NOT LISTED FOR SALE

540 Second St Unit 405 Alexandria, VA 22314

Old Town Neighborhood

Estimated Value: $1,219,000 - $1,419,258

2 Beds
2.5 Baths
1,769 Sq Ft
$665/mo HOA Fee

Last Sold November 29, 2016

Last sale price $919,000 $520 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $8,749/month

2 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • Breakfast Area or Nook
  • Colonial Architecture
  • Upgraded Countertops
  • Double Self-Cleaning Oven

About This Home

As of November 2016

Liberty Row's rarely available and most sought-after top-floor plan includes gorgeous oak wood floors throughout, custom built-in cabinetry in the living and family rooms, crown and chair moldings, large open kitchen with granite and stainless steel appliances, separate walk-in pantry, gas cooking, and breakfast bar. M/B w/luxurious bath, french doors, and walk-in closet. Plus 2 garage spaces.

Last Agent to Sell the Property

Don Lawrence

(703) 655-7444 don.lawrence@longandfoster.com Long & Foster Real Estate, Inc. Listed on: 10/11/2016

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Philip Matyas

(571) 332-0963 philipmatyas777@weichert.com Corcoran McEnearney

Corcoran McEnearney

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,856

Year Built

  • Built in 2006

Lot Details

  • Property is in very good condition

HOA Fees

  • $665 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,769 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Fireplace With Glass Doors
  • Fireplace Mantel
  • Gas Fireplace
  • Window Treatments
  • Family Room Off Kitchen
  • Dining Area
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Double Self-Cleaning Oven
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Subterranean Parking
  • Parking Space Number Location: 33,34
  • Garage Door Opener

Schools

  • Jefferson-Houston Elementary School
  • Alexandria City High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 50715420

Community Details

Overview

  • Association fees include lawn maintenance, insurance, parking fee, reserve funds, snow removal, trash, water
  • Low-Rise Condominium
  • Liberty Row Community
  • Liberty Row Subdivision
  • The community has rules related to covenants

Amenities

  • Common Area
  • Elevator

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,856

Year Built

Built in 2006

Lot Details

0

HOA Fees

$665 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Colonial
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 2006
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Icemaker, Microwave, Oven - Double, Oven - Self Cleaning, Refrigerator, Washer
  • Interior Amenities: Family Room Off Kitchen, Breakfast Area, Dining Area, Primary Bath(s), Built-Ins, Upgraded Countertops, Crown Moldings, Window Treatments, Elevator, Wood Floors, Floor Plan - Open
  • Fireplace Features: Gas/Propane, Fireplace - Glass Doors, Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1769
  • Living Area Sq Ft: 1769
  • Price Per Sq Ft: 519.50
  • 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
  • Construction Materials: Brick
  • 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
  • Parking Space Number Assigned: 33,34
  • Garage Features: Garage Door Opener, Underground

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • 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: 665.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Elevator
  • HOA Condo Co-Op Fee Includes: Lawn Maintenance, Insurance, Parking Fee, Reserve Funds, Snow Removal, Trash, Water
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA Condo Co-Op Rules: Covenants, Pets - Allowed
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School: JEFFERSON-HOUSTON
  • High School: ALEXANDRIA CITY

Lot Info

  • Improvement Assessed Value: 519174.00
  • Land Assessed Value: 306138.00
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Zoning: CD
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 8855.60
  • Assessor Parcel Number: 50715420
  • Tax Year: 2016

MLS Schools

  • School District Name: ALEXANDRIA CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2016
Closed on
Nov 29, 2016
Sold by
The David Thomas Macmillan Trust Establi
Bought by
Monier John Scott and Pudschun Jerrilynn
Seller's Agent
Don Lawrence
Long & Foster Real Estate, Inc.
Buyer's Agent
Philip Matyas
Corcoran McEnearney
List Price
$919,000
Sold Price
$919,000
Current Estimated Value
$1,332,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$413,815
Avg. Annual Appreciation
4.14%
Original Mortgage
$704,000
Outstanding Balance
$568,467
Interest Rate
3.52%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$764,348

Purchase Details

Closed on
Apr 5, 2006
Sold by
Liberty Row L L C
Bought by
Macmillan David T

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
6.28%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Monier John Scott $919,000 None Available
Macmillan David T $856,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Monier John Scott $704,000
Previous Owner Macmillan David T $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/29/2016 11/29/16 Sold $919,000 0.0% $520 / Sq Ft
10/13/2016 10/13/16 Pending -- -- --
10/11/2016 10/11/16 For Sale $919,000 -- $520 / 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 $13,956 $1,269,440 $488,103 $781,337
2024 $13,956 $1,221,768 $469,330 $752,438
2023 $11,836 $1,066,320 $408,113 $658,207
2022 $11,836 $1,066,320 $408,113 $658,207
2021 $11,084 $998,523 $381,414 $617,109
2020 $11,003 $970,270 $353,161 $617,109
2019 $10,964 $970,270 $353,161 $617,109
2018 $9,596 $849,171 $315,322 $533,849
2017 $9,326 $825,312 $306,138 $519,174
2016 $8,856 $825,312 $306,138 $519,174
2015 $8,608 $825,312 $306,138 $519,174
2014 $8,366 $802,148 $297,222 $504,926
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2016

    Don Lawrence

    Long & Foster

    Section Image

  • P

    Buyer's Agent in 2016

    Philip Matyas

    McEnearney Associates

    Section Image
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Map

Source: Bright MLS

MLS Number: 1000522217

Bright MLS

APN: 054.02-0A-2.405

Virginia Alexandria County Alexandria 22314 Old Town

540 Second St Unit 405, Alexandria, VA

Not Listed for Sale

Condos

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