NOT LISTED FOR SALE

2323 Ontario Rd NW Unit 2 Washington, DC 20009

Adams Morgan Neighborhood

Estimated Value: $399,000 - $513,000

1 Bed
1 Bath
761 Sq Ft
$593/Sq Ft Est. Value

Last Sold September 14, 2018

Last sale price $392,500 $516 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,884/month

22 Days on Market

Highlights

  • Gourmet Kitchen
  • Open Floorplan
  • Kitchen Island
  • Marie Reed Elementary School Rated A-
  • Traditional Architecture
  • 2-minute walk to Ontario Road Playground

About This Home

As of September 2018

Perfect Investment Opportunity you've been looking for in Adams Morgan! Completely renovated Spacious 1 BR+ Den/1 BA English basement condo. Front + Rear Private entrances. Open concept living area. Hardwood floors. Exposed brick throughout. LOW condo fees! Walk score of 98. Great rental income that covers mortgage payments! Currently leased through 08/2019.

Last Agent to Sell the Property

Dorothy Stein

Compass Listed on: 05/11/2018

Compass

Last Buyer's Agent

Dorothy Stein

Compass Listed on: 05/11/2018

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,419

Year Built

  • Built in 1926

Lot Details

  • 523

HOA Fees

  • $108 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Semi-Detached or Twin Home
  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 761 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan

Kitchen

  • Gourmet Kitchen
  • Kitchen Island

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Finished Basement

  • English Basement
  • Walk-Up Access
  • Front and Rear Basement Entry
  • Basement with some natural light

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • Association fees include water
  • Mount Pleasant Community
  • Mount Pleasant Subdivision

Listing and Financial Details

  • Tax Lot 2461
  • Assessor Parcel Number 2567//2461

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,419

Year Built

Built in 1926

Lot Details

0

HOA Fees

$108 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Ownership: Condominium
  • New Construction: No
  • Story List: Lower 1
  • Year Built: 1926
  • Remarks Public: Perfect Investment Opportunity you've been looking for in Adams Morgan! Completely renovated Spacious 1 BR+ Den/1 BA English basement condo. Front + Rear Private entrances. Open concept living area. Hardwood floors. Exposed brick throughout. LOW condo fees! Walk score of 98. Great rental income that covers mortgage payments! Currently leased through 08/2019.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Kitchen - Gourmet, Kitchen - Island, Floor Plan - Open
  • Fireplace: No
  • Entry Location: Basement
  • Levels Count: 1
  • Basement: Yes
  • Basement Type: Rear Entrance, Front Entrance, Fully Finished, English, Walkout Stairs, Outside Entrance, Daylight, Partial
  • Living Area Units: Square Feet
  • Total Sq Ft: 761
  • Living Area Sq Ft: 761
  • Price Per Sq Ft: 524.31
  • Above Grade Finished Sq Ft: 761
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2323

Beds/Baths

  • Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above 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: On Street

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • Condo Co-Op Fee: 108.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Fee Includes: Water
  • HOA: No
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 283280.00
  • Land Assessed Value: 121410.00
  • Soil Types: Unknown
  • Year Assessed: 2017
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16156576
  • Tax Annual Amount: 3419.30
  • Assessor Parcel Number: 2567//2461
  • Tax Lot: 2461
  • Tax Total Finished Sq Ft: 722
  • Tax Year: 2017
  • Close Date: 09/14/2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2018
Closed on
Sep 13, 2018
Sold by
2323 Ontario Road Llc
Bought by
Rashid Property Llc
Seller's Agent
Dorothy Stein
Compass
Buyer's Agent
Dorothy Stein
Compass
List Price
$399,000
Sold Price
$392,500
Premium/Discount to List
-$6,500
-1.63%
Current Estimated Value
$451,263

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,763
Avg. Annual Appreciation
2.40%

Purchase Details

Closed on
Aug 17, 2005
Sold by
Hirshfield Eric
Bought by
2323 Ontario Road Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$722,500
Interest Rate
5.79%
Mortgage Type
Commercial
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
Rashid Property Llc $392,500 Kvs Title Llc
2323 Ontario Road Llc $720,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rich Ganon S $303,750
Previous Owner 2323 Ontario Road Llc $300,000
Previous Owner 2323 Ontario Road Llc $295,000
Previous Owner 2323 Ontario Road Llc $722,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2018 09/14/18 Sold $392,500 -1.6% $516 / Sq Ft
06/02/2018 06/02/18 Pending -- -- --
05/11/2018 05/11/18 For Sale $399,000 -- $524 / 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 $3,311 $404,720 $121,420 $283,300
2023 $3,479 $424,040 $127,210 $296,830
2022 $3,446 $419,130 $125,740 $293,390
2021 $3,433 $417,230 $125,170 $292,060
2020 $3,348 $393,830 $118,150 $275,680
2019 $3,471 $408,400 $122,520 $285,880
2018 $3,440 $404,690 $0 $0
2017 $3,419 $402,270 $0 $0
2016 $3,325 $391,190 $0 $0
2015 $3,247 $382,000 $0 $0
2014 $2,917 $343,190 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001176262

Bright MLS

APN: 2567-2461