NOT LISTED FOR SALE

The Residences at The Ritz-Carlton 1111 23rd St NW Unit S2C Washington, DC 20037

West End Neighborhood

Estimated Value: $1,556,000 - $1,720,000

2 Beds
2.5 Baths
1,764 Sq Ft
$2,101/mo HOA Fee

Last Sold May 31, 2012

Last sale price $1,115,000 $632 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $11,723/month

251 Days on Market

Highlights

  • Concierge
  • 24-Hour Security
  • Wood Flooring
  • School Without Walls @ Francis-Stevens Rated A-
  • Open Floorplan
  • 4-minute walk to Duke Ellington Park

About This Home

As of May 2012

NEW PRICE- 8% adjustment from original price!Luxurious living at the Ritz Residences. This highly sought after floor plan includes a large LR, formal DR leading to balcony, top-of-the-line Kitch, 2BR's overlooking courtyard w/Master Suite leading to a large terrace & 2-car park. Enjoy the many services & amenities incl. concierge, doorman, valet parking, in-room Dining & more.

Last Agent to Sell the Property

Matt McCormick

(202) 365-5883 mmccormick@ttrsir.com TTR Sotheby's International Realty Listed on: 07/14/2011

TTR Sotheby's International Realty

Co-Listed By

Ben Roth

(202) 465-9636 ben.roth@wfp.com Washington Fine Properties, LLC

Washington Fine Properties, LLC

Last Buyer's Agent

Ben Roth

(202) 465-9636 ben.roth@wfp.com Washington Fine Properties, LLC

Washington Fine Properties, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,620

Year Built

  • Built in 2000

Lot Details

  • 261

HOA Fees

  • $2,101 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,764 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Dining Area
  • Wood Flooring
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom

Parking

  • Subterranean Parking
  • Unassigned Parking

Additional Features

  • Accessible Elevator Installed
  • Property is in very good condition
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 2334
  • Assessor Parcel Number 0051//2334

Community Details

Overview

  • Moving Fees Required
  • Association fees include gas, management, insurance, sewer, snow removal, trash, water
  • High-Rise Condominium
  • Residences At The Ritz Carlton Community
  • West End Subdivision
  • The community has rules related to moving in times, parking rules, renting, selling

Amenities

  • Concierge
  • Doorman
  • Common Area

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Front Desk in Lobby

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,620

Year Built

Built in 2000

Lot Details

0

HOA Fees

$2,101 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 2000
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Dining Area, Upgraded Countertops, Primary Bath(s), Wood Floors, Floor Plan - Open
  • Fireplace: No
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1764
  • Living Area Sq Ft: 1764
  • Price Per Sq Ft: 677.44
  • Above Grade Finished Sq Ft: 1764
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Garage, Unassigned
  • Garage Features: Underground

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Security: 24 Hour Security, Desk In Lobby, Doorman
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 2100.90
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Concierge, Elevator, Security
  • HOA Condo Co-Op Fee Includes: Gas, Management, Insurance, Sewer, Snow Removal, Trash, Water
  • HOA Condo Co-Op Rules: Moving Fees Required, Moving In Times, Parking, Pets - Allowed, Renting, Selling
  • HOA: No

Lot Info

  • Property Condition: Very Good
  • Soil Types: Urban Land Not Rated
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 8620.45
  • Assessor Parcel Number: 0051//2334
  • Tax Lot: 2334
  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2011
Closed on
May 31, 2012
Sold by
San Santiago Holdings Corp
Bought by
Feather James K
Seller's Agent
Matt McCormick
TTR Sotheby's International Realty
Buyer's Agent
Ben Roth
Washington Fine Properties, LLC
List Price
$1,230,000
Sold Price
$1,115,000
Premium/Discount to List
-$115,000
-9.35%
Current Estimated Value
$1,653,503

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$538,503
Avg. Annual Appreciation
2.83%
Original Mortgage
$625,000
Outstanding Balance
$433,031
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$1,194,423

Purchase Details

Closed on
Jul 14, 2008
Sold by
Ortiz Manuel
Bought by
San Santiago Holdings Corp

Purchase Details

Closed on
Mar 12, 2004
Sold by
2200 M Street Llc
Bought by
Ortiz Manuel A and Reynolds Carolina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
5.67%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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 Buyer Sale Price Title Company
Feather James K $1,115,000 --
San Santiago Holdings Corp $1,270,000 --
Ortiz Manuel A $1,000,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Feather James K $625,000
Previous Owner Ortiz Manuel A $750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2012 05/31/12 Sold $1,115,000 -6.7% $632 / Sq Ft
03/21/2012 03/21/12 Pending -- -- --
11/30/2011 11/30/11 Price Changed $1,195,000 -2.8% $677 / Sq Ft
07/14/2011 07/14/11 For Sale $1,230,000 -- $697 / 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
2025 $11,089 $1,438,700 $431,610 $1,007,090
2024 $10,094 $1,441,460 $432,440 $1,009,020
2023 $9,195 $1,180,460 $445,770 $734,690
2022 $9,248 $1,180,460 $445,770 $734,690
2021 $9,272 $1,180,460 $354,140 $826,320
2020 $9,390 $1,180,460 $354,140 $826,320
2019 $9,398 $1,180,460 $354,140 $826,320
2018 $9,410 $1,180,460 $0 $0
2017 $9,126 $1,146,080 $0 $0
2016 $8,668 $1,091,500 $0 $0
2015 $8,229 $1,039,520 $0 $0
2014 -- $1,014,170 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Matt McCormick

    Seller's Agent in 2012

    Matt McCormick

    TTR Sotheby's International Realty

    (202) 365-5883

    24 in this area

    54 Total Sales

    Matt McCormick
    Section Image
  • Ben Roth

    Seller Co-Listing Agent in 2012

    Ben Roth

    Washington Fine Properties, LLC

    (202) 465-9636

    18 in this area

    192 Total Sales

    Ben Roth
    Section Image
See All Agents

About The Residences at The Ritz-Carlton

Map

Source: Bright MLS

MLS Number: 1004514418

Bright MLS

APN: 0051-2334

District of Columbia District of Columbia County Washington 20037 West End

1111 23rd St NW Unit S2C, Washington, DC

Not Listed for Sale

Condos

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