110 South Fayette Street

Local assessors in Alexandria, VA have categorized 110 South Fayette Street as a office type of property. The home was built in 1980 and is 44 years old. It was most recently renovated and altered in 1985. The property's lot size has been calculated to be 2,614 square feet. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 110 South Fayette Street has a total of 3,120 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. 110 South Fayette Street is a 4 code building. This code stands for "buildings that have wood or wood and steel frames.". Moving onto specific details regarding the building. Our sources show that the building condition is good. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B+. The building has a shed style roof. Lots of masonry were used in the construction of the exterior walls of the home. Residents rely on an air conditioning type we are unsure of for their cooling system. The home's a heating system we are unsure of is the primary heating source. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 110 South Fayette Street sold most recently in Feb 10, 2015 for a total of $1,050,000. If you work out the math, that's approximately a cost of $336.54 per sqft. Before that, the property was also sold for $520,000 in Jan 1, 1970. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $12,582 in taxes each year. The initial year of tax delinquency occurred in 2021. 110 South Fayette Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $1,079,983. If we break it down further, the land itself was valued at $626,825. Improvements to the property, however, were assessed at a total of $453,158. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.