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3 Franklin Street

3 Franklin Street, Alexandria, VA 22314
Townhouse in Fords Landing
1 Units For Sale
Unit for sale at 3 FRANKLIN ST, ALEXANDRIA, VA 22314

$1,499,000

  • 3 Beds
  • 4 Baths
  • 2,275 ft²
3 FRANKLIN ST, ALEXANDRIA, VA 22314 Listing by Vici Boguess

Local assessors in Alexandria, VA have categorized 3 Franklin Street as a residential type of property. The home was built in 1997 and is 27 years old. It was most recently renovated and altered in 1998. The property's lot size has been calculated to be 871 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a row home style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 4 partial bathrooms. This is a 4 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 3 Franklin Street has a total of 2,275 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. Additional features on the property are as follows. There is a garage underground or in the basement for those who need a place to park their vehicle. The garage on the property is 400 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. 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+. Lots of brick were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Feb 24, 2020 for $1,199,000. That's $527.03 per sqft. Prior to that sales transaction, the property was also sold in Jan 1, 1970 for $528,450. 3 Franklin Street was last assessed in 2023. The total value of the property was assessed at $1,325,744. Specifically, the land the property is located on was valued at $704,197. While improvements on the property were assessed at a total of $621,547. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $14,716. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.

Building Features

Parking

Garage Parking
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190615
06/15/2019
4 Bed
4 Bath
2275 ft²
$1,280,000
bedrooms
4 Bed
bathrooms
4 Bath
square feet
2275 ft²
$1,199,000 -6.33%
02/26/2020
Brian Wilson

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1998
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 16
  • Building Condition: Good
  • Building Quality: B+
  • Construction Type: Masonry
  • Building Style: Row home
  • Exterior Walls Type: Brick
  • Floor Count: 4
  • Basement Type: Unspecified basement
  • Basement Area: 400
  • Garage Type: Underground/basement
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 871
  • Total Building Area: 2,275
  • Building Area: 2,275
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,275
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FORDS LANDING
  • Land Acres: 0.02
  • Standard Land Use Code: Row house (residential)
  • Legal Description 1: LOT 117 SEC 2 FORDS LANDING

Ownership

  • Current Owner : SHARMAN TIMOTHY SEBASTIAN
  • Current Owner 2: SHARMAN KATHERINE WOLFE
  • Previous Owner : RANDOL ARTHUR G
  • Previous Owner 2: RANDOL GAYLE K
  • Owner Before Previous Owner: FORD S LANDING ASSOC LP
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Alexandria City Public Schools
  • Census Tract: 202001

Zoning

  • Zoning: W-1 - WATE

Geography

  • Assessors Map Reference: 81.01
  • Section: 2
  • Parcel: 50651790
  • Block: 4
  • Lot: 117
  • Latitude: 38.7973
  • Longitude: -77.0407

    Address

  • Full Address: 3 Franklin St
  • Address - House Number: 3
  • Address - Street Name: Franklin
  • Address - Suffix Type: St
  • State: VA
  • City Name: Alexandria
  • Carrier Code: C010
  • 4-Digit Zip Code: 3828
  • Zip Code: 22314

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $14,716

    Appraisal Valuation

  • Standard Deviation: 0.0935
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 91
  • Final Value: 1,499,988
  • High Value: 1,640,274
  • Low Value: 1,359,703

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $959,200
  • First Open Lien Mortgage Lender: ATLANTIC COAST MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Feb 26, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $959,200
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 26, 2050

    Market Valuation

  • Market Total Value: $1,325,744
  • Market Land Value: $704,197
  • Market Improvement Value: $621,547

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,325,744
  • Assessed Land Value: $704,197
  • Assessed Improvements Value: $621,547

    Sales

  • Current Sale Contract Date: Feb 24, 2020
  • Current Sale Recording Date: Feb 26, 2020
  • Current Sale Transaction ID: 11745636093
  • Current Sale Price: $1,199,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 200002975
  • Previous Sale Recording Date: May 28, 1998
  • Previous Sale Amount: $528,450
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ATLANTIC COAST MORTGAGE LLC
  • First Mortgage Transaction Date: Feb 26, 2020
  • First Mortgage Loan Amount: $959,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: NATIONSBANC MTG CORP
  • Previous Mortgage Transaction Date: May 28, 1998
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $432,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Downtown Alexandria



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Frequently Asked Questions

What neighborhood is 3 Franklin Street located in?
The 3 Franklin Street is a townhouse located in the neighborhood of Fords Landing in Downtown Alexandria, Alexandria.
How many listings are currently for sale in 3 Franklin Street?
There is a listing currently on the market for sale.
What is the average sales price for listings in 3 Franklin Street?
The average sales price for units in 3 Franklin Street is $1,280,000 , or $563/sqft. currently.

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