NOT LISTED FOR SALE

Estimated Value: $811,000 - $841,000

3 Beds
1.5 Baths
1,713 Sq Ft
$480/Sq Ft Est. Value

Last Sold December 02, 2022

Last sale price $689,000 $402 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $5,090/month

7 Days on Market

Highlights

  • Open Floorplan
  • Engineered Wood Flooring
  • Upgraded Countertops
  • Federal Architecture
  • No HOA
  • Skylights

About This Home

As of December 2022

This classic townhome at 518 S Payne Street is located in the Southwest Quadrant of historic Old Town. This charming area is close to restaurants, shops, parks, yoga studios, salons,Whole Foods and more. If commuting, it is convenient to King Street Metro and to the beltway. Open the wrought iron gate to access a well-maintained “courtyard” setting with a brick walkway that directs all to the new front door. Step over the threshold to behold an open living/dining room layout with warm wood floors, fresh neutral paint colors, crisp crown molding, and recessed lighting. The large front window bathes the space in natural light. The eat-in kitchen showcases new quartz countertops, a new refrigerator, and new dishwasher, ample cabinet storage, gas range, and walkout access to the backyard. Just beyond the kitchen is a hallway with custom shelves that leads to an updated half-bath or entry down to the lower level. The finished lower level is elevated by new floors and will become the perfect space to set up as a family room to kick back and relax. A large laundry room provides lots of storage space/options, as well as walk-up access to the backyard. The upper level is comprised of three comfortable bedrooms, all with new closet doors, that share a wonderfully renovated bathroom with a skylight. Outdoor space is highly coveted these days, and the private fenced backyard will be a wonderful retreat to entertain or let your four-legged friends run free safely. And the storage shed delivers an opportunity to stash away neatly any home improvement or lawn care items. All major systems (HVAC, Roof, HWH, Furnace, Windows) are under 10 years old. Don’t miss the opportunity! *See Floor Plans for estimated square footage.

Last Agent to Sell the Property

Sue and Allison Goodhart

Compass License #0225025430 Listed on: 10/21/2022

Compass

Last Buyer's Agent

Sue and Allison Goodhart

Compass License #0225025430 Listed on: 10/21/2022

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,721

Year Built

  • Built in 1940

Lot Details

  • 2,078 Sq Ft Lot
  • Property is Fully Fenced
  • Landscaped

Parking

  • On-Street Parking

Home Design

  • Federal Architecture
  • Brick Exterior Construction
  • Permanent Foundation

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Skylights
  • Recessed Lighting
  • Family Room
  • Combination Dining and Living Room

Kitchen

  • Eat-In Kitchen
  • Stove
  • Upgraded Countertops

Flooring

  • Engineered Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Walk-Up Access
  • Interior and Rear Basement Entry

Outdoor Features

  • Exterior Lighting
  • Storage Shed

Schools

  • Lyles-Crouch Elementary School
  • George Washington Middle School
  • Alexandria City High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Cavalier Homes Subdivision

Listing and Financial Details

  • Tax Lot 503
  • Assessor Parcel Number 10509500

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,721

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Federal
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1940
  • Automatically Close On Close Date: No
  • Remarks Public: This classic townhome at 518 S Payne Street is located in the Southwest Quadrant of historic Old Town. This charming area is close to restaurants, shops, parks, yoga studios, salons,Whole Foods and more. If commuting, it is convenient to King Street Metro and to the beltway. Open the wrought iron gate to access a well-maintained “courtyard” setting with a brick walkway that directs all to the new front door. Step over the threshold to behold an open living/dining room layout with warm wood floors, fresh neutral paint colors, crisp crown molding, and recessed lighting. The large front window bathes the space in natural light. The eat-in kitchen showcases new quartz countertops, a new refrigerator, and new dishwasher, ample cabinet storage, gas range, and walkout access to the backyard. Just beyond the kitchen is a hallway with custom shelves that leads to an updated half-bath or entry down to the lower level. The finished lower level is elevated by new floors and will become the perfect space to set up as a family room to kick back and relax. A large laundry room provides lots of storage space/options, as well as walk-up access to the backyard. The upper level is comprised of three comfortable bedrooms, all with new closet doors, that share a wonderfully renovated bathroom with a skylight. Outdoor space is highly coveted these days, and the private fenced backyard will be a wonderful retreat to entertain or let your four-legged friends run free safely. And the storage shed delivers an opportunity to stash away neatly any home improvement or lawn care items. All major systems (HVAC, Roof, HWH, Furnace, Windows) are under 10 years old. Don’t miss the opportunity! *See Floor Plans for estimated square footage.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dryer, Washer, Refrigerator, Stove
  • Flooring Type: Engineered Wood, Hardwood, Ceramic Tile
  • Interior Amenities: Built-Ins, Combination Dining/Living, Crown Moldings, Dining Area, Floor Plan - Open, Kitchen - Table Space, Recessed Lighting, Skylight(s), Tub Shower, Upgraded Countertops, Wood Floors
  • Fireplace: No
  • Foundation Details: Permanent
  • Levels Count: 2
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Laundry
  • Basement: Yes
  • Basement Type: Fully Finished, Heated, Interior Access, Rear Entrance, Walkout Stairs
  • Laundry Type: Has Laundry, Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1713
  • Living Area Sq Ft: 1713
  • Price Per Sq Ft: 603.33
  • Above Grade Finished Sq Ft: 1142
  • Below Grade Finished Sq Ft: 571
  • Total Below Grade Sq Ft: 571
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 518

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Storage Barn/Shed
  • Construction Materials: Brick Veneer
  • Exterior Features: Exterior Lighting, Sidewalks, Street Lights
  • 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, Heat Pump(s)
  • 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
  • Senior Community: No

Schools

  • School District: ALEXANDRIA CITY PUBLIC SCHOOLS
  • Elementary School: LYLES-CROUCH
  • Middle School: GEORGE WASHINGTON
  • High School: ALEXANDRIA CITY
  • Elementary School Source: 3rd Party
  • High School Source: Listing Agent
  • Middle School Source: 3rd Party
  • School District Key: 121139111593
  • School District Source: 3rd Party
  • Elementary School: LYLES-CROUCH
  • High School: ALEXANDRIA CITY
  • Middle Or Junior School: GEORGE WASHINGTON

Green Features

  • Clean Green Assessed: No

Lot Info

  • Fencing: Fully
  • Improvement Assessed Value: 232285.00
  • Land Assessed Value: 389291.00
  • Land Use Code: 58
  • Lot Features: Landscaping
  • Lot Size Acres: 0.05
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2078.00
  • Year Assessed: 2022
  • Zoning: RB
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 18294669
  • Tax Annual Amount: 6721.00
  • Assessor Parcel Number: 10509500
  • Tax Lot: 503
  • Tax Total Finished Sq Ft: 1224
  • Tax Data Updated: No
  • Tax Year: 2022
  • Close Date: 12/02/2022

MLS Schools

  • School District Name: ALEXANDRIA CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2022
Closed on
Nov 29, 2022
Sold by
Tyler Annette M
Bought by
Tagert Samantha and Mccarter Jonathan C
Seller's Agent
Sue and Allison Goodhart
Compass
Buyer's Agent
Sue and Allison Goodhart
Compass
List Price
$689,000
Sold Price
$689,000
Views
3
Current Estimated Value
$822,252

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,252
Avg. Annual Appreciation
6.54%
Original Mortgage
$665,350
Outstanding Balance
$646,047
Interest Rate
6.95%
Mortgage Type
VA
Estimated Equity
$176,205
Source: Public Records

Range of Values:

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Average Value
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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
Tagert Samantha $689,000 Monument Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tagert Samantha $665,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2022 12/02/22 Sold $689,000 0.0% $402 / Sq Ft
10/28/2022 10/28/22 Pending -- -- --
10/21/2022 10/21/22 For Sale $689,000 0.0% $402 / Sq Ft
08/29/2019 08/29/19 Rented $2,625 +1.9% --
08/20/2019 08/20/19 Price Changed $2,575 -4.6% $2 / Sq Ft
08/06/2019 08/06/19 For Rent $2,700 -- --
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 $8,510 $728,895 $408,756 $320,139
2024 $8,510 $693,985 $389,291 $304,694
2023 $6,956 $626,706 $389,291 $237,415
2022 $6,900 $621,576 $389,291 $232,285
2021 $6,900 $621,576 $389,291 $232,285
2020 $6,812 $586,588 $363,823 $222,765
2019 $6,055 $535,880 $330,748 $205,132
2018 $5,740 $507,998 $314,997 $193,001
2017 $5,571 $492,997 $299,998 $192,999
2016 $5,044 $470,081 $285,991 $184,090
2015 $4,875 $467,413 $258,446 $208,967
2014 $4,809 $461,079 $246,140 $214,939
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAAX2017456

Bright MLS

APN: 074.03-08-33