
225 Strand St Unit 501 Alexandria, VA 22314
Old Town NeighborhoodHighlights
- Water Oriented
- Open Floorplan
- Wood Flooring
- Eat-In Gourmet Kitchen
- Traditional Architecture
- 1-minute walk to Point Lumley Park
About This Home
As of October 2024Incredible price improvement. Prepare to be awestruck as you enter this one-of-a-kind penthouse with stunning views from every room. Perched above the Potomac in the heart of historic Old Town, unit 501 is one of just 18 residential units in the highly coveted Watermark. The home features 2800 square feet of absolute perfection with upgrades throughout. The open living room welcomes you with floor to ceiling windows offering views of the Old Town waterfront, National Harbor, and Washington DC. Enjoy cool nights by the fireplace with elegant tile surround, handcrafted mantle and custom built-ins. Watch boats sail by while preparing meals in the open kitchen with Italian cabinetry, quartz countertops, custom tile backsplash and high-end appliances. For casual dining, pull a stool up to the kitchen island or set the table and enjoy the sights outside. For more formal affairs, retreat to the sophisticated dining room overlooking Old Town and the Potomac.
The spacious primary suite is the ultimate retreat with a spa-inspired bathroom, extra large walk-in closet, and separate dressing area. Wake up to beautiful views, get in a workout, indulge in a luxurious bath, reinvigorate with a steam, and fall asleep knowing you get to do it all again tomorrow. The second en-suite bedroom features a custom walk-in closet, full bathroom, views of the Potomac, and patio access. Your guests may not want to leave. Enjoy more views from the third bedroom, currently set up as a home office. Features include pocket doors with frosted glass, a wall of custom built-ins, custom closets, and patio access. For seasonal items, there’s a private storage closet just outside the door. Other highlights of unit 501 include nine foot ceilings, wide plank hardwood floors, custom wainscoting and crown molding, upgraded doors, upgraded tile, water treatment system, automated audio/video in every room, and fresh paint throughout.
Building amenities include a rooftop terrace with two grills and a fire pit, an elegant lobby, fob-required elevator access, and bike storage. Included with this unit are two side-by-side garage parking spaces. Located in the heart of historic Old Town you’re just steps from all the action - shopping, dining, biking, running. Everything you could imagine is just outside your door.
The low condo fees make this an even more exciting offering. Your new home awaits.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $41,940
Year Built
- Built in 2020
HOA Fees
- $1,276 Monthly HOA Fees
Parking
- 2 Car Direct Access Garage
- Assigned Parking
Home Design
- Traditional Architecture
- Masonry
Interior Spaces
- 2,800 Sq Ft Home
- Property has 1 Level
- Open Floorplan
- Built-In Features
- Crown Molding
- Wainscoting
- Recessed Lighting
- Fireplace Mantel
- Gas Fireplace
- Entrance Foyer
- Living Room
- Formal Dining Room
- Wood Flooring
Kitchen
- Eat-In Gourmet Kitchen
- Gas Oven or Range
- Built-In Range
- Range Hood
- Built-In Microwave
- Ice Maker
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Disposal
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- En-Suite Primary Bedroom
- En-Suite Bathroom
- Walk-In Closet
- 3 Full Bathrooms
- Soaking Tub
Laundry
- Front Loading Dryer
- Front Loading Washer
Home Security
- Intercom
- Exterior Cameras
Outdoor Features
- Water Oriented
- River Nearby
- Balcony
Schools
- Lyles-Crouch Elementary School
- George Washington Middle School
- Alexandria City High School
Utilities
- Forced Air Heating and Cooling System
- Vented Exhaust Fan
- Water Treatment System
- Electric Water Heater
Additional Features
- Accessible Elevator Installed
- Flood Risk
Listing and Financial Details
- Assessor Parcel Number 60039860
Community Details
Overview
- Association fees include common area maintenance, exterior building maintenance, management, parking fee, reserve funds, trash
- Mid-Rise Condominium
- Watermark Condos
- Watermark Community
- Old Town Historic Subdivision
Pet Policy
- Limit on the number of pets
- Dogs and Cats Allowed
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
10/15/2024 10/15/24 | Sold | $3,750,000 | -3.8% | $1,339 / Sq Ft |
09/17/2024 09/17/24 | Price Changed | $3,900,000 | -9.2% | $1,393 / Sq Ft |
06/13/2024 06/13/24 | For Sale | $4,295,000 | +14.1% | $1,534 / Sq Ft |
08/15/2020 08/15/20 | Sold | $3,765,090 | +1.9% | $1,345 / Sq Ft |
08/15/2020 08/15/20 | Pending | -- | -- | -- |
08/15/2020 08/15/20 | For Sale | $3,695,000 | -- | $1,320 / Sq Ft |
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 | $42,029 | $3,695,190 | $1,108,965 | $2,586,225 |
2023 | $43,606 | $3,928,500 | $1,179,750 | $2,748,750 |
2022 | $39,683 | $3,575,000 | $1,072,500 | $2,502,500 |
2021 | $39,683 | $3,575,000 | $1,072,500 | $2,502,500 |
Deed History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Deed | $3,750,000 | Commonwealth Land Title Insura |
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Source: Bright MLS
MLS Number: VAAX2034458

APN: 075.03-1B-501
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