NOT LISTED FOR SALE

Estimated Value: $135,000 - $214,000

1 Bed
1 Bath
623 Sq Ft
$286/mo HOA Fee

Last Sold February 01, 2022

Last sale price $150,000 $241 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,210/month

Highlights

  • Penthouse
  • Federal Architecture
  • 90% Forced Air Heating and Cooling System

About This Home

As of February 2022

We are pleased to present to market a lovely investment opportunity, turn-key in every aspect, and currently tenant occupied, with a tenant that would be happy to stay! Just imagine, the perfect investment opportunity - acquire and collect profit on Day-1!

Welcome to Fairfax Village, home to one of DC's best kept secrets. This 1 bedroom 1 bath condo has been completely remodeled top to bottom, featuring an open concept floor-plan, new bright kitchen, brand-new 100% hardwood floors, a remodeled bathroom, and to top it off, a full kitchen with tons of cabinetry, updated hardware and fixtures, gorgeous stainless steel appliances, and new high-end quartz countertops with island.

Conveniently located 15 minutes from Downtown DC, and a 5 minutes drive to Suitland Parkway, this perfect condo offers in unit laundry and a unit-controlled HVAC system. With super low condo fees, this a quintessential investment for the savvy investor. This is one you don't want to miss!

Investor buyer's only, as tenants wish to stay until the lease expires, September 2022.

Last Agent to Sell the Property

Ronald Edwards

(202) 696-9154 ron.david@compass.com Compass Listed on: 11/19/2021

Compass

Last Buyer's Agent

Ronald Edwards

(202) 696-9154 ron.david@compass.com Compass Listed on: 11/19/2021

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $776

Year Built

  • Built in 1940

Lot Details

  • 1,089

HOA Fees

  • $286 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Penthouse
  • Federal Architecture
  • Entry on the 1st floor
  • Brick Exterior Construction

Interior Spaces

  • 623 Sq Ft Home
  • Property has 3 Levels
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • 90% Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Public Septic

Listing and Financial Details

  • Tax Lot 2045
  • Assessor Parcel Number 5673//2045

Community Details

Overview

  • Association fees include common area maintenance, water
  • Low-Rise Condominium
  • Hillcrest Community
  • Hill Crest Subdivision

Amenities

  • Common Area

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Condominium

Est. Annual Taxes

$776

Year Built

Built in 1940

Lot Details

0

HOA Fees

$286 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Federal
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1940
  • Automatically Close On Close Date: No
  • Remarks Public: We are pleased to present to market a lovely investment opportunity, turn-key in every aspect, and currently tenant occupied, with a tenant that would be happy to stay! Just imagine, the perfect investment opportunity - acquire and collect profit on Day-1! Welcome to Fairfax Village, home to one of DC's best kept secrets. This 1 bedroom 1 bath condo has been completely remodeled top to bottom, featuring an open concept floor-plan, new bright kitchen, brand-new 100% hardwood floors, a remodeled bathroom, and to top it off, a full kitchen with tons of cabinetry, updated hardware and fixtures, gorgeous stainless steel appliances, and new high-end quartz countertops with island. Conveniently located 15 minutes from Downtown DC, and a 5 minutes drive to Suitland Parkway, this perfect condo offers in unit laundry and a unit-controlled HVAC system. With super low condo fees, this a quintessential investment for the savvy investor. This is one you don't want to miss! Investor buyer's only, as tenants wish to stay until the lease expires, September 2022.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Levels Count: 3
  • Basement: No
  • Total Sq Ft: 623
  • Living Area Sq Ft: 623
  • Price Per Sq Ft: 240.77
  • Above Grade Finished Sq Ft: 623
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2110

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: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: 90% Forced Air, Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Septic, Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 285.77
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Water
  • HOA: Yes
  • 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: 70600.00
  • Land Assessed Value: 30250.00
  • Soil Types: Unknown
  • Year Assessed: 2019
  • Zoning: R1
  • In City Limits: Yes

Rental Info

  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16100483
  • Tax Annual Amount: 776.00
  • Assessor Parcel Number: 5673//2045
  • Tax Lot: 2045
  • Tax Year: 2019
  • Close Date: 02/01/2022

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2020
Closed on
Jun 10, 2020
Sold by
Boykins Andre
Bought by
Wallace Thomas and Wallace Darius Laron
Seller's Agent
Tierra Willard
Keller Williams Preferred Properties
Buyer's Agent
Jennifer Smira
Compass
List Price
$115,000
Sold Price
$125,500
Premium/Discount to List
$10,500
9.13%
Current Estimated Value
$157,385

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,885
Avg. Annual Appreciation
1.79%
Original Mortgage
$119,225
Outstanding Balance
$106,150
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$31,726

Purchase Details

Closed on
Aug 14, 2002
Sold by
Washington Mutual Bank
Bought by
Boykins Andre

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
6.48%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Wallace Thomas $125,500 Kvs Title Llc
Boykins Andre $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wallace Thomas $119,225
Previous Owner Boykins Andre $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2022 02/01/22 Sold $150,000 0.0% $241 / Sq Ft
01/06/2022 01/06/22 Price Changed $150,000 +1.4% $241 / Sq Ft
01/02/2022 01/02/22 Pending -- -- --
11/19/2021 11/19/21 For Sale $147,900 +17.8% $237 / Sq Ft
06/10/2020 06/10/20 Sold $125,500 +9.1% $201 / Sq Ft
05/22/2020 05/22/20 For Sale $115,000 -- $185 / 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 $1,118 $146,710 $44,010 $102,700
2023 $1,122 $146,710 $44,010 $102,700
2022 $902 $119,890 $35,970 $83,920
2021 $262 $110,410 $33,120 $77,290
2020 $857 $100,850 $30,250 $70,600
2019 $777 $91,390 $27,420 $63,970
2018 $711 $83,650 $0 $0
2017 $713 $83,860 $0 $0
2016 $715 $84,140 $0 $0
2015 $593 $69,820 $0 $0
2014 -- $69,820 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DCDC2021868

Bright MLS

APN: 5673-2045