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608 Malcolm Place

608 Malcolm Place, Alexandria, VA 22302
Property in Temple Terrace
Sold Oct 08, 2021
$1,500,000
$1,200,000 by Finance Of America Mortgage Ll
Mortgage Due Aug 01, 2051
Sold May 05, 2008
$1,100,000
$400,000 by Wachovia Mtg Corp
Mortgage
608 Malcolm Place has been categorized by the local assessors in Alexandria, VA as a residential type of property. The building on the property was first built in 1946 and is 78 years old. However, we must point out that the home was most recently renovated and altered in 2012. The home has a total of 3 bedrooms. Residents will have access to 4 full bathrooms. There are 5 partial bathrooms in the home. The building has a total of 2 stories. In addition, 608 Malcolm Place has 2,414 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a finished improved basement that is 1,159 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 6,098 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. Residents will have the luxury of enjoying a covered porch. Moving on to the building itself. The condition of the building has been evaluated as good. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of A- by the local assessor. The building has a gable style roof made of asphalt. The exterior walls of the building are made of brick. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery 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, 608 Malcolm Place sold most recently in Oct 7, 2021 for a total of $1,500,000. If you work out the math, that's approximately a cost of $621.38 per sqft. Before that, the property was also sold for $1,100,000 in May 2, 2008. 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 $16,102 in taxes each year. 608 Malcolm Place was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $1,345,749. If we break it down further, the land itself was valued at $541,005. Improvements to the property, however, were assessed at a total of $804,744. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1946
  • Effective Year Built: 2012
  • Bedroom Count: 3
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 17
  • 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: 1,159
  • Parking Space Count: 0
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 6,098
  • Total Building Area: 2,414
  • Building Area: 2,414
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,414
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SECOND ADDN
  • Land Acres: 0.14
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 3 BLK 2 HARLOWS 2ND ADDN TO JEFFERSON PARK

Ownership

  • Current Owner : BERRANG ALEXANDER P
  • Current Owner 2: BERRANG ASHLEY C
  • Previous Owner : MOODY DENNIS MCCORD
  • Previous Owner 2: MOODY KERRY ANN
  • Owner Before Previous Owner: MALCOLM PLACE LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator

Neighborhood

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

Zoning

  • Zoning: R 8 - SING

Geography

  • Assessors Map Reference: 33.04
  • Parcel: 16011500
  • Block: 2
  • Lot: 3
  • Latitude: 38.8229
  • Longitude: -77.0715

    Address

  • Full Address: 608 Malcolm Pl
  • Address - House Number: 608
  • Address - Street Name: Malcolm
  • Address - Suffix Type: Pl
  • State: VA
  • City Name: Alexandria
  • Carrier Code: C005
  • 4-Digit Zip Code: 3718
  • Zip Code: 22302

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $16,102

    Appraisal Valuation

  • Standard Deviation: 0.12
  • Valuation Date: May 03, 2023
  • Confidence Score: 87
  • Final Value: 1,491,223
  • High Value: 1,670,290
  • Low Value: 1,312,155

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,200,000
  • First Open Lien Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Open Lien Mortgage Recording Date: Oct 08, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $1,200,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2051

    Market Valuation

  • Market Total Value: $1,345,749
  • Market Land Value: $541,005
  • Market Improvement Value: $804,744

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,345,749
  • Assessed Land Value: $541,005
  • Assessed Improvements Value: $804,744

    Sales

  • Current Sale Contract Date: Oct 07, 2021
  • Current Sale Recording Date: Oct 08, 2021
  • Current Sale Transaction ID: 11860120649
  • Current Sale Price: $1,500,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 210023422
  • Previous Sale Recording Date: May 05, 2008
  • Previous Sale Contract Date: May 02, 2008
  • Previous Sale Amount: $1,100,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Mortgage Transaction Date: Oct 08, 2021
  • First Mortgage Loan Amount: $1,200,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: WACHOVIA MTG CORP
  • Previous Mortgage Transaction Date: May 05, 2008
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $400,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About North Ridge - Rosemont



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Frequently Asked Questions

What neighborhood is 608 Malcolm Place located in?
The 608 Malcolm Place is a located in the neighborhood of Temple Terrace in North Ridge - Rosemont, Alexandria.
What is the average sales price for listings in 608 Malcolm Place?
The average sales price for units in 608 Malcolm Place is $0 currently.

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