NOT LISTED FOR SALE

1240 Raum St NE Unit PH1 Washington, DC 20002

Trinidad Neighborhood

Estimated Value: $522,000 - $612,000

2 Beds
2 Baths
1,400 Sq Ft
$226/mo HOA Fee

Last Sold April 18, 2023

Last sale price $705,600 $504 Per Sq Ft

Est. 19% decrease in value since last sale

Current estimated payment $3,772/month

33 Days on Market

Highlights

  • New Construction
  • Engineered Wood Flooring
  • Forced Air Heating and Cooling System
  • Contemporary Architecture
  • On-Site Parking for Sale
  • 4-minute walk to Trinidad Recreation Center

About This Home

As of April 2023

This spectacular crown jewel unit at the newly built Madison Lofts is a two level penthouse with monument views, private roof deck, designer finishes throughout along with a 300 sq ft Atelier / multipurpose room in the basement with HVAC that can be used as private gym, office, yoga room, home theatre, workshop, storage, etc. This bespoke unit oozes luxury from the moment you step into the double height entry and see the elegant 8ft doors, European White Oak Herringbone floors, Super White Marble kitchen counters with waterfall island, high end Bosch appliances, oversize barn doors, Carrara Marble baths, 10ft ceilings with industrial Marvin windows, custom millwork vents, sold core doors, Nest thermostat, upper level catwalk, balcony off the living room and best of all the unit is fully prewired for Verizon FIOS for the fastest internet possible. The wraparound roof deck is fully private with monument views. The booming Trinidad location provides easy access to all the nightlife and restaurants in H Street and Ivy City. Parking is available for purchase separately. Solid brick construction ensures minimum maintenance and low condo fees over the years. Pet and Investor friendly. Below market interest rates still available from Builder's lender, please ask for more details.

Last Agent to Sell the Property

Mark Mlakar

M Squared Real Estate LLC Listed on: 02/13/2023

Last Buyer's Agent

Nurit Coombe

The Agency DC License #SP98372408

The Agency DC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,656

Year Built

  • Built in 2022 | New Construction

Lot Details

  • East Facing Home
  • Property is in excellent condition

HOA Fees

  • $226 Monthly HOA Fees

Home Design

  • Penthouse
  • Contemporary Architecture
  • Brick Exterior Construction
  • Rubber Roof
  • HardiePlank Type

Interior Spaces

  • Property has 2 Levels
  • Engineered Wood Flooring
  • Washer and Dryer Hookup
  • Finished Basement

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Off-Street Space
  • Alley Access
  • On-Site Parking for Sale
  • Parking Fee
  • Fenced Parking

Utilities

  • Forced Air Heating and Cooling System
  • Back Up Electric Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 112
  • Assessor Parcel Number 4052//0112

Community Details

Overview

  • $453 Capital Contribution Fee
  • Association fees include common area maintenance, gas, insurance, lawn care front, lawn care rear, reserve funds, sewer, snow removal, trash, water
  • Low-Rise Condominium
  • Brick Warehouse East Condos
  • Built by Progressive Builders
  • Trinidad Subdivision

Amenities

  • Common Area
  • Community Storage Space

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,656

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$226 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
  • Historic: No
  • New Construction: Yes
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2022
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Entry Floor: 3
  • Flooring Type: Engineered Wood, Hardwood
  • Fireplace: No
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 1400
  • Living Area Sq Ft: 1400
  • Price Per Sq Ft: 636.27
  • Above Grade Finished Sq Ft: 1100
  • Below Grade Finished Sq Ft: 300
  • Total Below Grade Sq Ft: 300
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1240

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, Concrete, Glass, Hardiplank Type
  • Construction Completed: Yes
  • Roof: Rubber
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Concrete Driveway, Fenced, On-Site - Sale, Parking Fee
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Alley, 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: Forced Air, Heat Pump - Electric Backup
  • 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: 226.37
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: BRICK WAREHOUSE EAST
  • HOA Condo Co-Op Amenities: Common Grounds, Extra Storage
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Gas, Insurance, Lawn Care Front, Lawn Care Rear, Reserve Funds, Sewer, Snow Removal, Trash, Water
  • HOA: No
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 452.75

Schools

  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • School District Key: 121140357950
  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Property Condition: Excellent
  • Soil Types: Urban Land Not Rated
  • Year Assessed: 2022
  • Zoning: RF-1
  • In City Limits: No

Building Info

  • Builder Name: Progressive Builders

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 4052//0112
  • Tax Lot: 112
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 04/18/2023

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2023 04/25/23 Price Changed $699,900 +2.2% $500 / Sq Ft
04/25/2023 04/25/23 Price Changed $684,900 -2.9% $489 / Sq Ft
04/18/2023 04/18/23 Sold $705,600 +0.8% $504 / Sq Ft
03/18/2023 03/18/23 Pending -- -- --
03/13/2023 03/13/23 Price Changed $699,900 -3.4% $500 / Sq Ft
02/13/2023 02/13/23 For Sale $724,900 -- $518 / 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
2023 $4,656 $650,000 $195,000 $455,000
2022 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mark Mlakar

    Seller's Agent in 2023

    Mark Mlakar

    M Squared Real Estate LLC

    (202) 321-5641

    30 in this area

    91 Total Sales

    Mark Mlakar
    Section Image
  • Nurit Coombe

    Buyer's Agent in 2023

    Nurit Coombe

    The Agency DC

    (202) 318-3428

    1 in this area

    769 Total Sales

    Nurit Coombe
    Section Image
  • Ani Nguyen

    Buyer Co-Listing Agent in 2023

    Ani Nguyen

    The Agency DC

    (434) 825-7459

    2 in this area

    22 Total Sales

    Ani Nguyen
    Section Image
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Map

Source: Bright MLS

MLS Number: DCDC2083748

Bright MLS

APN: 4052-2068

District of Columbia District of Columbia County Washington 20002 Trinidad

1240 Raum St NE Unit PH1, Washington, DC

This home is located at 1240 Raum St NE Unit PH1, Washington, DC 20002 since 13 February 2023 and is currently estimated at $571,770, approximately $408 per square foot. This property was built in 2022. 1240 Raum St NE Unit PH1 is a home located in District of Columbia with nearby schools including Wheatley Education Campus, Dunbar High School, and Center City PCS - Trinidad.

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