NOT LISTED FOR SALE

Estimated Value: $384,000 - $426,000

1 Bed
1 Bath
893 Sq Ft
$899/mo HOA Fee

Last Sold May 03, 2023

Last sale price $355,000 $398 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,322/month

12 Days on Market

Highlights

  • Concierge
  • Fitness Center
  • Community Center
  • Hyde Addison Elementary School Rated A
  • Beaux Arts Architecture
  • 4-minute walk to Rose Park

About This Home

As of May 2023

Welcome home! Unit #542 of the Gateway Georgetown is an updated & move-in-ready corner unit. You’ll find the open floorplan to be light filled & airy. The generous living and dining rooms are perfect to entertain & offer plenty of space for a home office.

The gourmet kitchen has been beautifully updated & features a lovely view/window above the sink, stylish backsplash, quartz counters, ample cabinet space, under cabinet lighting, & stainless-steel appliances including a new fridge & gas range. Before entering the living room you’ll find a unique foyer with coat closet. Incredible storage throughout includes 5 closets, one of which is a large walk-in with customizable shelving. The spacious bedroom is in the corner of the building & has two windows.

Recent updates include: Gas range with WiFi/no-preheat air fry/convection, fridge, HVAC systems (both units), lighting throughout, flooring, kitchen backsplash, cabinet & door hardware, bath updates, & more.

You’ll enjoy the amenities of the Gateway Georgetown including a rooftop sundeck with stunning city views, 24-hour concierge, on-site building management & maintenance staff, 24-hour package lockers, business center, community room, bike parking ($50/yr), fitness center ($20/month), storage available for rent, & large modern laundry facilities that you can use from an app on your phone. Utilities (electricity, gas, water/sewer, heating/cooling) are all included in condo fee!

The Georgetown/Dupont location is truly unbeatable. The Gateway Georgetown is situated next to Rock Creek Park/Trail & directly across the street from Rose Park. Convenient to all things in Dupont and Georgetown. There are 2 farmers markets within just blocks (Dupont on Sunday, Rose Park on Wednesday). Easily accessible public transportation with bus stops in front of the building on Q St, behind the building on P St, & a short walk to the Dupont Metro. Restaurants, coffee shops, cocktail bars, shopping, dry-cleaner, & more – are all within just a few blocks.

Do you need parking? No problem! Parking spaces in the garage of the Gateway Georgetown are individually owned & often come up for rent or sale. The sellers have rented a space since 2019 for $250/month. Parking across the street is occasionally available for $185/month.

Last Agent to Sell the Property

Dustin Borzet

RLAH @properties Listed on: 04/05/2023

RLAH @properties

Last Buyer's Agent

Merry Miller

Berkshire Hathaway HomeServices PenFed Realty

Berkshire Hathaway HomeServices PenFed Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,560

Year Built

  • Built in 1942

Lot Details

  • 392

HOA Fees

  • $899 Monthly HOA Fees

Home Design

  • Beaux Arts Architecture

Interior Spaces

  • 893 Sq Ft Home
  • Property has 1 Level
  • Window Screens

Kitchen

  • Gas Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Parking

  • On-Site Parking for Sale
  • On-Site Parking for Rent

Accessible Home Design

  • Accessible Elevator Installed

Utilities

  • Central Air
  • Cooling System Mounted In Outer Wall Opening
  • Heat Pump System
  • Wall Furnace
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1264/E/2235

Community Details

Overview

  • Association fees include air conditioning, common area maintenance, electricity, exterior building maintenance, heat, management, reserve funds, snow removal, trash, water, gas, sewer
  • Mid-Rise Condominium
  • Gateway Georgetown Condos
  • Georgetown Community
  • Georgetown Subdivision
  • Property Manager

Amenities

  • Concierge
  • Common Area
  • Community Center
  • Laundry Facilities
  • Community Storage Space

Recreation

Pet Policy

  • Cats Allowed

Security

  • Security Service
  • Front Desk in Lobby

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,560

Year Built

Built in 1942

Lot Details

0

HOA Fees

$899 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Beaux Arts
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1942
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven/Range - Gas, Range Hood, Refrigerator, Stainless Steel Appliances
  • Entry Floor: 5
  • Window Features: Screens
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Common
  • Total Sq Ft: 893
  • Living Area Sq Ft: 893
  • Price Per Sq Ft: 403.02
  • Above Grade Finished Sq Ft: 893
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2500

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, Below Grade
  • 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, On-Site - Sale

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit, Central A/C
  • Heating Fuel: Electric
  • Heating Type: Wall Unit, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Desk In Lobby
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 899.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Gateway Georgetown
  • HOA Condo Co-Op Amenities: Common Grounds, Concierge, Exercise Room, Elevator, Laundry Facilities, Security, Storage Bin, Community Center
  • HOA Condo Co-Op Fee Includes: Air Conditioning, Common Area Maintenance, Electricity, Ext Bldg Maint, Heat, Management, Reserve Funds, Snow Removal, Trash, Water, Gas, Sewer
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • School District Key: 121140357950
  • School District Source: Listing Agent

Lot Info

  • Soil Types: Urban Land Not Rated
  • Zoning: RA-2
  • In City Limits: Yes

Rental Info

  • Pets: Cats Ok, Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 2560.00
  • Assessor Parcel Number: 1264/E/2235
  • Tax Year: 2022
  • Close Date: 05/03/2023

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2023
Closed on
May 2, 2023
Sold by
Borzet Dustin R
Bought by
Wendy And Brenton Collins Family Trust
Seller's Agent
Dustin Borzet
RLAH @properties
Buyer's Agent
Merry Miller
Berkshire Hathaway HomeServices PenFed Realty
List Price
$369,900
Sold Price
$355,000
Premium/Discount to List
-$14,900
-4.03%
Views
77
Current Estimated Value
$396,696

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,696
Avg. Annual Appreciation
4.90%

Purchase Details

Listed on
Sep 4, 2019
Closed on
Oct 31, 2019
Sold by
Vetter Benjamin
Bought by
Borzet Dustin R and Borzet Alvaro A
Seller's Agent
Maria Reddick
BEBE REALTY
Buyer's Agent
Dustin Borzet
RLAH @properties
List Price
$369,900
Sold Price
$365,000
Premium/Discount to List
-$4,900
-1.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.79%
Original Mortgage
$358,388
Interest Rate
3.65%

Purchase Details

Closed on
Jan 5, 2018
Sold by
The Clarlyn & 542 Llc A District Of Columb
Bought by
Vetter Benjamin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2012
Sold by
Molina Claudia and Antanaitis Gene
Bought by
The Carlyn 542 Llc

Purchase Details

Closed on
Dec 27, 2004
Sold by
Maggied Sandy
Bought by
Antanaitis Gene and Molina Claudia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
5.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 24, 2003
Sold by
Yolanda Espiza
Bought by
Aukeman Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,200
Interest Rate
6.15%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Wendy And Brenton Collins Family Trust $355,000 Stewart Title Guaranty Company
Borzet Dustin R $365,000 Pinnacle Settlement Svcs Inc
Vetter Benjamin $375,000 None Available
The Carlyn 542 Llc $343,750 --
Antanaitis Gene $380,000 --
Aukeman Mark $264,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Borzet Dustin R $358,388
Previous Owner Vetter Benjamin $337,500
Previous Owner Antanaitis Gene $304,000
Previous Owner Antanaitis Eugenijus $57,000
Previous Owner Aukeman Mark $161,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2023 05/03/23 Sold $355,000 -1.4% $398 / Sq Ft
04/17/2023 04/17/23 Pending -- -- --
04/12/2023 04/12/23 Price Changed $359,900 -2.7% $403 / Sq Ft
04/05/2023 04/05/23 For Sale $369,900 +1.3% $414 / Sq Ft
10/31/2019 10/31/19 Sold $365,000 -1.3% $409 / Sq Ft
10/03/2019 10/03/19 Pending -- -- --
09/04/2019 09/04/19 For Sale $369,900 -- $414 / 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
2024 $3,133 $383,720 $115,120 $268,600
2023 $2,277 $366,560 $109,970 $256,590
2022 $2,560 $402,860 $120,860 $282,000
2021 $2,341 $365,000 $109,500 $255,500
2020 $2,789 $403,800 $121,140 $282,660
2019 $2,824 $407,110 $122,130 $284,980
2018 $2,757 $397,710 $0 $0
2017 $3,335 $392,370 $0 $0
2016 $3,186 $374,860 $0 $0
2015 $3,112 $366,060 $0 $0
2014 -- $346,410 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC2090908

Bright MLS

APN: 1264E-2235