NOT LISTED FOR SALE

Estimated Value: $566,000 - $636,000

2 Beds
2 Baths
775 Sq Ft
$375/mo HOA Fee

Last Sold August 10, 2018

Last sale price $565,000 $729 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,861/month

1 Day on Market

Highlights

  • Bar or Lounge
  • Gourmet Kitchen
  • Combination Kitchen and Living
  • Marie Reed Elementary School Rated A-
  • Open Floorplan
  • 2-minute walk to Marie Reed Recreation Center

About This Home

As of August 2018

Wow! HUGE 1 bd/ 2 ba + DEN + PARKING + private patio! Bright, open, & ultra-chic condo in the highly desired Lofts at Adams Morgan. This unit shows better than new & features hardwood floors, gas appliances, recessed lighting, & high ceilings. It has an industrial-chic vibe and provides you all that you'd ever want in the heart of AdMo. Won't last long! Low fee + pet friendly + Walkscore of 97!

Last Agent to Sell the Property

Yianni Konstantopoulos

(202) 957-3339 yianni@alwaysbethriving.com TTR Sotheby's International Realty Listed on: 07/12/2018

TTR Sotheby's International Realty

Last Buyer's Agent

Ethan Drath

(202) 258-5120 ethan.drath@wfp.com Washington Fine Properties, LLC License #5004098

Washington Fine Properties, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,372

Year Built

  • Built in 2002

HOA Fees

  • $375 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Assigned Parking

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 775 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Combination Kitchen and Living

Kitchen

  • Gourmet Kitchen
  • Kitchen Island

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Accessible Home Design

  • Accessible Elevator Installed
  • Halls are 48 inches wide or more

Utilities

  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 5032
  • Assessor Parcel Number 2560//5032

Community Details

Overview

  • Moving Fees Required
  • Association fees include management, insurance
  • Low-Rise Condominium
  • The Lofts At Adams Morgan Community
  • Adams Morgan Subdivision

Amenities

  • Common Area
  • Bar or Lounge

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,372

Year Built

Built in 2002

Lot Details

0

HOA Fees

$375 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Accessibility Features: 48"+ Halls, Elevator
  • Ownership: Condominium
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2018-07-12
  • Year Built: 2002
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Kitchen - Gourmet, Kitchen - Island, Combination Kitchen/Living, Floor Plan - Open
  • Fireplace: No
  • Entry Location: Floors 2-5
  • Foundation Details: Concrete Perimeter
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 775
  • Living Area Sq Ft: 775
  • Price Per Sq Ft: 729.03
  • Above Grade Finished Sq Ft: 775
  • Above Grade Finished Area Units: Square Feet

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
  • Construction Materials: Brick
  • 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: Garage
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Heat Pump(s)
  • 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: 375.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Bar/Lounge, Common Grounds, Elevator, Reserved/Assigned Parking
  • HOA Condo Co-Op Fee Includes: Management, Insurance
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA Condo Co-Op Rules: Moving Fees Required
  • HOA: Yes
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 394840.00
  • Land Assessed Value: 169220.00
  • Soil Types: Unknown
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16127415
  • Tax Annual Amount: 4371.93
  • Assessor Parcel Number: 2560//5032
  • Tax Lot: 5032
  • Tax Year: 2017

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2018
Closed on
Aug 10, 2018
Sold by
Watkins Allison Marie
Bought by
Henson Robert and Santorella Anthony
Seller's Agent
Yianni Konstantopoulos
TTR Sotheby's International Realty
Buyer's Agent
Ethan Drath
Washington Fine Properties, LLC
List Price
$565,000
Sold Price
$565,000
Current Estimated Value
$590,546

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,546
Avg. Annual Appreciation
0.61%
Original Mortgage
$452,000
Outstanding Balance
$391,726
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$198,821

Purchase Details

Listed on
May 18, 2017
Closed on
Jun 30, 2017
Sold by
Richardson John P and Richardson Joyce H
Bought by
Watkins Allison Marie
Seller's Agent
Peter Sarro
Compass
Buyer's Agent
Yianni Konstantopoulos
TTR Sotheby's International Realty
List Price
$559,000
Sold Price
$555,000
Premium/Discount to List
-$4,000
-0.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.62%
Original Mortgage
$527,250
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 7, 2002
Sold by
Adam Mortgan Lofts L L C
Bought by
Richardson John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,020
Interest Rate
6.58%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Henson Robert $565,000 Paragon Title & Escrow Co
Watkins Allison Marie $555,000 Rgs Title Llc
Richardson John $350,025 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Henson Robert $452,000
Previous Owner Watkins Allison Marie $527,250
Previous Owner Richardson John $280,020
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/10/2018 08/10/18 Sold $565,000 0.0% $729 / Sq Ft
07/14/2018 07/14/18 Pending -- -- --
07/12/2018 07/12/18 For Sale $565,000 0.0% $729 / Sq Ft
07/12/2018 07/12/18 Off Market $565,000 -- --
06/30/2017 06/30/17 Sold $555,000 +1.1% $743 / Sq Ft View Prior Sale
05/26/2017 05/26/17 Pending -- -- --
05/24/2017 05/24/17 Price Changed $549,000 -1.8% $735 / Sq Ft
05/18/2017 05/18/17 For Sale $559,000 0.0% $748 / Sq Ft
03/31/2016 03/31/16 Rented $2,600 0.0% --
03/31/2016 03/31/16 Under Contract -- -- --
03/02/2016 03/02/16 For Rent $2,600 0.0% --
12/01/2013 12/01/13 Rented $2,600 0.0% --
11/19/2013 11/19/13 Under Contract -- -- --
10/24/2013 10/24/13 For Rent $2,600 -- --
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
2025 $4,542 $639,810 $191,940 $447,870
2024 $4,775 $664,010 $199,200 $464,810
2023 $4,457 $635,470 $190,640 $444,830
2022 $4,093 $574,000 $172,200 $401,800
2021 $4,285 $593,810 $178,140 $415,670
2020 $4,139 $562,660 $168,800 $393,860
2019 $4,286 $579,060 $173,720 $405,340
2018 $4,171 $564,060 $0 $0
2017 $4,680 $550,570 $0 $0
2016 $4,514 $531,040 $0 $0
2015 $4,336 $510,120 $0 $0
2014 -- $462,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002024134

Bright MLS

APN: 2560-5032