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The value of Alexandria’s total residential tax base has outpaced its commercial tax base, according to the city’s Office of Real Estate Assessments.

Over last year, the city’s overall real estate assessments increased 3.82%, or $1.7 billion, to reach a total of $43.88 billion, according to a report that the City Council will receive at its legislative meeting tomorrow (Tuesday) at City Hall (301 King Street).


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Bonaventure is pulling the plug on another of its properties in Del Ray. The Arlington-based real estate developer recently put its properties at 2903 Mount Vernon Avenue and 104 Hume Avenue for sale for a total of $3.3 million, according to a listing.

Bonaventure bought the two properties for $2.6 million in 2017. The two lots were proposed to be converted into an office building, but plans never materialized. The former Anthony’s Auto Center at 2901 Mount Vernon Avenue is 10,400 square feet, and was used as a spin studio, but closed down during the pandemic. It was assessed at $1.4 million in January 2022, and Bonaventure bought it for $1.6 million in 2017.


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