NOT LISTED FOR SALE

502 Woodland Terrace Alexandria, VA 22302

North Ridge Neighborhood

Estimated Value: $1,833,000 - $2,123,000

6 Beds
5.5 Baths
3,400 Sq Ft
$581/Sq Ft Est. Value

Last Sold August 17, 2022

Last sale price $1,885,000 $554 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $12,138/month

Highlights

  • Newly Remodeled
  • 1 Fireplace
  • Forced Air Zoned Heating and Cooling System
  • Traditional Architecture
  • No HOA
  • Programmable Thermostat

About This Home

As of August 2022

Wonderful renovation and expansion. Bluestone Builders & Thompson Moran Designs.
Complete renovation and addition in beautiful Jefferson Park. House went UC pre-construction.

Last Agent to Sell the Property

Christine Garner

(703) 587-4855 christine@christinegarner.com Serhant License #0225155264 Listed on: 08/02/2022

Serhant

Last Buyer's Agent

Christine Garner

(703) 587-4855 christine@christinegarner.com Serhant License #0225155264 Listed on: 08/02/2022

Serhant

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,322

Year Built

  • Built in 1935 | Newly Remodeled

Lot Details

  • 6,250 Sq Ft Lot
  • Property is in excellent condition
  • Property is zoned R 8

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Pillar, Post or Pier Foundation
  • Slab Foundation
  • Poured Concrete
  • Blown-In Insulation
  • Batts Insulation
  • Stone Siding
  • HardiePlank Type
  • Copper Plumbing
  • Chimney Cap
  • Stucco

Interior Spaces

  • Property has 3 Levels
  • Ceiling Fan
  • 1 Fireplace

Bedrooms and Bathrooms

  • 6 Main Level Bedrooms

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Connecting Stairway
  • Interior and Exterior Basement Entry
  • Water Proofing System
  • Drainage System
  • Sump Pump
  • Basement Windows

Outdoor Features

  • Rain Gutters

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Programmable Thermostat
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Jefferson Park Subdivision

Listing and Financial Details

  • Tax Lot 43
  • Assessor Parcel Number 15967500

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,322

Year Built

Built in 1935 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: Yes
  • Story List: Main
  • Year Built: 1935
  • Automatically Close On Close Date: Yes
  • Remarks Public: Wonderful renovation and expansion. Bluestone Builders & Thompson Moran Designs. Complete renovation and addition in beautiful Jefferson Park. House went UC pre-construction.
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Foundation Details: Slab, Pillar/Post/Pier
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Daylight, Full, Connecting Stairway, Drainage System, Full, Fully Finished, Heated, Improved, Interior Access, Outside Entrance, Poured Concrete, Sump Pump, Walkout Stairs, Water Proofing System, Windows
  • Total Sq Ft: 3400
  • Living Area Sq Ft: 3400
  • Price Per Sq Ft: 819.57
  • Above Grade Finished Sq Ft: 2300
  • Below Grade Finished Sq Ft: 1100
  • Total Below Grade Sq Ft: 1100
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 502

Beds/Baths

  • Bedrooms: 6
  • Main Level Bedrooms: 6
  • Total Bathrooms: 6
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Main Level Bathrooms: 6.00
  • Main Level Full Bathrooms: 5
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Batts Insulation, Blown-In Insulation, Copper Plumbing, Hardiplank Type, Stucco, Stone
  • Construction Completed: No
  • Exterior Features: Chimney Cap(s), Gutter System, Sidewalks, Street Lights
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C, Heat Pump(s), Zoned, Programmable Thermostat
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air, Zoned
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Natural Gas Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • 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

  • Land Assessed Value: 598099.00
  • Land Use Code: 22
  • Lot Size Acres: 0.14
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6250.00
  • Property Condition: Excellent
  • Year Assessed: 2022
  • Zoning: R 8
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 18303950
  • Tax Annual Amount: 10322.00
  • Assessor Parcel Number: 15967500
  • Tax Lot: 43
  • Tax Total Finished Sq Ft: 1968
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 08/17/2022

MLS Schools

  • School District Name: ALEXANDRIA CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2022
Closed on
Aug 5, 2022
Sold by
Bluestone Builders Llc
Bought by
Avasarala Govinda V and Younes Sarah
Seller's Agent
Christine Garner
Serhant
Buyer's Agent
Christine Garner
Serhant
List Price
$1,885,000
Sold Price
$1,885,000
Views
4
Current Estimated Value
$1,975,931

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,931
Avg. Annual Appreciation
0.30%
Original Mortgage
$1,500,000
Outstanding Balance
$1,424,780
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$477,777

Purchase Details

Listed on
Aug 2, 2022
Closed on
Aug 4, 2022
Sold by
Montgomery Michael W
Bought by
Bluestone Builders Llc
Seller's Agent
Christine Garner
Serhant
Buyer's Agent
Christine Garner
Serhant
List Price
$1,885,000
Sold Price
$1,885,000
Views
4

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Outstanding Balance
$1,424,780
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$477,777

Purchase Details

Listed on
Dec 31, 2020
Closed on
Feb 1, 2021
Sold by
The Estate Of Charlotte Faye Montgomery
Bought by
Bluestone Builders Llc
Seller's Agent
Jennifer Collins
Weichert, REALTORS
Buyer's Agent
Christine Garner
Serhant
List Price
$799,000
Sold Price
$799,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
74.60%
Original Mortgage
$1,000,000
Interest Rate
2.6%
Mortgage Type
Purchase Money Mortgage
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
Avasarala Govinda V $1,885,000 First American Title
Bluestone Builders Llc -- First American Title
Bluestone Builders Llc $799,000 National Settlement Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Avasarala Govinda V $1,500,000
Previous Owner Bluestone Builders Llc $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2022 08/17/22 Sold $1,885,000 0.0% $554 / Sq Ft
08/02/2022 08/02/22 For Sale $1,885,000 +135.9% $554 / Sq Ft
02/01/2021 02/01/21 Sold $799,000 0.0% $406 / Sq Ft
12/31/2020 12/31/20 Pending -- -- --
12/31/2020 12/31/20 For Sale $799,000 -- $406 / 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 $20,435 $1,748,984 $622,934 $1,126,050
2024 $20,435 $1,728,472 $616,767 $1,111,705
2023 $18,813 $1,694,862 $604,674 $1,090,188
2022 $10,594 $954,456 $598,099 $356,357
2021 $9,464 $852,569 $543,727 $308,842
2020 $10,118 $844,450 $543,727 $300,723
2019 $9,542 $844,466 $543,727 $300,739
2018 $9,298 $822,813 $543,727 $279,086
2017 $9,068 $802,464 $527,890 $274,574
2016 $8,363 $779,436 $479,900 $299,536
2015 $7,738 $741,941 $427,429 $314,512
2014 $7,778 $745,731 $427,429 $318,302
Source: Public Records

Agents Affiliated with this Home

  • Christine Garner

    Seller's Agent in 2022

    Christine Garner

    Serhant

    (703) 587-4855

    16 in this area

    101 Total Sales

    Christine Garner
    Section Image
  • Jennifer Collins

    Seller's Agent in 2021

    Jennifer Collins

    Weichert Corporate

    (703) 217-1970

    1 in this area

    11 Total Sales

    Jennifer Collins
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: VAAX2016148

Bright MLS

APN: 033.02-08-14

Virginia Alexandria County Alexandria 22302 North Ridge

502 Woodland Terrace, Alexandria, VA

This home is located at 502 Woodland Terrace, Alexandria, VA 22302 since 02 August 2022 and is currently estimated at $1,975,931, approximately $581 per square foot. This property was built in 1935. 502 Woodland Terrace is a home located in Alexandria City with nearby schools including George Mason Elementary School, George Washington Middle School, and Alexandria City High School.

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