NOT LISTED FOR SALE

1023 Potomac St NW Unit 1023 Washington, DC 20007

Georgetown Neighborhood

Estimated Value: $746,706 - $940,000

2 Beds
1 Bath
886 Sq Ft
$550/mo HOA Fee

Last Sold October 15, 2019

Last sale price $675,000 $762 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $5,455/month

Highlights

  • Wood Flooring
  • 1 Fireplace
  • 1 Car Attached Garage
  • Hyde Addison Elementary School Rated A
  • Community Pool
  • 4-minute walk to Francis Scott Key Park

About This Home

As of October 2019

Superb two bed condo in the perfectly located Papermill complex, just steps away from Georgetown Waterfront park and the excitement of M St. This chic and stylish home has been further enhanced with new hardwood floors and re-painted throughout by the current owners. With assigned garage parking offering convenience and the vibrant location providing a catalogue of attractions on the doorstep. this home offers an exceptional lifestyle at an attractive price.

Last Agent to Sell the Property

Marc Cowan

(202) 476-9790 marcofdistinctionhomes@gmail.com Compass License #02252225930 Listed on: 09/12/2019

Compass

Last Buyer's Agent

Wendy Gowdey

(202) 258-3618 wgowdey@ttrsir.com TTR Sotheby's International Realty

TTR Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,201

Year Built

  • Built in 1900 | Remodeled in 1979

Lot Details

  • 436

HOA Fees

  • $550 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Basement Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 886 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace
  • Wood Flooring
  • Electric Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Schools

  • Hyde-Addison Elementary School
  • Hardy Middle School
  • Jackson-Reed High School

Utilities

  • Heat Pump System

Listing and Financial Details

  • Tax Lot 2100
  • Assessor Parcel Number 1187//2100

Community Details

Overview

  • Association fees include insurance, management, parking fee, reserve funds, sewer, trash, water
  • Papermill HOA
  • Low-Rise Condominium
  • Georgetown Community
  • Georgetown Subdivision
  • Property Manager

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,201

Year Built

Built in 1900 | Remodeled in 1979

Lot Details

0

HOA Fees

$550 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • Exclusions: As per Inclusions Disclosure and Addendum
  • Historic: No
  • Home Warranty: No
  • Inclusions: As per Inclusions Disclosure and Addendum
  • New Construction: No
  • Story List: Lower 1, Main
  • Federal Flood Zone: No
  • Year Built: 1900
  • Year Renovated: 1979
  • Remarks Public: Superb two bed condo in the perfectly located Papermill complex, just steps away from Georgetown Waterfront park and the excitement of M St. This chic and stylish home has been further enhanced with new hardwood floors and re-painted throughout by the current owners. With assigned garage parking offering convenience and the vibrant location providing a catalogue of attractions on the doorstep. this home offers an exceptional lifestyle at an attractive price.
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dryer, Oven/Range - Electric, Refrigerator, Washer
  • Interior Amenities: Wood Floors
  • Other Equipment: Negotiable
  • Fireplaces Count: 1
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 886
  • Living Area Sq Ft: 886
  • Price Per Sq Ft: 749.44
  • Above Grade Finished Sq Ft: 886
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1023

Beds/Baths

  • Bedrooms: 2
  • All Lower Level Bedrooms: 2
  • Lower Level Bedroom: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Assigned
  • Garage Features: Basement Garage, Covered Parking, Garage Door Opener, Underground
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 550.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Insurance, Management, Parking Fee, Reserve Funds, Sewer, Trash, Water
  • HOA Name: PAPERMILL
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • Elementary School: HYDE-ADDISON
  • Middle School: HARDY
  • High School: JACKSON-REED
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121140357950
  • School District Source: 3rd Party
  • Elementary School: HYDE-ADDISON
  • High School: JACKSON-REED
  • Middle Or Junior School: HARDY

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 384900.00
  • Land Assessed Value: 164960.00
  • Lot Size Acres: 0.01
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 546.00
  • Soil Types: Unknown
  • Year Assessed: 2018
  • Zoning: W-2
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 16000437
  • Tax Annual Amount: 4201.00
  • Assessor Parcel Number: 1187//2100
  • Tax Lot: 2100
  • Tax Total Finished Sq Ft: 886
  • Tax Year: 2018
  • Close Date: 10/15/2019

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2017
Closed on
Jul 21, 2017
Sold by
Simmermacher Louis D
Bought by
Bernstein Brandon and Foster Danielle
Seller's Agent
Diana Hart
Washington Fine Properties, LLC
Buyer's Agent
Marc Cowan
Compass
List Price
$639,000
Sold Price
$599,000
Premium/Discount to List
-$40,000
-6.26%
Current Estimated Value
$846,427

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,427
Avg. Annual Appreciation
4.30%
Original Mortgage
$479,200
Outstanding Balance
$398,134
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$448,293
Source: Public Records

Range of Values:

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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
Bernstein Brandon $599,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bernstein Brandon $479,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2019 10/15/19 Sold $675,000 +1.7% $762 / Sq Ft
09/13/2019 09/13/19 Pending -- -- --
09/12/2019 09/12/19 For Sale $664,000 +10.9% $749 / Sq Ft
07/21/2017 07/21/17 Sold $599,000 -0.1% $676 / Sq Ft
06/17/2017 06/17/17 Pending -- -- --
06/12/2017 06/12/17 Price Changed $599,500 -6.2% $677 / Sq Ft
04/21/2017 04/21/17 For Sale $639,000 -- $721 / Sq Ft
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
2024 $5,015 $605,210 $181,560 $423,650
2023 $4,930 $594,680 $178,400 $416,280
2022 $4,935 $594,350 $178,300 $416,050
2021 $4,971 $598,160 $179,450 $418,710
2020 $4,984 $586,350 $175,900 $410,450
2019 $4,674 $549,860 $164,960 $384,900
2018 $4,202 $494,350 $0 $0
2017 $4,124 $485,210 $0 $0
2016 $3,918 $460,990 $0 $0
2015 $3,760 $442,300 $0 $0
2014 $3,808 $447,970 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Marc Cowan

    Seller's Agent in 2019

    Marc Cowan

    Compass

    (202) 476-9790

    2 in this area

    47 Total Sales

    Marc Cowan
    Section Image
  • Wendy Gowdey

    Buyer's Agent in 2019

    Wendy Gowdey

    TTR Sotheby's International Realty

    (202) 258-3618

    38 Total Sales

    Wendy Gowdey
    Section Image
  • Diana Hart

    Seller's Agent in 2017

    Diana Hart

    Washington Fine Properties, LLC

    (202) 271-2717

    1 in this area

    10 Total Sales

    Diana Hart
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DCDC442094

Bright MLS

APN: 1187-2100

District of Columbia District of Columbia County Washington 20007 Georgetown

1023 Potomac St NW Unit 1023, Washington, DC

This home is located at 1023 Potomac St NW Unit 1023, Washington, DC 20007 since 12 September 2019 and is currently estimated at $846,427, approximately $955 per square foot. This property was built in 1900. 1023 Potomac St NW Unit 1023 is a home located in District of Columbia with nearby schools including Hyde Addison Elementary School, Hardy Middle School, and Jackson Reed High School.

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