NOT LISTED FOR SALE

515 N Washington St Unit 405 Alexandria, VA 22314

Old Town Neighborhood

Estimated Value: $1,467,000 - $1,598,000

2 Beds
2.5 Baths
1,687 Sq Ft
$1,067/mo HOA Fee

Last Sold February 25, 2022

Last sale price $1,475,000 $874 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $10,591/month

Highlights

  • New Construction
  • Clubhouse
  • Elevator
  • Colonial Architecture
  • Den
  • 1-minute walk to Portner Park

About This Home

As of February 2022

Luxury loft living in an unbeatable historic setting! Original exposed brick and iron beams give this historic residence its industrial loft design, accentuated by Bosch & Thermador appliances, hardwood floors and 18 ft ceilings! The penthouse unit features its own private balcony with views of the Potomac River, National Harbor, and the Masonic Temple. This unit conveys with two parking spaces included in the purchase price. Masonry Lofts is a pet-friendly building with its own park, a top-floor community room with Potomac River views, secured surface parking, and is located around the corner from Harris Teeter & Trader Joe's, only 4 blocks up from King Street's restaurants and shops. Schedule a private tour of this spectacular residence with unmatched historic details dating back to 1847!

Last Agent to Sell the Property

Hillary Curtin

(561) 313-6890 hillarybc724@gmail.com McWilliams/Ballard Inc. Listed on: 01/14/2022

McWilliams/Ballard Inc.

Last Buyer's Agent

MaryEllen Rotondo

(703) 472-5454 finelivingredetails@gmail.com Compass License #0225223477

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,887

Year Built

  • Built in 2021 | New Construction

Lot Details

  • Property is in excellent condition

HOA Fees

  • $1,067 Monthly HOA Fees

Home Design

  • Penthouse
  • Colonial Architecture
  • Entry on the 4th floor
  • Brick Exterior Construction

Interior Spaces

  • 1,687 Sq Ft Home
  • Property has 2 Levels
  • Den
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

Parking

  • Parking Lot
  • Surface Parking
  • 2 Assigned Parking Spaces
  • Secure Parking

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Home warranty included in the sale of the property

Community Details

Overview

  • Association fees include common area maintenance, custodial services maintenance, gas, management, snow removal, sewer, trash, water
  • 25 Units
  • Mid-Rise Condominium
  • Masonry Lofts Community
  • Old Town Alexandria Subdivision

Amenities

  • Picnic Area
  • Common Area
  • Clubhouse
  • Party Room
  • Elevator

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$16,887

Year Built

Built in 2021 | New Construction

Lot Details

0

HOA Fees

$1,067 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Colonial
  • Ownership: Condominium
  • Home Warranty: Yes
  • New Construction: Yes
  • Story List: Main, Upper 1
  • Year Built: 2021
  • Automatically Close On Close Date: Yes
  • Remarks Public: Luxury loft living in an unbeatable historic setting! Original exposed brick and iron beams give this historic residence its industrial loft design, accentuated by Bosch & Thermador appliances, hardwood floors and 18 ft ceilings! The penthouse unit features its own private balcony with views of the Potomac River, National Harbor, and the Masonic Temple. This unit conveys with two parking spaces included in the purchase price. Masonry Lofts is a pet-friendly building with its own park, a top-floor community room with Potomac River views, secured surface parking, and is located around the corner from Harris Teeter & Trader Joe's, only 4 blocks up from King Street's restaurants and shops. Schedule a private tour of this spectacular residence with unmatched historic details dating back to 1847!
  • Washer Dryer Hookups YN: Yes
  • Special Features: NewHome
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 4
  • Levels Count: 2
  • Room List: Den
  • Basement: No
  • Total Sq Ft: 1687
  • Living Area Sq Ft: 1687
  • Price Per Sq Ft: 889.09
  • Above Grade Finished Sq Ft: 1687
  • 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: Concrete, Brick
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned, Secure Parking, Surface
  • Type Of Parking: Parking Lot

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
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1067.19
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Club House, Common Grounds, Elevator, Party Room, Picnic Area
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Custodial Services Maintenance, Gas, Management, Snow Removal, Sewer, Trash, Water
  • HOA: No
  • Senior Community: No

Schools

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

Lot Info

  • Improvement Assessed Value: 6681000.00
  • Land Assessed Value: 3375000.00
  • Property Condition: Excellent
  • Year Assessed: 2021
  • In City Limits: Yes

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 18321652
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 02/25/2022

MLS Schools

  • School District Name: ALEXANDRIA CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2022
Closed on
Feb 25, 2022
Sold by
J River 51 N Washington Street Llc
Bought by
Vu Alice and Tamvakis Harry
Seller's Agent
Hillary Curtin
McWilliams/Ballard Inc.
Buyer's Agent
MaryEllen Rotondo
Compass
List Price
$1,499,900
Sold Price
$1,475,000
Premium/Discount to List
-$24,900
-1.66%
Current Estimated Value
$1,535,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,520
Avg. Annual Appreciation
1.12%
Original Mortgage
$975,000
Outstanding Balance
$907,083
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$628,437
Source: Public Records

Range of Values:

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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
Vu Alice $1,475,000 New Title Company Name
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vu Alice $975,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/25/2022 02/25/22 Sold $1,475,000 -1.7% $874 / Sq Ft
01/20/2022 01/20/22 Pending -- -- --
01/14/2022 01/14/22 For Sale $1,499,900 -- $889 / 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 $16,887 $1,508,400 $665,550 $842,850
2024 $16,887 $1,480,000 $652,500 $827,500
2023 $16,428 $1,480,000 $652,500 $827,500
2022 $16,095 $1,450,000 $652,500 $797,500
Source: Public Records

Agents Affiliated with this Home

  • Hillary Curtin

    Seller's Agent in 2022

    Hillary Curtin

    McWilliams/Ballard Inc.

    (561) 313-6890

    11 in this area

    13 Total Sales

    Hillary Curtin
    Section Image
  • MaryEllen Rotondo

    Buyer's Agent in 2022

    MaryEllen Rotondo

    Compass

    (703) 472-5454

    15 in this area

    50 Total Sales

    MaryEllen Rotondo
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: VAAX2004384

Bright MLS

APN: 064.02-2D-405

Virginia Alexandria County Alexandria 22314 Old Town

515 N Washington St Unit 405, Alexandria, VA

This home is located at 515 N Washington St Unit 405, Alexandria, VA 22314 since 14 January 2022 and is currently estimated at $1,535,520, approximately $910 per square foot. This property was built in 2021. 515 N Washington St Unit 405 is a home located in Alexandria City with nearby schools including Jefferson-Houston Elementary School, Alexandria City High School, and Potomac Crescent Waldorf School.

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