Seller's Agent in 2022
Shaye Zakotnik
Washington Fine Properties, LLC
(301) 775-1874
6 in this area
55 Total Sales
2300 18th St NW Unit 206 Washington, DC 20009
Adams Morgan NeighborhoodEstimated Value: $407,000 - $456,452
1
Bed
1
Bath
650
Sq Ft
$239/mo
HOA Fee
Highlights
- Gourmet Kitchen
- Traditional Floor Plan
- Wood Flooring
- Oyster-Adams Bilingual School Rated A-
- Traditional Architecture
- 2-minute walk to Marie Reed Recreation Center
About This Home
As of December 2022Welcome to unit 206 at The Madrid. A highly desirable building located on the popular 18th Street of Adams Morgan. Perfectly positioned in the rear of the building, unit 206 is an attractive 1 bed/ 1 bath condo that offers an ideal location without concerns of street noise, a stunning updated, light-filled interior, a new top-of-the-line wall HVAC system and Bosch Dishwasher (2022), in-unit washer/dryer, a separate storage unit, bike storage, a rooftop deck with breathtaking views of the city, and low condo fees with flexibility for investors to rent (6-month lease terms min. & no investor cap!)
Upon entry, one is greeted with a sun-filled interior, hardwood floors, modern amenities, and an open-concept living space. A sizable renovated chef’s kitchen offers ample counter space, custom cabinetry, wonderful storage, stunning tile backsplash, stainless steel appliances, and an open pass-through with a counter-high bartop great for entertaining. The perfect kitchen for those who enjoy the culinary arts or entertaining. Flooded in natural light, the well-appointed living room offers space for dining, living, and a small workspace. In the nearby fully-tiled bathroom, a combination tub and shower afford versatility with an In-unit stackable washer/dryer that completes the picture of ultimate practicality. The sizable bedroom is located in the rear corner of the unit and features custom closets.
Situated in the heart of Adams Morgan with a walk score of 99, this condo is walkable to the shops, restaurants and public transit found in Dupont Circle, Georgetown, Mount Pleasant, and Columbia Heights. Just mere minutes to the metro, multiple bus lines, and a short drive to Reagan National Airport, The Madrid offers an incomparable location for owner-occupants, investors, or the perfect pied-a-terre.
Last Agent to Sell the Property
(301) 775-1874 shaye.zakotnik@wfp.com Washington Fine Properties, LLC License #0225242240 Listed on: 10/20/2022
Last Buyer's Agent
(301) 775-1874 shaye.zakotnik@wfp.com Washington Fine Properties, LLC License #0225242240 Listed on: 10/20/2022
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,353
Year Built
- Built in 1908
Lot Details
- 1 Common Wall
- Property is in excellent condition
HOA Fees
- $239 Monthly HOA Fees
Parking
- On-Street Parking
Home Design
- Traditional Architecture
- Entry on the 2nd floor
- Brick Exterior Construction
Interior Spaces
- 650 Sq Ft Home
- Property has 4 Levels
- Traditional Floor Plan
- Recessed Lighting
- Window Treatments
- Combination Dining and Living Room
- Wood Flooring
Kitchen
- Gourmet Kitchen
- Electric Oven or Range
- Built-In Microwave
- Dishwasher
- Stainless Steel Appliances
- Upgraded Countertops
- Disposal
Bedrooms and Bathrooms
- 1 Main Level Bedroom
- 1 Full Bathroom
Laundry
- Laundry in unit
- Stacked Electric Washer and Dryer
Schools
- Oyster-Adams Bilingual Elementary And Middle School
- Jackson-Reed High School
Utilities
- Cooling System Mounted In Outer Wall Opening
- Wall Furnace
- Electric Water Heater
- Phone Available
- Cable TV Available
Listing and Financial Details
- Tax Lot 2054
- Assessor Parcel Number 2552//2054
Community Details
Overview
- Association fees include common area maintenance, exterior building maintenance, insurance, management, reserve funds, sewer, snow removal, trash, water
- Low-Rise Condominium
- The Madrid Condos
- The Madrid Condo Community
- Kalorama/Adams Morgan Subdivision
- Property Manager
Amenities
- Community Storage Space
Pet Policy
- Dogs and Cats Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 20, 2022
Closed on
Dec 9, 2022
Sold by
Risteen Daniel
Bought by
Anouk Pechevy
Seller's Agent
Shaye Zakotnik
Washington Fine Properties, LLC
Buyer's Agent
Shaye Zakotnik
Washington Fine Properties, LLC
List Price
$449,000
Sold Price
$437,500
Premium/Discount to List
-$11,500
-2.56%
Views
8
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,887
Avg. Annual Appreciation
-0.72%
Original Mortgage
$354,800
Outstanding Balance
$344,153
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$84,460
Purchase Details
Listed on
Jun 17, 2021
Closed on
Jun 30, 2021
Sold by
Michalopoulos Efstathios N
Bought by
Risteen Daniel
Seller's Agent
Yianni KONSTANTOPOULOS
TTR Sotheby's International Realty
Buyer's Agent
Shaye Zakotnik
Washington Fine Properties, LLC
List Price
$425,000
Sold Price
$430,000
Premium/Discount to List
$5,000
1.18%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.21%
Original Mortgage
$322,500
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Nov 28, 2018
Closed on
Feb 8, 2019
Sold by
Brannigan Philip J and Bolduc Samantha G
Bought by
Michalopoulos Efstathios N
Seller's Agent
Chelsea Traylor
Redfin Corp
Buyer's Agent
Yianni KONSTANTOPOULOS
TTR Sotheby's International Realty
List Price
$425,000
Sold Price
$415,000
Premium/Discount to List
-$10,000
-2.35%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.50%
Original Mortgage
$390,000
Interest Rate
4.4%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 17, 2016
Closed on
May 25, 2016
Sold by
Herrera Rhett A
Bought by
Branningan Philip J and Bolduc Samantha G
Seller's Agent
Tricia Driscoll
Long & Foster Real Estate, Inc.
Buyer's Agent
Lou Vivas
Long & Foster Real Estate, Inc.
List Price
$399,000
Sold Price
$385,000
Premium/Discount to List
-$14,000
-3.51%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.79%
Original Mortgage
$343,250
Interest Rate
3.58%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 27, 2005
Sold by
Heyl Stephen G
Bought by
Herrera Rhett A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
5.54%
Mortgage Type
New Conventional
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Anouk Pechevy | $437,500 | Paragon Title | |
| Risteen Daniel | $430,000 | Community Title Network Llc | |
| Michalopoulos Efstathios N | $415,000 | Kvs Title Llc | |
| Branningan Philip J | $385,000 | None Available | |
| Herrera Rhett A | $340,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Anouk Pechevy | $354,800 | |
| Previous Owner | Risteen Daniel | $322,500 | |
| Previous Owner | Michalopoulos Efstathios N | $390,000 | |
| Previous Owner | Branningan Philip J | $343,250 | |
| Previous Owner | Herrera Rhett A | $340,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/13/2022 12/13/22 | Sold | $437,500 | -0.3% | $673 / Sq Ft | |
| 11/11/2022 11/11/22 | Price Changed | $439,000 | -2.2% | $675 / Sq Ft | |
| 10/20/2022 10/20/22 | For Sale | $449,000 | +4.4% | $691 / Sq Ft | |
| 07/06/2021 07/06/21 | Sold | $430,000 | +1.2% | $662 / Sq Ft | View Prior Sale |
| 06/19/2021 06/19/21 | Pending | -- | -- | -- | |
| 06/17/2021 06/17/21 | For Sale | $425,000 | +2.4% | $654 / Sq Ft | |
| 02/15/2019 02/15/19 | Sold | $415,000 | 0.0% | $638 / Sq Ft | View Prior Sale |
| 01/08/2019 01/08/19 | Pending | -- | -- | -- | |
| 12/18/2018 12/18/18 | Price Changed | $415,000 | -2.4% | $638 / Sq Ft | |
| 11/28/2018 11/28/18 | For Sale | $425,000 | +10.4% | $654 / Sq Ft | |
| 05/25/2016 05/25/16 | Sold | $385,000 | 0.0% | $592 / Sq Ft | View Prior Sale |
| 04/22/2016 04/22/16 | Pending | -- | -- | -- | |
| 04/12/2016 04/12/16 | Price Changed | $385,000 | -3.5% | $592 / Sq Ft | |
| 03/17/2016 03/17/16 | For Sale | $399,000 | -- | $614 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $2,898 | $447,660 | $134,300 | $313,360 |
| 2023 | $2,653 | $410,800 | $123,240 | $287,560 |
| 2022 | $3,353 | $408,210 | $122,460 | $285,750 |
| 2021 | $2,646 | $400,900 | $120,270 | $280,630 |
| 2020 | $2,687 | $391,840 | $117,550 | $274,290 |
| 2019 | $2,577 | $377,980 | $113,390 | $264,590 |
| 2018 | $2,566 | $377,980 | $0 | $0 |
| 2017 | $2,341 | $347,810 | $0 | $0 |
| 2016 | $2,834 | $333,380 | $0 | $0 |
| 2015 | $2,225 | $334,120 | $0 | $0 |
| 2014 | -- | $309,360 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Shaye Zakotnik
-
Yianni KONSTANTOPOULOS
Y
Seller's Agent in 2021
Yianni KONSTANTOPOULOS
TTR Sotheby's International Realty
(202) 957-3339
5 in this area
141 Total Sales
-
Chelsea Traylor
C
Seller's Agent in 2019
Chelsea Traylor
Redfin Corp
-
T
Seller's Agent in 2016
Tricia Driscoll
Long & Foster
-
Lou Vivas
Buyer's Agent in 2016
Lou Vivas
Long & Foster
(202) 968-3937
55 Total Sales
Map
Source: Bright MLS
MLS Number: DCDC2072082
APN: 2552-2054
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