NOT LISTED FOR SALE

1416 22nd St SE Unit FOUR Washington, DC 20020

Fairlawn Neighborhood

Estimated Value: $296,000

1 Bed
1 Bath
760 Sq Ft
$162/mo HOA Fee

Last Sold August 15, 2022

Last sale price $299,995 $395 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,863/month

5 Days on Market

Highlights

  • New Construction
  • Forced Air Heating and Cooling System
  • Property is in excellent condition
  • Contemporary Architecture

About This Home

As of August 2022

SELLER CREDIT AVAILABLE. Brand New Condos @ 1416 22nd Street Condominium | Unit 4 | 1 Bed | 1 Bath | 760 SQF | Parking Available For Sale.

Phase 1 now delivering! Welcome to 1416 22nd, a brand-new. 9-unit boutique condominium building with an elevator, low condo fees, contemporary open floor plans, and easy access to 295/395/695/Capitol Hill retail in 5 minutes or less! This ground-up construction project provides an attractive range of buyer options from spacious one bedroom units, 2-level two bedroom residences, and 2-level three bedroom penthouses with private roof decks. These units provide soaring 9'+ ceiling heights, wood and LVP flooring, quartz kitchen and bathroom surfaces, subway tile bathrooms and backsplashes, Whirlpool and LG appliances, and stackable washer/dryer sets. The non-penthouse units share a roof deck space. The building is located on a quiet block and the following shops, restaurants, and bars are all 5 minutes or less away by car: Potomac Ave (Orange/Silver/Blue), Anacostia Metro (Green), Trader Joe's, Safeway, Frager's Hardware, The Roost, Busboys and Poets, Cameo Coffee, Trusty's, Eastern Market, and more. Parking available for sale. Photos are of a different unit with similar floor plan.

Last Agent to Sell the Property

Chris Burns

TTR Sotheby's International Realty License #650251 Listed on: 06/23/2022

TTR Sotheby's International Realty

Last Buyer's Agent

Marlena McWilliams

CENTURY 21 New Millennium

CENTURY 21 New Millennium

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $959

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 392

HOA Fees

  • $162 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Contemporary Architecture

Interior Spaces

  • 760 Sq Ft Home
  • Property has 1 Level
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • Property is in excellent condition

Listing and Financial Details

  • Assessor Parcel Number //

Community Details

Overview

  • Association fees include insurance, water, sewer, common area maintenance, trash
  • Low-Rise Condominium
  • Anacostia Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$959

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$162 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: Yes
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2022
  • Automatically Close On Close Date: No
  • Remarks Public: SELLER CREDIT AVAILABLE. Brand New Condos @ 1416 22nd Street Condominium | Unit 4 | 1 Bed | 1 Bath | 760 SQF | Parking Available For Sale. Phase 1 now delivering! Welcome to 1416 22nd, a brand-new. 9-unit boutique condominium building with an elevator, low condo fees, contemporary open floor plans, and easy access to 295/395/695/Capitol Hill retail in 5 minutes or less! This ground-up construction project provides an attractive range of buyer options from spacious one bedroom units, 2-level two bedroom residences, and 2-level three bedroom penthouses with private roof decks. These units provide soaring 9'+ ceiling heights, wood and LVP flooring, quartz kitchen and bathroom surfaces, subway tile bathrooms and backsplashes, Whirlpool and LG appliances, and stackable washer/dryer sets. The non-penthouse units share a roof deck space. The building is located on a quiet block and the following shops, restaurants, and bars are all 5 minutes or less away by car: Potomac Ave (Orange/Silver/Blue), Anacostia Metro (Green), Trader Joe's, Safeway, Frager's Hardware, The Roost, Busboys and Poets, Cameo Coffee, Trusty's, Eastern Market, and more. Parking available for sale. Photos are of a different unit with similar floor plan.
  • Washer Dryer Hookups YN: Yes
  • Special Features: NewHome
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 2
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 760
  • Living Area Sq Ft: 760
  • Price Per Sq Ft: 394.73
  • Above Grade Finished Sq Ft: 760
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1416

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
  • Construction Materials: Combination
  • Construction Completed: No
  • 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
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 162.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Fee Includes: Insurance, Water, Sewer, Common Area Maintenance, Trash
  • 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-Galestown-Rumford
  • Zoning: RA-2
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Assessor Parcel Number: //
  • Tax Year: 2022
  • Close Date: 08/15/2022

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2022
Closed on
Aug 12, 2022
Sold by
Iliad Development Llc
Bought by
Palmer Daquan
Seller's Agent
Chris Burns
TTR Sotheby's International Realty
Buyer's Agent
Marlena McWilliams
CENTURY 21 New Millennium
List Price
$314,995
Sold Price
$299,995
Premium/Discount to List
-$15,000
-4.76%
Current Estimated Value
$296,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,995
Avg. Annual Appreciation
-5.79%
Original Mortgage
$257,895
Outstanding Balance
$247,846
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$3,154
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
Palmer Daquan $299,995 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palmer Daquan $104,000
Open Palmer Daquan $257,895
Closed Palmer Daquan $34,901
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2022 08/15/22 Sold $299,995 0.0% $395 / Sq Ft
06/28/2022 06/28/22 Pending -- -- --
06/24/2022 06/24/22 Price Changed $299,995 -4.8% $395 / Sq Ft
06/23/2022 06/23/22 For Sale $314,995 -- $414 / 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 $959 $320,000 $96,000 $224,000
2023 $341 $137,000 $41,100 $95,900
2022 $1,048 $137,000 $41,100 $95,900
2021 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC2056036

Bright MLS

APN: 5562-2004