NOT LISTED FOR SALE

Estimated Value: $501,000 - $650,000

2 Beds
1.5 Baths
898 Sq Ft
$406/mo HOA Fee

Last Sold February 24, 2012

Last sale price $427,000 $476 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $3,562/month

Highlights

  • Newly Remodeled
  • Art Deco Architecture
  • Upgraded Countertops
  • Gourmet Kitchen
  • Wood Flooring
  • 1-minute walk to 11th and Monroe Street Park

About This Home

As of February 2012

1020 Monroe is an exclusive Madison Investments Property designed w/ sophisticated buyers in mind. The building features unique urban living w/ a restaurant from the owners of Open City. Uniquely situated on the corner of 11th & Monroe NW in the middle of the acclaimed "Hip Strip" known for the unique collection of privately owned restaurants & just a short walk to CH metro. FHA & 100% Financing!

Last Agent to Sell the Property

Matt Dewey

(202) 841-4221 mdewey@urbanpace.com Urban Pace Listed on: 01/05/2012

Urban Pace

Last Buyer's Agent

Daniel Lusk

(202) 412-8885 daniel@mccormickandlusk.com McWilliams/Ballard Inc. License #RA-0020195

McWilliams/Ballard Inc.

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1927 | Newly Remodeled

Lot Details

  • 218

HOA Fees

  • $406 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Art Deco Architecture
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 898 Sq Ft Home
  • Property has 3 Levels
  • Ceiling height of 9 feet or more
  • Combination Dining and Living Room
  • Wood Flooring
  • Intercom
  • Stacked Washer and Dryer

Kitchen

  • Gourmet Kitchen
  • Self-Cleaning Oven
  • Cooktop with Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal
  • Instant Hot Water

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Dual Flush Toilets

Accessible Home Design

  • Halls are 48 inches wide or more
  • Doors are 32 inches wide or more

Utilities

  • Heat Pump System
  • Vented Exhaust Fan
  • Public Septic

Additional Features

  • Energy-Efficient Appliances
  • Decorative Fence

Community Details

  • Association fees include lawn care front, management, insurance, sewer, snow removal, water
  • 28 Units
  • Low-Rise Condominium
  • 1020 Monroe Community
  • Columbia Heights Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 820
  • Assessor Parcel Number 2840//0820

Property Details

Home Type

Condominium

Year Built

Built in 1927 | Newly Remodeled

Lot Details

0

HOA Fees

$406 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Art Deco
  • Accessibility Features: 32"+ Wide Doors, 48"+ Halls
  • Ownership: Condominium
  • Home Warranty: Yes
  • New Construction: Yes
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1927
  • Special Features: NewHome
  • Property Sub Type: Condos

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dual Flush Toilets, Energy Efficient Appliances, Exhaust Fan, Icemaker, Microwave, Oven - Self Cleaning, Range Hood, Refrigerator, Washer/Dryer Stacked
  • Interior Amenities: Kitchen - Gourmet, Kitchen - Island, Combination Dining/Living, Upgraded Countertops, Wood Floors, Flat
  • Fireplace: No
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall
  • Entry Location: Floors 2-5
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3+
  • Room List: Living Room, Kitchen, Bedroom 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 898
  • Living Area Sq Ft: 898
  • Price Per Sq Ft: 467.59
  • Above Grade Finished Sq Ft: 898
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Roof: Unknown
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Instant Hot Water
  • Security: Intercom
  • Sewer/Septic System: Public Septic, Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 405.55
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Fee Includes: Lawn Care Front, Management, Insurance, Sewer, Snow Removal, Water
  • HOA: No

Lot Info

  • Fencing: Decorative
  • Improvement Assessed Value: 2783460.00
  • Land Assessed Value: 1339880.00
  • Soil Types: Urban Land-Sassafras-Chillum
  • In City Limits: Yes

Green Features

  • Green Water Conservation: Low-Flow Fixtures

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16044309
  • Tax Annual Amount: 70519.52
  • Assessor Parcel Number: 2840//0820
  • Tax Lot: 820
  • Tax Year: 2010

Multi Family

  • Metering: Electric Separate

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2012
Closed on
Feb 24, 2012
Sold by
1020 Monroe Llc
Bought by
Mccauley Jerry F
Seller's Agent
Matt Dewey
Urban Pace
Buyer's Agent
Daniel Lusk
McWilliams/Ballard Inc.
Sold Price
$427,000
Current Estimated Value
$544,870

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,870
Avg. Annual Appreciation
1.80%
Original Mortgage
$417,000
Outstanding Balance
$284,512
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$260,358
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mccauley Jerry F $427,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccauley Jerry F $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2012 02/24/12 Sold $427,000 -- $476 / Sq Ft
01/05/2012 01/05/12 Pending -- -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,646 $534,400 $160,320 $374,080
2024 $3,761 $544,740 $163,420 $381,320
2023 $3,838 $550,280 $165,080 $385,200
2022 $3,803 $539,920 $161,980 $377,940
2021 $3,812 $538,160 $161,450 $376,710
2020 $3,982 $544,120 $163,240 $380,880
2019 $3,737 $514,490 $154,350 $360,140
2018 $3,728 $511,960 $0 $0
2017 $3,642 $500,950 $0 $0
2016 $3,366 $482,020 $0 $0
2015 $3,062 $462,840 $0 $0
2014 $2,794 $398,910 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003807238

Bright MLS

APN: 2840-2011