NOT LISTED FOR SALE

507 N Armistead St Unit T3 Alexandria, VA 22312

Lincolnia Hills Neighborhood

Estimated Value: $258,000 - $315,000

3 Beds
2 Baths
1,254 Sq Ft
$567/mo HOA Fee

Last Sold March 27, 2014

Last sale price $174,900 $139 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $2,355/month

73 Days on Market

Highlights

  • Traditional Floor Plan
  • Forced Air Heating and Cooling System
  • Combination Dining and Living Room
  • Traditional Architecture

About This Home

As of March 2014

JUST REDUCED!! Spacious 3 BR, 2 BA unit in Saxony Square needs you! Minutes from shops, restaurants and major commuter routes. Don't miss the opportunity to own!

Last Agent to Sell the Property

Phil Chernitzer

(703) 858-1123 realhome@erols.com REO Real Estate Listed on: 11/01/2013

Co-Listed By

Jacklyn Esguerra

(571) 331-6274 jackiesguerra@gmail.com Pearson Smith Realty, LLC

Last Buyer's Agent

Ruth Yehdego

(703) 891-2589 ruthclassicrealty@gmail.com Spring Hill Real Estate, LLC. License #0225188641

Spring Hill Real Estate, LLC.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,221

Year Built

  • Built in 1967

Lot Details

  • 1,263

HOA Fees

  • $567 Monthly HOA Fees

Parking

  • 2 Assigned Parking Spaces

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,254 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

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

Community Details

  • Association fees include snow removal, trash
  • Low-Rise Condominium
  • Saxony Square Community
  • The community has rules related to parking rules

Listing and Financial Details

  • Assessor Parcel Number 50349180

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,221

Year Built

Built in 1967

Lot Details

0

HOA Fees

$567 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional
  • Ownership: Condominium
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1967
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Combination Dining/Living, Floor Plan - Traditional
  • Fireplace: No
  • Entry Location: Basement
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1254
  • Living Area Sq Ft: 1254
  • Price Per Sq Ft: 139.47
  • Above Grade Finished Sq Ft: 1254
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick, Concrete
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned

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
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 567.35
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Fee Includes: Snow Removal, Trash
  • HOA Condo Co-Op Rules: Parking
  • HOA: No

Lot Info

  • Improvement Assessed Value: 70810.00
  • Land Assessed Value: 46827.00
  • Zoning: RA
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 18288382
  • Tax Annual Amount: 1221.07
  • Assessor Parcel Number: 50349180
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 14, 2020
Sold by
Negussie Benyam
Bought by
Negussie Daniel
Current Estimated Value
$287,198

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Outstanding Balance
$135,722
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$151,476

Purchase Details

Closed on
Nov 4, 2014
Sold by
Negussie Benyam and Negussie Daniel
Bought by
Negussie Benyam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 1, 2013
Closed on
Mar 6, 2014
Sold by
Us Bank National Association
Bought by
Negussie Benyam
Seller's Agent
Phil Chernitzer
REO Real Estate
Buyer's Agent
Ruth Yehdego
Spring Hill Real Estate, LLC.
List Price
$194,900
Sold Price
$174,900
Premium/Discount to List
-$20,000
-10.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.33%
Original Mortgage
$171,728
Interest Rate
4.27%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 1, 2013
Sold by
White Samuel I
Bought by
Us Bank National Association

Purchase Details

Closed on
Aug 31, 2005
Sold by
Beltran Luz M
Bought by
Aquice Italo E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
5.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 29, 2000
Sold by
Delgado Alida
Bought by
Cardenas Gino J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,975
Interest Rate
7.64%

Purchase Details

Closed on
Sep 13, 1999
Sold by
Sec Of H U D
Bought by
Delgado Alida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,064
Interest Rate
7.83%

Purchase Details

Closed on
Jun 17, 1997
Sold by
Richard Floyd M
Bought by
Keene Willie L and Keene Joann C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,150
Interest Rate
7.97%
Mortgage Type
FHA
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
Negussie Daniel $190,000 Titan Title Llc
Negussie Benyam -- --
Negussie Benyam $174,900 --
Us Bank National Association $248,000 --
Aquice Italo E $310,000 --
Cardenas Gino J $97,500 --
Delgado Alida $62,890 --
Keene Willie L $81,000 Island Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Negussie Daniel $153,000
Previous Owner Negussie Benyam $144,000
Previous Owner Negussie Benyam $171,728
Previous Owner Aquice Italo E $248,000
Previous Owner Cardenas Gino J $87,975
Previous Owner Delgado Alida $61,064
Previous Owner Keene Willie L $79,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/27/2014 03/27/14 Sold $174,900 0.0% $139 / Sq Ft
01/13/2014 01/13/14 Pending -- -- --
01/03/2014 01/03/14 Price Changed $174,900 -5.4% $139 / Sq Ft
12/03/2013 12/03/13 Price Changed $184,900 -5.1% $147 / Sq Ft
11/01/2013 11/01/13 For Sale $194,900 -- $155 / 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 $3,320 $297,706 $93,531 $204,175
2024 $3,320 $284,692 $86,464 $198,228
2023 $2,782 $250,649 $84,768 $165,881
2022 $2,728 $245,735 $83,106 $162,629
2021 $2,728 $245,735 $83,106 $162,629
2020 $2,493 $227,532 $76,950 $150,582
2019 $2,337 $206,848 $69,955 $136,893
2018 $2,258 $199,852 $67,589 $132,263
2017 $2,111 $186,778 $63,167 $123,611
2016 $2,004 $186,778 $63,167 $123,611
2015 $1,910 $183,116 $61,929 $121,187
2014 $1,534 $147,072 $53,851 $93,221
Source: Public Records

Agents Affiliated with this Home

  • Phil Chernitzer

    Seller's Agent in 2014

    Phil Chernitzer

    REO Real Estate

    (703) 858-1123

    1 in this area

    1 Total Sale

    Phil Chernitzer
    Section Image
  • Jacklyn Esguerra

    Seller Co-Listing Agent in 2014

    Jacklyn Esguerra

    Pearson Smith Realty, LLC

    (571) 331-6274

    65 Total Sales

    Jacklyn Esguerra
    Section Image
  • Ruth Yehdego

    Buyer's Agent in 2014

    Ruth Yehdego

    Spring Hill Real Estate, LLC.

    (703) 891-2589

    6 in this area

    71 Total Sales

    Ruth Yehdego
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1003758646

Bright MLS

APN: 037.02-0F-507.0T3

Virginia Alexandria County Alexandria 22312 Lincolnia Hills

507 N Armistead St Unit T3, Alexandria, VA

Not Listed for Sale

Condos

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