NOT LISTED FOR SALE

Park Tower 2440 16th St NW Unit 425 Washington, DC 20009

Adams Morgan Neighborhood

Estimated Value: $336,060 - $380,000

1 Bed
1 Bath
550 Sq Ft
$415/mo HOA Fee

Last Sold May 19, 2017

Last sale price $349,000 $635 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,513/month

5 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 May 2017

NEW LISTING! 1BR/1BA Renovated kitch & bath, large living room w/ sep dining area, wood floors, exposed brick wall, CAC. Situated on corner, facing Kalorama Rd, this home is sunny and quiet. Enjoy the bay window nook and absorb the light. Building has an attended front desk and a gym. Rental parking available from owners in building. Blocks to both Adams Morgan & U St.

Last Agent to Sell the Property

Marin Hagen

(202) 257-2339 mhagen@cbmove.com Coldwell Banker Realty - Washington License #WVS210301505 Listed on: 04/14/2017

Coldwell Banker Realty - Washington

Co-Listed By

Sylvia Bergstrom

(202) 333-6100 sbergstrom@cbmove.com Coldwell Banker Realty - Washington

Last Buyer's Agent

Amy Wease

(703) 899-6374 amy@amywease.com Compass

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,049

Year Built

  • Built in 1929

Lot Details

  • 261

HOA Fees

  • $415 Monthly HOA Fees

Parking

  • On-Site Parking for Rent

Home Design

  • Art Deco Architecture
  • Brick Exterior Construction

Interior Spaces

  • 550 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Window Treatments
  • Dining Area
  • Wood Flooring
  • Exterior Cameras
  • Stacked Washer and Dryer

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • En-Suite Bathroom
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Additional Features

  • Accessible Elevator Installed
  • Property is in very good condition

Listing and Financial Details

  • Tax Lot 2091
  • Assessor Parcel Number 2571//2091

Community Details

Overview

  • Moving Fees Required
  • Association fees include common area maintenance, water, trash, sewer, snow removal, management
  • Mid-Rise Condominium
  • Park Tower Community
  • Mount Pleasant Subdivision

Amenities

  • Laundry Facilities
  • Elevator

Recreation

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Front Desk in Lobby
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,049

Year Built

Built in 1929

Lot Details

0

HOA Fees

$415 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: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1929
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dryer - Front Loading, Microwave, Oven/Range - Electric, Washer - Front Loading, Dishwasher, Disposal, Refrigerator, Washer/Dryer Stacked
  • Interior Amenities: Dining Area, Primary Bath(s), Upgraded Countertops, Elevator, Window Treatments, Wood Floors, Floor Plan - Open, Floor Plan - Traditional
  • Fireplace: No
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Common
  • Living Area Units: Square Feet
  • Total Sq Ft: 550
  • Living Area Sq Ft: 550
  • Price Per Sq Ft: 634.55
  • Above Grade Finished Sq Ft: 550
  • 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: On-Site - Rent

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Desk In Lobby, Main Entrance Lock, Exterior Cameras, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 415.21
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Elevator, Fitness Center
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Water, Trash, Sewer, Snow Removal, Management
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA Condo Co-Op Rules: Moving Fees Required, Pets - Size Restrict, Elevator Use, Pets - Allowed
  • HOA: No
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 224830.00
  • Land Assessed Value: 96360.00
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Soil Types: Urban Land-Sassafras-Chillum
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16123700
  • Tax Annual Amount: 2048.76
  • Assessor Parcel Number: 2571//2091
  • Tax Lot: 2091
  • 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
Apr 14, 2017
Closed on
May 15, 2017
Sold by
Lesser Bethany
Bought by
Barnes Emily
Seller's Agent
Marin Hagen
Coldwell Banker Realty - Washington
Buyer's Agent
Amy Wease
Compass
List Price
$349,000
Sold Price
$349,000
Current Estimated Value
$357,842

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,842
Avg. Annual Appreciation
0.11%
Original Mortgage
$314,100
Outstanding Balance
$260,588
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$91,677

Purchase Details

Listed on
Mar 15, 2012
Closed on
Apr 19, 2012
Sold by
Weirich Thomas P
Bought by
Lesser Bethany
Seller's Agent
Shawn Breck
TTR Sotheby's International Realty
Buyer's Agent
Tyler Garrison
Compass
Sold Price
$315,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.04%
Original Mortgage
$252,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2007
Sold by
Clayton Peter
Bought by
Weirich Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
6.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 3, 2003
Sold by
Smith Barbara
Bought by
Clayton Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,950
Interest Rate
6.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2002
Sold by
Autrey Robert
Bought by
Smith Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
6.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 10, 1994
Sold by
North Shore League Lp
Bought by
Braxton Robert L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,100
Interest Rate
6.93%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Barnes Emily $349,000 Kvs Title Llc
Lesser Bethany $315,000 --
Weirich Thomas $300,000 --
Clayton Peter $221,649 --
Smith Barbara $75,000 --
Braxton Robert L $53,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barnes Emily $314,100
Previous Owner Lesser Bethany $252,000
Previous Owner Weirich Thomas $285,000
Previous Owner Clayton Peter $214,950
Previous Owner Smith Barbara $67,500
Previous Owner Braxton Robert L $51,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/19/2017 05/19/17 Sold $349,000 0.0% $635 / Sq Ft
04/19/2017 04/19/17 Pending -- -- --
04/14/2017 04/14/17 For Sale $349,000 +10.8% $635 / Sq Ft
04/20/2012 04/20/12 Sold $315,000 -- $573 / Sq Ft View Prior Sale
03/15/2012 03/15/12 Pending -- -- --
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 $2,594 $320,840 $96,250 $224,590
2024 $1,961 $332,970 $99,890 $233,080
2023 $2,093 $344,930 $103,480 $241,450
2022 $2,151 $345,470 $103,640 $241,830
2021 $2,130 $340,240 $102,070 $238,170
2020 $2,195 $333,880 $100,160 $233,720
2019 $2,156 $328,470 $98,540 $229,930
2018 $2,155 $326,930 $0 $0
2017 $2,114 $321,190 $0 $0
2016 $2,049 $312,730 $0 $0
2015 $1,966 $305,760 $0 $0
2014 $1,798 $281,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Marin Hagen

    Seller's Agent in 2017

    Marin Hagen

    Coldwell Banker (NRT-Southeast-MidAtlantic)

    (202) 257-2339

    9 in this area

    126 Total Sales

    Marin Hagen
    Section Image
  • Sylvia Bergstrom

    Seller Co-Listing Agent in 2017

    Sylvia Bergstrom

    Coldwell Banker (NRT-Southeast-MidAtlantic)

    (202) 333-6100

    6 in this area

    79 Total Sales

    Sylvia Bergstrom
    Section Image
  • Amy Wease

    Buyer's Agent in 2017

    Amy Wease

    Compass

    (703) 899-6374

    3 in this area

    87 Total Sales

    Amy Wease
    Section Image
  • Shawn Breck

    Seller's Agent in 2012

    Shawn Breck

    TTR Sotheby's International Realty

    (202) 641-1200

    1 in this area

    62 Total Sales

    Shawn Breck
    Section Image
  • Tyler Garrison

    Buyer's Agent in 2012

    Tyler Garrison

    Compass

    (202) 256-2132

    5 in this area

    99 Total Sales

    Tyler Garrison
    Section Image
See All Agents

About Park Tower

Map

Source: Bright MLS

MLS Number: 1001387501

Bright MLS

APN: 2571-2091

District of Columbia District of Columbia County Washington 20009 Adams Morgan

2440 16th St NW Unit 425, Washington, DC

Not Listed for Sale

Condos

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