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$865,000
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Property Description
Rarely available top level end unit in Old Town Village (OTV). Three bedrooms and two baths on main level with bonus walk up loft/office/den overlooking living room creates easy functionality while offering multiple living options. The large living/dining room with vaulted ceilings is flooded in light and includes an electric fireplace and west facing porch. The open kitchen has ceramic floors, a new dishwasher and microwave (2023), separate pantry and breakfast bar facing the living area. The hallway separating living and sleeping spaces includes a convenient laundry, linen closet and leads directly to the fabulous master suite which easily accommodates a king size bed, dressers, etc. Double closets are professionally outfitted to hold even the largest wardrobe. The large adjoining bath with double vanity and walk in shower was completely redone in 2023. The second and third bedrooms (again with professionally outfitted closets) are just around the corner from the main hall and share a second full bath. Plantation shutters throughout, new carpet and paint (July 2025), well maintained and absolutely move in ready. Amenities include the very friendly and social OTV community, saltwater swimming pool and Jacuzzi tub (summer only), clubhouse, meeting rooms, library, brick sidewalks and beautifully landscaped courtyards. Only steps to King Street, Whole Foods Grocery, Metro, Jenni's Ice Cream and the Old Town waterfront.
Full Property Details
Full Property Details for 305 S Payne St #501
General
- Sold For: $865,000
- Taxes: $8,479 (2024)
- Status: Closed
- Type: Condo
- Source: BrightMLSMidAtlantic
- MLS ID: VAAX2048816
- Added to Site: 144 day(s) ago
Interior
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Electric, Electric
- Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan, Refrigerator, Stainless Steel Appliances, Stove, Washer, Water Heater
- Flooring: Carpet
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Main Floor Baths: 2
- Main - Full Baths: 2
Bedrooms
- Total Bedrooms: 3
- Bedrooms Main & Up: 3
Additional Information
- Shared Amenities: Club House, Common Grounds, Elevator, Exercise Room, Fitness Center, Hot tub, Library, Meeting Room, Reserved/Assigned Parking, Swimming Pool, Tot Lots/Playground, Pool - Outdoor
- Shared Pool: Yes
- Pool: Yes
- Security/Safety: Intercom, Main Entrance Lock, Smoke Detector
Exterior
- Exterior Features: Extensive Hardscape, Exterior Lighting, Play Area, Sidewalks, Street Lights
Parking
- Assigned Spaces: 1
- Total Spaces: 1
- Parking Features: Assigned
- Parking Type: Parking Lot
Location
- County: Alexandria City
- Development Name: Old Town Village
- Subdivision: Old Town Village
- Building Name: OLD TOWN VILLAGE
- Driving Directions: See WAZE or Google Maps
- Direction Faces: East
- City Limits: Yes
School Information
- School District: Alexandria City Public Schools
- Elementary School: Lyles-Crouch
- Middle School: George Washington
- High School: Alexandria City
Community
- Assoc. Fees Include: Ext Bldg Maint, Pool(s), Reserve Funds, Road Maintenance, Security Gate, Sewer, Snow Removal, Trash, Water, Common Area Maintenance, Recreation Facility, Custodial Services Maintenance, Management
- Pets Allowed: Yes
- Pets: Cats OK, Dogs OK
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Central
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Traditional, Colonial
- Architectural Style: Traditional, Colonial
- Structure Type: Mid-Rise 5 - 8 Floors
- Construction: Brick Veneer
- Walls/Ceilings: 2 Story Ceilings
- Windows: Screens
- Entry Floor Number: 3
- Elevator(s ): 1
- Stories/Levels: 0
- Stories Description: Main
- Square Feet: 1,657
- Sq. Ft. Source: Assessor
- Living Area: 1,657 Sq. Ft.
- Year Built: 1997
- Year Built Source: Assessor
- Property Condition: Excellent
Unit Information
- Unit Floor in Bldg.: 3
Lot Features
- Zoning: CRMU/L
Financial Considerations
- Price Per Sq. Ft.: $500.3
- Assessment Year: 2024
- City/TownTax: $8,479
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $747,055
- Tax Amount: $8,479
- Tax Year: 2024
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 1657
Disclosures and Reports
- Ownership: Condominium
- Condo: Yes
Get Pre-Approved Today
Price & Sales History for 305 S Payne St #501
Date
Details
Price
Change
Source
9/26/2025
Sold
$865,000
4.34%
MLS
8/28/2025
Listed
$829,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
305 S Payne Street #501, Alexandria, VA 22314 (MLS# VAAX2048816) is a Condo property that was sold at $865,000 on September 26, 2025. This property was listed by Virginia Amos from our Alexandria Office.Want to learn more about 305 S Payne Street #501? Do you have questions about finding other Condo real estate for sale in Alexandria? You can browse all Alexandria real estate or contact a Coldwell Banker agent to request more information.


