NOT LISTED FOR SALE

493 N Armistead St Unit 302 Alexandria, VA 22312

Lincolnia Hills Neighborhood

Estimated Value: $236,000 - $268,000

2 Beds
1 Bath
1,005 Sq Ft
$588/mo HOA Fee

Last Sold June 02, 2021

Last sale price $199,858 $199 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $2,212/month

172 Days on Market

Highlights

  • Colonial Architecture
  • Community Playground
  • Forced Air Heating and Cooling System
  • Community Pool

About This Home

As of June 2021

*********NO INVESTORS********This is a restricted resale unit offered through the Alexandria Neighborhood Stabilization Program. The purchaser may be eligible for UP TO $70,000 in 0% interest purchase assistance available from the City and UP TO $4000 seller subsidy. Purchaser must live or work in the City of Alexandria, be a first-time homebuyer, SEE DOCUMENTS FOR INCOME RESTRICTIONS. Beautifully updated! DO NOT MISS THIS OPPORTUNITY!!! THIS UNIT IS RENOVATED AND PRICED OVER $20,000 BELOW OTHER 2 BEDROOMS IN THIS DEVELOPMENT! ALSO, DOWN PAYMENT ASSISTANCE ELIGIBILITY $20,000 ABOVE NORMALLY ALLOWED!

Last Agent to Sell the Property

Jennifer Walker

Corcoran McEnearney Listed on: 10/05/2020

Corcoran McEnearney

Last Buyer's Agent

Kathleen Eder

Compass License #AB98357867

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,262

Year Built

  • Built in 1967

Lot Details

  • 1,002

HOA Fees

  • $588 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Masonry

Interior Spaces

  • 1,005 Sq Ft Home
  • Property has 3 Levels

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • Assigned parking located at #173
  • 1 Assigned Parking Space

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

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 037.02-0F-493.302

Community Details

Overview

  • Association fees include common area maintenance, electricity, gas, sewer, trash, water
  • Low-Rise Condominium
  • Saxony Square Condos
  • Saxony Square Community
  • Saxony Square Subdivision

Recreation

  • Community Playground
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,262

Year Built

Built in 1967

Lot Details

0

HOA Fees

$588 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Colonial
  • Ownership: Condominium
  • Home Warranty: Yes
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1967
  • Assigned Parking Space Numbers: 173
  • Automatically Close On Close Date: No
  • Remarks Public: *********NO INVESTORS********This is a restricted resale unit offered through the Alexandria Neighborhood Stabilization Program. The purchaser may be eligible for UP TO $70,000 in 0% interest purchase assistance available from the City and UP TO $4000 seller subsidy. Purchaser must live or work in the City of Alexandria, be a first-time homebuyer, SEE DOCUMENTS FOR INCOME RESTRICTIONS. Beautifully updated! DO NOT MISS THIS OPPORTUNITY!!! THIS UNIT IS RENOVATED AND PRICED OVER $20,000 BELOW OTHER 2 BEDROOMS IN THIS DEVELOPMENT! ALSO, DOWN PAYMENT ASSISTANCE ELIGIBILITY $20,000 ABOVE NORMALLY ALLOWED!
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Refrigerator, Stove
  • Entry Floor: 3
  • Levels Count: 3
  • Basement: No
  • Total Sq Ft: 1005
  • Living Area Sq Ft: 1005
  • Price Per Sq Ft: 197.44
  • Above Grade Finished Sq Ft: 1005
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 493

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, Below Grade
  • Construction Materials: Masonry
  • 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
  • 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: 588.05
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Saxony Square
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Swimming Pool, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Electricity, Gas, Sewer, Trash, Water
  • HOA: No
  • Senior Community: No

Schools

  • School District: ALEXANDRIA CITY PUBLIC SCHOOLS
  • Elementary School: WILLIAM RAMSAY
  • Middle School: FRANCIS C HAMMOND
  • High School: ALEXANDRIA CITY
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121139111593
  • School District Source: Listing Agent
  • 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: 134761.00
  • Land Assessed Value: 65422.00
  • Land Use Code: 014
  • Year Assessed: 2021
  • Zoning: RA
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 18288143
  • Tax Annual Amount: 2262.00
  • Assessor Parcel Number: 037.02-0F-493.302
  • Tax Total Finished Sq Ft: 1005
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 06/02/2021

MLS Schools

  • School District Name: ALEXANDRIA CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2020
Closed on
May 4, 2021
Sold by
Alexandria Rebuilding Together Dc
Bought by
Delgado Diego Fernando
Seller's Agent
Jennifer Walker
Corcoran McEnearney
Buyer's Agent
Kathleen Eder
Compass
List Price
$203,427
Sold Price
$199,859
Premium/Discount to List
-$3,568
-1.75%
Current Estimated Value
$260,548

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,689
Avg. Annual Appreciation
4.97%
Original Mortgage
$100,000
Outstanding Balance
$90,999
Interest Rate
2.95%
Mortgage Type
New Conventional
Estimated Equity
$153,897

Purchase Details

Listed on
May 29, 2020
Closed on
Aug 11, 2020
Sold by
Huang Mingmei
Bought by
Alexandria Rebuilding Together Dc
Seller's Agent
Shulin Zheng
DMV Landmark Realty, LLC
Buyer's Agent
Jennifer Walker
Corcoran McEnearney
List Price
$205,000
Sold Price
$197,000
Premium/Discount to List
-$8,000
-3.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.79%

Purchase Details

Listed on
Jul 11, 2016
Closed on
Aug 23, 2016
Sold by
Hyesun Hugh
Bought by
Huang Ming Wei
Seller's Agent
Andy Kim
NBI Realty LLC
Buyer's Agent
Chih Huang
RE/MAX Allegiance
List Price
$159,900
Sold Price
$155,000
Premium/Discount to List
-$4,900
-3.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.23%

Purchase Details

Closed on
Mar 30, 2011
Sold by
Flores Julio G
Bought by
Hugh Yong

Purchase Details

Closed on
Apr 1, 2005
Sold by
Gracias Maria E
Bought by
Flores Julio G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
6.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 1996
Sold by
Fulton Gregory T
Bought by
Rodriguez Ayala Jorge A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,550
Interest Rate
7.34%
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
Delgado Diego Fernando $199,858 Monument Title Company
Alexandria Rebuilding Together Dc $197,000 Monument Title Company
Huang Ming Wei $155,000 Attorney
Hugh Yong $78,000 --
Flores Julio G $230,000 --
Rodriguez Ayala Jorge A $63,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Delgado Diego Fernando $100,000
Closed Delgado Diego Fernando $50,000
Closed Delgado Diego Fernando $123,677
Previous Owner Flores Julio G $184,000
Previous Owner Rodriguez Ayala Jorge A $53,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2021 06/02/21 Sold $199,859 +0.7% $199 / Sq Ft
03/26/2021 03/26/21 Pending -- -- --
03/03/2021 03/03/21 Price Changed $198,427 -0.7% $197 / Sq Ft
01/26/2021 01/26/21 Price Changed $199,900 -1.7% $199 / Sq Ft
10/05/2020 10/05/20 For Sale $203,427 +3.3% $202 / Sq Ft
08/12/2020 08/12/20 Sold $197,000 -3.9% $196 / Sq Ft
08/01/2020 08/01/20 Pending -- -- --
07/24/2020 07/24/20 Price Changed $205,000 0.0% $204 / Sq Ft
07/24/2020 07/24/20 For Sale $205,000 -1.0% $204 / Sq Ft
06/21/2020 06/21/20 Pending -- -- --
05/29/2020 05/29/20 For Sale $207,000 +33.5% $206 / Sq Ft
08/23/2016 08/23/16 Sold $155,000 -3.1% $154 / Sq Ft
07/31/2016 07/31/16 Pending -- -- --
07/11/2016 07/11/16 For Sale $159,900 -- $159 / 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 $2,379 $196,448 $73,629 $122,819
2024 $2,379 $201,787 $68,065 $133,722
2023 $2,230 $200,920 $66,731 $134,189
2022 $2,221 $200,070 $65,422 $134,648
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

  • Jennifer Walker

    Seller's Agent in 2021

    Jennifer Walker

    McEnearney Associates

    (703) 675-1566

    6 in this area

    572 Total Sales

    Section Image
  • Kathleen Eder

    Buyer's Agent in 2021

    Kathleen Eder

    Compass

    (202) 302-4863

    1 in this area

    63 Total Sales

    Section Image
  • Shulin Zheng

    Seller's Agent in 2020

    Shulin Zheng

    DMV Landmark Realty, LLC

    (240) 676-7577

    2 in this area

    79 Total Sales

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  • Andy Kim

    Seller's Agent in 2016

    Andy Kim

    NBI Realty LLC

    (703) 625-2393

    127 Total Sales

    Section Image
  • Chih Huang

    Buyer's Agent in 2016

    Chih Huang

    RE/MAX

    (703) 971-5555

    29 Total Sales

    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: VAAX251846

Bright MLS

APN: 037.02-0F-493.302

Virginia Alexandria County Alexandria 22312 Lincolnia Hills

493 N Armistead St Unit 302, Alexandria, VA

This home is located at 493 N Armistead St Unit 302, Alexandria, VA 22312 since 05 October 2020 and is currently estimated at $244,896, approximately $243 per square foot. This property was built in 1967. 493 N Armistead St Unit 302 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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