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605 Malcolm Place

605 Malcolm Place, Alexandria, VA 22302
Sold Mar 28, 2019
$1,395,000
$800,000 by 3rd Party Individual
Mortgage
Sold Jun 16, 2017
$715,000
$536,250 by The Freedom Bank Of Virginia
Mortgage
605 Malcolm Place in Alexandria, VA was first built in 1946 and is 78 years old. Although, the building on the property was most recently renovated and altered in 2018. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 7 are bedrooms. In terms of bathrooms, there are a total of 5 full bathrooms. There are 6 partial bathrooms. 605 Malcolm Place has 2,386 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. The basement is 972 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 6,534 square feet.

Learn more about the property and building on this page. There is a covered porch. The home has a gable style roof made of asphalt. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of A. The condition of the building has been evaluated as good. The exterior walls of the home are made of brick. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 605 Malcolm Place sold most recently in Mar 27, 2019 for a total of $1,395,000. If you work out the math, that's approximately a cost of $584.66 per sqft. Before that, the property was also sold for $715,000 in Jun 15, 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 $17,406 in taxes each year. The initial year of tax delinquency occurred in 2018. 605 Malcolm Place was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $1,460,347. If we break it down further, the land itself was valued at $545,728. Improvements to the property, however, were assessed at a total of $914,619. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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

Exterior

Masonry Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1946
  • Effective Year Built: 2018
  • Bedroom Count: 7
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Bathroom Plumbing Fixtures: 23
  • Building Condition: Good
  • Building Quality: A
  • Construction Type: Masonry
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Finished improved basement
  • Basement Area: 972
  • Parking Space Count: 0
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 6,534
  • Total Building Area: 2,386
  • Building Area: 2,386
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,386
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SECOND ADDN
  • Land Acres: 0.15
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 9 BLK 1 HARLOWS 2ND ADDN TO JEFFERSON PARK & 5 FT STRIP ADJ

Ownership

  • Current Owner : BAETJER JESSICA
  • Current Owner 2: BAETJER PATRICK
  • Previous Owner : 605 MALCOLM PLACE LLC
  • Owner Before Previous Owner: LEE THOMAS CUYLER
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Alexandria City Public Schools
  • Census Tract: 200900

Zoning

  • Zoning: R 8 - SING

Geography

  • Assessors Map Reference: 33.04
  • Parcel: 16007500
  • Block: 1
  • Lot: 9
  • Latitude: 38.8233
  • Longitude: -77.0713

    Address

  • Full Address: 605 Malcolm Pl
  • Address - House Number: 605
  • Address - Street Name: Malcolm
  • Address - Suffix Type: Pl
  • State: VA
  • City Name: Alexandria
  • Carrier Code: C005
  • 4-Digit Zip Code: 3719
  • Zip Code: 22302

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $17,406
  • Intital Tax Deliquent Year: 2018

    Appraisal Valuation

  • Standard Deviation: 0.1188
  • Valuation Date: May 03, 2023
  • Confidence Score: 87
  • Final Value: 1,616,263
  • High Value: 1,808,333
  • Low Value: 1,424,194

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $800,000
  • First Open Lien Mortgage Lender: 3RD PARTY INDIVIDUAL
  • First Open Lien Mortgage Recording Date: Mar 28, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $800,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • First Open Lien Mortgage Private Lender: T

    Market Valuation

  • Market Total Value: $1,460,347
  • Market Land Value: $545,728
  • Market Improvement Value: $914,619

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,460,347
  • Assessed Land Value: $545,728
  • Assessed Improvements Value: $914,619

    Sales

  • Current Sale Contract Date: Mar 27, 2019
  • Current Sale Recording Date: Mar 28, 2019
  • Current Sale Transaction ID: 11594333686
  • Current Sale Price: $1,395,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 190003799
  • Previous Sale Recording Date: Jun 16, 2017
  • Previous Sale Contract Date: Jun 15, 2017
  • Previous Sale Amount: $715,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: 3RD PARTY INDIVIDUAL
  • First Mortgage Transaction Date: Mar 28, 2019
  • First Mortgage Loan Amount: $800,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Unknown (DEFAULT)

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: THE FREEDOM BANK OF VIRGINIA
  • Previous Mortgage Transaction Date: Jun 16, 2017
  • Previous Mortgage Loan Amount: $536,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About North Ridge - Rosemont



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Frequently Asked Questions

What neighborhood is 605 Malcolm Place located in?
The 605 Malcolm Place is a house located in the neighborhood of Temple Terrace in North Ridge - Rosemont, Alexandria.
What is the average sales price for listings in 605 Malcolm Place?
The average sales price for units in 605 Malcolm Place is $1,399,000 , or $345/sqft. currently.

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