NOT LISTED FOR SALE

1054 Paper Mill Ct NW Unit 1054 Washington, DC 20007

Georgetown Neighborhood

Estimated Value: $820,000 - $851,000

2 Beds
1.5 Baths
886 Sq Ft
$945/Sq Ft Est. Value

Last Sold December 21, 2021

Last sale price $679,000 $766 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $4,876/month

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Community Pool
  • Hyde Addison Elementary School Rated A
  • 1 Fireplace
  • 5-minute walk to Francis Scott Key Park

About This Home

As of June 2023

Lovely updated and sun-splashed townhome located in the heart of Georgetown!! This 2 bedroom 1.5 bath townhome features an updated kitchen with granite counters, stainless appliances, breakfast bar, and slide-out pantry. The combined living room/ dining room area has wood floors and a fireplace. A lovely balcony is off the living room. The powder room is completely renovated. The second floor features a full bath that was completely renovated, a main bedroom with views of the Potomac River, a second bedroom, and a laundry closet with a washer and dryer. 1 private assigned parking space conveys with the unit. The Papermill Condominium has a private outdoor pool that can be used for owners/renters in the summer months. The Papermill Condominium is very well located off of M Street / K Street in Georgetown.

Last Agent to Rent the Property

Christine Brooks Terrell

(202) 365-9326 christine.terrell@wfp.com Washington Fine Properties, LLC Listed on: 06/09/2023

Washington Fine Properties, LLC

Last Renter's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,221

Year Built

  • Built in 1980

Lot Details

  • 1,000 Sq Ft Lot
  • Property is in excellent condition

Parking

  • 1 Car Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 886 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Recessed Lighting
  • 1 Fireplace
  • Combination Dining and Living Room

Kitchen

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

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Level Entry For Accessibility
  • Balcony

Listing and Financial Details

  • Residential Lease
  • Security Deposit $3,600
  • 12-Month Min and 36-Month Max Lease Term
  • Available 6/15/23
  • Assessor Parcel Number 1187//2075

Community Details

Overview

  • Paper Mill Condominium Community
  • Georgetown Subdivision

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed
  • Pet Deposit $150

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,221

Year Built

Built in 1980

Lot Details

0

Parking

1

Rental Info

  • Date Available: 2023-06-15
  • Pet Deposit: 150.00
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Security Deposit: 3600.00
  • Vacation Rental: No
  • Max Lease in Months: 36
  • Min Lease in Months: 12
  • Rent Spree Online Application: No

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Accessibility Features: Level Entry - Main
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2023-06-09
  • Year Built: 1980
  • Remarks Public: Lovely updated and sun-splashed townhome located in the heart of Georgetown!! This 2 bedroom 1.5 bath townhome features an updated kitchen with granite counters, stainless appliances, breakfast bar, and slide-out pantry. The combined living room/ dining room area has wood floors and a fireplace. A lovely balcony is off the living room. The powder room is completely renovated. The second floor features a full bath that was completely renovated, a main bedroom with views of the Potomac River, a second bedroom, and a laundry closet with a washer and dryer. 1 private assigned parking space conveys with the unit. The Papermill Condominium has a private outdoor pool that can be used for owners/renters in the summer months. The Papermill Condominium is very well located off of M Street / K Street in Georgetown.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Washer, Dryer, Oven/Range - Electric, Refrigerator, Built-In Microwave, Dishwasher
  • Flooring Type: Hardwood, Carpet
  • Interior Amenities: Carpet, Ceiling Fan(s), Combination Dining/Living, Recessed Lighting
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Other
  • Levels Count: 2
  • Room List: Bathroom 1
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 886
  • Living Area Sq Ft: 886
  • Price Per Sq Ft: 4.06
  • Above Grade Finished Sq Ft: 886
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1054

Beds/Baths

  • Bedrooms: 2
  • 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
  • Construction Materials: Brick
  • Roof: Unknown
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

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

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
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • Elementary School: HYDE-ADDISON
  • Middle School: HARDY
  • High School: JACKSON-REED
  • Elementary 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

  • Lot Size Acres: 0.02
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1000.00
  • Outdoor Living Structures: Balcony
  • Property Condition: Excellent
  • Zoning: RESIDENTIAL

Tax Info

  • Assessor Parcel Number: 1187//2075
  • Close Date: 06/14/2023

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2021
Closed on
Dec 16, 2021
Sold by
Seyranyan Rafayel and Seyranyan Lucia Ann
Bought by
Williams Kimberly
Seller's Agent
Barry Lieberman
BCL Properties LLC
Buyer's Agent
Christine Brooks Terrell
Washington Fine Properties, LLC
List Price
$749,000
Sold Price
$679,000
Premium/Discount to List
-$70,000
-9.35%
Current Estimated Value
$837,583

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,583
Avg. Annual Appreciation
5.69%
Original Mortgage
$645,050
Outstanding Balance
$593,356
Interest Rate
3.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$244,227

Purchase Details

Closed on
Aug 10, 2017
Sold by
Magarian Lucia Ann
Bought by
Seyranyan Lucia Ann and Seyranyan Rafayel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2002
Sold by
Keuroglian Robert A
Bought by
Magarian Lucia Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.81%
Source: Public Records

Range of Values:

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Average Value
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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
Williams Kimberly $679,000 Paragon Title & Escrow Co
Seyranyan Lucia Ann -- None Available
Magarian Lucia Ann $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Kimberly $645,050
Previous Owner Seyranyan Lucia Ann $385,000
Previous Owner Magarian Lucia Ann $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2023 06/14/23 Rented $3,700 +2.8% --
06/09/2023 06/09/23 For Rent $3,600 0.0% --
05/31/2022 05/31/22 Rented $3,600 +2.9% --
05/26/2022 05/26/22 Under Contract -- -- --
05/15/2022 05/15/22 For Rent $3,500 0.0% --
12/21/2021 12/21/21 Sold $679,000 -6.9% $766 / Sq Ft
11/19/2021 11/19/21 Pending -- -- --
11/15/2021 11/15/21 Price Changed $729,000 -2.7% $823 / Sq Ft
10/12/2021 10/12/21 For Sale $749,000 0.0% $845 / Sq Ft
07/24/2020 07/24/20 Rented $3,650 0.0% --
07/19/2020 07/19/20 Under Contract -- -- --
06/22/2020 06/22/20 For Rent $3,650 +5.8% --
08/16/2019 08/16/19 Rented $3,450 0.0% --
08/12/2019 08/12/19 Under Contract -- -- --
08/05/2019 08/05/19 For Rent $3,450 +11.3% --
01/12/2018 01/12/18 Rented $3,100 -13.9% --
01/11/2018 01/11/18 Under Contract -- -- --
11/03/2017 11/03/17 For Rent $3,600 -- --
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 $5,221 $629,420 $188,830 $440,590
2023 $5,132 $618,460 $185,540 $432,920
2022 $4,793 $577,680 $173,300 $404,380
2021 $4,829 $581,390 $174,420 $406,970
2020 $4,844 $569,910 $170,970 $398,940
2019 $4,501 $529,490 $158,850 $370,640
2018 $4,370 $514,120 $0 $0
2017 $4,289 $504,610 $0 $0
2016 $4,075 $479,430 $0 $0
2015 $3,910 $460,000 $0 $0
2014 $3,941 $463,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC2098878

Bright MLS

APN: 1187-2075