NOT LISTED FOR SALE

Estimated Value: $473,000 - $629,000

1 Bed
1 Bath
999 Sq Ft
$289/mo HOA Fee

Last Sold September 30, 2020

Last sale price $532,500 $533 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $3,332/month

Highlights

  • Open Floorplan
  • Wood Flooring
  • Walk-In Closet
  • Art Deco Architecture
  • Built-In Features
  • Forced Air Heating and Cooling System

About This Home

As of September 2020

One of a Kind Loft-Living and A Hidden Gem in the City! Nestled in this very quiet building known as the Historic Landmark of the former William Syphax School. Impressively maintained with a very comfortable and efficient open floor plan, this 1 Bedroom / 1 Bath home flaunts Natural Stone Foyer, Exposed Brick, Very Rare High Ceilings approaching nearly 13-Feet, Great Closets, and Gorgeous Large Windows Throughout which pour in an abundance of natural light. This secured location offers Assigned Off-Street Parking and an unusually large Personal Storage Unit in the Lower Level of the Building. The Kitchen is Delightful Kitchen with Stainless Steel Appliances, Dishwasher, and Granite Countertops with an Extended Bar. You will also find An In-Unit Washer/Dryer System for added convenience. This SW Neighborhood is absolutely where you want to live ? you can Enjoy evening walks to a plethora of amenities, including the Southwest Navy Yard Neighborhood, Fine Dining and Retail, Harris Teeter and Whole Foods, and The Nats Stadium (One Block Away - you can actually peek out and see the score board for games from the home?s window). It is also a short drive to the booming Wharf/SW Waterfront, Ronald Reagan Airport, Amazon?s New Headquarters, Downtown and Georgetown. OFFERS DUE BY TUESDAY 9/1/2020 3PM

Last Agent to Sell the Property

Kimberly Rice

(301) 455-4176 krice929@gmail.com TTR Sotheby's International Realty Listed on: 08/26/2020

TTR Sotheby's International Realty

Last Buyer's Agent

Kristina Walker

(703) 981-7802 kris@walkerteamrealtors.com KW United License #681488

KW United

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,295

Year Built

  • Built in 1954 | Remodeled in 2002

Lot Details

  • Historic Home
  • Property is in excellent condition

HOA Fees

  • $289 Monthly HOA Fees

Home Design

  • Art Deco Architecture
  • Contemporary Architecture
  • Entry on the 1st floor
  • Converted Dwelling

Interior Spaces

  • 999 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Built-In Features
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Stove
  • Range Hood
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Parking

  • 1 Off-Street Space
  • Assigned parking located at #8
  • Surface Parking
  • 1 Assigned Parking Space

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 2035
  • Assessor Parcel Number 0653//2035

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, lawn maintenance, management, reserve funds, snow removal, sewer, trash, water
  • 12 Units
  • Low-Rise Condominium
  • Syphax Village Condos, Phone Number (301) 363-1542
  • Old City I Community
  • Sw Waterfront Subdivision

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Additional Features

  • Community Storage Space
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,295

Year Built

Built in 1954 | Remodeled in 2002

Lot Details

0

HOA Fees

$289 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary, Art Deco, Converted Dwelling, Loft
  • Ownership: Condominium
  • Historic: Yes
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2020-08-26
  • Federal Flood Zone: No
  • Year Built: 1954
  • Year Renovated: 2002
  • Assigned Parking Space Numbers: 8
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: One of a Kind Loft-Living and A Hidden Gem in the City! Nestled in this very quiet building known as the Historic Landmark of the former William Syphax School. Impressively maintained with a very comfortable and efficient open floor plan, this 1 Bedroom / 1 Bath home flaunts Natural Stone Foyer, Exposed Brick, Very Rare High Ceilings approaching nearly 13-Feet, Great Closets, and Gorgeous Large Windows Throughout which pour in an abundance of natural light. This secured location offers Assigned Off-Street Parking and an unusually large Personal Storage Unit in the Lower Level of the Building. The Kitchen is Delightful Kitchen with Stainless Steel Appliances, Dishwasher, and Granite Countertops with an Extended Bar. You will also find An In-Unit Washer/Dryer System for added convenience. This SW Neighborhood is absolutely where you want to live ? you can Enjoy evening walks to a plethora of amenities, including the Southwest Navy Yard Neighborhood, Fine Dining and Retail, Harris Teeter and Whole Foods, and The Nats Stadium (One Block Away - you can actually peek out and see the score board for games from the home?s window). It is also a short drive to the booming Wharf/SW Waterfront, Ronald Reagan Airport, Amazon?s New Headquarters, Downtown and Georgetown. OFFERS DUE BY TUESDAY 9/1/2020 3PM
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Icemaker, Refrigerator, Stove, Range Hood, Washer, Water Heater
  • Entry Floor: 1
  • Flooring Type: Hardwood
  • Interior Amenities: Built-Ins, Combination Dining/Living, Floor Plan - Open, Walk-In Closet(s), Wood Floors
  • Fireplace: No
  • Levels Count: 1
  • Room List: Living Room, Kitchen
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 999
  • Living Area Sq Ft: 999
  • Price Per Sq Ft: 498.40
  • Above Grade Finished Sq Ft: 999
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1322

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
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned, Surface
  • 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: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Main Entrance Lock, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 289.44
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Syphax Village
  • Condo Co-Op Phone: 301-363-1542
  • HOA Condo Co-Op Amenities: Extra Storage, Reserved/Assigned Parking
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Management, Reserve Funds, Snow Removal, Sewer, Trash, Water
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation Fee?: No

Schools

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

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 308390.00
  • Land Assessed Value: 132170.00
  • Property Condition: Excellent
  • Soil Types: Unknown
  • Year Assessed: 2019
  • Zoning: RESIDENTIAL
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Size/Weight Restriction
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 16146772
  • Tax Annual Amount: 2295.00
  • Assessor Parcel Number: 0653//2035
  • Tax Lot: 2035
  • Tax Total Finished Sq Ft: 993
  • Tax Year: 2019
  • Close Date: 09/30/2020

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2020
Closed on
Sep 28, 2020
Sold by
Ferretti Victor A
Bought by
Groskreutz Ty Benjamin
Seller's Agent
Kimberly Rice
TTR Sotheby's International Realty
Buyer's Agent
Kristina Walker
KW United
List Price
$497,900
Sold Price
$532,500
Premium/Discount to List
$34,600
6.95%
Current Estimated Value
$519,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,961
Avg. Annual Appreciation
-2.13%
Original Mortgage
$426,000
Outstanding Balance
$395,075
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$83,177

Purchase Details

Closed on
Apr 9, 2009
Sold by
Fleet Edmund
Bought by
Ferretti Victor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,475
Interest Rate
4.93%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 19, 2005
Sold by
Manna Inc
Bought by
Fleet Edmund C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
5.59%
Mortgage Type
New Conventional
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
Groskreutz Ty Benjamin $532,500 Universal Title
Ferretti Victor $305,000 --
Fleet Edmund C $194,250 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Groskreutz Ty Benjamin $426,000
Previous Owner Ferretti Victor $299,475
Previous Owner Fleet Edmund C $155,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2020 09/30/20 Sold $532,500 +6.9% $533 / Sq Ft
09/01/2020 09/01/20 Pending -- -- --
08/26/2020 08/26/20 For Sale $497,900 -- $498 / 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 $3,451 $522,110 $156,630 $365,480
2023 $3,153 $507,950 $152,380 $355,570
2022 $2,904 $500,620 $150,190 $350,430
2021 $2,651 $472,870 $141,860 $331,010
2020 $2,518 $440,560 $132,170 $308,390
2019 $2,296 $411,430 $123,430 $288,000
2018 $2,099 $383,200 $0 $0
2017 $1,915 $369,550 $0 $0
2016 $1,746 $347,560 $0 $0
2015 $1,590 $258,490 $0 $0
2014 $1,863 $289,390 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC482258

Bright MLS

APN: 0653-2035