NOT LISTED FOR SALE

1033 Paper Mill Ct NW Unit 1033 Washington, DC 20007

Georgetown Neighborhood

Estimated Value: $822,000 - $940,000

2 Beds
1 Bath
886 Sq Ft
$515/mo HOA Fee

Last Sold February 26, 2016

Last sale price $669,000 $755 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $5,744/month

8 Days on Market

Highlights

  • Open Floorplan
  • Contemporary Architecture
  • Community Pool
  • Hyde Addison Elementary School Rated A
  • 1 Fireplace
  • 5-minute walk to Rock Creek Park South

About This Home

As of February 2016

Sun-filled townhouse-style condo at the Papermill. Rare views of Potomac River and Rosslyn skyline. Exposed brick, wood burning fireplace and attic storage. Garage parking conveys. Pet-friendly association with low fees and strong financials. Unbeatable location nestled between the C&O Canal and Georgetown's waterfront park.

Last Agent to Sell the Property

Michael Brennan

Compass Listed on: 10/28/2015

Compass

Last Buyer's Agent

Michael Brennan

Compass Listed on: 10/28/2015

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,941

Year Built

  • Built in 1979

Lot Details

  • 566

HOA Fees

  • $515 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 886 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • 1 Fireplace
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Subterranean Parking
  • Parking Space Number Location: S219
  • Parking Space Conveys

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 2033
  • Assessor Parcel Number 1187//2033

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, management, insurance, reserve funds, sewer, snow removal, trash, water
  • The Papermill Community
  • Georgetown Subdivision
  • The community has rules related to moving in times

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Additional Features

  • Common Area
  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,941

Year Built

Built in 1979

Lot Details

0

HOA Fees

$515 per month

Listing Details

  • Property Type: Residential
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1979
  • Remarks Public: Sun-filled townhouse-style condo at the Papermill. Rare views of Potomac River and Rosslyn skyline. Exposed brick, wood burning fireplace and attic storage. Garage parking conveys. Pet-friendly association with low fees and strong financials. Unbeatable location nestled between the C&O Canal and Georgetown's waterfront park.
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Combination Dining/Living, Floor Plan - Open
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Townhouse
  • Levels Count: 2
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 886
  • Living Area Sq Ft: 886
  • Price Per Sq Ft: 755.08
  • Above Grade Finished Sq Ft: 886
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1033

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: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Parking Space Conveys, Garage
  • Parking Space Number Assigned: S219
  • Garage Features: Underground

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • Condo Co-Op Fee: 515.00
  • 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, Ext Bldg Maint, Management, Insurance, Reserve Funds, Sewer, Snow Removal, Trash, Water
  • HOA Condo Co-Op Rules: Moving In Times, Pets - Allowed
  • HOA: No
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 324560.00
  • Land Assessed Value: 139090.00
  • Property Attached Yn: Yes
  • Soil Types: Urban Land Not Rated
  • Year Assessed: 2014
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16000371
  • Tax Annual Amount: 3941.03
  • Assessor Parcel Number: 1187//2033
  • Tax Lot: 2033
  • Tax Total Finished Sq Ft: 886
  • Tax Year: 2014
  • Close Date: 02/26/2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2015
Closed on
Feb 26, 2016
Sold by
Arin Tijen
Bought by
Cicchino Joseph A
Seller's Agent
Michael Brennan
Compass
Buyer's Agent
Michael Brennan
Compass
List Price
$669,000
Sold Price
$669,000
Current Estimated Value
$862,425

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,425
Avg. Annual Appreciation
1.93%
Original Mortgage
$535,000
Outstanding Balance
$432,826
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$368,303

Purchase Details

Closed on
Jan 6, 2003
Sold by
Williams Louis
Bought by
Arin Tijen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.08%
Mortgage Type
New Conventional
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
Cicchino Joseph A $669,000 Avenue Stlmnt Corporation
Arin Tijen $325,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cicchino Joseph A $535,000
Previous Owner Arin Tijen $260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2016 02/26/16 Sold $669,000 0.0% $755 / Sq Ft
11/05/2015 11/05/15 Pending -- -- --
10/28/2015 10/28/15 For Sale $669,000 -- $755 / 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 $5,596 $673,470 $202,040 $471,430
2023 $5,447 $655,570 $196,670 $458,900
2022 $5,400 $649,020 $194,710 $454,310
2021 $5,439 $653,190 $195,960 $457,230
2020 $4,799 $640,290 $192,090 $448,200
2019 $4,423 $600,450 $180,130 $420,320
2018 $4,032 $583,010 $0 $0
2017 $3,673 $504,610 $0 $0
2016 $3,466 $479,430 $0 $0
2015 $3,303 $460,000 $0 $0
2014 $3,344 $463,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001354173

Bright MLS

APN: 1187-2033