Seller's Agent in 2024
Samuel Sterling
TTR Sotheby's International Realty
(703) 508-0225
16 in this area
54 Total Sales
524 Gibbon St Alexandria, VA 22314
Old Town NeighborhoodEstimated Value: $1,217,000 - $1,323,985
2
Beds
2.5
Baths
2,046
Sq Ft
$618/Sq Ft
Est. Value
Highlights
- Gourmet Kitchen
- Open Floorplan
- Cathedral Ceiling
- Commercial Range
- Federal Architecture
- Wood Flooring
About This Home
As of February 2024Luxuriously Renovated Three-Level Home in Southeast Quadrant: Discover the epitome of elegance and modern convenience in this extensively renovated home, nestled in the sought-after southeast quadrant. Spanning over 2046 square feet across three levels, this residence is a masterpiece of design and craftsmanship.
Sophisticated Living Spaces: The main level boasts an open floor plan with soaring high ceilings, lustrous hardwood floors, refined crown molding, and sleek recessed lighting, creating an ambiance of understated luxury. The heart of this home is the sophisticated gourmet kitchen, equipped with custom maple cabinets, pristine quartz countertops, a stylish glass tile backsplash, and a top-of-the-line Wolfe range. The unique boomerang-shaped bar, adorned with a rare marble countertop, is perfect for casual dining and is complemented by a wine cooler and a spacious walk-in pantry. An advanced EWS whole house water filter system ensures purity and quality in every drop. The living room and dining area merge seamlessly, ideal for both intimate gatherings and grand entertaining. The wood-burning fireplace, flanked by doors that open to the charming patio, stands as a stunning focal point.
Work and Wellness at Home: The ground floor introduces a well-appointed home office, offering a serene environment for work and client meetings. Ascend to the third floor to find a private gym, fully equipped with CAT-5 wiring for your entertainment needs.
Luxurious Private Quarters: The upper level is dedicated to relaxation and rejuvenation, featuring a sumptuous owner's suite with a custom walk-in closet and a spa-like bathroom, complete with a jetted tub and steam shower. The suite is further enhanced by a gas-ready fireplace and dual Juliet balconies overlooking the patio. The adjoining bonus room can serve as an additional gym, sitting area, or office.
Effortless Comfort: Enjoy endless hot water thanks to the Rinnai tankless water heater. Storage is abundant, with a linen closet and additional closets in the gym. The second bedroom is spacious and includes an extra sleeping loft, perfect for guests.
Outdoor Oasis: Step outside to the private patio, an idyllic retreat for relaxation or hosting events, featuring a storage shed and a back gate leading to a pedestrian alley.
Prime Location: This home's location is unparalleled, with the Old Town waterfront, boutique shops, and gourmet restaurants just a short stroll away. Experience the perfect blend of luxury, comfort, and convenience in this exquisite home.
Last Agent to Sell the Property
(703) 508-0225 ssterling@ttrsir.com TTR Sotheby's International Realty Listed on: 01/10/2024
Last Buyer's Agent
(703) 628-2440 diann.carlson@gmail.com TTR Sotheby's International Realty License #0225060991
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $10,398
Year Built
- Built in 1840
Lot Details
- 1,064 Sq Ft Lot
- Historic Home
Parking
- On-Street Parking
Home Design
- Federal Architecture
- Slab Foundation
- Frame Construction
- Copper Roof
Interior Spaces
- 2,046 Sq Ft Home
- Property has 3 Levels
- Open Floorplan
- Built-In Features
- Crown Molding
- Cathedral Ceiling
- Ceiling Fan
- Skylights
- Recessed Lighting
- Wood Burning Fireplace
- Fireplace Mantel
- Gas Fireplace
- Window Treatments
- Entrance Foyer
- Living Room
- Dining Room
- Den
- Loft
- Bonus Room
- Wood Flooring
Kitchen
- Gourmet Kitchen
- Commercial Range
- Range Hood
- Microwave
- Ice Maker
- Dishwasher
- Stainless Steel Appliances
- Upgraded Countertops
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- En-Suite Primary Bedroom
- Walk-In Closet
- Whirlpool Bathtub
Laundry
- Laundry on upper level
- Dryer
- Washer
Outdoor Features
- Multiple Balconies
- Patio
- Shed
Schools
- Lyles-Crouch Elementary School
- George Washington Middle School
- T.C. Williams High School
Utilities
- Forced Air Heating and Cooling System
- Vented Exhaust Fan
- Water Treatment System
- Tankless Water Heater
- Natural Gas Water Heater
Community Details
- No Home Owners Association
- Old Town Subdivision
Listing and Financial Details
- Tax Lot S
- Assessor Parcel Number 11791100
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 10, 2024
Closed on
Feb 29, 2024
Sold by
Elsea John Peter
Bought by
Bishop Sharon D
Seller's Agent
Samuel Sterling
TTR Sotheby's International Realty
Buyer's Agent
Diann Hicks Carlson
TTR Sotheby's International Realty
List Price
$1,300,000
Sold Price
$1,300,000
Views
119
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$36,338
Avg. Annual Appreciation
-1.69%
Purchase Details
Closed on
May 17, 2021
Sold by
Elsea John Peter and Greene Shannon Elizabeth
Bought by
Elsea John Peter
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$742,500
Interest Rate
3.25%
Mortgage Type
New Conventional
Purchase Details
Listed on
May 1, 2020
Closed on
Jun 24, 2020
Sold by
Crawford Deborah Esteves and Crawford Robert D
Bought by
Elsea John Peter and Greene Shannon Elizabeth
Seller's Agent
Kerry Adams
Compass
Buyer's Agent
Samuel Sterling
TTR Sotheby's International Realty
List Price
$949,900
Sold Price
$950,000
Premium/Discount to List
$100
0.01%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.48%
Original Mortgage
$860,814
Interest Rate
3.2%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Jun 15, 1998
Sold by
Casey Karen
Bought by
Esteves + Deborah A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,150
Interest Rate
7.11%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 10, 1998
Sold by
Casey Karen
Bought by
Esteves Deborah A and Robert D Crawford
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,150
Interest Rate
7.11%
Mortgage Type
New Conventional
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bishop Sharon D | $1,300,000 | Commonwealth Land Title Insura | |
| Elsea John Peter | $855,205 | New Title Company Name | |
| Elsea John Peter | $950,000 | Champion Title & Stlmnts Inc | |
| Esteves + Deborah A | $284,000 | -- | |
| Esteves Deborah A | $284,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Elsea John Peter | $742,500 | |
| Previous Owner | Elsea John Peter | $860,814 | |
| Previous Owner | Esteves + Deborah A | $227,150 | |
| Previous Owner | Esteves Deborah A | $227,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/29/2024 02/29/24 | Sold | $1,300,000 | 0.0% | $635 / Sq Ft | |
| 02/09/2024 02/09/24 | Pending | -- | -- | -- | |
| 01/10/2024 01/10/24 | For Sale | $1,300,000 | +36.8% | $635 / Sq Ft | |
| 06/24/2020 06/24/20 | Sold | $950,000 | 0.0% | $464 / Sq Ft | View Prior Sale |
| 05/02/2020 05/02/20 | Pending | -- | -- | -- | |
| 05/01/2020 05/01/20 | For Sale | $949,900 | -- | $464 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $11,869 | $1,177,323 | $454,204 | $723,119 |
| 2024 | $11,869 | $989,934 | $454,204 | $535,730 |
| 2023 | $10,988 | $989,934 | $454,204 | $535,730 |
| 2022 | $9,989 | $899,941 | $412,913 | $487,028 |
| 2021 | $9,493 | $855,205 | $375,375 | $479,830 |
| 2020 | $9,022 | $764,993 | $341,250 | $423,743 |
| 2019 | $8,461 | $748,733 | $324,990 | $423,743 |
| 2018 | $7,994 | $707,445 | $300,000 | $407,445 |
| 2017 | $7,994 | $707,445 | $300,000 | $407,445 |
| 2016 | $7,591 | $707,445 | $300,000 | $407,445 |
| 2015 | $7,101 | $680,815 | $273,370 | $407,445 |
| 2014 | $6,965 | $667,797 | $260,352 | $407,445 |
Source: Public Records
Agents Affiliated with this Home
-
Samuel Sterling
-
Donna Mank
Seller Co-Listing Agent in 2024
Donna Mank
Compass
(202) 550-5617
17 in this area
123 Total Sales
-
Diann Hicks Carlson
Buyer's Agent in 2024
Diann Hicks Carlson
TTR Sotheby's International Realty
(703) 628-2440
43 in this area
59 Total Sales
-
Kerry Adams
Seller's Agent in 2020
Kerry Adams
Compass
(703) 587-7841
10 in this area
95 Total Sales
-
Dayna Blumel
Seller Co-Listing Agent in 2020
Dayna Blumel
Compass
(703) 597-2252
3 in this area
89 Total Sales
Map
Source: Bright MLS
MLS Number: VAAX2030150
APN: 080.02-03-11
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