NOT LISTED FOR SALE

508 Gibbon St Alexandria, VA 22314

Old Town Neighborhood

Estimated Value: $755,000 - $865,000

2 Beds
1.5 Baths
1,400 Sq Ft
$572/Sq Ft Est. Value

Last Sold June 30, 2016

Last sale price $575,000 $411 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $4,857/month

Highlights

  • Colonial Architecture
  • Sun or Florida Room
  • Skylights
  • Traditional Floor Plan
  • No HOA
  • Chair Railings

About This Home

As of June 2016

Best value in OT.Check recent comps.Charming 1890s semi-D historic TH, SE quad close shops,restaurants.Open flplan kit/dining/family rooms open, priv fenced yard for entertaining & gardening.Custom built-ins wood floors freshly painted, skylights,bonus sunroom/office off MBR, LR original wood details. EZ parking,1400sf at this price! Needs some refreshing, bring contractor.

Last Agent to Sell the Property

Renee Reymond

(703) 683-0400 renee.reymond@longandfoster.com Long & Foster Real Estate, Inc. Listed on: 04/22/2016

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Michael Lekas

(703) 927-9895 mike.lekas@longandfoster.com Long & Foster Real Estate, Inc. License #0225058816

Long & Foster Real Estate, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,267

Year Built

  • Built in 1880

Lot Details

  • 1,102 Sq Ft Lot
  • 1 Common Wall
  • South Facing Home
  • Back Yard Fenced
  • Historic Home
  • Property is in very good condition

Home Design

  • Colonial Architecture
  • Wood Walls
  • Rubber Roof
  • Composite Building Materials

Interior Spaces

  • 1,400 Sq Ft Home
  • Property has 2 Levels
  • Traditional Floor Plan
  • Built-In Features
  • Chair Railings
  • Crown Molding
  • Paneling
  • Wainscoting
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Fireplace Mantel
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Sun or Florida Room

Kitchen

  • Electric Oven or Range
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • 1.5 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Parking Space Number Location: ST
  • On-Street Parking

Outdoor Features

  • Patio

Schools

  • Lyles-Crouch Elementary School
  • George Washington Middle School
  • Alexandria City High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Built by 18903 VICTORIAN LADY
  • Old Town Subdivision, 1890S Victorian Lady Floorplan

Listing and Financial Details

  • Tax Lot 501
  • Assessor Parcel Number 50046100

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,267

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic Designation ID: HISTORIC
  • Historic: Yes
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1880
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Electric, Refrigerator, Stove, Washer, Water Heater
  • Interior Amenities: Combination Kitchen/Dining, Built-Ins, Chair Railings, Crown Moldings, Wainscotting, Recessed Lighting, Floor Plan - Traditional
  • Window Features: Skylights
  • Fireplace Features: Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Wall Ceiling Types: 9'+ Ceilings, Paneled Walls, Wood Walls
  • Entry Location: Living Room
  • Levels Count: 2
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Kitchen, Family Room, Sun/Florida Room
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1400
  • Living Area Sq Ft: 1400
  • Price Per Sq Ft: 451.79
  • Above Grade Finished Sq Ft: 1400
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Composition
  • Exterior Features: Sidewalks
  • Pool Private: No
  • Roof: Rubber
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Space Number Assigned: ST
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas, Central
  • Heating Type: Central, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School: LYLES-CROUCH
  • High School: ALEXANDRIA CITY
  • Middle Or Junior School: GEORGE WASHINGTON

Lot Info

  • Fencing: Rear
  • Improvement Assessed Value: 318081.00
  • Land Assessed Value: 282794.00
  • Lot Size Acres: 0.03
  • Lot Size Area: 1102
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1102.00
  • Outdoor Living Structures: Patio(s)
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Zoning: RM
  • In City Limits: Yes

Building Info

  • Builder Name: 18903 VICTORIAN LADY

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 6267.13
  • Assessor Parcel Number: 50046100
  • Tax Lot: 501
  • Tax Year: 2015

MLS Schools

  • School District Name: ALEXANDRIA CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2016
Closed on
Jun 30, 2016
Sold by
Korky Ann K
Bought by
Vitale Robert and Vitale Jessica
Seller's Agent
Renee Reymond
Long & Foster Real Estate, Inc.
Buyer's Agent
Michael Lekas
Long & Foster Real Estate, Inc.
List Price
$632,500
Sold Price
$575,000
Premium/Discount to List
-$57,500
-9.09%
Current Estimated Value
$800,477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$225,477
Avg. Annual Appreciation
3.61%
Original Mortgage
$564,585
Outstanding Balance
$445,852
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$354,625

Purchase Details

Closed on
Jun 2, 1994
Sold by
Greenfield Nl
Bought by
Korky Ann K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,400
Interest Rate
8.49%
Source: Public Records

Range of Values:

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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
Vitale Robert $575,000 Attorney
Korky Ann K $248,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vitale Robert $564,585
Previous Owner Korky Ann K $198,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2016 06/30/16 Sold $575,000 -9.1% $411 / Sq Ft
05/18/2016 05/18/16 Pending -- -- --
04/22/2016 04/22/16 For Sale $632,500 -- $452 / 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 $8,004 $678,732 $454,204 $224,528
2024 $8,004 $649,446 $454,204 $195,242
2023 $7,209 $649,446 $454,204 $195,242
2022 $8,139 $733,284 $412,913 $320,371
2021 $7,670 $691,012 $375,375 $315,637
2020 $7,765 $653,762 $341,250 $312,512
2019 $7,204 $637,502 $324,990 $312,512
2018 $6,786 $600,492 $300,000 $300,492
2017 $6,786 $600,492 $300,000 $300,492
2016 $6,632 $618,081 $300,000 $318,081
2015 $6,267 $600,875 $282,794 $318,081
2014 $6,127 $587,409 $269,328 $318,081
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2016

    Renee Reymond

    Long & Foster

    Section Image
  • Michael Lekas

    Buyer's Agent in 2016

    Michael Lekas

    Long & Foster

    (703) 927-9895

    3 in this area

    34 Total Sales

    Michael Lekas
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1000511895

Bright MLS

APN: 080.02-03-05

Virginia Alexandria County Alexandria 22314 Old Town

508 Gibbon St, Alexandria, VA

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