NOT LISTED FOR SALE

1322 Rhode Island Ave NW Unit 8 Washington, DC 20005

Logan Circle Neighborhood

Estimated Value: $796,000 - $876,000

2 Beds
2 Baths
995 Sq Ft
$356/mo HOA Fee

Last Sold July 26, 2021

Last sale price $875,000 $879 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $5,498/month

2 Days on Market

Highlights

  • Gourmet Kitchen
  • Wood Flooring
  • 1 Fireplace
  • Open Floorplan
  • Victorian Architecture
  • 3-minute walk to Logan Circle

About This Home

As of July 2021

Located just one block from Logan Circle this fully renovated penthouse loft is sure to please. Step through the entry foyer and into the spacious great room with dramatic, vaulted ceilings and a south and west facing corner exposure for all-day sunlight. The kitchen has an integrated Fisher & Paykel refrigerator, slate-toned stainless steel appliances including a wine cooler, an exposed brick wall backsplash, and is completed by Carrara quartz countertops and a large, central island. A wood-burning fireplace, flanked by built in bookshelves and additional storage, graces the living and dining area. The main level bedroom is large enough to fit a king bed and the washer/dryer and a full bathroom are also found on this floor. The upper level loft features the large, primary bedroom with a walk-in closet and en-suite bathroom with a skylight. One off-street parking space (P2) conveys, and construction plans and previous permit for a proposed roof deck are available upon request. Enjoy living steps from Whole Foods Market, VIDA Fitness, Le Diplomate, and the 14th Street Corridor.

Last Agent to Sell the Property

Matthew Koerber

TTR Sotheby's International Realty License #SP98376771 Listed on: 07/08/2021

TTR Sotheby's International Realty

Last Buyer's Agent

Keri Shull

EXP Realty, LLC License #618083

EXP Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,451

Year Built

  • Built in 1895

Lot Details

  • Property is in excellent condition

HOA Fees

  • $356 Monthly HOA Fees

Home Design

  • Victorian Architecture
  • Brick Exterior Construction

Interior Spaces

  • 995 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Built-In Features
  • 1 Fireplace
  • Wood Flooring

Kitchen

  • Gourmet Kitchen
  • Electric Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Wine Rack
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 1 Off-Street Space
  • Assigned parking located at #P2
  • Surface Parking
  • Parking Space Conveys
  • 1 Assigned Parking Space

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 2035
  • Assessor Parcel Number 0242//2035

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, insurance, lawn maintenance, management, parking fee, sewer, snow removal, trash, water
  • Low-Rise Condominium
  • 1322 Rhode Island Avenue Condominium Condos
  • Old City Ii Community
  • Logan Circle Subdivision
  • Property Manager

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,451

Year Built

Built in 1895

Lot Details

0

HOA Fees

$356 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Victorian
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2021-07-08
  • Year Built: 1895
  • Assigned Parking Space Numbers: P2
  • Automatically Close On Close Date: No
  • Remarks Public: Located just one block from Logan Circle this fully renovated penthouse loft is sure to please. Step through the entry foyer and into the spacious great room with dramatic, vaulted ceilings and a south and west facing corner exposure for all-day sunlight. The kitchen has an integrated Fisher & Paykel refrigerator, slate-toned stainless steel appliances including a wine cooler, an exposed brick wall backsplash, and is completed by Carrara quartz countertops and a large, central island. A wood-burning fireplace, flanked by built in bookshelves and additional storage, graces the living and dining area. The main level bedroom is large enough to fit a king bed and the washer/dryer and a full bathroom are also found on this floor. The upper level loft features the large, primary bedroom with a walk-in closet and en-suite bathroom with a skylight. One off-street parking space (P2) conveys, and construction plans and previous permit for a proposed roof deck are available upon request. Enjoy living steps from Whole Foods Market, VIDA Fitness, Le Diplomate, and the 14th Street Corridor.
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven/Range - Electric, Range Hood, Refrigerator, Stainless Steel Appliances, Washer, Dryer, Water Heater
  • Entry Floor: 3
  • Flooring Type: Wood
  • Interior Amenities: Built-Ins, Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Upgraded Countertops, Walk-In Closet(s), Wine Storage, Wood Floors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Has Laundry, Main Floor, Washer In Unit, Dryer In Unit
  • Total Sq Ft: 995
  • Living Area Sq Ft: 995
  • Price Per Sq Ft: 849.25
  • Above Grade Finished Sq Ft: 995
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1322

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • 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, Limited Common Elements, Parking Space Conveys, 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: Electric
  • Heating Type: Central
  • 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: 356.31
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: 1322 Rhode Island Avenue Condominium
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Maintenance, Management, Parking Fee, Sewer, Snow Removal, Trash, Water
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • 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: 513550.00
  • Land Assessed Value: 220090.00
  • Property Condition: Excellent
  • Soil Types: Urban Land Not Rated
  • Year Assessed: 2020
  • Zoning: RA-2
  • In City Limits: Yes

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 16121445
  • Tax Annual Amount: 5451.00
  • Assessor Parcel Number: 0242//2035
  • Tax Lot: 2035
  • Tax Year: 2020
  • Close Date: 07/26/2021

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2021
Closed on
Jul 26, 2021
Sold by
Mitter Matthew and Schneller Christopher
Bought by
Shams Raeefa Z
Seller's Agent
Matthew Koerber
TTR Sotheby's International Realty
Buyer's Agent
Keri Shull
EXP Realty, LLC
List Price
$845,000
Sold Price
$875,000
Premium/Discount to List
$30,000
3.55%
Current Estimated Value
$845,934

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$29,066
Original Mortgage
$656,250
Outstanding Balance
$611,136
Interest Rate
2.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Apr 5, 2017
Closed on
May 15, 2017
Sold by
Price Danny N
Bought by
Schneller Christopher and Mitter Matthew
Seller's Agent
Kevin Brunell
Compass
Buyer's Agent
Jesse Oakley
Compass
List Price
$650,000
Sold Price
$725,000
Premium/Discount to List
$75,000
11.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.59%
Original Mortgage
$688,750
Interest Rate
4.08%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Shams Raeefa Z $875,000 Allied Title & Escrow Llc
Schneller Christopher $725,000 Paragon Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shams Raeefa Z $656,250
Previous Owner Schneller Christopher $688,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2021 07/26/21 Sold $875,000 +3.6% $879 / Sq Ft
07/11/2021 07/11/21 Pending -- -- --
07/08/2021 07/08/21 For Sale $845,000 +16.6% $849 / Sq Ft
05/18/2017 05/18/17 Sold $725,000 +11.5% $711 / Sq Ft
04/11/2017 04/11/17 Pending -- -- --
04/05/2017 04/05/17 For Sale $650,000 -- $637 / 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 $6,122 $822,500 $246,750 $575,750
2023 $5,663 $822,500 $246,750 $575,750
2022 $5,190 $703,000 $210,900 $492,100
2021 $5,798 $733,640 $220,090 $513,550
2020 $5,452 $717,110 $215,130 $501,980
2019 $4,994 $662,400 $198,720 $463,680
2018 $4,599 $614,350 $0 $0
2017 $5,046 $593,610 $0 $0
2016 $5,095 $599,450 $0 $0
2015 $3,537 $587,340 $0 $0
2014 $1,897 $516,590 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC2003088

Bright MLS

APN: 0242-2035