1 month on rocket

1116 Valley Dr, Alexandria, VA, 22302

$505,000

Home List Price

$5,997*

Closing Credit

3 Bedrooms
1 Full Bath
1,170 SqFt
$432/SqFt
Condo

Location

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1116 Valley Dr, Alexandria$505,000

Buyer Closing Credits

$5,997*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingUnassigned, On Street
Year Built1941
HeatingBaseboard, Forced Air
ViewGarden, Trees/Woods
MLS #VAAX2038866
StatusActive
(ACTIVE)

About 1116 Valley Dr

**Conventional financing available** Welcome home to this always desirable three-bedroom condo in Alexandria, showcasing modern amenities and traditional charm, including a picturesque back patio space, perfect to enjoy the serene Parkfairfax common grounds. The unit includes a sought-after mini-split system for heating and cooling, a significant upgrade over traditional wall units. In addition, the unit's welcoming and spacious main-level includes plenty of natural light through replaced windows, warm hardwood floors, recessed lighting, crown molding, and an decorative brick dining room accent wall, enhancing atmosphere and ambiance. The upgraded kitchen includes attractive and abundant white cabinets and large pantry, updated flooring, stainless-steel appliances and updated countertops and farm-house sink. The second level (optional stair lift available) boasts an updated full bathroom and three large bedrooms, including custom closet designs, affording buyers space for guests, an office, or activities. The renovated full bath includes gorgeous herringbone tile and shower niche. The second level also features a desirable dedicated space for washer and dryer. The home also includes a pull-down attic for extra storage. Unit owners will enjoy the large, recently refinished deck space, overlooking peaceful common areas to enjoy relaxing, gardening, or entertaining. Parkfairfax is a historic community featuring a host of amenities, including three pools, tennis courts, tot lots, an exercise room, and so much more. Condo fees include water, trash, gas, and convenient six-day per week trash service. Residents benefit from easy access to public transportation and I-395, as well as to shopping, dining, nightlife and arts and entertainment in nearby Shirlington, Del Ray, and Old Town. This commuter's dream home is also minutes from The Pentagon, National Landing, and Washington, DC.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1941
  • Stories: 2
  • Living Area: 1,170 SqFt

Listing Office:

  • Office Name: Long & Foster Real Estate, Inc.
  • Office Phone: (703) 683-0400
  • Listing Agent: Tim Tassa

Interior Features

Interior Information:

  • Appliances: Microwave, Dishwasher, Disposal, Washer, Dryer, Refrigerator
  • Basement: No
  • Flooring Type: Solid Hardwood
  • Interior: Attic, Ceiling Fan(s), Dining Area, Floor Plan - Traditional, Recessed Lighting, Wood Floors, Bathroom - Walk-In Shower, Crown Moldings

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Garden, Trees/Woods
  • Exterior: Awning(s)

Parking Information:

  • Parking: Unassigned, On Street

Lot Features

Lot Information:

  • Lot: Back Yard

Utilities

Utilities Information:

  • Heating: Baseboard, Forced Air

Other

Directions Information:

  • Directions: From Quaker Lane, turn on Preston Rd, turn left on Martha Custis, follow to Valley Dr

Price Information

Listing Price Info

Price Summary:

  • List Price: $505,000
  • Price Per SqFt: $432/SqFt

Tax Information:

  • Annual Amount: $4,676
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Alexandria, VA.

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Alexandria, VA

City

Med. Sold Price

$671.4K

Med. Price/SqFt

$385

Avg. Days On Market

23

# of Sold Homes

259

1116 Valley Dr vs Alexandria

56 DAYS ON ROCKET

+33 Days

$505,000

-$166.4K Less

$432/SqFt

+$47 More

KEY TAKEAWAY

This property is $166.4K less than the Median Sold Price and $47/SqFt more than other homes in Alexandria, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #VAAX2038866

Listing Office:

  • Office Name: Long & Foster Real Estate, Inc.
  • Office Phone: (703) 683-0400
  • Listing Agent: Tim Tassa

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 5:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 17, 2010Home Sold
$400,000
Dec 21, 2004Home Sold
$357,500

Tax History

YEARPROP. TAXASSESSMENT
2021$4,676$421,257
2020$4,327$382,961
2019$3,963$361,283
2018$3,964$350,761
2017$3,851$340,795

History based on county public records data.

Payment Calculator

$2,588

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,581

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-882931
4
/10

  • Charles Barrett Elementary School

  • 1115 Martha Custis Dr

  • 0.04 miles

  • Public District Grades KG-5

school-card-donut-882932
5
/10

  • Oakridge Elementary School

  • 1414 24th St S

  • 0.71 miles

  • Public District Grades PK-5

school-card-donut-882933
3
/10

  • Dr. Charles R. Drew Elementary School

  • 3500 23rd St S

  • 0.71 miles

  • Public Magnet Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $81,981. The majority of Alexandria, VA residents have income between $35k-100k annually. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1116 Valley Dr

What is the listing price of this property?

The listing price of 1116 Valley Dr property is $505,000.

What type of property is this?

The property 1116 Valley Dr is a condo located in Alexandria, Virginia, 22302.

Is this property for sale now?

Active Listing: 1116 Valley Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $4,676 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on February 17, 2010 for $400,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1116 Valley Dr has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 1116 Valley Dr is 1,170 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1116 Valley Dr is 1941.

Rocket Homes›Virginia›Alexandria›22302›1116 Valley Dr

This home is located at 1116 Valley Dr in Alexandria, VA and zip code 22302 in the Parkfairfax neighborhood. This 1,170 square foot home was built in 1941. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 26, 2024 and is currently priced at $505,000.

While more than 85 listings in Alexandria, VA in November 2024 were sold above asking price, there were more than 72 listings sold at asking price, and more than 102 were sold below. In November 2024 in Alexandria, VA there were 3.5% less homes for sale than in October 2024. Listings spent 23 days on the market in November 2024, and had a median list price of $671,449 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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