$450,000
SOLD OCT 7, 2024

515 N Washington St Unit 204 Alexandria, VA 22314

Old Town Neighborhood
-- Bed
1 Bath
437 Sq Ft
$360/mo HOA Fee

Recently Sold

$1,030 Per Sq Ft

5% Below List Price

7 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • Community Center
  • Colonial Architecture
  • Upgraded Countertops
  • 1-minute walk to Portner Park

About This Home

As of October 2024

Discover an exceptional residence with parking in the vibrant heart of Old Town Alexandria. This Circa 1847 historic landmark, once the renowned Mount Vernon cotton factory, underwent a meticulous restoration in 2021. The distinctive loft, featuring a coveted deeded parking space, epitomizes Old Town charm with its awe-inspiring 12-foot ceilings, imposing steel I-beams, sturdy brick walls, rich wide plank wood floors, and expansive windows that bathe the space in abundant natural light. The sleek, contemporary kitchen, elegant custom window treatments with remote-controlled blackout shades, and a custom built luxurious walk-in closet are all thoughtfully designed to offer both convenience and style, perfectly complementing the loft’s dramatic and charismatic atmosphere. Building amenities include an upscale owner’s club room with a state-of-the-art catering kitchen, providing stunning panoramic views and access to a furnished balcony overlooking the serene Potomac River. Outdoor amenities extend to a private park with beautifully landscaped areas, inviting seating, a BBQ station, and a cozy fire pit. This unbeatable location is just half a block from Trader Joe’s, one metro stop from Reagan Airport (DCA), and conveniently close to everyday services, eclectic shopping, picturesque riverfront parks and trails, diverse restaurants, and Metro Stations. North Old own Alexandria at it’s best!

Last Agent to Sell the Property

Shannon Overmiller

Berkshire Hathaway HomeServices PenFed Realty License #0225257017 Listed on: 08/29/2024

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Victoria Kilcullen

Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,767

Year Built

  • Built in 1790 | Remodeled in 2021

HOA Fees

  • $360 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Frame Construction

Interior Spaces

  • 437 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Beamed Ceilings
  • Window Treatments
  • Wood Flooring

Kitchen

  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • Assigned parking located at #25
  • Parking Lot
  • Off-Street Parking
  • 1 Assigned Parking Space

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Energy-Efficient Appliances
  • Outdoor Grill
  • Property is in excellent condition

Listing and Financial Details

  • Assessor Parcel Number 60040490

Community Details

Overview

  • $350 Elevator Use Fee
  • Association fees include common area maintenance, lawn maintenance, snow removal, sewer, trash, water
  • Mid-Rise Condominium
  • Jeffrey Charles And Associates Condos
  • Old Town Alexandria Subdivision

Amenities

  • Common Area
  • Community Center
  • Elevator

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,767

Year Built

Built in 1790 | Remodeled in 2021

Lot Details

0

HOA Fees

$360 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Colonial
  • Ownership: Condominium
  • Historic: No
  • Inclusions: TV and parking spot
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-08-29
  • Federal Flood Zone: No
  • Year Built: 1790
  • Year Renovated: 2021
  • Assigned Parking Space Numbers: 25
  • Remarks Public: Discover an exceptional residence with parking in the vibrant heart of Old Town Alexandria. This Circa 1847 historic landmark, once the renowned Mount Vernon cotton factory, underwent a meticulous restoration in 2021. The distinctive loft, featuring a coveted deeded parking space, epitomizes Old Town charm with its awe-inspiring 12-foot ceilings, imposing steel I-beams, sturdy brick walls, rich wide plank wood floors, and expansive windows that bathe the space in abundant natural light. The sleek, contemporary kitchen, elegant custom window treatments with remote-controlled blackout shades, and a custom built luxurious walk-in closet are all thoughtfully designed to offer both convenience and style, perfectly complementing the loft’s dramatic and charismatic atmosphere. Building amenities include an upscale owner’s club room with a state-of-the-art catering kitchen, providing stunning panoramic views and access to a furnished balcony overlooking the serene Potomac River. Outdoor amenities extend to a private park with beautifully landscaped areas, inviting seating, a BBQ station, and a cozy fire pit. This unbeatable location is just half a block from Trader Joe’s, one metro stop from Reagan Airport (DCA), and conveniently close to everyday services, eclectic shopping, picturesque riverfront parks and trails, diverse restaurants, and Metro Stations. North Old own Alexandria at it’s best!
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Disposal, Dishwasher, Energy Efficient Appliances, Stainless Steel Appliances, Dryer, Washer
  • Entry Floor: 2
  • Flooring Type: Hardwood
  • Interior Amenities: Exposed Beams, Floor Plan - Open, Upgraded Countertops, Walk-In Closet(s), Window Treatments, Wood Floors
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 437
  • Living Area Sq Ft: 437
  • Price Per Sq Ft: 1086.73
  • Above Grade Finished Sq Ft: 437
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 515

Beds/Baths

  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Brick
  • Exterior Features: Bbq Grill
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street, Parking Lot
  • Parking Lot Number Of Spaces: 1

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 360.18
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Jeffrey Charles and Associates
  • Elevator Use Fee: 350.00
  • HOA Condo Co-Op Amenities: Common Grounds, Community Center, Elevator
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Lawn Maintenance, Snow Removal, Sewer, Trash, Water
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: ALEXANDRIA CITY PUBLIC SCHOOLS
  • School District Key: 121139111593
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 15
  • Lot Dimensions: 0.00 x 0.00
  • Property Condition: Excellent
  • Year Assessed: 2024
  • Zoning: RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4767.00
  • Assessor Parcel Number: 60040490
  • Tax Total Finished Sq Ft: 437
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 10/07/2024

MLS Schools

  • School District Name: ALEXANDRIA CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2024
Closed on
Oct 7, 2024
Sold by
Murphy James Evans
Bought by
Bond Ethan J
Seller's Agent
Shannon Overmiller
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Victoria Kilcullen
Long & Foster Real Estate, Inc.
List Price
$474,900
Sold Price
$450,000
Premium/Discount to List
-$24,900
-5.24%
Total Days on Market
7
Views
64
Current Estimated Value
$462,185

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,185
Avg. Annual Appreciation
3.05%
Original Mortgage
$405,000
Outstanding Balance
$391,692
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$70,493

Purchase Details

Listed on
Sep 9, 2022
Closed on
Jan 18, 2023
Sold by
Ruthe Ann Lloyd Revocable Trust
Bought by
Murphy James Evans
Seller's Agent
Fouad Talout
Long & Foster Real Estate, Inc.
Buyer's Agent
Shannon Overmiller
Berkshire Hathaway HomeServices PenFed Realty
List Price
$449,000
Sold Price
$429,000
Premium/Discount to List
-$20,000
-4.45%
Views
18

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.82%
Original Mortgage
$343,200
Interest Rate
6.33%
Mortgage Type
New Conventional
Source: Public Records

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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 Type Sale Price Title Company
Deed $450,000 Title Resources Guaranty
Deed $429,000 Home First Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $405,000 New Conventional
Previous Owner $343,200 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2024 10/07/24 Sold $450,000 -5.2% $1,030 / Sq Ft
09/06/2024 09/06/24 Pending -- -- --
08/29/2024 08/29/24 For Sale $474,900 +10.7% $1,087 / Sq Ft
01/17/2023 01/17/23 Sold $429,000 0.0% $982 / Sq Ft
10/31/2022 10/31/22 Price Changed $429,000 -4.5% $982 / Sq Ft
09/09/2022 09/09/22 For Sale $449,000 -- $1,027 / 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 $4,856 $427,800 $204,000 $223,800
2024 $4,856 $420,000 $200,000 $220,000
2023 $4,662 $420,000 $200,000 $220,000
2022 $3,885 $350,000 $157,500 $192,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAAX2037356

Bright MLS

APN: 064.02-2D-204