NOT LISTED FOR SALE

1045 Paper Mill Ct NW Unit 1045 Washington, DC 20007

Georgetown Neighborhood

Estimated Value: $732,000 - $960,000

2 Beds
1 Bath
950 Sq Ft
$863/Sq Ft Est. Value

Last Sold March 16, 2021

Last sale price $700,000 $737 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $5,306/month

28 Days on Market

Highlights

  • Gourmet Kitchen
  • Traditional Floor Plan
  • 1 Fireplace
  • Hyde Addison Elementary School Rated A
  • Traditional Architecture
  • 3-minute walk to Rock Creek Park South

About This Home

As of March 2021

Georgetown Investment with Tenant in place! Perfectly positioned 2 bedroom, 1.5 bath townhouse style condo in Paper Mill Condominium. Perfect mix of location and space for new investors. This home is positioned within the community for easy access to Georgetown and The Waterfront. Inside the home, main level features exposed brick with wood burning fireplace. A large dining room, in unit washer and dryer. The kitchen is perfectly appointed with Stainless Steel appliances, granite countertops and a skylight. Plenty of storage or a multi purpose room off of the kitchen. Upstairs has two rooms on opposites sides of the floor and a spacious shared bathroom. Paper Mill is an excellent community with manicured grounds and a community pool. The community is designed for peace and tranquility but only a few minutes in either direction to fine dining, excellent coffee shops, the Waterfront and the treasures of Georgetown. Leave your car in the 1 garage parking spot. Reasonable, stable condo fee covers water, sewer, trash, plus community amenities. Currently leased through July at $3,300 with excellent tenant interested in staying until December 2021.

Last Agent to Sell the Property

Robert Wittman

(703) 952-7520 rob@13brokers.com Redfin Corporation License #681060 Listed on: 01/29/2021

Redfin Corporation

Last Buyer's Agent

Andres Serafini

(240) 418-8899 andres@twgrealtors.com Realty of America LLC License #SP98374775

Realty of America LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,229

Year Built

  • Built in 1900

Lot Details

  • South Facing Home
  • Property is Fully Fenced
  • Privacy Fence
  • Property is in excellent condition

HOA Fees

  • $550 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Oversized Parking
  • Private Parking
  • On-Street Parking
  • Off-Site Parking
  • Parking Space Conveys

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 950 Sq Ft Home
  • Property has 2 Levels
  • Traditional Floor Plan
  • Brick Wall or Ceiling
  • Ceiling height of 9 feet or more
  • Skylights
  • 1 Fireplace
  • Dining Area
  • Laundry in unit

Kitchen

  • Gourmet Kitchen
  • Electric Oven or Range
  • Range Hood
  • Stainless Steel Appliances
  • Upgraded Countertops

Bedrooms and Bathrooms

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

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater
  • Phone Available

Additional Features

  • Level Entry For Accessibility
  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 2039
  • Assessor Parcel Number 1187//2039

Community Details

Overview

  • Association fees include exterior building maintenance, pool(s), reserve funds, snow removal, sewer, trash, water
  • Paper Mill Condominium Condos, Phone Number (800) 988-4640
  • Paper Mill Condominium Community
  • Georgetown Subdivision

Amenities

  • Common Area

Recreation

  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,229

Year Built

Built in 1900

Lot Details

0

HOA Fees

$550 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Accessibility Features: Level Entry - Main
  • Ownership: Condominium
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2021-02-03
  • Federal Flood Zone: No
  • Year Built: 1900
  • Assigned Parking Space Numbers: 227
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Range Hood, Refrigerator, Oven/Range - Electric, Stainless Steel Appliances
  • Interior Amenities: Dining Area, Floor Plan - Traditional, Kitchen - Gourmet, Pantry, Primary Bath(s), Skylight(s), Upgraded Countertops
  • Fireplaces Count: 1
  • Wall Ceiling Types: 9'+ Ceilings, Brick, Dry Wall
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Has Laundry, Dryer In Unit, Washer In Unit
  • Total Sq Ft: 950
  • Living Area Sq Ft: 950
  • Price Per Sq Ft: 736.74
  • Above Grade Finished Sq Ft: 950
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Exterior Lighting, Street Lights
  • Roof: Unknown
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned, Parking Space Conveys, Private
  • Garage Features: Covered Parking, Underground, Oversized
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Garage, Off Site, On Street
  • Parking Garage Number Of Spaces: 1

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
  • Utilities: Under Ground, Water Available, Sewer Available, Phone Available
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 550.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Paper Mill Condominium
  • Condo Co-Op Phone: 8009884640
  • HOA Condo Co-Op Amenities: Common Grounds, Pool - Outdoor, Reserved/Assigned Parking
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Pool(s), Reserve Funds, Snow Removal, Sewer, Trash, Water
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: Fenced, In Ground

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: HYDE-ADDISON
  • High School: JACKSON-REED
  • Middle Or Junior School: HARDY

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Fencing: Fully, Privacy
  • Improvement Assessed Value: 439100.00
  • Land Assessed Value: 188190.00
  • Property Condition: Excellent
  • Soil Types: Urban Land Not Rated
  • Zoning: MU-13
  • Zoning Description: The MU-13 zone is applied generally in the vicinity of the waterfront.
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Dogs Ok, Cats Ok
  • Pets Allowed: Yes
  • Total Actual Rent: 39600.00
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 16000378
  • Tax Annual Amount: 5229.00
  • Assessor Parcel Number: 1187//2039
  • Tax Lot: 2039
  • Tax Year: 2020

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2021
Closed on
Mar 16, 2021
Sold by
Mehan Brian William and Mehan Serafima Grosman
Bought by
Stone Rae Ann
Seller's Agent
Robert Wittman
Redfin Corporation
Buyer's Agent
Andres Serafini
Realty of America LLC
List Price
$699,900
Sold Price
$700,000
Premium/Discount to List
$100
0.01%
Current Estimated Value
$819,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,734
Avg. Annual Appreciation
3.39%

Purchase Details

Closed on
Apr 26, 2006
Sold by
Brown Christopher M
Bought by
Mehan Brian and Mehan Serafima

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,000
Interest Rate
6.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 1997
Sold by
Silich + Robert C
Bought by
Esposito Karen M D and Esposito Richard T D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,500
Interest Rate
8.08%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Stone Rae Ann $700,000 None Available
Mehan Brian $555,000 --
Esposito Karen M D $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mehan Brian $444,000
Previous Owner Esposito Karen M D $130,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/16/2021 03/16/21 Sold $700,000 0.0% $737 / Sq Ft
02/26/2021 02/26/21 Pending -- -- --
01/29/2021 01/29/21 For Sale $699,900 0.0% $737 / Sq Ft
08/01/2016 08/01/16 Rented $3,200 0.0% --
07/16/2016 07/16/16 Under Contract -- -- --
07/06/2016 07/06/16 For Rent $3,200 -3.0% --
10/01/2012 10/01/12 Rented $3,300 -5.7% --
10/01/2012 10/01/12 Under Contract -- -- --
09/07/2012 09/07/12 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
2025 $5,324 $641,960 $192,590 $449,370
2024 $5,258 $633,800 $190,140 $443,660
2023 $5,164 $622,290 $186,690 $435,600
2022 $5,174 $622,450 $186,730 $435,720
2021 $5,219 $627,290 $188,190 $439,100
2020 $5,229 $615,200 $184,560 $430,640
2019 $4,898 $576,200 $172,860 $403,340
2018 $4,756 $559,480 $0 $0
2017 $4,669 $549,290 $0 $0
2016 $4,433 $521,570 $0 $0
2015 $4,255 $500,560 $0 $0
2014 $4,269 $502,240 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Andres Serafini

    Buyer's Agent in 2021

    Andres Serafini

    Realty of America LLC

    (240) 418-8899

    3 in this area

    379 Total Sales

    Andres Serafini
    Section Image
  • Phil Leverrier

    Seller's Agent in 2016

    Phil Leverrier

    TTR Sotheby's International Realty

    (301) 661-3520

    33 Total Sales

    Phil Leverrier
    Section Image

  • S

    Seller's Agent in 2012

    Susannah Moss

    Crossman & Co. Real Estate LLC

See All Agents

Map

Source: Bright MLS

MLS Number: DCDC504446

Bright MLS

APN: 1187-2039

District of Columbia District of Columbia County Washington 20007 Georgetown

1045 Paper Mill Ct NW Unit 1045, Washington, DC

Not Listed for Sale

Townhouses

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bright MLS The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.

Nearby Homes