$1,400,000
SOLD DEC 30, 2021

1045 31st St NW Unit 506 Washington, DC 20007

Georgetown Neighborhood
1 Bed
1.5 Baths
2,111 Sq Ft
$1,666/mo HOA Fee

Recently Sold

$663 Per Sq Ft

7% Below List Price

175 Days on Market

Highlights

  • Fitness Center
  • Penthouse
  • Eat-In Gourmet Kitchen
  • Hyde Addison Elementary School Rated A
  • Spa
  • 3-minute walk to Rock Creek Park South

About This Home

As of May 2024

New Price! Seller's extensive and imaginative renovation results in this one-of-a-kind luxury property. Contemporary architecture. Prominently positioned above Georgetown offering rare views overlooking the Potomac River and C&O canal from the home’s private terrace, Penthouse #506 has been curated for the most discerning tastes. This exquisite property offers over 2,100 square feet of living space designed for sophisticated living and grand entertaining. Designed by Schlesinger Associate Architects this Penthouse won the American Institute of Architects Award of Excellence. The foyer introduces the residence and centers on stairs composed of a series of marble slabs that are as much sculpture as they are circulation. A frameless skylight reduces the barrier between exterior and interior. The Main Level space features an open floor plan including kitchen, living and dining areas all bathed with light in a timeless environment. At night, a Lutron lighting system complements the light coming from the bio-ethanol fireplace. The custom built in Germany Bulthaup Kitchen is equipped with top of the line Miele, Gaggenau and sub-zero appliances. The second level includes a large second Living Area/Study, spacious Bedroom and access the home’s large private terrace with wonderful views across Georgetown. The penthouse conveys with two secure garage parking spots and a storage room. The Wadsworth House includes an exercise room, sauna and the only private squash court in DC. A must see home!

Last Agent to Sell the Property

James Gregory

(240) 447-7701 jgregorydc@gmail.com Washington Fine Properties, LLC License #637670 Listed on: 06/14/2021

Washington Fine Properties, LLC

Co-Listed By

Delia McCormick

(301) 977-7273 delia.mccormick@wfp.com Washington Fine Properties, LLC License #510027

Last Buyer's Agent

Areej Kuraishi

(202) 999-0163 areej@onestreet.one Samson Properties

Samson Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,578

Year Built

  • Built in 1980

HOA Fees

  • $1,666 Monthly HOA Fees

Parking

  • 2 Assigned Parking Garage Spaces
  • Basement Garage
  • Oversized Parking
  • Rear-Facing Garage
  • Garage Door Opener
  • Parking Space Conveys
  • Secure Parking

Property Views

  • River
  • City
  • Canal

Home Design

  • Penthouse
  • Contemporary Architecture
  • Entry on the 5th floor
  • Brick Exterior Construction

Interior Spaces

  • 2,111 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Recessed Lighting
  • 2 Fireplaces
  • Gas Fireplace
  • Atrium Windows
  • Sliding Doors
  • Formal Dining Room
  • Stone Flooring
  • Alarm System

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook
  • Built-In Oven
  • Stove
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Washer

Outdoor Features

  • Spa
  • Balcony
  • Deck
  • Terrace
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • Property is in excellent condition

Listing and Financial Details

  • Tax Lot 2032
  • Assessor Parcel Number 1190//2032

Community Details

Overview

  • Association fees include alarm system, common area maintenance, custodial services maintenance, insurance, recreation facility, reserve funds, sewer, snow removal, trash, water, management, lawn maintenance, sauna
  • Mid-Rise Condominium
  • Georgetown Community
  • Georgetown Subdivision

Amenities

  • Common Area
  • Community Storage Space

Recreation

  • Racquetball
  • Fitness Center

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,578

Year Built

Built in 1980

Lot Details

0

HOA Fees

$1,666 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Contemporary
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1980
  • Automatically Close On Close Date: No
  • Remarks Public: New Price! Seller's extensive and imaginative renovation results in this one-of-a-kind luxury property. Contemporary architecture. Prominently positioned above Georgetown offering rare views overlooking the Potomac River and C&O canal from the home’s private terrace, Penthouse #506 has been curated for the most discerning tastes. This exquisite property offers over 2,100 square feet of living space designed for sophisticated living and grand entertaining. Designed by Schlesinger Associate Architects this Penthouse won the American Institute of Architects Award of Excellence. The foyer introduces the residence and centers on stairs composed of a series of marble slabs that are as much sculpture as they are circulation. A frameless skylight reduces the barrier between exterior and interior. The Main Level space features an open floor plan including kitchen, living and dining areas all bathed with light in a timeless environment. At night, a Lutron lighting system complements the light coming from the bio-ethanol fireplace. The custom built in Germany Bulthaup Kitchen is equipped with top of the line Miele, Gaggenau and sub-zero appliances. The second level includes a large second Living Area/Study, spacious Bedroom and access the home’s large private terrace with wonderful views across Georgetown. The penthouse conveys with two secure garage parking spots and a storage room. The Wadsworth House includes an exercise room, sauna and the only private squash court in DC. A must see home!
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Exhaust Fan, Icemaker, Microwave, Oven - Wall, Range Hood, Refrigerator, Stove, Washer
  • Entry Floor: 5
  • Flooring Type: Stone
  • Interior Amenities: Breakfast Area, Dining Area, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Island, Recessed Lighting, Walk-In Closet(s)
  • Window Features: Atrium
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Door Features: Sliding Glass
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 2111
  • Living Area Sq Ft: 2111
  • Price Per Sq Ft: 710.09
  • Above Grade Finished Sq Ft: 2111
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1045

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • Construction Materials: Brick
  • Exterior Features: Exterior Lighting, Sidewalks, Street Lights
  • Spa: Yes
  • View: City, Canal, River, Water
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned, Parking Space Conveys, Private, Secure Parking
  • Garage Features: Garage - Rear Entry, Garage Door Opener, Oversized, Basement Garage
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Main Entrance Lock, Electric Alarm
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1666.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Exercise Room, Extra Storage, Fitness Center, Racquet Ball
  • HOA Condo Co-Op Fee Includes: Alarm System, Common Area Maintenance, Custodial Services Maintenance, Insurance, Recreation Facility, Reserve Funds, Sewer, Snow Removal, Trash, Water, Management, Lawn Maintenance, Sauna
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Outdoor Living Structures: Balcony, Deck(s), Terrace
  • Property Condition: Excellent
  • Soil Types: Urban Land Not Rated
  • Year Assessed: 2021
  • Zoning: CONDO
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 7578.00
  • Assessor Parcel Number: 1190//2032
  • Tax Lot: 2032
  • Tax Total Finished Sq Ft: 2111
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 12/30/2021

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 27, 2024
Sold by
Gezen Firat
Bought by
Firat Gezen Revocable Trust and Gezen
Current Estimated Value
$1,499,731

Purchase Details

Listed on
Feb 16, 2024
Closed on
May 8, 2024
Sold by
Kuczynski Irving and Kennedy Eileen
Bought by
Gezen Firat
Seller's Agent
Rima Tannous
Long & Foster Real Estate, Inc.
Buyer's Agent
Layla Tannous
Long & Foster Real Estate, Inc.
List Price
$1,550,000
Sold Price
$1,430,000
Premium/Discount to List
-$120,000
-7.74%
Views
178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.56%

Purchase Details

Listed on
Jun 14, 2021
Closed on
Dec 30, 2021
Sold by
Lassus Bruno
Bought by
Kuczynski Irving and Kennedy Eileen T
Seller's Agent
James Gregory
Washington Fine Properties, LLC
Buyer's Agent
Areej Kuraishi
Samson Properties
List Price
$1,499,000
Sold Price
$1,400,000
Premium/Discount to List
-$99,000
-6.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.90%
Original Mortgage
$822,375
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 2005
Sold by
Sohier William D
Bought by
Lassus Bruno

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 1999
Sold by
Schneider Donald D
Bought by
Sohier William D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
7.04%
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 Type Sale Price Title Company
Deed -- None Listed On Document
Deed $1,430,000 First American Title Insurance
Special Warranty Deed $1,400,000 Pinnacle Title & Escrow Inc
Warranty Deed $1,015,000 --
Deed $436,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $822,375 New Conventional
Previous Owner $250,000 New Conventional
Previous Owner $316,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2024 05/10/24 Sold $1,430,000 -4.3% $677 / Sq Ft
03/23/2024 03/23/24 Price Changed $1,495,000 -3.5% $708 / Sq Ft
02/16/2024 02/16/24 For Sale $1,550,000 +10.7% $734 / Sq Ft
12/30/2021 12/30/21 Sold $1,400,000 -6.6% $663 / Sq Ft
11/23/2021 11/23/21 For Sale $1,499,000 +7.1% $710 / Sq Ft
11/21/2021 11/21/21 Off Market $1,400,000 -- --
10/25/2021 10/25/21 Price Changed $1,499,000 -6.3% $710 / Sq Ft
07/27/2021 07/27/21 Price Changed $1,599,000 -5.7% $757 / Sq Ft
06/14/2021 06/14/21 For Sale $1,695,000 -- $803 / 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 $11,043 $1,314,360 $394,310 $920,050
2023 $10,370 $1,234,680 $370,400 $864,280
2022 $8,171 $1,014,390 $304,320 $710,070
2021 $7,579 $981,280 $294,380 $686,900
2020 $8,150 $1,034,480 $310,340 $724,140
2019 $8,480 $1,072,530 $321,760 $750,770
2018 $8,082 $1,024,120 $0 $0
2017 $7,874 $998,820 $0 $0
2016 $7,855 $995,840 $0 $0
2015 $7,435 $946,100 $0 $0
2014 $7,168 $913,510 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC525404

Bright MLS

APN: 1190-2032