$480,000
SOLD JUL 2, 2024
1 Bed
1 Bath
506 Sq Ft
$269/mo HOA Fee

Recently Sold

$949 Per Sq Ft

2% Above List Price

7 Days on Market

Highlights

  • Eat-In Gourmet Kitchen
  • Upgraded Countertops
  • Elevator
  • Open Floorplan
  • Party Room
  • Stainless Steel Appliances

About This Home

As of July 2024

Fall in love with this luxurious, Logan Circle loft at the legendary Northern Exchange! This chic floor plan has impressive 14-foot ceilings accentuated by oversized windows that provide a pleasant, tree-lined street view. The kitchen is equipped with Euro cabinetry and appliances, generous closets are outfitted with Elfa storage, and the modern bathroom features a walk-in shower. Bosch washer and dryer are in-unit. Converted to lofts in 2013, the Northern Exchange was originally built for the C&P Telephone Company; its historic features shine through this unit’s exposed brick walls, terracotta ceilings, and polished concrete floors. Building amenities include a party room, a rooftop with seating and grill, and secure bike storage. Pet friendly, low condo fee ($270/month).

Last Agent to Sell the Property

Matthew Koerber

TTR Sotheby's International Realty License #SP98376771 Listed on: 05/31/2024

TTR Sotheby's International Realty

Last Buyer's Agent

Mitchell Baer

Compass License #SP200204400

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,201

Year Built

  • Built in 1920 | Remodeled in 2013

Lot Details

  • Property is in excellent condition

HOA Fees

  • $269 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 506 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Brick Wall or Ceiling
  • Concrete Flooring
  • Stacked Washer and Dryer

Kitchen

  • Eat-In Gourmet Kitchen
  • Built-In Oven
  • Cooktop
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

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

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Vented Exhaust Fan
  • 60+ Gallon Tank

Listing and Financial Details

  • Tax Lot 2217
  • Assessor Parcel Number 0207//2217

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, insurance, lawn maintenance, management, reserve funds, sewer, snow removal, trash, water
  • Mid-Rise Condominium
  • The Northern Exchange Condos
  • Northern Exchange Community
  • Logan Circle Subdivision
  • Property Manager

Amenities

  • Party Room
  • Elevator

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,201

Year Built

Built in 1920 | Remodeled in 2013

Lot Details

0

HOA Fees

$269 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Loft
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2024-06-01
  • Federal Flood Zone: No
  • Year Built: 1920
  • Year Renovated: 2013
  • Automatically Close On Close Date: No
  • Remarks Public: Fall in love with this luxurious, Logan Circle loft at the legendary Northern Exchange! This chic floor plan has impressive 14-foot ceilings accentuated by oversized windows that provide a pleasant, tree-lined street view. The kitchen is equipped with Euro cabinetry and appliances, generous closets are outfitted with Elfa storage, and the modern bathroom features a walk-in shower. Bosch washer and dryer are in-unit. Converted to lofts in 2013, the Northern Exchange was originally built for the C&P Telephone Company; its historic features shine through this unit’s exposed brick walls, terracotta ceilings, and polished concrete floors. Building amenities include a party room, a rooftop with seating and grill, and secure bike storage. Pet friendly, low condo fee ($270/month).
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Dishwasher, Disposal, Dryer, Dryer - Front Loading, Exhaust Fan, Oven - Wall, Refrigerator, Stainless Steel Appliances, Washer, Washer - Front Loading, Washer/Dryer Stacked
  • Entry Floor: 3
  • Flooring Type: Concrete
  • Interior Amenities: Combination Kitchen/Dining, Combination Kitchen/Living, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Gourmet, Bathroom - Stall Shower, Upgraded Countertops
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall, Brick
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 506
  • Living Area Sq Ft: 506
  • Price Per Sq Ft: 928.85
  • Above Grade Finished Sq Ft: 506
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1401

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick, Concrete
  • 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, Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Central, Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 269.29
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: The Northern Exchange
  • HOA Condo Co-Op Amenities: Elevator, Party Room
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Lawn Maintenance, Management, Reserve Funds, Sewer, Snow Removal, Trash, 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: Unknown
  • Year Assessed: 2023
  • Zoning: ARTS-3
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Tax Annual Amount: 3201.00
  • Assessor Parcel Number: 0207//2217
  • Tax Lot: 2217
  • Tax Total Finished Sq Ft: 506
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 07/02/2024

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2024
Closed on
Jun 26, 2024
Sold by
Rojas Jose Viptor Richmond
Bought by
Carroll James
Seller's Agent
Matthew Koerber
TTR Sotheby's International Realty
Buyer's Agent
Mitchell Baer
Compass
List Price
$470,000
Sold Price
$480,000
Premium/Discount to List
$10,000
2.13%
Views
19
Current Estimated Value
$466,575

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,425
Avg. Annual Appreciation
-2.91%
Original Mortgage
$465,600
Outstanding Balance
$462,043
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$4,532

Purchase Details

Listed on
Jan 25, 2017
Closed on
Feb 7, 2017
Sold by
Dave Nachiket P and Dave Shree
Bought by
Jose Victor Richmond Rojas
Seller's Agent
Brent Jackson
TTR Sotheby's International Realty
Buyer's Agent
Matthew Koerber
TTR Sotheby's International Realty
List Price
$425,000
Sold Price
$425,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.66%
Original Mortgage
$382,500
Interest Rate
4.12%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $480,000 Kvs Title
Special Warranty Deed $425,000 Avenue Settlement Corp
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $465,600 New Conventional
Previous Owner $382,500 New Conventional
Previous Owner $275,920 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2024 07/02/24 Sold $480,000 +2.1% $949 / Sq Ft
06/07/2024 06/07/24 Pending -- -- --
05/31/2024 05/31/24 For Sale $470,000 +10.6% $929 / Sq Ft
02/10/2017 02/10/17 Sold $425,000 0.0% $840 / Sq Ft
01/25/2017 01/25/17 Pending -- -- --
01/25/2017 01/25/17 For Sale $425,000 0.0% $840 / Sq Ft
05/02/2016 05/02/16 Rented $2,500 0.0% --
05/02/2016 05/02/16 Under Contract -- -- --
04/27/2016 04/27/16 For Rent $2,500 +4.2% --
10/23/2015 10/23/15 Rented $2,400 +4.3% --
10/23/2015 10/23/15 Under Contract -- -- --
10/13/2015 10/13/15 For Rent $2,300 -- --
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 $3,194 $477,970 $143,390 $334,580
2023 $3,201 $475,320 $142,600 $332,720
2022 $3,077 $454,520 $136,360 $318,160
2021 $3,029 $445,990 $133,800 $312,190
2020 $3,045 $433,960 $130,190 $303,770
2019 $3,140 $444,230 $133,270 $310,960
2018 $2,999 $426,200 $0 $0
2017 $3,382 $397,920 $0 $0
2016 $3,237 $380,880 $0 $0
2015 $3,118 $366,840 $0 $0
2014 -- $313,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC2143976

Bright MLS

APN: 0207-2217