$1,650,000
SOLD AUG 7, 2024

515 N Washington St Unit 401 Alexandria, VA 22314

Old Town Neighborhood
2 Beds
2.5 Baths
1,960 Sq Ft
$1,297/mo HOA Fee

Recently Sold

$842 Per Sq Ft

32 Days on Market

Highlights

  • Penthouse
  • Gourmet Kitchen
  • Open Floorplan
  • No Units Above
  • River View
  • 1-minute walk to Portner Park

About This Home

As of August 2024

Discover a rare gem in the heart of Old Town Alexandria, where history marries modern luxury. This captivating, historic building, dating back to the mid-1800s, has been meticulously restored and transformed into a boutique residential haven. The incomparable two-level penthouse loft is the crown jewel of this exquisite building, offering the largest and most functional footprint.

Step into the main level to find an open floor plan that encompasses the living room, dining room, and kitchen – a flowing and generous space designed for modern living and entertaining. Bathed in natural light from the high-lofted ceilings that create an airy, spacious ambiance, the penthouse features exposed brick walls and original wooden beams which add a touch of rustic charm, seamlessly blending the old with the new. The main level also features the well-appointed primary suite with a generous walk-in-closet and spa-inspired bathroom. Ascend to the upper level and discover a versatile loft workspace that overlooks the living area below. This elevated area is ideal for a home office, creative studio, or reading nook. With its open design, the loft benefits from the same abundance of natural light that graces the main level, creating an inspiring environment for work or leisure. The view from the loft space adds to the sense of connection and openness, making it a truly unique and functional feature of this exceptional penthouse loft. Abutting the open loft space is the second ensuite bedroom with a generous closet and full bathroom, offering a private retreat for guests.

Enjoy east-facing water views of the Potomac River and stunning sunrises from the comfort of your home. This residence comes with two dedicated parking spaces, including one equipped with an electric vehicle charger. Residents of Masonry Lofts can enjoy the top-floor lounge with kitchenette and adjacent community roof deck. Location is everything, and this property boasts unparalleled walkability. Stroll to nearby restaurants, shops, and enjoy being just a few blocks from the water. Experience the perfect blend of historic charm and modern convenience in this exceptional Old Town residence.

Last Agent to Sell the Property

Hugh McDermott

TTR Sotheby's International Realty Listed on: 06/14/2024

TTR Sotheby's International Realty

Co-Listed By

Jeff Wilson

TTR Sotheby's International Realty License #98739

Last Buyer's Agent

Heather Corey

TTR Sotheby's International Realty License #0225194203

TTR Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,570

Year Built

  • Built in 1790 | Remodeled in 2021

Lot Details

  • No Units Above
  • Historic Home

HOA Fees

  • $1,297 Monthly HOA Fees

Property Views

  • River
  • City

Home Design

  • Penthouse
  • Colonial Architecture
  • Brick Exterior Construction
  • Frame Construction

Interior Spaces

  • 1,960 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Beamed Ceilings
  • Brick Wall or Ceiling
  • Two Story Ceilings
  • Recessed Lighting
  • Wood Flooring

Kitchen

  • Gourmet Kitchen
  • Electric Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet
  • Soaking Tub

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • Assigned parking located at #12, 33
  • Electric Vehicle Home Charger
  • Parking Lot
  • Surface Parking
  • 2 Assigned Parking Spaces

Schools

  • Jefferson-Houston Elementary And Middle School
  • Alexandria City High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 60040600

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, gas, insurance, management, parking fee, trash, snow removal, water, lawn maintenance, reserve funds, sewer
  • 25 Units
  • Mid-Rise Condominium
  • Masonry Lofts Condos
  • Masonry Lofts Community
  • Old Town Alexandria Subdivision
  • Property Manager

Amenities

  • Common Area
  • Party Room
  • Elevator

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$16,570

Year Built

Built in 1790 | Remodeled in 2021

Lot Details

0

HOA Fees

$1,297 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Colonial, Loft
  • Ownership: Condominium
  • Exclusions: See "Information for Making an Offer" in Documents.
  • Historic: Yes
  • Inclusions: See "Information for Making an Offer" in Documents.
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2024-06-14
  • Year Built: 1790
  • Year Renovated: 2021
  • Assigned Parking Space Numbers: 12, 33
  • Automatically Close On Close Date: No
  • Remarks Public: Discover a rare gem in the heart of Old Town Alexandria, where history marries modern luxury. This captivating, historic building, dating back to the mid-1800s, has been meticulously restored and transformed into a boutique residential haven. The incomparable two-level penthouse loft is the crown jewel of this exquisite building, offering the largest and most functional footprint. Step into the main level to find an open floor plan that encompasses the living room, dining room, and kitchen – a flowing and generous space designed for modern living and entertaining. Bathed in natural light from the high-lofted ceilings that create an airy, spacious ambiance, the penthouse features exposed brick walls and original wooden beams which add a touch of rustic charm, seamlessly blending the old with the new. The main level also features the well-appointed primary suite with a generous walk-in-closet and spa-inspired bathroom. Ascend to the upper level and discover a versatile loft workspace that overlooks the living area below. This elevated area is ideal for a home office, creative studio, or reading nook. With its open design, the loft benefits from the same abundance of natural light that graces the main level, creating an inspiring environment for work or leisure. The view from the loft space adds to the sense of connection and openness, making it a truly unique and functional feature of this exceptional penthouse loft. Abutting the open loft space is the second ensuite bedroom with a generous closet and full bathroom, offering a private retreat for guests. Enjoy east-facing water views of the Potomac River and stunning sunrises from the comfort of your home. This residence comes with two dedicated parking spaces, including one equipped with an electric vehicle charger. Residents of Masonry Lofts can enjoy the top-floor lounge with kitchenette and adjacent community roof deck. Location is everything, and this property boasts unparalleled walkability. Stroll to nearby restaurants, shops, and enjoy being just a few blocks from the water. Experience the perfect blend of historic charm and modern convenience in this exceptional Old Town residence.
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Electric, Range Hood, Refrigerator, Stainless Steel Appliances, Washer
  • Entry Floor: 1
  • Flooring Type: Hardwood
  • Interior Amenities: Entry Level Bedroom, Exposed Beams, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Primary Bath(s), Wood Floors, Walk-In Closet(s), Upgraded Countertops, Soaking Tub, Recessed Lighting
  • Fireplace: No
  • Common Walls: No One Above
  • Wall Ceiling Types: 9'+ Ceilings, 2 Story Ceilings, Brick, Beamed Ceilings
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1960
  • Living Area Sq Ft: 1960
  • Price Per Sq Ft: 841.84
  • Above Grade Finished Sq Ft: 1960
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 515

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Electric Vehicle Charging Station(s), Surface, Assigned
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 2

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1296.64
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Masonry Lofts
  • HOA Condo Co-Op Amenities: Common Grounds, Elevator, Party Room, Reserved/Assigned Parking
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Gas, Insurance, Management, Parking Fee, Trash, Snow Removal, Water, Lawn Maintenance, Reserve Funds, Sewer
  • HOA: No
  • Senior Community: No

Schools

  • School District: ALEXANDRIA CITY PUBLIC SCHOOLS
  • Elementary School: JEFFERSON-HOUSTON
  • Middle School: JEFFERSON-HOUSTON
  • 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: JEFFERSON-HOUSTON
  • High School: ALEXANDRIA CITY
  • Middle Or Junior School: JEFFERSON-HOUSTON

Lot Info

  • Land Use Code: 15
  • Year Assessed: 2023
  • Zoning: UNK
  • In City Limits: Yes

Rental Info

  • Pets: Number Limit, Size/Weight Restriction
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 16570.00
  • Assessor Parcel Number: 60040600
  • Tax Total Finished Sq Ft: 1960
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 08/07/2024

MLS Schools

  • School District Name: ALEXANDRIA CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2024
Closed on
Aug 7, 2024
Sold by
Menores Properties Llc
Bought by
Whitehead Helen W and Salafia Louis V
Seller's Agent
Hugh McDermott
TTR Sotheby's International Realty
Buyer's Agent
Heather Corey
TTR Sotheby's International Realty
List Price
$1,650,000
Sold Price
$1,650,000
Total Days on Market
32
Views
153
Current Estimated Value
$1,606,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$43,144
Avg. Annual Appreciation
-3.07%
Original Mortgage
$850,000
Outstanding Balance
$844,154
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$762,702
Source: Public Records

Similar Homes in Alexandria, VA

  • 811 N Columbus St Unit 401, Alexandria, VA 22314

    $1,899,900

    • 3 Beds
    • 2.5 Baths
    • 1,707 Sq Ft
    • 811 N Columbus St
    • Unit 401
    • Alexandria, VA

    **Now Selling, nearly 50% sold!** Welcome to The Whitley, the newest condominium in the heart of Old Town, Alexandria. This sophisticated development stands out not only for its prime location, but also for its solid concrete and steel construction, and stunning amenities. The combination of modern materials and timeless design offers a seamless blend of luxury, comfort, and longevity. Inside,

    Inga Scobie McWilliams/Ballard Inc.

    Section Image
  • 811 N Columbus St Unit 501, Alexandria, VA 22314

    $1,629,900

    • 3 Beds
    • 2.5 Baths
    • 1,486 Sq Ft
    • 811 N Columbus St
    • Unit 501
    • Alexandria, VA

    **Now Selling, nearly 50% sold!** Welcome to The Whitley, the newest condominium in the heart of Old Town, Alexandria. This sophisticated development stands out not only for its prime location, but also for its solid concrete and steel construction, and stunning amenities. The combination of modern materials and timeless design offers a seamless blend of luxury, comfort, and longevity. Inside,

    Inga Scobie McWilliams/Ballard Inc.

    Section Image
  • 811 N Columbus St Unit 404, Alexandria, VA 22314

    $1,399,900

    • 2 Beds
    • 2 Baths
    • 1,369 Sq Ft
    • 811 N Columbus St
    • Unit 404
    • Alexandria, VA

    **Now Selling, already over 35% sold!** Welcome to The Whitley, the newest condominium in the heart of Old Town, Alexandria. This sophisticated development stands out not only for its prime location, but also for its solid concrete and steel construction, and stunning amenities. The combination of modern materials and timeless design offers a seamless blend of luxury, comfort, and longevity.

    Kate Hanley McWilliams/Ballard Inc.

    Section Image
  • 701 N Henry St Unit 500, Alexandria, VA 22314

    $1,575,955

    • 2 Beds
    • 2.5 Baths
    • 1,337 Sq Ft
    • 701 N Henry St
    • Unit 500
    • Alexandria, VA

    Be amongst the first to see these exclusive new residences! VIP hardhat tours are starting now! Penthouse 2br/2.5ba Open floorplan, large outdoor space and stunning views!"Situated in the heart of Old Town Alexandria, just two blocks from the Braddock Metro station and less than a mile from the Potomac River waterfront, The Aidan is a brand-new luxury condominium offering 94

    Chris Blakemore McWilliams/Ballard Inc.

    Section Image
  • 801 N Fairfax St Unit 409, Alexandria, VA 22314

    $1,325,000

    • 2 Beds
    • 2 Baths
    • 1,195 Sq Ft
    • 801 N Fairfax St
    • Unit 409
    • Alexandria, VA

    Welcome to Unit 409 at 801 North — a stunning top-floor 2-bedroom + den condo in a boutique building in the heart of Old Town’s vibrant Arts District. This spectacular residence features breathtaking panoramic views of the Potomac River through dramatic floor-to-ceiling Pella windows. Thoughtfully designed with luxury finishes and attention to detail, the home includes keyless entry,10-foot

    Betsy Gorman RLAH @properties

    Section Image
  • 801 N Fairfax St Unit 132, Alexandria, VA 22314

    $1,500,000

    • 4 Beds
    • 4 Baths
    • 1,674 Sq Ft
    • 801 N Fairfax St
    • Unit 132
    • Alexandria, VA

    Welcome to Unit 132 a luxury condo in the newer 801 North Fairfax Condominium!! Discover legendary luxury in this one of a kind, custom 4 bedroom, 4 bathroom contemporary condo in Old Town Alexandria that boasts an abundance of windows and soaring 14 foot ceilings giving it a feeling of spaciousness and light almost unprecedented in other condos. An open floor plan, spacious room sizes, on trend

    Christina Wood EXP Realty, LLC

    Section Image
  • 1201 N Royal St Unit 204, Alexandria, VA 22314

    $1,799,000

    • 2 Beds
    • 2.5 Baths
    • 1,783 Sq Ft
    • 1201 N Royal St
    • Unit 204
    • Alexandria, VA

    Stunning Residence! Premier building with concierge, building manager, and building engineer all on-site. This spacious unit is ADA-compliant with accessibility features. This new luxury building with river views, and many bldg amenities, is only blocks to the heart of Old Town. Two bedrooms, two and a half baths, and an additional den serves as an optional guest room or office. The primary

    Gina Baum KW Metro Center

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $1,650,000 Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $850,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2024 08/07/24 Sold $1,650,000 0.0% $842 / Sq Ft
07/17/2024 07/17/24 Pending -- -- --
06/14/2024 06/14/24 For Sale $1,650,000 0.0% $842 / Sq Ft
07/12/2019 07/12/19 Rented $5,675 +3.2% --
06/13/2019 06/13/19 For Rent $5,500 -- --
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
2024 $18,022 $1,580,000 $700,000 $880,000
2023 $17,538 $1,580,000 $700,000 $880,000
2022 $16,095 $1,450,000 $652,500 $797,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: VAAX2034838

Bright MLS

APN: 064.02-2D-401