NOT LISTED FOR SALE

1524 Independence Ave SE Unit 101 Washington, DC 20003

Hill East Neighborhood

Estimated Value: $416,000 - $491,000

2 Beds
2 Baths
860 Sq Ft
$380/mo HOA Fee

Last Sold March 31, 2021

Last sale price $455,000 $529 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,108/month

33 Days on Market

Highlights

  • Traditional Architecture
  • Stainless Steel Appliances
  • Property is in very good condition
  • Wood Flooring
  • Forced Air Heating and Cooling System
  • 5-minute walk to Pocket Park and Playground

About This Home

As of March 2021

Welcome home to this 2 bedroom, 2 bathroom condo in the heart of Hill East. Walking in you will notice the warm wood floors and sunlit open, spacious layout. The kitchen features granite counters and allows for bar seating, stainless steel appliances, a cabinet pantry and over looks the separate dining area. The large living room is the perfect spot to sit back and unwind. The primary bedroom features a walk-in closet and en-suite bathroom with plentiful storage and a standup shower. Washer/dryer in unit. There is one coveted parking space that is included with the sale of this home. Convenience is at your door step! Conveniently located within minutes of two Metros stations (Potomac Ave Metro & Stadium-Armory Station), Lincoln Park, Eastern Market, RFK Development, new Safeway and tons of shopping and restaurants. **photos are virtually staged.

Last Agent to Sell the Property

Eric Broermann

Compass License #SP98361934 Listed on: 01/21/2021

Compass

Co-Listed By

Todd Vassar

Compass License #0225198520

Last Buyer's Agent

Jocelyn Lederman

Compass

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,562

Year Built

  • Built in 1956

Lot Details

  • Property is in very good condition

HOA Fees

  • $380 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

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

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Assigned parking located at #P-4
  • Private Parking
  • Parking Lot
  • Off-Street Parking
  • Surface Parking
  • Parking Space Conveys
  • 1 Assigned Parking Space

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • Association fees include management, reserve funds, water
  • Low-Rise Condominium
  • Old City I Community
  • Hill East Subdivision

Listing and Financial Details

  • Tax Lot 2016
  • Assessor Parcel Number 1072//2016

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,562

Year Built

Built in 1956

Lot Details

0

HOA Fees

$380 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-01-22
  • Year Built: 1956
  • Assigned Parking Space Numbers: P-4
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome home to this 2 bedroom, 2 bathroom condo in the heart of Hill East. Walking in you will notice the warm wood floors and sunlit open, spacious layout. The kitchen features granite counters and allows for bar seating, stainless steel appliances, a cabinet pantry and over looks the separate dining area. The large living room is the perfect spot to sit back and unwind. The primary bedroom features a walk-in closet and en-suite bathroom with plentiful storage and a standup shower. Washer/dryer in unit. There is one coveted parking space that is included with the sale of this home. Convenience is at your door step! Conveniently located within minutes of two Metros stations (Potomac Ave Metro & Stadium-Armory Station), Lincoln Park, Eastern Market, RFK Development, new Safeway and tons of shopping and restaurants. **photos are virtually staged.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer
  • Entry Floor: 1
  • Flooring Type: Wood
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit, Has Laundry, Main Floor
  • Total Sq Ft: 860
  • Living Area Sq Ft: 860
  • Price Per Sq Ft: 534.88
  • Above Grade Finished Sq Ft: 860
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1524

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: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned, Asphalt Driveway, Parking Space Conveys, Private, Surface
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street, Parking Lot
  • Parking Lot Number Of Spaces: 1

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: 380.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Fee Includes: Management, Reserve Funds, Water
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 303710.00
  • Land Assessed Value: 130160.00
  • Property Condition: Very Good
  • Soil Types: Urban Land-Sassafras-Chillum
  • Year Assessed: 2020
  • Zoning: RF1
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16151888
  • Tax Annual Amount: 3562.00
  • Assessor Parcel Number: 1072//2016
  • Tax Lot: 2016
  • Tax Total Finished Sq Ft: 860
  • Tax Year: 2020
  • Close Date: 03/31/2021

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2021
Closed on
Mar 29, 2021
Sold by
Sante Alejandro
Bought by
Ismail Lori
Seller's Agent
Eric Broermann
Compass
Buyer's Agent
Jocelyn Lederman
Compass
List Price
$460,000
Sold Price
$455,000
Premium/Discount to List
-$5,000
-1.09%
Current Estimated Value
$449,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,947
Avg. Annual Appreciation
-0.86%
Original Mortgage
$409,500
Outstanding Balance
$372,615
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$65,653

Purchase Details

Closed on
Nov 16, 2006
Sold by
Investme Independence Ave
Bought by
Sante Alejandro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,872
Interest Rate
6.4%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Ismail Lori $455,000 Kvs Title Llc
Sante Alejandro $376,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ismail Lori $409,500
Previous Owner Sante Alejandro $283,925
Previous Owner Sante Alejandro $296,872
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2021 03/31/21 Sold $455,000 -1.1% $529 / Sq Ft
02/23/2021 02/23/21 Pending -- -- --
01/21/2021 01/21/21 For Sale $460,000 0.0% $535 / Sq Ft
05/08/2018 05/08/18 Rented $2,250 0.0% --
05/08/2018 05/08/18 Under Contract -- -- --
04/11/2018 04/11/18 For Rent $2,250 -- --
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 $2,971 $451,770 $135,530 $316,240
2023 $3,037 $455,960 $136,790 $319,170
2022 $3,081 $454,900 $136,470 $318,430
2021 $3,250 $433,870 $130,160 $303,710
2020 $3,562 $419,060 $125,720 $293,340
2019 $3,522 $414,400 $124,320 $290,080
2018 $3,498 $411,540 $0 $0
2017 $3,342 $393,200 $0 $0
2016 $3,146 $370,170 $0 $0
2015 $2,985 $351,230 $0 $0
2014 -- $323,110 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC503538

Bright MLS

APN: 1072-2016