$499,900
SOLD NOV 9, 2020
1 Bed
1 Bath
871 Sq Ft
$487/mo HOA Fee

Recently Sold

$574 Per Sq Ft

4 Days on Market

Highlights

  • Fitness Center
  • Federal Architecture
  • Wood Flooring
  • Gourmet Kitchen
  • Traditional Floor Plan
  • 3-minute walk to The Park at LeDroit

About This Home

As of May 2022

Modern meets History in this stunning Gage School Loft.  This bright move-in ready condo features 1 Bedroom + Den, 1 Bath and beautiful details throughout.  The stunning arched windows frame the open-concept main living space of this home giving it art studio quality light while being surrounded by lush greenery outside.  The modern kitchen with breakfast bar opening to the high ceilings of the main space provided a convenient yet elegant atmosphere for your everyday life.  The large kitchen is a chef's delight with granite counters and stainless steel appliances and plenty of storage.  In the generous primary bedroom, you'll find a charming exposed brick wall, large walk-in closet, and another set of large windows that stream light in.  Down the wide hall, you?ll find a spacious full bath with a linen closet and soaking tub.  The large den could function as either an office or second bedroom and has a brick feature wall as well.  Outside of Gage School, you'll find a large common green space that is perfect for outdoor picnics with friends or spending a day working outside in the beautiful sunshine. Ledroit Park is nestled just between neighboring U Street, Shaw and Bloomingdale.  With a walk score of 93, convenience of stores, some of DC's best restaurants and transit are just outside your doorstep.  Don't miss the new Whole Foods that was just completed in U Street!

Last Agent to Sell the Property

Eric Broermann

Compass License #SP98361934 Listed on: 09/24/2020

Compass

Co-Listed By

Todd Vassar

Compass License #0225198520

Last Buyer's Agent

Pee Jay Santos

Compass License #676907

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,495

Year Built

  • Built in 1904 | Remodeled in 2007

Lot Details

  • Historic Home
  • Property is in excellent condition

HOA Fees

  • $487 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Federal Architecture
  • Brick Exterior Construction

Interior Spaces

  • 871 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Brick Wall or Ceiling
  • Ceiling height of 9 feet or more
  • Recessed Lighting
  • Window Treatments
  • Combination Dining and Living Room

Kitchen

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

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Stacked Washer and Dryer

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 2075
  • Assessor Parcel Number 3115//2075

Community Details

Overview

  • Association fees include water, sewer, reserve funds, management, common area maintenance
  • Low-Rise Condominium
  • Gage School At Parker Flats Condos
  • Ledroit Park Community
  • Ledroit Park Subdivision

Amenities

  • Common Area

Recreation

  • Fitness Center

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,495

Year Built

Built in 1904 | Remodeled in 2007

Lot Details

0

HOA Fees

$487 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Federal
  • Ownership: Condominium
  • Historic Designation ID: 08001064
  • Historic: Yes
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2020-09-25
  • Year Built: 1904
  • Year Renovated: 2007
  • Automatically Close On Close Date: No
  • Remarks Public: Modern meets History in this stunning Gage School Loft.  This bright move-in ready condo features 1 Bedroom + Den, 1 Bath and beautiful details throughout.  The stunning arched windows frame the open-concept main living space of this home giving it art studio quality light while being surrounded by lush greenery outside.  The modern kitchen with breakfast bar opening to the high ceilings of the main space provided a convenient yet elegant atmosphere for your everyday life.  The large kitchen is a chef's delight with granite counters and stainless steel appliances and plenty of storage.  In the generous primary bedroom, you'll find a charming exposed brick wall, large walk-in closet, and another set of large windows that stream light in.  Down the wide hall, you?ll find a spacious full bath with a linen closet and soaking tub.  The large den could function as either an office or second bedroom and has a brick feature wall as well.  Outside of Gage School, you'll find a large common green space that is perfect for outdoor picnics with friends or spending a day working outside in the beautiful sunshine. Ledroit Park is nestled just between neighboring U Street, Shaw and Bloomingdale.  With a walk score of 93, convenience of stores, some of DC's best restaurants and transit are just outside your doorstep.  Don't miss the new Whole Foods that was just completed in U Street!
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Dryer - Front Loading, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer, Washer - Front Loading, Washer/Dryer Stacked, Water Heater
  • Entry Floor: 1
  • Flooring Type: Wood
  • Interior Amenities: Carpet, Combination Dining/Living, Entry Level Bedroom, Floor Plan - Traditional, Kitchen - Gourmet, Kitchen - Island, Recessed Lighting, Store/Office, Tub Shower, Walk-In Closet(s), Window Treatments, Wood Floors
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall, Brick
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Main Floor, Dryer In Unit, Washer In Unit
  • Total Sq Ft: 871
  • Living Area Sq Ft: 871
  • Price Per Sq Ft: 573.94
  • Above Grade Finished Sq Ft: 871
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2035

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

Garage/Parking

  • Garage: No
  • Type Of Parking: 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: 486.93
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Gage School at Parker Flats
  • HOA Condo Co-Op Amenities: Common Grounds, Exercise Room
  • HOA Condo Co-Op Fee Includes: Water, Sewer, Reserve Funds, Management, Common Area Maintenance
  • 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: 349760.00
  • Land Assessed Value: 149900.00
  • Property Condition: Excellent
  • Soil Types: Urban Land-Beltsville-Chillum
  • Year Assessed: 2019
  • Zoning: RA2
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16151745
  • Tax Annual Amount: 3495.00
  • Assessor Parcel Number: 3115//2075
  • Tax Lot: 2075
  • Tax Total Finished Sq Ft: 871
  • Tax Year: 2019
  • Close Date: 11/09/2020

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2022
Closed on
May 9, 2022
Sold by
Ethan Kerstein
Bought by
Benaiges Travis Christian and Cabrera Eduardo
Seller's Agent
Pee Jay Santos
Compass
Buyer's Agent
Ryan Davila
Compass
List Price
$625,000
Sold Price
$625,000
Current Estimated Value
$526,304

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$98,696
Avg. Annual Appreciation
-5.45%
Original Mortgage
$593,750
Outstanding Balance
$565,386
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
-$43,247

Purchase Details

Listed on
Sep 24, 2020
Closed on
Nov 4, 2020
Sold by
Reines Tracy Danielle and Reines William B
Bought by
Kerstein Ethan and Chan Chelsea
Seller's Agent
Eric Broermann
Compass
Buyer's Agent
Pee Jay Santos
Compass
List Price
$499,900
Sold Price
$499,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.06%
Original Mortgage
$399,920
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 30, 2012
Closed on
Jun 29, 2012
Sold by
Mark O Callahan and Pflugner Sean
Bought by
Reines Tracy D
Seller's Agent
Mansour Abu-Rahmeh
TTR Sotheby's International Realty
Buyer's Agent
Eric Rice
RE/MAX Allegiance
List Price
$389,900
Sold Price
$399,999
Premium/Discount to List
$10,099
2.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.70%
Original Mortgage
$385,999
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
May 1, 2008
Sold by
Gage School Llc
Bought by
Ocallahan Mark and Pflugner Sean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,050
Interest Rate
5.99%
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 $625,000 New Title Company Name
Special Warranty Deed $499,900 Kvs Title Llc
Warranty Deed $399,999 --
Warranty Deed $379,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $593,750 New Conventional
Previous Owner $399,920 New Conventional
Previous Owner $385,999 FHA
Previous Owner $360,050 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2022 05/09/22 Sold $625,000 0.0% $718 / Sq Ft
04/09/2022 04/09/22 Pending -- -- --
04/06/2022 04/06/22 For Sale $625,000 +25.0% $718 / Sq Ft
11/09/2020 11/09/20 Sold $499,900 0.0% $574 / Sq Ft
09/28/2020 09/28/20 Pending -- -- --
09/24/2020 09/24/20 For Sale $499,900 +25.0% $574 / Sq Ft
06/29/2012 06/29/12 Sold $399,999 +2.6% $533 / Sq Ft
04/07/2012 04/07/12 Pending -- -- --
03/30/2012 03/30/12 For Sale $389,900 -- $520 / 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 $3,442 $507,150 $152,140 $355,010
2023 $3,472 $507,190 $152,160 $355,030
2022 $3,381 $490,240 $147,070 $343,170
2021 $3,462 $496,990 $149,100 $347,890
2020 $3,604 $499,660 $149,900 $349,760
2019 $3,496 $486,140 $145,840 $340,300
2018 $3,225 $453,840 $0 $0
2017 $2,939 $438,480 $0 $0
2016 $2,677 $418,600 $0 $0
2015 $2,436 $389,980 $0 $0
2014 -- $331,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC487736

Bright MLS

APN: 3115-2075