225 Strand Street, Unit 504

Alexandria, VA 22314

$2,145,000
Last Sold Price
3
Beds
2
Baths
1
1/2 Bath
2,420 Sq. Ft.
$886 / Sq. Ft.
2,420
Sq. Ft.
$886
per Sq. Ft.

Description

Rarely does such an opportunity present itself in historic Old Town Alexandria. Located at 225 Strand Street, adjacent to the Hotel Indigo, Watermark is a boutique condominium of just 18 residences plus two small, complimentary retail spaces. Penthouse #504 is possibly the best layout in the building. Encompassing the southwest corner of the top floor, this 3BR (or 2BR/DEN) with 2.5 baths offers 2,420 sq ft of interior living space plus a large balcony with views of the Potomac River. A welcoming...Rarely does such an opportunity present itself in historic Old Town Alexandria. Located at 225 Strand Street, adjacent to the Hotel Indigo, Watermark is a boutique condominium of just 18 residences plus two small, complimentary retail spaces. Penthouse #504 is possibly the best layout in the building. Encompassing the southwest corner of the top floor, this 3BR (or 2BR/DEN) with 2.5 baths offers 2,420 sq ft of interior living space plus a large balcony with views of the Potomac River. A welcoming foyer creates definition between the kitchen / dining / living area and the guest and primary bedrooms, each with their own en-suite full bathrooms. The open kitchen with large island features quartz counters, white cabinets with soft-closing doors and drawers, Bosch stainless steel appliances with gas cooking and under-counter wine fridge, plus LED recessed and pendant lighting. Warm oak hardwood floors run throughout the home. The open dining and living areas are flooded with natural light from the oversized double-hung windows. The positioning at the southwest corner of the building provides a view over Old Town's historic townhomes along with Potomac River views from the large balcony. A gas fireplace keeps the home cozy and warm and provides separation to the spacious den with a closet that is ideal for a home office (or a 3rd bedroom). A full laundry room with side-by-side washer and dryer plus utility sink allow this residence to live like a single family home. The guest bedroom is quite large with two closets and a private full bathroom with a marble shower with frameless glass door. The primary suite is its own retreat. The bedroom can easily accommodate a king-sized bed and a sitting area. Two walk-in closets plus a 3rd closet meet the needs of the most demanding wardrobes. The spa-inspired bathroom offers heated floors, two sinks, large shower and separate soaking tub, plus a separate water closet.

Watermark's location is unmatched: shops, restaurants, the Alexandria waterfront, and the Old Dominion Boat Club are just steps from your front door. The building's classic architectural elements blend seamlessly with the surrounding historic district. The lobby sets the tone for elegance with abundant marble and designer light fixtures by Murano. The secure garage provides two assigned spaces for the home and a bike room is available when only two wheels are needed. The fob-secured elevator not only brings you swiftly to the fifth floor with private storage just outside the home, but also to Watermark's resident only roof terrace. At 53 feet above Old Town, the roof terrace offers multiple seating areas, heaters, gas grills, and sweeping views of the Potomac River and the nation's Capital beyond. The simple, and boutique nature of the building allow for low condo fees that can be as little as half of what comparable condominiums require.

Don't miss this rare opportunity!

Listing Agent

  1. Jamie Test

    Jamie Test

    Listing Agent

    Compass

    jtest@compass.com

    P: 703.819.0436

Property Details for 225 Strand Street, Unit 504

Tax ID Number
60039880
Ownership
Condominium
Condo Coop Association
Yes
HOA
No
Entry Floor Number
5
Structure Type
Unit/Flat/Apartment
Style
Traditional
Levels/Stories
1

Location

Add your commute
LISTING UPDATED: 04/13/2023 03:23 PM

Property Details for 225 Strand Street, Unit 504

StatusClosed
MLS #VAAX2019704
Days on Market41
Taxes$19,689 / year
HOA Fees-
Condo/Co-op Fees$1,190 / month
Compass TypeCondo
MLS TypeResidential / Condo
Year Built2020
CountyAlexandria

Building

Watermark

Built in 2020

Location

Add your commute

Virtual Tour

Building Information for 225 Strand Street, Unit 504

Building/ComplexWatermarkFloor-Stories-Residences-Pet PolicyAllowedYear Built2020

Payment Calculator

$14,537 per month

30 year fixed, 7.25% Interest

Principal and Interest

$11,706

Property Taxes

$1,641

HOA Dues

$1,190

The Payment Calculator is for illustrative purposes only.

Property Information for 225 Strand Street, Unit 504

Location
Location
  • In City Limits: Yes
  • School District Name: ALEXANDRIA CITY PUBLIC SCHOOLS
  • School District County ID: 121139111593
  • SchoolDistrictSource: Listing Agent
  • High School: ALEXANDRIA CITY (ALEXANDRIA CITY VA)
  • County: ALEXANDRIA CITY
Waterfront / Water Access
Waterfront / Water Access
  • Water View: Yes
  • Water Access: No
  • Water Oriented: Yes
  • Navigable Water: No
  • Water Body Name: Potomac River
  • Water Body Type: River
  • Water Frontage In Feet: 1.0
  • Riparian Rights Y/N: No
  • Distance To Body Of Water: 200.00
  • Distance To Body Of Water Units: Feet
Association / Community Info
Association / Community Info
  • Condo Coop Name: WATERMARK
  • HOA Condo Coop Mgmt Type: Professional - Off-site
  • HOA Condo Coop Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Management, Parking Fee, Reserve Funds, Trash
  • HOA Condo Coop Amenities: Elevator, Common Grounds
  • Property Manager Y/N: Yes
  • Senior Community: No
  • Association Recreation Fee Y/N: No
  • Type of Condo: Condo/Coop Association
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2022
  • Tax Assessed Value: $1,895,000
  • Year Assessed: 2022
  • County Tax: $0
  • Improvement Assessed Value: $1,326,500
  • City Town Tax: $19,689
  • Land Assessed Value: $568,500
  • Clean Green Assessed: No
  • Land Use Code: 14
  • Zoning: -
  • School Tax: $0
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Pets Allowed: Yes
  • Pet Restrictions: Cats OK, Dogs OK, Number Limit, Size/Weight Restriction
  • Concessions: No
Rooms
Main
  • # Bedrooms Count Main Level: 3
  • # Bathrooms Count Main Level: 3
  • # Bathrooms Full Main Level: 2
  • # Bathrooms Half Main Level: 1
Rooms
  • Stories: Main
Building Info
Building Info
  • Builder Name: THE IDI GROUP
  • Building Level Count: 5
  • Building Units Total: 18
  • Total Finished SQFT: 2,420.00
  • Total Finished SQFT Source: Assessor
  • Tax Total Finished SQFT: 2,420.00
  • Total SQFT: 2,420.00
  • Total SQFT Source: Assessor
  • Elevators Count: 1
  • Construction Materials: Concrete
  • Roof: Flat
  • Wall and Ceiling Types: 9'+ Ceilings
  • Flooring Type: Hardwood
  • Room and Floor: Bedrooms-Main Level-1, Bedrooms-Main Level-2, Bedrooms-Main Level-3, Bathrooms Full-Main Level-1, Bathrooms Full-Main Level-2, Bathrooms Half-Main Level-1
  • # Bathrooms Full: 2
  • # Bathrooms Half: 1
  • Other Structure: Above Grade, Below Grade
Lot / Land Information
Lot / Land Information
  • Parcel ID: 24701098
  • Additional Parcels: No
Parking
Parking
  • Type Of Parking: Attached Garage
  • Num of Attached Garage Spaces: 2
  • Total Garage Spaces: 2
  • Parking Features: Parking Space Conveys
  • Garage Features: Covered Parking
Interior Features
Interior Features
  • Interior Features: Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Recessed Lighting, Pantry, Walk-in Closet(s), Wood Floors
  • Fireplace: Yes
  • Fireplaces Count: 1
  • Fireplace Features: Gas/Propane
  • Appliances: Built-In Microwave, Cooktop, Dishwasher, Disposal, Oven - Single, Range Hood, Stainless Steel Appliances, Washer, Dryer
  • Accessibility Features: Other, No Stairs
  • Security Features: Smoke Detector, Carbon Monoxide Detector(s)
  • Window Features: Double Hung, Double Pane, Energy Efficient
  • Laundry Type: Washer In Unit, Dryer In Unit
Exterior Features
Exterior Features
  • Spa: No
  • Outdoor Living Structures: Balcony
  • Pool: No Pool
  • Horse: No
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C, Zoned
  • Cooling Fuel: Electric
  • Heating Type: Forced Air, Heat Pump(s)
  • Heating Fuel: Electric
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Northern Virginia Association of REALTORS

Property History for 225 Strand Street, Unit 504

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 225 Strand Street, Unit 504

Taxable ValueLand$625,350Additions$1,455,150Total$2,080,500
Tax Record2023$23,094 ($1,924 / month)
Home Facts
Beds2Total Finished SqFt2,420 SqFtAbove Grade Finished SqFt2,420 SqFtLot Size2,614 SqFtStyleCondominiumYear Built2020CountyALEXANDRIA CITYAPN60039880

Schools near 225 Strand Street, Unit 504

This home is within Alexandria City Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Private - PK to 8
Rating
School
Distance
Lyles-Crouch Elementary
PublicPK to 5

George Washington Middle School
Public6 to 8

Alexandria City High School
Public9 to 12

St. Mary's Elementary School
PrivatePK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

© 2024 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 04/13/2023 03:23 PM