$1,300,000

Estimated payment $8,090/month

Total Views 65,249
3 Beds
2 Baths
1,655 Sq Ft
$785 Price per Sq Ft

Highlights

  • Colonial Architecture
  • Traditional Floor Plan
  • Main Floor Bedroom
  • Partially Wooded Lot
  • Wood Flooring
  • No HOA

About This Home

Discover your ideal haven on this expansive corner lot, situated in one of the most sought-after locales. Opportunities like this are rare! Currently, the property features a reliable tenant generating $3,300 monthly, amounting to $39,600 annually, with a lease in place until July 2025, ensuring stability and income.

Your possibilities are endless: purchase the property as-is with the existing tenant, or envision building a stunning new three-level single-family home with a 2-car garage. Alternatively, consider the potential for four 2-bedroom rental units, which could yield an impressive $16,000 in monthly income. Newly constructed homes in this area can sell for between $2,500,000 and $3,600,000.

The seller is open to financing options for the right developer, making this an exceptional investment opportunity. If you’re considering a different vision, a 60- to 90-day notice for the tenant is negotiable. Don’t miss out on this chance to create your dream property—seize the moment!

Listing Agent

Sebrin Adem

RE/MAX Allegiance License #0225209963

RE/MAX Allegiance

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1938

Lot Details

  • 0.33 Acre Lot
  • Partially Fenced Property
  • Partially Wooded Lot
  • Property is zoned R 12

Parking

  • 1 Car Attached Garage
  • Side Facing Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Brick Foundation
  • Plaster Walls
  • Slate Roof
  • Rubber Roof
  • Masonry

Interior Spaces

  • Property has 2 Levels
  • Traditional Floor Plan
  • Fireplace Mantel
  • Window Treatments
  • Wood Frame Window
  • Six Panel Doors
  • Living Room
  • Dining Room
  • Wood Flooring

Bedrooms and Bathrooms

Unfinished Basement

  • Exterior Basement Entry
  • Laundry in Basement
  • Crawl Space
  • Basement with some natural light

Location

  • Suburban Location

Schools

  • Alexandria City High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • College Park Subdivision, Brick 2 3 Br 2 Ba Colonial Floorplan

Listing and Financial Details

  • Assessor Parcel Number 17339000

Home Details

Home Type

Single Family

Year Built

Built in 1938

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1938
  • Remarks Public: Discover your ideal haven on this expansive corner lot, situated in one of the most sought-after locales. Opportunities like this are rare! Currently, the property features a reliable tenant generating $3,300 monthly, amounting to $39,600 annually, with a lease in place until July 2025, ensuring stability and income. Your possibilities are endless: purchase the property as-is with the existing tenant, or envision building a stunning new three-level single-family home with a 2-car garage. Alternatively, consider the potential for four 2-bedroom rental units, which could yield an impressive $16,000 in monthly income. Newly constructed homes in this area can sell for between $2,500,000 and $3,600,000. The seller is open to financing options for the right developer, making this an exceptional investment opportunity. If you’re considering a different vision, a 60- to 90-day notice for the tenant is negotiable. Don’t miss out on this chance to create your dream property—seize the moment!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Entry Floor: 1
  • Interior Amenities: Dining Area, Entry Level Bedroom, Floor Plan - Traditional, Window Treatments, Wood Floors
  • Window Features: Wood Frame
  • Fireplace Features: Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Six Panel
  • Wall Ceiling Types: Plaster Walls
  • Foundation Details: Brick/Mortar, Crawl Space
  • Floors In Unit Count: 3
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Kitchen, Basement, Bedroom 1, Bathroom 1, Bathroom 2
  • Basement: Yes
  • Basement Type: Daylight, Partial, Outside Entrance, Unfinished
  • Basement Footprint Percent: 60.00
  • Laundry Type: Basement
  • Total Sq Ft: 1655
  • Living Area Sq Ft: 1655
  • Price Per Sq Ft: 942.03
  • Above Grade Finished Sq Ft: 1380
  • Below Grade Finished Sq Ft: 275
  • Total Below Grade Sq Ft: 275
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1000

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Exterior Features: Sidewalks
  • Road Surface Type: Black Top
  • Roof: Rubber, Slate
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Side Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • 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
  • High School: ALEXANDRIA CITY
  • School District Key: 121139111593
  • School District Source: Listing Agent
  • High School: ALEXANDRIA CITY

Lot Info

  • Fencing: Partially
  • Lot Features: Trees/Wooded, Partly Wooded
  • Lot Size Acres: 0.33
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 14325.00
  • Year Assessed: 2023
  • Zoning: R 12
  • In City Limits: No

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 809427.00
  • Assessor Parcel Number: 17339000
  • Tax Year: 2023

MLS Schools

  • School District Name: ALEXANDRIA CITY PUBLIC SCHOOLS

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2024 $10,003 $809,427 $594,277 $215,150
2023 $8,985 $809,427 $594,277 $215,150
2022 $8,838 $796,209 $582,815 $213,394
2021 $8,569 $772,014 $571,387 $200,627
2020 $8,663 $735,685 $544,178 $191,507
2019 $7,911 $700,048 $518,265 $181,783
2018 $7,911 $700,048 $518,265 $181,783
2017 $7,883 $697,592 $518,265 $179,327
2016 $7,485 $697,592 $518,265 $179,327
2015 $7,030 $674,017 $454,922 $219,095
2014 $6,611 $633,859 $426,129 $207,730
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2024 04/21/24 For Sale $1,300,000 0.0% $785 / Sq Ft
04/21/2024 04/21/24 Off Market $1,300,000 -- --
04/20/2024 04/20/24 For Sale $1,300,000 0.0% $785 / Sq Ft
07/15/2023 07/15/23 Rented $3,300 +6.5% --
07/10/2023 07/10/23 Price Changed $3,100 -6.1% $2 / Sq Ft
07/07/2023 07/07/23 For Rent $3,300 +18.9% --
01/07/2022 01/07/22 Rented $2,775 -5.9% --
01/06/2022 01/06/22 Under Contract -- -- --
12/01/2021 12/01/21 For Rent $2,950 +11.3% --
01/08/2020 01/08/20 Rented $2,650 0.0% --
12/13/2019 12/13/19 Under Contract -- -- --
12/08/2019 12/08/19 Price Changed $2,650 -0.9% $2 / Sq Ft
11/19/2019 11/19/19 Price Changed $2,675 +0.9% $2 / Sq Ft
11/19/2019 11/19/19 For Rent $2,650 +2.9% --
09/15/2015 09/15/15 Rented $2,575 0.0% --
09/01/2015 09/01/15 Under Contract -- -- --
07/23/2015 07/23/15 For Rent $2,575 +4.0% --
06/28/2013 06/28/13 Rented $2,475 0.0% --
06/17/2013 06/17/13 Under Contract -- -- --
06/07/2013 06/07/13 For Rent $2,475 0.0% --
03/06/2013 03/06/13 Rented $2,475 +1.0% --
03/06/2013 03/06/13 Under Contract -- -- --
02/15/2013 02/15/13 For Rent $2,450 -- --
Source: Bright MLS

Deed History

Date Type Sale Price Title Company
Deed $800,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $550,000 Seller Take Back
Source: Public Records

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Source: Bright MLS

MLS Number: VAAX2033244

Bright MLS

APN: 051.04-05-03