518 S Fairfax St Alexandria, VA 22314
Old Town Neighborhood
4
Beds
4
Baths
3,068
Sq Ft
7,730
Sq Ft Lot
Highlights
- 0.18 Acre Lot
- Wood Flooring
- No HOA
- Federal Architecture
- 2 Fireplaces
- 3-minute walk to Windmill Hill Park
About This Home
As of October 2024518 S Fairfax Street is on the market for the first time in 66 years. This is an extremely rare opportunity to own a single-family brick home on a charming and quiet street in the heart of Alexandria’s Historic District. This unique property occupies two spacious lots. The main level has a double living room, each with a fireplace, dining room leading to the kitchen and a spacious family room with laundry closet. The second level has four bedrooms, an office and a sewing room. The primary bedroom shares a full bathroom with the contiguous bedroom. Two closets, a full bathroom and a powder room are located in the hallway. A newer guest house with plumbing and electricity is situated at the back of the property. For convenience and walkability, this is the perfect location. The scenic Potomac River is less than two blocks away. Around the block is a park, neighborhood grocery store and, within easy walking distance, you can enjoy King Street and its numerous shops and restaurants. It is also located less than 10 miles from Washington DC, and less than 5 miles from Reagan National Airport. A new HVAC system has been installed, and a fresh coat of paint has been applied throughout and the lawn, gardens, and hedges have been recently tended to. The home is being sold “as is.”
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $34,250
Year Built
- Built in 1800
Lot Details
- 7,730 Sq Ft Lot
- Property is zoned RM
Parking
- On-Street Parking
Home Design
- Federal Architecture
- Fixer Upper
- Brick Exterior Construction
- Brick Foundation
- Poured Concrete
- Shingle Roof
Interior Spaces
- 3,068 Sq Ft Home
- Property has 2 Levels
- 2 Fireplaces
- Wood Flooring
Bedrooms and Bathrooms
- 4 Bedrooms
Unfinished Basement
- Connecting Stairway
- Interior Basement Entry
Accessible Home Design
- More Than Two Accessible Exits
- Level Entry For Accessibility
Utilities
- Central Air
- Electric Baseboard Heater
- Electric Water Heater
Community Details
- No Home Owners Association
- Old Town Alexandria Subdivision
Listing and Financial Details
- Tax Lot 516-518
- Assessor Parcel Number 12470500
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/09/2024 10/09/24 | Sold | $1,800,000 | -10.0% | $587 / Sq Ft |
| 09/12/2024 09/12/24 | Pending | -- | -- | -- |
| 09/04/2024 09/04/24 | Price Changed | $1,999,000 | -9.1% | $652 / Sq Ft |
| 08/08/2024 08/08/24 | For Sale | $2,199,000 | -- | $717 / Sq Ft |
Source: Bright MLS
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 | $35,067 | $3,017,686 | $1,956,571 | $1,061,115 |
| 2023 | $34,578 | $3,115,109 | $2,201,143 | $913,966 |
| 2022 | $31,605 | $2,847,304 | $2,001,039 | $846,265 |
| 2021 | $29,586 | $2,665,390 | $1,819,125 | $846,265 |
| 2020 | $28,368 | $2,479,375 | $1,653,750 | $825,625 |
| 2019 | $27,618 | $2,444,061 | $1,574,983 | $869,078 |
| 2018 | $27,911 | $2,470,008 | $1,679,937 | $790,071 |
| 2017 | $27,007 | $2,390,011 | $1,599,940 | $790,071 |
| 2016 | $25,645 | $2,390,011 | $1,599,940 | $790,071 |
| 2015 | $25,564 | $2,450,976 | $1,660,905 | $790,071 |
| 2014 | $25,564 | $2,450,976 | $1,660,905 | $790,071 |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,440,000 | New Conventional | |
| Previous Owner | $250,000 | Credit Line Revolving |
Source: Public Records
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,800,000 | Commonwealth Land Title Insura | |
| Deed | -- | None Listed On Document | |
| Deed | $133,000 | None Listed On Document |
Source: Public Records
Similar Homes in Alexandria, VA
Source: Bright MLS
MLS Number: VAAX2036578
APN: 081.01-01-32
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