NOT LISTED FOR SALE

The Henry 525 N Fayette St Unit 406 Alexandria, VA 22314

Parker-Gray Neighborhood

Estimated Value: $633,000 - $764,000

2 Beds
2 Baths
1,113 Sq Ft
$583/mo HOA Fee

Last Sold August 19, 2016

Last sale price $571,990 $514 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $4,965/month

60 Days on Market

Highlights

  • Concierge
  • Contemporary Architecture
  • Upgraded Countertops
  • Fitness Center
  • Wood Flooring
  • 1-minute walk to Braddock Interim Open Space

About This Home

As of August 2016

Gorgeous courtyard side 2 bedroom 2 bath Condo at the revitalized Henry Condominium. New Stranded Bamboo flooring throughout (except baths). New modern light fixtures. Fresh neutral paint throughout. Custom Closet built-ins. Custom pocket doors. New Stackable Full size LG Washer and Dryer. More upgrades.2 convenient garage parking spaces. Restaurants and metro almost at your door. EZ commuting.

Last Agent to Sell the Property

Brian Hong

Corcoran McEnearney License #0225167362 Listed on: 05/16/2016

Corcoran McEnearney

Last Buyer's Agent

Elizabeth Lucchesi

Long & Foster Real Estate, Inc. License #0225069250

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,673

Year Built

  • Built in 2008 | Remodeled in 2016

Lot Details

  • 0.74

HOA Fees

  • $583 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,113 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Window Treatments
  • Window Screens
  • Insulated Doors
  • Entrance Foyer
  • Combination Dining and Living Room
  • Utility Room
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2 Full Bathrooms
  • Dual Flush Toilets

Laundry

  • Laundry Room
  • Front Loading Dryer
  • ENERGY STAR Qualified Washer

Home Security

Parking

  • Parking Space Number Location: 170 1
  • Garage Door Opener
  • On-Street Parking
  • Rented or Permit Required

Outdoor Features

  • Outdoor Storage

Schools

  • Jefferson-Houston Elementary School
  • Alexandria City High School

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Underground Utilities
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Accessible Elevator Installed
  • ENERGY STAR Qualified Equipment
  • Property is in very good condition

Listing and Financial Details

  • Assessor Parcel Number 60013610

Community Details

Overview

  • Application Fee Required
  • Moving Fees Required
  • Association fees include cable TV, exterior building maintenance, high speed internet, lawn maintenance, management, insurance, parking fee, reserve funds, road maintenance, snow removal, trash
  • Mid-Rise Condominium
  • The Henry Subdivision, Chetworth I Floorplan
  • The Monarch Community
  • The community has rules related to alterations or architectural changes, antenna installations, commercial vehicles not allowed, moving in times, parking rules, no recreational vehicles, boats or trailers

Amenities

  • Concierge
  • Picnic Area
  • Common Area
  • Billiard Room
  • Meeting Room
  • Party Room

Recreation

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Security Service
  • Front Desk in Lobby
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,673

Year Built

Built in 2008 | Remodeled in 2016

Lot Details

0

HOA Fees

$583 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Contemporary
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main
  • Year Built: 2008
  • Year Renovated: 2016
  • Remarks Public: Gorgeous courtyard side 2 bedroom 2 bath Condo at the revitalized Henry Condominium. New Stranded Bamboo flooring throughout (except baths). New modern light fixtures. Fresh neutral paint throughout. Custom Closet built-ins. Custom pocket doors. New Stackable Full size LG Washer and Dryer. More upgrades.2 convenient garage parking spaces. Restaurants and metro almost at your door. EZ commuting.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Front Loading, Dual Flush Toilets, Energy Star Clothes Washer, Exhaust Fan, Icemaker, Microwave, Oven - Self Cleaning, Oven/Range - Gas, Refrigerator, Stove, Washer - Front Loading, Water Heater
  • Interior Amenities: Breakfast Area, Combination Dining/Living, Upgraded Countertops, Primary Bath(s), Window Treatments, Wood Floors, Recessed Lighting, Flat
  • Window Features: Double Pane, Screens
  • Fireplace: No
  • Door Features: Insulated
  • Wall Ceiling Types: Dry Wall
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Kitchen, Foyer, Laundry, Utility Room
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1113
  • Living Area Sq Ft: 1113
  • Price Per Sq Ft: 518.41
  • Above Grade Finished Sq Ft: 1113
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 525

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Exterior Features: Sidewalks, Secure Storage, Street Lights
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Garage, Rented/Permit Required, Rented/Permit Required
  • Parking Space Number Assigned: 170 1
  • Garage Features: Garage Door Opener, Underground
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C, Energy Star Cooling System
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Desk In Lobby, Sprinkler System - Indoor, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Under Ground, Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 582.91
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Billiard Room, Common Grounds, Concierge, Elevator, Extra Storage, Fitness Center, Meeting Room, Party Room, Picnic Area, Reserved/Assigned Parking, Security
  • HOA Condo Co-Op Fee Includes: Cable Tv, Ext Bldg Maint, High Speed Internet, Lawn Maintenance, Management, Insurance, Parking Fee, Reserve Funds, Road Maintenance, Snow Removal, Trash
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA Condo Co-Op Rules: Alterations/Architectural Changes, Antenna, Application Fee Required, Commercial Vehicles Prohibited, Elevator Use, Moving Fees Required, Moving In Times, Parking, Pets - Allowed, Pets - Size Restrict, Rv/Boat/Trail
  • HOA: No
  • Senior Community: No

Schools

  • School District: ALEXANDRIA CITY PUBLIC SCHOOLS
  • Elementary School: JEFFERSON-HOUSTON
  • High School: ALEXANDRIA CITY
  • School District Key: 121139111593
  • Elementary School: JEFFERSON-HOUSTON
  • High School: ALEXANDRIA CITY

Lot Info

  • Improvement Assessed Value: 388586.00
  • Land Assessed Value: 155296.00
  • Outdoor Living Structures: Balcony
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Year Assessed: 2015
  • Zoning: CRMU/H
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5672.69
  • Assessor Parcel Number: 60013610
  • Tax Total Finished Sq Ft: 1113
  • Tax Year: 2015
  • Close Date: 08/19/2016

MLS Schools

  • School District Name: ALEXANDRIA CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2016
Closed on
Aug 16, 2016
Sold by
Hong Brian S and Beamer Jery D
Bought by
Mckenzie Rachel M
Seller's Agent
Brian Hong
Corcoran McEnearney
Buyer's Agent
Elizabeth Lucchesi
Long & Foster Real Estate, Inc.
List Price
$576,990
Sold Price
$571,990
Premium/Discount to List
-$5,000
-0.87%
Current Estimated Value
$687,717

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,727
Avg. Annual Appreciation
2.08%
Original Mortgage
$428,990
Outstanding Balance
$344,296
Interest Rate
3.41%
Mortgage Type
New Conventional
Estimated Equity
$343,800

Purchase Details

Closed on
May 23, 2013
Sold by
Fayette Street Condos Llc
Bought by
Archbold Kenneth O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,868
Interest Rate
3.45%
Mortgage Type
VA

Purchase Details

Closed on
Oct 12, 2007
Sold by
Diamond Alexandria Llc
Bought by
Hong Brian and Beamer Jery

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.49%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Mckenzie Rachel M $571,990 Universal Title
Archbold Kenneth O $459,000 --
Hong Brian $653,262 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mckenzie Rachel M $428,990
Previous Owner Hong Brian S $368,500
Previous Owner Archbold Kenneth O $468,868
Previous Owner Hong Brian $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2016 08/19/16 Sold $571,990 -0.9% $514 / Sq Ft
07/18/2016 07/18/16 Pending -- -- --
07/06/2016 07/06/16 Price Changed $576,990 0.0% $518 / Sq Ft
07/06/2016 07/06/16 For Sale $576,990 +0.9% $518 / Sq Ft
06/20/2016 06/20/16 Off Market $571,990 -- --
05/18/2016 05/18/16 For Sale $585,000 +2.3% $526 / Sq Ft
05/16/2016 05/16/16 Off Market $571,990 -- --
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 $7,010 $627,020 $221,880 $405,140
2024 $7,010 $609,777 $215,418 $394,359
2023 $6,643 $598,507 $211,194 $387,313
2022 $6,643 $598,507 $211,194 $387,313
2021 $6,643 $598,507 $211,194 $387,313
2020 $6,388 $566,610 $199,240 $367,370
2019 $6,295 $557,122 $189,752 $367,370
2018 $6,295 $557,122 $189,752 $367,370
2017 $6,016 $532,372 $165,002 $367,370
2016 $5,608 $522,666 $155,296 $367,370
2015 $5,673 $543,882 $155,296 $388,586
2014 $5,190 $497,619 $141,178 $356,441
Source: Public Records

Agents Affiliated with this Home

  • Brian Hong

    Seller's Agent in 2016

    Brian Hong

    McEnearney Associates

    (703) 929-5764

    7 in this area

    45 Total Sales

    Section Image
  • Elizabeth Lucchesi

    Buyer's Agent in 2016

    Elizabeth Lucchesi

    Long & Foster

    (703) 868-5676

    6 in this area

    264 Total Sales

    Section Image
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About The Henry

Map

Source: Bright MLS

MLS Number: 1000513995

Bright MLS

APN: 064.01-0B-406

Virginia Alexandria County Alexandria 22314 Parker-Gray

525 N Fayette St Unit 406, Alexandria, VA

This home is located at 525 N Fayette St Unit 406, Alexandria, VA 22314 since 16 May 2016 and is currently estimated at $688,096, approximately $618 per square foot. This property was built in 2008. 525 N Fayette St Unit 406 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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