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Backup Offers

702 S Fairfax St, Alexandria, VA, 22314

$1,165,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
1 Full Bath, 1 Partial
1,416 SqFt
$823/SqFt
House
Schools Nearby

Location

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702 S Fairfax St, Alexandria$1,165,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOn Street
Year Built1880
HeatingBaseboard
CoolingCentral Air
MLS #VAAX2032570
Lot Size0.02 Acres
StatusAccepting Backup Offers
(ACTIVE UNDER CONTRACT)

About 702 S Fairfax St

OPEN HOUSE CANCELLED, HOME UNDER CONTRACT!! don't miss out on this amazing home. Welcome to this charming and historic detached row house located in the highly sought after Southeast quadrant of Old Town. This move-in-ready home offers a wonderful combination of old and new, bright and airy with tasteful updates throughout. The first floor boasts a cozy wood-burning fireplace in the living room, a formal dining room, and a rare large gourmet eat-in kitchen with custom inset cabinets and a pro Fivestar range top with stainless steel appliances and granite countertops. Enjoy endless evenings out on the private brick-walled patio garden with a custom-built TV enclosure and string lights – perfect for entertaining, outdoor movie nights, or relaxing under the stars. The upper level offers a spacious primary suite with a second wood-burning fireplace and a custom walk-in closet, a bonus small office space, and second full-size bedroom. Enjoy all of what Old Town living has to offer in this amazing home and unbeatable location – just a few blocks from the water, grocery stores, walking and bike trails, and elementary schools. Just a half mile to the restaurants and shops of King Street, which is close enough to walk, but far enough away to avoid the crowds. New HVAC installed in 2022.

Property Details

Property Features

Property Information:

  • Architectural Style: Federal
  • Year Built: 1880
  • Stories: 2
  • Living Area: 1,416 SqFt

Listing Office:

  • Office Name: KW Metro Center
  • Office Phone: (703) 224-6000
  • Listing Agent: Jean-Pierre Lteif

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.02 Acres

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • T. C. Williams High School, Public District Grades 9-12
  • Lyles-Crouch Elementary School, Public Magnet Grades KG-5

Other

Directions Information:

  • Directions: 2 blocks from the water :)

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,165,000
  • Price Per SqFt: $823/SqFt

Tax Information:

  • Annual Amount: $8,918
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Alexandria, VA.

Med. Sold Price

$630.2K

Med. Price/SqFt

$371

Avg. Days On Market

14

# of Sold Homes

274

702 S Fairfax St vs Alexandria

25 DAYS ON ROCKET

+11 Days

$1,165,000

+$534.7K More

$823/SqFt

+$452 More

KEY TAKEAWAY

This property is $534.7K more than the Median Sold Price and $452/SqFt more than other homes in Alexandria, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #VAAX2032570

Listing Office:

  • Office Name: KW Metro Center
  • Office Phone: (703) 224-6000
  • Listing Agent: Jean-Pierre Lteif

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 10:20:17 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 17, 2019Home Sold
$799,000
Dec 07, 2012Home Sold
$729,000
Nov 20, 2007Home Sold
$629,000
Mar 02, 2005Home Sold
$629,000

Tax History

YEARPROP. TAXASSESSMENT
2021$8,918$803,455
2020$8,645$765,092
2019$8,461$748,832
2018$7,995$707,541
2017$7,995$707,541

History based on county public records data.

Payment Calculator

$5,882

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,559

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1691264
7
/10
  • Lyles-Crouch Elementary School

  • 530 S Saint Asaph St

  • 0.20 miles

  • Public Magnet Grades KG-5

High School

school-card-donut-1691265
2
/10
  • T. C. Williams High School

  • 3330 King St

  • 2.87 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $135,169. The most common annual income of people living in Alexandria, VA is $200k+. Most families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 702 S Fairfax St

What is the listing price of this property?

The listing price of 702 S Fairfax St property is $1,165,000.

What type of property is this?

The property 702 S Fairfax St is a house located in Alexandria, Virginia, 22314.

Is this property for sale now?

Accepting Backup Offers: 702 S Fairfax St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 702 S Fairfax St are:
Lyles-Crouch Elementary School: GreatSchools Rating 7/10
T. C. Williams High School: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $8,918 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 17, 2019 for $799,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 702 S Fairfax St has 2 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 702 S Fairfax St is 1,416 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 702 S Fairfax St is 1880.

Rocket HomesVirginiaAlexandria22314702 S Fairfax St

This home is located at 702 S Fairfax St in Alexandria, VA and zip code 22314 in the Old Town neighborhood. This 1,416 square foot home, which was built in 1880, sits on a 0.02 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 02, 2024 and is currently priced at $1,165,000.

Over 155 listings were sold over their listed price in March 2024 in Alexandria, VA. In the same period over 61 listings were sold below the listed price and 58 listings were sold for the listed price. The inventory of homes for sale in Alexandria, VA between February 2024 and March 2024 increased by 7.5%. The median list price of listings available in March 2024 was $630,276, while the average time on the real estate market was 14 days.

From Rocket Homes Real Estate and based on county public records data.

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