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525 North Fayette Street

525 North Fayette Street, Alexandria, VA 22314
525 North Fayette Street is a condo located in Monarch Condominiums, Alexandria. The building was first built in 2011 and is 13 years old. 525 North Fayette Street has a total of 1 floors.

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 51 closings on record, of which we have matching data for 8 listings. In the past 3 years, a listing in this building will typically remain on the market for about 72 days and tend to sell below the original asking price of $592,000 by 0.60%. Meaning, listings tend to sell at a median of $550 price per square foot. The transaction that took the longest to complete was unit 618, listed on Jul 15, 2021 for $625,000. This particular unit ultimately sold 118 days later for $605,000. The most recent transaction was for unit 612, sold for $820,000,000 on May 04, 2023. Fun fact, the oldest transaction we have on record took place on Oct 26, 2007. See the full transaction history for 525 North Fayette Street below.

Monarch Condominiums, where 525 North Fayette Street is located, has a median asking price of $679,900 for condo buildings. Meanwhile, the building itself has a median asking price of $592,000. For interested buyers, that means the building's median asking price is around 0.13% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Brick Exterior
Block Exterior

Parking

Garage Parking
Assigned Parking
Permit Parking
Attached Garage

Accessibility

Elevators
ADA Access

Facilities

Fitness Center

Building Style

Contemporary

Condition

New Construction
This property description is generated based on publicly available data.

31 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230831 Unit 213
08/31/2023
213
2 Bed
2 Bath
1112 ft²
$610,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1112 ft²
$599,900 -1.66%
11/15/2023
-
Marcella Covarrubias
Compass
20230719 Unit 611
07/19/2023
611
2 Bed
2 Bath
1073 ft²
$629,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1073 ft²
$620,000 -1.43%
08/31/2023
-
Susan Sarcone
McEnearney Associates, Inc.
20230524 Unit 612
05/24/2023
612
2 Bed
2 Bath
1490 ft²
$820,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1490 ft²
$820,000
05/03/2023
-
Non Member
Metropolitan Regional Information Systems, Inc.
20230427 Unit 223
04/27/2023
223
2 Bed
2 Bath
1150 ft²
$624,900
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1150 ft²
$651,000 +4.18%
05/18/2023
-
Ryan Mills
Redfin Corporation
20230209 Unit 422
02/09/2023
422
1 Bed
2 Bath
945 ft²
$568,000
bedrooms
1 Bed
bathrooms
2 Bath
square feet
945 ft²
$560,000 -1.41%
04/19/2023
-
John Spahr
Long & Foster Real Estate, Inc.
20221228 Unit 219
12/28/2022
219
2 Bed
2 Bath
1075 ft²
$599,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1075 ft²
$599,000
03/07/2023
Benjamin Grouby
Redfin Corporation
20221110 Unit 217
11/10/2022
217
1 Bed
1 Bath
688 ft²
$424,900
bedrooms
1 Bed
bathrooms
1 Bath
square feet
688 ft²
-
-
-
Lauren Kolazas
RLAH @properties
20220722 Unit 518
07/22/2022
518
2 Bed
2 Bath
1093 ft²
$625,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1093 ft²
-
-
-
Jason Trotman
Realty Pros
20220616 Unit 322
06/16/2022
322
2 Bed
2 Bath
946 ft²
$524,900
bedrooms
2 Bed
bathrooms
2 Bath
square feet
946 ft²
-
-
-
Jason Cheperdak
Samson Properties
20220521
05/21/2022
2 Bed
2 Bath
-
$620,000
bedrooms
2 Bed
bathrooms
2 Bath
-
-
-
Paul Scott
Alex/OldTown HistoricDistrict
20220331 Unit 306
03/31/2022
306
2 Bed
2 Bath
1113 ft²
$625,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1113 ft²
-
-
-
Mark Rutstein
Compass
20220208 Unit 415
02/08/2022
415
1 Bed
1 Bath
688 ft²
$418,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
688 ft²
-
-
-
Lisa Koch
'Weichert, REALTORS
20210715 Unit 618
07/15/2021
618
2 Bed
2 Bath
1093 ft²
$625,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1093 ft²
$605,000 -3.20%
11/10/2021
Matt Ferris
Redfin Corporation
20210419
04/19/2021
1 Bed
1 Bath
-
$432,000
bedrooms
1 Bed
bathrooms
1 Bath
-
-
-
Brian S Hong
Alex/OldTown HistoricDistrict
20210209 Unit 119
02/09/2021
119
2 Bed
2 Bath
1076 ft²
$585,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1076 ft²
$585,000
03/22/2021
Laurie Perl
20201129 Unit 220
11/29/2020
220
1 Bed
1 Bath
733 ft²
$415,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
733 ft²
$410,000 -1.20%
02/23/2021
Christine Sennott
20201001 Unit 514
10/01/2020
514
2 Bed
2 Bath
1094 ft²
$600,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1094 ft²
$605,000 +0.83%
12/23/2020
Ginger Burns-Bigdeli
20200723 Unit 306
07/23/2020
306
2 Bed
2 Bath
1114 ft²
$600,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1114 ft²
-
-
-
-
20200604 Unit 308
06/04/2020
308
2 Bed
2 Bath
1097 ft²
$595,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1097 ft²
$574,900 -3.38%
07/21/2020
Jacob Hamilton
20200514 Unit 608
05/14/2020
608
2 Bed
2 Bath
1097 ft²
$619,500
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1097 ft²
-
-
-
-
20200429 Unit 223
04/29/2020
223
2 Bed
2 Bath
1150 ft²
$589,900
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1150 ft²
-
-
-
-
20191209 Unit 613
12/09/2019
613
2 Bed
2 Bath
1086 ft²
$619,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1086 ft²
-
-
-
-
20191030
10/30/2019
2 Bed
2 Bath
-
$635,000
bedrooms
2 Bed
bathrooms
2 Bath
-
-
-
-
20190321 Unit 308
03/21/2019
308
2 Bed
2 Bath
1097 ft²
$519,900
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1097 ft²
-
-
-
-
20190215 Unit 410
02/15/2019
410
1 Bed
1 Bath
687 ft²
$419,900
bedrooms
1 Bed
bathrooms
1 Bath
square feet
687 ft²
-
-
-
-
20181219 Unit 619
12/19/2018
619
2 Bed
2 Bath
1075 ft²
$600,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1075 ft²
$600,000
02/22/2019
Brian MacMahon
20180823 Unit 421
08/23/2018
421
1 Bed
1 Bath
731 ft²
-
bedrooms
1 Bed
bathrooms
1 Bath
square feet
731 ft²
-
-
-
-
20180809 Unit 304
08/09/2018
304
1 Bed
1 Bath
688 ft²
-
bedrooms
1 Bed
bathrooms
1 Bath
square feet
688 ft²
-
-
-
-
20160816 Unit 518
08/16/2016
518
2 Bed
2 Bath
1093 ft²
$540,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1093 ft²
$525,000 -2.78%
09/30/2016
-
Sarah Moorman
Samson Properties
20160211 Unit 523
02/11/2016
523
2 Bed
2 Bath
1067 ft²
$535,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1067 ft²
$525,000 -1.87%
04/25/2016
Maria Leightley
Long & Foster Real Estate, Inc.
20151016 Unit 519
10/16/2015
519
2 Bed
2 Bath
1075 ft²
$535,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1075 ft²
$528,000 -1.31%
12/17/2015
-
Elizabeth Stone
RE/MAX Allegiance

Building Info

Overview

    General

  • Year Built: 2011
  • Effective Year Built: 2011
  • Bedroom Count: 0
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 0
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: None
  • Heating Fuel Type: None

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Standard Land Use Code: Parking garage, parking structure
  • Legal Description 1: THE HENRY CONDOMINIUM - UNASSIGNED PARKING SPACES

Ownership

  • Current Owner : GIORDANO KATHRYN
  • Previous Owner : DIAMOND ALEXANDRIA LLC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Alexandria City Public Schools
  • Census Tract: 201600

Zoning

  • Zoning: R 8 - SING

Geography

  • Assessors Map Reference: 64.01
  • Parcel: 60022880
  • Block: B
  • Latitude: 38.8111
  • Longitude: -77.0508

    Address

  • Full Address: 525 N Fayette St
  • Address - House Number: 525
  • Street Direction: N
  • Address - Street Name: Fayette
  • Address - Suffix Type: St
  • State: VA
  • City Name: Alexandria
  • Carrier Code: C033
  • 4-Digit Zip Code: 2260
  • Zip Code: 22314

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $13,209
  • Intital Tax Deliquent Year: 2014

    Market Valuation

  • Market Total Value: $1,190,000
  • Market Improvement Value: $1,190,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,190,000
  • Assessed Improvements Value: $1,190,000

    Sales

  • Current Sale Contract Date: Oct 19, 2007
  • Current Sale Recording Date: Oct 22, 2007
  • Current Sale Transaction ID: 1187645509
  • Current Sale Price: $545,912
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITIMORTGAGE INC
  • First Mortgage Transaction Date: Oct 22, 2007
  • First Mortgage Loan Amount: $417,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • Second Mortgage Lender: CITIBANK NA
  • Second Mortgage Transaction Date: Oct 22, 2007
  • Second Current Mortgage Financing Type: Fixed Rate
  • Second Mortgage Loan Amount: $55,447
  • Second Mortgage Terms: 360
  • Second Mortgage Loan Type: Unknown (DEFAULT)
  • Second Mortgage Loan Due Date: Oct 19, 2037

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Downtown Alexandria



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Frequently Asked Questions

What neighborhood is 525 North Fayette Street located in?
The 525 North Fayette Street is a condo located in the neighborhood of Monarch Condominiums in Downtown Alexandria, Alexandria.
What is the average sales price for listings in 525 North Fayette Street?
The average sales price for units in 525 North Fayette Street is $592,000 , or $550/sqft. currently.

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