NOT LISTED FOR SALE

Park Tower 2440 16th St NW Unit 307 Washington, DC 20009

Adams Morgan Neighborhood

Estimated Value: $369,624 - $439,000

1 Bed
1 Bath
654 Sq Ft
$410/mo HOA Fee

Last Sold November 01, 2017

Last sale price $404,900 $619 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,703/month

6 Days on Market

Highlights

  • Fitness Center
  • Open Floorplan
  • Wood Flooring
  • Marie Reed Elementary School Rated A-
  • Art Deco Architecture
  • 4-minute walk to Meridian Hill Park

About This Home

As of November 2017

Spacious condo in historic Park Tower.Open floorplan w lots of light.Reno d KIT w SS appls, granite counters & breakfast bar.Shaker style cabinets, lots of storage, Elfa custom closet, W/D in-unit!Recently reno d BR w custom tiling & soaking tub.Energy star appls.Parking included! >1mi to U St, Columbia Heights & Woodley Park metro. Please submit offers if any Tuesday 5:00 pm

Last Agent to Sell the Property

James Grant

(202) 577-8428 james@thegrantgroup.com Compass License #603715 Listed on: 09/21/2017

Compass

Last Buyer's Agent

Lee Murphy

(202) 277-7477 lee.murphy@wfp.com Washington Fine Properties, LLC License #SP98358325

Washington Fine Properties, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,374

Year Built

  • Built in 1929

Lot Details

  • 305

HOA Fees

  • $410 Monthly HOA Fees

Home Design

  • Art Deco Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 1 Level
  • Open Floorplan
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Electric Oven or Range
  • Range Hood
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Parking Space Number Location: 25
  • Surface Parking
  • Parking Space Conveys

Schools

  • Marie Reed Elementary School
  • Jackson-Reed High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 2052
  • Assessor Parcel Number 2571//2052

Community Details

Overview

  • Moving Fees Required
  • Association fees include water, sewer, snow removal
  • Mid-Rise Condominium
  • Mount Pleasant Community
  • Mount Pleasant Subdivision

Amenities

  • Elevator

Recreation

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,374

Year Built

Built in 1929

Lot Details

0

HOA Fees

$410 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Art Deco
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1929
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Icemaker, Oven/Range - Electric, Range Hood, Refrigerator, Washer
  • Interior Amenities: Combination Dining/Living, Upgraded Countertops, Wood Floors, Floor Plan - Open
  • Fireplace: No
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Parking Space Conveys, Surface
  • Parking Space Number Assigned: 25

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 410.41
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Elevator, Exercise Room
  • HOA Condo Co-Op Fee Includes: Water, Sewer, Snow Removal
  • HOA Condo Co-Op Rules: Moving Fees Required, Pets - Allowed
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School: MARIE REED
  • High School: JACKSON-REED

Lot Info

  • Property Attached Yn: Yes
  • Soil Types: Urban Land-Sassafras-Chillum
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2374.04
  • Assessor Parcel Number: 2571//2052
  • Tax Lot: 2052
  • Tax Year: 2016

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2017
Closed on
Oct 24, 2017
Sold by
Fadely Craig Karen M
Bought by
Lobelle Amandine B N Micheline
Seller's Agent
James Grant
Compass
Buyer's Agent
Lee Murphy
Washington Fine Properties, LLC
List Price
$369,000
Sold Price
$404,900
Premium/Discount to List
$35,900
9.73%
Current Estimated Value
$401,656

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,244
Avg. Annual Appreciation
-0.10%
Original Mortgage
$345,000
Outstanding Balance
$287,556
Interest Rate
3.83%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$114,100

Purchase Details

Closed on
Nov 5, 2010
Sold by
Washeleski Jennifer D
Bought by
Fadely Karen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,900
Interest Rate
4.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2007
Sold by
Beaudry Colette
Bought by
Washeleski Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,600
Interest Rate
6.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 13, 1998
Sold by
Hud Housing Urban Development
Bought by
Cashman Pete L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,500
Interest Rate
6.92%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 9, 1998
Sold by
U D H
Bought by
Cashman Pete L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,500
Interest Rate
6.92%
Mortgage Type
FHA
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
Lobelle Amandine B N Micheline $404,900 Peak Settlements Llc
Fadely Karen M $342,000 --
Washeleski Jennifer $324,500 --
Cashman Pete L $56,000 Transamerica Title Insurance
Cashman Pete L $56,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lobelle Amandine B N Micheline $345,000
Previous Owner Fadely Karen M $324,900
Previous Owner Washeleski Jennifer $259,600
Previous Owner Cashman Pete L $54,500
Previous Owner Cashman Pete L $54,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/01/2017 11/01/17 Sold $404,900 +9.7% $619 / Sq Ft
09/27/2017 09/27/17 Pending -- -- --
09/21/2017 09/21/17 For Sale $369,000 -- $564 / 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
2025 $2,162 $359,800 $107,940 $251,860
2024 $2,305 $373,400 $112,020 $261,380
2023 $2,443 $386,080 $115,820 $270,260
2022 $2,507 $387,460 $116,240 $271,220
2021 $2,493 $382,880 $114,860 $268,020
2020 $2,554 $376,170 $112,850 $263,320
2019 $2,500 $368,950 $110,680 $258,270
2018 $2,498 $367,230 $0 $0
2017 $2,453 $361,030 $0 $0
2016 $2,374 $351,000 $0 $0
2015 $2,290 $343,420 $0 $0
2014 $2,092 $316,340 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • James Grant

    Seller's Agent in 2017

    James Grant

    Compass

    (202) 577-8428

    1 in this area

    75 Total Sales

    James Grant
    Section Image
  • Lee Murphy

    Buyer's Agent in 2017

    Lee Murphy

    Washington Fine Properties

    (202) 277-7477

    6 in this area

    110 Total Sales

    Lee Murphy
    Section Image
See All Agents

About Park Tower

Map

Source: Bright MLS

MLS Number: 1001016127

Bright MLS

APN: 2571-2052

District of Columbia District of Columbia County Washington 20009 Adams Morgan

2440 16th St NW Unit 307, Washington, DC

Not Listed for Sale

Condos

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