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322 South Washington Street

322 South Washington Street, Alexandria, VA 22314
Commercial in Old Town
322 South Washington Street has been categorized by the local assessors in Alexandria, VA as a commercial type of property. The building on the property was first built in 1880 and is 144 years old. However, we must point out that the home was most recently renovated and altered in 1985. The building has a total of 2 stories. In addition, 322 South Washington Street has 2,800 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 5,227 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 B+ by the local assessor. The building has a shed 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. Based on our sources, 322 South Washington Street was last sold in Nov 10, 2021 for $1,100,000. According to our calculations, that's $392.86 per sqft. Current property owners are expected to pay $15,553 in taxes per year. The property on 322 South Washington Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $1,271,328. To break that down further, the land itself was valued at $1,032,240. While improvements to the property were assessed at a total of $239,088. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Brick Exterior / Wood Exterior
Wood Siding

Parking

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

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210308
03/08/2021
4 Bed
4 Bath
2800 ft²
$1,300,000
bedrooms
4 Bed
bathrooms
4 Bath
square feet
2800 ft²
$1,100,000 -15.38%
12/10/2021
Edward Seroskie
RE/MAX Allegiance

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 1985
  • Bedroom Count: 0
  • Building Condition: Good
  • Building Quality: B+
  • Exterior Walls Type: Masonry
  • Roof Shape Type: Shed
  • Floor Count: 2
  • Basement Type: Unfinished basement
  • Basement Area: 1,044
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,227
  • Total Building Area: 2,800
  • Gross Building Area: 2,800
  • Building Area: 2,800
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Unsure
  • Heating: Other
  • Heated Square Feet: 2,800
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Building Type: Exterior non-combustible materials/Interior combustible materials
  • Property Class: Commercial
  • Land Acres: 0.12
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: LOT 322 & 324 S WASHINGTON ST

Ownership

  • Current Owner : DOLAN WILLIAM E
  • Current Owner 2: DOLAN STEPHANIE R
  • Previous Owner : GILLARD THOMAS J
  • Owner Before Previous Owner: MAEVE PROPERTIES LLC
  • Ownership Rights Codes: Husband and wife

Neighborhood

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

Zoning

  • Zoning: CD - COMME

Geography

  • Assessors Map Reference: 74.04
  • Parcel: 11836000
  • Block: 3
  • Lot: 322,324
  • Latitude: 38.8019
  • Longitude: -77.0473

    Address

  • Full Address: 322 S Washington St
  • Address - House Number: 322
  • Street Direction: S
  • Address - Street Name: Washington
  • Address - Suffix Type: St
  • State: VA
  • City Name: Alexandria
  • Carrier Code: C016
  • 4-Digit Zip Code: 3628
  • Zip Code: 22314

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $15,553

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $880,000
  • First Open Lien Mortgage Lender: CITIBANK NA
  • First Open Lien Mortgage Recording Date: Dec 10, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $880,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage

    Market Valuation

  • Market Total Value: $1,271,328
  • Market Land Value: $1,032,240
  • Market Improvement Value: $239,088

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,271,328
  • Assessed Land Value: $1,032,240
  • Assessed Improvements Value: $239,088

    Sales

  • Current Sale Contract Date: Nov 10, 2021
  • Current Sale Recording Date: Dec 10, 2021
  • Current Sale Transaction ID: 11875847343
  • Current Sale Price: $1,100,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 210027525
  • Previous Sale Recording Date: Jan 20, 2015
  • Previous Sale Contract Date: Jan 13, 2015
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITIBANK NA
  • First Mortgage Transaction Date: Dec 10, 2021
  • First Mortgage Loan Amount: $880,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Jan 20, 2015
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $570,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Feb 01, 2045

About Downtown Alexandria



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Frequently Asked Questions

What neighborhood is 322 South Washington Street located in?
The 322 South Washington Street is a commercial located in the neighborhood of Old Town in Downtown Alexandria, Alexandria.
What is the average sales price for listings in 322 South Washington Street?
The average sales price for units in 322 South Washington Street is $1,300,000 , or $464/sqft. currently.

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