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318 North Alfred Street

318 North Alfred Street, Alexandria, VA 22314
1 Units For Sale
Unit for sale at 318 N ALFRED ST, ALEXANDRIA, VA 22314

$1,750,000

  • 3 Beds
  • 4 Baths
  • 2,060 ft²
318 N ALFRED ST, ALEXANDRIA, VA 22314 Listing by Beverly Tatum

318 North Alfred Street has been categorized by the local assessors in Alexandria, VA as a residential type of property. The building on the property was first built in 1830 and is 194 years old. However, we must point out that the home was most recently renovated and altered in 1982. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 318 North Alfred Street has 2,060 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 1,742 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a townhouse style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. 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, 318 North Alfred Street was last sold in Mar 4, 2024 for $1,657,500. According to our calculations, that's $804.61 per sqft. Prior to that sales transaction, the property was sold for $1,085,000 in May 12, 2023. Current property owners are expected to pay $9,679 in taxes per year. The property on 318 North Alfred Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $871,937. To break that down further, the land itself was valued at $478,374. While improvements to the property were assessed at a total of $393,563. 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. 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.

Building Features

Accessibility

ADA Access

Location

Private Lot

Parking

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

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20221128
11/28/2022
3 Bed
3 Bath
2060 ft²
$1,225,000
bedrooms
3 Bed
bathrooms
3 Bath
square feet
2060 ft²
$1,085,000 -11.43%
05/12/2023
-
Beverly Tatum
TTR Sotheby's International Realty

Building Info

Overview

    General

  • Year Built: 1830
  • Effective Year Built: 1982
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Townhouse
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,742
  • Total Building Area: 2,060
  • Building Area: 2,060
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,060
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.04
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LOT 505 R/S LOT 318 & 320 N ALFRED ST (D142)

Ownership

  • Current Owner : TIMMERMAN THOMAS J
  • Current Owner 2: HAMILTON FRANCES FLECK
  • Previous Owner : ALABAMA AVE LC
  • Owner Before Previous Owner: SIMMONS JEFFERY LEE
  • Owner Before Previous Owner 2: SIMMONS CAMILLE F
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Alexandria City Public Schools
  • Census Tract: 201601

Zoning

  • Zoning: RB - TOWNH

Geography

  • Assessors Map Reference: 64.04
  • Parcel: 50628310
  • Block: 1
  • Lot: 505,318
  • Latitude: 38.8082
  • Longitude: -77.0489

    Address

  • Full Address: 318 N Alfred St
  • Address - House Number: 318
  • Street Direction: N
  • Address - Street Name: Alfred
  • Address - Suffix Type: St
  • State: VA
  • City Name: Alexandria
  • Carrier Code: C041
  • 4-Digit Zip Code: 2423
  • Zip Code: 22314

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,679

    Appraisal Valuation

  • Standard Deviation: 0.0514
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 99
  • Final Value: 1,201,488
  • High Value: 1,263,275
  • Low Value: 1,139,702

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,500,000
  • First Open Lien Mortgage Lender: FIRST SAVINGS MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Mar 04, 2024
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,500,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2054

    Market Valuation

  • Market Total Value: $871,937
  • Market Land Value: $478,374
  • Market Improvement Value: $393,563

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $871,937
  • Assessed Land Value: $478,374
  • Assessed Improvements Value: $393,563

    Sales

  • Current Sale Contract Date: Mar 04, 2024
  • Current Sale Recording Date: Mar 04, 2024
  • Current Sale Transaction ID: 11922822840
  • Current Sale Price: $1,657,500
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 1760
  • Previous Sale Recording Date: May 15, 2023
  • Previous Sale Contract Date: May 12, 2023
  • Previous Sale Amount: $1,085,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST SAVINGS MORTGAGE CORP
  • First Mortgage Transaction Date: Mar 04, 2024
  • First Mortgage Loan Amount: $1,500,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Apr 01, 2054

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: JOHN MARSHALL BANK
  • Previous Mortgage Transaction Date: May 15, 2023
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $1,156,828
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Building or Construction Loan
  • Previous Mortgage Loan Due Date: May 12, 2024

About Downtown Alexandria



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Frequently Asked Questions

What neighborhood is 318 North Alfred Street located in?
The 318 North Alfred Street is a located in the neighborhood of Braddock Road Metro in Downtown Alexandria, Alexandria.
How many listings are currently for sale in 318 North Alfred Street?
There is a listing currently on the market for sale.
What is the average sales price for listings in 318 North Alfred Street?
The average sales price for units in 318 North Alfred Street is $1,750,000 , or $850/sqft. currently.

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