NOT LISTED FOR SALE

1427 Rhode Island Ave NW Unit 604 Washington, DC 20005

Logan Circle Neighborhood

Estimated Value: $1,260,000

2 Beds
2 Baths
1,500 Sq Ft
$958/mo HOA Fee

Last Sold August 10, 2022

Last sale price $1,320,000 $880 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $8,732/month

30 Days on Market

Highlights

  • Concierge
  • Gourmet Kitchen
  • Open Floorplan
  • Ross Elementary School Rated A
  • City View
  • 4-minute walk to Logan Circle

About This Home

As of August 2022

1427 Rhode Island Avenue NW, or The Elysium, is a recently delivered (2017) luxury Condominium located just a block away from Logan’s Circle. Unit #604 is a two-bedroom, two-bathroom corner unit boasting high-end finishes and chic designs. Just off the front door, you arrive in the spacious entry foyer featuring gleaming hardwood floors, soaring 9’ ceilings, and recessed lighting which is offered throughout the home, with a conveniently located coat closet and access to the laundry room. Down the hall on the right, you’ll pass the second full bathroom and arrive in the open-concept kitchen. The gourmet kitchen is fully equipped with Thermador and Bosch appliances, Poggenpohl cabinets, Calcutta vintage quartz countertops, and an island with seating for four – perfect for spreading out with a laptop and working from home or enjoying a casual meal. The dining area flows beautifully off the kitchen and has a handsome custom-made built-in bar making entertaining a breeze. To the left of the kitchen is the spacious living room offering several large windows and a balcony with north-western exposure flooding the home with natural light and showcasing gorgeous views of The Washington National Cathedral.

The second bedroom can be accessed by the living room, or from the hallway bathroom, and features tastefully textured wallpaper, chic wall sconces, ample natural light, and a large walk-in closet. At the rear of the home, away from the main living area providing privacy when entertaining, is the owner’s suite featuring two spacious walk-in closets and a luxurious bathroom with Porcelanosa tile, a separate soaking tub, frameless glass door shower, double vanity with storage, and Waterworks fixtures. Sophisticatedly decorated design choices by Cameron Ruppert Interiors, featured in Domino, Wall Street Journal, House Beautiful, and The Washington Post, are also presented throughout this home. You can have it all with this house – location, space, luxury, and comfort!?Don’t miss your chance to call this beautiful house in a wonderful neighborhood your new home!

Last Listed By

Nate Guggenheim

Washington Fine Properties, LLC License #SP98364671 Listed on: 06/02/2022

Washington Fine Properties, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,087

Year Built

  • Built in 2017

Lot Details

  • Downtown Location
  • Northeast Facing Home
  • Property is in excellent condition

HOA Fees

  • $958 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Contemporary Architecture
  • Brick Foundation

Interior Spaces

  • 1,500 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Built-In Features
  • Bar
  • Crown Molding
  • Ceiling height of 9 feet or more
  • Recessed Lighting
  • Double Pane Windows
  • Double Hung Windows
  • Living Room
  • Combination Kitchen and Dining Room
  • Wood Flooring
  • City Views

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Gas Oven or Range
  • Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Wine Rack
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Soaking Tub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Front Loading Dryer
  • Front Loading Washer

Home Security

  • Home Security System
  • Exterior Cameras

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Balcony
  • Exterior Lighting

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater
  • Municipal Trash
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 2387
  • Assessor Parcel Number 0210//2387

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, gas, insurance, management, snow removal, trash, water
  • Building Winterized
  • Mid-Rise Condominium
  • Elysium Logan Condos
  • Elysium Logan Community
  • Logan Circle Subdivision
  • Property Manager

Amenities

  • Concierge
  • Common Area

Pet Policy

  • Dogs and Cats Allowed

Security

  • Front Desk in Lobby

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,087

Year Built

Built in 2017

Lot Details

0

HOA Fees

$958 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Contemporary
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Exclusions: SEE SELLER DISCLOSURES - AVAILABLE FROM AGENT, PLEASE EMAIL
  • Historic: No
  • Inclusions: SEE SELLER DISCLOSURES - AVAILABLE FROM AGENT, PLEASE EMAIL
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2017
  • Automatically Close On Close Date: No
  • Building Winterized: Yes
  • Remarks Public: 1427 Rhode Island Avenue NW, or The Elysium, is a recently delivered (2017) luxury Condominium located just a block away from Logan’s Circle. Unit #604 is a two-bedroom, two-bathroom corner unit boasting high-end finishes and chic designs. Just off the front door, you arrive in the spacious entry foyer featuring gleaming hardwood floors, soaring 9’ ceilings, and recessed lighting which is offered throughout the home, with a conveniently located coat closet and access to the laundry room. Down the hall on the right, you’ll pass the second full bathroom and arrive in the open-concept kitchen. The gourmet kitchen is fully equipped with Thermador and Bosch appliances, Poggenpohl cabinets, Calcutta vintage quartz countertops, and an island with seating for four – perfect for spreading out with a laptop and working from home or enjoying a casual meal. The dining area flows beautifully off the kitchen and has a handsome custom-made built-in bar making entertaining a breeze. To the left of the kitchen is the spacious living room offering several large windows and a balcony with north-western exposure flooding the home with natural light and showcasing gorgeous views of The Washington National Cathedral. The second bedroom can be accessed by the living room, or from the hallway bathroom, and features tastefully textured wallpaper, chic wall sconces, ample natural light, and a large walk-in closet. At the rear of the home, away from the main living area providing privacy when entertaining, is the owner’s suite featuring two spacious walk-in closets and a luxurious bathroom with Porcelanosa tile, a separate soaking tub, frameless glass door shower, double vanity with storage, and Waterworks fixtures. Sophisticatedly decorated design choices by Cameron Ruppert Interiors, featured in Domino, Wall Street Journal, House Beautiful, and The Washington Post, are also presented throughout this home. You can have it all with this house – location, space, luxury, and comfort! Don’t miss your chance to call this beautiful house in a wonderful neighborhood your new home!
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer - Front Loading, Exhaust Fan, Microwave, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer - Front Loading
  • Entry Floor: 6
  • Flooring Type: Hardwood
  • Interior Amenities: Bar, Breakfast Area, Built-Ins, Combination Kitchen/Dining, Crown Moldings, Dining Area, Entry Level Bedroom, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Pantry, Primary Bath(s), Recessed Lighting, Soaking Tub, Stall Shower, Walk-In Closet(s), Window Treatments, Wine Storage, Wood Floors
  • Window Features: Double Hung, Double Pane
  • Fireplace: No
  • Wall Ceiling Types: 9'+ Ceilings, High
  • Foundation Details: Brick/Mortar
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Laundry, Primary Bathroom
  • Basement: No
  • Laundry Type: Has Laundry, Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1500
  • Living Area Sq Ft: 1500
  • Price Per Sq Ft: 900.00
  • Above Grade Finished Sq Ft: 1500
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1427

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Block
  • Exterior Features: Exterior Lighting, Sidewalks
  • Spa: No
  • View: City
  • 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: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Desk In Lobby, Exterior Cameras, Main Entrance Lock, Security System
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Natural Gas Available, Water Available, Sewer Available, Phone Available
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 957.68
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: ELYSIUM LOGAN
  • HOA Condo Co-Op Amenities: Common Grounds, Concierge, Elevator
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Gas, Insurance, Management, Snow Removal, Trash, Water
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Outdoor Living Structures: Balcony
  • Property Condition: Excellent
  • Soil Types: Urban Land Not Rated
  • Year Assessed: 2021
  • Zoning: PER DC RECORDS
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Tax Annual Amount: 10087.00
  • Assessor Parcel Number: 0210//2387
  • Tax Lot: 2387
  • Tax Total Finished Sq Ft: 1446
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 08/10/2022

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 8, 2024
Sold by
Giesler Michael F and Brandt Allison R
Bought by
Giesler Brandt Living Trust and Giesler
Total Days on Market
30
Current Estimated Value
$1,260,000

Purchase Details

Listed on
Jun 2, 2022
Closed on
Aug 10, 2022
Sold by
1427 Rhode Island Ctp Llc
Bought by
Giesler Michael F and Brandt Allison R
Seller's Agent
Nate Guggenheim
Washington Fine Properties, LLC
Buyer's Agent
Jeff Wilson
TTR Sotheby's International Realty
List Price
$1,350,000
Sold Price
$1,320,000
Premium/Discount to List
-$30,000
-2.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.58%
Original Mortgage
$1,056,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 30, 2018
Closed on
Dec 27, 2018
Sold by
1427 Rhode Island Llc
Bought by
1427 Rhode Island Ctp Llc
Seller's Agent
Nate Guggenheim
Washington Fine Properties, LLC
Buyer's Agent
Nate Guggenheim
Washington Fine Properties, LLC
List Price
$1,299,000
Sold Price
$1,200,000
Premium/Discount to List
-$99,000
-7.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.67%
Original Mortgage
$453,200
Interest Rate
4.8%
Mortgage Type
New Conventional

Range of Values:

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Average Value
Not Available
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
Giesler Brandt Living Trust -- None Listed On Document
Giesler Michael F $1,320,000 Commonwealth Land Title
1427 Rhode Island Ctp Llc $1,200,000 District Title A Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Giesler Michael F $1,056,000
Previous Owner 1427 Rhode Island Ctp Llc $453,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2022 08/10/22 Sold $1,320,000 -2.2% $880 / Sq Ft
07/02/2022 07/02/22 Pending -- -- --
06/02/2022 06/02/22 For Sale $1,350,000 +3.9% $900 / Sq Ft
12/30/2018 12/30/18 For Sale $1,299,000 +8.3% $870 / Sq Ft
12/27/2018 12/27/18 Sold $1,200,000 -- $804 / Sq Ft
12/13/2018 12/13/18 Pending -- -- --
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 $9,454 $1,214,440 $364,330 $850,110
2023 $4,679 $1,214,440 $364,330 $850,110
2022 $10,206 $1,214,440 $364,330 $850,110
2021 $10,087 $1,200,000 $360,000 $840,000
2020 $11,790 $1,387,000 $416,100 $970,900
2019 $11,790 $1,387,000 $416,100 $970,900
Source: Public Records

Agents Affiliated with this Home

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Source: Bright MLS

MLS Number: DCDC2052484

Bright MLS

APN: 0210-2387