NOT LISTED FOR SALE

Estimated Value: $398,000

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

Last Sold November 14, 2022

Last sale price $407,000 $714 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,703/month

8 Days on Market

Highlights

  • Gourmet Kitchen
  • 4-minute walk to Potomac Avenue
  • Wood Flooring
  • Watkins Elementary School Rated A-
  • Open Floorplan
  • 4-minute walk to 13th Street Community Park & Garden

About This Home

As of November 2022

Best value in Buchanan School PLUS a $5,000 credit to buy-down your interest rate! Historic charm meets modern luxury in this converted schoolhouse loft! This like-new one bedroom condo features soaring 12'7" ceilings, exposed brick and massive windows plus a private balcony. Elegant wide-plank white oak floors flow throughout the unit, and the modern kitchen boasts durable quartz countertops and high-end Bosch appliances. The serene bedroom easily accommodates a queen-size bed and the spa-like bathroom boasts herringbone marble floors and an enormous shower. An in-unit washer/dryer and abundant storage round out this perfect package! Redeveloped by Ditto Residential in 2018, the converted school building also includes a community lounge/library with an adjacent patio for outdoor entertaining. The boutique building is pet friendly and the low fee of $288.53/mo is budget friendly! The ideal location is just down the block from the brand new Safeway for groceries at home, or explore the myriad of restaurants at The Roost if you want to go out. Close proximity to Metro, Barrack's Row, Eastern Market and more make this Hill East location a winner! Note: Tax record square footage is incorrect. Size is estimated at 570 sq ft per professional third-party measurements.

Last Agent to Sell the Property

Seth Turner

(202) 386-6330 seth@sethturnergroup.com Compass Listed on: 10/06/2022

Compass

Last Buyer's Agent

Lee Murphy

(202) 333-3320 info@wfp.com Washington Fine Properties, LLC License #SP98358325

Washington Fine Properties, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,609

Year Built

  • Built in 1895 | Remodeled in 2018

Lot Details

  • 653

HOA Fees

  • $289 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 570 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Recessed Lighting
  • Window Treatments
  • Wood Flooring

Kitchen

  • Gourmet Kitchen
  • Gas Oven or Range
  • Stove
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Home Security

Outdoor Features

  • Balcony
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • Property is in excellent condition

Listing and Financial Details

  • Tax Lot 2017
  • Assessor Parcel Number 1042//2017

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, gas, management, reserve funds, trash
  • Low-Rise Condominium
  • Buchanan School Condos
  • Built by Ditto Residential
  • Old City #1 Community
  • The Buchanan School Subdivision
  • Property Manager

Amenities

  • Picnic Area
  • Common Area
  • Party Room
  • Community Library

Pet Policy

  • Pets allowed on a case-by-case basis

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,609

Year Built

Built in 1895 | Remodeled in 2018

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: Unit/Flat
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1895
  • Year Renovated: 2018
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Front Loading, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Stove, Washer - Front Loading, Washer/Dryer Stacked
  • Entry Floor: 2
  • Flooring Type: Wood
  • Interior Amenities: Combination Dining/Living, Combination Kitchen/Living, Floor Plan - Open, Kitchen - Gourmet, Recessed Lighting, Stall Shower, Window Treatments, Wood Floors
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 570
  • Living Area Sq Ft: 570
  • Price Per Sq Ft: 735.96
  • Above Grade Finished Sq Ft: 570
  • 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: Exterior Lighting, Sidewalks, Street Lights
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Main Entrance Lock, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 288.53
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Buchanan School
  • HOA Condo Co-Op Amenities: Common Grounds, Elevator, Library, Party Room, Picnic Area
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Gas, Management, Reserve Funds, Trash
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Outdoor Living Structures: Balcony
  • Property Condition: Excellent
  • Soil Types: Chillum-Urban Land Complex
  • Zoning: RF-1
  • In City Limits: Yes

Building Info

  • Builder Name: Ditto Residential

Rental Info

  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 3609.00
  • Assessor Parcel Number: 1042//2017
  • Tax Lot: 2017
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2022
Closed on
Nov 14, 2022
Sold by
Silverman Morgan
Bought by
Payne Gavin and Payne Caroline
Seller's Agent
Seth Turner
Compass
Buyer's Agent
Lee Murphy
Washington Fine Properties, LLC
List Price
$419,500
Sold Price
$407,000
Premium/Discount to List
-$12,500
-2.98%
Views
29
Current Estimated Value
$398,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,000
Avg. Annual Appreciation
-0.70%
Original Mortgage
$250,000
Outstanding Balance
$214,835
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$183,165
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Payne Gavin $407,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Payne Gavin $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/14/2022 11/14/22 Sold $407,000 0.0% $714 / Sq Ft
11/14/2022 11/14/22 Sold $407,000 -3.0% $714 / Sq Ft View Prior Sale
10/06/2022 10/06/22 For Sale $419,500 +3.1% $736 / Sq Ft
10/06/2022 10/06/22 Off Market $407,000 -- --
08/26/2022 08/26/22 For Sale $437,500 0.0% $768 / Sq Ft
03/09/2021 03/09/21 Rented $1,890 0.0% --
02/18/2021 02/18/21 For Rent $1,890 -13.3% --
02/15/2018 02/15/18 Rented $2,180 -0.9% --
02/15/2018 02/15/18 Under Contract -- -- --
01/23/2018 01/23/18 For Rent $2,200 -- --
Source: Bright MLS

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 $3,625 $442,120 $132,640 $309,480
2024 $3,638 $443,230 $132,970 $310,260
2023 $3,765 $457,690 $137,310 $320,380
2022 $3,686 $447,450 $134,230 $313,220
2021 $3,609 $437,930 $131,380 $306,550
2020 $3,297 $387,900 $116,370 $271,530
2019 $3,297 $387,900 $116,370 $271,530
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DCDC2070240

Bright MLS

APN: 1042-2017