NOT LISTED FOR SALE

505 N Armistead St Unit 301 Alexandria, VA 22312

Lincolnia Hills Neighborhood

Estimated Value: $246,000 - $275,000

2 Beds
1 Bath
1,005 Sq Ft
$602/mo HOA Fee

Last Sold June 30, 2022

Last sale price $230,000 $229 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,201/month

32 Days on Market

Highlights

  • Community Pool
  • Community Playground
  • Forced Air Heating and Cooling System
  • Stainless Steel Appliances

About This Home

As of June 2022

HUGE PRICE REDUCTION! Amazing location in a quiet neighborhood. This two bedroom, one bathroom top floor condo is minutes from 395, 495, and the Van Dorn Metro station. All utilities are included in the condo fees. You’ll enjoying relaxing in a large living room, hosting dinner parties in the updated gallery kitchen, or drinking a cup of coffee from your balcony watching the sunrise in the distance. Own for much less than rent. Schedule your tour today! Motivated seller.

Last Agent to Sell the Property

Kimberlee Randall Group

EXP Realty, LLC License #637911 Listed on: 04/24/2022

EXP Realty, LLC

Last Buyer's Agent

Keri Shull

EXP Realty, LLC License #618083

EXP Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,262

Year Built

  • Built in 1967

Lot Details

  • 1,002

HOA Fees

  • $602 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Masonry

Interior Spaces

  • 1,005 Sq Ft Home
  • Property has 2 Levels
  • Laundry in Basement
  • Washer and Dryer Hookup

Kitchen

  • Built-In Range
  • Built-In Microwave
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Schools

  • William Ramsay Elementary School
  • Francis C Hammond Middle School
  • T.C. Williams High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 037.02-0F-505.301

Community Details

Overview

  • Association fees include air conditioning, water, trash, snow removal, sewer, parking fee
  • Low-Rise Condominium
  • Saxony Square Condos
  • Saxony Square Community
  • Saxony Square Subdivision

Amenities

  • Common Area

Recreation

  • Community Playground
  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,262

Year Built

Built in 1967

Lot Details

0

HOA Fees

$602 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1967
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Built-In Range, Built-In Microwave, Refrigerator, Stainless Steel Appliances
  • Entry Floor: 3
  • Fireplace: No
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Basement
  • Total Sq Ft: 1005
  • Living Area Sq Ft: 1005
  • Price Per Sq Ft: 228.86
  • Above Grade Finished Sq Ft: 1005
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 505

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: Masonry
  • Spa: No
  • 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: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 602.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: SAXONY SQUARE
  • HOA Condo Co-Op Amenities: Common Grounds, Pool - Outdoor, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Air Conditioning, Water, Trash, Snow Removal, Sewer, Parking Fee
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: ALEXANDRIA CITY PUBLIC SCHOOLS
  • Elementary School: WILLIAM RAMSAY
  • Middle School: FRANCIS C HAMMOND
  • High School: T.C. WILLIAMS
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121139111593
  • School District Source: 3rd Party
  • Elementary School: WILLIAM RAMSAY
  • High School: T.C. WILLIAMS
  • Middle Or Junior School: FRANCIS C HAMMOND

Lot Info

  • Horses: No
  • Land Use Code: 014
  • Zoning: RA
  • In City Limits: Yes

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2262.00
  • Assessor Parcel Number: 037.02-0F-505.301
  • Tax Year: 2021
  • Close Date: 06/30/2022

MLS Schools

  • School District Name: ALEXANDRIA CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2022
Closed on
Jun 17, 2022
Sold by
Allen Muse Jr George and Baylor Eleanor
Bought by
Svendsen Karl J
Seller's Agent
Kimberlee Randall Group
EXP Realty, LLC
Buyer's Agent
Keri Shull
EXP Realty, LLC
List Price
$249,500
Sold Price
$230,000
Premium/Discount to List
-$19,500
-7.82%
Total Days on Market
32
Current Estimated Value
$255,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,750
Avg. Annual Appreciation
3.40%
Original Mortgage
$218,500
Outstanding Balance
$208,458
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$47,292

Purchase Details

Closed on
Dec 1, 2009
Sold by
Residential Funding Co Llc
Bought by
Muse George A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,435
Interest Rate
4.92%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 28, 2006
Sold by
Bint Zahra
Bought by
Desta Eshetu and Kertu Fekadu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,902
Interest Rate
6.16%
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
Svendsen Karl J $230,000 Allied Title
Muse George A $90,000 --
Desta Eshetu $269,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Svendsen Karl J $218,500
Previous Owner Muse George Allen $125,000
Previous Owner Muse George Allen $100,000
Previous Owner Muse George A $83,435
Previous Owner Desta Eshetu $215,902
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2022 06/30/22 Sold $230,000 0.0% $229 / Sq Ft
05/26/2022 05/26/22 Pending -- -- --
05/11/2022 05/11/22 Price Changed $230,000 -7.8% $229 / Sq Ft
04/24/2022 04/24/22 For Sale $249,500 0.0% $248 / Sq Ft
04/20/2021 04/20/21 Rented $1,550 0.0% --
04/14/2021 04/14/21 Under Contract -- -- --
04/05/2021 04/05/21 For Rent $1,550 +12.7% --
05/01/2015 05/01/15 Rented $1,375 -14.1% --
04/27/2015 04/27/15 Under Contract -- -- --
11/14/2014 11/14/14 For Rent $1,600 -- --
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 $251,756 $73,629 $178,127
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 $1,365 $130,868 $43,257 $87,611
Source: Public Records

Agents Affiliated with this Home

  • Kimberlee Randall Group

    Seller's Agent in 2022

    Kimberlee Randall Group

    EXP Realty, LLC

    (240) 650-9895

    1 in this area

    141 Total Sales

    Kimberlee Randall Group
    Section Image
  • Keri Shull

    Buyer's Agent in 2022

    Keri Shull

    EXP Realty, LLC

    (703) 947-0991

    8 in this area

    2,586 Total Sales

    Keri Shull
    Section Image
  • Janel Moore

    Seller's Agent in 2021

    Janel Moore

    McEnearney Associates

    (703) 587-0689

    11 Total Sales

    Janel Moore
    Section Image

  • H

    Seller's Agent in 2015

    Heike Coates

    Redfin Corporation

    Heike Coates
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: VAAX2012010

Bright MLS

APN: 037.02-0F-505.301

Virginia Alexandria County Alexandria 22312 Lincolnia Hills

505 N Armistead St Unit 301, Alexandria, VA

This home is located at 505 N Armistead St Unit 301, Alexandria, VA 22312 since 24 April 2022 and is currently estimated at $255,750, approximately $254 per square foot. This property was built in 1967. 505 N Armistead St Unit 301 is a home located in Alexandria City with nearby schools including William Ramsay Elementary School, Francis C. Hammond Middle, and Alexandria City High School.

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