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508 N Payne St , Alexandria, VA 22314
$995,000
Est. Payment: $5,212.68/mo
3 Bed
3 Bath
1728 Sqft
0.05 Acres
Status: active under contract | Days on site: 8
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House Description

Thoughtfully renovated from top to bottom, 508 N Payne Street pairs considered design with custom craftsmanship and inviting spaces for everyday living. From the beautifully appointed kitchen and vaulted living room to the landscaped grounds and private stone patio, the home offers a thoughtful balance of interior detail and outdoor living. The main level features new hardwood flooring, a generous dining room, and a beautifully renovated kitchen appointed with GE Café Series appliances, including a six-burner gas range, custom cabinetry with soft-close drawers, a pull-out pantry with custom shelving, and a substantial island with a built-in microwave. Pendant lighting and a professional range hood complete the space. Just beyond, the living room offers a gas fireplace, custom built-ins, recessed lighting, and a vaulted ceiling. An addition at the rear of the home creates additional living space, while new windows, custom retractable blinds, half-height plantation shutters, and custom radiator covers add comfort and character. A convenient main-level powder room completes the floor. Upstairs, the bedrooms feature hardwood flooring, recessed lighting in the primary bedroom, and double closets with custom built-ins. Six-panel wood doors and custom moldings above windows and doorways carry the home’s thoughtful detailing throughout. The finished lower level offers additional versatility, with new vinyl flooring, a custom-carpeted staircase, a built-in TV nook ideal for a den or media space, double closets with built-ins, a generously sized full bathroom, and a dedicated laundry area with GE appliances. Outdoor living is equally well considered. The landscaped front yard welcomes you with a charming front porch, custom wide slate paver walkways, landscape lighting, and a wide custom gate. The fully fenced front and back yards offer privacy and an attractive setting for relaxing or entertaining. At the rear, a new stone paver patio, six-foot privacy fence, and retractable awning create an inviting outdoor retreat, complemented by electric vehicle charging and two parking spaces within the patio area. An additional eight unassigned parking spaces provide further parking options. Notable improvements include a comprehensive first-floor renovation begun in 2023 and completed in 2024, basement waterproofing completed in 2023, and roof work completed in 2023. Additional features include a Nest thermostat system, mini-split air conditioning, and a hardwired ADT home security system.

Highlights

Listed by Joan B Shannon , 7035078655 and Patrick Thomas Shannon , 7034023659 Compass , 7032298935. Bright MLS

Property Type

Townhome

Lot/Acreage
0.05

Year Built

1940

County

Alexandria City

Neighborhood

Parker Gray Historic District

School District

Alexandria City Public Schools

Listing ID

VAAX2067846

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:3
  • ▪ Bathrooms:3
  • ▪ Full Bathrooms:2
  • ▪ 1/2 Bathrooms:1
Air Cond:Central A/C
Fireplaces:Gas/Propane,1 Fireplace
Floor:Hardwood,Luxury Vinyl Plank
Above Ground Sq Ft:1224
Below Ground Sq Ft:504
Basement:Daylight,Full,Interior Access
Other:
  • ▪ Additional:Floor Plan - Open, Kitchen - Eat-In, Kitchen - Island, Dining Area, Bathroom - Stall Shower, Bathroom - Tub Shower, Ceiling Fan(s), Recessed Lighting, Wood Floors, Window Treatments, No Pet Restrictions, Pets Allowed
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No,In City Limits
Garage Capacity:2
Zoning:RB
Others:
  • ▪ Additional:Exterior Lighting, Extensive Hardscape, Awning(s), Excellent
Sewer:Public Sewer
Parking Features:Stone Driveway,Driveway,2+ Spaces,1+ Spaces
Principal Interest
$5,213
Taxes
$883

Home Price

$995,000

Loan Details

30 yrs
6.844%

Down Payment

20%
$199,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$5,212.68

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,212.68 $883.25 $0.00 $6,095.93
Yearly $62,552.11 $10,599.00 $0.00 $73,151.11
Total $1,876,563.28 $317,970.00 $0.00 $2,194,533.28
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Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Alexandria, VA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-14T11:13:36.000Z

© 2026 Bright MLS