Alexandria, VA

Just Listed in Alexandria

Just Listed highlights Alexandria City properties that came on the market within the past week. This feature  is sponsored by the Jen Walker Team (Licensed in VA) of McEnearney Associates Realtors®. 

Just Listed highlights Alexandria City properties that came on the market within the past week. This feature  is sponsored by the Jen Walker Team (Licensed in VA) of McEnearney Associates Realtors®. 

Welcome back!

Jen Walker here with The Jen Walker Team! We are a real estate group based out of Alexandria. I, along with my two rock-star team members, Sue Kovalsky and Micki MacNaughton, have more than 35 years of experience in real estate and sold over $107 million in 2020!

Welcome to 5 E. Maple Street in the sought-after Rosemont neighborhood of Alexandria! This charming and classic Rosemont townhouse is ready for move-in and features two bedrooms and two full bathrooms, a walk-out basement and great outdoor space!

Walk into the living room and instantly feel right at home in the cozy and bright space. A formal dining area flows into the kitchen that boasts great cabinetry storage. Don’t miss the adorable screened in porch, perfect for sipping morning coffee year-round. The hardwood floors extend to the upper level where you’ll find two great sized bedrooms and a bathroom. The spacious walk-out level basement features a gas fireplace and open living area that’s perfect for a den, additional guest space or a home office. The options are endless! Rounding out the lower level are a full bathroom, utility room with cabinetry and three closets that provide ample storage in this adorable home.

Walk out back and enjoy the landscaped and fenced yard complete with an off-street parking space. Leave your car at home and walk to shops, restaurants, two Metro stops, Maury Elementary, Del Ray and Old Town — the location doesn’t get any better!

Welcome home!

5 E. Maple Street, Alexandria, VA 22301The Jen Walker Team

Click here for Just Listed properties in Alexandria and call The Jen Walker Team to schedule a home tour at 703-675-1566 or email [email protected].

In the midst of COVID-19, we will not be hosting any in-person open houses. We will, however, be going live on our Instagram every weekend for our virtual tours. Stay updated with our virtual tours by following us on our Instagram page for updates.

Happy House Hunting!

In our highly competitive Alexandria market, the Jen Walker Team has the insider knowledge to connect you with homes that are not even public yet. With more than 35 years of experience, the Jen Walker Team has the expertise to answer questions, calm fears, and streamline your transaction. Want to see other homes not featured in this article? Contact our team today!

Please note: While The Jen Walker Team provides this information for the community, they may not be the listing agents of these homes. Equal Housing Opportunity.

McEnearney Associates Realtors®, 109 S. Pitt Street, Alexandria, VA 22314 #WeAreAlexandria

Just Listed highlights Alexandria City properties that came on the market within the past week. This feature is sponsored by the Jen Walker Team (Licensed in VA) of McEnearney Associates REALTORS®.

0 Comments

This week’s Q&A column is sponsored and written by Brian Bonnet, Senior Loan Officer (NMLS ID# 224811) of Atlantic Coast Mortgage, LLC (NMLS ID# 643114). To learn more about current mortgage rates and the home loan process, contact Brian at 703-766-6702 or email [email protected]. You may also submit your questions to McEnearney Associates via email for response in future columns.

Question: What are residential closing costs and how do they affect me?

Answer: One of the realities associated with the purchase and financing of residential real estate is the fact there will be transaction costs generally referred to as closing costs. Understanding, well in advance, what those costs will be is useful in planning for the purchase.

Transaction costs can be broken down into two broad categories — closing costs and prepaid/escrow expenses. Closing costs include fees charged by the lender, fees charged by the settlement company, and fees charged by state and local jurisdiction where the property is located.

Lender fees often include charges for the appraisal, credit report, processing fees, flood certifications and tax service fees. The total charges generally run between $1,800 and $2,300. Appraisal fees will vary depending upon the value of the appraisal and the complexity of the appraisal effort.

Settlement company charges generally include fees for their service, fees associated with the title search and preparation of the title binder, and lender’s and owner’s title insurance. Not including the cost of the title insurance, the settlement company fees usually total between $800 and $1,000.

Title insurance costs are driven by the sales price of the property, whether the borrower chooses to purchase owner’s title insurance, and further, whether the borrower chooses standard or enhanced owner’s title insurance. For a $300,000 purchase price with standard owner’s coverage, the title insurance costs would be somewhere between $1,550 and $1,700. At a price of $600,000 with the same election, the costs would range from $2,850 to $3,000. At a sales price of $1 million, the title insurance costs would range between $4,550 and $4,800. If the borrower chooses to purchase the enhanced type of owner’s title insurance, the total title insurance costs would be higher at all price points.

State and local jurisdiction costs vary from location to location and are also determined by the sales price and loan amount. In Virginia at a sales price of $600,000 with 20% down, the tax stamp cost would total $3,600. In Montgomery County, Maryland, the transfer and recordation taxes at that same price point and loan amount would total $6,955. In Washington, D.C., the recordation tax would be $8,700. Maryland and The District do offer some discounts for first-time purchasers in their jurisdictions.

The last group of costs associated with the purchase of residential property are prepaid and escrow expenses. If the purchaser is obtaining a mortgage loan, he/she must also obtain homeowner’s (hazard) insurance, which will vary in cost based on the price of the property. The premium for the first full year is generally collected at the time of settlement. In addition, three months of the annual premium are collected at settlement and placed in the borrower’s mortgage escrow account to ensure enough will be available the following year to cover the second-year premium. The borrower will also be responsible for covering any property tax due to the seller and the amount required in the escrow account necessary to cover the next real estate tax bill.

Lastly, if the property is a condominium or located within a homeowner’s association, the purchaser will be responsible for any refund to the seller of monthly dues, which had been paid in advance and for any fees required by the homeowner’s association.

If you would like more information to help plan your next move, please contact Brian Bonnet at [email protected] or call 703-766-6702.

If you would like a question answered in our weekly column or to set up an appointment with one of our Associates, please email: [email protected] or call 703-549-9292.

McEnearney Associates Realtors®, 109 S. Pitt Street, Alexandria, VA 22314. www.McEnearney.com Equal Housing Opportunity. #WeAreAlexandria

0 Comments

Spring has arrived, and the real estate market is still hot in Alexandria.

This past week, 70 properties were recently sold in Alexandria — up five from last week. Sales included a 3 BD/3 BA boutique condo in Old Town for $3.6 million.

In total, as of April 4, Homesnap reports 319 homes listed for sale in Alexandria, including 229 condos, 45 detached homes and 45 townhomes.

“The median list price is $444,500 and the median sales price is $530,000,” reports Homesnap. “There have been 137 new listings in the last 4 weeks and 279 sales.”

Here’s a look at a few of the properties sold in the past seven days:

In the market? Check out Just Listed properties in Alexandria.

0 Comments

Just Listed in Alexandria

Just Listed highlights Alexandria City properties that came on the market within the past week. This feature  is sponsored by the Jen Walker Team (Licensed in VA) of McEnearney Associates Realtors®. 

Just Listed highlights Alexandria City properties that came on the market within the past week. This feature  is sponsored by the Jen Walker Team (Licensed in VA) of McEnearney Associates Realtors®. 

Welcome back!

Jen Walker here with The Jen Walker Team! We are a real estate group based out of Alexandria. I, along with my two rock-star team members, Sue Kovalsky and Micki MacNaughton, have more than 35 years of experience in real estate and sold over $107 million in 2020!

Welcome to 170 Wesmond in the friendly community of Lynhaven! The adorable front porch welcomes you into this three-level home that features two bedrooms and two full bathrooms. Hardwood floors cover the traditional layout of the main level with a separate dining room and new drum lighting. Walk through the kitchen and into the sunny and versatile addition that can be used as a family room or large home office!

Upstairs you’ll find two bedrooms, a full bath and linen closet. The lower level has a full bathroom, laundry area and is open and ready for your finishing touches. A nice big patio is off the rear of the home along with two off-street parking spaces. The community of Lynhaven is conveniently located to Del Ray, shops and restaurants, with easy access to Route 1, 395 and D.C. Welcome Home!

170 Wesmond Drive, Alexandria, VA 22305 — The Jen Walker Team

Click here for Just Listed properties in Alexandria and call The Jen Walker Team to schedule a home tour at 703-675-1566 or email [email protected].

In the midst of COVID-19, we will not be hosting any in-person open houses. We will, however, be going live on our Instagram every weekend for our virtual tours. Stay updated with our virtual tours by following us on our Instagram page for updates.

Happy House Hunting!

In our highly competitive Alexandria market, the Jen Walker Team has the insider knowledge to connect you with homes that are not even public yet. With more than 35 years of experience, the Jen Walker Team has the expertise to answer questions, calm fears, and streamline your transaction. Want to see other homes not featured in this article? Contact our team today!

Please note: While The Jen Walker Team provides this information for the community, they may not be the listing agents of these homes. Equal Housing Opportunity.

McEnearney Associates Realtors®, 109 S. Pitt Street, Alexandria, VA 22314 #WeAreAlexandria

Just Listed highlights Alexandria City properties that came on the market within the past week. This feature is sponsored by the Jen Walker Team (Licensed in VA) of McEnearney Associates REALTORS®.

0 Comments

This Neighborhood Spotlight is brought to you by The Seward Group of TTR Sotheby’s International Realty.

This month’s Neighborhood Spotlight lands on Beverley Hills.

Nestled in the hills above Del Ray and Rosemont is a neighborhood pocket called “Beverley Hills,” which encompasses the upper half of the broader neighborhood of North Ridge (portions of ZIP codes 22305 and 22302) in the City of Alexandria.

The boundaries for Beverley Hills are:

  • West Glebe on the north
  • ParkFairfax on the west
  • Russell Road on the east
  • Beverley Drive/Monticello Park on the south

Proximity to Washington D.C. (an easy drive from Glebe to 395) makes this a popular neighborhood for folks who need to get in and out of the District on a regular basis. Also, it’s less than a 10-minute drive to both National Airport (DCA) and the Pentagon. It’s just a 10 to 15-minute drive to Shirlington, Ballston, Crystal and Pentagon cities, and Old Town Alexandria — all great options for restaurants, dining and shopping without much traffic along the way!

The Beverly Hills Community

Beverley Hills is known for its rolling hill topography (not surprising, given its name), which provides stunning views, excellent opportunities for getting the heart rate up on walks and sledding!

“I love when we wake up to a fresh snowfall and the neighbors have blocked off Canyon Drive on each end — families are sledding downhill together, you feel like you are somewhere special.” — Nick Huck, a Beverly Hills resident

In this community, neighbors wave to one another in passing and check in on one another. When Rama and Jay Chauhan (Pullman Place) moved to the neighborhood from a row home in Washington, D.C. in 2017, they were pleasantly surprised with how welcomed their neighbors made them feel and the almost instantaneous support they had from their new community.

“[Our] neighbors feel like family; we can count on them for anything,” Rama said. “And all the walks we have taken during COVID have provided us with an opportunity to meet other folks in the neighborhood — everyone is friendly.”

They also happily pass the time together in local gathering spots, especially The Pit (aka Beverley Park) and Monticello Park. The Pit, renovated in 2017, features a large playground, nature play area, grass and plenty of seating for adults. Rumor has it that sometimes, after the dinner hour, adults may find their way there to relax and hang out with neighbors over a fire. Monticello Park, more of a nature park, is well-known for its bird watching, walking trail and dog run.

The tall, beautiful trees make Beverley Hills feel like a forest outside of the city. Members of the community have a strong appreciation and connection to the natural growth of wildlife in the neighborhood.

“The trees and flowers are something I feel like the neighborhood, in general, cares for,” Huck said. “I was just talking to two neighbors, and they told me about how the flowers growing in that yard were shared from another neighbor, who got them from yet another. In fact, some of our azaleas are from neighbors who shared them with our property.”

Residents also collectively enjoy the variety in architectural style. There are colonials, split-levels, ranchers, bungalows, Tudors and more!

Read More

2 Comment


This week’s Q&A column is sponsored and written by Peter Crouch of McEnearney Associates Realtors®, the leading real estate firm in Alexandria. To learn more about this article and relevant Alexandria market news, contact Peter at 703-244-4024 or email [email protected]. You may also submit your questions to McEnearney Associates via email for response in future columns.

Question: Have the stars aligned for downsizing?

Answer: Despite the pandemic, or partly because of it, the seller’s market in real estate has continued. A several-years-long trend toward fewer houses on the market has only become a more acute shortage. As we all obeyed stay-at-home orders, even fewer of us were selling our houses than in prior years.

As safety measures became standard protocol, however, buyers and sellers returned to the market after the first month or so of C-19. But more buyers than sellers returned, and the number of homes for sale remains extremely low. The overall effect has been that prices have accelerated, and most well-maintained homes are receiving multiple offers when they go to market. It is tough to be a buyer these days — but great to be a seller.

That dynamic can keep a seller from considering a move, since they will likely become buyers for their next house. When you look more closely, however, it could be a wonderful time to move to smaller housing. The statistics show that the housing shortage is most acute in the single-family arena. The number of detached houses, in particular, is way down over previous years, followed by townhouses. That makes sense — shortages have been building for several years, and the pandemic has driven some folks out of apartments/condos and into single-family homes, increasing demand.

Condominiums, however, have not had as much demand. In fact, the supply of condos on the market overall is up from years past. It is much less of a seller’s market in the condo world. I’m not sure it is a buyer’s market for condos, but it certainly is different from the demand for single-family homes.

So, what is the opportunity for downsizing? First, single-family prices have accelerated by as much as 15% in the last 12 months, depending, of course, on location and condition. For many existing homeowners, that means their homes are worth much more — often $100,000 to even $200,000 more. Plus, condos are the softer area in the market, again depending on location and condition. For anyone who was considering downsizing before the pandemic, this could be a wonderful opportunity to sell high and buy low (and close in/”walkable”). If downsizing away from our high-cost area, the benefit could be even more accentuated.

Another factor is the treatment of capital gains taxation on the sale of a principal residence. Every taxpayer selling a principal residence is entitled to an exclusion of gain of $250,000 or $500,000 for a couple. (Read IRS Publication 523 for conditions, and always check with your tax professional regarding your personal situation.) So, if a house has gone up dramatically in recent years, and you are thinking of going smaller, you could have a nice opportunity to go smaller with a great tax benefit. There is, however, a hint that capital gains tax treatment may change under the new administration, so it could be the best time to take those winnings off the table, so to speak.

With the roll-out of the vaccines and the lifting of some restrictions, there is a prospect of life getting back to somewhat “normal.” It might be time to consider — or reconsider — that move to smaller housing. The opportunity right now is to take advantage of the strength of the single-family market, the relative weakness of the condo market and the current very favorable tax treatment of housing gains.

Dad always told me to buy low and sell high. Have the stars aligned for you?

Pete Crouch is a Seniors Real Estate Specialist, which means he is well-versed in all aspects of moving as we age. His own downsize gave him tremendous insights into what is involved, from emotional matters to real estate considerations. Pete is a Board Member of At Home in Alexandria (AHA), our local Senior Village, and was the 2018 National Recipient of the “Outstanding Service Award” by the National Association of Realtors for his work with Senior Moves. Text 703-244-4024 or email [email protected] for a copy of his Downsize Alexandria! Booklet about living more simply in Greater Alexandria.

If you would like a question answered in our weekly column or to set up an appointment with one of our Associates, please email: [email protected] or call 703-549-9292.

McEnearney Associates Realtors®, 109 S. Pitt Street, Alexandria, VA 22314. www.McEnearney.com Equal Housing Opportunity. #WeAreAlexandria

0 Comments

The real estate market is still movin’ in Alexandria as we close out March. This past week, 65 properties were recently sold in Alexandria, including a $1.7 million seven-bedroom colonial.

As of March 21, Homesnap reports 338 homes listed for sale, including 252 condos, 46 detached homes and 40 townhomes.

“The median list price is $459,900 and the median sales price is $562,000,” reports Homesnap. “There have been 145 new listings in the last 4 weeks and 273 sales.”

Here’s a look at a few of the properties sold in the past seven days:

0 Comments

It was quite a week in Alexandria.

Our top story this week was on a man who allegedly crashed his car headfirst into the Verizon store near Potomac Yard. The suspect was later arrested in North Carolina.

The week was full of big news. Former Mayor Allison Silberberg announced her candidacy against Mayor Justin Wilson for the June 8 Democratic primary, and ALXnow has learned that the Del Ray Business Association is planning a debate.

One of our favorite stories this week was on Tobi, the Alexandria dog without front legs who needed a new $2,350 wheelchair. Within a day of posting the story, Tobi’s GoFundMe goal was reached. The fundraiser has since raised $3,590, and Tobi’s owner says the excess funds will be donated to help another disabled pet get a wheelchair.

As of noon Friday, our unscientific poll on mayoral candidates had 1,111 votes, but only 537 views. Former Mayor Allison Silberberg trailed by a large percentage for the first several hours, but she later received a surge of votes that led to her getting 589 votes, or 53%, to Wilson’s 432 votes, or 39%. Republican candidate Annetta Catchings, who also announced her mayoral candidacy this week, got 90 votes, or 8%.

Other important stories:

ALXnow’s top stories:

  1. BREAKING: Man rams car into Verizon Store near Potomac Yard
  2. Waterfront Commission tries to avert ‘Disneyland-like’ development in Old Town
  3. Flight attendant Annetta Catchings running for Alexandria mayor as a Republican
  4. Chadwicks going double-decker on outdoor dining at upcoming BAR meeting
  5. BREAKING: Former Mayor Silberberg rematch as she enters democratic primary for mayor
  6. City Councilman Seifeldein quits meeting after argument with mayor
  7. Three men tied up and robbed in West End
  8. GoFundMe launched to get wheelchair for Tobi, an Alexandria dog with no front legs
  9. Just Sold in Alexandria: March 23, 2021
  10. Republican J.D. Maddox announces run for 45th District seat
  11. Al’s Steak House to endure under new management

Have a safe weekend!

8 Comments

Just Listed in Alexandria

Just Listed highlights Alexandria City properties that came on the market within the past week. This feature  is sponsored by the Jen Walker Team (Licensed in VA) of McEnearney Associates Realtors®. 

Just Listed highlights Alexandria City properties that came on the market within the past week. This feature  is sponsored by the Jen Walker Team (Licensed in VA) of McEnearney Associates Realtors®. 

Welcome back!

Jen Walker here with The Jen Walker Team! We are a real estate group based out of Alexandria. I, along with my two rock-star team members, Sue Kovalsky and Micki MacNaughton, have more than 35 years of experience in real estate and sold over $107 million in 2020!

Welcome to 233 Aspen Street in the sought-after community of Warwick Village! Join us this Saturday, March 27 at 1 p.m. on our Instagram for a virtual open house.

The front garden and private side entrance invite you into this end-unit townhome. Upon entering, you’ll immediately feel all the natural light pour through the living room windows that overlook a huge rear patio and yard. The kitchen offers great storage with bright white cabinetry and stainless steel appliances. Upstairs you’ll find a large primary bedroom with crown molding, recessed lighting and fantastic closet space. A second bedroom and recently updated bathroom with chic tile rounds out the upstairs. And don’t miss the attic space that has been insulated to provide comfortable storage.

Walk down to the lower level to find a spacious second living area with abundant natural light filtering through the new Pella sliding glass door. Walk right out to your beautiful and large fenced yard with perennials planted throughout and plenty of room for outdoor entertaining during the perfect Virginia spring weather. Don’t miss the full bathroom in the lower level plus the laundry room with even more ample storage.

More updates to this meticulously maintained home include a new A/C in 2015, a water heater in 2016, gutters replaced in 2018, and new Pella front door and sliding back doors were installed in 2020.

Close to the “Avenue” in Del Ray, metro, bus stops, D.C. and so much more… Welcome home!

233 Aspen Street, Alexandria, VA 22305The Jen Walker Team

Click here for Just Listed properties in Alexandria and call The Jen Walker Team to schedule a home tour at 703-675-1566 or email [email protected].

In this midst of COVID-19, we will not be hosting any in-person open houses. We will, however, be going live on our Instagram every weekend for our virtual tours. Stay updated with our virtual tours by following us on our Instagram page for updates.

Happy House Hunting!

In our highly competitive Alexandria market, the Jen Walker Team has the insider knowledge to connect you with homes that are not even public yet. With more than 35 years of experience, the Jen Walker Team has the expertise to answer questions, calm fears, and streamline your transaction. Want to see other homes not featured in this article? Contact our team today!

Please note: While The Jen Walker Team provides this information for the community, they may not be the listing agents of these homes. Equal Housing Opportunity.

McEnearney Associates Realtors®, 109 S. Pitt Street, Alexandria, VA 22314 #WeAreAlexandria

Just Listed highlights Alexandria City properties that came on the market within the past week. This feature is sponsored by the Jen Walker Team (Licensed in VA) of McEnearney Associates REALTORS®.

0 Comments

This week in Alexandria, there are more than 250 properties available to rent, according to Homesnap, including 97 rentals listed in the past month.

These range from a $6.9K/month two-bedroom fully furnished penthouse in The Oronoco to a $1.4K/month “junior” one-bedroom apartment across from Holmes Run Creek.

Below are seven recently listed rentals:

In the market? Check out just listed properties in Alexandria.

2 Comment
×

Subscribe to our mailing list