The real estate market for the Palazzo at Park Center has been hot, hot, hot so far in 2019 with higher average sales prices and much smaller seller subsidies across the board; though this is in part due to the lower number of units for sale versus last year. Through the end of October, a total of 26 units in the Palazzo at Park Center reached the settlement table, as opposed to 42 condos in 2018, with 3 more units currently under contract. More importantly, there aren't any units available for … (2 comments)
The real estate market started off with a bang this year and stayed that way for the first six months of 2018, as 20 units reached the settlement table and another 8 are under contract and set to settle in the month of July. At this sales pace, the complex will easily eclipse the most recent high water mark of 31 units settled in 2016. As mortgage rates finally started to creep upward at the end of last year, buyers that had been sitting on the fence motivated to spring into action, which … (0 comments)
The real estate market started off with a bang this year and stayed that way for the first six months of 2018, as 20 units reached the settlement table and another 8 are under contract and set to settle in the month of July. At this sales pace, the complex will easily eclipse the most recent high water mark of 31 units settled in 2016. As mortgage rates finally started to creep upward at the end of last year, buyers that had been sitting on the fence motivated to spring into action, which … (0 comments)
The Spring real estate market is alive and well in the Palazzo at Park Center in Alexandria, VA, which is evident in this year to date April 2018 Market Report. As mortgage rates have finally started to creep upwards, buyers that had been sitting on the fence have been motivated to finally spring into action and start writing offers on a home. With the exception of one outlier sale, the average time from listing to a contract is under 9 days so far this year.
Unit #2318 in the Palazzo at Park Center, a Florence model, is on the market with AJ Heidmann as the listing agent at the offer price of $227,500. Located on the eastern side of building #2, this nicely updated unit has great views of community green space, new quartz countertops, fresh paint, new stainless steel appliances, and new flooring in the kitchen/bath/walk-in closet. The dual entry bathroom features a new vanity, mirror, and lighting to go with the oversized soaking tub, and acces to … (4 comments)
Another great listing in the Palazzo at Park Center is under contract with AJ Heidmann as the listing agent. Unit #4431 is located on the top floor, has a vaulted ceiling in the living room, large bathroom with oversized soaking tub, huge walk-in closet, and features new carpeting-ceramic tile flooring-fresh paint to create a true turn key property. Ideally located just steps from elevator; with the assigned parking space in the garage similarly located for ultimate convenience. The unit also has received major component upgrades with a new HVAC sytem in … (2 comments)
Now that the New Year has arrived, it is time to take a look at the 2017 Annual Sale Report for the Palazzo at Park Center in Alexandria, VA. For the year, a total of 27 units reached the settlement table, which is just above the rolling 5 year average of 26 units. The average sales price for all models were up from 2016, except for the 1bed/1bath Florence model, with the 2bed/1bath Venice model having the greatest increase in average sales price at 6%. On another positive note, there … (6 comments)
This fantastic first floor, 2bed/2bath Naples model with 962 square feet is went to settlement in December 2014 and the Palazzo at Park Center in Alexandria, VA has a great new resident. Even as a first floor unit, it has 3rd floor views as the unit sits on top of the 2 story parking garage; and to add to the units appeal is the assigned garage space just 5 spots from the elevator, not to mention an additional visitor parking hang tag. The living room features … (7 comments)
OPEN HOUSE Sunday October 12th 1-4PM TWO UNITS #4113 & #2316
On Sunday October 12th, two units in the Palazzo at Park Center will be open for public viewing. Both units feature a 2 bedroom / 2 bath layout, but are different in floor plan and interior upgrades.
Unit #4113 is a Naples unit on the first floor of building #4 with 962 square feet, that features Brazilian cherry hardwoods in the living & dining room, Eastern exposure for great morning light, stack unit washer/dryer, and 1 assigned garage space, plus 1 visitor hang … (4 comments)
This great 3rd floor, 2bed/2bath Milan model with 1,074 square feet is now on the market in the Palazzo at Park Center in Alexandria, VA. Located on an interior courtyard, the unit includes 2 assigned garage spaces and an additional visitor parking hang tag. The unit features brand new carpeting throughout and a gas fire place in the living room, as well as a separate dining area just off the open galley kitchen. Both master suites have over sized soaking tubs and walk-in closets and due to the split floor plan, the … (3 comments)
JUST LISTED UNIT #4113 $299,900 Palazzo at Park Center
This fantastic first floor, 2bed/2bath Naples model with 962 square feet is now on the market in the Palazzo at Park Center in Alexandria, VA. Even as a first floor unit, it has 3rd floor views as the unit sits on top of the 2 story garage and the assigned parking space is just 5 spots from the elevator, not to mention an additional visitor parking hang tag. The living room features Brazilian cherry hardwoods that extend into the dining area and wall of windows along the balcony … (2 comments)
Palazzo at Park Center 2 Bed+Den /2 Bath Verona Unit
SOLD for $325,000
The Palazzo at Park Center in Alexandria, VA has new residents with the completed settlement for this great top floor, 2 Bed+Den/2 Bath Verona model in building #4. The sales price is significant, as of settlement day it is the highest sales price in the Palazzo since October of 2007! This is the largest floor plan in the Palazzo at 1,160 sq ft and comes with 2 garage parking spaces, which is not the usual situation for the complex, that are conveniently … (2 comments)
22311: Palazzo at Park Center in Alexandria, VA ~ Open House 8/3 1-4pm
- 08/02/14 12:53 AM
OPEN HOUSE ~ Unit #2424 Sunday August 3rd 1-4PM $319,000 ~ Palazzo at Park Center Come see this fantastic top floor, 2bed/2bath Naples II model (1 of just 4 in the entire community) with 1,058 square feet this Sunday from 1-4 pm in the Palazzo at Park Center in Alexandria, VA. The Naples II is a unique floorplan in that it has the largest master bedroom, as well as master bathroom, along with 2 oversized walk-in closets in the master suite. As an added bonus, the unit has 2 garage spaces that convey with it #57 & #552 (instead of … (5 comments)
22311: The Palazzo at Park Center ~ Unit #2424 For Sale at $319,000
- 07/25/14 08:45 AM
JUST LISTED UNIT #2424 $319,000 Palazzo at Park Center This fantastic top floor, 2bed/2bath Naples II model (1 of just 4 in the entire community) with 1,058 square feet is now on the market in the Palazzo at Park Center in Alexandria, VA. The Naples II is a unique floorplan in that it has the largest master bedroom, as well as master bathroom, along with 2 oversized walk-in closets in the master suite. As an added bonus, the unit has 2 garage spaces that convey with it #57 & #552 (instead of the usual 1 space) that are located within … (4 comments)
It took just 5 days on the market for this great top floor, 2 Bed+Den/2Bath Verona model to go under contract with multiple offers. This is the largest floor plan in the Palazzo at 1,160 sq ft and comes with 2 garage parking spaces, which is not the usual situation.
The Verona model features the largest kitchen in the complex, as well as a separate laundry room off the kitchen that can be equipped with either side by side units or a … (2 comments)
This top floor, 2 Bed+Den/2Bath Verona model (the largest floor plan in the Palazzo at 1,160 sq ft) is on the market and available with a flexible settlement date. The Verona model features the largest kitchen in the complex, as well as a separate laundry room off the kitchen that can be equipped with either side by side units or a stackable washer/dryer, and additional storage space. The unit is located in building #4 and overlooks the interior courtyard and has Southwestern exposure, so you can take … (4 comments)
22311: Palazzo at Park Center in Alexandria, VA ~ New Rental Listing
- 04/23/14 06:33 AM
Palazzo at Park Center in Alexandria, VA New Rental Listing ~ Unit #1103 If you have been looking for a rental unit with 2 master suites, garage parking, and located just steps to the pool & fitness center... Unit #1103 in the Palazzo at Park Center should fit the bill. At 962 sq ft this Naples model features hardwood floors in the living & dining rooms, upgraded baths and kitchen with stainless steel appliances & granite.
Located just one traffic light from I-395 & King Street, the location is great for a shorter commute to … (0 comments)
22311: Palazzo at Park Center in Alexandria, VA ~ 2013 Market Review
- 01/06/14 06:55 AM
Palazzo at Park Center 2013 Market Review Alexandria, VA 22311 The Palazzo at Park Center in Alexandria, VA had very good 2013, as reflected in the sales numbers for the community. Average prices were up year over year for all models with the exception of the Milan model, which declined 1% versus 2012 (which was due to one of the two units sold being in poor condition). The stand out for the year was the Venice model, 2 bedroom / 1 bath unit, which say the average says price increase by 13% against last years number. In addition, seller subsidies declined … (3 comments)
22311: Palazzo at Park Center in Alexandria, VA ~ Another unit SOLD! #4413
- 12/31/13 03:56 AM
UNIT #4413 ~ SOLD! Another unit SOLD in the Palazzo at Park Center and Christmas came a couple of days early for the previous owners with a completed settlement. This fantastic top floor, 2bed/2bathroom Naples model with 962 square feet went was snapped up in just over two weeks on the market. The main features of the unit include hardwood floors throughout, brand new stainless appliances, granite, 2 updated bathrooms, vaulted ceilings & gas fireplace in the living room, dual vanity master bathroom with over sized soaking tub, and in-unit washer/dryer. Additionally, the balcony is accessed through the living room, … (3 comments)
22311: Palazzo at Park Center in Alexandria, VA ~ Unit #4413 Under Contract
- 12/02/13 06:48 AM
UNDER CONTRACT Palazzo at Park Center, Alexandria, VA This fantastic top floor, 2bed/2bathroom Naples model with 962 square feet is now under contract in the Palazzo at Park Center in Alexandria, VA. It features hardwood floors throughout, brand new stainless appliances, granite, 2 updated bathrooms, vaulted ceilings & gas fireplace in the living room, and in-unit washer/dryer.
The balcony runs the width of the living room, which allows for a flood of natural light into the unit, and provides the perfect place to enjoy your morning coffee. The master suite includes an updated bathroom with dual sink vanity, … (0 comments)
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