$599,000
SOLD JUL 21, 2017

1023 Potomac St NW Unit 1023 Washington, DC 20007

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

Recently Sold

$676 Per Sq Ft

6% Below List Price

Highlights

  • Private Pool
  • Federal Architecture
  • 1 Fireplace
  • Hyde Addison Elementary School Rated A
  • Traditional Floor Plan
  • 4-minute walk to Francis Scott Key Park

About This Home

As of October 2019

Terrific 2-level townhouse condo in Paper Mill. Ideal Georgetown location. 2BR 1BA unit, new stainless steel kitchen appliances, new stacked washer/dryer, exposed brick. Garage parking incl. One block to C&O Canal and Georgetown's Waterfront Park. Pet-friendly association, low fee, swimming pool. Great unit in a fabulous spot! Enjoy and explore all that the city has to offer!

Last Agent to Sell the Property

Diana Hart

(202) 271-2717 diana.hart@wfp.com Washington Fine Properties, LLC License #SP90526 Listed on: 04/21/2017

Washington Fine Properties, LLC

Last Buyer's Agent

Marc Cowan

(202) 476-9790 marcofdistinctionhomes@gmail.com Compass License #02252225930

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,759

Year Built

  • Built in 1979

HOA Fees

  • $550 Monthly HOA Fees

Home Design

  • Federal Architecture
  • Brick Exterior Construction

Interior Spaces

  • 886 Sq Ft Home
  • Property has 2 Levels
  • Traditional Floor Plan
  • Built-In Features
  • 1 Fireplace
  • Stacked Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Subterranean Parking
  • Parking Space Number Location: S-182

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Private Pool
  • Property is in very good condition

Listing and Financial Details

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

Community Details

Overview

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

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,759

Year Built

Built in 1979

Lot Details

0

HOA Fees

$550 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Federal
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1979
  • Remarks Public: Terrific 2-level townhouse condo in Paper Mill. Ideal Georgetown location. 2BR 1BA unit, new stainless steel kitchen appliances, new stacked washer/dryer, exposed brick. Garage parking incl. One block to C&O Canal and Georgetown's Waterfront Park. Pet-friendly association, low fee, swimming pool. Great unit in a fabulous spot! Enjoy and explore all that the city has to offer!
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked
  • Interior Amenities: Kitchen - Eat-In, Built-Ins, Floor Plan - Traditional
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 886
  • Living Area Sq Ft: 886
  • Price Per Sq Ft: 676.64
  • Above Grade Finished Sq Ft: 886
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1023

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: No
  • Parking Features: Garage
  • Parking Space Number Assigned: S-182
  • Garage Features: Underground

Utilities

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

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Improvement Assessed Value: 322690.00
  • Land Assessed Value: 138300.00
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Soil Types: Unknown
  • Year Assessed: 2016
  • Zoning: W-2
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16000437
  • Tax Annual Amount: 3759.00
  • Assessor Parcel Number: 1187//2100
  • Tax Lot: 2100
  • Tax Total Finished Sq Ft: 886
  • Tax Year: 2015
  • Close Date: 07/21/2017

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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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 Type Sale Price Title Company
Special Warranty Deed $599,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $479,200 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/15/2019 10/15/19 Sold $675,000 +1.7% $762 / Sq Ft View Prior Sale
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

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Map

Source: Bright MLS

MLS Number: 1001389131

Bright MLS

APN: 1187-2100