$384,900
SOLD APR 26, 2024
1 Bed
1 Bath
604 Sq Ft
$502/mo HOA Fee

Recently Sold

$637 Per Sq Ft

1% Below List Price

53 Days on Market

Highlights

  • Beaux Arts Architecture
  • Wood Flooring
  • 1 Elevator
  • Marie Reed Elementary School Rated A-
  • High Ceiling
  • 5-minute walk to Ontario Road Playground

About This Home

As of April 2024

*** PRICE ADJUSTMENT *** Welcome to residence four, a charming charming oasis within the Balfour Condominium. A predominant structure situated at the nexus of 16th and U streets NW, this condo is one of 53-units behind its beaux-arts facade. Upon entering this one bedroom condo you are welcomed by a delightful blend of old-world charm with original exposed brick walls while also offering modern comfort such as updated flooring, luxury European style bathroom with heated towel rack and of course the ever so sought after central HVAC & in-unit washer/dryer. The large kitchen is a true culinary dream boasting updated stainless steel appliances and solid surface counters. Residence four is one of the larger floor plans within the elevator building with bike storage and additional storage units are available. Don’t miss this rare opportunity to own a unit within the storied Balfour with its rich history capturing the essence of old-world charm while offering all the modern conveniences you desire. Truly urban living at its finest within the Nation's Capital.

Last Agent to Sell the Property

Justin Noble

TTR Sotheby's International Realty License #SP98378473 Listed on: 01/10/2024

TTR Sotheby's International Realty

Last Buyer's Agent

Will Lindsey

Real Broker, LLC - Gaithersburg License #5005339

Real Broker, LLC - Gaithersburg

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,998

Year Built

  • Built in 1900

HOA Fees

  • $502 Monthly HOA Fees

Home Design

  • Beaux Arts Architecture
  • Brick Exterior Construction
  • Stone Siding

Interior Spaces

  • 604 Sq Ft Home
  • High Ceiling
  • Recessed Lighting
  • Wood Flooring

Kitchen

  • Electric Oven or Range
  • Range Hood
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Public Septic

Listing and Financial Details

  • Assessor Parcel Number 0175//2045

Community Details

Overview

  • Association fees include common area maintenance, custodial services maintenance, exterior building maintenance, insurance, management, reserve funds, sewer, snow removal, trash, water
  • 52 Units
  • Mid-Rise Condominium
  • The Balfour Community
  • U Street Corridor Subdivision
  • Property Manager
  • Property has 6 Levels

Amenities

  • 1 Elevator
  • Community Storage Space

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,998

Year Built

Built in 1900

Lot Details

0

HOA Fees

$502 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Beaux Arts
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: *** PRICE ADJUSTMENT *** Welcome to residence four, a charming charming oasis within the Balfour Condominium. A predominant structure situated at the nexus of 16th and U streets NW, this condo is one of 53-units behind its beaux-arts facade. Upon entering this one bedroom condo you are welcomed by a delightful blend of old-world charm with original exposed brick walls while also offering modern comfort such as updated flooring, luxury European style bathroom with heated towel rack and of course the ever so sought after central HVAC & in-unit washer/dryer. The large kitchen is a true culinary dream boasting updated stainless steel appliances and solid surface counters. Residence four is one of the larger floor plans within the elevator building with bike storage and additional storage units are available. Don’t miss this rare opportunity to own a unit within the storied Balfour with its rich history capturing the essence of old-world charm while offering all the modern conveniences you desire. Truly urban living at its finest within the Nation's Capital.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Water Heater, Washer, Stainless Steel Appliances, Refrigerator, Range Hood, Oven/Range - Electric, Dryer
  • Flooring Type: Hardwood
  • Interior Amenities: Recessed Lighting, Wood Floors
  • Elevators Count: 1
  • Wall Ceiling Types: High
  • Levels Count: 6
  • Basement: No
  • Total Sq Ft: 604
  • Living Area Sq Ft: 604
  • Price Per Sq Ft: 637.25
  • Above Grade Finished Sq Ft: 604
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2000

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, Concrete, Stone
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

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 Septic
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 501.96
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Elevator, Extra Storage
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Custodial Services Maintenance, Ext Bldg Maint, Insurance, Management, Reserve Funds, Sewer, Snow Removal, Trash, Water
  • 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-Sassafras-Chillum
  • Zoning: RA-4
  • In City Limits: Yes

Rental Info

  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 2998.00
  • Assessor Parcel Number: 0175//2045
  • Tax Year: 2022
  • Close Date: 04/26/2024

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2024
Closed on
Apr 29, 2024
Sold by
Catoe Lee Oscar and Speer Charles William
Bought by
Allen John Michael
Seller's Agent
Justin Noble
TTR Sotheby's International Realty
Buyer's Agent
Will Lindsey
Real Broker, LLC - Gaithersburg
List Price
$389,900
Sold Price
$384,900
Premium/Discount to List
-$5,000
-1.28%
Views
83
Current Estimated Value
$407,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,807
Avg. Annual Appreciation
4.79%
Original Mortgage
$351,000
Outstanding Balance
$347,659
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$60,048

Purchase Details

Listed on
May 21, 2021
Closed on
Jun 28, 2021
Sold by
Rothblum Brian S
Bought by
Catoe Lee Oscar and Speer Charles William
Seller's Agent
Randy LiVorsi
Compass
Buyer's Agent
Frederick Sales
Compass
List Price
$350,000
Sold Price
$350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.43%
Original Mortgage
$280,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Nov 18, 2016
Closed on
Jan 19, 2017
Sold by
Vogt Adam
Bought by
Rothblum Brian S
Seller's Agent
Adam Vogt
Keller Williams Capital Properties
Buyer's Agent
Avery Boyce
Compass
List Price
$274,900
Sold Price
$285,000
Premium/Discount to List
$10,100
3.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.72%
Original Mortgage
$274,811
Interest Rate
4.13%
Mortgage Type
VA

Purchase Details

Closed on
Jul 6, 2004
Sold by
Delap Jan S
Bought by
Vogt Adam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,000
Interest Rate
5.73%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $384,900 Rgs Title
Special Warranty Deed $350,000 Kvs Title Llc
Special Warranty Deed $285,000 Kvs Title Llc
Warranty Deed $237,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $351,000 New Conventional
Previous Owner $280,000 Purchase Money Mortgage
Previous Owner $274,811 VA
Previous Owner $194,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2024 04/26/24 Sold $384,900 0.0% $637 / Sq Ft
03/03/2024 03/03/24 Pending -- -- --
01/24/2024 01/24/24 Price Changed $384,900 -1.3% $637 / Sq Ft
01/10/2024 01/10/24 For Sale $389,900 +11.4% $646 / Sq Ft
07/01/2021 07/01/21 Sold $350,000 0.0% $579 / Sq Ft
06/01/2021 06/01/21 Pending -- -- --
05/21/2021 05/21/21 For Sale $350,000 +22.8% $579 / Sq Ft
01/20/2017 01/20/17 Sold $285,000 +3.7% $472 / Sq Ft
11/19/2016 11/19/16 Pending -- -- --
11/18/2016 11/18/16 For Sale $274,900 -- $455 / 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 $2,172 $357,760 $107,330 $250,430
2023 $2,157 $352,410 $105,720 $246,690
2022 $2,998 $366,510 $109,950 $256,560
2021 $2,223 $351,150 $105,340 $245,810
2020 $2,210 $335,670 $100,700 $234,970
2019 $2,148 $327,600 $98,280 $229,320
2018 $2,272 $340,650 $0 $0
2017 $2,274 $339,920 $0 $0
2016 $2,756 $324,210 $0 $0
2015 $2,665 $313,480 $0 $0
2014 -- $295,460 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC2124078

Bright MLS

APN: 0175-2045