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403 East Raymond Avenue

403 East Raymond Avenue, Alexandria, VA 22301
House in Del Ray
Local assessors in Alexandria, VA have categorized 403 East Raymond Avenue as a residential type of property. The home was built in 1981 and is 43 years old. It was most recently renovated and altered in 2007. The property's lot size has been calculated to be 2,614 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a townhouse 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, 2 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 is one full bathroom. There are also 2 partial bathrooms. 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 403 East Raymond Avenue has a total of 1,008 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. Do you like to entertain? The home has a covered 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 frame 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 - C+. The building has a roof that is made of asphalt. Lots of alum/vinyl siding 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. 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, 403 East Raymond Avenue sold most recently in Mar 4, 2022 for a total of $726,500. If you work out the math, that's approximately a cost of $720.73 per sqft. Before that, the property was also sold for $535,000 in Sep 12, 2017. 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 $7,346 in taxes each year. 403 East Raymond Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $534,328. If we break it down further, the land itself was valued at $353,620. Improvements to the property, however, were assessed at a total of $180,708. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

Building Features

Driveway

Driveway

Parking

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

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220217
02/17/2022
2 Bed
2 Bath
1008 ft²
$675,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1008 ft²
-
-
-
Holly Beville
Compass
20170902
09/02/2017
2 Bed
2 Bath
-
$537,500
bedrooms
2 Bed
bathrooms
2 Bath
$535,000 -0.47%
09/19/2017
Kendra Whitaker

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 2007
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Good
  • Building Quality: C+
  • Construction Type: Frame
  • Building Style: Townhouse
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 2,614
  • Total Building Area: 1,008
  • Building Area: 1,008
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,008
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.06
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LOT 24 ST ELMO

Ownership

  • Current Owner : HWANG JANE
  • Previous Owner : LEE SHEN
  • Previous Owner 2: LEE EMILY
  • Owner Before Previous Owner: BRUNEAU SHERRY E
  • Owner Before Previous Owner 2: NEWBRAUGH JOEL T
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Alexandria City Public Schools
  • Census Tract: 201300

Zoning

  • Zoning: R-2-5 - SI

Geography

  • Assessors Map Reference: 25.01
  • Parcel: 60020700
  • Block: 4
  • Lot: 24
  • Latitude: 38.8306
  • Longitude: -77.0531

    Address

  • Full Address: 403 E Raymond Ave
  • Address - House Number: 403
  • Street Direction: E
  • Address - Street Name: Raymond
  • Address - Suffix Type: Ave
  • State: VA
  • City Name: Alexandria
  • Carrier Code: C007
  • 4-Digit Zip Code: 1039
  • Zip Code: 22301

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,346

    Appraisal Valuation

  • Standard Deviation: 0.1246
  • Valuation Date: May 03, 2023
  • Confidence Score: 86
  • Final Value: 643,098
  • High Value: 723,232
  • Low Value: 562,963

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $326,500
  • First Open Lien Mortgage Lender: FAIRWAY ASSET CORPORATION
  • First Open Lien Mortgage Recording Date: Mar 14, 2022
  • First Open Lien Mortgage Loan Amount: $326,500
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2042

    Market Valuation

  • Market Total Value: $534,328
  • Market Land Value: $353,620
  • Market Improvement Value: $180,708

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $534,328
  • Assessed Land Value: $353,620
  • Assessed Improvements Value: $180,708

    Sales

  • Current Sale Contract Date: Mar 04, 2022
  • Current Sale Recording Date: Mar 14, 2022
  • Current Sale Transaction ID: 11882580705
  • Current Sale Price: $726,500
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 3743
  • Previous Sale Recording Date: Sep 19, 2017
  • Previous Sale Contract Date: Sep 12, 2017
  • Previous Sale Amount: $535,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY ASSET CORPORATION
  • First Mortgage Transaction Date: Mar 14, 2022
  • First Mortgage Loan Amount: $326,500
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2042

    Previous Mortgages

  • Previous Mortgage Lender: GEORGE MASON MORTGAGE LLC
  • Previous Mortgage Transaction Date: Sep 19, 2017
  • Previous Mortgage Loan Amount: $480,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Potomac West



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Frequently Asked Questions

What neighborhood is 403 East Raymond Avenue located in?
The 403 East Raymond Avenue is a house located in the neighborhood of Del Ray in Potomac West, Alexandria.
What is the average sales price for listings in 403 East Raymond Avenue?
The average sales price for units in 403 East Raymond Avenue is $537,500 currently.

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