NOT LISTED FOR SALE

2408 Chain Bridge Rd NW Washington, DC 20016

Palisades Neighborhood

Estimated Value: $1,391,000 - $1,512,659

4 Beds
3 Baths
2,572 Sq Ft
$559/Sq Ft Est. Value

Last Sold August 01, 2022

Last sale price $1,280,000 $498 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $8,516/month

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • Central Air
  • Key Elementary School Rated A
  • No HOA
  • 5-minute walk to Palisades Community Center

About This Home

As of August 2022

Welcome to 2408 Chain Bridge Rd NW - a charming Nantucket shingle cottage in the coveted Palisades neighborhood. This spacious 3 level home features 4 generous bedrooms, 3 bathrooms and a rare, detached 18 x 14 studio/office in the rear of the home. The main level offers hardwood floors throughout the living and dining rooms, recessed lighting, and timeless bay windows that lookout to an abundance of greenery. Continue through the kitchen, outfitted with granite countertops, to discover yet another eat-in dining area and living area. Beyond is a new screened-in porch with skylights, providing a seamless transition to the backyard. The fully detached studio/office is truly an extraordinary feature, which can be re-imagined for a variety of uses - an artist's escape, a fitness room, or simply a dedicated space to work from home.

The top level of the home offers full access to a tree-lined rooftop deck; perfect for enjoying morning coffee and tea or hosting guests with ultimate privacy. Additionally, discover a spacious primary bedroom with skylights and a walk-in closet. The fully finished basement is ideal for an in-law/guest suite as it has a private separate entrance. Each floor offers glistening windows that light up every corner and is outfitted with built-ins for displaying life's treasures. There is ample street parking (that does not require a zone sticker) and, for convenience, an electric car charger has been installed in front of the house.

Just minutes to local restaurants, including Et Voila, BlackSalt and Lupo Verde Osteria Palisades, as well as trails and the Palisades park/playground. In bounds for Key Elementary, Hardy Middle and Wilson High schools. Don't miss your opportunity to enjoy enchanting cottage living while reaping the benefits of a modern, updated home!

Last Agent to Sell the Property

Jennifer Smira

(202) 340-7675 jsmira@compass.com Compass License #0225195388 Listed on: 06/23/2022

Compass

Co-Listed By

Lauren Kosiba

(443) 987-8841 lauren.kosiba@compass.com Compass License #0225259815

Last Buyer's Agent

C. Devon Whitaker

(202) 403-7399 devonwhitaker@yahoo.com LPT Realty, LLC

LPT Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,008

Year Built

  • Built in 1927

Lot Details

  • 3,695 Sq Ft Lot
  • Property is zoned R-1-B RESIDENTIAL ZONE

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Shingle Siding

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Finished Basement

Bedrooms and Bathrooms

Utilities

  • Central Air
  • Hot Water Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Palisades Subdivision

Listing and Financial Details

  • Tax Lot 75
  • Assessor Parcel Number 1413//0075

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,008

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1927
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to 2408 Chain Bridge Rd NW - a charming Nantucket shingle cottage in the coveted Palisades neighborhood. This spacious 3 level home features 4 generous bedrooms, 3 bathrooms and a rare, detached 18 x 14 studio/office in the rear of the home. The main level offers hardwood floors throughout the living and dining rooms, recessed lighting, and timeless bay windows that lookout to an abundance of greenery. Continue through the kitchen, outfitted with granite countertops, to discover yet another eat-in dining area and living area. Beyond is a new screened-in porch with skylights, providing a seamless transition to the backyard. The fully detached studio/office is truly an extraordinary feature, which can be re-imagined for a variety of uses - an artist's escape, a fitness room, or simply a dedicated space to work from home. The top level of the home offers full access to a tree-lined rooftop deck; perfect for enjoying morning coffee and tea or hosting guests with ultimate privacy. Additionally, discover a spacious primary bedroom with skylights and a walk-in closet. The fully finished basement is ideal for an in-law/guest suite as it has a private separate entrance. Each floor offers glistening windows that light up every corner and is outfitted with built-ins for displaying life's treasures. There is ample street parking (that does not require a zone sticker) and, for convenience, an electric car charger has been installed in front of the house. Just minutes to local restaurants, including Et Voila, BlackSalt and Lupo Verde Osteria Palisades, as well as trails and the Palisades park/playground. In bounds for Key Elementary, Hardy Middle and Wilson High schools. Don't miss your opportunity to enjoy enchanting cottage living while reaping the benefits of a modern, updated home!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Foundation Details: Other
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 2572
  • Living Area Sq Ft: 2572
  • Price Per Sq Ft: 783.90
  • Above Grade Finished Sq Ft: 1652
  • Below Grade Finished Sq Ft: 920
  • Total Below Grade Sq Ft: 920
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2408

Beds/Baths

  • Bedrooms: 4
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Shingle Siding
  • 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: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • 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: 417010.00
  • Land Assessed Value: 569030.00
  • Lot Size Acres: 0.08
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3695.00
  • Soil Types: Urban Land Not Rated
  • Year Assessed: 2021
  • Zoning: R-1-B RESIDENTIAL ZONE
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16131202
  • Tax Annual Amount: 11007.50
  • Assessor Parcel Number: 1413//0075
  • Tax Lot: 75
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 08/01/2022

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2022
Closed on
Jul 29, 2022
Sold by
Katharine Shreve
Bought by
Lockwood Megan Marie and Martyn Adam
Seller's Agent
Jennifer Smira
Compass
Buyer's Agent
C. Devon Whitaker
LPT Realty, LLC
List Price
$1,295,000
Sold Price
$1,280,000
Premium/Discount to List
-$15,000
-1.16%
Current Estimated Value
$1,436,915

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,915
Avg. Annual Appreciation
3.70%
Original Mortgage
$1,216,000
Outstanding Balance
$1,165,272
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$271,643

Purchase Details

Listed on
Mar 27, 2012
Closed on
May 31, 2012
Sold by
Kato Kenneth and Mossman Carol
Bought by
Jacobs Aaron and Shreve Katharine
Seller's Agent
Coley Reed
Long & Foster Real Estate, Inc.
Buyer's Agent
Jennifer Smira
Compass
List Price
$779,000
Sold Price
$815,000
Premium/Discount to List
$36,000
4.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.53%
Original Mortgage
$652,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 25, 2004
Sold by
Donovan Molly
Bought by
Mossman Carol and Kato,Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2004
Sold by
Glassheim Carol
Bought by
Wepman Barry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$599,000
Interest Rate
6.32%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Lockwood Megan Marie $1,280,000 First American Title
Jacobs Aaron $815,000 --
Mossman Carol $730,000 --
Wepman Barry $999,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lockwood Megan Marie $1,216,000
Previous Owner Jacobs Aaron $652,000
Previous Owner Mossman Carol $500,000
Previous Owner Wepman Barry $599,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/01/2022 08/01/22 Sold $1,280,000 -1.2% $498 / Sq Ft
07/18/2022 07/18/22 Pending -- -- --
06/23/2022 06/23/22 For Sale $1,295,000 +58.9% $503 / Sq Ft
05/31/2012 05/31/12 Sold $815,000 +4.6% $458 / Sq Ft View Prior Sale
04/05/2012 04/05/12 Pending -- -- --
03/30/2012 03/30/12 For Sale $779,000 -4.4% $438 / Sq Ft
03/27/2012 03/27/12 Off Market $815,000 -- --
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 $10,421 $1,226,050 $627,000 $599,050
2023 $8,850 $1,041,210 $602,250 $438,960
2022 $7,712 $986,040 $569,030 $417,010
2021 $7,605 $971,090 $566,220 $404,870
2020 $7,440 $951,050 $548,890 $402,160
2019 $7,194 $921,260 $536,920 $384,340
2018 $6,992 $895,980 $0 $0
2017 $6,764 $868,270 $0 $0
2016 $6,531 $840,080 $0 $0
2015 $6,286 $810,960 $0 $0
2014 $6,116 $789,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC2055668

Bright MLS

APN: 1413-0075