NOT LISTED FOR SALE

Estimated Value: $53,344,560

2 Beds
776 Baths
1,005 Sq Ft
$53,079/Sq Ft Est. Value

About This Home

- *INCOME-RESTRICTED APARTMENT HOMES IN ALEXANDRIA, VA* -

Create your favorite memories at The Square at 511 Apartments! With affordable studio, one-bedroom, and two-bedroom apartments in an ideal location next to Four Mile Run and Arlington, The Square at 511 has the cosmopolitan features you love and the high-end amenities you crave. Your apartment home in Alexandria is spacious and designed with a large living area, perfect for entertaining. The fully equipped and modern kitchens feature stainless steel appliances and granite countertops, and plank flooring leads you through your renovated apartment plan. Select homes have stunning DC skyline and Potomac River views to take your apartment living experience to the next level. Within the community, fob-controlled building access, a fitness center, resident lounge with Wi-Fi, chic patio lounge, and so much more gives you that exclusive resort-style feel right at home. Pets love the oversized pet park, and cars love the covered parking available, too. These Four Mile Run apartments make it easy to live an active lifestyle and spend time in the great outdoors. You are never far from the best dining, shopping, and entertainment at The Square at 511 Apartments near Washington DC. With its proximity to Jefferson Davis Hwy and I-395, a The Square at 511 Apartments address makes the morning commute a breeze. A life of ease awaits at these Potomac West apartments in Alexandria. You can find luxury living right at home when you choose to live at The Square at 511 Apartments.

*Please note that income restrictions do apply to all homes. Please contact the leasing office for further information.*

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 9, 2022
Sold by
Park Vue Partners Llc
Bought by
Ahdc Four Mile Rd Llc
Current Estimated Value
$53,344,560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,444,752
Outstanding Balance
$47,770,354
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$5,574,206

Purchase Details

Closed on
Dec 14, 2018
Sold by
511 Four Mile Road Apartments Investors
Bought by
Park Vue Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,180,000
Interest Rate
4.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 30, 2011
Sold by
Portal Apartments Lp
Bought by
511 Four Mile Road Apartments
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Ahdc Four Mile Rd Llc $50,000,000 Waller Lansden Dortch & Davis
Park Vue Partners Llc $36,750,000 Attorney
511 Four Mile Road Apartments $29,750 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ahdc Four Mile Rd Llc $51,444,752
Previous Owner Park Vue Partners Llc $24,180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/04/2025 10/04/25 Off Market $1,299 -- --
08/08/2025 08/08/25 Price Changed $1,299 -8.6% $3 / Sq Ft
07/30/2025 07/30/25 Price Changed $1,421 +9.4% $3 / Sq Ft
02/06/2025 02/06/25 Price Changed $1,299 -8.6% $3 / Sq Ft
12/18/2024 12/18/24 Price Changed $1,421 +4.9% $3 / Sq Ft
08/07/2023 08/07/23 For Rent $1,354 0.0% --
07/03/2023 07/03/23 For Rent $1,354 0.0% --
06/14/2023 06/14/23 For Rent $1,354 0.0% --
06/07/2022 06/07/22 For Rent $1,354 0.0% --
05/18/2022 05/18/22 For Rent $1,354 -- --

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 $376,675 $30,223,000 $7,938,000 $22,285,000
2024 $376,675 $31,877,000 $7,938,000 $23,939,000
2023 $376,179 $33,890,000 $7,938,000 $25,952,000
2022 $363,592 $32,756,000 $7,938,000 $24,818,000
2021 $354,345 $31,923,000 $7,938,000 $23,985,000
2020 $346,244 $31,548,000 $7,938,000 $23,610,000
2019 $322,836 $28,569,600 $7,938,000 $20,631,600
2018 $319,349 $28,261,000 $7,938,000 $20,323,000
2017 $299,450 $26,500,000 $7,938,000 $18,562,000
2016 $251,994 $23,485,000 $7,938,000 $15,547,000
2015 $266,765 $25,576,700 $7,938,000 $17,638,700
2014 $271,180 $26,000,000 $7,938,000 $18,062,000
Source: Public Records

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