Seller's Agent in 2024
Rebecca Weiner
Compass
(202) 213-3314
12 in this area
396 Total Sales
Park Tower 2440 16th St NW Unit 312 Washington, DC 20009
Adams Morgan NeighborhoodEstimated Value: $386,000 - $421,000
1
Bed
1
Bath
635
Sq Ft
$578/mo
HOA Fee
Highlights
- Fitness Center
- Open Floorplan
- Engineered Wood Flooring
- Marie Reed Elementary School Rated A-
- Art Deco Architecture
- 4-minute walk to Meridian Hill Park
About This Home
As of May 2024Generously-sized one bedroom condo across from Meridian Hill Park – with available rental parking in the Building! This neighborhood is central to everything that DC has to offer - not only is it around the corner from a Harris Teeter, it is a short walk to either the Columbia Heights or U Street Metro Stations, and numerous shops and cafes.
Sunlit and spacious, this condo has a living area with views of the park, lovely dining area, and kitchen with stainless steel appliances and a breakfast bar. The recently replaced full-size washer and dryer are hidden behind louvered doors.
The over-sized bedroom offers space for a king size bed – and enough space for a second walk in closet or office nook. The large, professionally outfitted walk-in closet leads to an updated bath with a new vanity, new lighting, and updated fixtures. The floors are a light oak engineered hardwood and the energy efficient and sound-dampening double-paned windows were just installed in March of 2024.
The building itself dates from 1929 and has stunning Art Deco presence on 16th Street and a glorious lobby. In recent years the building has upgraded its entry system so that you can use a virtual key code to come and go and that allows delivery companies to securely drop off your packages.
A note on the parking: The owners currently rent a parking space in the building’s secure garage from another unit owner for $250 a month. The sellers have arranged that this lease can continue after the sale if the new owner so chooses.
Last Agent to Sell the Property
(202) 213-3314 rebecca.weiner@compass.com Compass License #0225224576 Listed on: 04/18/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,113
Year Built
- Built in 1929
Lot Details
- 305
HOA Fees
- $578 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Basement Garage
- On-Street Parking
- Parking Fee
- Rented or Permit Required
- Secure Parking
Home Design
- Art Deco Architecture
- Entry on the 3rd floor
- Brick Exterior Construction
Interior Spaces
- 635 Sq Ft Home
- Property has 1 Level
- Open Floorplan
- Built-In Features
- Bar
- Recessed Lighting
- Double Pane Windows
- Double Hung Windows
- Engineered Wood Flooring
Kitchen
- Electric Oven or Range
- Built-In Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
- 1 Main Level Bedroom
- Walk-In Closet
- 1 Full Bathroom
- Bathtub with Shower
Laundry
- Laundry in unit
- Dryer
- Washer
Home Security
- Intercom
- Exterior Cameras
Utilities
- Cooling System Mounted In Outer Wall Opening
- Forced Air Heating System
- Electric Water Heater
Additional Features
- Accessible Elevator Installed
- Energy-Efficient Windows
- Historic Home
Listing and Financial Details
- Tax Lot 2056
- Assessor Parcel Number 2571//2056
Community Details
Overview
- Association fees include water, sewer, insurance, management, lawn care front, reserve funds, trash, exterior building maintenance
- Mid-Rise Condominium
- Park Tower Condominium Condos
- Mount Pleasant Community
- Adams Morgan Subdivision
Amenities
- Common Area
- 2 Elevators
Recreation
Pet Policy
- Pets Allowed
Security
- Front Desk in Lobby
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 18, 2024
Closed on
May 15, 2024
Sold by
Berger Daniel Lawrence
Bought by
Hablutzel Kathleen Rae
Seller's Agent
Rebecca Weiner
Compass
Buyer's Agent
Roby Thompson
Long & Foster Real Estate, Inc.
List Price
$395,000
Sold Price
$418,500
Premium/Discount to List
$23,500
5.95%
Views
23
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$20,986
Avg. Annual Appreciation
-3.24%
Original Mortgage
$292,950
Outstanding Balance
$286,762
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$110,752
Purchase Details
Listed on
Mar 19, 2020
Closed on
Apr 28, 2020
Sold by
Cunningham Matthew G
Bought by
Berger Daniel Lawrence
Seller's Agent
Eric Broermann
Compass
Buyer's Agent
David Getson
Compass
List Price
$385,000
Sold Price
$383,000
Premium/Discount to List
-$2,000
-0.52%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.21%
Original Mortgage
$318,550
Interest Rate
3.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 29, 2005
Sold by
Richard Michael T
Bought by
Cunningham Matthew G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
5.63%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hablutzel Kathleen Rae | $418,500 | Rgs Title | |
| Berger Daniel Lawrence | $383,000 | Allied Title Llc | |
| Cunningham Matthew G | $335,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hablutzel Kathleen Rae | $292,950 | |
| Previous Owner | Berger Daniel Lawrence | $318,550 | |
| Previous Owner | Cunningham Matthew G | $268,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/15/2024 05/15/24 | Sold | $418,500 | +5.9% | $659 / Sq Ft | |
| 04/18/2024 04/18/24 | For Sale | $395,000 | +3.1% | $622 / Sq Ft | |
| 04/28/2020 04/28/20 | Sold | $383,000 | -0.5% | $603 / Sq Ft | View Prior Sale |
| 03/28/2020 03/28/20 | Pending | -- | -- | -- | |
| 03/19/2020 03/19/20 | For Sale | $385,000 | -- | $606 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $2,103 | $352,850 | $105,850 | $247,000 |
| 2024 | $2,244 | $366,190 | $109,860 | $256,330 |
| 2023 | $2,380 | $378,740 | $113,620 | $265,120 |
| 2022 | $3,113 | $379,970 | $113,990 | $265,980 |
| 2021 | $2,868 | $350,710 | $105,210 | $245,500 |
| 2020 | $2,928 | $344,490 | $103,350 | $241,140 |
| 2019 | $2,847 | $334,930 | $100,480 | $234,450 |
| 2018 | $2,834 | $333,360 | $0 | $0 |
| 2017 | $2,170 | $327,700 | $0 | $0 |
| 2016 | $2,099 | $318,680 | $0 | $0 |
| 2015 | $2,043 | $311,750 | $0 | $0 |
| 2014 | -- | $289,870 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Rebecca Weiner
-
Illia Schwarz
Seller Co-Listing Agent in 2024
Illia Schwarz
Compass
(202) 841-7789
1 in this area
29 Total Sales
-
Roby Thompson
Buyer's Agent in 2024
Roby Thompson
Long & Foster
(202) 255-2986
8 in this area
151 Total Sales
-
Eric Broermann
Seller's Agent in 2020
Eric Broermann
Compass
(202) 643-1480
6 in this area
243 Total Sales
-
Kevin Lee
Seller Co-Listing Agent in 2020
Kevin Lee
Compass
(202) 251-7016
1 in this area
83 Total Sales
-
David Getson
D
Buyer's Agent in 2020
David Getson
Compass
(202) 705-8800
8 in this area
117 Total Sales
About Park Tower
Map
Source: Bright MLS
MLS Number: DCDC2137788
APN: 2571-2056
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