Real Estate & Rental Info About Torpedo Factory & Old Town Alexandria

What Do You Want From Your Dream Home If You're Forking Over $415,000?

Photo of 525 N Fayette St #220

Do you know Andrew Patton? Andrew Patton is a local Realtor specializing condos in the City of Alexandria.

Photo of 525 N Fayette St #220

I like 525 N Fayette St #220. This unit in 22314 in the City of Alexandria looks like a good value for several reasons. However, Andrew Patton is not recommending you buy this property in particular. That's because, until I know your goals there is no way for me to know if this is the right home for you.

Photo of 525 N Fayette St #220

You have a lot of options in Alexandria even if you're only focusing on 22314.

Photo of 525 N Fayette St #220

Can you afford $415,000? Or is your budget closer to $365,000? If you can afford $465,000, should you pay $465,000?

  1. How important is it that you stay in 22314? Have you considered neighboring areas?
  2. What style of condominium do you prefer? If you like modest units, you'll love the community around The Monarch.
  3. Do you care about amenities? Condominiums at The Monarch offer additional benefits from this community..
  4. The highest priced condominium at The Monarch is listed for $415,000. Do you know if 525 N Fayette St #220 is a good value?

Photo of 525 N Fayette St #220

What Subdivisions In 22314 Have Similarly-Priced Condominiums?

Ownership Condominium
Marina Towers 2 Active
St Asaph Square 1 Active
The Royalton 1 Active
Carlyle Towers 1 Active
The Henry 1 Active
The Monarch 1 Active

What Subdivisions In Alexandria Have Similarly-Priced Condominiums?

Ownership Condominium
Montebello Condo 3 Active
Marina Towers 2 Active
Northampton Place 1 Active
Park Fairfax 1 Active
St Asaph Square 1 Active
The Royalton 1 Active
Midtown Alexandria Station 1 Active
Hallmark 1 Active
Carlyle Towers 1 Active
Parkside At Alexandria 1 Active
Groveton Woods 1 Active
Hillwood 1 Active
Jefferson Green 1 Active
The Henry 1 Active
Parkfairfax 1 Active
The Monarch 1 Active

How Much Do Similarly-Sized Condos Cost In Alexandria?

Ownership Condominium
Budget (1 to $300,000) 14 Active
Affordable (300001 to $400,000) 3 Active
Entry-Level (400001 to $550,000) 1 Active

Similarly Priced

1629 Ripon Pl

What a hidden gem! Tucked away on a cul-de-sac street. Professionally designed garden patio that seems endless. Fabulous new all white kitchen with brand new granite. High end cabinetry, cutting edge goose -neck faucet over new, large, stainless steel sink, new large gas range. Bath fitter bathroom and hardwood plank flooring throughout. Romantic lighting, throughout, and washer dryer in its own area. And as if 8 closets isn’t enough; there’s a separate storage area on the same little street. Park at front of your door! Large storage room included. Close to Amazon Headquarters and easy stroll to Shirlington. [Parkfairfax$399,999]

1111 Oronoco St #327

Stunning 1BR/1BA condo at The Henry in Old Town Alexandria. This condo features an open concept kitchen with stainless steel appliances, granite countertops and hardwood floors throughout. Enjoy a large living room with a balcony, perfect for enjoying those quiet nights. The sizable master bedroom includes a huge walk-in closet. Price includes 1 assigned underground parking space and 1 underground storage unit. Condo fee includes, fitness center, party room, elevator, secure building and concierge service. Walk to Braddock Rd. Metro and Reagan National Airport is less than 10 minutes away. [The Henry$415,000]

267 S Pickett St #202

Please follow CDC guidelines regarding covid at showings. Beautiful two bedroom, two bath townhouse style condo in highly desirable Hillwood of Alexandria.  This condo has been grandfathered to have hardwood floors throughout.  Light filled unit with private balcony, energy efficient sliding glass door, high ceilings and cozy fireplace.  Spacious master suite with luxury master bath including heated whirlpool tub, separate shower, double high end vanity with all new fixtures, LED lights, towel warmer and so much more.  Walk-in closet, new hot water heater, HVAC about 5 yrs old, washer/dryer in the unit,  ceiling fans, new wifi thermostat, kitchen has extra large breakfast bar.  Unit freshly painted with top quality Benjamin Moore Dovetail paint.  Garage door was replaced with new insulated door.  Community amenities include outdoor pool, community room and pet waste stations.  Water and sewer are included in the monthly condo fee.  Conveniently located minutes from 395/495, Amazon HQ2, Historic Old Town Alexandria, Shirlington, Crystal City, Van Dorn Metro Station, shops, restaurants, parks, bus service a couple of blocks away….short drive to DC and Pentagon. [Hillwood$400,000]

I’m a local expert on Northern Virginia real estate.

Andrew Patton

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