109 South Fairfax Street

109 South Fairfax Street has been categorized by the local assessors in Alexandria, VA as a office type of property. The building on the property was first built in 1770 and is 254 years old. However, we must point out that the home was most recently renovated and altered in 1985. The building has a total of 3 stories. In addition, 109 South Fairfax Street has 4,560 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 2,178 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. We know that this is 3 code building. This code stands for "buildings that have exterior walls made of non-combustible material. The interior partitions and roof structure are combustible materials. For example, the building may have concrete floors or a wood frame". Moving on to the building itself. The condition of the building has been evaluated as good. From what we've gathered, the quality of these control joints have been graded with a letter grade of A- by the local assessor. The building has a gable style roof. The exterior walls of the building are made of masonry. The inside of the home is being cooled with an air conditioning type we are unsure of at the moment. In terms of heating, it is utilizing a heating system we are unsure of. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Current property owners are expected to pay $17,414 in taxes per year. The property on 109 South Fairfax Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $1,504,724. To break that down further, the land itself was valued at $622,710. While improvements to the property were assessed at a total of $882,014. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.