NOT LISTED FOR SALE

Estimated Value: $58,822,894

-- Bed
1 Bath
465 Sq Ft
$126,501/Sq Ft Est. Value

About This Home

This home is located at 511 Four Mile Rd, Alexandria, VA 22305 and is currently estimated at $58,822,894, approximately $126,500 per square foot. 511 Four Mile Rd is a home located in Alexandria City with nearby schools including Mount Vernon Community School, George Washington Middle School, and Alexandria City High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 9, 2022
Sold by
Park Vue Partners Llc
Bought by
Ahdc Four Mile Rd Llc
Current Estimated Value
$58,822,894

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,444,752
Outstanding Balance
$48,400,765
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$10,421,295

Purchase Details

Closed on
Dec 14, 2018
Sold by
511 Four Mile Road Apartments Investors
Bought by
Park Vue Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,180,000
Interest Rate
4.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 30, 2011
Sold by
Portal Apartments Lp
Bought by
511 Four Mile Road Apartments

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000,000
Interest Rate
4.01%
Mortgage Type
Commercial

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
Ahdc Four Mile Rd Llc $50,000,000 Waller Lansden Dortch & Davis
Park Vue Partners Llc $36,750,000 Attorney
511 Four Mile Road Apartments $29,750 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ahdc Four Mile Rd Llc $19,851,000
Closed Ahdc Four Mile Rd Llc $5,000,000
Open Ahdc Four Mile Rd Llc $51,444,752
Previous Owner Park Vue Partners Llc $24,180,000
Previous Owner Four Mile Rd Apartments Invest $20,000,000
Source: Public Records

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
2024 $376,675 $31,877,000 $7,938,000 $23,939,000
2023 $376,179 $33,890,000 $7,938,000 $25,952,000
2022 $363,592 $32,756,000 $7,938,000 $24,818,000
2021 $354,345 $31,923,000 $7,938,000 $23,985,000
2020 $346,244 $31,548,000 $7,938,000 $23,610,000
2019 $322,836 $28,569,600 $7,938,000 $20,631,600
2018 $319,349 $28,261,000 $7,938,000 $20,323,000
2017 $299,450 $26,500,000 $7,938,000 $18,562,000
2016 $251,994 $23,485,000 $7,938,000 $15,547,000
2015 $266,765 $25,576,700 $7,938,000 $17,638,700
2014 $271,180 $26,000,000 $7,938,000 $18,062,000
Source: Public Records

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