NOT LISTED FOR SALE

505 N Armistead St Unit 201 Alexandria, VA 22312

Lincolnia Hills Neighborhood

Estimated Value: $244,431 - $252,000

2 Beds
1 Bath
1,005 Sq Ft
$432/mo HOA Fee

Last Sold April 14, 2015

Last sale price $178,000 $177 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $1,967/month

21 Days on Market

Highlights

  • Open Floorplan
  • Living Room
  • Forced Air Heating and Cooling System
  • Community Pool
  • Community Playground
  • Combination Kitchen and Dining Room

About This Home

As of April 2015

Beautiful updated 2 Bedroom/2 Bath unit (1005 square feet). This unit features hard wood floors, open kitchen with stainless steele appliances and renovated bathroom. Condo fee includes all utilities. Don't miss this opportunity!

Last Agent to Sell the Property

Vanessa J. Rodriguez

(703) 864-8640 vanrmax@gmail.com RE/MAX Executives License #0225049901 Listed on: 02/28/2015

RE/MAX Executives

Last Buyer's Agent

Casey Menish

(571) 426-8567 casey@psrcollection.com Pearson Smith Realty, LLC License #0225209279

Pearson Smith Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,365

Year Built

  • Built in 1967

Lot Details

  • Property is in very good condition

HOA Fees

  • $432 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,005 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Window Treatments
  • Living Room
  • Combination Kitchen and Dining Room

Kitchen

  • Gas Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • Parking Space Number Location: 152
  • 1 Assigned Parking Space

Schools

  • Alexandria City High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 50349100

Community Details

Overview

  • Association fees include air conditioning, common area maintenance, electricity, exterior building maintenance, gas, heat, insurance, pool(s), reserve funds, sewer, snow removal, trash, water, laundry
  • Low-Rise Condominium
  • Saxony Square Community
  • Saxony Square Subdivision
  • The community has rules related to covenants, parking rules

Recreation

  • Community Playground
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,365

Year Built

Built in 1967

Lot Details

0

HOA Fees

$432 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1967
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Oven/Range - Gas, Refrigerator
  • Interior Amenities: Combination Kitchen/Dining, Window Treatments, Floor Plan - Open
  • Fireplace: No
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1005
  • Living Area Sq Ft: 1005
  • Price Per Sq Ft: 179.00
  • Above Grade Finished Sq Ft: 1005
  • Above Grade Finished Area Units: Square Feet

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
  • Construction Materials: Brick
  • Pool Private: 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
  • Parking Space Number Assigned: 152

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • 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: 431.93
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Air Conditioning, Common Area Maintenance, Electricity, Ext Bldg Maint, Gas, Heat, Insurance, Pool(s), Reserve Funds, Sewer, Snow Removal, Trash, Water, Laundry
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA Condo Co-Op Rules: Covenants, Parking
  • HOA: No
  • Senior Community: No

Schools

  • High School: ALEXANDRIA CITY

Lot Info

  • Improvement Assessed Value: 87611.00
  • Land Assessed Value: 43257.00
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Zoning: RA
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1364.95
  • Assessor Parcel Number: 50349100
  • Tax Year: 2014

MLS Schools

  • School District Name: ALEXANDRIA CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2015
Closed on
Apr 13, 2015
Sold by
Zambrano Mary C
Bought by
Mabrouk Anis
Seller's Agent
Vanessa J. Rodriguez
RE/MAX Executives
Buyer's Agent
Casey Menish
Pearson Smith Realty, LLC
List Price
$179,900
Sold Price
$178,000
Premium/Discount to List
-$1,900
-1.06%
Current Estimated Value
$252,348

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,348
Avg. Annual Appreciation
3.12%
Original Mortgage
$174,775
Outstanding Balance
$134,447
Interest Rate
3.72%
Mortgage Type
FHA
Estimated Equity
$112,697

Purchase Details

Closed on
Oct 5, 2007
Sold by
Kuzin Valeriy
Bought by
Seryak Mary and Zambrano Victor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
6.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2004
Sold by
Korda Istvan
Bought by
Kuzin Tatyana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,200
Interest Rate
5.56%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 25, 2002
Sold by
Logsdon William
Bought by
Korda Istvan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,450
Interest Rate
6.91%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mabrouk Anis $178,000 --
Seryak Mary $200,000 --
Kuzin Tatyana $160,000 --
Korda Istvan $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mabrouk Anis $174,775
Previous Owner Seryak Mary $152,000
Previous Owner Kuzin Tatyana $155,200
Previous Owner Korda Istvan $82,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/14/2015 04/14/15 Sold $178,000 -1.1% $177 / Sq Ft
03/21/2015 03/21/15 Pending -- -- --
02/28/2015 02/28/15 For Sale $179,900 -- $179 / 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 $2,491 $235,196 $73,629 $161,567
2024 $2,491 $211,707 $68,065 $143,642
2023 $2,266 $204,188 $66,731 $137,457
2022 $2,222 $200,183 $65,422 $134,761
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 -- $130,868 $43,257 $87,611
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000485985

Bright MLS

APN: 037.02-0F-505.201