NOT LISTED FOR SALE

Park Tower 2440 16th St NW Unit 303 Washington, DC 20009

Adams Morgan Neighborhood

Estimated Value: $221,749 - $265,000

-- Bed
1 Bath
402 Sq Ft
$320/mo HOA Fee

Last Sold March 31, 2023

Last sale price $205,000 $510 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,777/month

61 Days on Market

Highlights

  • Fitness Center
  • Art Deco Architecture
  • Security Service
  • Marie Reed Elementary School Rated A-
  • High Ceiling
  • 4-minute walk to Meridian Hill Park

About This Home

As of March 2023

Fantastic studio condo in the Park Tower condominium building across the street from the majestic Meridian Hill Park. Move-in ready unit has tons of windows for natural light, freshly painted, new carpet and great closet space. The building has the ability to rent parking spaces, use of the fitness center, a communal laundry room, and storage room. The surrounding area has the well known Meridian Hill Park and you are steps away from Harris Teeter. You can't beat the location! Low condo fee and the building is FHA approved. Pets welcome.

Last Agent to Sell the Property

Lupe Rohrer

(301) 938-2499 lupe.rohrer@redfin.com Redfin Corp Listed on: 01/11/2023

Redfin Corp

Last Buyer's Agent

Arturo Cruz

(703) 474-1134 arturo@cruzregroup.com EXP Realty, LLC License #0225061222

EXP Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,934

Year Built

  • Built in 1929

Lot Details

  • 174

HOA Fees

  • $320 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Art Deco Architecture
  • Entry on the 3rd floor
  • Brick Exterior Construction

Interior Spaces

  • 1 Full Bathroom
  • 402 Sq Ft Home
  • Property has 1 Level
  • High Ceiling
  • Wall to Wall Carpet

Accessible Home Design

  • Accessible Elevator Installed
  • Doors swing in

Utilities

  • Forced Air Heating and Cooling System
  • Wall Furnace
  • Public Septic

Listing and Financial Details

  • Tax Lot 2048
  • Assessor Parcel Number 2571//2048

Community Details

Overview

  • Association fees include insurance, lawn maintenance, management, snow removal, trash, water
  • Mid-Rise Condominium
  • Mount Pleasant Community
  • Mount Pleasant Subdivision

Recreation

Pet Policy

  • Pets allowed on a case-by-case basis

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,934

Year Built

Built in 1929

Lot Details

0

HOA Fees

$320 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Art Deco
  • Accessibility Features: Doors - Swing In, Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-01-12
  • Year Built: 1929
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 3
  • Flooring Type: Carpet, Fully Carpeted
  • Wall Ceiling Types: High, Dry Wall
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 402
  • Living Area Sq Ft: 402
  • Price Per Sq Ft: 547.01
  • Above Grade Finished Sq Ft: 402
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Concrete
  • 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: Forced Air, Wall Unit
  • Heating: Yes
  • Sewer/Septic System: Public Septic, Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 320.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Elevator, Exercise Room, Security
  • HOA Condo Co-Op Fee Includes: Insurance, Lawn Maintenance, Management, Snow Removal, Trash, Water
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 165910.00
  • Land Assessed Value: 71100.00
  • Soil Types: Unknown
  • Zoning: RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16123694
  • Tax Annual Amount: 1934.00
  • Assessor Parcel Number: 2571//2048
  • Tax Lot: 2048
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2023
Closed on
Mar 31, 2023
Sold by
Nyero Charles H
Bought by
Pontaza Eduardo Calderon and Midence Daniela Isabel
Seller's Agent
Lupe Rohrer
Redfin Corp
Buyer's Agent
Arturo Cruz
EXP Realty, LLC
List Price
$229,000
Sold Price
$205,000
Premium/Discount to List
-$24,000
-10.48%
Views
33
Current Estimated Value
$249,437

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,437
Avg. Annual Appreciation
7.57%

Purchase Details

Closed on
May 4, 1994
Sold by
North Shore League Lp
Bought by
Nyero Charles H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,550
Interest Rate
7.7%
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
Pontaza Eduardo Calderon $205,000 None Listed On Document
Nyero Charles H $36,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nyero Charles H $35,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2023 03/31/23 Sold $205,000 -6.8% $510 / Sq Ft
03/14/2023 03/14/23 Pending -- -- --
02/15/2023 02/15/23 Price Changed $219,900 -4.0% $547 / Sq Ft
01/11/2023 01/11/23 For Sale $229,000 0.0% $570 / Sq Ft
08/10/2019 08/10/19 Rented $1,550 -3.1% --
08/07/2019 08/07/19 Under Contract -- -- --
05/31/2019 05/31/19 For Rent $1,600 +6.7% --
09/26/2018 09/26/18 Rented $1,500 -11.8% --
09/26/2018 09/26/18 Under Contract -- -- --
05/09/2018 05/09/18 For Rent $1,700 -- --
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 $1,734 $219,690 $65,910 $153,780
2024 $1,809 $228,000 $68,400 $159,600
2023 $1,890 $237,010 $71,100 $165,910
2022 $1,934 $241,340 $72,400 $168,940
2021 $1,917 $238,820 $71,650 $167,170
2020 $2,009 $236,370 $70,910 $165,460
2019 $1,948 $229,200 $68,760 $160,440
2018 $1,939 $228,110 $0 $0
2017 $1,902 $223,820 $0 $0
2016 $1,857 $218,510 $0 $0
2015 $1,814 $213,370 $0 $0
2014 $1,687 $198,490 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Arturo Cruz

    Buyer's Agent in 2023

    Arturo Cruz

    EXP Realty, LLC

    (703) 474-1134

    2 in this area

    154 Total Sales

    Arturo Cruz
    Section Image
  • Mark McNeill

    Seller's Agent in 2019

    Mark McNeill

    Long & Foster

    (301) 257-8173

    62 Total Sales

    Mark McNeill
    Section Image
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About Park Tower

Map

Source: Bright MLS

MLS Number: DCDC2079774

Bright MLS

APN: 2571-2048

District of Columbia District of Columbia County Washington 20009 Adams Morgan

2440 16th St NW Unit 303, Washington, DC

Not Listed for Sale

Condos

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