NOT LISTED FOR SALE

540 Second St Unit 403 Alexandria, VA 22314

Old Town Neighborhood

Estimated Value: $1,030,000 - $1,119,180

2 Beds
2.5 Baths
1,485 Sq Ft
$731/mo HOA Fee

Last Sold November 22, 2022

Last sale price $885,000 $596 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $7,673/month

32 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Balcony
  • Private Lot
  • Main Floor Bedroom
  • Built-In Features

About This Home

As of November 2022

Liberty Row is a distinctive community of luxury condos located in historic Old Town Alexandria.  This home is a charming blend of progress and tradition.  Elegant four-story brick façade in the style of classic historic town homes and is surrounded by graceful landscaped grounds professionally designed. This beautiful home is graciously appointed with updated stainless steel appliances, granite counters, custom backsplash, a counter top television. Plantation Shutters throughout.  Living room and dining  Room share a see-through gas fireplace; living room has built-in shelves which are equipped with wiring for a television.  The primary bedroom has lots of storage, a wall mounted television and ceiling fan. The bath has marble granite counters, custom marble tub surround and a walk-in shower with custom marble.  Bedroom #2 has custom built-ins, wall mounted television and could be also used as an den or office, lots of closet space and a full bath . There is a half bath off the entryway and a washer and dryer off the kitchen.  The balcony offers Peter Pan Views of the City. It is freshly painted and ready to move in and enjoy your new home. Just a short walk to Old Town shops, restaurants and galleries.  It is convenient to Metro, I-95, Route 50, and both Reagan National and Dulles International Airports, Mount Vernon, C&O canal bike trails and very convenient to Arlington, Pentagon and Amazon's new Headquarters (HQ2). It is approximately four blocks to the Potomac River and across the street from great shopping and dining.

Last Agent to Sell the Property

Klanci Vanderhyde

Corcoran McEnearney License #0225064375 Listed on: 09/23/2022

Corcoran McEnearney

Last Buyer's Agent

Christine Robinson

Corcoran McEnearney License #0225208505

Corcoran McEnearney

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,654

Year Built

  • Built in 2006

Lot Details

  • 10,629

HOA Fees

  • $731 Monthly HOA Fees

Parking

  • 2 Assigned Parking Garage Spaces
  • Assigned parking located at #F12 and F13
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 1,485 Sq Ft Home
  • Property has 1 Level
  • Built-In Features
  • Crown Molding
  • Ceiling Fan
  • Double Sided Fireplace
  • Gas Fireplace
  • Living Room
  • Dining Room
  • Wood Flooring
  • Basement
  • Garage Access
  • Intercom

Kitchen

  • Built-In Oven
  • Cooktop
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • Balcony
  • Property is in excellent condition
  • Urban Location

Listing and Financial Details

  • Assessor Parcel Number 50715400

Community Details

Overview

  • Association fees include all ground fee, common area maintenance, custodial services maintenance, exterior building maintenance, lawn care front, lawn care rear, lawn care side, lawn maintenance, management, sewer, snow removal, trash, water
  • Building Winterized
  • Low-Rise Condominium
  • Liberty Row Condos
  • Liberty Row Community
  • Liberty Row Subdivision
  • Property Manager

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,654

Year Built

Built in 2006

Lot Details

0

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: Colonial
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2006
  • Assigned Parking Space Numbers: F12 and F13
  • Automatically Close On Close Date: Yes
  • Building Winterized: Yes
  • Remarks Public: Liberty Row is a distinctive community of luxury condos located in historic Old Town Alexandria.  This home is a charming blend of progress and tradition.  Elegant four-story brick façade in the style of classic historic town homes and is surrounded by graceful landscaped grounds professionally designed. This beautiful home is graciously appointed with updated stainless steel appliances, granite counters, custom backsplash, a counter top television. Plantation Shutters throughout.  Living room and dining  Room share a see-through gas fireplace; living room has built-in shelves which are equipped with wiring for a television.  The primary bedroom has lots of storage, a wall mounted television and ceiling fan. The bath has marble granite counters, custom marble tub surround and a walk-in shower with custom marble.  Bedroom #2 has custom built-ins, wall mounted television and could be also used as an den or office, lots of closet space and a full bath . There is a half bath off the entryway and a washer and dryer off the kitchen.  The balcony offers Peter Pan Views of the City. It is freshly painted and ready to move in and enjoy your new home. Just a short walk to Old Town shops, restaurants and galleries.  It is convenient to Metro, I-95, Route 50, and both Reagan National and Dulles International Airports, Mount Vernon, C&O canal bike trails and very convenient to Arlington, Pentagon and Amazon's new Headquarters (HQ2). It is approximately four blocks to the Potomac River and across the street from great shopping and dining.
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Dishwasher, Disposal, Dryer, Icemaker, Oven - Wall, Refrigerator, Washer, Water Heater
  • Entry Floor: 4
  • Flooring Type: Hardwood
  • Interior Amenities: Ceiling Fan(s), Built-Ins, Crown Moldings, Elevator, Entry Level Bedroom, Pantry, Primary Bath(s), Wood Floors
  • Fireplace Features: Double Sided, Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Elevators Count: 1
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Bathroom 2, Primary Bathroom, Half Bath
  • Basement: Yes
  • Basement Type: Garage Access, Poured Concrete
  • Laundry Type: Main Floor, Washer In Unit, Dryer In Unit
  • Total Sq Ft: 1485
  • Living Area Sq Ft: 1485
  • Price Per Sq Ft: 616.16
  • Above Grade Finished Sq Ft: 1485
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 540

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
  • Road Surface Type: Black Top
  • Roof: Unknown
  • Spa: No
  • 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
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Parking Garage
  • Parking Garage Number Of Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Security: Intercom
  • 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
  • Condo Co-Op Name: Liberty Row
  • HOA Condo Co-Op Fee Includes: All Ground Fee, Common Area Maintenance, Custodial Services Maintenance, Ext Bldg Maint, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Lawn Maintenance, Management, Sewer, Snow Removal, Trash, Water
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: ALEXANDRIA CITY PUBLIC SCHOOLS
  • Elementary School: JEFFERSON-HOUSTON
  • Middle School: JEFFERSON-HOUSTON
  • High School: ALEXANDRIA CITY
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121139111593
  • School District Source: Listing Agent
  • Elementary School: JEFFERSON-HOUSTON
  • High School: ALEXANDRIA CITY
  • Middle Or Junior School: JEFFERSON-HOUSTON

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 555880.00
  • Land Assessed Value: 362474.00
  • Land Use Code: 14
  • Lot Features: Private
  • Outdoor Living Structures: Balcony
  • Property Condition: Excellent
  • Year Assessed: 2022
  • Zoning: CD
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Case By Case Basis, Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 18319052
  • Tax Annual Amount: 9654.00
  • Assessor Parcel Number: 50715400
  • Tax Data Updated: No
  • Tax Year: 2022
  • Close Date: 11/22/2022

MLS Schools

  • School District Name: ALEXANDRIA CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2022
Closed on
Nov 21, 2022
Sold by
Reamy Jeffrey Michael
Bought by
Krueger Linda
Seller's Agent
Klanci Vanderhyde
Corcoran McEnearney
Buyer's Agent
Christine Robinson
Corcoran McEnearney
List Price
$915,000
Sold Price
$885,000
Premium/Discount to List
-$30,000
-3.28%
Views
15
Current Estimated Value
$1,084,910

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,910
Avg. Annual Appreciation
7.69%
Original Mortgage
$708,000
Outstanding Balance
$682,475
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$400,070

Purchase Details

Listed on
Jun 24, 2013
Closed on
Jun 27, 2013
Sold by
Guiffre Joseph M
Bought by
Kiplinger Helen C and Reamy Jeffrey M
Seller's Agent
Susan Taylor
Corcoran McEnearney
Buyer's Agent
Jo Erkiletian
Corcoran McEnearney
List Price
$725,000
Sold Price
$725,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.14%

Purchase Details

Closed on
Oct 28, 2011
Sold by
Zucker Trustee Jere M and Zucker Family Living Trust
Bought by
Guiffre Joseph M

Purchase Details

Closed on
Apr 25, 2008
Sold by
Skelton Margaret
Bought by
Lynn Yvonne

Purchase Details

Closed on
Dec 4, 2006
Sold by
Liberty Row L L C
Bought by
Skelton Margaret A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,200
Interest Rate
6.13%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Krueger Linda $885,000 --
Kiplinger Helen C $725,000 --
Guiffre Joseph M $642,600 --
Lynn Yvonne $650,000 --
Skelton Margaret A $619,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Krueger Linda $708,000
Previous Owner Skelton Margaret Ann $495,200
Previous Owner Skelton Margaret Ann $61,900
Previous Owner Skelton Margaret A $405,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2022 11/22/22 Sold $885,000 -3.3% $596 / Sq Ft
09/23/2022 09/23/22 For Sale $915,000 +26.2% $616 / Sq Ft
06/28/2013 06/28/13 Sold $725,000 0.0% $488 / Sq Ft
06/24/2013 06/24/13 Pending -- -- --
06/24/2013 06/24/13 For Sale $725,000 -- $488 / Sq Ft
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 $12,024 $1,092,473 $433,519 $658,954
2024 $12,024 $1,051,608 $416,846 $634,762
2023 $10,194 $918,354 $362,474 $555,880
2022 $10,194 $918,354 $362,474 $555,880
2021 $9,549 $860,238 $338,761 $521,477
2020 $9,476 $835,145 $313,668 $521,477
2019 $9,437 $835,145 $313,668 $521,477
2018 $8,270 $731,839 $280,060 $451,779
2017 $8,039 $711,397 $271,903 $439,494
2016 $7,633 $711,397 $271,903 $439,494
2015 $7,645 $732,950 $271,903 $461,047
2014 $7,431 $712,476 $263,984 $448,492
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAAX2017510

Bright MLS

APN: 054.02-0A-2.403