NOT LISTED FOR SALE

Place One Condominium 5500 Holmes Run Pkwy Unit 1218 Alexandria, VA 22304

Landmark Neighborhood

Estimated Value: $241,000 - $262,000

1 Bed
1 Bath
680 Sq Ft
$369/mo HOA Fee

Last Sold October 13, 2021

Last sale price $219,000 $322 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,902/month

Highlights

  • Concierge
  • Eat-In Gourmet Kitchen
  • Wood Flooring
  • Fitness Center
  • Contemporary Architecture
  • Upgraded Countertops

About This Home

As of October 2021

Stunning 1bed/1bath unit flooded in natural light on 12th Floor of fabulous, amenity packed Place One Condo! Move-in ready and waiting to welcome the most discerning buyer. Hardwood floors in the open living/dining area and a cheerful stainless steel, granite kitchen sporting brand new white kitchen cabinets, stylish backsplash, stainless front load stacked washer/dryer and fridge make this lovely condo the ideal place to call home! Bright, airy and freshly painted throughout with plenty of living and storage space including a master walk-in closet. Low condo fee includes assigned garage parking, a shared storage bin on same floor as unit and all utilities! Modern lobby with 24 hour concierge; ample visitor parking;, metro bus at door; across from Holmes Run Park for biking and walking; minutes to I-395 and easy commute to DC, Old Town Alexandria, Pentagon - all combine to make this desirable property as convenient as it is attractive!

As for amenities at Place One - they are second to none! These include a large well-equipped fitness center (good enough to cancel your gym membership), a tennis court and an outdoor swimming pool long enough to swim laps. In season the pool deck offers plenty of beds for lounging and grills to enjoy a summer barbecue. Well maintained outdoor grounds include lots of cosy seating areas to spread out and relax.

Last Agent to Sell the Property

Marian Thompson

(703) 967-1796 marian.thompson@compass.com Compass License #SP98374203 Listed on: 09/11/2021

Compass

Last Buyer's Agent

Shawn Liu

(703) 762-6873 shawn_liu@msn.com W Realty & Services, Inc. License #0225249582

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,299

Year Built

  • Built in 1974

Lot Details

  • Property is in excellent condition

HOA Fees

  • $369 Monthly HOA Fees

Parking

  • Assigned parking located at #13
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Entry on the 12th floor
  • Masonry

Interior Spaces

  • 680 Sq Ft Home
  • Property has 1 Level
  • Chair Railings
  • Crown Molding
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Eat-In Gourmet Kitchen
  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Stacked Electric Washer and Dryer

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 038.03-0A-1218

Community Details

Overview

  • Association fees include air conditioning, common area maintenance, electricity, exterior building maintenance, gas, health club, heat, lawn care front, lawn care rear, lawn care side, lawn maintenance, management, parking fee, pool(s), recreation facility, reserve funds, sewer, water
  • High-Rise Condominium
  • Place One Condos
  • Place One Community
  • Place One Subdivision

Amenities

  • Concierge
  • Common Area
  • Community Library
  • Elevator
  • Community Storage Space

Recreation

Pet Policy

  • Pets allowed on a case-by-case basis
  • Pet Size Limit

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,299

Year Built

Built in 1974

Lot Details

0

HOA Fees

$369 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1974
  • Assigned Parking Space Numbers: 13
  • Automatically Close On Close Date: No
  • Remarks Public: Stunning 1bed/1bath unit flooded in natural light on 12th Floor of fabulous, amenity packed Place One Condo! Move-in ready and waiting to welcome the most discerning buyer. Hardwood floors in the open living/dining area and a cheerful stainless steel, granite kitchen sporting brand new white kitchen cabinets, stylish backsplash, stainless front load stacked washer/dryer and fridge make this lovely condo the ideal place to call home! Bright, airy and freshly painted throughout with plenty of living and storage space including a master walk-in closet. Low condo fee includes assigned garage parking, a shared storage bin on same floor as unit and all utilities! Modern lobby with 24 hour concierge; ample visitor parking;, metro bus at door; across from Holmes Run Park for biking and walking; minutes to I-395 and easy commute to DC, Old Town Alexandria, Pentagon - all combine to make this desirable property as convenient as it is attractive! As for amenities at Place One - they are second to none! These include a large well-equipped fitness center (good enough to cancel your gym membership), a tennis court and an outdoor swimming pool long enough to swim laps. In season the pool deck offers plenty of beds for lounging and grills to enjoy a summer barbecue. Well maintained outdoor grounds include lots of cosy seating areas to spread out and relax.
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Dryer - Electric, Dryer - Front Loading, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer, Washer - Front Loading, Washer/Dryer Stacked
  • Entry Floor: 12
  • Flooring Type: Hardwood
  • Interior Amenities: Chair Railings, Combination Dining/Living, Crown Moldings, Dining Area, Flat, Kitchen - Gourmet, Kitchen - Table Space, Tub Shower, Upgraded Countertops, Walk-In Closet(s), Wood Floors
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 680
  • Living Area Sq Ft: 680
  • Price Per Sq Ft: 330.88
  • Above Grade Finished Sq Ft: 680
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5500

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned
  • Garage Features: Covered Parking, Underground, Garage Door Opener
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 1

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
  • Sewer/Septic System: Private Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 369.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Place One
  • HOA Condo Co-Op Amenities: Common Grounds, Concierge, Elevator, Exercise Room, Extra Storage, Fitness Center, Library, Pool - Outdoor, Reserved/Assigned Parking, Security, Storage Bin, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Air Conditioning, Common Area Maintenance, Electricity, Ext Bldg Maint, Gas, Health Club, Heat, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Lawn Maintenance, Management, Parking Fee, Pool(s), Recreation Facility, Reserve Funds, Sewer, Water
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: In Ground, Lap/Exercise, Fenced

Schools

  • School District: ALEXANDRIA CITY PUBLIC SCHOOLS
  • School District Key: 121139111593
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 154838.00
  • Land Assessed Value: 48644.00
  • Land Use Code: 015
  • Property Condition: Excellent
  • Year Assessed: 2021
  • Zoning: RC
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: Yes
  • Pets: Case By Case Basis, Size/Weight Restriction
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 18281664
  • Tax Annual Amount: 2299.00
  • Assessor Parcel Number: 038.03-0A-1218
  • Tax Total Finished Sq Ft: 680
  • Tax Year: 2021
  • Close Date: 10/13/2021

MLS Schools

  • School District Name: ALEXANDRIA CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2021
Closed on
Oct 8, 2021
Sold by
Baptista May G
Bought by
Brien Kelley M O
Seller's Agent
Marian Thompson
Compass
Buyer's Agent
Shawn Liu
W Realty & Services, Inc.
List Price
$225,000
Sold Price
$219,000
Premium/Discount to List
-$6,000
-2.67%
Current Estimated Value
$248,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,706
Avg. Annual Appreciation
3.28%
Original Mortgage
$175,200
Outstanding Balance
$160,458
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$88,248

Purchase Details

Closed on
Jul 23, 2007
Sold by
Valencia Vilma
Bought by
Baptista May

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,200
Interest Rate
6.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2003
Sold by
Singer Maria
Bought by
Valencia Vilma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,700
Interest Rate
5.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 1999
Sold by
Crabtree Morris L
Bought by
Weigand Maria E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,650
Interest Rate
6.95%
Source: Public Records

Range of Values:

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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
Brien Kelley M O $219,000 Republic Title Inc
Baptista May $219,000 --
Valencia Vilma $110,000 --
Weigand Maria E $53,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brien Kelley M O $175,200
Closed Brien Kelley M O $175,200
Previous Owner Baptista May G $183,150
Previous Owner Baptista May $175,200
Previous Owner Valencia Vilma A $20,000
Previous Owner Valencia Vilma $106,700
Previous Owner Weigand Maria E $52,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2021 10/13/21 Sold $219,000 -2.7% $322 / Sq Ft
09/11/2021 09/11/21 For Sale $225,000 0.0% $331 / Sq Ft
03/24/2016 03/24/16 Rented $1,300 0.0% --
03/24/2016 03/24/16 Under Contract -- -- --
03/24/2016 03/24/16 For Rent $1,300 0.0% --
10/30/2015 10/30/15 Rented $1,300 0.0% --
10/30/2015 10/30/15 Under Contract -- -- --
10/30/2015 10/30/15 For Rent $1,300 -- --
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 $2,639 $246,485 $53,541 $192,944
2024 $2,639 $224,721 $52,108 $172,613
2023 $2,409 $217,036 $52,108 $164,928
2022 $2,343 $211,097 $50,590 $160,507
2021 $2,259 $203,482 $48,644 $154,838
2020 $2,209 $193,793 $46,328 $147,465
2019 $2,150 $190,252 $45,433 $144,819
2018 $2,063 $182,543 $44,109 $138,434
2017 $2,126 $188,106 $42,009 $146,097
2016 $2,018 $188,106 $42,009 $146,097
2015 $1,874 $179,650 $42,009 $137,641
2014 $1,832 $175,617 $42,009 $133,608
Source: Public Records

Agents Affiliated with this Home

  • Marian Thompson

    Seller's Agent in 2021

    Marian Thompson

    Compass

    (703) 967-1796

    1 in this area

    11 Total Sales

    Marian Thompson
    Section Image

  • S

    Buyer's Agent in 2021

    Shawn Liu

    W Realty & Services, Inc.

    (703) 762-6873

    1 in this area

    46 Total Sales

    Shawn Liu
    Section Image
  • Meghan Pachas

    Seller's Agent in 2016

    Meghan Pachas

    MAP Property Solutions, LLC.

    (703) 597-9273

    88 Total Sales

    Meghan Pachas
    Section Image
See All Agents

About Place One Condominium

Map

Source: Bright MLS

MLS Number: VAAX2003646

Bright MLS

APN: 038.03-0A-1218

Virginia Alexandria County Alexandria 22304 Landmark

5500 Holmes Run Pkwy Unit 1218, Alexandria, VA

This home is located at 5500 Holmes Run Pkwy Unit 1218, Alexandria, VA 22304 since 11 September 2021 and is currently estimated at $248,706, approximately $365 per square foot. This property was built in 1974. 5500 Holmes Run Pkwy Unit 1218 is a home located in Alexandria City with nearby schools including Patrick Henry Elementary School, Alexandria City High School, and Queen of Apostles Catholic School.

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