDRIA CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2022
Closed on
May 20, 2022
Sold by
Gordeuk Alexander W and Gordeuk Sabina G
Bought by
Martinez Dennys E
Seller's Agent
Regina Gahunia
Real Broker, LLC
Buyer's Agent
Claudia Cornejo
Samson Properties
List Price
$295,000
Sold Price
$245,000
Premium/Discount to List
-$50,000
-16.95%
Current Estimated Value
$296,731

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,731
Avg. Annual Appreciation
6.03%
Original Mortgage
$240,562
Outstanding Balance
$229,182
Interest Rate
5.25%
Mortgage Type
FHA
Estimated Equity
$67,549

Purchase Details

Closed on
Apr 25, 2005
Sold by
Derder Malika
Bought by
Gordeuk Alexander

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
5.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 1997
Sold by
Zairi Said and Zairi Jenny
Bought by
Derder Malika
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
Martinez Dennys E $245,000 Atg Title
Gordeuk Alexander $270,000 --
Derder Malika $80,800 Heritage Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Dennys E $240,562
Previous Owner Gordeuk Alexandria W $27,000
Previous Owner Gordeuk Alexander $205,000
Previous Owner Gordeuk Alexander $202,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2022 05/20/22 Sold $245,000 -10.9% $207 / Sq Ft
04/21/2022 04/21/22 Pending -- -- --
04/06/2022 04/06/22 Price Changed $275,000 -6.8% $233 / Sq Ft
03/30/2022 03/30/22 For Sale $295,000 -- $250 / 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 $2,914 $299,903 $87,945 $211,958
2024 $2,914 $248,932 $81,300 $167,632
2023 $2,665 $240,120 $79,706 $160,414
2022 $2,613 $235,411 $78,143 $157,268
2021 $2,613 $235,411 $78,143 $157,268
2020 $2,390 $217,974 $72,355 $145,619
2019 $2,239 $198,158 $65,777 $132,381
2018 $2,163 $191,457 $63,553 $127,904
2017 $2,022 $178,931 $59,395 $119,536
2016 $1,920 $178,931 $59,395 $119,536
2015 $1,830 $175,424 $58,231 $117,193
2014 $1,468 $140,783 $50,635 $90,148
Source: Public Records

Agents Affiliated with this Home

  • Regina Gahunia

    Seller's Agent in 2022

    Regina Gahunia

    Real Broker, LLC

    (703) 598-6440

    1 in this area

    43 Total Sales

    Regina Gahunia
    Section Image
  • Claudia Cornejo

    Buyer's Agent in 2022

    Claudia Cornejo

    Samson Properties

    (703) 725-5856

    2 in this area

    436 Total Sales

    Claudia Cornejo
    Section Image
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Map

Source: Bright MLS

MLS Number: VAAX2010928

Bright MLS

APN: 037.02-0F-481.303

Virginia Alexandria County Alexandria 22312 Lincolnia Hills

481 N Armistead St Unit 303, Alexandria, VA

This home is located at 481 N Armistead St Unit 303, Alexandria, VA 22312 since 30 March 2022 and is currently estimated at $296,731, approximately $251 per square foot. This property was built in 1967. 481 N Armistead St Unit 303 is a home located in Alexandria City with nearby schools including William Ramsay Elementary School, Francis C. Hammond Middle, and Alexandria City High School.

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