601 South Washington Street

601 South Washington Street in Alexandria, VA was first built in 1800 and is 224 years old. Although, the building on the property was most recently renovated and altered in 1985. This has been categorized as a commercial property type. There are a total of 2 floors. 601 South Washington Street has 3,680 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 4,792 square feet.

Learn more about the property and building on this page. The building type has been coded as 3. The 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. The home has a flat style roof. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as average. The exterior walls of the home are made of masonry. Walk into the home itself and you'll find that it is currently being cooled with an air conditioning type we are unsure of. As for heating, the home 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, 601 South Washington Street was last sold in Oct 18, 2022 for $7,000,000. According to our calculations, that's $1,902.17 per sqft. Prior to that sales transaction, the property was sold for $1,625,000 in Jun 2, 2021. Current property owners are expected to pay $3,856 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2020. The property on 601 South Washington Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $1,609,022. To break that down further, the land itself was valued at $1,196,970. While improvements to the property were assessed at a total of $412,052. 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 possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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.