$774,000 - $946,000
RENTED JAN 17, 2025

1039 Paper Mill Ct NW Unit 1039 Washington, DC 20007

Georgetown Neighborhood
2 Beds
1 Bath
886 Sq Ft
$940 Price per Sq Ft

Last Sold November 15, 2024

Last sale price $785,000 $886 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,999/month

Highlights

  • River View
  • Traditional Architecture
  • Ceiling height of 9 feet or more
  • Hyde Addison Elementary School Rated A
  • Bamboo Flooring
  • 5-minute walk to Rock Creek Park South

About This Home

As of January 2025

Charming Georgetown Waterfront Condo with GARAGE PARKING! Experience the best of Georgetown living in this sun-filled 2 BR, 1 BA townhouse-style condo at the highly sought-after Papermill. With breathtaking views of the Potomac River and the Rosslyn skyline, this home combines elegance with modern comfort. Featuring exposed brick walls, a cozy wood-burning fireplace, and bamboo flooring on the main level. The updated kitchen is perfect for culinary enthusiasts, and the private entrance adds a touch of exclusivity. Enjoy the convenience of IN-UNIT LAUNDRY, one garage parking spot, and the charm of waterfront living, all while being steps away from Georgetown's vibrant shops, dining, and cultural attractions.

Don’t miss this incredible opportunity—schedule your showing today!

Last Agent to Rent the Property

Aret Koseian

Artifact Homes License #0225219647 Listed on: 12/11/2024

Co-Listed By

perry slomnicki

Artifact Homes License #0225248227

Last Renter's Agent

datacorrect BrightMLS

Non Subscribing Office

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,667

Year Built

  • Built in 1900

Lot Details

  • 436

Parking

  • 1 Car Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 886 Sq Ft Home
  • Property has 2 Levels
  • Brick Wall or Ceiling
  • Ceiling height of 9 feet or more
  • Wood Burning Fireplace
  • River Views

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher

Flooring

  • Bamboo
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on upper level
  • Stacked Washer and Dryer

Home Security

Schools

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

Utilities

  • Central Heating
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Balcony
  • 436 Sq Ft Lot

Listing and Financial Details

  • Residential Lease
  • Security Deposit $4,400
  • Tenant pays for electricity
  • Rent includes water
  • No Smoking Allowed
  • 12-Month Min and 24-Month Max Lease Term
  • Available 12/11/24
  • $40 Application Fee
  • $100 Repair Deductible
  • Assessor Parcel Number 1187//2036

Community Details

Overview

  • No Home Owners Association
  • Association fees include all ground fee, common area maintenance, trash, water, sewer, snow removal, pool(s)
  • Georgetown Community
  • Georgetown Subdivision

Recreation

  • Community Pool

Pet Policy

  • Pets allowed on a case-by-case basis

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,667

Year Built

Built in 1900

Lot Details

0

Parking

1

Rental Info

  • Date Available: 2024-12-11
  • Application Fee: 40.00
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Rent Includes: Water
  • Security Deposit: 4400.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Electricity
  • Vacation Rental: No
  • Property Manager: No
  • Max Lease in Months: 24
  • Min Lease in Months: 12
  • Rent Spree Online Application: No

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • New Construction: No
  • Story List: Upper 1
  • Year Built: 1900
  • Assigned Parking Space Numbers: S229
  • Automatically Close On Close Date: No
  • Remarks Public: Charming Georgetown Waterfront Condo with GARAGE PARKING! Experience the best of Georgetown living in this sun-filled 2 BR, 1 BA townhouse-style condo at the highly sought-after Papermill. With breathtaking views of the Potomac River and the Rosslyn skyline, this home combines elegance with modern comfort. Featuring exposed brick walls, a cozy wood-burning fireplace, and bamboo flooring on the main level. The updated kitchen is perfect for culinary enthusiasts, and the private entrance adds a touch of exclusivity. Enjoy the convenience of IN-UNIT LAUNDRY, one garage parking spot, and the charm of waterfront living, all while being steps away from Georgetown's vibrant shops, dining, and cultural attractions. Don’t miss this incredible opportunity—schedule your showing today!
  • Repair Deductible: 100.00
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked
  • Flooring Type: Bamboo, Carpet
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Brick, 9'+ Ceilings, High
  • Foundation Details: Other
  • Floors In Unit Count: 2
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Upper Floor
  • Total Sq Ft: 886
  • Living Area Sq Ft: 886
  • Price Per Sq Ft: 4.97
  • Above Grade Finished Sq Ft: 886
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1039

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

Garage/Parking

  • Garage Spaces: 1.00
  • Assigned Spaces Count: 1
  • Garage: Yes
  • Parking Features: Assigned
  • Garage Features: Underground
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 1

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: All Ground Fee, Common Area Maintenance, Trash, Water, Sewer, Snow Removal, Pool(s)
  • HOA: No
  • Senior Community: No
  • Community Pool Features: In Ground

Schools

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

Lot Info

  • Horses: No
  • Lot Size Acres: 0.01
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 435.60
  • Outdoor Living Structures: Balcony
  • Zoning: RE
  • In City Limits: Yes

Tax Info

  • Assessor Parcel Number: 1187//2036
  • Tax Data Updated: No
  • Close Date: 01/17/2025

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2024
Closed on
Nov 15, 2024
Sold by
Lo Yu-Cheng
Bought by
Ibiuna Llc
Seller's Agent
Aret Koseian
Artifact Homes
Buyer's Agent
Aret Koseian
Artifact Homes
List Price
$785,000
Sold Price
$785,000
Current Estimated Value
$832,613

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,613
Avg. Annual Appreciation
7.74%

Purchase Details

Listed on
May 27, 2022
Closed on
Aug 24, 2022
Sold by
Chamorro Andrea M
Bought by
Lo Yu-Cheng
Seller's Agent
Eric Hernandez
Pearson Smith Realty, LLC
Buyer's Agent
Aret Koseian
Artifact Homes
List Price
$750,000
Sold Price
$712,500
Premium/Discount to List
-$37,500
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.44%
Original Mortgage
$498,700
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 7, 2016
Closed on
Oct 14, 2016
Sold by
Desai Shamik
Bought by
Chamorro Andrea M and Martinez Rene Jose Chamorro
Seller's Agent
Michael Brennan
Compass
Buyer's Agent
Eric Hernandez
Pearson Smith Realty, LLC
List Price
$675,000
Sold Price
$650,000
Premium/Discount to List
-$25,000
-3.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.58%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ibiuna Llc $785,000 Pinnacle Title
Ibiuna Llc $785,000 Pinnacle Title
Lo Yu-Cheng $712,500 Pinnacle Title
Chamorro Andrea M $650,000 Unisersal Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lo Yu-Cheng $498,700
Previous Owner Chamorro Andrew M $150,000
Previous Owner Desai Shamik $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2025 01/17/25 Rented $4,400 0.0% --
01/10/2025 01/10/25 Under Contract -- -- --
12/11/2024 12/11/24 For Rent $4,400 0.0% --
11/15/2024 11/15/24 Sold $785,000 0.0% $886 / Sq Ft
11/15/2024 11/15/24 For Sale $785,000 +10.2% $886 / Sq Ft
10/14/2024 10/14/24 Pending -- -- --
08/24/2022 08/24/22 Sold $712,500 -1.7% $804 / Sq Ft
07/06/2022 07/06/22 Pending -- -- --
06/08/2022 06/08/22 Price Changed $725,000 -3.3% $818 / Sq Ft
05/27/2022 05/27/22 For Sale $750,000 +15.4% $847 / Sq Ft
10/14/2016 10/14/16 Sold $650,000 -2.3% $734 / Sq Ft
09/23/2016 09/23/16 Pending -- -- --
09/22/2016 09/22/16 Price Changed $665,000 -1.5% $751 / Sq Ft
09/07/2016 09/07/16 For Sale $675,000 0.0% $762 / Sq Ft
07/15/2013 07/15/13 Rented $3,300 -5.7% --
06/15/2013 06/15/13 Under Contract -- -- --
06/04/2013 06/04/13 For Rent $3,500 -- --
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 $5,667 $681,870 $204,560 $477,310
2023 $5,521 $664,280 $199,280 $465,000
2022 $5,579 $670,110 $201,030 $469,080
2021 $5,620 $674,410 $202,320 $472,090
2020 $5,619 $661,090 $198,330 $462,760
2019 $5,266 $619,510 $185,850 $433,660
2018 $5,113 $601,520 $0 $0
2017 $4,975 $585,350 $0 $0
2016 $4,727 $556,140 $0 $0
2015 $4,575 $538,190 $0 $0
2014 $4,493 $528,560 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC2169618

Bright MLS

APN: 1187-2036