NOT LISTED FOR SALE

2242 48th St NW Washington, DC 20007

Berkley Neighborhood

Estimated Value: $1,658,000 - $1,898,000

3 Beds
3.5 Baths
2,505 Sq Ft
$692/Sq Ft Est. Value

Last Sold March 08, 2021

Last sale price $1,490,000 $595 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $10,348/month

5 Days on Market

Highlights

  • Colonial Architecture
  • 2 Fireplaces
  • 1 Car Direct Access Garage
  • Key Elementary School Rated A
  • No HOA
  • 2-minute walk to W Street Park

About This Home

As of March 2021

This is a fabulous opportunity. Ahhhmazing location and great light. Enter the front door having passed thorugh a front garden filled with various native plants and flowers. You'll find a gracious foyer and powder room off the entry. Three beds Two Baths upstairs plus a large room (with full bath) in the lower level with outside separate entrance could be used as a fourth bedroom and is a lovely spot for guests. The lower level also has lots of storage and a laundry room. Off street parking and a roomy one car attached garage add to the convenience. The kitchen features granite counters and stainless appliances and has an exit door to the side/back yard. A formal dining room looks out onto the back patio. The living room features a fireplace and floor-to-ceiling windows, and you will enjoy the sunroom leading to the back yard for your morning coffee/tea. The totally-fenced back yard has an expansive flagstone patio and brick/flagstone steps leading up to a landscaped back yard. Close to gourmet restaurants all along MacArthur Boulevard. You will love nearby parks such as Battery Kemble and Foxhall playground (just down the street!) The great commute to Georgetown or downtown makes the package complete.

Last Agent to Sell the Property

Ellie Shorb

Compass License #0225091415 Listed on: 02/11/2021

Compass

Last Buyer's Agent

William Hirzy

Redfin Corp License #5005482

Redfin Corp

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,205

Year Built

  • Built in 1951

Lot Details

  • 6,750 Sq Ft Lot
  • Back Yard Fenced
  • Property is in very good condition

Parking

  • 1 Car Direct Access Garage
  • Basement Garage
  • Front Facing Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • 2 Fireplaces

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Improved Basement

  • Heated Basement
  • Walk-Out Basement
  • Connecting Stairway
  • Exterior Basement Entry
  • Basement with some natural light

Outdoor Features

  • Patio

Schools

  • Key Elementary School
  • Hardy Middle School
  • Jackson-Reed High School

Utilities

  • Central Air
  • Radiator
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Berkley Subdivision

Listing and Financial Details

  • Tax Lot 27
  • Assessor Parcel Number 1395//0027

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,205

Year Built

Built in 1951

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2021-02-12
  • Federal Flood Zone: No
  • Year Built: 1951
  • Automatically Close On Close Date: No
  • Remarks Public: This is a fabulous opportunity. Ahhhmazing location and great light. Enter the front door having passed thorugh a front garden filled with various native plants and flowers. You'll find a gracious foyer and powder room off the entry. Three beds Two Baths upstairs plus a large room (with full bath) in the lower level with outside separate entrance could be used as a fourth bedroom and is a lovely spot for guests. The lower level also has lots of storage and a laundry room. Off street parking and a roomy one car attached garage add to the convenience. The kitchen features granite counters and stainless appliances and has an exit door to the side/back yard. A formal dining room looks out onto the back patio. The living room features a fireplace and floor-to-ceiling windows, and you will enjoy the sunroom leading to the back yard for your morning coffee/tea. The totally-fenced back yard has an expansive flagstone patio and brick/flagstone steps leading up to a landscaped back yard. Close to gourmet restaurants all along MacArthur Boulevard. You will love nearby parks such as Battery Kemble and Foxhall playground (just down the street!) The great commute to Georgetown or downtown makes the package complete.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Water Heater
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Connecting Stairway, Daylight, Partial, Heated, Improved, Outside Entrance, Walkout Level
  • Total Sq Ft: 2911
  • Living Area Sq Ft: 2505
  • Price Per Sq Ft: 670.60
  • Above Grade Finished Sq Ft: 1864
  • Below Grade Finished Sq Ft: 641
  • Below Grade Sq Ft: 406
  • Total Below Grade Sq Ft: 1047
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2242

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry, Basement Garage, Inside Access
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • Elementary School: KEY
  • Middle School: HARDY
  • High School: JACKSON-REED
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121140357950
  • School District Source: Listing Agent
  • Elementary School: KEY
  • High School: JACKSON-REED
  • Middle Or Junior School: HARDY

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Fencing: Rear
  • Improvement Assessed Value: 449960.00
  • Land Assessed Value: 764240.00
  • Lot Size Acres: 0.15
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6750.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Very Good
  • Soil Types: Urban Land-Manor-Glenelg
  • Year Assessed: 2020
  • Zoning: RESIDENTIAL
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16111694
  • Tax Annual Amount: 10205.00
  • Assessor Parcel Number: 1395//0027
  • Tax Lot: 27
  • Tax Total Finished Sq Ft: 2505
  • Tax Year: 2020
  • Close Date: 03/08/2021

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2021
Closed on
Mar 5, 2021
Sold by
Volkman Eric S and Burman Kendall C
Bought by
Laufer John Arthur and Soto Frances Karina
Seller's Agent
Ellie Shorb
Compass
Buyer's Agent
William Hirzy
Redfin Corp
List Price
$1,250,000
Sold Price
$1,490,000
Premium/Discount to List
$240,000
19.2%
Current Estimated Value
$1,733,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,200
Avg. Annual Appreciation
1.87%
Original Mortgage
$1,043,000
Outstanding Balance
$939,215
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$680,003

Purchase Details

Closed on
Jul 6, 1998
Sold by
Bader Virginia P F
Bought by
Petersen Jorgen H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,200
Interest Rate
7.04%
Mortgage Type
New Conventional
Source: Public Records

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 Buyer Sale Price Title Company
Laufer John Arthur $1,490,000 Paragon Title & Escrow Co
Petersen Jorgen H $389,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Laufer John Arthur $1,043,000
Previous Owner Volkman Eric S $325,000
Previous Owner Volkman Eric S $768,000
Previous Owner Volkman Eric S $94,250
Previous Owner Petersen Jorgen H $311,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2021 03/08/21 Sold $1,490,000 +19.2% $595 / Sq Ft
02/16/2021 02/16/21 Pending -- -- --
02/11/2021 02/11/21 For Sale $1,250,000 -- $499 / 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 $11,721 $1,481,480 $811,820 $669,660
2023 $10,679 $1,449,530 $783,810 $665,720
2022 $9,753 $1,226,160 $768,020 $458,140
2021 $9,996 $1,214,200 $764,240 $449,960
2020 $10,206 $1,200,700 $763,630 $437,070
2019 $9,981 $1,174,190 $734,940 $439,250
2018 $9,824 $1,155,810 $0 $0
2017 $9,384 $1,103,950 $0 $0
2016 $9,269 $1,090,420 $0 $0
2015 $8,959 $1,053,990 $0 $0
2014 $8,740 $1,028,230 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ellie Shorb

    Seller's Agent in 2021

    Ellie Shorb

    Compass

    (240) 338-8919

    2 in this area

    56 Total Sales

    Ellie Shorb
    Section Image
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Map

Source: Bright MLS

MLS Number: DCDC505498

Bright MLS

APN: 1395-0027

District of Columbia District of Columbia County Washington 20007 Berkley

2242 48th St NW, Washington, DC

This home is located at 2242 48th St NW, Washington, DC 20007 since 11 February 2021 and is currently estimated at $1,733,200, approximately $691 per square foot. This property was built in 1951. 2242 48th St NW is a home located in District of Columbia with nearby schools including Key Elementary School, Hardy Middle School, and Jackson Reed High School.

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