$533,000
SOLD MAR 17, 2025

Marina Towers 501 Slaters Ln Unit 1115 Alexandria, VA 22314

Potomac Yard Neighborhood
2 Beds
2 Baths
1,168 Sq Ft
$1,015/mo HOA Fee

Recently Sold

$456 Per Sq Ft

2% Above List Price

2 Days on Market

Highlights

  • Concierge
  • Community Pool
  • Summer or Winter Changeover Switch For Hot Water
  • Contemporary Architecture
  • Meeting Room
  • Picnic Area

About This Home

As of March 2025

**BEST PRICED 2 Bedroom, 2 Bath Spacious Condo Available on the market!!! YOU WILL LOVE THIS CONDO!** Totally Remodeled in 2025 / Marina Towers recently remodeled too! Truly one of the best communities in Alexandria! ** Spectacular, Million Dollar View In sought after great location! **Upgraded with quality remodeling within the past few weeks Move In Ready! Located On the river and bicycle path Super Close to DC, National Airport, the Metro, Alexandria, Mount Vernon. Many amenities including pool, party room, with a kitchen and bar, an on-site convenience store, dry cleaners, car wash area, 24/7 concierge, and ample parking!! With sweeping views of the Potomac River and convenient access to the Mount Vernon Trail, Marina Towers is a paradise for outdoor lovers. Located right on the George Washington Parkway, walking distance to Old Town Alexandria and the Braddock Road Metro Station and just three miles from Ronald Reagan Washington National Airport. A Very social and fun place to live!Condo Association completely remodeled common areas within the last year, all hallways and common areas. This condo is move in beautiful! All new luxury flooring to be installed, new bathrooms, upgraded kitchen, with sit in eating space with wall to wall windows, Kitchen with balcony door with incredible view. remodeled kitchen.All New Flooring, bathrooms, lighting, totally painted.... You will love this best condominium on the market! *** Professional photography coming soon, By Thursday 2/27/2025. Call LA with any additional information you may want.

Last Agent to Sell the Property

Kelly Olafsson

RE/MAX Distinctive Real Estate, Inc. License #0225077743 Listed on: 02/26/2025

RE/MAX Distinctive Real Estate, Inc.

Last Buyer's Agent

Delaine Campbell

Redfin Corporation License #0225091361

Redfin Corporation

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,135

Year Built

  • Built in 1970

HOA Fees

  • $1,015 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,168 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Accessible Home Design

  • Accessible Elevator Installed

Schools

  • Jefferson-Houston Elementary And Middle School
  • Alexandria City High School

Utilities

  • Central Air
  • Summer or Winter Changeover Switch For Heating
  • Summer or Winter Changeover Switch For Hot Water
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 50328180

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, gas, pool(s), management, sewer, snow removal, lawn maintenance, water
  • High-Rise Condominium
  • Marina Towers Community
  • Marina Towers Subdivision

Amenities

  • Concierge
  • Picnic Area
  • Common Area
  • Meeting Room
  • Party Room

Recreation

  • Dog Park
  • Bike Trail

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,135

Year Built

Built in 1970

Lot Details

0

HOA Fees

$1,015 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Contemporary
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2025-02-26
  • Year Built: 1970
  • Automatically Close On Close Date: Yes
  • Remarks Public: **BEST PRICED 2 Bedroom, 2 Bath Spacious Condo Available on the market!!! YOU WILL LOVE THIS CONDO! ** Totally Remodeled in 2025 / Marina Towers recently remodeled too! Truly one of the best communities in Alexandria! ** Spectacular, Million Dollar View In sought after great location! **Upgraded with quality remodeling within the past few weeks Move In Ready! Located On the river and bicycle path Super Close to DC, National Airport, the Metro, Alexandria, Mount Vernon. Many amenities including pool, party room, with a kitchen and bar, an on-site convenience store, dry cleaners, car wash area, 24/7 concierge, and ample parking!! With sweeping views of the Potomac River and convenient access to the Mount Vernon Trail, Marina Towers is a paradise for outdoor lovers. Located right on the George Washington Parkway, walking distance to Old Town Alexandria and the Braddock Road Metro Station and just three miles from Ronald Reagan Washington National Airport. A Very social and fun place to live! Condo Association completely remodeled common areas within the last year, all hallways and common areas. This condo is move in beautiful! All new luxury flooring to be installed, new bathrooms, upgraded kitchen, with sit in eating space with wall to wall windows, Kitchen with balcony door with incredible view. remodeled kitchen. All New Flooring, bathrooms, lighting, totally painted.... You will love this best condominium on the market! *** Professional photography coming soon, By Thursday 2/27/2025. Call LA with any additional information you may want.
  • Washer Dryer Hookups YN: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 11
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1168
  • Living Area Sq Ft: 1168
  • Price Per Sq Ft: 449.39
  • Above Grade Finished Sq Ft: 1168
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 501

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • 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

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1015.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Elevator, Pool - Outdoor, Party Room, Bike Trail, Common Grounds, Concierge, Dog Park, Meeting Room, Picnic Area
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Gas, Pool(s), Management, Sewer, Snow Removal, Lawn Maintenance, Water
  • HOA: No
  • Senior Community: No

Schools

  • School District: ALEXANDRIA CITY PUBLIC SCHOOLS
  • Elementary School: JEFFERSON-HOUSTON
  • Middle School: JEFFERSON-HOUSTON
  • 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: JEFFERSON-HOUSTON
  • High School: ALEXANDRIA CITY
  • Middle Or Junior School: JEFFERSON-HOUSTON

Lot Info

  • Land Use Code: 15
  • Year Assessed: 2024
  • Zoning: RC
  • In City Limits: Yes

Rental Info

  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5135.00
  • Assessor Parcel Number: 50328180
  • Tax Total Finished Sq Ft: 1168
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 03/17/2025

MLS Schools

  • School District Name: ALEXANDRIA CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2025
Closed on
Mar 17, 2025
Sold by
Vernon Trust and Vernon John W
Bought by
Hughes Marianne C
Seller's Agent
Kelly Olafsson
RE/MAX Distinctive Real Estate, Inc.
Buyer's Agent
Delaine Campbell
Redfin Corporation
List Price
$524,888
Sold Price
$533,000
Premium/Discount to List
$8,112
1.55%
Views
43
Current Estimated Value
$532,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$814
Avg. Annual Appreciation
-0.61%
Original Mortgage
$399,750
Outstanding Balance
$399,419
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$132,767

Purchase Details

Closed on
Sep 16, 2015
Sold by
Vernon John W and Vernon Victoria J
Bought by
Vernon Trust Dated 09 16 2015
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $533,000 Title Resources Guaranty
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $399,750 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2025 03/17/25 Sold $533,000 +1.5% $456 / Sq Ft
03/01/2025 03/01/25 Pending -- -- --
02/26/2025 02/26/25 For Sale $524,888 0.0% $449 / Sq Ft
02/18/2025 02/18/25 Price Changed $524,888 0.0% $449 / Sq Ft
06/26/2013 06/26/13 Rented $2,350 -4.1% --
06/20/2013 06/20/13 Under Contract -- -- --
04/02/2013 04/02/13 For Rent $2,450 +2.1% --
01/19/2012 01/19/12 Rented $2,400 -2.0% --
01/04/2012 01/04/12 Under Contract -- -- --
12/13/2011 12/13/11 For Rent $2,450 -- --
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
2024 $5,225 $452,505 $159,302 $293,203
2023 $5,023 $452,505 $159,302 $293,203
2022 $4,869 $438,685 $145,482 $293,203
2021 $4,869 $438,685 $145,482 $293,203
2020 $4,671 $426,367 $133,164 $293,203
2019 $4,445 $393,397 $123,163 $270,234
2018 $4,445 $393,397 $123,163 $270,234
2017 $4,679 $414,101 $129,645 $284,456
2016 $4,212 $392,514 $122,887 $269,627
2015 $3,910 $374,875 $122,887 $251,988
2014 $3,692 $354,011 $111,715 $242,296
Source: Public Records

Agents Affiliated with this Home

  • Kelly Olafsson

    Seller's Agent in 2025

    Kelly Olafsson

    RE/MAX

    (703) 489-9663

    1 in this area

    68 Total Sales

    Kelly Olafsson
    Section Image
  • Delaine Campbell

    Buyer's Agent in 2025

    Delaine Campbell

    Redfin Corporation

    (703) 932-6542

    Section Image

  • E

    Seller's Agent in 2013

    Eloise Brantley

    Coldwell Banker (NRT-Southeast-MidAtlantic)

  • Cheryl Wilderotter

    Buyer's Agent in 2013

    Cheryl Wilderotter

    McEnearney Associates

    (703) 371-3345

    3 in this area

    11 Total Sales

    Cheryl Wilderotter
    Section Image
  • Phyllis Sintay

    Buyer's Agent in 2012

    Phyllis Sintay

    McEnearney Associates

    (703) 472-3563

    1 in this area

    30 Total Sales

    Phyllis Sintay
    Section Image
See All Agents

About Marina Towers

Map

Source: Bright MLS

MLS Number: VAAX2041886

Bright MLS

APN: 036.03-0A-1115

Virginia Alexandria County Alexandria 22314 Potomac Yard

501 Slaters Ln Unit 1115, Alexandria, VA

This home is located at 501 Slaters Ln Unit 1115, Alexandria, VA 22314 and is currently priced at $533,000, approximately $456 per square foot. This property was built in 1970. 501 Slaters Ln Unit 1115 is a home located in Alexandria City with nearby schools including Jefferson-Houston Elementary School, Alexandria City High School, and Potomac Crescent Waldorf School.

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