NOT LISTED FOR SALE

540 Second St Unit 205 Alexandria, VA 22314

Old Town Neighborhood

Estimated Value: $1,228,000 - $1,344,049

2 Beds
2.5 Baths
1,769 Sq Ft
10,629 Sq Ft Lot

Last Sold September 22, 2023

Last sale price $1,275,000 $721 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $8,736/month

Highlights

  • Gourmet Kitchen
  • Open Floorplan
  • Wood Flooring
  • City View
  • Federal Architecture
  • Upgraded Countertops

About This Home

As of September 2023

Welcome to 540 Second Street #205 – a sanctuary of comfort nestled within the coveted community of Liberty Row, in historic Old Town Alexandria. This exquisite residence offers a harmonious blend of elegance and convenience, presenting a lifestyle that seamlessly intertwines modern living with timeless allure. Embrace the privilege of residing mere moments from the Potomac River waterfront. A beautiful scenic walking trail is a stunning canvas across all four seasons and the river's waters will become a tranquil haven for those seeking respite from the urban pulse. Step inside this captivating condo and be greeted by a thoughtfully designed layout adorned with impeccable details throughout. An abundant infusion of natural light bathes the interior, further accentuating the rich hardwood floors and a neutral palette that effortlessly accommodates any personal style. Discover a realm of refined comfort within the realm of 2 bedrooms and a versatile den, complemented by 2.5 meticulously appointed bathrooms. The heart of this home is the living room – a space that beckons you to unwind by the gas fireplace, surrounded by built-in shelves that stand as a testament to both form and function. French doors invite you to a private balcony, where contemplative moments and vibrant sunsets become part of your daily routine. Prepare culinary delights within the well-equipped kitchen, with granite counters, stainless steel appliances, and an abundance of storage space for all essentials. A grande primary bedroom awaits, offering a walk-in closet and an ensuite bath that epitomizes luxury. This haven of comfort ensures your mornings begin with a sense of tranquility and rejuvenation. Ease and convenience are seamlessly integrated into your lifestyle, courtesy of 2 generously sized and assigned underground parking spaces.
The allure of this residence extends beyond its walls, as trendy “main drag” King Street beckons – a vibrant avenue offering a plethora of dining and shopping options that cater to every palate and preference. Commute effortlessly to the heart of Washington, D.C., as the capital city lies a mere 20 minutes away, granting you access to the epicenter of culture and commerce. Relish a life free of maintenance concerns, as association fees envelop every aspect of your living experience, affording you the freedom to revel in the pleasures of Liberty Row. Experience the synergy of location, luxury, and lifestyle – a symphony orchestrated at 540 Second Street #205. Your next chapter awaits; seize the opportunity to make it truly extraordinary.

Last Agent to Sell the Property

Sue and Allison Goodhart

(703) 229-8935 contracts@thegoodhartgroup.com Compass License #0225025430 Listed on: 08/24/2023

Compass

Last Buyer's Agent

Lauren Bishop

(703) 549-9292 evan.lacopo@corcoranmce.com Corcoran McEnearney License #0225196839

Corcoran McEnearney

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,830

Year Built

  • Built in 2006

Lot Details

  • 10,629

HOA Fees

  • $731 Monthly HOA Fees

Parking

  • 2 Subterranean Spaces
  • Assigned parking located at #56 + 57
  • Garage Door Opener

Home Design

  • Federal Architecture
  • Entry on the 1st floor
  • Brick Exterior Construction
  • Masonry

Interior Spaces

  • 1,769 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Ceiling height of 9 feet or more
  • Recessed Lighting
  • Fireplace With Glass Doors
  • Fireplace Mantel
  • Gas Fireplace
  • Window Treatments
  • French Doors
  • Living Room
  • Dining Room
  • Den
  • Wood Flooring
  • City Views
  • Intercom
  • Stacked Washer and Dryer

Kitchen

  • Gourmet Kitchen
  • Built-In Self-Cleaning Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

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

Outdoor Features

  • Balcony

Schools

  • Jefferson-Houston Elementary And Middle School
  • Alexandria City High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 50715320

Community Details

Overview

  • Association fees include common area maintenance, custodial services maintenance, exterior building maintenance, insurance, lawn maintenance, management, sewer, snow removal, trash, water
  • Low-Rise Condominium
  • Liberty Row Community
  • Liberty Row Subdivision
  • Property Manager

Pet Policy

  • Dogs and Cats Allowed

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,830

Year Built

Built in 2006

Lot Details

10,629 Sq Ft Lot

HOA Fees

$731 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Federal
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-08-24
  • Year Built: 2006
  • Assigned Parking Space Numbers: 56 + 57
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Dryer - Front Loading, Intercom, Microwave, Oven - Self Cleaning, Oven - Wall, Refrigerator, Washer, Washer - Front Loading, Washer/Dryer Stacked
  • Entry Floor: 1
  • Flooring Type: Hardwood
  • Interior Amenities: Built-Ins, Crown Moldings, Dining Area, Elevator, Floor Plan - Open, Kitchen - Gourmet, Upgraded Countertops, Window Treatments, Wood Floors, Pantry, Primary Bath(s), Recessed Lighting, Soaking Tub, Walk-In Closet(s)
  • Fireplace Features: Fireplace - Glass Doors, Mantel(s), Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: French
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Den, Primary Bathroom, Full Bath
  • Basement: No
  • Total Sq Ft: 1769
  • Living Area Sq Ft: 1769
  • Price Per Sq Ft: 706.61
  • Above Grade Finished Sq Ft: 1769
  • 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, Masonry
  • Exterior Features: Sidewalks
  • View: City
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Assigned Spaces Count: 2
  • Garage: Yes
  • Parking Features: Assigned
  • Garage Features: Garage Door Opener, Underground
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

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: Yes
  • Condo Co-Op Fee: 731.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Elevator
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Custodial Services Maintenance, Ext Bldg Maint, Insurance, Lawn Maintenance, Management, Sewer, Snow Removal, Trash, Water
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: 3rd Party
  • Elementary School: JEFFERSON-HOUSTON
  • High School: ALEXANDRIA CITY
  • Middle Or Junior School: JEFFERSON-HOUSTON

Lot Info

  • Outdoor Living Structures: Balcony
  • Zoning: CD
  • Zoning Description: Commercial, Community Zone
  • In City Limits: Yes

Rental Info

  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 10830.00
  • Assessor Parcel Number: 50715320
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

MLS Schools

  • School District Name: ALEXANDRIA CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2023
Closed on
Sep 22, 2023
Sold by
Ketterer Juanico Juan A and Qu Maria
Bought by
Michael C Maibach Trust and Maibach
Seller's Agent
Sue and Allison Goodhart
Compass
Buyer's Agent
Lauren Bishop
Corcoran McEnearney
List Price
$1,250,000
Sold Price
$1,275,000
Premium/Discount to List
$25,000
2%
Views
25
Current Estimated Value
$1,306,262

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,262
Avg. Annual Appreciation
0.97%

Purchase Details

Closed on
Apr 11, 2006
Sold by
Liberty Row L Lc
Bought by
Ketterer Juan A and Quetglas Alonso

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.28%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Michael C Maibach Trust $1,275,000 Fidelity National Title
Ketterer Juan A $840,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ketterer Juan A $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/22/2023 09/22/23 Sold $1,275,000 +2.0% $721 / Sq Ft
08/24/2023 08/24/23 For Sale $1,250,000 -- $707 / Sq Ft
Source: Bright MLS

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 $13,602 $1,237,073 $475,892 $761,181
2024 $13,602 $1,190,646 $457,588 $733,058
2023 $11,536 $1,039,258 $397,903 $641,355
2022 $11,536 $1,039,258 $397,903 $641,355
2021 $10,803 $973,231 $371,872 $601,359
2020 $10,725 $945,685 $344,326 $601,359
2019 $10,686 $945,685 $344,326 $601,359
2018 $9,354 $827,767 $307,434 $520,333
2017 $9,091 $804,530 $298,479 $506,051
2016 $8,633 $804,530 $298,479 $506,051
2015 $8,391 $804,530 $298,479 $506,051
2014 $8,156 $781,972 $289,786 $492,186
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAAX2027128

Bright MLS

APN: 054.02-0A-2.205

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