NOT LISTED FOR SALE

1026 18th St NE Unit 5 Washington, DC 20002

Langston Neighborhood

Estimated Value: $252,000 - $304,927

1 Bed
1 Bath
-- Sq Ft
$173/mo HOA Fee

Last Sold January 08, 2024

Last sale price $319,500

Est. 13% decrease in value since last sale

Current estimated payment $1,896/month

155 Days on Market

Highlights

  • New Construction
  • Balcony
  • Tankless Water Heater
  • Traditional Architecture
  • On-Site Parking for Sale
  • Forced Air Heating and Cooling System

About This Home

As of January 2024

PERFECT NEW PRICE PLUS UP TO $10K PREFERRED LENDER GRANT FOR THIS CORNER UNIT WITH PRIVATE BALCONY! Only one parking space remaining. Certificate of occupancy has been issued and unit is ready to close.

Welcome to Unit #5 at The Edge on 18th, a stunning corner condo in the heart of bustling Northeast DC. This brand new 1-bedroom, 1-bathroom, private balcony home is now available and offers a modern and stylish living space.

As you enter the unit, you'll be struck by the abundance of natural light that fills the open-concept living and dining area, thanks to the large black-framed windows. The white oak hardwood floors add a touch of warmth and elegance to the space, while the black flat-front cabinetry in the kitchen, along with the white quartz countertops and matching backsplashes, create a sleek and contemporary look. The brand new stainless steel GE and LG appliances, including a 36" refrigerator with a door water feature, are perfect for the modern chef.

The spacious bedroom boasts a private balcony where you can enjoy stunning city views, while the full en suite bathroom features black hexagonal tiling for a touch of drama. And you’ll love the double-wide main room pocket doors, which offer flexibility and live/work/play optionality.

The building is another delivery from Oak Edge Capital and Nicol Construction, known for quality construction. Units are ready to close today with three preferred lenders in place, and qualified homebuyers may be eligible for lender incentives, including up to a $10,000 grant! Don’t miss out on the opportunity to make this modern and chic condo your new home!

Last Listed By

Eric Kasenetz

Oak Edge Capital LLC License #5091524 Listed on: 05/05/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,716

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 1 Common Wall
  • Property is in excellent condition

HOA Fees

  • $173 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Batts Insulation

Interior Spaces

  • Property has 1 Level
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Parking

  • Paved Parking
  • On-Site Parking for Sale

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Tankless Water Heater

Community Details

Overview

  • Association fees include gas, water, sewer, reserve funds, exterior building maintenance, insurance, lawn maintenance, snow removal, trash
  • Mid-Rise Condominium
  • Carver Langston Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,716

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$173 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Traditional
  • Ownership: Condominium
  • New Construction: Yes
  • Story List: Main
  • Expected On Market: 2023-05-06
  • Federal Flood Zone: No
  • Year Built: 2023
  • Year Renovated: 2023
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Entry Floor: 3
  • Common Walls: 1 Common Wall
  • Levels Count: 1
  • Basement: No
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1026

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Batts Insulation, Brick
  • Construction Completed: Yes
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: On-Site - Sale, Paved Parking

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Tankless, Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 172.66
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Fee Includes: Gas, Water, Sewer, Reserve Funds, Ext Bldg Maint, Insurance, Lawn Maintenance, Snow Removal, Trash
  • HOA: No
  • Senior Community: No

Schools

  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • School District Key: 121140357950
  • School District Source: Listing Agent

Lot Info

  • Outdoor Living Structures: Balcony
  • Property Condition: Excellent
  • Soil Types: Chillum-Urban Land Complex
  • Zoning: RA-2
  • In City Limits: Yes

Green Features

  • Green Remarks: Vegetative Roof; Other Green Area Attributes

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2715.75
  • Assessor Parcel Number: NO TAX RECORD
  • Tax Year: 2023
  • Close Date: 01/08/2024

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2023
Closed on
Jan 8, 2024
Sold by
1026 18Th Street Development Llc
Bought by
Kabera Claudette
Seller's Agent
Eric Kasenetz
Oak Edge Capital LLC
Buyer's Agent
Stephanie Ireland
EXP Realty, LLC
List Price
$329,500
Sold Price
$319,500
Premium/Discount to List
-$10,000
-3.03%
Total Days on Market
155
Views
98
Current Estimated Value
$278,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$40,518
Avg. Annual Appreciation
-9.30%
Original Mortgage
$96,000
Outstanding Balance
$94,692
Interest Rate
7.03%
Estimated Equity
$184,290

Range of Values:

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Average Value
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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
Kabera Claudette $319,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kabera Claudette $96,000
Open Kabera Claudette $227,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2024 01/08/24 Sold $319,500 0.0% --
10/08/2023 10/08/23 Pending -- -- --
09/05/2023 09/05/23 Price Changed $319,500 -3.0% --
08/04/2023 08/04/23 For Sale $329,500 +3.1% --
08/04/2023 08/04/23 Off Market $319,500 -- --
06/28/2023 06/28/23 Price Changed $329,500 -1.5% --
05/05/2023 05/05/23 For Sale $334,500 -- --
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 $1,936 $330,000 $99,000 $231,000
2023 $1,340 $330,000 $99,000 $231,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC2094942

Bright MLS

APN: 4474-2037