NOT LISTED FOR SALE

The Oronoco 601 N Fairfax St Unit 507 Alexandria, VA 22314

Old Town Neighborhood

Estimated Value: $2,248,000 - $2,370,328

2 Beds
2.5 Baths
2,429 Sq Ft
$1,653/mo HOA Fee

Last Sold April 28, 2021

Last sale price $1,900,000 $782 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $16,225/month

48 Days on Market

Highlights

  • Concierge
  • 24-Hour Security
  • Open Floorplan
  • Fitness Center
  • Water Oriented
  • 1-minute walk to Oronoco Bay Park

About This Home

As of April 2021

Exceptional residence in Old Town's signature condominium, The Oronoco. Over 2,400 square feet with family room off expansive kitchen, large open dining and living rooms, water views from balcony, 10" ceilings, walls of windows with open, flowing floor plan. Very large private storage room and 2 large garage spaces. 24 hour staffed lobby, ultra-high-level security, pool, outdoor viewing terrace with kitchen, gym, meeting rooms, kid's club room, dog-washing room, secure bicycle storage and many more amenities. The Oronoco is the iconic building situated on the Potomac river in Old Town Alexandria. Located 5 next the bike path, a few blocks to shopping and restaurants, and just 4 miles to Reagan National airport, 7 miles to the White House, 8 miles to the Capitol building, and just 5 miles to Amazons new HQ2. 2 garage parking spaces P105,P106. Large storage SPS13.

Last Agent to Sell the Property

Heather Corey

TTR Sotheby's International Realty License #0225194203 Listed on: 02/05/2021

TTR Sotheby's International Realty

Last Buyer's Agent

Kristen Jones

Compass License #0225227927

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $22,347

Year Built

  • Built in 2014

Lot Details

  • 1.57

HOA Fees

  • $1,653 Monthly HOA Fees

Parking

  • Electric Vehicle Home Charger
  • Parking Space Conveys

Home Design

  • Brick Exterior Construction
  • Masonry

Interior Spaces

  • 2,429 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • High Ceiling
  • Gas Fireplace
  • Window Treatments
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Kitchen Island

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • Soaking Tub

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Home Security

  • Exterior Cameras
  • Monitored

Accessible Home Design

  • Accessible Elevator Installed
  • Doors are 32 inches wide or more
  • No Interior Steps
  • Level Entry For Accessibility

Outdoor Features

  • Water Oriented
  • River Nearby

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Energy-Efficient Windows
  • Property is in excellent condition

Listing and Financial Details

  • Assessor Parcel Number 065.01-0A-507

Community Details

Overview

  • Association fees include pool(s), health club, recreation facility, gas, parking fee, water, trash, snow removal, reserve funds, common area maintenance, exterior building maintenance, management
  • 3 Elevators
  • Building Winterized
  • Mid-Rise Condominium
  • Oronoco Condominium Association Condos
  • Built by EYA
  • The Oronoco Community
  • The Oronoco Subdivision
  • Property Manager
  • Property has 6 Levels

Amenities

  • Concierge
  • Picnic Area
  • Clubhouse
  • Game Room
  • Party Room
  • Community Storage Space

Recreation

Pet Policy

  • Limit on the number of pets

Security

  • 24-Hour Security
  • Front Desk in Lobby
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$22,347

Year Built

Built in 2014

Lot Details

0

HOA Fees

$1,653 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Unit/Flat
  • Accessibility Features: Elevator, 32"+ Wide Doors, Level Entry - Main, No Stairs
  • Ownership: Condominium
  • Inclusions: Gas Fireplace, Built-in Microwave, Ceiling Fan, Clothes Dryer, Clothes Washer, Cooktop, Dishwasher, Disposer, Refrigerator, Wall Oven, Window Treatments
  • New Construction: No
  • Story List: Main
  • Year Built: 2014
  • Automatically Close On Close Date: No
  • Building Winterized: Yes
  • Remarks Public: Exceptional residence in Old Town's signature condominium, The Oronoco. Over 2,400 square feet with family room off expansive kitchen, large open dining and living rooms, water views from balcony, 10" ceilings, walls of windows with open, flowing floor plan. Very large private storage room and 2 large garage spaces. 24 hour staffed lobby, ultra-high-level security, pool, outdoor viewing terrace with kitchen, gym, meeting rooms, kid's club room, dog-washing room, secure bicycle storage and many more amenities. The Oronoco is the iconic building situated on the Potomac river in Old Town Alexandria. Located 5 next the bike path, a few blocks to shopping and restaurants, and just 4 miles to Reagan National airport, 7 miles to the White House, 8 miles to the Capitol building, and just 5 miles to Amazons new HQ2. 2 garage parking spaces P105,P106. Large storage SPS13.
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 5
  • Flooring Type: Hardwood
  • Interior Amenities: Family Room Off Kitchen, Kitchen - Island, Wet/Dry Bar, Window Treatments, Walk-In Closet(s), Soaking Tub, Kitchen - Eat-In, Floor Plan - Open
  • Window Features: Energy Efficient
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Elevators Count: 3
  • Wall Ceiling Types: High
  • Floors In Unit Count: 1
  • Levels Count: 6
  • Room Count: 6
  • Room List: Living Room, Dining Room, Kitchen, Family Room
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 2429
  • Living Area Sq Ft: 2429
  • Price Per Sq Ft: 802.80
  • Above Grade Finished Sq Ft: 2429
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 601

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: Masonry, Brick
  • Spa: No
  • Water Access: No
  • Water Body Name: Potomac River
  • Water Body Type: River
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: No
  • Parking Features: Electric Vehicle Charging Station(s), Parking Space Conveys
  • Garage Features: Underground
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: 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: 24 Hour Security, Desk In Lobby, Exterior Cameras, Fire Detection System, Monitored
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1653.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Oronoco Condominium Association
  • HOA Condo Co-Op Amenities: Concierge, Fitness Center, Party Room, Exercise Room, Extra Storage, Game Room, Pool - Outdoor, Picnic Area, Reserved/Assigned Parking, Club House, Security
  • HOA Condo Co-Op Fee Includes: Pool(s), Health Club, Recreation Facility, Gas, Parking Fee, Water, Trash, Snow Removal, Reserve Funds, Common Area Maintenance, Ext Bldg Maint, Management
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: Heated, In Ground

Schools

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

Lot Info

  • Improvement Assessed Value: 1211655.00
  • Land Assessed Value: 842675.00
  • Property Condition: Excellent
  • Year Assessed: 2021
  • Zoning: OCM(50)
  • In City Limits: Yes

Building Info

  • Builder Name: EYA

Rental Info

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

Tax Info

  • Assessor Parcel Number: 18321630
  • Tax Annual Amount: 22347.00
  • Assessor Parcel Number: 065.01-0A-507
  • Tax Total Finished Sq Ft: 2429
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 04/28/2021

MLS Schools

  • School District Name: ALEXANDRIA CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 22, 2021
Sold by
Field Andrea
Bought by
Field Andrea and The Andrea Field Trust
Current Estimated Value
$2,329,332

Purchase Details

Listed on
Feb 5, 2021
Closed on
Apr 17, 2021
Sold by
Nef Christine M and Nef Patricia A
Bought by
Field Andrea
Seller's Agent
Heather Corey
TTR Sotheby's International Realty
Buyer's Agent
Kristen Jones
Compass
List Price
$1,950,000
Sold Price
$1,900,000
Premium/Discount to List
-$50,000
-2.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.79%
Original Mortgage
$1,614,800
Outstanding Balance
$1,464,271
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$865,061
Source: Public Records

Range of Values:

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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
Field Andrea -- None Available
Field Andrea $1,900,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Field Andrea $1,614,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2021 04/28/21 Sold $1,900,000 -2.6% $782 / Sq Ft
03/25/2021 03/25/21 Pending -- -- --
02/05/2021 02/05/21 For Sale $1,950,000 -- $803 / 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 $22,864 $2,103,967 $985,354 $1,118,613
2024 $22,864 $2,006,636 $938,433 $1,068,203
2023 $21,051 $1,896,448 $885,314 $1,011,134
2022 $20,651 $1,860,440 $867,955 $992,485
2021 $22,803 $2,054,330 $842,675 $1,211,655
2020 $22,386 $1,977,625 $810,264 $1,167,361
2019 $21,514 $1,903,870 $779,100 $1,124,770
2018 $21,939 $1,941,500 $795,000 $1,146,500
2017 $21,939 $1,941,500 $795,000 $1,146,500
2016 $19,690 $1,835,000 $750,000 $1,085,000
2015 $19,139 $1,835,000 $750,000 $1,085,000
Source: Public Records

Agents Affiliated with this Home

  • Heather Corey

    Seller's Agent in 2021

    Heather Corey

    TTR Sotheby's International Realty

    (703) 989-1183

    53 in this area

    112 Total Sales

    Heather Corey
    Section Image
  • Kristen Jones

    Buyer's Agent in 2021

    Kristen Jones

    Compass

    (703) 952-0060

    74 in this area

    155 Total Sales

    Kristen Jones
    Section Image
See All Agents

About The Oronoco

Map

Source: Bright MLS

MLS Number: VAAX255430

Bright MLS

APN: 065.01-0A-507

Virginia Alexandria County Alexandria 22314 Old Town

601 N Fairfax St Unit 507, Alexandria, VA

This home is located at 601 N Fairfax St Unit 507, Alexandria, VA 22314 since 05 February 2021 and is currently estimated at $2,329,332, approximately $958 per square foot. This property was built in 2014. 601 N Fairfax St Unit 507 is a home located in Alexandria City with nearby schools including Jefferson-Houston Elementary School, Alexandria City High School, and Potomac Crescent Waldorf School.

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