aj heidmann: Palazzo at Park Center in Alexandria, VA ~ UNDER CONTRACT - 11/01/13 07:23 AM

 

UNDER CONTRACT in the Palazzo at Park Center
This fantastic corner, Venice model that overlooks the pond & mature green space in the Palazzo at Park Center is now under contract and moving to settlement!  Due to the enviable Southeast to Southwest exposure, the unit is sun-drenched and secluded, providing a private home within a City location.  Morning sun graces the kitchen, dining area, and 2nd bedroom, while afternoon sun bathes the unit through the dining area, living room, and master bedroom.  As a factoid… the Venice model in the Palazzo at Park Center is the only model that … (4 comments)

aj heidmann: Palazzo at Park Center in Alexandria, VA ~ Another One SOLD! #1210 - 09/16/13 09:12 AM

SOLD in the Palazzo at Park Center!
Unit #1210, a Florence model in building #1 with 726 square feet of wonderfully upgraded space, has reached settlement with the highest sales price for this model since July 2007!
This unit went under contract in just 6 days due to the great layout and fabulous upgrades; top of the line granite, new & newer stainless steel appliances, a huge walk-in closet, spacious bathroom with oversized soaking tub, and 1 garage space.  
 


 
 
 
 
 
 
 
 
 
 
The ongoing lack of inventory, particularly below … (7 comments)

aj heidmann: Palazzo at Park Center in Alexandria, VA ~ 2Bed/1Bath Venice model - 09/14/13 12:47 AM

 
JUST LISTED ~ $275000
Unit #2305 in the Palazzo at Park Center
This sun-drenched Venice unit is located in a premier location within the Palazzo at Park Center... overlooking the pond and green space, with Southeast to Southwest exposure for an abundance of natural light.  Morning sun graces the kitchen, dining area, and 2nd bedroom while afternoon sun bathes the unit through the dining area, living room, and master bedroom.  As a factoid, the Venice model in the Palazzo at Park Center is the only model that has a kitchen window… nicely located above the sink.


 
(5 comments)

aj heidmann: Polk Elementary “Back to School Picnic” in Seminary Valley, Alexandria - 09/06/13 05:32 AM
TGIF!!!
At times it may not have seemed likely… but the students & teachers of James Polk Elementary School in Seminary Valley of Alexandria made it through the first week of school (we’ll talk about the parents later!) and to celebrate there is a picnic this evening on the playground!  It is an opportunity for parents to connect with the parent’s of their child’s new BFF and meet the Polk PTA that works with the teachers and administration so hard to enrich the education of the students.
It’s funny how the two groups of parent’s dealt with this first week of … (6 comments)

aj heidmann: Palazzo at Park Center in Alexandria, VA ~ YTD August Market Report - 09/03/13 08:28 AM

 
 ~ Palazzo at Park Center YTD August 2013 Review ~
Here is the YTD August Market Review for the Palazzo at Park Center in Alexandria, VA.  For the first 8 months of the year a total of 14 units reached the settlement table, while 5 units are under contract, and 1 unit is currently available.  Of the closed units, 8 were the 1 bathroom Florence or Venice models and the other 6 sales represented by the 2 bathroom models (Naples, Milan, or Verona).  This rate is slightly ahead of 2012 when 12 units were settled by the end of … (5 comments)

aj heidmann: First Day of School for the Class of 2026 in Alexandria, VA - 09/03/13 02:13 AM
First Day of School for Alexandria, VA Public Schools
This morning was a beautiful, as the class of 2026 made its way to the bus stop for the very first time.  The list of supplies had been purchased, the clothing had been laid out the night before, and a last minute debate over what to pack for lunch as preceded the 1 minute walk to the bus stop at the corner.  There was already a small crowd waiting as we arrived, so there was extra time for the kids to tell each other what teacher they had and while the parents … (5 comments)

aj heidmann: Palazzo at Park Center in Alexandria, VA ~ UNDER CONTRACT! - 08/27/13 05:45 AM

 
Under Contract in the Palazzo at Park Center!
Another listing of mine in the Palazzo at Park Center is under contract after just 6 days on the market.  Unit #1210 is a Florence model in building #1 with 726 square feet of wonderfully upgraded space; top of the line granite, new & newer stainless steel appliances, a huge walk-in closet, spacious bathroom with oversized soaking tub, private balcony overlooking mature green space, and 1 garage space, successfully went to settlement recently after just 5 days on the market.  Other units are showing that sales/price momentum continues to be strong … (9 comments)

aj heidmann: Palazzo at Park Center in Alexandria, VA ~ JUST SOLD! Unit #2104 - 08/26/13 12:13 AM

 
SOLD in the Palazzo at Park Center!
This Florence model; with 726 finished square feet, a huge walk-in closet, spacious bathroom with oversized soaking tub, private balcony overlooking mature green space, and 1 garage space, successfully went to settlement recently after just 5 days on the market.  The unit had the original cabinetry, counters, and appliances from construction back in 2000 and the net sales price was the highest for this model since March of 2010.  Other units are showing that sales/price momentum continues to be strong in the association due to the high affordability of the complex.  
(3 comments)

aj heidmann: The Arlington Condo, Arlington, VA 22206 ~ SHORT SALE SUCCESS! - 08/24/13 03:58 AM
Short Sale SOLD in The Arlington
A successful end to 5 ½ months of paperwork and negotiating with two lenders, as short sale approval was granted and the finish line for my client’s was reached yesterday.  A new owner joins The Arlington association and has a great rental unit to serve this very popular area near Shirlington, while my client’s have piece of mind that this chapter of their life is closed and they can finally move forward.
 
The unit is a B model, an 800 square feet upper level unit, with wood burning fireplace in the living room … (0 comments)

aj heidmann: The Arlington Condo, Arlington VA ~ Mid-Year 2013 Update - 08/07/13 02:59 AM
At the mid point of the 2013, 24 units in The Arlington Condominium had successfully reached the settlement table.  At this pace, 2013 should do well above the 5 year rolling average of 30 sold units per year. 
What stands out here is the average price for the “A” units, showing that they had the highest average at $309K.  As the smallest unit in the association and located on the ground floor, they tend to bring in a lower sales price, but due to several (surprisingly high) sales they have outperformed the upper level “M” model.  The M model is … (6 comments)

aj heidmann: The Arlington Condo, Arlington, VA 22206 ~ 2012 Year End Report - 02/19/13 02:03 AM
The books have been closed on real estate sales in The Arlington for 2012.  For the year, a total of 37 units reached the settlement table, which is well above the rolling 5 year average of 30 units and just 1 shy of the 2010 high water mark of 38 units for that same period.
 
Of particular note is the number of upper level units, B & M models, which accounted for 75% of all sales, and the M models accounted for 48% of sales by themselves.  These percentages represent the high mark over the past 5 years, with M … (5 comments)

aj heidmann: Palazzo at Park Center, Alexandria, VA ~ 2012 Sales Review - 02/18/13 06:27 AM
            ~ Palazzo at Park Center 2012 Review ~
 The books are closed on 2012 for the real estate sales in the Palazzo at Park Center in Alexandria, VA.  Activity was very brisk in the 2 bathroom units (Naples, Milan & Verona models), which accounted for 71% of sales but just 40% of the 392 units in the complex.  The 1 bathroom units (Florence & Venice models) accounted for just 6 of the 21 units sold in 2012.
 
 
What is unique about the Palazzo versus the vast majority of other condo associations in the area is the amount of … (5 comments)

aj heidmann: ActiveRain Gets Much Love at CRS Sellebration - 01/31/13 02:16 AM
Just a quick note from CRS Celebration in Las Vegas... Sam Miller of Knox County Ohio and Apple Valley Lake fame here on Activerain is giving a great workshop on "Tech Lead Generation and Conversion" as I peck this out.  Fabulous content across multiple sources for real estate leads and the first thing out his mouth was... Acitiverain!  He gave a great synopsis of the SEO value of content on the site and value to agents over other blog sites.
I suspect a jump in new agents in the next 24 hours... so ramp up the servers!
Back to the session... … (6 comments)

aj heidmann: The Arlington Condo, Arlington, VA ~ Another SOLD 4643-C S. 28th Road - 06/08/12 04:49 AM
SOLD in The Arlington
This M model, with 875 square feet and located on a pedestrian courtyard, went under contract in just 9 days.  The 2 level, 2bed/1bath unit included bamboo flooring on the upper level, wood burning fireplace in the living room, in-unit washer/dryer, and a deck off the kitchen that backed to community green space.   All this located in a pet friendly association with ample green space and over 500 trees (yes, they have counted the trees), and just a short walk from Shirlington, VA.
 
               
 
The Arlington was originally built in 1950 as … (6 comments)

aj heidmann: Palazzo at Park Center, Alexandria, VA ~ Another One SOLD! - 06/07/12 05:47 AM

 SOLD in the Palazzo at Park Center!
 
This Florence II model, with 818 square feet~storage closet~1 garage space, successfully went to settlement recently after just 9 days on the market and with one of the highest Price per square figures that we have seen in the past 6 months.  The open floor plan, including a wall of windows with Southeast exposure and a large balcony, created an airy feel that is not always found in condominium living.
 
           
 
The Palazzo was built in 2005 and offers on-site amenities such as gym with 24 hour access, 2 level … (4 comments)

aj heidmann: The Shirlington Market Report ~ May 2012 - 06/05/12 07:34 AM
~ The Shirlington Report ~
The strong sales momentum that we had early in the year got even stronger in May, as the Shirlington real estate report shows a total of 43 units reaching the settlement table.  An increase in quality listings as we have moved through Spring has been met with an equally strong increase on contracts, so that inventory is still the limiting factor.  To put the activity in the Shirlington real estate market into context, a total of 29 new listings were added in May while 26 units went under contract in the month. 
I hate to … (3 comments)

aj heidmann: The Shirlington Report ~ April 2012 - 05/03/12 04:53 AM
~ The Shirlington Report ~
The Shirlington real estate report for April shows the impact of an increase in quality listings throughout the Spring, increased units under contract and sold. There were 28 units that reached the settlement table, the same as in March, which shows that if a move-in ready unit comes on the market it is quickly snapped up by the large pool of buyers circling the area.  To put the activity in the Shirlington real estate market into context, a total of 37 new listings were added in April while 36 units are currently under contract… so for … (5 comments)

aj heidmann: The Shirlington Real Estate Report ~ March 2012 - 04/06/12 10:39 AM
~ The Shirlington Report ~
The Shirlington real estate report for March shows the impact of the increase in quality listings in February and March. There were 28 units that reached the settlement table, up from 17 in February.  To put the activity in the Shirlington real estate market into context, a total of 39 new listings were added in March while 41 units went under contract… so demand continues to exceed supply.
I hate keep singing the same refrain (3 months running!), but here it is;  Inventory… or more correctly the lack of inventory is an issue  within the Shirlington … (8 comments)

aj heidmann: Large 1 Bedroom unit with Wall of Windows, Huge Balcony, and Reserved Garage Space - 03/26/12 04:54 AM
(11 comments)

aj heidmann: Big Parking Changes for the Palazzo at Park Center! - 03/08/12 03:20 AM
 

 
 
 
Weekend Street Parking at the Palazzo
After 18 months of research, compiling data, communicating with the association in numerous meetings, and a public hearing last week; we have 24 hour parking on Northampton Drive on weekends!
The City of Alexandria approved the change from parking from 7PM to 7AM seven days a week to parking 7PM to 7AM Monday through Friday (excluding holidays). 
 
              
 
The new times apply to both sides of Northampton Drive between Ford Ave. & Kirkpatrick Lane and it anticipated that it should generate space for 24-28 vehicles.  Restrictions … (3 comments)