403 North Henry Street

403 North Henry Street has been categorized by the local assessors in Alexandria, VA as a office type of property. The building on the property was first built in 1987 and is 37 years old. The building has a total of 3 stories. In addition, 403 North Henry Street has 4,151 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 4,792 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 average. 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 flat 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. 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 North Henry Street sold most recently in May 24, 2022 for a total of $1,300,000. If you work out the math, that's approximately a cost of $313.18 per sqft. Before that, the property was also sold for $337,000 in Jan 1, 1970. 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 $14,682 in taxes each year. The initial year of tax delinquency occurred in 2021. 403 North Henry Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,322,685. If we break it down further, the land itself was valued at $955,589. Improvements to the property, however, were assessed at a total of $367,096. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.