$456,000 - $588,000
RENTED JUL 15, 2025
1 Bed
1 Bath
590 Sq Ft
218 Sq Ft Lot

Last Sold July 24, 2019

Last sale price $480,000 $814 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,962/month

Highlights

  • Contemporary Architecture
  • Wood Flooring
  • No HOA
  • Ross Elementary School Rated A
  • 1 Fireplace
  • 4-minute walk to Stead Park

About This Home

As of July 2025

Ready for immediate move in! This updated sunny one-bedroom, one-bathroom condo at Rainbow Lofts boasts a private outdoor area, perfect for relaxation or entertaining. Inside, you'll find hardwood floors that gleam throughout. The kitchen features state-of-the-art stainless steel appliances with a new refrigerator, stylish Italian cabinetry, and a granite countertop. The bathroom offers a luxurious spa-like atmosphere.

Convenience is key with a new in-unit washer and dryer. Step outside onto the spacious, private patio, ideal for hosting outdoor dinners and enjoying the fresh air. Rainbow Lofts also offers fantastic amenities, including a community roof deck with stunning views of the bustling Logan Circle neighborhood, as well as secure bike storage.

With a stellar walk score of 97, this location is a walker's paradise. You'll be mere steps away from 14th street, Whole Foods, trendy shops, and acclaimed restaurants, ensuring you're always at the heart of the action. Rental parking options available nearby!

Last Agent to Rent the Property

Jeff Chreky

Compass Listed on: 06/10/2025

Compass

Last Renter's Agent

Kevin Rowe

Compass

Compass

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,552

Year Built

  • Built in 1929

Lot Details

  • 218

Parking

  • On-Street Parking

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 590 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace
  • Wood Flooring
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

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

Listing and Financial Details

  • Residential Lease
  • Security Deposit $2,500
  • 12-Month Min and 24-Month Max Lease Term
  • Available 6/10/25
  • $50 Application Fee
  • Assessor Parcel Number 0209//2128

Community Details

Overview

  • No Home Owners Association
  • Association fees include water, trash, snow removal, common area maintenance, management
  • Mid-Rise Condominium
  • Old City 2 Community
  • Logan Circle Subdivision

Amenities

  • Common Area
  • Elevator

Pet Policy

  • Pet Deposit $500
  • Dogs and Cats Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,552

Year Built

Built in 1929

Lot Details

0

Rental Info

  • Date Available: 2025-06-10
  • Application Fee: 50.00
  • Pet Deposit: 500.00
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Security Deposit: 2500.00
  • Vacation Rental: No
  • Max Lease in Months: 24
  • Min Lease in Months: 12
  • Rent Spree Online Application: No

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Contemporary
  • New Construction: No
  • Story List: Main
  • Year Built: 1929
  • Automatically Close On Close Date: No
  • Remarks Public: Ready for immediate move in! This updated sunny one-bedroom, one-bathroom condo at Rainbow Lofts boasts a private outdoor area, perfect for relaxation or entertaining. Inside, you'll find hardwood floors that gleam throughout. The kitchen features state-of-the-art stainless steel appliances with a new refrigerator, stylish Italian cabinetry, and a granite countertop. The bathroom offers a luxurious spa-like atmosphere. Convenience is key with a new in-unit washer and dryer. Step outside onto the spacious, private patio, ideal for hosting outdoor dinners and enjoying the fresh air. Rainbow Lofts also offers fantastic amenities, including a community roof deck with stunning views of the bustling Logan Circle neighborhood, as well as secure bike storage. With a stellar walk score of 97, this location is a walker's paradise. You'll be mere steps away from 14th street, Whole Foods, trendy shops, and acclaimed restaurants, ensuring you're always at the heart of the action. Rental parking options available nearby!
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Flooring Type: Hardwood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 590
  • Living Area Sq Ft: 590
  • Price Per Sq Ft: 4.24
  • Above Grade Finished Sq Ft: 590
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1445

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
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Common Grounds, Elevator
  • HOA Condo Co-Op Fee Includes: Water, Trash, Snow Removal, Common Area Maintenance, Management
  • HOA: No
  • Senior Community: No

Schools

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

Lot Info

  • Zoning: RES
  • In City Limits: Yes

Tax Info

  • Assessor Parcel Number: 0209//2128
  • Close Date: 07/15/2025

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2019
Closed on
Jul 22, 2019
Sold by
Marvasti Kevin and Marvasti Mehdi A
Bought by
Gebbie Thomas J
Seller's Agent
Kathleen Eder
Compass
Buyer's Agent
Margaret Babbington
Compass
List Price
$465,000
Sold Price
$480,000
Premium/Discount to List
$15,000
3.23%
Current Estimated Value
$482,722

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,722
Avg. Annual Appreciation
0.95%
Original Mortgage
$480,000
Interest Rate
3.8%
Mortgage Type
VA

Purchase Details

Closed on
May 29, 2008
Sold by
Mooney Kevin
Bought by
Marvasti Kevan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,950
Interest Rate
6.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 3, 2004
Sold by
Rainbow Lofts Llc
Bought by
Moony Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,920
Interest Rate
5.63%
Mortgage Type
New Conventional
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
Gebbie Thomas J $480,000 Allied Title & Escrow Llc
Marvasti Kevan $343,000 --
Moony Kevin $269,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gebbie Thomas J $455,900
Closed Gebbie Thomas J $480,000
Previous Owner Marvasti Kevan $210,000
Previous Owner Marvasti Kevan $202,950
Previous Owner Moony Kevin $215,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2025 07/15/25 Rented $2,500 0.0% --
06/17/2025 06/17/25 Under Contract -- -- --
06/10/2025 06/10/25 For Rent $2,500 0.0% --
07/24/2019 07/24/19 Sold $480,000 +3.2% $762 / Sq Ft
06/24/2019 06/24/19 Pending -- -- --
06/20/2019 06/20/19 For Sale $465,000 -- $738 / 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 $3,552 $520,150 $156,040 $364,110
2023 $3,526 $513,510 $154,050 $359,460
2022 $3,295 $497,110 $149,130 $347,980
2021 $3,007 $480,000 $144,000 $336,000
2020 $2,842 $410,020 $123,010 $287,010
2019 $2,744 $397,650 $119,290 $278,360
2018 $2,961 $421,690 $0 $0
2017 $2,919 $417,340 $0 $0
2016 $2,660 $397,200 $0 $0
2015 $2,420 $384,050 $0 $0
2014 -- $330,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC2202476

Bright MLS

APN: 0209-2128