$890,000
SOLD JAN 15, 2020
2 Beds
2 Baths
1,400 Sq Ft
$905/mo HOA Fee

Recently Sold

$636 Per Sq Ft

9 Days on Market

Highlights

  • Penthouse
  • Contemporary Architecture
  • Balcony
  • Marie Reed Elementary School Rated A-
  • Terrace
  • 2-minute walk to Marie Reed Recreation Center

About This Home

As of July 2024

Be the envy of everyone...! Welcome to a stunning Penthouse Loft, designed for entertaining---located in one of Adams Morgan's most iconic residences. This rare and highly coveted corner Penthouse suite provides spectacular panoramic and unobstructed southeastern views of Capitol and the Washington Monument. Relax in total privacy on your expansive 700+ sf rooftop terrace or invite your guests over for a night of entertaining with the city's skyline serving as the backdrop. Enjoy all the conveniences of urban living as you relish the luxuries of Loft life in your distinctive 2 bedroom, 2 bathroom 1400 sf home (not including outdoor space). This airy, light-filled space has towering floor to ceiling windows 12ft - 20ft high ceilings and a 175 sf private balcony off of the dining room which blurs the lines between inside and outside. The main level's open concept provides direct access to the kitchen with updated stainless steel appliances. The master bedroom features 12ft+ high ceilings, a walk-in closet, en-suite bathroom, and access to your private balcony with Capitol views; while the Loft level features a second bedroom with a full bath, double-door closet and ample space for entertaining or a bar nook, with stairs leading to the private rooftop terrace to enjoy a cup of coffee in the morning or watch the fireworks on the Fourth of July. There's no need to worry about finding parking in Adams Morgan, a deeded private garage parking space along with two rare storage units convey. No other Loft in Adams Morgan offers this view, square footage, and value.

Last Agent to Sell the Property

Tracey Barnett

RLAH @properties License #0225242344 Listed on: 11/14/2019

RLAH @properties

Last Buyer's Agent

Roger Taylor

Compass License #SP98375653

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,431

Year Built

  • Built in 2002

HOA Fees

  • $905 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Off-Street Parking
  • Parking Fee
  • Parking Space Conveys

Home Design

  • Penthouse
  • Contemporary Architecture
  • Entry on the 4th floor
  • Brick Exterior Construction
  • Masonry

Interior Spaces

  • 1,400 Sq Ft Home
  • Property has 2 Levels
  • Living Room
  • Dining Room
  • Stacked Washer and Dryer

Kitchen

  • Gas Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Outdoor Features

  • Balcony
  • Terrace

Schools

  • Marie Reed Elementary School
  • Oyster-Adams Bilingual Middle School
  • Jackson-Reed High School

Additional Features

  • Property is in very good condition
  • Central Heating and Cooling System

Community Details

  • Association fees include management, trash, water, common area maintenance, custodial services maintenance, exterior building maintenance
  • $66 Other Monthly Fees
  • 3 Elevators
  • The Lofts At Adams Morgan Community
  • Adams Morgan Subdivision
  • Property Manager

Listing and Financial Details

  • Tax Lot 5059
  • Assessor Parcel Number 2560//5059

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,431

Year Built

Built in 2002

Lot Details

0

HOA Fees

$905 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Architectural Style: Loft With Bedrooms, Loft, Contemporary
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 11/14/2019 12:00:00 AM
  • Federal Flood Zone: No
  • Year Built: 2002
  • Remarks Public: Be the envy of everyone...! Welcome to a stunning Penthouse Loft, designed for entertaining---located in one of Adams Morgan's most iconic residences. This rare and highly coveted corner Penthouse suite provides spectacular panoramic and unobstructed southeastern views of Capitol and the Washington Monument. Relax in total privacy on your expansive 700+ sf rooftop terrace or invite your guests over for a night of entertaining with the city's skyline serving as the backdrop. Enjoy all the conveniences of urban living as you relish the luxuries of Loft life in your distinctive 2 bedroom, 2 bathroom 1400 sf home (not including outdoor space). This airy, light-filled space has towering floor to ceiling windows 12ft - 20ft high ceilings and a 175 sf private balcony off of the dining room which blurs the lines between inside and outside. The main level's open concept provides direct access to the kitchen with updated stainless steel appliances. The master bedroom features 12ft+ high ceilings, a walk-in closet, en-suite bathroom, and access to your private balcony with Capitol views; while the Loft level features a second bedroom with a full bath, double-door closet and ample space for entertaining or a bar nook, with stairs leading to the private rooftop terrace to enjoy a cup of coffee in the morning or watch the fireworks on the Fourth of July. There's no need to worry about finding parking in Adams Morgan, a deeded private garage parking space along with two rare storage units convey. No other Loft in Adams Morgan offers this view, square footage, and value.
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Oven/Range - Gas, Washer/Dryer Stacked
  • Entry Floor: 4
  • Fireplace: No
  • Elevators Count: 3
  • Floors In Unit Count: 2
  • Levels Count: 2
  • Room Count: 5
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Bathroom 2, Primary Bathroom
  • Basement: No
  • Total Sq Ft: 1400
  • Living Area Sq Ft: 1400
  • Price Per Sq Ft: 635.71
  • Above Grade Finished Sq Ft: 1400
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2328

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Combination, Concrete, Masonry, Mixed
  • 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: Private, Parking Space Conveys, Parking Fee
  • Garage Features: Garage Door Opener, Garage - Front Entry, Covered Parking
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage, Off Street

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 905.40
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Fee Includes: Management, Trash, Water, Common Area Maintenance, Custodial Services Maintenance, Ext Bldg Maint
  • HOA: No
  • Senior Community: No

Fee Information

  • Other Fees: 66.00
  • Other Fees Frequency: Monthly

Schools

  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • Elementary School: MARIE REED
  • Middle School: OYSTER-ADAMS BILINGUAL SCHOOL
  • High School: JACKSON-REED
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121140357950
  • School District Source: 3rd Party
  • Elementary School: MARIE REED
  • High School: JACKSON-REED
  • Middle Or Junior School: OYSTER-ADAMS BILINGUAL SCHOOL

Lot Info

  • Outdoor Living Structures: Terrace, Balcony
  • Property Condition: Very Good
  • Soil Types: Urban Land-Sassafras-Chillum
  • Year Assessed: 2019
  • Zoning: R-5-B
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 6431.00
  • Assessor Parcel Number: 2560//5059
  • Tax Lot: 5059
  • Tax Total Finished Sq Ft: 1200
  • Tax Data Updated: No
  • Tax Year: 2019
  • Close Date: 01/15/2020

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2024
Closed on
Jul 12, 2024
Sold by
Bowles Michael Thomas
Bought by
Garrison Lance M and Garrison Dennis Amanda
Seller's Agent
Roger Taylor
Compass
Buyer's Agent
Judy Cranford
Cranford & Associates
List Price
$1,095,000
Sold Price
$974,000
Premium/Discount to List
-$121,000
-11.05%
Views
1833
Current Estimated Value
$932,148

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$41,852
Avg. Annual Appreciation
-3.29%
Original Mortgage
$779,200
Outstanding Balance
$771,100
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$165,869

Purchase Details

Listed on
Nov 14, 2019
Closed on
Jan 15, 2020
Sold by
Jones Anna Faith
Bought by
Bowles Michael Thomas
Seller's Agent
Tracey Barnett
RLAH @properties
Buyer's Agent
Roger Taylor
Compass
List Price
$890,000
Sold Price
$890,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.02%
Original Mortgage
$712,000
Interest Rate
3.74%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 5, 2004
Sold by
Popova Boyana
Bought by
Jones Anna

Purchase Details

Closed on
Oct 3, 2002
Sold by
Adams Morgan Lofts Llc
Bought by
Popova Boyana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,700
Interest Rate
6.27%
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 Type Sale Price Title Company
Deed $974,000 Paragon Title
Special Warranty Deed $890,000 Monarch Title Inc
Deed $749,000 --
Deed $500,100 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $779,200 New Conventional
Previous Owner $920,000 Adjustable Rate Mortgage/ARM
Previous Owner $712,000 Adjustable Rate Mortgage/ARM
Previous Owner $115,000 New Conventional
Previous Owner $300,700 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2024 07/17/24 Sold $974,000 0.0% $696 / Sq Ft
06/03/2024 06/03/24 Price Changed $974,000 -2.5% $696 / Sq Ft
04/18/2024 04/18/24 Price Changed $999,000 -8.8% $714 / Sq Ft
03/18/2024 03/18/24 For Sale $1,095,000 +23.0% $782 / Sq Ft
01/15/2020 01/15/20 Sold $890,000 0.0% $636 / Sq Ft
11/24/2019 11/24/19 Pending -- -- --
11/14/2019 11/14/19 For Sale $890,000 -- $636 / 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 $6,506 $867,610 $260,280 $607,330
2023 $6,167 $824,240 $247,270 $576,970
2022 $5,844 $780,040 $234,010 $546,030
2021 $5,868 $780,040 $234,010 $546,030
2020 $5,664 $742,000 $222,600 $519,400
2019 $6,432 $756,700 $227,010 $529,690
2018 $6,590 $775,340 $0 $0
2017 $6,445 $758,220 $0 $0
2016 $6,191 $728,400 $0 $0
2015 $5,959 $701,030 $0 $0
2014 -- $635,470 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC449382

Bright MLS

APN: 2560-5059