Back Apt 206/181 E Reed Ave
Off Market

Apt 206/181 E Reed Ave

Alexandria VA 22305

1
1
774 sq. ft.
Condo
Last sold for $350,000
Heidi BurkhardtHeidi Burkhardt, last sold this property on 29 August 2022 after -1 days on market.

Overview

PROPERTY UNDER CONTRACT, OPEN HOUSE CANCELLED. Welcome to this spacious 1 bed / 1 bath condo unit in the desirable PRESTON building, conveniently located between Old Town Alexandria, Del Ray, Potomac Yards, and Crystal City. Built in 2005, the boutique vibe of this 53-unit community is complimented with a hip roof-top deck, a billiards room, a fitness room, and coveted garage parking. The unit itself features high ceilings (9-ft), large picture windows, and an unobstructed view from the balcony off the bedroom. The open concept floorplan flows from the modern kitchen with black granite counters, stainless steel appliances, and upgraded cabinetry, through to the large picture windows which allow the natural light to flood the living areas. Newer luxury vinyl plank flooring (2021), recessed lighting, fresh neutral color palate, and updated lighting fixtures in the living area effortlessly showcase the continuous love and attention this unit has received. The bedroom has cozy wall-to-wall carpet, a walk-in closet, a sharp feature wall, and the real piece-de-resistance of the home, the private balcony! Additional storage unit, located on the first floor, and visitor parking, located within the secured parking garage, add convenience and value. Life-style is what condo-living is all about, and here at The Preston, it couldn't be easier. Amazing proximity to shops, pubs, groceries, convenience stores, dog-parks, recreation paths, public transportation (including the future site of The Potomac Yard Metro Station, the Alexandria Bus Rapid Transit lanes, & Washington National Airport), Alexandria, Arlington, The Pentagon, Amazon HQ, and Washington DC are all minutes from your door step! PLEASE NOTE CURRENT TAX ASSESSMENT VALUE IS REFLECTIVE OF PARTICIPATION WITH THE PROPERTY ORIGINALLY BEING A SET-ASIDE UNIT. CITY OF ALEXANDRIA PROVIDES A 35% RATE REDUCTION TO THE CURRENT OWNER, WHICH IS REFLECTED IN THE ASSESSED VALUE.

Features

1 bedroom
1 bathroom
774 sq. ft. floor area
Condo

Estimated Value

Based on this property and similar 1 bedroom condos sold in Alexandria over the last 12 months, the estimated median property value of Apt 206/181 E Reed Ave is $267k.

Median value
$267k
Estimated value range
$215k - $375k
Median days on market
28
Estimated value trend
-8%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Alexandria. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for Apt 206/181 E Reed Ave

2022
Sold
$350,000
29 Aug 2022 by Heidi Burkhardt, of McEnearney Associates, Inc.

Happy sellers in Alexandria

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We have insufficient information to provide an overview of customer satisfaction for Alexandria. Viewing the agent profiles, reviews and sales for Alexandria can provide insights for this location.

Local market activity for 1 bedroom condos in Alexandria

In the last 12 months, 9 one-bedroom condos similar to Apt 206/181 E Reed Ave, have been sold.

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