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Sold for $556,000
  • $556,000

    181 E Reed Ave APT 411, Alexandria, VA 22305

    2beds
    1,263sqft
    Condominium
    Built in 2003
    -- sqft lot
    $553,900 Zestimate®
    $440/sqft
    $3,156 Estimated rent

    Home value

    $553,900

    $515,000 - $593,000

    $3,156/mo

    Zestimate® history
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    What's special

    Beautifully updatedTwo generously sized bedroomsWell-appointed bathroomsFloor-to-ceiling slate fireplace
    PRICE ADJUSTMENT! Luxury 2BR Condo in Potomac Yard with TWO Assigned Garage Spaces—Effortless City Living in Alexandria. Exceptional Value in Potomac Yard! Experience refined, low-maintenance living in this beautifully updated 2-bedroom, 2-bath luxury condo located in the heart of Alexandria’s vibrant Potomac Yard community. With a recent price adjustment, this is an incredible opportunity to own a stylish urban retreat offering the perfect blend of comfort, convenience, and sophistication. Step inside to discover a bright, open-concept layout filled with natural light, spacious living and dining areas, floor-to-ceiling slate fireplace and a contemporary kitchen designed for both effortless entertaining and everyday living. The thoughtfully designed floor plan offers two generously sized bedrooms, each paired with well-appointed bathrooms to create a private, retreat-like atmosphere. A standout feature of this home is the inclusion of TWO assigned garage parking spaces—a rare and highly coveted amenity in Alexandria—providing unmatched convenience and added value. Ideally situated near shopping, dining, parks, Metro access, and commuter routes, this home delivers the ultimate lock-and-leave lifestyle in one of Alexandria’s most desirable communities. Luxury, location, and a newly adjusted price make this condo an opportunity you won’t want to miss.

    Zillow last checked:

    Listing updated:

    Listed by:

    Sherri Foster 703-472-1818,

    Pearson Smith Realty, LLC

    Bought with:

    Donnan C. Wintermute, 0225052210

    Coldwell Banker Realty

    Source: Bright MLS,MLS#: VAAX2055602MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 2
    Rooms
    • Room types: Bedroom 2, Bedroom 1, Bathroom 1, Bathroom 2
    Bedroom 1
    • Level: Main
    Bedroom 2
    • Level: Main
    Bathroom 1
    • Level: Main
    Bathroom 2
    • Level: Main
    Heating
    • Central, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Microwave, Dishwasher, Disposal, Dryer, Ice Maker, Oven/Range - Electric, Refrigerator, Stainless Steel Appliance(s), Washer, Water Heater, Gas Water Heater
    • Laundry: Dryer In Unit, Washer In Unit, In Unit
    Features
    • Bathroom - Stall Shower, Bathroom - Tub Shower, Ceiling Fan(s), Open Floorplan, Kitchen Island
    • Flooring: Wood
    • Windows: Window Treatments
    • Has basement: No
    • Number of fireplaces: 1
    • Fireplace features: Corner, Glass Doors, Screen, Stone, Gas/Propane
    Interior area
    • Total structure area: 1,263
    • Total interior livable area: 1,263 sqft
    • Finished area above ground: 1,263
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Basement, Assigned, Garage
    • Attached garage spaces: 2
    • Details: Assigned Parking, Assigned Space #: 85, 99
    Accessibility
    • Accessibility features: Accessible Elevator Installed, No Stairs
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Brick, Roof Deck
    • Exterior features: Storage, Sidewalks, Balcony
    • Pool features: None
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 50703850
    • Zoning: CRMU/M
    • Special conditions: Standard
    • Other equipment: Intercom

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Traditional
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Brick Veneer
    Condition
    • New construction: No
    • Year built: 2003

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Community
    • Utilities for property: Electricity Available, Natural Gas Available, Sewer Available, Water Available

    Community & HOA

    Community
    • Security: Main Entrance Lock, Security Gate
    • Condo and coop fee: $939 monthly
    • Subdivision: Preston
    HOA
    • Has HOA: No
    • Amenities included: Common Grounds, Elevator(s), Storage, Fitness Center, Meeting Room, Security
    • Services included: Common Area Maintenance, Security, Sewer, Snow Removal, Water, Trash
    • HOA name: The Preston
    Location
    • Region: Alexandria

    Financial & listing details

    • Price per square foot: $440/sqft
    • Tax assessed value: $645,051
    • Annual tax amount: $7,321
    • Date on market: 3/26/2026
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Ownership: Condominium

    Price history

    DateEventPrice
    7/17/2026Sold$556,000-1.8%$440/sqft
    Source: Bright MLS #VAAX2055602 Report a problem
    5/24/2026Pending sale$566,000$448/sqft
    Source: Bright MLS #VAAX2055602 Report a problem
    5/14/2026Price change$566,000-2.4%$448/sqft
    Source: Bright MLS #VAAX2055602 Report a problem
    3/31/2026Price change$580,000-3.2%$459/sqft
    Source: Bright MLS #VAAX2055602 Report a problem
    3/26/2026Listed for sale$599,000-4.2%$474/sqft
    Source: Bright MLS #VAAX2055602 Report a problem
    3/23/2026Listing removed$625,000$495/sqft
    Source: Bright MLS #VAAX2051532 Report a problem
    2/19/2026Price change$625,000-0.8%$495/sqft
    Source: Bright MLS #VAAX2051532 Report a problem
    12/5/2025Listed for sale$630,000+11.3%$499/sqft
    Source: Bright MLS #VAAX2051532 Report a problem
    3/2/2023Sold$566,000+1.3%$448/sqft
    Source: Bright MLS #VAAX2019140 Report a problem
    2/23/2023Pending sale$559,000$443/sqft
    Source: Bright MLS #VAAX2019140 Report a problem
    2/10/2023Contingent$559,000$443/sqft
    Source: Bright MLS #VAAX2019140 Report a problem
    2/7/2023Price change$559,000-3.5%$443/sqft
    Source: Bright MLS #VAAX2019140 Report a problem
    1/19/2023Listed for sale$579,000-1%$458/sqft
    Source: Bright MLS #VAAX2019140 Report a problem
    11/7/2022Listing removed$585,000$463/sqft
    Source: Bright MLS #VAAX2017204 Report a problem
    10/26/2022Price change$585,000-3.3%$463/sqft
    Source: Bright MLS #VAAX2017204 Report a problem
    10/10/2022Price change$605,000-3.2%$479/sqft
    Source: Bright MLS #VAAX2017204 Report a problem
    9/23/2022Listed for sale$625,000+50.6%$495/sqft
    Source: Bright MLS #VAAX2017204 Report a problem
    11/25/2009Sold$415,000-4.6%$329/sqft
    Source: Public Record Report a problem
    5/8/2007Sold$435,000+7.7%$344/sqft
    Source: Public Record Report a problem
    2/14/2005Sold$403,850$320/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026$7,321 +3%$645,051 +3%
    2025$7,110 $626,395
    2024$7,110 +2.3%$626,395
    2023$6,953 +4.4%$626,395 +4.4%
    2022$6,661 +4.4%$600,097 +5.6%
    2021$6,379 $568,492 +3.7%
    2020-- $548,397 +6.3%
    2019-- $515,750 +8.7%
    2018$4,412 -13.4%$474,602 -4.7%
    2017$5,097 $497,760 +1.9%
    2016$5,097 +10.4%$488,679 +10.4%
    2015$4,617 -7.5%$442,620 -7.5%
    2014$4,990 +15.4%$478,461 +8.2%
    2013$4,323 $442,071
    2012$4,323 $442,071
    2011$4,323 $442,071
    2010$4,323 +3.3%$442,071 -4.6%
    2009$4,186 +4.4%$463,517 -2.3%
    2008$4,008 -0.8%$474,274 -2.6%
    2007$4,042 -17.4%$486,980 -18.9%
    2006$4,891 -16%$600,100 +10.3%
    2005$5,823 $544,200
    Find assessor info on the county website

    Neighborhood: Potomac West

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Alexandria City Public Schools

    Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $553,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $553,900