NOT LISTED FOR SALE

540 Second St Unit 304 Alexandria, VA 22314

Old Town Neighborhood

Estimated Value: $1,068,000 - $1,143,262

2 Beds
2.5 Baths
1,485 Sq Ft
10,629 Sq Ft Lot

Last Sold May 02, 2014

Last sale price $705,000 $475 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $7,459/month

48 Days on Market

Highlights

  • Gourmet Kitchen
  • Traditional Architecture
  • Upgraded Countertops
  • Open Floorplan
  • Wood Flooring
  • Breakfast Area or Nook

About This Home

As of May 2014

Elegant Old Town condo w/ 2 spacious BRs (each with luxurious en suite bath), rich hardwood floors, LARGE gourmet kitchen, 2 sided gas FP, storage galore & covered balcony with courtyard views. Premier Old Town location, walking distance to the river, shops, restaurants, Trader Joe's & the upcoming Harris Teeter. All this plus only 1 light to DC. Hurry, Liberty Row condos are highly sought after!

Last Agent to Sell the Property

Jill von Herrmann

(202) 386-6330 jill@compassalx.com Compass License #0225185753 Listed on: 02/10/2014

Compass

Last Buyer's Agent

Mona Bekheet

(571) 386-1075 mbekrealtor@gmail.com Pearson Smith Realty, LLC License #0225185672

Pearson Smith Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,878

Year Built

  • Built in 2006

Lot Details

  • 10,629

HOA Fees

  • $630 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,485 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Fireplace With Glass Doors
  • Gas Fireplace
  • Window Treatments
  • Dining Area
  • Wood Flooring
  • Stacked Washer and Dryer

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom

Parking

  • 2 Subterranean Spaces
  • Parking Space Number Location: 58/59
  • Side Facing Garage
  • Garage Door Opener

Accessible Home Design

  • Doors with lever handles

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 50715360

Community Details

Overview

  • Moving Fees Required
  • Association fees include lawn maintenance, management, insurance, sewer, snow removal, trash, water
  • Low-Rise Condominium
  • Liberty Row Community
  • Liberty Row Subdivision
  • The community has rules related to recreational equipment, alterations or architectural changes, building or community restrictions, commercial vehicles not allowed, moving in times, no recreational vehicles, boats or trailers

Amenities

  • Common Area
  • Elevator

Pet Policy

  • Pets Allowed with Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,878

Year Built

Built in 2006

Lot Details

10,629 Sq Ft Lot

HOA Fees

$630 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional
  • Accessibility Features: Doors - Lever Handle(s)
  • Ownership: Condominium
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 2006
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Cooktop, Microwave, Oven - Wall, Refrigerator, Washer/Dryer Stacked, Washer, Dryer
  • Interior Amenities: Dining Area, Kitchen - Gourmet, Breakfast Area, Primary Bath(s), Built-Ins, Crown Moldings, Upgraded Countertops, Window Treatments, Wood Floors, Floor Plan - Open
  • Fireplace Features: Gas/Propane, Fireplace - Glass Doors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1485
  • Living Area Sq Ft: 1485
  • Price Per Sq Ft: 488.22
  • Above Grade Finished Sq Ft: 1485
  • 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
  • Construction Materials: Brick
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Garage, Assigned
  • Parking Space Number Assigned: 58/59
  • Garage Features: Garage Door Opener, Garage - Side Entry, Underground

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: 630.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Elevator
  • HOA Condo Co-Op Fee Includes: Lawn Maintenance, Management, Insurance, Sewer, Snow Removal, Trash, Water
  • HOA Condo Co-Op Rules: Moving Fees Required, Moving In Times, Commercial Vehicles Prohibited, Building Restrictions, Alterations/Architectural Changes, Pets - Allowed, Rv/Boat/Trail, Rec Equip, Restrictions
  • HOA: No

Lot Info

  • Zoning: CD
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 6878.49
  • Assessor Parcel Number: 50715360
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 15, 2018
Sold by
Bostian Richard M and Bostian Clara B
Bought by
Bostian Richard M and Bostian Clara B
Current Estimated Value
$1,111,066

Purchase Details

Listed on
Feb 10, 2014
Closed on
Apr 25, 2014
Sold by
Stout Steven R
Bought by
Bostian Richard M
Seller's Agent
Jill von Herrmann
Compass
Buyer's Agent
Mona Bekheet
Pearson Smith Realty, LLC
List Price
$725,000
Sold Price
$705,000
Premium/Discount to List
-$20,000
-2.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.90%
Original Mortgage
$250,000
Outstanding Balance
$188,228
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$922,838

Purchase Details

Listed on
Jun 14, 2013
Closed on
Aug 29, 2013
Sold by
Brock Kim
Bought by
Stout Steven R
Seller's Agent
Jo Erkiletian
Corcoran McEnearney
Buyer's Agent
Jill von Herrmann
Compass
List Price
$725,000
Sold Price
$700,000
Premium/Discount to List
-$25,000
-3.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.07%
Original Mortgage
$560,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 21, 2006
Sold by
Liberty Row L L C
Bought by
Kim Brock

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$447,930
Interest Rate
6.37%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bostian Richard M -- None Available
Bostian Richard M $705,000 --
Stout Steven R $700,000 --
Kim Brock $63,999,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bostian Richard M $250,000
Previous Owner Stout Steven R $560,000
Previous Owner Kim Brock $447,930
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/02/2014 05/02/14 Sold $705,000 -2.8% $475 / Sq Ft
03/30/2014 03/30/14 Pending -- -- --
02/10/2014 02/10/14 For Sale $725,000 +3.6% $488 / Sq Ft
08/30/2013 08/30/13 Sold $700,000 -2.1% $471 / Sq Ft View Prior Sale
08/10/2013 08/10/13 Pending -- -- --
07/11/2013 07/11/13 Price Changed $715,000 -1.4% $481 / Sq Ft
06/14/2013 06/14/13 For Sale $725,000 -- $488 / 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 $11,823 $1,074,056 $426,305 $647,751
2024 $11,823 $1,033,899 $409,909 $623,990
2023 $10,023 $902,955 $356,442 $546,513
2022 $10,023 $902,955 $356,442 $546,513
2021 $9,389 $845,847 $333,124 $512,723
2020 $9,318 $821,171 $308,448 $512,723
2019 $9,279 $821,171 $308,448 $512,723
2018 $8,132 $719,666 $275,400 $444,266
2017 $7,905 $699,578 $267,378 $432,200
2016 $7,506 $699,578 $267,378 $432,200
2015 $7,517 $720,746 $267,378 $453,368
2014 $7,308 $700,628 $259,591 $441,037
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1002835062

Bright MLS

APN: 054.02-0A-2.304

Your Personal Tour Guide

Ask me questions while you tour the home.