NOT LISTED FOR SALE

1031 Paper Mill Ct NW Unit 1031 Washington, DC 20007

Georgetown Neighborhood

Estimated Value: $648,000 - $901,000

2 Beds
1 Bath
886 Sq Ft
$901/Sq Ft Est. Value

Last Sold November 30, 2020

Last sale price $712,000 $804 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $5,551/month

3 Days on Market

Highlights

  • River View
  • Wood Flooring
  • Living Room
  • Hyde Addison Elementary School Rated A
  • Community Pool
  • 5-minute walk to Rock Creek Park South

About This Home

As of November 2020

Amazing location just steps from the Georgetown Waterfront! This upper unit receives tons of natural light and is tucked away in a beautiful community, complete with a pool and garage parking space.

Recently replaced HVAC, water heater, windows, shades, induction stove, refrigerator, dishwasher, washer, and dryer!

Last Agent to Sell the Property

John Pham

Spring Hill Real Estate, LLC. License #SP200204985 Listed on: 10/29/2020

Spring Hill Real Estate, LLC.

Last Buyer's Agent

Meredith Margolis

Compass

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,691

Year Built

  • Built in 1900

Lot Details

  • 566

HOA Fees

  • $550 Monthly HOA Fees

Property Views

  • River
  • Courtyard

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 886 Sq Ft Home
  • Property has 2 Levels
  • Wood Burning Fireplace
  • Living Room
  • Dining Room
  • Stacked Washer and Dryer

Kitchen

  • Stove
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 2032
  • Assessor Parcel Number 1187//2032

Community Details

Overview

  • Association fees include common area maintenance, insurance, management, pool(s), reserve funds, sewer, snow removal, trash, water
  • Georgetown Subdivision

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Additional Features

  • Common Area
  • Security Service

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,691

Year Built

Built in 1900

Lot Details

0

HOA Fees

$550 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2020-10-29
  • Year Built: 1900
  • Automatically Close On Close Date: Yes
  • Remarks Public: Live. Work. Play at the Georgetown waterfront. This beautiful 2 bedroom, 1 bathroom 2-level end unit brick townhouse style condo with a balcony is located in the gated community of Paper Mill. This condo is about half a block to the Potomac River and has stunning views of the river and Rosslyn. Stroll down to the waterfront or up to M Street to find award winning restaurants and national brand shops as well as regional boutiques. For the active and nature lovers, the canal, trails, kayaking, and paddle boarding are a few steps away from the front door. The first floor of this home offers a combination of exposed brick and freshly painted neutral walls, wood burning fireplace, lots of natural light, recently refinished maple floors, and an open living space. The flow of the space allows for easy entertaining and accommodate cozy get togethers with friends and family or even to just read a book. The upper level allows for privacy and a peaceful retreat. The primary bedroom has two windows and a stunning 2nd floor view of the river. The other bedroom can be used as a guest room, an office space, or large walk in closet. The attic contains flooring to allow for extra storage and in the future, can be finished off for additional living space. The condo fees are low and includes a pool, a security guard, water, and snow removal. The community is pet-friendly.
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Stove, Washer/Dryer Stacked
  • Flooring Type: Hardwood, Carpet
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Bathroom 1
  • Basement: No
  • Total Sq Ft: 886
  • Living Area Sq Ft: 886
  • Price Per Sq Ft: 800.23
  • Above Grade Finished Sq Ft: 886
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1031

Beds/Baths

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

Exterior Features

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

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • 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: Common Grounds, Pool - Outdoor, Security
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Insurance, Management, Pool(s), Reserve Funds, Sewer, Snow Removal, Trash, Water
  • HOA: No
  • Senior Community: No
  • Community Pool Features: In Ground

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 383590.00
  • Land Assessed Value: 164400.00
  • Soil Types: Urban Land Not Rated
  • Year Assessed: 2019
  • Zoning: W2
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Assessor Parcel Number: 16000372
  • Tax Annual Amount: 3691.00
  • Assessor Parcel Number: 1187//2032
  • Tax Lot: 2032
  • Tax Total Finished Sq Ft: 886
  • Tax Year: 2019
  • Close Date: 11/30/2020

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2020
Closed on
Nov 25, 2020
Sold by
Nguyen Thi Xuan and Nguyen Ngoc Can
Bought by
Hermstein Ryan Liu
Seller's Agent
John Pham
Spring Hill Real Estate, LLC.
Buyer's Agent
Meredith Margolis
Compass
List Price
$709,000
Sold Price
$712,000
Premium/Discount to List
$3,000
0.42%
Current Estimated Value
$830,423

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,423
Avg. Annual Appreciation
1.82%
Original Mortgage
$531,750
Outstanding Balance
$480,678
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$293,887

Purchase Details

Closed on
Jun 3, 2003
Sold by
Highfield Richard F
Bought by
Nguyen Alan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,400
Interest Rate
5.86%
Mortgage Type
New Conventional
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
Hermstein Ryan Liu $709,000 Kvs Title Llc
Nguyen Alan L $343,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hermstein Ryan Liu $531,750
Previous Owner Nguyen Alan Loan $418,000
Previous Owner Nguyen Alan L $274,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2025 04/03/25 Off Market $3,500 -- --
02/28/2025 02/28/25 For Rent $3,500 0.0% --
11/30/2020 11/30/20 Sold $712,000 +0.4% $804 / Sq Ft
11/02/2020 11/02/20 Pending -- -- --
10/29/2020 10/29/20 For Sale $709,000 -- $800 / 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 $5,444 $655,640 $196,690 $458,950
2023 $4,590 $638,730 $191,620 $447,110
2022 $4,691 $644,340 $193,300 $451,040
2021 $3,990 $559,030 $167,710 $391,320
2020 $4,014 $547,990 $164,400 $383,590
2019 $3,691 $509,130 $152,740 $356,390
2018 $3,579 $494,350 $0 $0
2017 $3,508 $485,210 $0 $0
2016 $3,309 $460,990 $0 $0
2015 $3,153 $442,300 $0 $0
2014 $3,211 $447,970 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC493396

Bright MLS

APN: 1187-2032