NOT LISTED FOR SALE

Estimated Value: $604,000

2 Beds
2 Baths
970 Sq Ft
$206/mo HOA Fee

Last Sold October 19, 2021

Last sale price $580,000 $598 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,709/month

Highlights

  • Den
  • En-Suite Primary Bedroom
  • Forced Air Heating and Cooling System
  • Living Room

About This Home

As of October 2021

$5000 SELLER CREDIT TOWARDS BUYER'S CLOSING COSTS! Another championship collaboration by renowned architecture firm, R. Michael Cross Design, and Evolution Investment Group! 1948 3rd Street Condominium is home to five spacious and expertly crafted residences in the heart of Eckington. Each unit has been perfected with contemporary finishes throughout including premium Samsung appliances, quartz surfaces, imported tile, and matte black hardware / plumbing fixtures. All units feature ample private outdoor space that has been fully enclosed and secured. The building can be monitored by residents with Nest security cameras in the front and rear, which provide peace of mind and the ability to provide remote access for deliveries or guests. Units A & B each feature a split-level configuration with one bedroom + den and two full bathrooms on the main level, along with a lower-level in-law suite with private exterior entrance, full ensuite bathroom, and wet bar. Units C & D are single-level units each with one bedroom + den, allowing plenty of space for a flexible work-from home dynamic. Parking is available for sale.

The condominium is transit-friendly, situated just a short walk to the Metropolitan Branch Trail and the Rhode Island Ave-Brentwood Metro Station (servicing the Red line). The upcoming Bryant Street Development is just an 8-minute walk away and will feature 250,000 sq. ft. of retail space, including the highly anticipated Alamo Drafthouse Cinema, Union Kitchen, a food hall, rock-climbing gym, and the recently opened MetroBar.

All final inspections have been passed - C of O is pending.

Last Agent to Sell the Property

Chris Burns

(202) 251-7465 listings@burnsandnoble.com TTR Sotheby's International Realty License #650251 Listed on: 07/22/2021

TTR Sotheby's International Realty

Last Buyer's Agent

John Coleman

(202) 427-9689 john@jasonmartingroup.com Real Broker, LLC

Real Broker, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,611

Year Built

  • Built in 1942

Lot Details

  • 1,045

HOA Fees

  • $206 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Brick Exterior Construction

Interior Spaces

  • 970 Sq Ft Home
  • Property has 1 Level
  • Living Room
  • Den

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Parking

  • On-Street Parking
  • Parking Lot

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 3565//2094

Community Details

Overview

  • Association fees include insurance, common area maintenance, trash
  • 5 Units
  • Low-Rise Condominium
  • Eckington Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,611

Year Built

Built in 1942

Lot Details

0

HOA Fees

$206 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-07-22
  • Year Built: 1942
  • Automatically Close On Close Date: Yes
  • Remarks Public: $5000 SELLER CREDIT TOWARDS BUYER'S CLOSING COSTS! Another championship collaboration by renowned architecture firm, R. Michael Cross Design, and Evolution Investment Group! 1948 3rd Street Condominium is home to five spacious and expertly crafted residences in the heart of Eckington. Each unit has been perfected with contemporary finishes throughout including premium Samsung appliances, quartz surfaces, imported tile, and matte black hardware / plumbing fixtures. All units feature ample private outdoor space that has been fully enclosed and secured. The building can be monitored by residents with Nest security cameras in the front and rear, which provide peace of mind and the ability to provide remote access for deliveries or guests. Units A & B each feature a split-level configuration with one bedroom + den and two full bathrooms on the main level, along with a lower-level in-law suite with private exterior entrance, full ensuite bathroom, and wet bar. Units C & D are single-level units each with one bedroom + den, allowing plenty of space for a flexible work-from home dynamic. Parking is available for sale. The condominium is transit-friendly, situated just a short walk to the Metropolitan Branch Trail and the Rhode Island Ave-Brentwood Metro Station (servicing the Red line). The upcoming Bryant Street Development is just an 8-minute walk away and will feature 250,000 sq. ft. of retail space, including the highly anticipated Alamo Drafthouse Cinema, Union Kitchen, a food hall, rock-climbing gym, and the recently opened MetroBar. All final inspections have been passed - C of O is pending.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 2
  • Levels Count: 1
  • Room List: Living Room, Primary Bedroom, Kitchen, Den, Bathroom 1, Primary Bathroom
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 970
  • Living Area Sq Ft: 970
  • Price Per Sq Ft: 576.28
  • Above Grade Finished Sq Ft: 970
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1948

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
  • Construction Materials: Brick, Combination
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot, 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: 206.14
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Fee Includes: Insurance, 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

  • Soil Types: Urban Land-Cristiana-Sunnysider
  • Zoning: RF-1
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Assessor Parcel Number: 16064114
  • Assessor Parcel Number: 3565//2094
  • Tax Year: 2021
  • Close Date: 10/19/2021

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2021
Closed on
Oct 13, 2021
Sold by
1948 3Rd Street Ne Llc
Bought by
Swarztrauber Sayre Evan
Seller's Agent
Chris Burns
TTR Sotheby's International Realty
Buyer's Agent
John Coleman
Real Broker, LLC
List Price
$558,995
Sold Price
$580,000
Premium/Discount to List
$21,005
3.76%
Current Estimated Value
$604,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,000
Avg. Annual Appreciation
1.02%
Original Mortgage
$522,000
Outstanding Balance
$476,015
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$127,985
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
Swarztrauber Sayre Evan $580,000 Community Title Network Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swarztrauber Sayre Evan $522,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/19/2021 10/19/21 Sold $580,000 +3.8% $598 / Sq Ft
09/16/2021 09/16/21 Pending -- -- --
09/07/2021 09/07/21 Price Changed $558,995 0.0% $576 / Sq Ft
09/07/2021 09/07/21 For Sale $558,995 -3.6% $576 / Sq Ft
08/19/2021 08/19/21 Off Market $580,000 -- --
07/22/2021 07/22/21 For Sale $584,995 0.0% $603 / Sq Ft
07/21/2021 07/21/21 Price Changed $584,995 -- $603 / 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 $3,611 $527,050 $158,110 $368,940
2023 $3,985 $567,500 $170,250 $397,250
2022 $4,038 $567,500 $170,250 $397,250
2021 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC2005106

Bright MLS

APN: 3565-2094