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5 Pioneer Mill Way

5 Pioneer Mill Way, Alexandria, VA 22314
Condo in Old Town
1 Units For Sale
Unit for sale at 5 PIONEER MILL WAY, ALEXANDRIA, VA 22314

$5,050,000

  • 3 Beds
  • 3 Baths
  • 2,771 ft²
5 PIONEER MILL WAY #501, ALEXANDRIA, VA 22314 Listing by Barbara Beckwith

5 Pioneer Mill Way is a condo located in Old Town, Alexandria. The building was first built in 2019 and is 5 years old.

Interested in learning more about the building? There are many great amenities and features for residents in the building. If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! There are 1 closings on record, of which we have matching data for 1 listings. In the past 3 years, a listing in this building will typically remain on the market for about 148 days and tend to sell below the original asking price of $4,695,000 by 7.35%. Meaning, listings tend to sell at a median of $1,653 price per square foot. The transaction that took the longest to complete was unit 401, listed on Jun 24, 2021 for $4,695,000. This particular unit ultimately sold 148 days later for $4,350,000. The most recent transaction was for unit 401, which was first advertised on Jun 24, 2021, sold for $4,350,000 on Nov 19, 2021. Fun fact, the oldest transaction we have on record took place on Nov 19, 2021. See the full transaction history for 5 Pioneer Mill Way below.

Old Town, where 5 Pioneer Mill Way is located, has a median asking price of $679,900 for condo buildings. Meanwhile, the building itself has a median asking price of $4,695,000. For interested buyers, that means the building's median asking price is around inf% above the neighborhood's median asking price for condos. A buyer may therefore end up paying more for a unit in this building compared to other condo buildings in the neighborhood.

There is currently one active listing for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. The asking price for the only active sales listing is $5,050,000. It is a 2,771 sqft 3-bedroom and 3-bathroom unit.

Building Features

Condition

New Construction

Exterior

Brick Exterior
Concrete Exterior
Glass Exterior

Accessibility

Elevators
ADA Access

Parking

Assigned Parking
Private Parking
Garage Parking

Building Style

Contemporary

Facilities

Fitness Center
Laundry Room
This property description is generated based on publicly available data.

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210624 Unit 401
06/24/2021
401
3 Bed
3 Bath
2840 ft²
$4,695,000
bedrooms
3 Bed
bathrooms
3 Bath
square feet
2840 ft²
$4,350,000 -7.35%
11/19/2021
Preston Innerst
EYA Marketing, LLC
20210125 Unit 402
01/25/2021
402
3 Bed
3 Bath
2840 ft²
$4,095,000
bedrooms
3 Bed
bathrooms
3 Bath
square feet
2840 ft²
-
-
-
-

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Bedroom Count: 0
  • Living Units: 6
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 12,632
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: ROBINSON LNDG MASTER
  • Land Acres: 0.29
  • Legal Description 1: LOT 608 ROBINSON TERMINAL SOUTH

Ownership

  • Current Owner : TEEL KEITH A
  • Current Owner 2: SNOW REBECCA
  • Previous Owner : RTS CONDO ASSOCIATES LLC
  • Owner Before Previous Owner: RTS CONDO ASSOCIATES LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Alexandria City Public Schools
  • Census Tract: 200703

Zoning

  • Zoning: CD-X - COM

Geography

  • Assessors Map Reference: MAP 75.03
  • Parcel: 60034980
  • Lot: 608
  • Latitude: 38.8009
  • Longitude: -77.0406

    Address

  • Full Address: 5 Pioneer Mill Way
  • Address - House Number: 5
  • Address - Street Name: Pioneer Mill
  • Address - Suffix Type: Way
  • State: VA
  • City Name: Alexandria
  • Carrier Code: C001
  • 4-Digit Zip Code: 3955
  • Zip Code: 22314

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0

    Appraisal Valuation

  • Standard Deviation: 0.0517
  • Valuation Date: Aug 17, 2022
  • Confidence Score: 99
  • Final Value: 1,361,550
  • High Value: 1,432,022
  • Low Value: 1,291,078

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $3,650,000
  • First Open Lien Mortgage Lender: EAGLEBANK
  • First Open Lien Mortgage Recording Date: Mar 11, 2020
  • First Open Lien Mortgage Financing Type: unknown
  • First Open Lien Mortgage Loan Amount: $3,650,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown

    Market Valuation

  • Market Total Value: $89,685,500
  • Market Land Value: $43,750,000
  • Market Improvement Value: $45,935,500

    Assessments Valuation

  • Assessed Year: 2022

    Sales

  • Current Sale Contract Date: Jan 06, 2021
  • Current Sale Recording Date: Jan 07, 2021
  • Current Sale Transaction ID: 11814875057
  • Current Sale Price: $4,000,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 210000577
  • Previous Sale Recording Date: Dec 22, 2020
  • Previous Sale Contract Date: Dec 17, 2020
  • Previous Sale Amount: $1,340,000
  • Previous Sale Document Type: unknown

About Downtown Alexandria



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Nearby Rentals

Unit for rent at 155 Potomac Passage #ph07, OXON HILL, MD, 20745

$3,800 /mo

  • 2 Beds
  • 2.5 Baths
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Frequently Asked Questions

What neighborhood is 5 Pioneer Mill Way located in?
The 5 Pioneer Mill Way is a condo located in the neighborhood of Old Town in Downtown Alexandria, Alexandria.
How many listings are currently for sale in 5 Pioneer Mill Way?
There is one unit for sale right now.
What is the average sales price for listings in 5 Pioneer Mill Way?
The average sales price for units in 5 Pioneer Mill Way is $4,695,000 , or $1,653/sqft. currently.

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