Seller's Agent in 2022
David Park
TTR Sotheby's International Realty
(646) 644-2564
1 in this area
113 Total Sales
1055 Paper Mill Ct NW Unit 1055 Washington, DC 20007
Georgetown NeighborhoodEstimated Value: $754,000 - $908,000
2
Beds
1.5
Baths
886
Sq Ft
$916/Sq Ft
Est. Value
Highlights
- River View
- Open Floorplan
- Community Pool
- Hyde Addison Elementary School Rated A
- Contemporary Architecture
- 3-minute walk to Rock Creek Park South
About This Home
As of August 2022A rarely available townhouse-style condominium at the Papermill offers an office addition and a glimpse of the Potomac River from the Main Bedroom. 2 bedrooms, 1 full bath, and 1 half bath. Additional features include stainless steel kitchen appliances, recessed lighting, with an updated electric fireplace. A reserved garage parking space directly accessible from the kitchen completes the offering. Nest climate control and smartphone-controlled front door access/security system. With an on-site pool and security guard, the Papermill is a pet-friendly association with low fees and no history of assessments.
This condo is about half a block to the Potomac River and has stunning views of the river and Rosslyn. Stroll down to the waterfront or up to M Street to find award-winning restaurants and national brand shops as well as regional boutiques. For active and nature lovers, the canal, trails, kayaking, and paddle boarding are a few steps away from the front door. The location is second to none. Nestled between M Street and the Georgetown Waterfront Park. Just steps to the Georgetown waterfront, Georgetown Harbor, and all the shopping and restaurants in Georgetown.
Last Agent to Sell the Property
(646) 644-2564 dpark@ttrsir.com TTR Sotheby's International Realty Listed on: 06/02/2022
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $5,619
Year Built
- Built in 1980
Lot Details
- Downtown Location
- South Facing Home
- Property is in excellent condition
HOA Fees
- $550 Monthly HOA Fees
Parking
- 1 Car Direct Access Garage
- Basement Garage
- Garage Door Opener
- Parking Space Conveys
Home Design
- Contemporary Architecture
- Entry on the 1st floor
- Brick Exterior Construction
- Concrete Perimeter Foundation
Interior Spaces
- 886 Sq Ft Home
- Property has 2 Levels
- Open Floorplan
- Electric Fireplace
- Combination Dining and Living Room
- River Views
- Laundry on lower level
Bedrooms and Bathrooms
- 2 Bedrooms
Utilities
- Heat Pump System
- Electric Water Heater
Listing and Financial Details
- Tax Lot 2044
- Assessor Parcel Number 1187//2044
Community Details
Overview
- Association fees include common area maintenance, exterior building maintenance, management, insurance, reserve funds, sewer, snow removal, trash
- The Papermill Community
- Georgetown Subdivision
Recreation
- Community Pool
Additional Features
- Common Area
- Security Service
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 2, 2022
Closed on
Aug 26, 2022
Sold by
Tao Li Sheng and Trill Katherine
Bought by
Gordon Kendall Caughron Lef and Gallagher Ryan Joseph
Seller's Agent
David Park
TTR Sotheby's International Realty
Buyer's Agent
Matt Gloger
Compass
List Price
$760,000
Sold Price
$715,000
Premium/Discount to List
-$45,000
-5.92%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,985
Avg. Annual Appreciation
3.95%
Original Mortgage
$679,250
Outstanding Balance
$648,518
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$163,467
Purchase Details
Listed on
Apr 5, 2017
Closed on
Jun 30, 2017
Sold by
Mccartney James D
Bought by
Li Sheng Tao and Li Katherine Thill
Seller's Agent
Michael Brennan
Compass
Buyer's Agent
David Park
TTR Sotheby's International Realty
List Price
$649,000
Sold Price
$640,000
Premium/Discount to List
-$9,000
-1.39%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.18%
Original Mortgage
$608,000
Interest Rate
3.95%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gordon Kendall Caughron Lef | $715,000 | None Listed On Document | |
| Li Sheng Tao | $640,000 | Masters Title & Escrow |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gordon Kendall Caughron Lef | $679,250 | |
| Previous Owner | Li Sheng Tao | $608,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/25/2022 08/25/22 | Sold | $715,000 | -4.7% | $807 / Sq Ft | |
| 07/29/2022 07/29/22 | Pending | -- | -- | -- | |
| 06/24/2022 06/24/22 | Price Changed | $750,000 | -1.3% | $847 / Sq Ft | |
| 06/02/2022 06/02/22 | For Sale | $760,000 | +18.8% | $858 / Sq Ft | |
| 07/03/2017 07/03/17 | Sold | $640,000 | -1.4% | $722 / Sq Ft | View Prior Sale |
| 06/01/2017 06/01/17 | Pending | -- | -- | -- | |
| 04/05/2017 04/05/17 | For Sale | $649,000 | -- | $733 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $5,002 | $693,970 | $208,190 | $485,780 |
| 2024 | $4,927 | $681,870 | $204,560 | $477,310 |
| 2023 | $4,807 | $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
-
David Park
-
Hannah Rogers
Seller Co-Listing Agent in 2022
Hannah Rogers
Century 21 Redwood Realty
(717) 372-7226
1 in this area
16 Total Sales
-
Matt Gloger
M
Buyer's Agent in 2022
Matt Gloger
Compass
(301) 351-8002
1 in this area
2 Total Sales
-
Michael Brennan
Seller's Agent in 2017
Michael Brennan
Compass
(202) 330-7808
66 in this area
141 Total Sales
Map
Source: Bright MLS
MLS Number: DCDC2052576
APN: 1187-2044
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