NOT LISTED FOR SALE

Estimated Value: $338,408 - $372,000

1 Bed
1 Bath
500 Sq Ft
$263/mo HOA Fee

Last Sold May 28, 2021

Last sale price $365,000 $730 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,204/month

3 Days on Market

Highlights

  • Contemporary Architecture
  • Central Heating and Cooling System
  • West Facing Home
  • Marie Reed Elementary School Rated A-
  • Dogs and Cats Allowed
  • 2-minute walk to Marie Reed Recreation Center

About This Home

As of May 2021

Bright TØP floor renovated one bedroom in the heart of Adams Morgan. Step outside and you are surrounded by boutique shops, independent coffee houses and AdMo's nightlife. Features include hardwood floors, renovated open kitchen with stainless steel appliances, updated bathroom & washer/dryer in-unit. All of this in a pet friendly building, LOW FEE building. Investors welcome.

Last Agent to Sell the Property

Chris Johnson

Compass License #SP101457 Listed on: 04/27/2021

Compass

Last Buyer's Agent

Bogdan Samofalov

Compass

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,675

Year Built

  • Built in 1911

Lot Details

  • West Facing Home

HOA Fees

  • $263 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 500 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 2013
  • Assessor Parcel Number 2560//2013

Community Details

Overview

  • Association fees include common area maintenance, reserve funds, snow removal, trash, water
  • Low-Rise Condominium
  • The Gibraltar Community
  • Adams Morgan Subdivision

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,675

Year Built

Built in 1911

Lot Details

0

HOA Fees

$263 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1911
  • Automatically Close On Close Date: No
  • Remarks Public: Bright TØP floor renovated one bedroom in the heart of Adams Morgan. Step outside and you are surrounded by boutique shops, independent coffee houses and AdMo's nightlife. Features include hardwood floors, renovated open kitchen with stainless steel appliances, updated bathroom & washer/dryer in-unit. All of this in a pet friendly building, LOW FEE building. Investors welcome.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 4
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 500
  • Living Area Sq Ft: 500
  • Price Per Sq Ft: 700.00
  • Above Grade Finished Sq Ft: 500
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2305

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

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • 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: 263.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Reserve Funds, Snow Removal, Trash, Water
  • 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: 222220.00
  • Land Assessed Value: 95240.00
  • Soil Types: Urban Land-Sassafras-Chillum
  • Year Assessed: 2020
  • Zoning: RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16034864
  • Tax Annual Amount: 2675.00
  • Assessor Parcel Number: 2560//2013
  • Tax Lot: 2013
  • Tax Total Finished Sq Ft: 487
  • Tax Year: 2020
  • Close Date: 05/28/2021

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2021
Closed on
May 27, 2021
Sold by
Reid Toy I and Fung Henry Yu-Hang
Bought by
Lindemann Mikael H
Seller's Agent
Chris Johnson
Compass
Buyer's Agent
Bogdan Samofalov
Compass
List Price
$350,000
Sold Price
$365,000
Premium/Discount to List
$15,000
4.29%
Current Estimated Value
$356,102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,898
Avg. Annual Appreciation
-1.00%
Original Mortgage
$215,000
Outstanding Balance
$196,484
Interest Rate
2.95%
Mortgage Type
New Conventional
Estimated Equity
$153,186

Purchase Details

Closed on
Jan 26, 2009
Sold by
Deutsche Bank Natl Tr Co
Bought by
Fong Henry and Reid Toy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,915
Interest Rate
5.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2008
Sold by
Loftus James
Bought by
Deutsche Bank Natl Tr Co

Purchase Details

Closed on
Feb 7, 2005
Sold by
Hachwi Khaled
Bought by
Schmidt Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
5.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 3, 2003
Sold by
Hood Claudette
Bought by
Hachwi Khaled

Purchase Details

Closed on
May 4, 2001
Sold by
Babbitt Todd
Bought by
Hood Claudette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,750
Interest Rate
6.85%

Purchase Details

Closed on
Mar 1, 2000
Sold by
Busto Luis
Bought by
Babbitt Todd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,360
Interest Rate
8.21%
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Lindemann Mikael H $365,000 Kvs Title Llc
Fong Henry $219,900 --
Deutsche Bank Natl Tr Co $251,700 --
Schmidt Thomas $295,000 --
Hachwi Khaled $200,000 --
Hood Claudette $105,000 --
Babbitt Todd $87,609 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lindemann Mikael H $215,000
Closed Lindemann Mikael H $215,000
Previous Owner Reid Toy I $171,400
Previous Owner Fong Henry $185,915
Previous Owner Schmidt Thomas J $68,000
Previous Owner Schmidt Thomas $236,000
Previous Owner Hood Claudette $99,750
Previous Owner Babbitt Todd $69,360
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2021 05/28/21 Sold $365,000 +4.3% $730 / Sq Ft
04/27/2021 04/27/21 For Sale $350,000 -- $700 / 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 -- $359,130 $107,740 $251,390
2023 $0 $363,700 $109,110 $254,590
2022 $0 $329,720 $98,920 $230,800
2021 $2,585 $317,460 $95,240 $222,220
2020 $2,675 $314,750 $94,420 $220,330
2019 $2,623 $308,600 $92,580 $216,020
2018 $2,595 $305,300 $0 $0
2017 $2,452 $288,470 $0 $0
2016 $2,508 $295,020 $0 $0
2015 $2,604 $306,310 $0 $0
2014 -- $278,010 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC519042

Bright MLS

APN: 2560-2013