Sold for $500,000

$500,000

181 E Reed Ave APT 211, Alexandria, VA 22305

1beds

1,014sqft

Condominium

Built in 2003

-- sqft lot

$505,700 Zestimate^®

$493/sqft

$2,650 Estimated rent

Home value

$505,700

$480,000 - $531,000

$2,650/mo

Zestimate^® history

Owner options

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$2,650/mo

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$2,650/mo

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$3,117/mo

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$3,117/mo

Est. payment

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What's special

Welcome Home to 181 E Reed Ave in the heart of Potomac Yards and blocks from the Potomac Yards metro! Amazing sundrenched corner unit with DEN, TWO garage parking spaces & a storage unit. Over 1000 sq ft of open floor plan with beautiful hardwoods, private balcony, gourmet kitchen with immense center island & SS Appls, spacious bedroom with walk-in closet, upgraded bathroom and washer/dryer. Only 10 minutes from the Pentagon, Pentagon City, Del Ray, DC, National Airport & Crystal City. Community amenities includes a fitness center, party room, expansive rooftop gathering area, & secure garage parking for residents and visitors.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 1
Full bathrooms: 1
Main level bathrooms: 1
Main level bedrooms: 1

Rooms

Room types: Living Room, Kitchen, Den, Bedroom 1, Bathroom 1

Basement

Area: 0

Heating

Forced Air, Natural Gas

Cooling

Central Air, Electric

Appliances

Included: Microwave, Dishwasher, Disposal, Dryer, Ice Maker, Oven/Range - Gas, Refrigerator, Stainless Steel Appliance(s), Washer, Washer/Dryer Stacked, Electric Water Heater
Laundry: Dryer In Unit, Washer In Unit, In Unit

Features

Ceiling Fan(s), Family Room Off Kitchen, Open Floorplan, Kitchen - Gourmet, Recessed Lighting, Upgraded Countertops
Flooring: Wood
Has basement: No
Has fireplace: No
Common walls with other units/homes: 1 Common Wall

Interior area

Total structure area: 1,014
Total interior livable area: 1,014 sqft
Finished area above ground: 1,014
Finished area below ground: 0

Property

Parking

Total spaces: 2
Parking features: Underground, Storage, Assigned, Garage
Garage spaces: 2
Details: Assigned Parking, Assigned Space #: 22 and 87

Accessibility

Accessibility features: Accessible Elevator Installed

Features

Levels: One
Stories: 1
Exterior features: Sidewalks, Balcony
Pool features: None

Lot

Features: Downtown

Details

Additional structures: Above Grade, Below Grade
Parcel number: 50703830
Zoning: 1
Special conditions: Standard

Construction

Type & style

Home type: Condo
Architectural style: Contemporary
Property subtype: Condominium
Attached to another structure: Yes

Materials

Masonry

Condition

Very Good
New construction: No
Year built: 2003

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Condo and coop fee: $657 monthly
Subdivision: Preston

HOA

Has HOA: No
Amenities included: Common Grounds, Elevator(s), Fitness Center, Storage, Meeting Room, Security
Services included: Common Area Maintenance, Maintenance Structure, Management, Reserve Funds, Sewer, Snow Removal, Trash, Water, Custodial Services Maintenance

Location

Region: Alexandria

Financial & listing details

Price per square foot: $493/sqft
Tax assessed value: $417,198
Annual tax amount: $4,404
Date on market: 6/4/2024
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional,VA Loan,FHA
Ownership: Condominium

Price history

Date	Event	Price
7/5/2024	Sold	$500,000-2.9%$493/sqft
Source: Bright MLS #VAAX2034364 Report a problem
6/12/2024	Pending sale	$515,000$508/sqft
Source: Bright MLS #VAAX2034364 Report a problem
6/4/2024	Listed for sale	$515,000+14.7%$508/sqft
Source: Bright MLS #VAAX2034364 Report a problem
6/16/2022	Sold	$449,000$443/sqft
Source: Bright MLS #VAAX2012410 Report a problem
5/18/2022	Contingent	$449,000$443/sqft
Source: Bright MLS #VAAX2012410 Report a problem
4/30/2022	Listed for sale	$449,000$443/sqft
Source: Bright MLS #VAAX2012410 Report a problem
4/30/2022	Listing removed	--
Source: Bright MLS #VAAX2010040 Report a problem
4/20/2022	Pending sale	$449,000$443/sqft
Source: Bright MLS #VAAX2010040 Report a problem
3/25/2022	Price change	$449,000-2.2%$443/sqft
Source: Bright MLS #VAAX2010040 Report a problem
3/3/2022	Price change	$459,000-2.1%$453/sqft
Source: Bright MLS #VAAX2010040 Report a problem
1/13/2022	Price change	$469,000-2.1%$463/sqft
Source: Bright MLS #VAAX2005412 Report a problem
11/11/2021	Listed for sale	$479,000+26511.1%$472/sqft
Source: Bright MLS #VAAX2005412 Report a problem
4/21/2016	Sold	$1,800-99.3%$2/sqft
Source: Agent Provided Report a problem
2/9/2005	Sold	$254,900$251/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2026	$5,839 +3%	$514,469 +3%
2025	$5,669 +14.7%	$499,478 +14.7%
2024	$4,944 +2.3%	$435,579
2023	$4,835 +4.4%	$435,579 +4.4%
2022	$4,631 +4.8%	$417,198 +6.5%
2021	$4,418	$391,803 +3.8%
2020	--	$377,549 +6.4%
2019	--	$354,888 +8.4%
2018	$3,013 -14.2%	$327,301 -4.5%
2017	$3,511	$342,707 +1.8%
2016	$3,511 +9.9%	$336,665 +9.9%
2015	$3,196 -6.5%	$306,384 -6.5%
2014	$3,416 +15.7%	$327,537 +8.5%
2013	$2,953	$301,904
2012	$2,953	$301,904
2011	$2,953	$301,904
2010	$2,953 +3.5%	$301,904 -4.5%
2009	$2,853 +4.8%	$315,973 -2%
2008	$2,724 -0.5%	$322,322 -2.3%
2007	$2,737 -16.8%	$329,780 -18.3%
2006	$3,289 -15.9%	$403,600 +10.4%
2005	$3,911	$365,500