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1611 Preston Road

1611 Preston Road, Alexandria, VA 22302
Sold Sep 26, 2019
$440,000
$307,500 by Caliber Home Loans Inc
Mortgage Due Oct 01, 2029
Sold May 28, 2002
$145,000
$108,750 by Cendant Mortgage Corp
Mortgage
1611 Preston Road is a condo located in Parkfairfax Condominiums, Alexandria. The building was first built in 1941 and is 83 years old. 1611 Preston Road has a total of 2 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. There are 1 closings on record, of which we have matching data for 1 listings. In the past 3 years, a listing in this building will typically remain on the market for about 35 days and tend to sell above the original asking price of $409,900 by 7.34%. Meaning, listings tend to sell at a median of $438 price per square foot. The transaction that took the longest to complete was listed on Aug 22, 2019 for $409,900. This particular unit ultimately sold 35 days later for $440,000. The most recent transaction which was first advertised on Aug 22, 2019, sold for $440,000 on Sep 26, 2019. Fun fact, the oldest transaction we have on record took place on Sep 26, 2019. See the full transaction history for 1611 Preston Road below.

Parkfairfax Condominiums, where 1611 Preston Road is located, has a median asking price of $355,000 for condo buildings. Meanwhile, the building itself has a median asking price of $409,900. For interested buyers, that means the building's median asking price is around inf% above the neighborhood's median asking price for condos. A buyer may therefore end up paying more for a unit in this building compared to other condo buildings in the neighborhood.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Masonry Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1941
  • Effective Year Built: 2000
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Good
  • Building Quality: B+
  • Construction Type: Masonry
  • Building Style: Condo
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 935
  • Total Building Area: 935
  • Building Area: 935
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Electric
  • Heated Square Feet: 935
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PARKFAIRFAX CONDO
  • Land Acres: 0.021
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: UNIT 942-1611 PARKFAIRFAX

Ownership

  • Current Owner : LEWIS GLENN E
  • Current Owner 2: LEWIS TERESA TAYLOR
  • Previous Owner : IGLHAUT DANIEL M
  • Owner Before Previous Owner: GAUSMAN TAMMY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Alexandria City Public Schools
  • Census Tract: 201000

Zoning

  • Zoning: RB - TOWNH

Geography

  • Assessors Map Reference: 13.02
  • Parcel: 50220550
  • Block: A
  • Lot: 942.161
  • Latitude: 38.8375
  • Longitude: -77.0797

    Address

  • Full Address: 1611 Preston Rd
  • Legal Unit: 942
  • Address - House Number: 1611
  • Address - Street Name: Preston
  • Address - Suffix Type: Rd
  • State: VA
  • City Name: Alexandria
  • Carrier Code: C007
  • 4-Digit Zip Code: 2124
  • Zip Code: 22302

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,445

    Appraisal Valuation

  • Standard Deviation: 0.1135
  • Valuation Date: May 03, 2023
  • Confidence Score: 88
  • Final Value: 418,137
  • High Value: 465,609
  • Low Value: 370,664

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $307,500
  • First Open Lien Mortgage Lender: CALIBER HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Sep 26, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $307,500
  • First Open Lien Mortgage Term: 120
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2029

    Market Valuation

  • Market Total Value: $389,102
  • Market Land Value: $126,505
  • Market Improvement Value: $262,597

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $389,102
  • Assessed Land Value: $126,505
  • Assessed Improvements Value: $262,597

    Sales

  • Current Sale Contract Date: Sep 25, 2019
  • Current Sale Recording Date: Sep 26, 2019
  • Current Sale Transaction ID: 11659589504
  • Current Sale Price: $440,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 190013230
  • Previous Sale Recording Date: May 28, 2002
  • Previous Sale Contract Date: May 24, 2002
  • Previous Sale Amount: $145,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CALIBER HOME LOANS INC
  • First Mortgage Transaction Date: Sep 26, 2019
  • First Mortgage Loan Amount: $307,500
  • First Mortgage Terms: 120
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2029

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: CENDANT MORTGAGE CORP
  • Previous Mortgage Transaction Date: May 28, 2002
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $108,750

About North Ridge - Rosemont



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Frequently Asked Questions

What neighborhood is 1611 Preston Road located in?
The 1611 Preston Road is a condo located in the neighborhood of Parkfairfax Condominiums in North Ridge - Rosemont, Alexandria.
What is the average sales price for listings in 1611 Preston Road?
The average sales price for units in 1611 Preston Road is $409,900 , or $438/sqft. currently.

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