NOT LISTED FOR SALE

The Bower 1300 4th St SE Unit 406 Washington, DC 20003

Navy Yard Neighborhood

Estimated Value: $518,000

1 Bed
1 Bath
615 Sq Ft
$600/mo HOA Fee

Last Sold April 28, 2023

Last sale price $490,000 $797 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,678/month

4 Days on Market

Highlights

  • Concierge
  • Gourmet Kitchen
  • Contemporary Architecture
  • Fitness Center
  • Open Floorplan
  • 2-minute walk to The Yards Park

About This Home

As of April 2023

This modern condo offers 615 square feet of breathable space in one of the most exciting neighborhoods in DC. The bright living space features 9' ceilings, floor to ceiling glass windows that offer sunshine all day with water view. The bedroom offers a cozy and private space with walk-in closet as well as good size secondary closet . The luxurious kitchen includes Bosch electric appliances, soft-closing drawers, and quartz countertops, and abundant storage. Full size stacked washer and dryer conveniently located next to bedroom. Condo has total of 6 closets including designated pantry and laundry. Building amenities include a 24-hour concierge, a resident's lounge with wet bar, a rooftop terrace with grill, and a fitness studio. The Bower was LEED Silver Certified in 2020.(Leadership in Energy and Environmental Design) The Bower is surrounded by many new developments, restaurants, bars, shops, and parks. Ideally located a block from Harris Teeter, Vida Fitness and District Winery, Albi (recently awarded a Michelin star ) and only steps away from the water and public transport. Navy Yard Metro Station is just a couple blocks away and bus stop is only 1 block.

Last Agent to Sell the Property

Beth Towles

(301) 655-2202 beth.chasenhomes@gmail.com Compass License #657260 Listed on: 04/02/2023

Compass

Co-Listed By

Adam Chasen

(301) 461-7021 achasen80@gmail.com Compass License #656557

Last Buyer's Agent

Melanie Harris

(703) 584-4884 melanieharrissells@gmail.com RE/MAX Real Estate Connections License #5006661

RE/MAX Real Estate Connections

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,993

Year Built

  • Built in 2018

Lot Details

  • 87

HOA Fees

  • $600 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 4th floor

Interior Spaces

  • 615 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Built-In Features
  • Combination Kitchen and Living
  • Carpet
  • Home Security System

Kitchen

  • Gourmet Kitchen
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Construction
  • Energy-Efficient HVAC
  • Home Energy Management

Schools

  • Van Ness Elementary School
  • Jefferson Middle School Academy
  • Eastern Senior High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Additional Features

  • Accessible Elevator Installed
  • Outdoor Grill

Listing and Financial Details

  • Tax Lot 2038
  • Assessor Parcel Number 0826//2038

Community Details

Overview

  • Association fees include water, common area maintenance, exterior building maintenance, insurance, management, reserve funds, sewer, snow removal, trash
  • High-Rise Condominium
  • The Bower Condos, Phone Number (202) 848-1200
  • Built by PN Hoffman
  • The Bower Community
  • Navy Yard Subdivision
  • Property Manager

Amenities

  • Concierge
  • Doorman
  • Party Room
  • 2 Elevators

Recreation

Pet Policy

  • Dogs and Cats Allowed

Security

  • Front Desk in Lobby

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,993

Year Built

Built in 2018

Lot Details

0

HOA Fees

$600 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Contemporary
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2018
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Refrigerator, Cooktop, Dishwasher, Microwave, Disposal, Washer/Dryer Stacked
  • Entry Floor: 4
  • Interior Amenities: Built-Ins, Carpet, Combination Kitchen/Living, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Walk-In Closet(s)
  • Fireplace: No
  • Elevators Count: 2
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Has Laundry, Washer In Unit, Dryer In Unit
  • Total Sq Ft: 615
  • Living Area Sq Ft: 615
  • Price Per Sq Ft: 796.75
  • Above Grade Finished Sq Ft: 615
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Combination
  • Exterior Features: Bbq Grill
  • Spa: No
  • 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: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Desk In Lobby, Doorman, Main Entrance Lock, Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 600.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: The Bower
  • Condo Co-Op Phone: 202-848-1200
  • HOA Condo Co-Op Amenities: Concierge, Elevator, Fitness Center, Party Room, Exercise Room
  • HOA Condo Co-Op Fee Includes: Water, Common Area Maintenance, Ext Bldg Maint, Insurance, Management, Reserve Funds, Sewer, Snow Removal, Trash
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: VAN NESS
  • High School: EASTERN SENIOR
  • Middle Or Junior School: JEFFERSON MIDDLE SCHOOL ACADEMY

Green Features

  • Efficiency: Home Energy Management, Hvac, Construction, Appliances
  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 343850.00
  • Land Assessed Value: 147370.00
  • Outdoor Living Structures: Roof
  • Soil Types: Urban Land Not Rated
  • Zoning: RES
  • In City Limits: Yes

Building Info

  • Builder Name: PN Hoffman

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Dogs Ok, Cats Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 23114489
  • Tax Annual Amount: 2993.00
  • Assessor Parcel Number: 0826//2038
  • Tax Lot: 2038
  • Tax Year: 2022

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2023
Closed on
Apr 28, 2023
Sold by
Powell Tera M
Bought by
Villani Richard A and Kholosha Iryna
Seller's Agent
Beth Towles
Compass
Buyer's Agent
Melanie Harris
RE/MAX Real Estate Connections
List Price
$490,000
Sold Price
$490,000
Views
74
Current Estimated Value
$518,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,000
Avg. Annual Appreciation
2.17%
Original Mortgage
$392,000
Outstanding Balance
$380,108
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$137,892
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Villani Richard A $490,000 Westcor Land Title Insurance C
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Villani Richard A $392,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/28/2023 04/28/23 Sold $490,000 0.0% $797 / Sq Ft
04/02/2023 04/02/23 For Sale $490,000 +6.5% $797 / Sq Ft
09/01/2020 09/01/20 Sold $460,000 0.0% $748 / Sq Ft View Prior Sale
07/08/2020 07/08/20 Pending -- -- --
06/25/2020 06/25/20 Price Changed $460,000 -1.5% $748 / Sq Ft
06/05/2020 06/05/20 For Sale $467,000 -- $759 / 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 $4,206 $510,450 $153,130 $357,320
2024 $4,231 $512,890 $153,870 $359,020
2023 $3,251 $491,220 $147,370 $343,850
2022 $2,993 $486,360 $145,910 $340,450
2021 $2,734 $411,280 $123,380 $287,900
2020 $2,852 $411,280 $123,380 $287,900
2019 $814,562 $411,280 $123,380 $287,900
Source: Public Records

Agents Affiliated with this Home

  • Beth Towles

    Seller's Agent in 2023

    Beth Towles

    Compass

    (301) 655-2202

    1 in this area

    30 Total Sales

    Beth Towles
    Section Image
  • Adam Chasen

    Seller Co-Listing Agent in 2023

    Adam Chasen

    Compass

    (301) 461-7021

    1 in this area

    77 Total Sales

    Adam Chasen
    Section Image
  • Melanie Harris

    Buyer's Agent in 2023

    Melanie Harris

    RE/MAX

    (703) 584-4884

    1 in this area

    31 Total Sales

    Melanie Harris
    Section Image
  • Melanie Hayes

    Seller's Agent in 2020

    Melanie Hayes

    TTR Sotheby's International Realty

    (202) 549-7373

    70 Total Sales

    Melanie Hayes
    Section Image
See All Agents

About The Bower

Map

Source: Bright MLS

MLS Number: DCDC2089532

Bright MLS

APN: 0826-2038

District of Columbia District of Columbia County Washington 20003 Navy Yard

1300 4th St SE Unit 406, Washington, DC

Not Listed for Sale

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