NOT LISTED FOR SALE

Estimated Value: $569,425 - $585,000

1 Bed
1.5 Baths
895 Sq Ft
$668/mo HOA Fee

Last Sold September 14, 2021

Last sale price $582,500 $651 Per Sq Ft

Current estimated payment $4,116/month

5 Days on Market

Highlights

  • Fitness Center
  • 1-minute walk to U Street
  • Open Floorplan
  • Garrison Elementary School Rated 9+
  • Gourmet Kitchen
  • 2-minute walk to Harrison Recreation Center

About This Home

As of September 2021

Unit 702 at 2020 Lofts offers a rare opportunity to own a desirably located, high floor one bedroom and den condo in the exciting U Street Corridor. The well-equipped kitchen is outfitted with stainless steel GE appliances including a gas range, granite countertops, and an island. It is located across from the powder room and open-area den (this can be enclosed to create a separate room). The living/dining room feature wood floors throughout and impressive floor-to-ceiling windows that meet dramatic 10-foot ceilings, lending to a sense of spaciousness and presenting amazing afternoon sunlight and an enviable skyline view from the unit’s western exposure. Enjoy brilliant evening sunsets and the glowing nighttime cityscape (as well as the spectacular Fourth of July fireworks display over the Washington Monument) from the quiet and comfort of your home. A unique, curved wall and sliding door separate the bedroom which is large enough to accommodate a king bed and features a walk-in closet with an elfa storage system and an en-suite bathroom with a soaking tub. 2020 Lofts is a full-service luxury building with a staffed front desk, on-site property manager, business center, fitness room, and party room. The rooftop has a grilling area, lounge seating, and sweeping views of Washington, D.C. The monthly condo fee pays for water, cable TV, and high-speed internet. Enjoy living just one block from the U Street Metro as well as a short walk to the Florida Avenue Whole Foods Market. Garage parking (P3-110) and a large, private storage room convey.

Last Agent to Sell the Property

Matthew Koerber

(202) 744-0139 matt@mattkoerber.com TTR Sotheby's International Realty License #SP98376771 Listed on: 07/29/2021

TTR Sotheby's International Realty

Last Buyer's Agent

Wendy Banner

(301) 365-9090 Wendy@BannerTeam.com Compass License #0225162224

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,470

Year Built

  • Built in 2005

Lot Details

  • East Facing Home
  • Sprinkler System
  • Property is in excellent condition

HOA Fees

  • $668 Monthly HOA Fees

Parking

  • Assigned parking located at #110
  • Parking Storage or Cabinetry
  • Private Parking
  • Front Facing Garage
  • Garage Door Opener
  • Parking Space Conveys

Home Design

  • Contemporary Architecture
  • Entry on the 7th floor
  • Brick Exterior Construction
  • Masonry

Interior Spaces

  • 895 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling Fan
  • Double Pane Windows
  • Window Screens
  • Den

Kitchen

  • Gourmet Kitchen
  • Gas Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

Eco-Friendly Details

  • Energy-Efficient Appliances

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Vented Exhaust Fan
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 2121
  • Assessor Parcel Number 0273//2121

Community Details

Overview

  • Association fees include air conditioning, cable TV, common area maintenance, exterior building maintenance, heat, high speed internet, insurance, lawn maintenance, management, parking fee, reserve funds, sewer, snow removal, trash, water
  • 146 Units
  • High-Rise Condominium
  • 2020 Lofts Condos, Phone Number (202) 332-6222
  • Built by The Bush Companies
  • Old City II Community
  • U Street Corridor Subdivision
  • Property Manager

Amenities

  • Fax or Copying Available
  • Party Room
  • 2 Elevators

Recreation

Pet Policy

  • Dogs and Cats Allowed

Security

  • Security Service
  • Front Desk in Lobby
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,470

Year Built

Built in 2005

Lot Details

0

HOA Fees

$668 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-07-30
  • Year Built: 2005
  • Assigned Parking Space Numbers: 110
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Energy Efficient Appliances, Exhaust Fan, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer
  • Entry Floor: 7
  • Flooring Type: Wood
  • Interior Amenities: Carpet, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Entry Level Bedroom, Flat, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Pantry, Sprinkler System, Upgraded Countertops, Walk-In Closet(s), Wood Floors
  • Window Features: Double Pane, Screens
  • Fireplace: No
  • Elevators Count: 2
  • Levels Count: 1
  • Room List: Den
  • Basement: No
  • Laundry Type: Has Laundry, Washer In Unit, Dryer In Unit, Main Floor
  • Total Sq Ft: 895
  • Living Area Sq Ft: 895
  • Price Per Sq Ft: 659.22
  • Above Grade Finished Sq Ft: 895
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Concrete, Masonry, Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned, Limited Common Elements, Parking Space Conveys, Private
  • Garage Features: Additional Storage Area, Covered Parking, Garage - Front Entry, Garage Door Opener, Underground
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Central, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Desk In Lobby, Smoke Detector, Sprinkler System - Indoor
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 668.13
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: 2020 Lofts
  • Condo Co-Op Phone: (202) 332-6222
  • HOA Condo Co-Op Amenities: Elevator, Exercise Room, Extra Storage, Fax/Copying, Fitness Center, Party Room, Reserved/Assigned Parking, Security
  • HOA Condo Co-Op Fee Includes: Air Conditioning, Cable Tv, Common Area Maintenance, Ext Bldg Maint, Heat, High Speed Internet, Insurance, Lawn Maintenance, Management, Parking Fee, Reserve Funds, Sewer, Snow Removal, Trash, Water
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 434090.00
  • Land Assessed Value: 186040.00
  • Property Condition: Excellent
  • Soil Types: Urban Land Not Rated
  • Zoning: ARTS-4
  • In City Limits: Yes

Building Info

  • Builder Name: The Bush Companies

Rental Info

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

Tax Info

  • Assessor Parcel Number: 16147573
  • Tax Annual Amount: 4470.00
  • Assessor Parcel Number: 0273//2121
  • Tax Lot: 2121
  • Tax Year: 2020

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2021
Closed on
Sep 8, 2021
Sold by
Anderson Michael Temple
Bought by
Chung Kwan Y
Seller's Agent
Matthew Koerber
TTR Sotheby's International Realty
Buyer's Agent
Wendy Banner
Compass
List Price
$590,000
Sold Price
$582,500
Premium/Discount to List
-$7,500
-1.27%
Current Estimated Value
$579,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,644
Avg. Annual Appreciation
-0.11%
Original Mortgage
$466,000
Outstanding Balance
$422,455
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$157,401

Purchase Details

Listed on
Jun 15, 2017
Closed on
Jul 10, 2017
Sold by
Pollard Andrea
Bought by
Anderson Michael Temple
Seller's Agent
Robert Crawford
TTR Sotheby's International Realty
Buyer's Agent
Susan Isaacs
Compass
List Price
$499,900
Sold Price
$540,000
Premium/Discount to List
$40,100
8.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.83%
Original Mortgage
$405,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 8, 2005
Sold by
12Th Street Development A
Bought by
Pollard Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Interest Rate
5.92%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chung Kwan Y $582,500 Paragon Title & Escrow Co
Anderson Michael Temple $540,000 Kvs Title Llc
Pollard Andrea $457,225 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chung Kwan Y $466,000
Previous Owner Anderson Michael Temple $405,000
Previous Owner Pollard Andrea $238,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/14/2021 09/14/21 Sold $582,500 -1.3% $651 / Sq Ft
08/03/2021 08/03/21 Pending -- -- --
07/29/2021 07/29/21 For Sale $590,000 +9.3% $659 / Sq Ft
07/10/2017 07/10/17 Sold $540,000 +8.0% $612 / Sq Ft View Prior Sale
06/16/2017 06/16/17 Pending -- -- --
06/15/2017 06/15/17 For Sale $499,900 -- $566 / 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 $4,738 $573,020 $171,910 $401,110
2024 $5,108 $616,170 $184,850 $431,320
2023 $5,148 $620,320 $186,100 $434,220
2022 $5,361 $644,430 $193,330 $451,100
2021 $4,509 $620,130 $186,040 $434,090
2020 $4,470 $601,630 $180,490 $421,140
2019 $4,542 $609,180 $182,750 $426,430
2018 $4,391 $589,880 $0 $0
2017 $4,914 $578,100 $0 $0
2016 $4,664 $548,740 $0 $0
2015 $4,408 $518,620 $0 $0
2014 -- $484,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC2006334

Bright MLS

APN: 0273-2121