NOT LISTED FOR SALE

Estimated Value: $578,000 - $731,000

2 Beds
2 Baths
1,028 Sq Ft
218 Sq Ft Lot

Last Sold April 20, 2022

Last sale price $540,000 $525 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,874/month

72 Days on Market

Highlights

  • Concierge
  • City View
  • Meeting Room
  • School Without Walls @ Francis-Stevens Rated A-
  • Contemporary Architecture
  • Balcony

About This Home

As of April 2022

Amazing Location! Large two-bedroom unit with two full bathrooms at the Gibson, located in desirable West End / Foggy Bottom. New carpet through-out! Inviting sun-filled living room with a wall of windows and access to balcony. Sizeable kitchen with ample cabinetry. Primary bedroom with a walk-in closet, vanity area and a private bathroom. Second bedroom with built in shelving. Both bedrooms have access to the balcony. The apartment overlooks 23rd Street and the Residences at the Ritz. Access the private balcony from the living room and both bedrooms. A new heat pump was installed in late 2021 ($10,000 value) and the washer and dryer are less than 1 year old. The Gibson Condo is located one and a half blocks to Foggy Bottom Metro and GW University and Hospital. Just a short distance to the Dupont Metro stop and Georgetown shops and restaurants. Close to the World Bank, IMF, IADB, and the Kennedy Center. Walkscore 98 out of 100 - "a walker's paradise"!

Last Agent to Sell the Property

Ron Sitrin

Long & Foster Real Estate, Inc. Listed on: 01/07/2022

Long & Foster Real Estate, Inc.

Co-Listed By

OYINGTARE YOUDEOWEI

Long & Foster Real Estate, Inc. License #573143

Last Buyer's Agent

Cindy Horta Rodriguez

RLAH @properties License #0225258104

RLAH @properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,806

Year Built

  • Built in 1981

Lot Details

  • 218

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,028 Sq Ft Home
  • Property has 1 Level
  • City Views

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Utilities

  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • Property is in very good condition

Listing and Financial Details

  • Tax Lot 2028
  • Assessor Parcel Number 0037//2028

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include sewer, trash, water, reserve funds
  • Mid-Rise Condominium
  • Central Community
  • Foggy Bottom Subdivision

Amenities

  • Concierge
  • Common Area
  • Meeting Room
  • Party Room

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,806

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Contemporary
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1981
  • Automatically Close On Close Date: No
  • Remarks Public: Amazing Location! Large two-bedroom unit with two full bathrooms at the Gibson, located in desirable West End / Foggy Bottom. New carpet through-out! Inviting sun-filled living room with a wall of windows and access to balcony. Sizeable kitchen with ample cabinetry. Primary bedroom with a walk-in closet, vanity area and a private bathroom. Second bedroom with built in shelving. Both bedrooms have access to the balcony. The apartment overlooks 23rd Street and the Residences at the Ritz. Access the private balcony from the living room and both bedrooms. A new heat pump was installed in late 2021 ($10,000 value) and the washer and dryer are less than 1 year old. The Gibson Condo is located one and a half blocks to Foggy Bottom Metro and GW University and Hospital. Just a short distance to the Dupont Metro stop and Georgetown shops and restaurants. Close to the World Bank, IMF, IADB, and the Kennedy Center. Walkscore 98 out of 100 - "a walker's paradise"!
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 4
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1028
  • Living Area Sq Ft: 1028
  • Price Per Sq Ft: 534.92
  • Above Grade Finished Sq Ft: 1028
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1140

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

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

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1031.09
  • Condo Co-Op Fee Frequency: Unknown
  • HOA Condo Co-Op Amenities: Concierge, Common Grounds, Elevator, Meeting Room, Party Room
  • HOA Condo Co-Op Fee Includes: Sewer, Trash, Water, Reserve Funds
  • 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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 413810.00
  • Land Assessed Value: 177340.00
  • Outdoor Living Structures: Balcony
  • Property Condition: Very Good
  • Soil Types: Urban Land Not Rated
  • Year Assessed: 2021
  • Zoning: R
  • In City Limits: Yes

Rental Info

  • Pets Allowed: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16109685
  • Tax Annual Amount: 4806.00
  • Assessor Parcel Number: 0037//2028
  • Tax Lot: 2028
  • Tax Total Finished Sq Ft: 1028
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 04/20/2022

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2022
Closed on
Apr 19, 2022
Sold by
Justin Zacharia
Bought by
Renteria Alejandro and Miller-Tolbert Kimberly Ryan
Seller's Agent
Ron Sitrin
Long & Foster Real Estate, Inc.
Buyer's Agent
Cindy Horta Rodriguez
RLAH @properties
List Price
$569,000
Sold Price
$540,000
Premium/Discount to List
-$29,000
-5.1%
Current Estimated Value
$649,296

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,296
Avg. Annual Appreciation
5.63%
Original Mortgage
$486,000
Outstanding Balance
$459,407
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$190,129

Purchase Details

Closed on
Oct 2, 2003
Sold by
Nguyen Thi Kim Loi Combs
Bought by
Zacharia Justin
Source: Public Records

Range of Values:

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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
Renteria Alejandro $540,000 First American Title
Zacharia Justin $355,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Renteria Alejandro $486,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2022 04/20/22 Sold $540,000 -1.8% $525 / Sq Ft
02/18/2022 02/18/22 Price Changed $549,900 -3.4% $535 / Sq Ft
01/07/2022 01/07/22 For Sale $569,000 0.0% $554 / Sq Ft
07/02/2020 07/02/20 Rented $3,300 0.0% --
06/30/2020 06/30/20 Under Contract -- -- --
06/20/2020 06/20/20 For Rent $3,300 +15.8% --
07/15/2016 07/15/16 Rented $2,850 0.0% --
07/15/2016 07/15/16 Under Contract -- -- --
05/17/2016 05/17/16 For Rent $2,850 -- --
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 $4,117 $586,550 $175,960 $410,590
2023 $4,142 $585,940 $175,780 $410,160
2022 $4,573 $591,150 $177,340 $413,810
2021 $4,807 $578,810 $173,640 $405,170
2020 $4,727 $556,160 $166,850 $389,310
2019 $4,909 $577,470 $173,240 $404,230
2018 $4,593 $540,390 $0 $0
2017 $4,503 $529,760 $0 $0
2016 $4,546 $534,770 $0 $0
2015 $4,393 $516,770 $0 $0
2014 -- $497,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC2027896

Bright MLS

APN: 0037-2028