NOT LISTED FOR SALE

605 Franklin St Alexandria, VA 22314

Old Town Neighborhood

Estimated Value: $1,564,962

3 Beds
1.5 Baths
2,090 Sq Ft
$749/Sq Ft Est. Value

Last Sold June 17, 2022

Last sale price $1,450,000 $694 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $9,593/month

Highlights

  • Colonial Architecture
  • No HOA
  • Level Entry For Accessibility
  • Wood Flooring
  • Home Security System
  • Forced Air Heating and Cooling System

About This Home

As of June 2022

Gorgeous 2,090 sq ft free standing building with dedicated parking available for sale or lease in the heart of the Southeast quadrant of Old Town Alexandria across from Balducci's. Will be delivered vacant and ready for you to put your stamp on the exclusive high end market surrounding this one of a kind property. Currently serving as a retail space for high-end design, there is also an option to convert the property back to residential usage.

Last Agent to Sell the Property

Allie Levy

Compass License #635317 Listed on: 03/30/2022

Compass

Last Buyer's Agent

datacorrect BrightMLS

Non Subscribing Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,503

Year Built

  • Built in 1954

Lot Details

  • 1,880 Sq Ft Lot
  • Property is in excellent condition
  • Property is zoned CL, Commercial or Residential

Parking

  • Parking Lot

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Copper Roof

Interior Spaces

  • 2,090 Sq Ft Home
  • Property has 3 Levels
  • Ceiling Fan
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms

Home Security

  • Home Security System
  • Fire and Smoke Detector

Accessible Home Design

  • Level Entry For Accessibility

Utilities

  • Forced Air Heating and Cooling System
  • 120/240V
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Old Town Alexandria Subdivision

Listing and Financial Details

  • Tax Lot 605
  • Assessor Parcel Number 11785000

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,503

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • Exclusions: Retail Merchandise excluded
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1954
  • Automatically Close On Close Date: Yes
  • Remarks Public: Gorgeous 2,090 sq ft free standing building with dedicated parking available for sale or lease in the heart of the Southeast quadrant of Old Town Alexandria across from Balducci's. Will be delivered vacant and ready for you to put your stamp on the exclusive high end market surrounding this one of a kind property. Currently serving as a retail space for high-end design, there is also an option to convert the property back to residential usage.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring Type: Hardwood
  • Foundation Details: Slab
  • Levels Count: 3
  • Room Count: 8
  • Basement: No
  • Total Sq Ft: 2090
  • Living Area Sq Ft: 2090
  • Price Per Sq Ft: 669.86
  • Above Grade Finished Sq Ft: 2090
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 605

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Road Surface Type: Black Top
  • Roof: Copper
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Electric Service: 120/240V
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Smoke Detector, Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

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: 314020.00
  • Land Assessed Value: 474606.00
  • Land Use Code: 34
  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1880.00
  • Property Condition: Excellent
  • Year Assessed: 2021
  • Zoning: CL
  • Zoning Description: Commercial or Residential
  • In City Limits: Yes

Rental Info

  • Lease Considered: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 18277182
  • Tax Annual Amount: 8503.00
  • Assessor Parcel Number: 11785000
  • Tax Lot: 605
  • Tax Year: 2021
  • Close Date: 06/17/2022

MLS Schools

  • School District Name: ALEXANDRIA CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2022
Closed on
Jul 8, 2022
Sold by
Mertins Helmut G and Mertins Amanda G
Bought by
605 Franklin Street
Seller's Agent
Allie Levy
Compass
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$1,400,000
Sold Price
$1,450,000
Premium/Discount to List
$50,000
3.57%
Current Estimated Value
$1,564,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,962
Avg. Annual Appreciation
2.39%
Original Mortgage
$1,160,000
Outstanding Balance
$1,106,898
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$458,385

Purchase Details

Listed on
Dec 11, 2012
Closed on
Mar 1, 2013
Sold by
Lords And Ladies Inc
Bought by
Mertens Helmut G
Seller's Agent
Barbara Baird
Samson Properties
Buyer's Agent
Melanie Trainer
Coldwell Banker Realty
List Price
$675,000
Sold Price
$662,500
Premium/Discount to List
-$12,500
-1.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.79%

Purchase Details

Closed on
Jul 25, 2003
Sold by
Parson Danny
Bought by
Lords And Ladies Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.27%
Mortgage Type
Construction
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
605 Franklin Street $1,450,000 Commonwealth Land Title
Mertens Helmut G $662,500 --
Lords And Ladies Inc $395,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 605 Franklin Street $1,160,000
Previous Owner Lords And Ladies Inc $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2022 06/17/22 Sold $1,450,000 +3.6% $694 / Sq Ft
03/30/2022 03/30/22 For Sale $1,400,000 +111.3% $670 / Sq Ft
03/01/2013 03/01/13 Sold $662,500 -1.9% $317 / Sq Ft
02/14/2013 02/14/13 Pending -- -- --
12/11/2012 12/11/12 For Sale $675,000 -- $323 / 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 $13,588 $1,227,773 $523,253 $704,520
2024 $13,588 $1,169,307 $498,336 $670,971
2023 $12,979 $1,169,307 $498,336 $670,971
2022 $8,754 $788,626 $474,606 $314,020
2021 $8,754 $788,626 $474,606 $314,020
2020 $9,429 $830,133 $474,606 $355,527
2019 $9,197 $813,856 $465,300 $348,556
2018 $9,197 $813,856 $465,300 $348,556
2017 $9,197 $813,856 $465,300 $348,556
2016 $7,431 $692,544 $343,988 $348,556
2015 $7,301 $700,000 $312,716 $387,284
2014 $7,301 $700,000 $312,716 $387,284
Source: Public Records

Agents Affiliated with this Home

  • Allie Levy

    Seller's Agent in 2022

    Allie Levy

    Compass

    (571) 224-5558

    2 in this area

    16 Total Sales

    Allie Levy
    Section Image
  • Barbara Baird

    Seller's Agent in 2013

    Barbara Baird

    Samson Properties

    (703) 980-7253

    Barbara Baird
    Section Image
  • Melanie Trainer

    Buyer's Agent in 2013

    Melanie Trainer

    Coldwell Banker (NRT-Southeast-MidAtlantic)

    (703) 447-5860

    1 Total Sale

    Melanie Trainer
    Section Image
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Map

Source: Bright MLS

MLS Number: VAAX2011200

Bright MLS

APN: 080.02-02-40

Virginia Alexandria County Alexandria 22314 Old Town

605 Franklin St, Alexandria, VA

This home is located at 605 Franklin St, Alexandria, VA 22314 since 30 March 2022 and is currently estimated at $1,564,962, approximately $748 per square foot. This property was built in 1954. 605 Franklin St is a home located in Alexandria City with nearby schools including Lyles-Crouch Elementary, George Washington Middle School, and Alexandria City High School.

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