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610 Madison Street

610 Madison Street, Alexandria, VA 22314
Commercial in Old Town North
Local assessors in Alexandria, VA have categorized 610 Madison Street as a office type of property. The home was built in 1956 and is 68 years old. It was most recently renovated and altered in 1985. The property's lot size has been calculated to be 9,148 square feet. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 610 Madison Street has a total of 9,720 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. 610 Madison Street is a 3 code building. This 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". Moving onto specific details regarding the building. Our sources show that the building condition is good. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. The building has a flat style roof. Lots of masonry were used in the construction of the exterior walls of the home. Residents rely on an air conditioning type we are unsure of for their cooling system. The home's a heating system we are unsure of is the primary heating source. 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, 610 Madison Street was last sold in Aug 9, 2012 for $2,270,000. According to our calculations, that's $233.54 per sqft. Prior to that sales transaction, the property was sold for $600,000 in Jan 1, 1970. Current property owners are expected to pay $28,401 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 610 Madison Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $2,392,920. To break that down further, the land itself was valued at $1,873,944. While improvements to the property were assessed at a total of $518,976. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

Building Features

Exterior

Brick Exterior

Parking

Paved Parking
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20191103
11/03/2019
Loft
-
-
$4,250,000
bedrooms
Loft
bathrooms
-
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1985
  • Bedroom Count: 0
  • Building Condition: Good
  • Building Quality: B
  • Exterior Walls Type: Masonry
  • Roof Shape Type: Flat
  • Floor Count: 2
  • Business/Commerical Units Count: 9
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,148
  • Total Building Area: 9,720
  • Gross Building Area: 9,720
  • Building Area: 9,720
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Unsure
  • Heating: Other
  • Heated Square Feet: 9,720
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Building Type: Exterior non-combustible materials/Interior combustible materials
  • Property Class: Office
  • Land Acres: 0.21
  • Standard Land Use Code: Office bldg (general)
  • Legal Description 1: LOT 602 PROP OF STANDARD OIL CO & MILDRED E KOPLIN

Ownership

  • Current Owner : BOUYASS INVESTMENTS LLC
  • Previous Owner : KAMIZAKI LLC
  • Owner Before Previous Owner: MADISON LP
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Alexandria City Public Schools
  • Census Tract: 201805

Zoning

  • Zoning: CD-X - COM

Geography

  • Assessors Map Reference: 54.04
  • Parcel: 12164500
  • Block: 9
  • Lot: 602
  • Latitude: 38.8127
  • Longitude: -77.0447

    Address

  • Full Address: 610 Madison St
  • Address - House Number: 610
  • Address - Street Name: Madison
  • Address - Suffix Type: St
  • State: VA
  • City Name: Alexandria
  • Carrier Code: C013
  • 4-Digit Zip Code: 1758
  • Zip Code: 22314

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $28,401
  • Intital Tax Deliquent Year: 2021

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,525,000
  • First Open Lien Mortgage Lender: SANDY SPRING BANK
  • First Open Lien Mortgage Recording Date: Feb 15, 2022
  • 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
  • Second Open Lien Mortgage Lender: SANDY SPRING BANK
  • Second Open Lien Mortgage Recording Date: Feb 15, 2022
  • Second Open Lien Mortgage Financing Type: Adjustable Rate
  • Second Open Lien Mortgage Loan Amount: $325,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $2,392,920
  • Market Land Value: $1,873,944
  • Market Improvement Value: $518,976

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $2,392,920
  • Assessed Land Value: $1,873,944
  • Assessed Improvements Value: $518,976

    Sales

  • Current Sale Contract Date: Aug 09, 2012
  • Current Sale Recording Date: Aug 10, 2012
  • Current Sale Transaction ID: 11463559271
  • Current Sale Price: $2,270,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jun 09, 1994
  • Previous Sale Amount: $600,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Aug 10, 2012
  • First Mortgage Loan Amount: $1,475,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: BURKE & HERBERT BANK & TRUST C
  • Previous Mortgage Transaction Date: Jun 09, 1994
  • Previous Mortgage Loan Amount: $660,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Downtown Alexandria



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Frequently Asked Questions

What neighborhood is 610 Madison Street located in?
The 610 Madison Street is a commercial located in the neighborhood of Old Town North in Downtown Alexandria, Alexandria.
What is the average sales price for listings in 610 Madison Street?
The average sales price for units in 610 Madison Street is $0 currently.

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