NOT LISTED FOR SALE

5079 Polk Ave Alexandria, VA 22304

Seminary Hill Neighborhood

Estimated Value: $630,000 - $778,000

1.4 Acres
$520,084 Price per Acre
60,984 Sq Ft Lot

Last Sold December 20, 2021

Last sale price $540,000 $319 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $4,484/month

145 Days on Market

Highlights

  • View of Trees or Woods
  • No HOA
  • Property is near a creek
  • 1.4 Acre Lot

About This Lot

As of December 2021

This is a rare opportunity to purchase 1.4 acres in the heart of Alexandria. This lot is also sited next to another one-acre lot for sale, providing the opportunity for even larger acreage. The property is set on a wonderful wooded block with many 2-3 million dollar homes nearby. The Shops at Foxchase are within walking distance and just a few minutes drive to 395, Reagan National Airport, Old Town, and Washington, DC.

Last Agent to Sell the Property

Sue and Allison Goodhart

Compass License #0225025430 Listed on: 06/28/2021

Compass

Last Buyer's Agent

Maria Smith

Arlington Realty, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,181

Lot Details

  • 1.4 Acre Lot
  • Property is zoned R 20

Schools

  • James K. Polk Elementary School
  • Francis C Hammond Middle School
  • Alexandria City High School

Additional Features

  • Views of Woods
  • Property is near a creek

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 501
  • Assessor Parcel Number 029.04-06-10

Property Details

Property Type

Land

Est. Annual Taxes

$10,181

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only, Residential
  • New Construction: No
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Remarks Public: This is a rare opportunity to purchase 1.4 acres in the heart of Alexandria. This lot is also sited next to another one-acre lot for sale, providing the opportunity for even larger acreage. The property is set on a wonderful wooded block with many 2-3 million dollar homes nearby. The Shops at Foxchase are within walking distance and just a few minutes drive to 395, Reagan National Airport, Old Town, and Washington, DC.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 11.45
  • Street Number Modifier: 5079

Exterior Features

  • Construction Completed: No
  • View: Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: ALEXANDRIA CITY PUBLIC SCHOOLS
  • Elementary School: JAMES K. POLK
  • Middle School: FRANCIS C HAMMOND
  • High School: ALEXANDRIA CITY
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121139111593
  • School District Source: Listing Agent
  • Elementary School: JAMES K. POLK
  • High School: ALEXANDRIA CITY
  • Middle Or Junior School: FRANCIS C HAMMOND

Lot Info

  • Additional Parcels: No
  • Improvement Assessed Value: 5000.00
  • Land Use Code: 022
  • Lot Size Acres: 1.40
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 61109.00
  • Possible Use: Residential
  • Year Assessed: 2021
  • Zoning: R 20
  • Farmland Preservation: No
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 18309631
  • Tax Annual Amount: 10181.00
  • Assessor Parcel Number: 029.04-06-10
  • Tax Lot: 501
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 12/20/2021

MLS Schools

  • School District Name: ALEXANDRIA CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2024
Sold by
Maria J Smith Living Trust
Bought by
Brian W Smith Trust and Smith
Current Estimated Value
$728,117

Purchase Details

Listed on
Jun 28, 2021
Closed on
Dec 13, 2021
Sold by
Pegram Land Company Llc
Bought by
Smith Maria J and Smith Brian W
Seller's Agent
Sue and Allison Goodhart
Compass
Buyer's Agent
Maria Smith
Arlington Realty, Inc.
List Price
$700,000
Sold Price
$540,000
Premium/Discount to List
-$160,000
-22.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.41%

Purchase Details

Closed on
Jun 27, 2008
Sold by
Trent Darrell M
Bought by
Pegram Land Co Llc
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
Brian W Smith Trust -- Fidelity National Title
Smith Maria J $540,000 Monument Title Co Inc
Pegram Land Co Llc $2,000,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2021 12/20/21 Sold $540,000 -22.9% $319 / Sq Ft
06/28/2021 06/28/21 For Sale $700,000 -- $413 / 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 $6,285 $584,227 $584,227 --
2024 $6,285 $553,770 $553,770 $5,000
2023 $6,147 $558,770 $553,770 $5,000
2022 $10,144 $545,000 $540,000 $5,000
2021 $10,001 $900,992 $895,992 $5,000
2020 $10,415 $900,992 $895,992 $5,000
2019 $10,181 $900,992 $895,992 $5,000
2018 $10,714 $948,149 $943,149 $5,000
2017 $10,714 $948,149 $943,149 $5,000
2016 $10,174 $948,149 $943,149 $5,000
2015 $9,332 $894,764 $889,764 $5,000
2014 $9,332 $894,764 $889,764 $5,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Buyer's Agent in 2021

    Maria Smith

    Arlington Realty, Inc.

    (703) 987-0954

    2 in this area

    5 Total Sales

    Maria Smith
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Map

Source: Bright MLS

MLS Number: VAAX2000636

Bright MLS

APN: 029.04-06-10

Virginia Alexandria County Alexandria 22304 Seminary Hill

5079 Polk Ave, Alexandria, VA

This home is located at 5079 Polk Ave, Alexandria, VA 22304 since 28 June 2021 and is currently estimated at $728,117, approximately $430 per square foot. 5079 Polk Ave is a home located in Alexandria City with nearby schools including James K. Polk Elementary School, Francis C. Hammond Middle, and Alexandria City High School.

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