$830,000
SOLD NOV 1, 2024
2 Beds
2 Baths
1,480 Sq Ft
$999/mo HOA Fee

Recently Sold

$561 Per Sq Ft

8% Below List Price

46 Days on Market

Highlights

  • Open Floorplan
  • Deck
  • Engineered Wood Flooring
  • Marie Reed Elementary School Rated A-
  • Contemporary Architecture
  • 2-minute walk to Marie Reed Recreation Center

About This Home

As of November 2024

Welcome to unit 301 at The Lofts at Adams Morgan, a boutique chic apartment house located steps from the eclectic restaurant dining scene, shops and galleries of Adams Morgan. This home affords unparalleled convenience and access to the diverse offerings of the neighborhood. Anything you need or want is within walking distance! This warehouse loft-style property spans approximately 1400 square feet and features a stunning, 220 square foot private outdoor space, 11"+ ceilings, abundant light, and beautiful fixtures and finishes all recently installed. This 2 bedroom, 2 bathroom condo embraces every amenity one might desire for urban living. The kitchen features updated finishes including stainless steel appliances, custom lower and upper ceiling-height shaker cabinetry, and a quartz peninsula with lower storage. The eleven-foot concrete ceilings and large windows bring a sense of space and airiness throughout the sun filled residence. All closets contain Elfa storage systems, and there is an additional upper, ceiling-height storage closet. The association is pet friendly and provides a secure building, loading dock and Amazon locker. One garage parking space conveys.

Last Agent to Sell the Property

Elizan Garcia

Compass License #SP40002543 Listed on: 08/08/2024

Compass

Co-Listed By

Katherine Davis

Compass License #SP98372893

Last Buyer's Agent

Murphy Shorb

Washington Fine Properties, LLC License #0225265874

Washington Fine Properties, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,970

Year Built

  • Built in 2002

Lot Details

  • 1 Common Wall
  • Property is in excellent condition

HOA Fees

  • $999 Monthly HOA Fees

Parking

  • Parking Space Conveys

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,480 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Bar
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Window Treatments
  • Monitored

Kitchen

  • Oven
  • Built-In Range
  • Stove
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Engineered Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Water Heater
  • Municipal Trash
  • Public Septic

Additional Features

  • Accessible Elevator Installed
  • Energy-Efficient Appliances
  • Deck

Listing and Financial Details

  • Tax Lot 5007
  • Assessor Parcel Number 2560//5007

Community Details

Overview

  • Association fees include common area maintenance, insurance, management, reserve funds, snow removal, water, trash
  • 59 Units
  • Low-Rise Condominium
  • The Lofts At Adams Morgan Condos
  • The Lofts At Adams Morgan Community
  • Adams Morgan Subdivision
  • Property Manager

Amenities

  • Common Area

Pet Policy

  • Dogs and Cats Allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,970

Year Built

Built in 2002

Lot Details

0

HOA Fees

$999 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary, Loft
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2002
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Welcome to unit 301 at The Lofts at Adams Morgan, a boutique chic apartment house located steps from the eclectic restaurant dining scene, shops and galleries of Adams Morgan. This home affords unparalleled convenience and access to the diverse offerings of the neighborhood. Anything you need or want is within walking distance! This warehouse loft-style property spans approximately 1400 square feet and features a stunning, 220 square foot private outdoor space, 11"+ ceilings, abundant light, and beautiful fixtures and finishes all recently installed. This 2 bedroom, 2 bathroom condo embraces every amenity one might desire for urban living. The kitchen features updated finishes including stainless steel appliances, custom lower and upper ceiling-height shaker cabinetry, and a quartz peninsula with lower storage. The eleven-foot concrete ceilings and large windows bring a sense of space and airiness throughout the sun filled residence. All closets contain Elfa storage systems, and there is an additional upper, ceiling-height storage closet. The association is pet friendly and provides a secure building, loading dock and Amazon locker. One garage parking space conveys.
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Range, Dishwasher, Disposal, Dryer, Energy Efficient Appliances, Exhaust Fan, Microwave, Oven - Single, Refrigerator, Stove, Stainless Steel Appliances, Washer - Front Loading, Washer/Dryer Stacked
  • Entry Floor: 3
  • Flooring Type: Engineered Wood, Hardwood, Carpet
  • Interior Amenities: Bar, Carpet, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Floor Plan - Open, Pantry, Bathroom - Soaking Tub, Walk-In Closet(s), Whirlpool/Hottub, Window Treatments, Wood Floors
  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Wall Ceiling Types: 9'+ Ceilings
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 1480
  • Living Area Sq Ft: 1480
  • Price Per Sq Ft: 574.32
  • Above Grade Finished Sq Ft: 1480
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2328

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Unknown
  • 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
  • Parking Features: Parking Space Conveys
  • Garage Features: Underground
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Carbon Monoxide Detector(s), Monitored, Smoke Detector, Sprinkler System - Indoor
  • Sewer/Septic System: Public Sewer, Public Septic
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 999.42
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: The Lofts at Adams Morgan
  • HOA Condo Co-Op Amenities: Common Grounds
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Insurance, Management, Reserve Funds, Snow Removal, Water, Trash
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • School District Key: 121140357950
  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Excellent
  • Soil Types: Chillum-Urban Land Complex
  • Year Assessed: 2023
  • Zoning: SING FAM CONDO VERT
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 6970.00
  • Assessor Parcel Number: 2560//5007
  • Tax Lot: 5007
  • Tax Total Finished Sq Ft: 1367
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 11/01/2024

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2024
Closed on
Oct 31, 2024
Sold by
Egermayer Julie and Rabin-Havt Ari
Bought by
Tsang Harry
Seller's Agent
Elizan Garcia
Compass
Buyer's Agent
Murphy Shorb
Washington Fine Properties, LLC
List Price
$899,000
Sold Price
$830,000
Premium/Discount to List
-$69,000
-7.68%
Views
70
Current Estimated Value
$874,886

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,886
Avg. Annual Appreciation
7.27%
Original Mortgage
$330,000
Outstanding Balance
$328,369
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$546,517

Purchase Details

Listed on
Jul 23, 2012
Closed on
Aug 31, 2012
Sold by
Hawkins Thomas Y
Bought by
Rabin Havt Ari and Egermayer Julie
Seller's Agent
Matthew Zanolli
Compass
Buyer's Agent
Fred Kendrick
TTR Sotheby's International Realty
List Price
$699,000
Sold Price
$700,000
Premium/Discount to List
$1,000
0.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.41%
Original Mortgage
$500,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2002
Sold by
Adams Morgan Lofts L L C
Bought by
Hawkins Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,600
Interest Rate
6.73%
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $830,000 None Listed On Document
Warranty Deed $700,000 --
Deed $482,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $330,000 New Conventional
Previous Owner $475,000 New Conventional
Previous Owner $50,000 Credit Line Revolving
Previous Owner $500,000 New Conventional
Previous Owner $400,000 New Conventional
Previous Owner $385,600 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2024 11/01/24 Sold $830,000 -2.4% $561 / Sq Ft
09/11/2024 09/11/24 Price Changed $850,000 -5.5% $574 / Sq Ft
08/08/2024 08/08/24 For Sale $899,000 +28.4% $607 / Sq Ft
08/31/2012 08/31/12 Sold $700,000 +0.1% $512 / Sq Ft
07/27/2012 07/27/12 Pending -- -- --
07/23/2012 07/23/12 For Sale $699,000 -- $511 / 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 $7,425 $975,740 $292,720 $683,020
2023 $6,970 $927,170 $278,150 $649,020
2022 $6,378 $842,790 $252,840 $589,950
2021 $6,732 $881,670 $264,500 $617,170
2020 $6,488 $838,950 $251,680 $587,270
2019 $6,626 $854,330 $256,300 $598,030
2018 $6,824 $876,200 $0 $0
2017 $6,677 $857,950 $0 $0
2016 $6,399 $824,500 $0 $0
2015 $6,151 $795,040 $0 $0
2014 $5,729 $744,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC2154086

Bright MLS

APN: 2560-5007