See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

509 N Armistead St APT 103, Alexandria, VA, 22312

3beds
2baths
1,182sqft
$299,000
$253price/sqft
$2,048/moest. monthly cost
$81,920/yrincome needed

About This Home

Seller to provide CLOSING COSTS up to 3%. FHA approved complex. Put your tax refund to use. All UTILITIES are INCLUDED in the HOA fee making a convenient one payment per month. Fully renovated 3-bedroom, 1.5-bath condo offering approximately 1,128 sq. ft. of thoughtfully updated living space in Saxony Square. Over $30,000 has been invested in recent improvements, creating a refined, modern interior with quality finishes throughout. The open-concept layout is enhanced by new carpet, luxury vinyl plank flooring, and ceramic tile in the kitchen, along with a new HVAC system featuring a Wi-Fi-enabled thermostat. The entire unit has been professionally skim-coated and spray-finished, resulting in smooth, clean-lined walls that elevate the overall aesthetic. The kitchen, renovated in 2022, offers an expanded layout with solid wood, soft-close cabinetry, quartz countertops, updated tile backsplash, and newer appliances. An oversized pantry and a large pass-through to the living and dining areas provide both function and flow, making the space ideal for everyday living and entertaining. The den has been converted into a true third bedroom with custom wood closets and soft-close drawers. The primary bedroom includes a private half bath and an additional custom closet, while the second bedroom has been soundproofed—well-suited for a home office or guest space. The full bathroom has also been updated with modern finishes and a new vanity. Additional improvements include an updated electrical subpanel (2022) and a hardwired security system. The property conveys with one assigned parking space (#127), a storage unit, and two visitor passes. Condo fees include utilities, master insurance, and exterior maintenance, supporting a low-maintenance lifestyle. Community amenities include a pool, playground, and well-maintained common areas. Conveniently located near I-395, with easy access to Old Town Alexandria, the Pentagon, and Washington, D.C., this home offers both comfort and accessibility in a well-established community. Inova Alexandria Hospital is being developed on the former Landmark Mall site which will be 663,000-square-foot hospital building, a 107,000-square-foot cancer center. This is a true investment, whether your a first time home buyer or a true investor. 3% of your closing costs are paid for by the seller! FHA approved property.

Getting Around

46
WalkingCar-Dependent
50
TransitGood Transit
38
BikeSomewhat Bikeable

Schools

3/10
Francis C Hammond MiddleGrades 6-81.2 mi
4/10

Construction

Condition

  • Year built: 1967

Materials

  • Construction materials: Brick

Type & Style

  • Home type: Condo
  • Architectural style: Colonial
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Microwave,Dishwasher,Refrigerator,Cooktop,Gas Water Heater

Basement

  • Area: 0

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1
  • Main level bathrooms: 2
  • Main level bedrooms: 3

Features

  • Flooring: Carpet,Laminate
  • Finished area below ground: 0
  • Finished area above ground: 1,182

Heating & Cooling

  • Heating features: Central,Natural Gas
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 1,182
  • Total interior livable area: 1,182 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 50349330
  • Attached to another structure: Yes
  • Zoning: RA
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Pool features: Community

Parking

  • Parking features: Parking Lot

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Lightning
Strong Wind
Winter Weather
Inland Flooding
Tsunami

FEMA Declared Disasters Across Virginia Counties

Severe Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,511$18,132
Home Insurance *$52$624
Property Taxes $283$3,396
Electricity $202$2,433
Total$2,048$24,576
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$70,217/yr
40% on housing$61,440/yr
45% on housing$54,613/yr

Virginia FAIR Plan Programs

Virginia Property Insurance Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 22,622Commercial: 503
Total Premiums$20.86M
Total Exposure$4.29B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.6%
6.6%
0%30.0%
Electricity Growth Rate10-year average: 7.8%
7.8%
0%15.0%
Property Taxes Growth Rate2-year average: -1.0%
-1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$253This listing

vs Other Active Listings

Avg $/sqft

ZIP 22312$184
Alexandria City$347

vs Homes Sold Last Month

Median $/sqft

ZIP 22312$357
Alexandria City$475

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-30Listed for sale$299,000
2026-04-01Listing removed$289,999
2026-03-03Price change$289,999
2026-02-15Price change$325,000
2025-11-29Listed for sale$340,000
2018-07-31Sold$175,000
2018-07-04Pending sale$175,000
2018-07-04Listed for sale$175,000
1996-04-29Sold$74,000

For Sale by Agent

AgentAlexandra Holden
BrokerageKeller Williams Realty

Similar Homes