NOT LISTED FOR SALE

Estimated Value: $409,000 - $463,620

1 Bed
1.5 Baths
670 Sq Ft
$269/mo HOA Fee

Last Sold June 15, 2021

Last sale price $420,000 $627 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,869/month

Highlights

  • Wood Flooring
  • Stainless Steel Appliances
  • Walk-In Closet
  • Oyster-Adams Bilingual School Rated A-
  • Double Pane Windows
  • 2-minute walk to Marie Reed Recreation Center

About This Home

As of June 2021

This 2 level 1 bedroom 1.5 bath condo has been lovingly maintained and features a large sunny bedroom with en-suite bathroom, spacious walk-in closet, and an in-unit washer/dryer. The unit boasts generous natural light, granite/stainless steel kitchen and sleek mid-century cabinets with a pass-through/counter seating area, as well as, a floor to ceiling bay window. The Madrid offers a furnished roof deck and indoor bicycle storage. 1 assigned off-street parking space and additional storage space will convey with the unit. Welcome Home!

Last Agent to Sell the Property

Chris Sanders

(703) 447-0440 chris@chrissandersgroup.com Century 21 Redwood Realty Listed on: 03/22/2021

Century 21 Redwood Realty

Last Buyer's Agent

Thomas Snow

(202) 805-0879 thomas@townsendsnowandco.com Real Broker, LLC License #SP98372436

Real Broker, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,292

Year Built

  • Built in 1908

Lot Details

  • 305

HOA Fees

  • $269 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Brick Exterior Construction

Interior Spaces

  • 670 Sq Ft Home
  • Property has 2 Levels
  • Double Pane Windows
  • Window Treatments
  • Entrance Foyer
  • Living Room

Kitchen

  • Stove
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • Bathtub with Shower

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • 1 Off-Street Space
  • Assigned parking located at #13
  • Parking Lot
  • 1 Assigned Parking Space

Schools

  • Marie Reed Elementary School
  • Deal Middle School
  • Jackson-Reed High School

Utilities

  • Heat Pump System
  • Vented Exhaust Fan
  • Natural Gas Water Heater

Additional Features

  • Doors are 32 inches wide or more
  • East Facing Home

Listing and Financial Details

  • Tax Lot 2050
  • Assessor Parcel Number 2552//2050

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, management, reserve funds, sewer, snow removal, trash, water
  • 49 Units
  • Mid-Rise Condominium
  • The Madrid Condos, Phone Number (202) 320-7220
  • Kalorama Community
  • Adams Morgan Subdivision
  • Property Manager

Amenities

  • Common Area
  • Community Storage Space

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,292

Year Built

Built in 1908

Lot Details

0

HOA Fees

$269 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Bi-Level
  • Accessibility Features: 32"+ Wide Doors
  • Ownership: Condominium
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1908
  • Assigned Parking Space Numbers: 13
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: This 2 level 1 bedroom 1.5 bath condo has been lovingly maintained and features a large sunny bedroom with en-suite bathroom, spacious walk-in closet, and an in-unit washer/dryer. The unit boasts generous natural light, granite/stainless steel kitchen and sleek mid-century cabinets with a pass-through/counter seating area, as well as, a floor to ceiling bay window. The Madrid offers a furnished roof deck and indoor bicycle storage. 1 assigned off-street parking space and additional storage space will convey with the unit. Welcome Home!
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Refrigerator, Stainless Steel Appliances, Stove, Washer
  • Entry Floor: 1
  • Flooring Type: Hardwood, Carpet
  • Interior Amenities: Carpet, Tub Shower, Walk-In Closet(s), Window Treatments
  • Window Features: Double Pane
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Floors In Unit Count: 2
  • Levels Count: 2
  • Room List: Living Room, Kitchen, Foyer, Bedroom 1, Bathroom 1, Bathroom 2
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit, Upper Floor
  • Total Sq Ft: 670
  • Living Area Sq Ft: 670
  • Price Per Sq Ft: 619.40
  • Above Grade Finished Sq Ft: 670
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2300

Beds/Baths

  • Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper 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

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street, Parking Lot
  • Off Street Parking Spaces: 1

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 269.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: The Madrid
  • Condo Co-Op Phone: 202-320-7220
  • HOA Condo Co-Op Amenities: Common Grounds, Extra Storage
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Management, Reserve Funds, Sewer, Snow Removal, Trash, Water
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • Elementary School: MARIE REED
  • Middle School: DEAL
  • High School: JACKSON-REED
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121140357950
  • School District Source: 3rd Party
  • Elementary School: MARIE REED
  • High School: JACKSON-REED
  • Middle Or Junior School: DEAL

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 277330.00
  • Land Assessed Value: 118860.00
  • Soil Types: Urban Land-Sassafras-Chillum
  • Year Assessed: 2020
  • Zoning: RES
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 16034311
  • Tax Annual Amount: 3292.00
  • Assessor Parcel Number: 2552//2050
  • Tax Lot: 2050
  • Tax Total Finished Sq Ft: 623
  • Tax Year: 2020
  • Close Date: 06/15/2021

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2021
Closed on
Jun 3, 2021
Sold by
Odorico Paolo D
Bought by
White Ariel Belle
Seller's Agent
Chris Sanders
Century 21 Redwood Realty
Buyer's Agent
Thomas Snow
Real Broker, LLC
List Price
$425,000
Sold Price
$420,000
Premium/Discount to List
-$5,000
-1.18%
Current Estimated Value
$433,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,155
Avg. Annual Appreciation
0.71%
Original Mortgage
$378,000
Outstanding Balance
$342,232
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$90,923

Purchase Details

Closed on
Aug 9, 2018
Sold by
D'Odorico Paolo
Bought by
D'Odorico Paolo

Purchase Details

Listed on
Oct 6, 2015
Closed on
Jan 11, 2016
Sold by
Mclemore Barbara R and Burke Mclemore R
Bought by
D'Odorico Paolo
Seller's Agent
Ron Sitrin
Long & Foster Real Estate, Inc.
Buyer's Agent
Chris Sanders
Century 21 Redwood Realty
List Price
$379,000
Sold Price
$339,000
Premium/Discount to List
-$40,000
-10.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.54%
Original Mortgage
$254,250
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 1998
Sold by
Sparling + John C
Bought by
Reed Andrew T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,600
Interest Rate
6.9%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
White Ariel Belle $420,000 Kvs Title Llc
D'Odorico Paolo -- None Available
D'Odorico Paolo $339,000 None Available
Reed Andrew T $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open White Ariel Belle $378,000
Previous Owner D'Odorico Paolo $254,250
Previous Owner Reed Andrew T $92,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/15/2021 06/15/21 Sold $420,000 +1.2% $627 / Sq Ft
05/09/2021 05/09/21 Pending -- -- --
04/22/2021 04/22/21 Price Changed $415,000 -2.4% $619 / Sq Ft
03/22/2021 03/22/21 For Sale $425,000 +25.4% $634 / Sq Ft
01/13/2016 01/13/16 Sold $339,000 -5.6% $522 / Sq Ft View Prior Sale
12/06/2015 12/06/15 Pending -- -- --
11/02/2015 11/02/15 Price Changed $359,000 -5.3% $552 / Sq Ft
10/06/2015 10/06/15 For Sale $379,000 -- $583 / 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 $3,630 $442,180 $132,650 $309,530
2023 $3,565 $434,060 $130,220 $303,840
2022 $3,310 $403,220 $120,970 $282,250
2021 $3,255 $396,190 $118,860 $277,330
2020 $3,292 $387,300 $116,190 $271,110
2019 $3,145 $369,980 $110,990 $258,990
2018 $3,145 $369,980 $0 $0
2017 $3,126 $367,730 $0 $0
2016 $2,995 $352,400 $0 $0
2015 $3,002 $353,210 $0 $0
2014 -- $325,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC513140

Bright MLS

APN: 2552-2050