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1059 Palmer Place

1059 Palmer Place, Alexandria, VA 22304
Sold May 10, 2021
$760,000
$608,000 by First Home Mortgage Corporatio
Mortgage
Sold Feb 02, 2006
$565,000
$452,000 by Suntrust Mortgage Inc
Mortgage
1059 Palmer Place in Alexandria, VA was first built in 1958 and is 66 years old. Although, the building on the property was most recently renovated and altered in 2015. This has been categorized as a residential property type. There are a total of 2 floors. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1059 Palmer Place has 1,654 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 480 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 7,841 square feet.

Learn more about the property and building on this page. There is a covered porch. The home has a gable style roof made of asphalt. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as good. The exterior walls of the home are made of brick. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1059 Palmer Place was last sold in May 6, 2021 for $760,000. According to our calculations, that's $459.49 per sqft. Prior to that sales transaction, the property was sold for $565,000 in Jan 31, 2006. Current property owners are expected to pay $8,690 in taxes per year. The property on 1059 Palmer Place was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $726,561. To break that down further, the land itself was valued at $333,026. While improvements to the property were assessed at a total of $393,535. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Masonry Exterior

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 2015
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Masonry
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Finished improved basement
  • Basement Area: 480
  • Parking Space Count: 0
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 7,841
  • Total Building Area: 1,654
  • Building Area: 1,654
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,654
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BROOKVILLE SD
  • Land Acres: 0.18
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 8 BLK 7 SEC 12 BROOKVILLE

Ownership

  • Current Owner : MORRISEY JENAY
  • Current Owner 2: MORRISEY SHANE
  • Previous Owner : CAUSEY JONATHAN H
  • Previous Owner 2: CAUSEY SARA H
  • Owner Before Previous Owner: CONNER GRACE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Alexandria City Public Schools
  • Census Tract: 200302

Zoning

  • Zoning: R-20 - SIN

Geography

  • Assessors Map Reference: 38.02
  • Section: 12
  • Parcel: 34832000
  • Block: 7
  • Lot: 8
  • Latitude: 38.8213
  • Longitude: -77.1205

    Address

  • Full Address: 1059 Palmer Pl
  • Address - House Number: 1059
  • Address - Street Name: Palmer
  • Address - Suffix Type: Pl
  • State: VA
  • City Name: Alexandria
  • Carrier Code: C020
  • 4-Digit Zip Code: 2025
  • Zip Code: 22304

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,690

    Appraisal Valuation

  • Standard Deviation: 0.0516
  • Valuation Date: May 03, 2023
  • Confidence Score: 99
  • Final Value: 210,584
  • High Value: 221,453
  • Low Value: 199,715

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $608,000
  • First Open Lien Mortgage Lender: FIRST HOME MORTGAGE CORPORATIO
  • First Open Lien Mortgage Recording Date: May 10, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $608,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $726,561
  • Market Land Value: $333,026
  • Market Improvement Value: $393,535

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $726,561
  • Assessed Land Value: $333,026
  • Assessed Improvements Value: $393,535

    Sales

  • Current Sale Contract Date: May 06, 2021
  • Current Sale Recording Date: May 10, 2021
  • Current Sale Transaction ID: 11836655089
  • Current Sale Price: $760,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 210012199
  • Previous Sale Recording Date: Feb 02, 2006
  • Previous Sale Contract Date: Jan 31, 2006
  • Previous Sale Amount: $565,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST HOME MORTGAGE CORPORATIO
  • First Mortgage Transaction Date: May 10, 2021
  • First Mortgage Loan Amount: $608,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: SUNTRUST MORTGAGE INC
  • Previous Mortgage Transaction Date: Feb 02, 2006
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $452,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Seminary Hill



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Nearby Rentals

Unit for rent at

$3,400 /mo

  • 2 Beds
  • 2 Baths
  • 1,058 ft²
Listing by John Malatesta
Unit for rent at

$3,259 /mo

  • 3 Beds
  • 2 Baths
  • 1,257 ft²
Listing by Equity Residential

Frequently Asked Questions

What neighborhood is 1059 Palmer Place located in?
The 1059 Palmer Place is a house located in the neighborhood of Brookville - Seminary Valley in Seminary Hill, Alexandria.
What is the average sales price for listings in 1059 Palmer Place?
The average sales price for units in 1059 Palmer Place is $0 currently.

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