NOT LISTED FOR SALE

507 N Payne St Alexandria, VA 22314

Parker-Gray Neighborhood

Estimated Value: $744,000 - $892,000

3 Beds
2 Baths
1,334 Sq Ft
$598/Sq Ft Est. Value

Last Sold November 10, 2022

Last sale price $799,000 $599 Per Sq Ft

Current estimated payment $5,045/month

4 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Living Room
  • Wood Flooring
  • Family Room Off Kitchen
  • 2-minute walk to Braddock Interim Open Space

About This Home

As of November 2022

Welcome to 507 N. Payne, a beautiful and move-in ready row house in historic Old Town Alexandria! Just beyond the fully fenced and freshly landscaped front yard awaits a light filled home boasting a spacious living room with beautiful hardwood floors. Travel through the dining area and kitchen and step right out to the private backyard with a patio that is perfect for outdoor dining and entertaining. Upstairs you will find 2 bedrooms and an updated full bath. From the main level, head downstairs to a fully finished basement that includes a third bedroom and a recently renovated full bath.
Situated less than half a mile to the Metro and the easy access to the Pentagon, Amazon HQ2 and Reagan National Airport makes this location a commuter's dream. A convenient bonus... there is a private driveway directly behind the home! Conveniently located just a few blocks from lively King Street, restaurants, shops, parks and all the charm Old Town has to offer. You do not want to miss this one!

Last Agent to Sell the Property

Casey Shaw

Corcoran McEnearney License #0225251374 Listed on: 10/07/2022

Corcoran McEnearney

Last Buyer's Agent

Virginia Amos

Coldwell Banker Realty License #0225218474

Coldwell Banker Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,363

Year Built

  • Built in 1920 | Remodeled in 2012

Lot Details

  • 1,873 Sq Ft Lot
  • Property is in excellent condition

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • Property has 3 Levels
  • Ceiling Fan
  • Recessed Lighting
  • Window Treatments
  • Family Room Off Kitchen
  • Living Room
  • Dining Room

Kitchen

  • Gas Oven or Range
  • Stove
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Connecting Stairway
  • Water Proofing System
  • Sump Pump
  • Laundry in Basement

Home Security

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces
  • Off-Street Parking

Schools

  • Jefferson-Houston Elementary School
  • George Washington Middle School
  • Alexandria City High School

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 10913000

Community Details

Overview

  • No Home Owners Association
  • Old Town Alexandria Subdivision

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,363

Year Built

Built in 1920 | Remodeled in 2012

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: Additional conveyances: Armoire in upper level bedroom, Outdoor patio furniture/umbrella, Ring doorbell
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1920
  • Year Renovated: 2012
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to 507 N. Payne, a beautiful and move-in ready row house in historic Old Town Alexandria! Just beyond the fully fenced and freshly landscaped front yard awaits a light filled home boasting a spacious living room with beautiful hardwood floors. Travel through the dining area and kitchen and step right out to the private backyard with a patio that is perfect for outdoor dining and entertaining. Upstairs you will find 2 bedrooms and an updated full bath. From the main level, head downstairs to a fully finished basement that includes a third bedroom and a recently renovated full bath. Situated less than half a mile to the Metro and the easy access to the Pentagon, Amazon HQ2 and Reagan National Airport makes this location a commuter's dream. A convenient bonus... there is a private driveway directly behind the home! Conveniently located just a few blocks from lively King Street, restaurants, shops, parks and all the charm Old Town has to offer. You do not want to miss this one!
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Exhaust Fan, Icemaker, Microwave, Oven/Range - Gas, Refrigerator, Stove, Dryer, Washer
  • Flooring Type: Hardwood, Carpet, Vinyl
  • Interior Amenities: Family Room Off Kitchen, Window Treatments, Wood Floors, Dining Area, Ceiling Fan(s), Recessed Lighting
  • Fireplace: No
  • Foundation Details: Brick/Mortar
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Kitchen, Basement, Laundry
  • Basement: Yes
  • Basement Type: Connecting Stairway, Fully Finished, Improved, Sump Pump, Water Proofing System
  • Laundry Type: Basement
  • Total Sq Ft: 1334
  • Living Area Sq Ft: 1334
  • Price Per Sq Ft: 998.75
  • Above Grade Finished Sq Ft: 800
  • Below Grade Finished Sq Ft: 534
  • Total Below Grade Sq Ft: 534
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 507

Beds/Baths

  • Bedrooms: 3
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Off Street
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: ALEXANDRIA CITY PUBLIC SCHOOLS
  • Elementary School: JEFFERSON-HOUSTON
  • Middle School: GEORGE WASHINGTON
  • High School: ALEXANDRIA CITY
  • Elementary School Source: 3rd Party
  • High School Source: Listing Agent
  • Middle School Source: 3rd Party
  • School District Key: 121139111593
  • School District Source: 3rd Party
  • Elementary School: JEFFERSON-HOUSTON
  • High School: ALEXANDRIA CITY
  • Middle Or Junior School: GEORGE WASHINGTON

Green Features

  • Clean Green Assessed: No

Lot Info

  • Land Assessed Value: 415280.00
  • Land Use Code: 58
  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1873.00
  • Property Condition: Excellent
  • Year Assessed: 2022
  • Zoning: RB
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 18293712
  • Tax Annual Amount: 7363.00
  • Assessor Parcel Number: 10913000
  • Tax Lot: 18
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 11/10/2022

MLS Schools

  • School District Name: ALEXANDRIA CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2022
Closed on
Nov 10, 2022
Sold by
Collins Sarah S and Collins Ryan T
Bought by
Abbott Patrick Joseph and Do Kim Anh
Seller's Agent
Casey Shaw
Corcoran McEnearney
Buyer's Agent
Virginia Amos
Coldwell Banker Realty
List Price
$799,000
Sold Price
$799,000
Views
2
Current Estimated Value
$797,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,140
Avg. Annual Appreciation
-0.05%
Original Mortgage
$827,764
Outstanding Balance
$803,616
Interest Rate
6.92%
Mortgage Type
VA
Estimated Equity
-$5,756

Purchase Details

Listed on
Jun 14, 2018
Closed on
Jul 23, 2018
Sold by
Peterson Jordan and Peterson Robin C
Bought by
Collins Sarah S and Collins Ryan T
Seller's Agent
Sahar Anwar
Redfin Corporation
Buyer's Agent
Catherine Foltz
Coldwell Banker Realty
List Price
$659,000
Sold Price
$659,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.60%
Original Mortgage
$609,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 14, 2012
Closed on
Dec 21, 2012
Sold by
Downs Richard W
Bought by
Peterson Jordan and Peterson Robin C
Seller's Agent
Marcella Covarrubias
Compass
Buyer's Agent
Jonathan Steele
Long & Foster Real Estate, Inc.
List Price
$530,000
Sold Price
$530,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.96%
Original Mortgage
$477,000
Interest Rate
3.35%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 9, 2012
Closed on
Aug 20, 2012
Sold by
Fields Andrew W
Bought by
Downs Richard W
Seller's Agent
Cary Johnson
Long & Foster Real Estate, Inc.
Buyer's Agent
Marcella Covarrubias
Compass
List Price
$350,000
Sold Price
$350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
238.86%
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
Abbott Patrick Joseph $799,000 Commonwealth Land Title Insura
Collins Sarah S $659,000 Title Forward
Peterson Jordan $530,000 --
Downs Richard W $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abbott Patrick Joseph $827,764
Closed Abbott Patrick Joseph $827,764
Previous Owner Collins Sarah $586,000
Previous Owner Collins Sarah S $609,000
Previous Owner Peterson Jordan $477,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2022 11/10/22 Sold $799,000 0.0% $599 / Sq Ft
10/11/2022 10/11/22 Pending -- -- --
10/07/2022 10/07/22 For Sale $799,000 +21.2% $599 / Sq Ft
07/31/2018 07/31/18 Sold $659,000 0.0% $494 / Sq Ft
06/19/2018 06/19/18 Pending -- -- --
06/14/2018 06/14/18 For Sale $659,000 +24.3% $494 / Sq Ft
12/21/2012 12/21/12 Sold $530,000 0.0% $442 / Sq Ft
11/20/2012 11/20/12 Pending -- -- --
11/14/2012 11/14/12 For Sale $530,000 +51.4% $442 / Sq Ft
08/20/2012 08/20/12 Sold $350,000 0.0% $438 / Sq Ft
08/11/2012 08/11/12 Pending -- -- --
08/09/2012 08/09/12 For Sale $350,000 -- $438 / 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 $8,378 $742,444 $440,800 $301,644
2024 $8,378 $682,375 $415,280 $267,095
2023 $7,574 $682,375 $415,280 $267,095
2022 $7,574 $682,375 $415,280 $267,095
2021 $7,149 $644,095 $377,000 $267,095
2020 $7,394 $601,440 $348,000 $253,440
2019 $7,052 $624,026 $348,000 $276,026
2018 $6,464 $572,024 $319,000 $253,024
2017 $6,230 $551,292 $306,240 $245,052
2016 $5,592 $521,132 $276,080 $245,052
2015 $5,109 $489,826 $244,774 $245,052
2014 $4,939 $473,492 $226,265 $247,227
Source: Public Records

Agents Affiliated with this Home

  • Casey Shaw

    Seller's Agent in 2022

    Casey Shaw

    McEnearney Associates

    (479) 936-0129

    3 in this area

    20 Total Sales

    Casey Shaw
    Section Image
  • Virginia Amos

    Buyer's Agent in 2022

    Virginia Amos

    Coldwell Banker (NRT-Southeast-MidAtlantic)

    (703) 859-6362

    2 in this area

    22 Total Sales

    Virginia Amos
    Section Image

  • S

    Seller's Agent in 2018

    Sahar Anwar

    Redfin Corporation

    Sahar Anwar
    Section Image
  • Catherine Foltz

    Buyer's Agent in 2018

    Catherine Foltz

    Coldwell Banker (NRT-Southeast-MidAtlantic)

    (703) 626-6914

    1 in this area

    29 Total Sales

    Catherine Foltz
    Section Image
  • Cary Johnson

    Seller's Agent in 2012

    Cary Johnson

    Long & Foster

    (443) 604-0949

    35 Total Sales

    Cary Johnson
    Section Image
  • Marcella Covarrubias

    Seller's Agent in 2012

    Marcella Covarrubias

    Compass

    (703) 772-6569

    6 in this area

    66 Total Sales

    Marcella Covarrubias
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: VAAX2018022

Bright MLS

APN: 064.01-02-08

Virginia Alexandria County Alexandria 22314 Parker-Gray

507 N Payne St, Alexandria, VA

This home is located at 507 N Payne St, Alexandria, VA 22314 since 07 October 2022 and is currently estimated at $797,860, approximately $598 per square foot. This property was built in 1920. 507 N Payne St is a home located in Alexandria City with nearby schools including Jefferson-Houston Elementary School, Alexandria City High School, and Potomac Crescent Waldorf School.

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