NOT LISTED FOR SALE

Estimated Value: $645,000

1 Bed
1 Bath
713 Sq Ft
$367/mo HOA Fee

Last Sold March 16, 2022

Last sale price $555,000 $778 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,133/month

Highlights

  • Contemporary Architecture
  • 4-minute walk to Potomac Avenue
  • Meeting Room
  • Watkins Elementary School Rated A-
  • Wood Flooring
  • 4-minute walk to 13th Street Community Park & Garden

About This Home

As of March 2022

Pristine, light-filled, top floor, corner unit with private balcony in the beautifully transformed Buchanan School. Only 4 years old, this is the largest true 1BR layout in the building featuring 12 ft ceilings, wide panel white oak floors in the living areas, marble herringbone floors in the bath, a pocket door to the bedroom, exposed brick and massive windows with custom battery powered window treatments in all rooms, plus large custom Eco-Nize closets. Elevator building. Indoor community lounge space as well as outdoor patio space. Secure package room and bike storage. Blocks from both the Potomac Ave and Eastern Market metro and all the retail you can imagine in between. This unit is one of a kind!

Last Agent to Sell the Property

Michael DeAngelis

(443) 831-5681 mike@impact-residential.com Samson Properties License #658297 Listed on: 02/18/2022

Samson Properties

Last Buyer's Agent

Sheena Saydam

(202) 243-7700 sheena@saydamproperties.com Keller Williams Capital Properties License #638126

Keller Williams Capital Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,580

Year Built

  • Built in 1895 | Remodeled in 2018

Lot Details

  • 828

HOA Fees

  • $367 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 3rd floor
  • Brick Exterior Construction

Interior Spaces

  • 713 Sq Ft Home
  • Property has 1 Level
  • Wood Flooring

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Utilities

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

Additional Features

  • Accessible Elevator Installed
  • Property is in excellent condition

Listing and Financial Details

  • Tax Lot 2033
  • Assessor Parcel Number 1042//2033

Community Details

Overview

  • Association fees include all ground fee, common area maintenance, exterior building maintenance, management, reserve funds, snow removal, water
  • Low-Rise Condominium
  • The Buchanan School Condos
  • Buchanan School Community
  • Old City #1 Subdivision
  • Property Manager

Amenities

  • Picnic Area
  • Common Area
  • Meeting Room

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,580

Year Built

Built in 1895 | Remodeled in 2018

Lot Details

0

HOA Fees

$367 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2022-02-18
  • Federal Flood Zone: No
  • Year Built: 1895
  • Year Renovated: 2018
  • Automatically Close On Close Date: Yes
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Entry Floor: 3
  • Flooring Type: Hardwood
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 713
  • Living Area Sq Ft: 713
  • Price Per Sq Ft: 771.25
  • Above Grade Finished Sq Ft: 713
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1324

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: Brick
  • 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
  • Sewer/Septic System: Public Septic
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 366.74
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: The Buchanan School
  • HOA Condo Co-Op Amenities: Common Grounds, Elevator, Meeting Room, Picnic Area
  • HOA Condo Co-Op Fee Includes: All Ground Fee, Common Area Maintenance, Ext Bldg Maint, Management, Reserve Funds, Snow Removal, Water
  • HOA: No
  • Senior Community: No

Schools

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

Lot Info

  • Property Condition: Excellent
  • Soil Types: Urban Land-Sassafras-Chillum
  • Year Assessed: 2021
  • Zoning: RF-1
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Tax Annual Amount: 3580.00
  • Assessor Parcel Number: 1042//2033
  • Tax Lot: 2033
  • Tax Total Finished Sq Ft: 636
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 03/16/2022

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2022
Closed on
Mar 3, 2022
Sold by
Underwood Charlotte H
Bought by
Olinger Rachelle Monet
Seller's Agent
Michael DeAngelis
Samson Properties
Buyer's Agent
Sheena Saydam
Keller Williams Capital Properties
List Price
$549,900
Sold Price
$555,000
Premium/Discount to List
$5,100
0.93%
Current Estimated Value
$645,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,000
Avg. Annual Appreciation
4.30%
Original Mortgage
$482,000
Outstanding Balance
$448,425
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$196,575
Source: Public Records

Range of Values:

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Average Value
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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
Olinger Rachelle Monet $555,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olinger Rachelle Monet $482,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/16/2022 03/16/22 Sold $555,000 +0.9% $778 / Sq Ft
02/21/2022 02/21/22 Pending -- -- --
02/18/2022 02/18/22 For Sale $549,900 -- $771 / 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 $4,154 $503,840 $151,150 $352,690
2023 $4,288 $519,180 $155,750 $363,430
2022 $4,395 $585,990 $175,800 $410,190
2021 $3,580 $576,760 $173,030 $403,730
2020 $3,363 $471,330 $141,400 $329,930
2019 $3,370 $471,330 $141,400 $329,930
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC2036212

Bright MLS

APN: 1042-2033