NOT LISTED FOR SALE

1151 Oates St NE Unit 3 Washington, DC 20002

Trinidad Neighborhood

Estimated Value: $917,000

3 Beds
2.5 Baths
2,055 Sq Ft
$239/mo HOA Fee

Last Sold April 16, 2021

Last sale price $1,002,000 $488 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $5,800/month

Highlights

  • New Construction
  • Contemporary Architecture
  • Exterior Cameras
  • Deck
  • Multiple Balconies
  • 4-minute walk to Joseph H. Cole Recreation Center

About This Home

As of April 2021

Looking for a luxury penthouse with ample space? This is it! A well thought out spacious floor plan flooded with natural light, a gorgeously designed interior, a rooftop deck offering stunning views of the Capitol and Washington Monument along with two additional balconies coupled with parking, are all reasons you will be proud to call The Lola’s Penthouse home. Enter through a private front door outfitted with keyless entry, and a covered front porch. Once inside, you will be greeted by a Pinterest-worthy custom penny tile foyer that is paired with the storage normally found in a mudroom. 9 foot ceilings grace this two level home; larger than most single family homes within a half mile radius. The main floor boasts a chefs kitchen featuring a stunning marble slab backsplash, two-tone kitchen cabinets that are both classic and modern, a walk-in pantry, and a huge island. Two additional prep zones allow for ample space to both cook and host. The dedicated dining room could easily accommodate a 12 person table, and then there is the living room. Oh, the living room...accessible from the penthouse living room you will find the first of three outdoor living spaces. The main level is completed by a lovely half bath. Every room has a speaker connected to the Sonos home sound system. Make your way to the top floor by way of switch back stairs that is a beautiful and luxurious design. The second floor has the ideal 3 bed/2 bath footprint with a large hallway separating the Master Suite from the other bedrooms and bath. Unlike many other homes, all bedrooms in The Lola Penthouse are spacious - much larger than your average bedroom size in this neighborhood. The Master Suite is impressively large with more than enough room for your king sized bed and furniture, with additional storage space found in the large walk-in closet. The ensuite bath features a 72 inch teak double vanity, a steam shower system with custom herringbone tile work, and a separate room for the toilette chamber. Two doors within the Master Suite provide access to the 100 sq ft balcony; the second of three outdoor living spaces in the Penthouse. The 250 sq ft roof deck is accessible via the living room or the master suite, with enough space to accommodate three distinct entertaining spaces - lounging, dining, and sunbathing!

Last Agent to Sell the Property

Katherine Krevor

(240) 380-5783 kpgroup@rlahre.com RLAH @properties Listed on: 02/23/2021

RLAH @properties

Last Buyer's Agent

Giovanna Piskulich

(571) 606-4294 giovanna.piskulich@compass.com Compass License #0225101151

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,692

Year Built

  • Built in 2020 | New Construction

Lot Details

  • Sprinkler System
  • Property is in excellent condition

HOA Fees

  • $239 Monthly HOA Fees

Home Design

  • Penthouse
  • Contemporary Architecture
  • Entry on the 1st floor

Interior Spaces

  • 2,055 Sq Ft Home
  • Property has 2 Levels
  • Casement Windows
  • Exterior Cameras
  • Laundry on upper level

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 1 Off-Street Space
  • Parking Space Conveys

Outdoor Features

  • Multiple Balconies
  • Deck

Location

  • Urban Location

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 2022
  • Assessor Parcel Number 4064//2022

Community Details

Overview

  • Association fees include exterior building maintenance, snow removal, trash, reserve funds, common area maintenance, water
  • Low-Rise Condominium
  • Trinidad Community
  • Trinidad Subdivision

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,692

Year Built

Built in 2020 | New Construction

Lot Details

0

HOA Fees

$239 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • Home Warranty: Yes
  • New Construction: Yes
  • Story List: Main, Upper 1
  • Expected On Market: 2021-02-23
  • Federal Flood Zone: No
  • Year Built: 2020
  • Automatically Close On Close Date: No
  • Remarks Public: Looking for a luxury penthouse with ample space? This is it! A well thought out spacious floor plan flooded with natural light, a gorgeously designed interior, a rooftop deck offering stunning views of the Capitol and Washington Monument along with two additional balconies coupled with parking, are all reasons you will be proud to call The Lola’s Penthouse home. Enter through a private front door outfitted with keyless entry, and a covered front porch. Once inside, you will be greeted by a Pinterest-worthy custom penny tile foyer that is paired with the storage normally found in a mudroom. 9 foot ceilings grace this two level home; larger than most single family homes within a half mile radius. The main floor boasts a chefs kitchen featuring a stunning marble slab backsplash, two-tone kitchen cabinets that are both classic and modern, a walk-in pantry, and a huge island. Two additional prep zones allow for ample space to both cook and host. The dedicated dining room could easily accommodate a 12 person table, and then there is the living room. Oh, the living room...accessible from the penthouse living room you will find the first of three outdoor living spaces. The main level is completed by a lovely half bath. Every room has a speaker connected to the Sonos home sound system. Make your way to the top floor by way of switch back stairs that is a beautiful and luxurious design. The second floor has the ideal 3 bed/2 bath footprint with a large hallway separating the Master Suite from the other bedrooms and bath. Unlike many other homes, all bedrooms in The Lola Penthouse are spacious - much larger than your average bedroom size in this neighborhood. The Master Suite is impressively large with more than enough room for your king sized bed and furniture, with additional storage space found in the large walk-in closet. The ensuite bath features a 72 inch teak double vanity, a steam shower system with custom herringbone tile work, and a separate room for the toilette chamber. Two doors within the Master Suite provide access to the 100 sq ft balcony; the second of three outdoor living spaces in the Penthouse. The 250 sq ft roof deck is accessible via the living room or the master suite, with enough space to accommodate three distinct entertaining spaces - lounging, dining, and sunbathing!
  • Special Features: NewHome
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Interior Amenities: Pantry, Sprinkler System
  • Window Features: Casement
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Upper Floor
  • Total Sq Ft: 2055
  • Living Area Sq Ft: 2055
  • Price Per Sq Ft: 481.70
  • Above Grade Finished Sq Ft: 2055
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1151

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Combination
  • Construction Completed: Yes
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Limited Common Elements, Parking Space Conveys
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street
  • Off Street Parking Spaces: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Tankless
  • Security: Exterior Cameras
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 238.58
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Snow Removal, Trash, Reserve Funds, Common Area Maintenance, Water
  • HOA: No
  • Senior Community: 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: 489990.00
  • Land Assessed Value: 210000.00
  • Outdoor Living Structures: Balconies- Multiple, Deck(s)
  • Property Condition: Excellent
  • Soil Types: Unknown
  • Year Assessed: 2020
  • Zoning: RF1
  • In City Limits: Yes

Rental Info

  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 24599005
  • Tax Annual Amount: 4692.00
  • Assessor Parcel Number: 4064//2022
  • Tax Lot: 2022
  • Tax Year: 2020
  • Close Date: 04/16/2021

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2021
Closed on
Apr 15, 2021
Sold by
1151 Oates St Ne Llc
Bought by
Franco Maria Camila Ariza and Palomo David A
Seller's Agent
Katherine Krevor
RLAH @properties
Buyer's Agent
Giovanna Piskulich
Compass
List Price
$989,900
Sold Price
$1,002,000
Premium/Discount to List
$12,100
1.22%
Current Estimated Value
$917,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$85,000
Avg. Annual Appreciation
-1.95%
Original Mortgage
$701,400
Outstanding Balance
$628,065
Interest Rate
2.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$288,935
Source: Public Records

Range of Values:

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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
Franco Maria Camila Ariza $1,002,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Franco Maria Camila Ariza $701,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/16/2021 04/16/21 Sold $1,002,000 +1.2% $488 / Sq Ft
02/24/2021 02/24/21 Pending -- -- --
02/23/2021 02/23/21 For Sale $989,900 -- $482 / 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
2024 $8,388 $1,002,000 $300,600 $701,400
2023 $8,392 $1,002,000 $300,600 $701,400
2022 $5,833 $699,990 $210,000 $489,990
2021 $5,837 $699,990 $210,000 $489,990
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC509172

Bright MLS

APN: 4064-2022