$260,000
SOLD MAR 15, 2016

706 S Fayette St Unit 21 Alexandria, VA 22314

Old Town Neighborhood
1 Bed
1 Bath
671 Sq Ft
$281/mo HOA Fee

Recently Sold

$387 Per Sq Ft

2% Above List Price

11 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • Living Room
  • Colonial Architecture
  • Upgraded Countertops
  • En-Suite Primary Bedroom

About This Home

As of March 2016

First OPEN HOUSE today, 1/31, 1-4. Stunning NEW kitchen, updated bathroom, washer & dryer IN unit, hardwood floors are just the headlines! What you can't read on the internet or see in the photos is the sense of community surrounding Fayette Square. While the commute is incredible, being able to walk/bike/run through Old Town Alexandria will be what keeps you saying "I love living here!"

Last Agent to Sell the Property

Ken Tully

RE/MAX Allegiance License #0225154591 Listed on: 01/20/2016

RE/MAX Allegiance

Last Buyer's Agent

Kim Decker

CENTURY 21 New Millennium

CENTURY 21 New Millennium

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,198

Year Built

  • Built in 1950

Lot Details

  • Property is in very good condition

HOA Fees

  • $281 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 671 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Living Room
  • Dining Room
  • Wood Flooring
  • Stacked Washer and Dryer

Kitchen

  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 50652250

Community Details

Overview

  • Association fees include management, insurance, reserve funds, trash, water
  • Low-Rise Condominium
  • Fayette Court Community
  • Fayette Court Subdivision
  • The community has rules related to alterations or architectural changes, no recreational vehicles, boats or trailers

Amenities

  • Common Area

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,198

Year Built

Built in 1950

Lot Details

0

HOA Fees

$281 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
  • Expected On Market: 2016-01-22
  • Year Built: 1950
  • Remarks Public: First OPEN HOUSE today, 1/31, 1-4. Stunning NEW kitchen, updated bathroom, washer & dryer IN unit, hardwood floors are just the headlines! What you can't read on the internet or see in the photos is the sense of community surrounding Fayette Square. While the commute is incredible, being able to walk/bike/run through Old Town Alexandria will be what keeps you saying "I love living here!"
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Dryer - Front Loading, Icemaker, Microwave, Oven/Range - Electric, Refrigerator, Washer, Washer - Front Loading, Washer/Dryer Stacked
  • Interior Amenities: Upgraded Countertops, Wood Floors, Floor Plan - Open, Floor Plan - Traditional
  • Fireplace: No
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 671
  • Living Area Sq Ft: 671
  • Price Per Sq Ft: 380.03
  • Above Grade Finished Sq Ft: 671
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 706

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
  • 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
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Main Entrance Lock
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 281.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds
  • HOA Condo Co-Op Fee Includes: Management, Insurance, Reserve Funds, Trash, Water
  • HOA Condo Co-Op Rules: Alterations/Architectural Changes, Rv/Boat/Trail
  • HOA: No
  • Senior Community: No

Schools

  • School District: ALEXANDRIA CITY PUBLIC SCHOOLS
  • Elementary School: LYLES-CROUCH
  • Middle School: GEORGE WASHINGTON
  • High School: ALEXANDRIA CITY
  • School District Key: 121139111593
  • Elementary School: LYLES-CROUCH
  • High School: ALEXANDRIA CITY
  • Middle Or Junior School: GEORGE WASHINGTON

Green Features

  • Green Verification: No

Lot Info

  • Improvement Assessed Value: 146961.00
  • Land Assessed Value: 63811.00
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Year Assessed: 2015
  • Zoning: RB
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2198.35
  • Assessor Parcel Number: 50652250
  • Tax Total Finished Sq Ft: 671
  • Tax Year: 2015
  • Close Date: 03/15/2016

Multi Family

  • Metering: Electric Separate

MLS Schools

  • School District Name: ALEXANDRIA CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2016
Closed on
Mar 11, 2016
Sold by
Weiss Nathan J
Bought by
Mehlin Jacob C
Seller's Agent
Ken Tully
RE/MAX Allegiance
Buyer's Agent
Kim Decker
CENTURY 21 New Millennium
List Price
$255,000
Sold Price
$260,000
Premium/Discount to List
$5,000
1.96%
Current Estimated Value
$412,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,670
Avg. Annual Appreciation
5.00%
Original Mortgage
$265,590
Outstanding Balance
$211,840
Interest Rate
3.72%
Mortgage Type
VA
Estimated Equity
$200,830

Purchase Details

Listed on
May 4, 2014
Closed on
Jun 12, 2014
Sold by
Leonette Rebecca R
Bought by
Weiss Nathan J
Seller's Agent
Diane Quigley
CENTURY 21 New Millennium
Buyer's Agent
nancy gordon
Berkshire Hathaway HomeServices PenFed Realty
List Price
$229,900
Sold Price
$225,500
Premium/Discount to List
-$4,400
-1.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.42%
Original Mortgage
$214,225
Interest Rate
4.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 2, 1997
Sold by
Fayette Court Corp
Bought by
Leonette Rebecca R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,100
Interest Rate
7.86%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $260,000 Hazelwood Title & Escrow
Warranty Deed $225,500 --
Deed $59,000 Island Title Corp
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $265,590 VA
Previous Owner $214,225 New Conventional
Previous Owner $53,100 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2019 08/21/19 Rented $1,695 0.0% --
08/02/2019 08/02/19 Price Changed $1,695 -5.6% $3 / Sq Ft
07/24/2019 07/24/19 For Rent $1,795 0.0% --
03/15/2016 03/15/16 Sold $260,000 +2.0% $387 / Sq Ft
02/01/2016 02/01/16 Pending -- -- --
01/20/2016 01/20/16 For Sale $255,000 +13.1% $380 / Sq Ft
06/13/2014 06/13/14 Sold $225,500 0.0% $336 / Sq Ft
05/14/2014 05/14/14 Pending -- -- --
05/12/2014 05/12/14 Price Changed $225,500 -1.9% $336 / Sq Ft
05/04/2014 05/04/14 For Sale $229,900 -- $343 / 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 $2,659 $231,849 $70,192 $161,657
2018 $2,640 $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: 1000502421

Bright MLS

APN: 080.01-0B-706.21