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$640,000

Beds
2
Baths
2.0
sq ft
1,195

501 Slaters Ln Unit 1210, Alexandria, VA 22314

501 Slaters Ln Unit 1210

ALEXANDRIA, VA 22314

  • 2 days on market
    • Open house Jan 28
Welcome to Unit 1210 in beautiful Marina Towers. Imagine waking up every morning, taking in a glorious sunrise over your partial Potomac River views from your 12th floor balcony. This impeccably updated two-bedroom, two-bathroom condo has been completed renovated and awaits lucky new occupants! A comprehensive renovation highlights sunlit airy living spaces, a wonderful floorplan, a rare extra huge storage closet, and an even rarer, in-unit washer and dryer. The kitchen has been completely renovated, as have the two bathrooms. Step onto your private balcony to take in a partial view of the Potomac River and take in front-row sunrises highlighting both natural and city views. In 2026, an exciting transformation will begin on the nearby power plant turning it into a vibrant mixed-use development. Marina Towers is renowned for its incredible location, professionally managed services, including a front desk concierge and maintenance team. The building’s amenities elevate the luxury lifestyle further, featuring a riverside pool with a tiki bar, grilling stations, a dog park, a community garden, a gym, a library, a sauna, convenience store and a community room. The lobby was just renovated and highlights river and pool views and gorgeous white marble flooring. Join an active social committee offering many community events that foster a vibrant and welcoming community. The building is smoke-free and welcomes pets under 25 pounds (up to two). With one dedicated parking spaces, this property offers unparalleled convenience. Marina Towers has an extraordinary reputation in Old Town Alexandria for its amazing views. location and the concierge level service it provides to its residents. Once construction is completed on the nearby power plant transformation into a mixed used development with restaurants, retail and luxury residences, Marina Towers will become even more desirable. Embrace the Old Town lifestyle. Enjoy history, small town feel, and walkability in a stunning water-orientated and vibrant community. Enjoy an amazing location within short walking distance to restaurants, shopping, and all that charming and historic Old Town has to offer. Easy commute to The District, The Pentagon, The George Washington Parkway and Bike Trail, all major highways, and Reagan National Airport. Don’t miss the opportunity to live in luxury with the best of riverfront living and city convenience at your doorstep. Welcome home!

Details

Property type

Condominium

Est. home value

$489,487

Lot size

Unknown

Price per sq ft

$536

Year built

1970

Annual property taxes

$5,045

HOA

No

Price History

01/23/2025
Bright

Bright #VAAX2040852

Listed
$640,000
+39.13%
06/30/2023
Bright

Bright #VAAX2024180

Sold
$460,000

Schools & Community

Neighborhood: 

Old Town North

Elementary school: 

JEFFERSON-HOUSTON

Middle school: 

JEFFERSON-HOUSTON

High school: 

ALEXANDRIA CITY

Community features: 

Pool, 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

$511,455
Asking price
$640,000
Closing costs (~8% of asking)
-$51,200
Est. remaining loan balance
-$77,345
Cash to seller
$511,455

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

Seller’s Loan History

Lender

Jpmorgan Chase Bank Na

Loan start date

September 2010

Original loan amount

$113,300

Est. remaining balance

$77,345

Interest rate

4.5%

Loan type

New Conventional, 30 year

Seller

Sol Safran and Ellen Safran

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: 01/26/2025 at 1:25 AM

Listing updated: 01/23/2025 at 4:54 PM

Listed by: Lyssa B Seward, TTR Sotheby's International Realty Phone #: (703) 310-6800

MLS: Bright #VAAX2040852

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