NOT LISTED FOR SALE

702 S Fayette St Unit 11 Alexandria, VA 22314

Old Town Neighborhood

Estimated Value: $316,000 - $350,000

1 Bed
1 Bath
646 Sq Ft
$418/mo HOA Fee

Last Sold June 14, 2024

Last sale price $329,000 $509 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,475/month

2 Days on Market

Highlights

  • Traditional Floor Plan
  • Wood Flooring
  • Family Room Off Kitchen
  • Traditional Architecture
  • Upgraded Countertops
  • Eat-In Kitchen

About This Home

As of June 2024

Welcome home! You’ll find tons of updates and in this charming corner condo coming soon in historic Old Town. Inside the freshly painted (2024) unit, discover an open and spacious living and dining room with newly refinished original hardwood floors (2024) and tons of natural lighting. Continue into the sizable light-filled kitchen and you’ll find sleek granite countertops, a classic subway tile backsplash, a newer refrigerator (2022), and brand new dishwasher, range, faucet and drain (2024). Down the hall, the peaceful bedroom includes the same beautiful wood floors and a large closet. The updated bathroom features a new vanity and faucet (2024) and a ceramic tile tub surround with new modern fixtures (2024). As part of the unit’s refresh, all plumbing shut-off valves have been replaced (2024), the bathtub has been recently reglazed (2024), and all light fixtures are brand new (2024). In addition to the 4 closets in the unit, a storage unit and secure bike storage room are available in the building. Outside, the community boasts picturesque professional landscaping and plenty of peaceful green space. Off street parking is available in an adjacent surface lot, with plenty of free street parking for visitors. While the unit and community itself are lovely, this unique location in Old Town Alexandria can’t be beat! With no through traffic you’ll enjoy the peace and seclusion of the suburbs - while conveniently located only half a mile from lively King Street. One block away is the Lee Rec Center with playgrounds, sports courts and fields, and a grilling area. Plus you’ll be just minutes to Balducci’s, Harris Teeter, Trader Joe’s, Murphy’s Irish Pub and countless other restaurants, Hooffs Run Park, Mt. Vernon Trail, Del Ray, Potomac Yards, National Harbor, Hoffman Center, Oswald Durant Center and Old Town Pool, The Pentagon, and Amazon HQ2. Commuting is a breeze, with VRE and both King Street and Braddock Road Metro Stations less than a mile away, plus a free DASH bus right outside that leads to the Potomac Yard Metro Station. Quick access to DCA, Duke Street, Route 1, and I-495. Schedule a private tour of your new home today and be in the heart of it all!

Last Agent to Sell the Property

Ellie Sweet

KW Metro Center License #0225266518 Listed on: 05/16/2024

KW Metro Center

Last Buyer's Agent

Bart Chamberlin

Coldwell Banker Realty License #656902

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,637

Year Built

  • Built in 1950

Lot Details

  • Property is in very good condition

HOA Fees

  • $418 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 646 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Window Treatments
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Stove
  • Dishwasher
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Parking

  • On-Street Parking
  • Parking Lot

Schools

  • Lyles-Crouch Elementary School
  • George Washington Middle School
  • Alexandria City High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 50652170

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, lawn maintenance, management, sewer, snow removal, water, trash
  • Low-Rise Condominium
  • Fayette Court Condiminium Condos
  • Fayette Court Community
  • Fayette Court Subdivision
  • Property Manager

Amenities

  • Laundry Facilities
  • Community Storage Space

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,637

Year Built

Built in 1950

Lot Details

0

HOA Fees

$418 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional
  • Ownership: Condominium
  • Inclusions: Storage Unit
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-05-16
  • Year Built: 1950
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome home! You’ll find tons of updates and in this charming corner condo coming soon in historic Old Town. Inside the freshly painted (2024) unit, discover an open and spacious living and dining room with newly refinished original hardwood floors (2024) and tons of natural lighting. Continue into the sizable light-filled kitchen and you’ll find sleek granite countertops, a classic subway tile backsplash, a newer refrigerator (2022), and brand new dishwasher, range, faucet and drain (2024). Down the hall, the peaceful bedroom includes the same beautiful wood floors and a large closet. The updated bathroom features a new vanity and faucet (2024) and a ceramic tile tub surround with new modern fixtures (2024). As part of the unit’s refresh, all plumbing shut-off valves have been replaced (2024), the bathtub has been recently reglazed (2024), and all light fixtures are brand new (2024). In addition to the 4 closets in the unit, a storage unit and secure bike storage room are available in the building. Outside, the community boasts picturesque professional landscaping and plenty of peaceful green space. Off street parking is available in an adjacent surface lot, with plenty of free street parking for visitors. While the unit and community itself are lovely, this unique location in Old Town Alexandria can’t be beat! With no through traffic you’ll enjoy the peace and seclusion of the suburbs - while conveniently located only half a mile from lively King Street. One block away is the Lee Rec Center with playgrounds, sports courts and fields, and a grilling area. Plus you’ll be just minutes to Balducci’s, Harris Teeter, Trader Joe’s, Murphy’s Irish Pub and countless other restaurants, Hooffs Run Park, Mt. Vernon Trail, Del Ray, Potomac Yards, National Harbor, Hoffman Center, Oswald Durant Center and Old Town Pool, The Pentagon, and Amazon HQ2. Commuting is a breeze, with VRE and both King Street and Braddock Road Metro Stations less than a mile away, plus a free DASH bus right outside that leads to the Potomac Yard Metro Station. Quick access to DCA, Duke Street, Route 1, and I-495. Schedule a private tour of your new home today and be in the heart of it all!
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Refrigerator, Stove
  • Entry Floor: 1
  • Flooring Type: Hardwood
  • Interior Amenities: Window Treatments, Combination Dining/Living, Dining Area, Floor Plan - Traditional, Family Room Off Kitchen, Kitchen - Eat-In, Kitchen - Table Space, Bathroom - Tub Shower, Upgraded Countertops, Wood Floors
  • Fireplace: No
  • Foundation Details: Other
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Shared
  • Total Sq Ft: 646
  • Living Area Sq Ft: 646
  • Price Per Sq Ft: 510.68
  • Above Grade Finished Sq Ft: 646
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 702

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: Brick Veneer
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street, Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 418.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Fayette Court Condiminium
  • HOA Condo Co-Op Amenities: Extra Storage
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Management, Sewer, Snow Removal, Water, Trash
  • HOA: No
  • Senior Community: No

Schools

  • School District: ALEXANDRIA CITY PUBLIC SCHOOLS
  • Elementary School: LYLES-CROUCH
  • Middle School: GEORGE WASHINGTON
  • 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: LYLES-CROUCH
  • High School: ALEXANDRIA CITY
  • Middle Or Junior School: GEORGE WASHINGTON

Lot Info

  • Land Use Code: 14
  • Property Condition: Very Good
  • Year Assessed: 2023
  • Zoning: RB
  • In City Limits: Yes

Rental Info

  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 2637.00
  • Assessor Parcel Number: 50652170
  • Tax Total Finished Sq Ft: 646
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 06/14/2024

MLS Schools

  • School District Name: ALEXANDRIA CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2024
Closed on
Jun 13, 2024
Sold by
Smyth Christopher S and Conrad Cortney R
Bought by
Yedlin David
Seller's Agent
Ellie Sweet
KW Metro Center
Buyer's Agent
Bart Chamberlin
Coldwell Banker Realty
List Price
$329,900
Sold Price
$329,000
Premium/Discount to List
-$900
-0.27%
Views
49
Current Estimated Value
$330,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,954
Avg. Annual Appreciation
0.49%
Original Mortgage
$247,400
Outstanding Balance
$244,783
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$86,171

Purchase Details

Closed on
Jan 26, 2024
Sold by
Aquilino Robert R
Bought by
Smyth Christopher S and Conrad Cortney R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.95%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 2, 1997
Sold by
Fayette Court Corp
Bought by
Aquilino Robert R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,500
Interest Rate
7.86%
Mortgage Type
Credit Line Revolving
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
Yedlin David $329,900 Old Republic National Title
Smyth Christopher S $250,000 Stewart Title
Aquilino Robert R $58,000 Island Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yedlin David $247,400
Previous Owner Smyth Christopher S $240,000
Previous Owner Aquilino Robert R $43,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2024 06/14/24 Sold $329,000 -0.3% $509 / Sq Ft
05/19/2024 05/19/24 Pending -- -- --
05/16/2024 05/16/24 For Sale $329,900 -- $511 / 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 $3,044 $270,761 $81,973 $188,788
2024 $3,044 $260,347 $78,820 $181,527
2023 $2,833 $255,242 $77,274 $177,968
2022 $2,833 $255,242 $77,274 $177,968
2021 $2,833 $255,242 $77,274 $177,968
2020 $2,777 $252,715 $76,509 $176,206
2019 $2,620 $231,849 $70,192 $161,657
2018 $2,620 $231,849 $70,192 $161,657
2017 $2,620 $231,849 $70,192 $161,657
2016 $2,488 $231,849 $70,192 $161,657
2015 $2,198 $210,772 $63,811 $146,961
2014 $2,154 $206,491 $63,811 $142,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAAX2033958

Bright MLS

APN: 080.01-0B-702.11