NOT LISTED FOR SALE

505 N Armistead St Unit 202 Alexandria, VA 22312

Lincolnia Hills Neighborhood

Estimated Value: $254,000 - $272,000

2 Beds
1 Bath
1,005 Sq Ft
$645/mo HOA Fee

Last Sold April 30, 2024

Last sale price $290,000 $289 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $2,325/month

1 Day on Market

Highlights

  • Gourmet Galley Kitchen
  • Colonial Architecture
  • Upgraded Countertops
  • Open Floorplan
  • Main Floor Bedroom
  • Community Pool

About This Home

As of April 2024

*** PLEASE HAVE ALL OFFERS SUBMITTED BEFORE 7PM ON 04/19 *** OPEN HOUSE HAS BEEN CANCELLED. Welcome home to your new move-in ready and absolutely gorgeous two-bedroom condo in much sought-after Saxony Square community! This luxurious and spacious one-level condo underwent a complete renovation at the end of 2020 and has since been meticulously upkept and updated -- it’s the complete package! You’ll fall in love with this bright, airy, and VERY open floorplan making it the perfect home for entertaining. The modern kitchen is equipped with white shaker-style cabinetry, gleaming white quartz countertop, sleek stainless-steel appliances, subway-style glass backsplash, and ... wait for it ... seven-foot, elongated kitchen island making meal preparation a breeze! Seamlessly transition into either the spacious living room with floor to ceiling windows or the sun-filled dining area with floor to ceiling sliding glass door access to balcony overlooking the sports court and serene community grounds. The perfect spot for your morning coffee or finishing out your day relaxing with a glass of wine! Master suite has two oversized, walk-in his/her closets. Spacious second bedroom with large closet. Beautifully remodeled bathroom featuring double sinks, sleek soaking tub / shower with designer tile and backsplash and subtle beadboard paneling. Additional interior improvements include easy maintenance engineered hardwood flooring, modern light fixtures, recessed lighting, fresh paint and so much more! Unit comes with assigned parking and ample guest parking. Water, electric, gas, and trash included in the monthly condo fee. Community amenities include outdoor pool, tennis court, and tot lot / playgrounds.

Situated in Alexandria City, this home offers convenient access to a variety of local amenities and attractions. Nature enthusiasts will appreciate the proximity to the beautiful outdoor spaces of the community and nearby parks -- perfect for picnicking and outdoor recreation. For shopping and dining options, residents can explore nearby retail town centers such as Village at Shirlington, Pinecrest Plaza, Plaza at Landmark, and Springfield. Commuters will enjoy easy access to major roadways including I-395, I-95, I-495, Rt 7 for travel to Mark Center, Pentagon, DC, National Harbor .... the world is your oyster!

With its spacious layout, renovations and desirable location, this condo offers the ideal combination of luxurious comfort, convenience, and style. Don’t miss your opportunity to make this house your new home!

Last Agent to Sell the Property

Angela Shelton

(703) 639-1990 ashelton@bmgnva.com Bay Property Mgmt Group Northern Virginia, LLC. License #0225203412 Listed on: 04/18/2024

Last Buyer's Agent

Josh Velez

(571) 378-1346 josh@soldbyjvelez.com Samson Properties

Samson Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,155

Year Built

  • Built in 1967 | Remodeled in 2020

Lot Details

  • 1,002

HOA Fees

  • $645 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Entry on the 2nd floor
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1,005 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Chair Railings
  • Recessed Lighting
  • Sliding Doors
  • Six Panel Doors
  • Living Room
  • Dining Room

Kitchen

  • Gourmet Galley Kitchen
  • Breakfast Area or Nook
  • Gas Oven or Range
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Soaking Tub
  • Bathtub with Shower

Parking

  • Assigned parking located at #158
  • On-Street Parking
  • Parking Lot
  • Surface Parking
  • 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
  • Vented Exhaust Fan
  • Natural Gas Water Heater

Additional Features

  • Balcony
  • Property is in excellent condition

Listing and Financial Details

  • Assessor Parcel Number 50349110

Community Details

Overview

  • Association fees include common area maintenance, electricity, exterior building maintenance, gas, lawn maintenance, management, sewer, snow removal, trash, water, insurance
  • Low-Rise Condominium
  • Saxony Square Condos
  • Saxony Square Community
  • Saxony Square Subdivision

Amenities

  • Common Area
  • Laundry Facilities

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,155

Year Built

Built in 1967 | Remodeled in 2020

Lot Details

0

HOA Fees

$645 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
  • Expected On Market: 2024-04-18
  • Federal Flood Zone: No
  • Year Built: 1967
  • Year Renovated: 2020
  • Assigned Parking Space Numbers: 158
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Refrigerator, Dishwasher, Built-In Microwave, Disposal, Exhaust Fan, Icemaker, Oven/Range - Gas, Stainless Steel Appliances
  • Entry Floor: 2
  • Interior Amenities: Breakfast Area, Entry Level Bedroom, Kitchen - Galley, Kitchen - Island, Primary Bath(s), Soaking Tub, Tub Shower, Chair Railings, Dining Area, Floor Plan - Open, Kitchen - Gourmet, Pantry, Recessed Lighting, Upgraded Countertops, Walk-In Closet(s)
  • Fireplace: No
  • Door Features: Sliding Glass, Six Panel
  • Foundation Details: Slab
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Primary Bathroom
  • Basement: No
  • Laundry Type: Common
  • Total Sq Ft: 1005
  • Living Area Sq Ft: 1005
  • Price Per Sq Ft: 273.53
  • 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, 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: 1
  • Garage: No
  • Parking Features: Assigned, Surface
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Lot, On Street
  • 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: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Main Entrance Lock
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 645.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: SAXONY SQUARE
  • HOA Condo Co-Op Amenities: Common Grounds, Pool - Outdoor, Reserved/Assigned Parking, Tennis Courts, Tot Lots/Playground, Laundry Facilities
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Electricity, Ext Bldg Maint, Gas, Lawn Maintenance, Management, Sewer, Snow Removal, Trash, Water, Insurance
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School Source: 3rd Party
  • High School Source: Listing Agent
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: WILLIAM RAMSAY
  • High School: ALEXANDRIA CITY
  • Middle Or Junior School: FRANCIS C HAMMOND

Lot Info

  • Outdoor Living Structures: Balcony
  • Property Condition: Excellent
  • Zoning: RA
  • In City Limits: Yes

Rental Info

  • Pets: Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2155.00
  • Assessor Parcel Number: 50349110
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

MLS Schools

  • School District Name: ALEXANDRIA CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2024
Closed on
Apr 30, 2024
Sold by
Mamo Selamawit
Bought by
Fuentes Oralia and Lopez Cifuentes Keirin
Seller's Agent
Angela Shelton
Bay Property Mgmt Group Northern Virginia, LLC.
Buyer's Agent
Josh Velez
Samson Properties
List Price
$274,900
Sold Price
$290,000
Premium/Discount to List
$15,100
5.49%
Views
57
Current Estimated Value
$279,052

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,948
Avg. Annual Appreciation
-5.35%
Original Mortgage
$281,300
Outstanding Balance
$277,288
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
-$12,138

Purchase Details

Listed on
Aug 14, 2020
Closed on
Sep 18, 2020
Sold by
Sharolli Aslam Llc
Bought by
Mamo Selamawit
Seller's Agent
Alexandra Iamandi
Samson Properties
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$229,900
Sold Price
$229,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.63%
Original Mortgage
$220,370
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 23, 2020
Closed on
Jul 10, 2020
Sold by
Robbers Monica L
Bought by
Sharolli Aslam Llc
Seller's Agent
Eman Othman
Compass
Buyer's Agent
Alexandra Iamandi
Samson Properties
List Price
$190,000
Sold Price
$173,000
Premium/Discount to List
-$17,000
-8.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
385.37%
Original Mortgage
$138,400
Interest Rate
3.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 17, 2007
Sold by
Moor Jo Ann
Bought by
Robbers Monica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,575
Interest Rate
6.7%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Fuentes Oralia $290,000 Doma Title Insurance Inc
Mamo Selamawit $229,900 Kensington Vanguard Nls
Sharolli Aslam Llc $173,000 Smart Settlements Llc
Robbers Monica $211,750 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fuentes Oralia $281,300
Previous Owner Mamo Selamawit $220,370
Previous Owner Sharolli Aslam Llc $138,400
Previous Owner Robbers Monica $190,575
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/30/2024 04/30/24 Sold $290,000 +5.5% $289 / Sq Ft
04/18/2024 04/18/24 For Sale $274,900 0.0% $274 / Sq Ft
03/30/2023 03/30/23 Rented $1,950 0.0% --
03/20/2023 03/20/23 Price Changed $1,950 -2.5% $2 / Sq Ft
02/21/2023 02/21/23 For Rent $2,000 0.0% --
02/01/2023 02/01/23 Off Market $2,000 -- --
12/23/2022 12/23/22 Price Changed $2,000 -4.8% $2 / Sq Ft
12/12/2022 12/12/22 For Rent $2,100 +10.5% --
02/02/2022 02/02/22 Rented $1,900 0.0% --
01/24/2022 01/24/22 Price Changed $1,900 -2.6% $2 / Sq Ft
01/17/2022 01/17/22 Price Changed $1,950 -2.3% $2 / Sq Ft
01/15/2022 01/15/22 For Rent $1,995 0.0% --
09/18/2020 09/18/20 Sold $229,900 0.0% $229 / Sq Ft View Prior Sale
08/18/2020 08/18/20 Pending -- -- --
08/14/2020 08/14/20 For Sale $229,900 +32.9% $229 / Sq Ft
07/14/2020 07/14/20 Sold $173,000 -8.9% $172 / Sq Ft View Prior Sale
06/26/2020 06/26/20 Pending -- -- --
06/23/2020 06/23/20 For Sale $190,000 0.0% $189 / Sq Ft
11/16/2017 11/16/17 Rented $1,525 0.0% --
11/16/2017 11/16/17 Under Contract -- -- --
07/12/2017 07/12/17 For Rent $1,525 +2.0% --
09/22/2016 09/22/16 Rented $1,495 0.0% --
09/22/2016 09/22/16 Under Contract -- -- --
07/15/2016 07/15/16 For Rent $1,495 0.0% --
09/18/2012 09/18/12 Rented $1,495 0.0% --
09/18/2012 09/18/12 Under Contract -- -- --
08/10/2012 08/10/12 For Rent $1,495 -- --
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 $2,539 $239,875 $73,629 $166,246
2024 $2,539 $215,867 $68,065 $147,802
2023 $2,311 $208,169 $66,731 $141,438
2022 $2,265 $204,086 $65,422 $138,664
2021 $2,265 $204,086 $65,422 $138,664
2020 $2,077 $188,969 $60,576 $128,393
2019 $1,941 $171,790 $55,069 $116,721
2018 $1,876 $165,981 $53,207 $112,774
2017 $1,753 $155,122 $49,726 $105,396
2016 $1,827 $170,277 $50,741 $119,536
2015 $1,741 $166,939 $49,746 $117,193
2014 $1,391 $133,405 $43,257 $90,148
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAAX2032942

Bright MLS

APN: 037.02-0F-505.202