NOT LISTED FOR SALE

540 Second St Unit 203 Alexandria, VA 22314

Old Town Neighborhood

Estimated Value: $1,043,000 - $1,161,445

2 Beds
2.5 Baths
1,487 Sq Ft
$701/mo HOA Fee

Last Sold November 16, 2020

Last sale price $855,000 $575 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $7,437/month

1 Day on Market

Highlights

  • Gourmet Kitchen
  • Wood Flooring
  • 2 Car Direct Access Garage
  • Colonial Architecture
  • Stainless Steel Appliances
  • 2 Assigned Subterranean Spaces

About This Home

As of November 2020

Located in sought-after Liberty Row, this two bedroom plus two and a half bath condo is pure perfection! Beautifully appointed and in immaculate condition, this luxury residence features a lovely archway in the entrance hall, hardwood floors, fine moldings, gas fireplace in living room and dining room, built-in cabinetry, spacious gourmet kitchen with stainless steel appliances & granite counters, and delightful porch for out door enjoyment. Underground parking spaces #41 & #42 convey. Do not convey: Dining room chandelier, corner cupboard in dining room, sconces in living room, front hallway chandelier, powder room ceiling fixture and wall plaques on porch. Broker Open House Tuesday October 13th 11:30am-1:00pm. Please come... you will love it!

Last Agent to Sell the Property

Donnan Wintermute

(703) 608-6868 donnanwintermute@aol.com Coldwell Banker Realty Listed on: 10/13/2020

Coldwell Banker Realty

Last Buyer's Agent

Lisa Groover

(703) 919-4426 lisagroover@mcenearney.com Corcoran McEnearney License #0225214782

Corcoran McEnearney

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,170

Year Built

  • Built in 2006

Lot Details

  • Sprinkler System
  • Property is in excellent condition

HOA Fees

  • $701 Monthly HOA Fees

Parking

  • 2 Assigned Subterranean Spaces
  • Basement Garage
  • Side Facing Garage
  • On-Street Parking
  • Parking Space Conveys
  • Secure Parking

Home Design

  • Colonial Architecture
  • Entry on the 2nd floor
  • Brick Exterior Construction

Interior Spaces

  • 1,487 Sq Ft Home
  • Property has 1 Level
  • Built-In Features
  • Crown Molding
  • Recessed Lighting
  • Fireplace With Glass Doors
  • Gas Fireplace
  • Double Pane Windows
  • Window Treatments
  • Living Room
  • Dining Room
  • Intercom

Kitchen

  • Gourmet Kitchen
  • Built-In Oven
  • Cooktop
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Exterior Lighting
  • Porch

Schools

  • Jefferson-Houston Elementary School
  • George Washington Middle School
  • Alexandria City High School

Utilities

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

Additional Features

  • Accessible Elevator Installed
  • Urban Location

Listing and Financial Details

  • Assessor Parcel Number 054.02-0A-2.203

Community Details

Overview

  • Association fees include water, common area maintenance, lawn maintenance, insurance, sewer, snow removal, trash
  • Low-Rise Condominium
  • Jeffrey Charles & Associates Condos
  • Liberty Row Community
  • Liberty Row Subdivision

Amenities

  • Common Area
  • Elevator

Security

  • Security Service
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,170

Year Built

Built in 2006

Lot Details

0

HOA Fees

$701 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Colonial
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 10/15/2020 12:00:00 AM
  • Federal Flood Zone: No
  • Year Built: 2006
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Icemaker, Intercom, Oven - Wall, Refrigerator, Stainless Steel Appliances, Washer
  • Entry Floor: 2
  • Flooring Type: Carpet, Hardwood
  • Interior Amenities: Built-Ins, Carpet, Crown Moldings, Dining Area, Elevator, Kitchen - Gourmet, Primary Bath(s), Recessed Lighting, Walk-In Closet(s), Window Treatments, Wood Floors
  • Window Features: Double Pane
  • Fireplace Features: Fireplace - Glass Doors, Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen
  • Basement: No
  • Laundry Type: Dryer In Unit, Main Floor, Washer In Unit
  • Total Sq Ft: 1487
  • Living Area Sq Ft: 1487
  • Price Per Sq Ft: 570.95
  • Above Grade Finished Sq Ft: 1487
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Exterior Lighting, Lawn Sprinkler, Sidewalks
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: No
  • Parking Features: Concrete Driveway, General Common Elements, Parking Space Conveys, Secure Parking, Under Home Parking
  • Garage Features: Basement Garage, Underground, Garage - Side Entry, Inside Access
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Garage, On Street
  • Parking Garage Number Of Spaces: 2

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 701.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Jeffrey Charles & Associates
  • HOA Condo Co-Op Amenities: Elevator, Common Grounds, Reserved/Assigned Parking, Security
  • HOA Condo Co-Op Fee Includes: Water, Common Area Maintenance, Lawn Maintenance, Insurance, Sewer, Snow Removal, Trash
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: JEFFERSON-HOUSTON
  • High School: ALEXANDRIA CITY
  • Middle Or Junior School: GEORGE WASHINGTON

Lot Info

  • Horses: No
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Excellent
  • Zoning: CD
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 9170.00
  • Assessor Parcel Number: 054.02-0A-2.203
  • Tax Year: 2020

MLS Schools

  • School District Name: ALEXANDRIA CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 12, 2024
Sold by
Kolson Jane B
Bought by
Jane B Kolson Trust and Kolson
Current Estimated Value
$1,101,861

Purchase Details

Listed on
Apr 1, 2013
Closed on
Jun 27, 2013
Sold by
Oetgen William J
Bought by
Eley Claud V S
Seller's Agent
Klanci Vanderhyde
Corcoran McEnearney
Buyer's Agent
Donnan Wintermute
Coldwell Banker Realty
List Price
$725,000
Sold Price
$695,000
Premium/Discount to List
-$30,000
-4.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.74%
Original Mortgage
$625,500
Interest Rate
3.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2006
Sold by
Liberty Row L L C
Bought by
Oetgen William J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.28%
Mortgage Type
New Conventional
Source: Public Records
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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
Jane B Kolson Trust -- None Listed On Document
Eley Claud V S $695,000 --
Oetgen William J $640,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Eley Claud V S $625,500
Previous Owner Oetgen William J $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/16/2020 11/16/20 Sold $855,000 +0.7% $575 / Sq Ft
10/15/2020 10/15/20 Pending -- -- --
10/13/2020 10/13/20 For Sale $849,000 +22.2% $571 / Sq Ft
06/27/2013 06/27/13 Sold $695,000 -4.1% $468 / Sq Ft View Prior Sale
06/01/2013 06/01/13 Pending -- -- --
04/01/2013 04/01/13 For Sale $725,000 +4.3% $488 / Sq Ft
04/01/2013 04/01/13 Off Market $695,000 -- --
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 $11,685 $1,061,398 $421,308 $640,090
2024 $11,685 $1,021,728 $405,104 $616,624
2023 $9,905 $892,372 $352,264 $540,108
2022 $9,905 $892,372 $352,264 $540,108
2021 $9,279 $835,955 $329,219 $506,736
2020 $9,210 $811,568 $304,832 $506,736
2019 $9,171 $811,568 $304,832 $506,736
2018 $8,038 $711,300 $272,172 $439,128
2017 $7,813 $691,457 $264,245 $427,212
2016 $7,419 $691,457 $264,245 $427,212
2015 $7,430 $712,363 $264,245 $448,118
2014 $7,223 $692,488 $256,548 $435,940
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAAX252144

Bright MLS

APN: 054.02-0A-2.203