NOT LISTED FOR SALE

1708 1/2 Summit Place NW Washington, DC 20009

Adams Morgan Neighborhood

Estimated Value: $708,000 - $1,049,000

2 Beds
2.5 Baths
1,265 Sq Ft
$394/mo HOA Fee

Last Sold November 16, 2020

Last sale price $1,095,000 $866 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $5,703/month

3 Days on Market

Highlights

  • Gourmet Kitchen
  • Contemporary Architecture
  • Combination Kitchen and Living
  • Open Floorplan
  • Wood Flooring
  • 5-minute walk to Rabaut Park

About This Home

As of November 2020

Unique, gorgeous and meticulously renovated, this 2 BR, 2.5 BA three-level home is ideal for indoor/outdoor living. The property features 2 master bedrooms, both with remarkable ensuite bathrooms, walk-in closets, and private decks. The gourmet kitchen features floor-to-ceiling glass-panel cabinetry topped with beautiful white quartz and modern stainless-steel appliances. The open concept living/dining room leads directly to a large outdoor patio. The living room has hardwood floors and a stylish stone surround wood-burning fireplace. You'll appreciate the distinctive craftmanship and exquisite finishes throughout the property. The outdoor spaces are unparalleled, with a huge private roof deck that is truly an entertainer's dream. Your urban garden, outdoor dining, and indoor/outdoor living awaits! This serene setting makes it hard to believe you're in the middle of the city - but this is a conveniently located private oasis; only a short walk to popular restaurants, shops, entertainment, Metro, Rock Creek Park, and the National Zoo. This home includes a separately deeded garage parking space. View 3D Tour Here: http://my.matterport.com/show/?m=bqc5QALmNbA

Last Agent to Sell the Property

Joseph Freeman

(202) 256-5453 joe@freemangroupdc.com McWilliams/Ballard, Inc. License #SP98376995 Listed on: 10/01/2020

McWilliams/Ballard, Inc.

Last Buyer's Agent

Marjorie Dick Stuart

(240) 731-8079 marjorie@marjoriedickstuart.com Coldwell Banker Realty - Washington License #SP65953

Coldwell Banker Realty - Washington

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,214

Year Built

  • Built in 1994

Lot Details

  • Extensive Hardscape
  • Parking Spot 2011//2582
  • Property is in excellent condition

HOA Fees

  • $394 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Basement Garage

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • 1,265 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Built-In Features
  • Recessed Lighting
  • Corner Fireplace
  • Wood Burning Fireplace
  • Screen For Fireplace
  • Stone Fireplace
  • Window Treatments
  • Combination Kitchen and Living
  • Home Security System

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Electric Oven or Range
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Cedar Closet
  • Walk-In Closet

Laundry

  • Laundry on upper level
  • Electric Dryer

Outdoor Features

  • Exterior Lighting
  • Outdoor Storage
  • Outdoor Grill

Schools

  • Oyster-Adams Bilingual Elementary And Middle School
  • Jackson-Reed High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 2004
  • Assessor Parcel Number 2582//2004

Community Details

Overview

  • $788 Capital Contribution Fee
  • Association fees include insurance, exterior building maintenance, electricity, management, reserve funds, sewer
  • 6 Units
  • Low-Rise Condominium
  • Summit Place Condos
  • Summit Place Community
  • Lanier Heights Subdivision
  • Property Manager

Amenities

  • Picnic Area
  • Common Area

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,214

Year Built

Built in 1994

Lot Details

0

HOA Fees

$394 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • Home Warranty: No
  • Inclusions: Chandeliers, Fireplace Equipment, Window Treatments
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Expected On Market: 2020-10-01
  • Federal Flood Zone: No
  • Year Built: 1994
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Icemaker, Oven/Range - Electric
  • Entry Floor: 1
  • Flooring Type: Hardwood, Carpet, Stone
  • Interior Amenities: Breakfast Area, Built-Ins, Cedar Closet(s), Carpet, Combination Kitchen/Living, Floor Plan - Open, Kitchen - Gourmet, Recessed Lighting, Upgraded Countertops, Walk-In Closet(s), Window Treatments, Wood Floors
  • Fireplace Features: Corner, Screen, Stone, Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3
  • Room List: Living Room, Bedroom 2, Kitchen, Bedroom 1, Bathroom 2, Primary Bathroom, Half Bath
  • Basement: No
  • Laundry Type: Upper Floor
  • Total Sq Ft: 1265
  • Living Area Sq Ft: 1265
  • Price Per Sq Ft: 865.61
  • Above Grade Finished Sq Ft: 1265
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 1.00
  • Upper Level 2 Bathrooms: 1.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Secure Storage, Exterior Lighting, Extensive Hardscape, Bbq Grill
  • Roof: Rubber
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Basement Garage
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 394.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Summit Place
  • HOA Condo Co-Op Amenities: Common Grounds, Picnic Area
  • HOA Condo Co-Op Fee Includes: Insurance, Ext Bldg Maint, Electricity, Management, Reserve Funds, Sewer
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Capital Contribution Fee: 788.00

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: OYSTER-ADAMS BILINGUAL SCHOOL
  • High School: JACKSON-REED
  • Middle Or Junior School: OYSTER-ADAMS BILINGUAL SCHOOL

Lot Info

  • Horses: No
  • Additional Parcels: Yes
  • Additional Parcels Description: Parking Spot 2011//2582
  • Improvement Assessed Value: 441230.00
  • Land Assessed Value: 189100.00
  • Property Condition: Excellent
  • Soil Types: Urban Land-Sassafras-Chillum
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

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

  • Assessor Parcel Number: 16135887
  • Tax Annual Amount: 4214.00
  • Assessor Parcel Number: 2582//2004
  • Tax Lot: 2004
  • Tax Year: 2019

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2020
Closed on
Nov 16, 2020
Sold by
Brown Daniel C
Bought by
Ganelli Giovanni and Takahashi Chie
Seller's Agent
Joseph Freeman
McWilliams/Ballard, Inc.
Buyer's Agent
Marjorie Dick Stuart
Coldwell Banker Realty - Washington
List Price
$1,095,000
Sold Price
$1,095,000
Current Estimated Value
$912,582

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$182,418
Avg. Annual Appreciation
-3.54%
Original Mortgage
$876,000
Outstanding Balance
$777,735
Interest Rate
2.8%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$134,847
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ganelli Giovanni $1,095,000 Capitol Title Group
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ganelli Giovanni $876,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/16/2020 11/16/20 Sold $1,095,000 0.0% $866 / Sq Ft
10/05/2020 10/05/20 Pending -- -- --
10/02/2020 10/02/20 For Sale $1,095,000 0.0% $866 / Sq Ft
10/01/2020 10/01/20 Off Market $1,095,000 -- --
10/01/2020 10/01/20 For Sale $1,095,000 -- $866 / 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
2025 $6,108 $1,083,430 $325,030 $758,400
2024 $5,566 $1,093,790 $328,140 $765,650
2023 $5,076 $1,016,020 $304,810 $711,210
2022 $4,656 $640,270 $258,580 $381,690
2021 $5,005 $640,270 $192,080 $448,190
2020 $4,629 $630,330 $189,100 $441,230
2019 $4,215 $594,890 $178,470 $416,420
2018 $3,844 $525,620 $0 $0
2017 $3,827 $522,670 $0 $0
2016 $3,670 $503,460 $0 $0
2015 $3,553 $531,920 $0 $0
2014 $3,239 $501,030 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joseph Freeman

    Seller's Agent in 2020

    Joseph Freeman

    McWilliams/Ballard, Inc.

    (202) 256-5453

    3 in this area

    45 Total Sales

    Joseph Freeman
    Section Image
  • Marjorie Dick Stuart

    Buyer's Agent in 2020

    Marjorie Dick Stuart

    Coldwell Banker (NRT-Southeast-MidAtlantic)

    (240) 731-8079

    3 in this area

    101 Total Sales

    Marjorie Dick Stuart
    Section Image
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Map

Source: Bright MLS

MLS Number: DCDC489052

Bright MLS

APN: 2582-2004

District of Columbia District of Columbia County Washington 20009 Adams Morgan

1708 1/2 Summit Place NW, Washington, DC

Not Listed for Sale

Condos

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