Welcome to your next investment opportunity at Park Place Condominium in the heart of Alexandria, VA! This 1-bedroom, 1-bathroom unit offers a spacious layout with a private balcony that overlooks the inviting pool area—perfect for relaxing after a long day. While this unit is being sold as-is and needs some updates, it’s a fantastic chance for those with a vision or savvy investors looking to enhance value. Enjoy building amenities such as a refreshing pool, a fully-equipped fitness center, 24-hour security, a concierge service, a picnic area, and a vibrant party room—ideal for entertaining friends and family. Conveniently located, you'll have access to the free DASH bus right outside, making commuting a breeze. With similar units renting for around $2,000 per month, this property holds great rental potential! The condo fee covers water, sewer, heat/AC, electric, and gas, providing hassle-free living. Don’t miss out on this opportunity to transform this condo into your dream space or a lucrative investment. Schedule a tour today! As-Is sale
This property is $465.6K less than the Median Sold Price and $128/SqFt less than other homes in Alexandria, VA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: BRIGHT
MLS Number: #VAAX2038462
Listing Office:
Office Name: eXp Realty LLC
Office Phone: (703) 425-3582
Listing Agent: Melissa Govoruhk
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.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,066
Per Month
Principal & Interest
$999
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$666
Powered By
Advertisement
NMLS#3030
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Abingdon Elementary School
3035 S Abingdon St
Distance between this listing and this school0.55 miles
Public District Grades PK-5
5
/10
Claremont Immersion
4700 S Chesterfield Rd
Distance between this listing and this school1.11 miles
Public Magnet Grades PK-5
5
/10
James K. Polk Elementary School
5000 Polk Ave
Distance between this listing and this school1.14 miles
Public District Grades KG-5
Nearby Schools
3
/10
Francis C. Hammond Middle School
4646 Seminary Rd
Distance between this listing and this school0.69 miles
Public District Grades 6-8
5
/10
Gunston Middle School
2700 S Lang St
Distance between this listing and this school1.95 miles
Public District Grades 6-8
4
/10
Glasgow Middle School
4101 Fairfax Pkwy
Distance between this listing and this school2.27 miles
Public Magnet Grades 6-8
Nearby Schools
3
/10
Alexandria City High School
3330 King St
Distance between this listing and this school1.01 miles
Public District Grades 9-12
4
/10
Wakefield High School
1325 S Dinwiddie St
Distance between this listing and this school1.24 miles
Public District Grades 9-12
4
/10
Arlington Community High School
800 S Walter Reed Dr
Distance between this listing and this school2.36 miles
The neighbors living near this home have an average income of $62,305. The majority of Alexandria, VA residents have income between $35k-100k annually. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 2500 N Van Dorn St Unit 406
What is the listing price of this property?
The listing price of 2500 N Van Dorn St Unit 406 property is $199,999.
What type of property is this?
The property 2500 N Van Dorn St Unit 406 is a condo located in Alexandria, Virginia, 22302.
Is this property for sale now?
Active Listing: 2500 N Van Dorn St Unit 406 is For Sale (Active/New) which means the seller is accepting offers.
How many bedrooms and bathrooms does this property have?
The property at 2500 N Van Dorn St Unit 406 has 1 bedroom and 1 bathroom.
What is the square footage of this property?
The property 2500 N Van Dorn St Unit 406 is 784 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 2500 N Van Dorn St Unit 406 is 1965.
This home is located at 2500 N Van Dorn St Unit 406 in Alexandria, VA and zip code 22302 in the Seminary Hill / Strawberry Hill neighborhood. This 784 square foot home was built in 1965. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since October 31, 2024 and is currently priced at $199,999.
While more than 97 listings in Alexandria, VA in October 2024 were sold above asking price, there were more than 110 listings sold at asking price, and more than 79 were sold below. In October 2024 in Alexandria, VA there were 10.2% more homes for sale than in September 2024. Listings spent 21 days on the market in October 2024, and had a median list price of $665,694 during the same period.
From Rocket Homes Real Estate and based on county public records data.