tomo logo

$789,000

Beds
2
Baths
1.5
sq ft
1,151

1116 Princess St, Alexandria, VA 22314

1116 Princess St

ALEXANDRIA, VA 22314

  • <1 day on market
    • Open house Mar 01
Welcome to 1116 Princess Street in the historic Parker Gray District. You will be captivated by this light filled Old Town charmer with 2 bedrooms plus studio/den, 1.5 baths and off street parking. Renovated and expanded, this home exudes historic charm, yet has been updated to today's standard including a kitchen with stainless appliances and granite countertops, 2 bright bedrooms with ample closets, a studio/den with skylight, a laundry room with full sized washer and dryer, nicely appointed bathrooms, a paver patio for outdoor entertaining, fenced yard and desirable off street parking! Experience the best of Old Town living - stroll to shops, restaurants and the Braddock Road Metro. Easy access to the GW Parkway, Route 1 and Reagan Airport. Roof and windows have been replaced! Hurry to get your slice of Old Town history in this well maintained Federal style home. VA ASSUMABLE LOAN AT 2.25%! OPEN HOUSES SAT & SUN, MARCH 1ST & 2ND, 2-4PM.

Details

Property type

Townhouse

Est. home value

$792,880

Lot size

1,100 sq ft

Price per sq ft

$686

Year built

1920

Annual property taxes

$7,057

HOA

No

Price History

02/28/2025
Bright

Bright #VAAX2041970

Listed
$789,000
+16.2%
01/13/2021
Bright

Bright #VAAX250466

Sold
$679,000
+23.45%
05/07/2018
Bright

Bright #1000291646

Sold
$550,000
+12.24%

Schools & Community

Neighborhood: 

Braddock Road Metro

Elementary school: 

JEFFERSON-HOUSTON

Middle school: 

JEFFERSON-HOUSTON

High school: 

ALEXANDRIA CITY

Community features: 

Sidewalks, Street Lights

School district: 

ALEXANDRIA CITY PUBLIC SCHOOLS

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$87,973
Asking price
$789,000
Closing costs (~8% of asking)
-$63,120
Est. remaining loan balance
-$637,907
Cash to seller
$87,973

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Atlantic Coast Mortgage Llc

Loan start date

January 2021

Original loan amount

$703,444

Est. remaining balance

$637,907

Interest rate

2.72%

Loan type

VA, 30 year

Seller

Thomas Stratton and Nicole Blair

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 02/28/2025 at 8:00 AM

Listing updated: 02/28/2025 at 12:15 AM

Listed by: Joan M Reimann, Corcoran McEnearney Phone #: (703) 790-9090

MLS: Bright #VAAX2041970

Bright logo

Recently listed in ALEXANDRIA

$658,000|3 bd|3.5 ba|Townhouse
$774,900|4 bd|3.5 ba|Townhouse
$739,000|3 bd|1.5 ba|House
$925,000|3 bd|2.5 ba|Townhouse
$790,000|3 bd|3.0 ba|Townhouse
$775,000|5 bd|3.5 ba|House

Explore top cities in Virginia