NOT LISTED FOR SALE

516 S Payne St Alexandria, VA 22314

Old Town Neighborhood

Estimated Value: $768,000 - $831,000

3 Beds
1.5 Baths
1,224 Sq Ft
$656/Sq Ft Est. Value

Last Sold November 21, 2012

Last sale price $465,000 $380 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $5,091/month

14 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • Upgraded Countertops
  • Colonial Architecture
  • No HOA
  • Crown Molding

About This Home

As of November 2012

IT'S BEAUTIFUL! Stylish renovated end unit townhouse ready for you! Remodeled kitchen and baths / refinished hardwoods and a finished lower level recreation room to spread out in! Excellent location...close to Old Town Alexandria / 495 / Metro! Spacious Yard! Quiet and Convenient! It's a TEN!

Last Agent to Sell the Property

Rebecca Cadigan

Spring Hill Real Estate, LLC. License #0225170050 Listed on: 08/24/2012

Spring Hill Real Estate, LLC.

Last Buyer's Agent

Chris Hayes

Corcoran McEnearney License #RS-0039346

Corcoran McEnearney

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $8,700

Year Built

  • Built in 1940

Lot Details

  • 3,001 Sq Ft Lot
  • 1 Common Wall
  • Property is in very good condition

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Crown Molding
  • Dining Area
  • Wood Flooring
  • Finished Basement
  • Rear Basement Entry
  • Dryer

Kitchen

  • Gas Oven or Range
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1.5 Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Cavalier Homes Subdivision

Listing and Financial Details

  • Tax Lot 504
  • Assessor Parcel Number 10510000

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,700

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1940
  • Remarks Public: IT'S BEAUTIFUL! Stylish renovated end unit townhouse ready for you! Remodeled kitchen and baths / refinished hardwoods and a finished lower level recreation room to spread out in! Excellent location...close to Old Town Alexandria / 495 / Metro! Spacious Yard! Quiet and Convenient! It's a TEN!
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Oven/Range - Gas, Refrigerator
  • Interior Amenities: Dining Area, Crown Moldings, Upgraded Countertops, Wood Floors, Floor Plan - Open
  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Rear Entrance, Fully Finished, Outside Entrance
  • Living Area Units: Square Feet
  • Street Number Modifier: 516

Beds/Baths

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

Exterior Features

  • Construction Materials: Brick
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Lot Info

  • Lot Size Acres: 0.07
  • Lot Size Area: 3001
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3001.00
  • Property Condition: Very Good
  • Zoning: RB

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 10510000
  • Tax Lot: 504
  • Tax Total Finished Sq Ft: 1224
  • Close Date: 11/21/2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2012
Closed on
Nov 13, 2012
Sold by
Green Succ Tr Elizabeth D
Bought by
Chaffey Timothy and Foss Suzanne
Seller's Agent
Rebecca Cadigan
Spring Hill Real Estate, LLC.
Buyer's Agent
Chris Hayes
Corcoran McEnearney
List Price
$479,900
Sold Price
$465,000
Premium/Discount to List
-$14,900
-3.1%
Current Estimated Value
$802,878

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$337,878
Avg. Annual Appreciation
4.36%
Original Mortgage
$417,000
Outstanding Balance
$290,212
Interest Rate
3.39%
Mortgage Type
New Conventional
Estimated Equity
$512,666
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
Chaffey Timothy $465,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chaffey Timothy $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2012 11/21/12 Sold $465,000 -3.1% $380 / Sq Ft
09/07/2012 09/07/12 Pending -- -- --
08/24/2012 08/24/12 For Sale $479,900 -- $392 / 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 $8,700 $746,445 $487,779 $258,666
2024 $8,700 $710,738 $464,551 $246,187
2023 $7,889 $710,738 $464,551 $246,187
2022 $7,889 $710,738 $464,551 $246,187
2021 $7,889 $710,738 $464,551 $246,187
2020 $7,715 $670,255 $434,159 $236,096
2019 $6,917 $612,100 $394,690 $217,410
2018 $6,559 $580,447 $375,895 $204,552
2017 $6,357 $562,546 $357,995 $204,551
2016 $5,750 $535,896 $340,993 $194,903
2015 $5,065 $485,571 $264,330 $221,241
2014 $4,999 $479,305 $251,743 $227,562
Source: Public Records

Agents Affiliated with this Home

  • Rebecca Cadigan

    Seller's Agent in 2012

    Rebecca Cadigan

    Spring Hill Real Estate, LLC.

    (703) 975-1763

    6 Total Sales

    Rebecca Cadigan
    Section Image
  • Chris Hayes

    Buyer's Agent in 2012

    Chris Hayes

    McEnearney Associates

    (703) 944-7737

    9 in this area

    97 Total Sales

    Chris Hayes
    Section Image
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Map

Source: Bright MLS

MLS Number: 1004133630

Bright MLS

APN: 074.03-08-34

Virginia Alexandria County Alexandria 22314 Old Town

516 S Payne St, Alexandria, VA

This home is located at 516 S Payne St, Alexandria, VA 22314 since 24 August 2012 and is currently estimated at $802,878, approximately $655 per square foot. This property was built in 1940. 516 S Payne St is a home located in Alexandria City with nearby schools including Lyles-Crouch Elementary, George Washington Middle School, and Alexandria City High School.

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