NOT LISTED FOR SALE

501 N Armistead St Unit 301 Alexandria, VA 22312

Lincolnia Hills Neighborhood

Estimated Value: $292,502 - $316,000

3 Beds
2 Baths
1,182 Sq Ft
$691/mo HOA Fee

Last Sold August 25, 2020

Last sale price $240,000 $203 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,521/month

Highlights

  • Open Floorplan
  • Community Pool
  • Stainless Steel Appliances
  • Colonial Architecture
  • Breakfast Area or Nook
  • Balcony

About This Home

As of August 2020

***Video Tour http://properties.myhouselens.com/29380/501%20North%20Armistead%20Street,%20Alexandria,%20VA,%20USA%2022312/ *** ***Truly Amazing 3 bedrooms and 2 bathrooms. Ideal prime location close to major highways, walking distance to shopping centers and bus stops. Fully remolded with fresh NEW paint through out, NEW water proof modern flooring and NEW carpeting, Amazing kitchen with NEW granite counter tops with deep wide sink, NEW stainless steel appliances, High end gas cooking range with 5 burners, Remodeled bathrooms with new vanities and tile work, Walk in closets, Recess lights and balcony, CONDO FEE INCLUDES ALL UTILITIES, Awesome amenities and much more

Last Agent to Sell the Property

Waleed Abuzar

(703) 622-3213 waleed@theteamusa.com RE/MAX Galaxy License #0225268191 Listed on: 06/26/2020

RE/MAX Galaxy

Last Buyer's Agent

Sarah Reynolds

(703) 844-3425 info@empowerhome.com Keller Williams Realty License #0225174916

Keller Williams Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,463

Year Built

  • Built in 1967 | Remodeled in 2020

Lot Details

  • 1,176

HOA Fees

  • $691 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Entry on the 3rd floor
  • Brick Exterior Construction

Interior Spaces

  • 1,182 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Recessed Lighting
  • Double Pane Windows
  • Dining Area
  • Carpet
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Area or Nook
  • Gas Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Lot
  • Off-Street Parking
  • 2 Assigned Parking Spaces

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Balcony
  • Property is in excellent condition

Listing and Financial Details

  • Assessor Parcel Number 037.02-0F-501.301

Community Details

Overview

  • Association fees include air conditioning, common area maintenance, heat, laundry, parking fee, pool(s), recreation facility, reserve funds, road maintenance, sewer, snow removal, trash, water
  • Low-Rise Condominium
  • Saxony Square Community
  • Saxony Square Subdivision

Amenities

  • Common Area
  • Laundry Facilities

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,463

Year Built

Built in 1967 | Remodeled in 2020

Lot Details

0

HOA Fees

$691 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Colonial
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1967
  • Year Renovated: 2020
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: ***Video Tour http://properties.myhouselens.com/29380/501%20North%20Armistead%20Street,%20Alexandria,%20VA,%20USA%2022312/ *** ***Truly Amazing 3 bedrooms and 2 bathrooms. Ideal prime location close to major highways, walking distance to shopping centers and bus stops. Fully remolded with fresh NEW paint through out, NEW water proof modern flooring and NEW carpeting, Amazing kitchen with NEW granite counter tops with deep wide sink, NEW stainless steel appliances, High end gas cooking range with 5 burners, Remodeled bathrooms with new vanities and tile work, Walk in closets, Recess lights and balcony, CONDO FEE INCLUDES ALL UTILITIES, Awesome amenities and much more
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances
  • Entry Floor: 3
  • Interior Amenities: Breakfast Area, Carpet, Floor Plan - Open, Dining Area, Primary Bath(s), Recessed Lighting, Walk-In Closet(s)
  • Window Features: Double Pane
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 3
  • Basement: No
  • Laundry Type: Hookup
  • Total Sq Ft: 1182
  • Living Area Sq Ft: 1182
  • Price Per Sq Ft: 198.73
  • Above Grade Finished Sq Ft: 1182
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 501

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Parking Lot
  • Parking Lot Number Of Spaces: 2

Utilities

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

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 691.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Laundry Facilities, Pool - Outdoor, Swimming Pool
  • HOA Condo Co-Op Fee Includes: Air Conditioning, Common Area Maintenance, Heat, Laundry, Parking Fee, Pool(s), Recreation Facility, Reserve Funds, Road Maintenance, Sewer, Snow Removal, Trash, Water
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: ALEXANDRIA CITY PUBLIC SCHOOLS
  • School District Key: 121139111593
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 145619.00
  • Land Assessed Value: 72355.00
  • Land Use Code: 014
  • Outdoor Living Structures: Balcony
  • Property Condition: Excellent
  • Year Assessed: 2020
  • Zoning: RA
  • In City Limits: No

Rental Info

  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Assessor Parcel Number: 18289360
  • Tax Annual Amount: 2463.00
  • Assessor Parcel Number: 037.02-0F-501.301
  • Tax Total Finished Sq Ft: 1182
  • Tax Year: 2020
  • Close Date: 08/25/2020

MLS Schools

  • School District Name: ALEXANDRIA CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2020
Closed on
Aug 28, 2020
Sold by
Ashraf Kamran and Karam Saira
Bought by
Naz Anila and Mughal Anis
Seller's Agent
Waleed Abuzar
RE/MAX Galaxy
Buyer's Agent
Sarah Reynolds
Keller Williams Realty
List Price
$234,900
Sold Price
$240,000
Premium/Discount to List
$5,100
2.17%
Current Estimated Value
$300,626

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,626
Avg. Annual Appreciation
4.53%
Original Mortgage
$192,000
Outstanding Balance
$170,774
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$129,852

Purchase Details

Listed on
May 12, 2015
Closed on
Aug 10, 2015
Sold by
Rego Franck F G Do
Bought by
Ashraf Kamran and Karam Saira
Seller's Agent
Jason Stone
Realty ONE Group Capital
Buyer's Agent
Waleed Abuzar
RE/MAX Galaxy
List Price
$200,000
Sold Price
$185,000
Premium/Discount to List
-$15,000
-7.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.30%
Original Mortgage
$148,000
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 25, 2010
Sold by
Branch Banking And Trust Co
Bought by
Dorego Franck F G

Purchase Details

Closed on
Sep 2, 2009
Sold by
Professional Foreclosure Corp
Bought by
Branch Banking And Trust Co

Purchase Details

Closed on
Jun 22, 2007
Sold by
Martin James
Bought by
Gracias Edwin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
6.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2004
Sold by
Cassilly Helen K
Bought by
Martin James N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,800
Interest Rate
6.03%
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
Naz Anila $240,000 Universal Title
Ashraf Kamran $185,000 --
Dorego Franck F G $85,000 --
Branch Banking And Trust Co $41,600 --
Gracias Edwin $245,000 --
Martin James N $196,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Naz Anila $192,000
Previous Owner Ashraf Kamran $148,000
Previous Owner Gracias Edwin $245,000
Previous Owner Martin James N $35,400
Previous Owner Martin James N $156,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2020 08/25/20 Sold $240,000 +2.2% $203 / Sq Ft
06/28/2020 06/28/20 Pending -- -- --
06/26/2020 06/26/20 For Sale $234,900 +27.0% $199 / Sq Ft
08/14/2015 08/14/15 Sold $185,000 -5.1% $157 / Sq Ft
07/06/2015 07/06/15 Pending -- -- --
06/02/2015 06/02/15 Price Changed $195,000 -2.5% $165 / Sq Ft
05/13/2015 05/13/15 For Sale $200,000 +8.1% $169 / Sq Ft
05/12/2015 05/12/15 Off Market $185,000 -- --
05/12/2015 05/12/15 For Sale $200,000 -- $169 / 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

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Map

Source: Bright MLS

MLS Number: VAAX247848

Bright MLS

APN: 037.02-0F-501.301