June 5th, 2010:
Old Town: The Best of Yesterday and Today
.jpg "Waterfront in Old Town Alexandria VA")
at the Potomac River in Alexandria VA
There’s the good old days, and there’s modern conveniences. Why can’t we have both? As it turns out, we can.
Old Town Alexandria, located in Virginia near Washington D.C., is part of the larger city of Alexandria – and one of the more upscale districts in the region. The antique community traces its roots to colonial America, when Alexandria was a seaport. A look at Alexandria’s history is a roll call of United States history. The city was George Washington’s hometown. Thomas Jefferson was known to entertain guests at Gadsby’s Tavern. Christ Church saw such notable worshipers as Robert E. Lee. In all, the district is home to more than 4,000 historic buildings that remain true to their original architecture, but house modern businesses and homes.
At the Torpedo Factory and Potomac in Old Town
Old Town Alexandria offers everything needed for locals and tourists both. Restaurants run the gamut from fast food to fine dining. Retailers such as Banana Republic, Gap and Brooks Brothers operate shops there. There’s nightlife, as well. Old Town is known for its upscale, laid back, well dressed and well-behaved partiers.
Showing properties
1 - 5 of 130.
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(all data current as of
5/22/2012)
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$709,900 : 412 Pendleton St, Alexandria3 beds, 3 full, 1 part baths
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$624,900 : 520 John Carlyle St #107, Alexandria1 bed, 1 full, 1 part baths
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$729,900 : 604 Tivoli Passage Way #Pb-16, Alexandria3 beds, 3 full baths
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$789,000 : 416 Patrick St N, Alexandria4 beds, 3 full, 1 part baths
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$775,000 : 745 Fayette St N, Alexandria3 beds, 2 full, 1 part baths
Listing information deemed reliable but not guaranteed. Read full disclaimer.
Fall in love with Montebello Condominiums
About the features and amenities of Montebello
Want a reason to fall in love with Montebello Condominiums? We’ll give you nine:
View toward Alexandria
1. Community Center
A feature-filled community center means residents can enjoy swimming, work-outs, and other activities without leaving home.
2. Clubhouse
Dine out while staying home. Dinner and lunch are served in the clubhouse.
3. Market
The Montebello community would not be complete without its own market.
4. On-Site Dry Cleaner
Montebello units include laundry facilities. For those items that need a little extra care, residents also have a community dry cleaner on site.
5. Natural Beauty
Montebello features more than thirty acres of well-tended grounds, trails and woods.
6. Walking Trails
Residents can go for a walk around the condominium or stroll along trails winding through nearby parks.
7. Take a Quick Walk to Metro
Need to go somewhere? Just take the short path connecting Montebello to the Huntington Metro.
8. Balcony With a View
Want to take in the view? Each of Montebello’s units boasts a balcony. It’s the perfect place to take in the area’s breathtaking views or just watch the sun rise or set.
9. A Secure, Gated Community
Unlike some communities, there’s no “cut-through” traffic to deal with at Montebello. Guards keep the gates secure twenty-four hours a day.
Showing properties
1 - 5 of 14.
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(all data current as of
5/22/2012)
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$254,000 : 5902 Mount Eagle Dr #311, Alexandria2 beds, 1 full, 1 part baths
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$425,000 : 5904 Mount Eagle Dr #708, Alexandria3 beds, 2 full baths
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$298,000 : 5904 Mount Eagle Dr #105, Alexandria2 beds, 2 full baths
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$459,000 : 5903 Mount Eagle Dr #118, Alexandria3 beds, 2 full baths
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$415,000 : 5903 Mount Eagle Dr #604, Alexandria2 beds, 2 full baths
Listing information deemed reliable but not guaranteed. Read full disclaimer.
Atrium Condominiums
Atrium condos
You have a lot of options to consider when looking for a place to live. Do you look for convenience over location? A nice neighborhood over convenience? Amenities over location? Take a look at Atrium Condominiums, and you’ll see there’s no need to compromise.
Atrium sits atop a hill at 1530 Key Boulevard in Arlington, Virginia. A true commuter’s dream, the condo lies between the Rosslyn and Courthouse Metro stations in the heart of the city. Arlington has a bus stop right in front. There’s a Georgetown metro stop across the street. The Pentagon City shuttle stops one block away. And the condo’s ideally situated for access to the Orange and Blue Metro lines.
Walk past the Atrium Condominiums, and you might think it’s a grand hotel. The building was renovated inside and out in 2006, and features a glass entrance and impressive lobby. And the views of the Potomac River and nearby Washington, D.C., are unparalleled.
As an added bonus, the Atrium is just minutes from everything you could possibly need: grocery stores, pharmacies and a whole slew of restaurants such as Ray’s Hell-burger and Cafe Asia. Of course, you don’t have to leave to experience the benefits of living in these condominiums. The Atrium’s amenities include a dry cleaning service on site, hot tubs, 24-hour gym and private tennis courts.
Showing properties
1 - 2 of 2.
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(all data current as of
5/22/2012)
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$909,000 : 1530 Key Blvd N #704, Arlington3 beds, 3 full baths
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$789,000 : 1530 Key Blvd #1319, Arlington2 beds, 2 full, 1 part baths
Listing information deemed reliable but not guaranteed. Read full disclaimer.
How does number of bedrooms impact price if square footage is equal
Question:
All homes listed have 1.5 baths, are close in square footage (1200-1270 sq feet), historic, built in same time period (1870s-1880s), and located in the same neighborhood:
Home #1: Sold for $517/sq ft this month. Three bedrooms. Two of three bedrooms are small but would accommodate twin bed, nursery, or office.
Home #2: Sold for $518/sq ft this month. Two bedrooms. Renovated kitchen with granite, cherry, stainless.
My house, home #3, sold for $480/sq ft one year ago. One true bedroom. Also has a large room (but no door) that is used as informal living space or could be a home office. A third small room is used as a laundry/walk-in closet. If the closet fittings were removed, it could be used as an office or nursery (it has windows). For listing purposes, it was counted as a second bedroom. To access the “laundry” room and the full bathroom from the rest of the house, you must walk through the bedroom.
What is Home 3 worth now relative to Homes 1 & 2?
Answer:
The prices of residential real estate are often “notional”. That is to say that notions in the buyers and sellers of real estate will impact the price in ways that we can’t always quantify. In a large market like Alexandria, real estate is a commodity in the sense that it is difficult to find something the market hasn’t already rewarded or punished. But is it not a commodity in the sense that you can tally a square footage price and add an amount per bedrooms or multiply the price by a certain factor based upon the number of bedrooms.
Are they at the same address? In the same building? In your example above, what is the view from these units? Is the condition of these properties identical? Even a licensed appraiser with answers to all these questions would be hard-pressed to give you an answer without know the tax assessments and the contract price on these properties.
In the end, a home is worth exactly what a buyer will pay for it, if the seller will sell for that amount.
Will Nesbitt
Will Nesbitt is the principal broker of Condo Alexandria / Will Nesbitt Realty LLC.
