NOT LISTED FOR SALE

Estimated Value: $487,000 - $566,000

1 Bed
1 Bath
711 Sq Ft
$589/mo HOA Fee

Last Sold March 23, 2023

Last sale price $550,000 $774 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $3,635/month

19 Days on Market

Highlights

  • Concierge
  • Fitness Center
  • Open Floorplan
  • School Without Walls @ Francis-Stevens Rated A-
  • City View
  • 3-minute walk to Francis Field

About This Home

As of March 2023

Sophistication and elegance blended with efficiency at a sought after West End address! This 700+ square foot studio features an open concept and tastefully renovated kitchen (2020) with quartz counters, SS appliance package, designer tile, backsplash and thoughtfully integrated soft close cabinets. Flow seamlessly from the kitchen to the dining room to the living room and onto the Southern facing and unobstructed, expansive balcony. (perfect for entertaining or enjoying a morning cup of coffee) The full bathroom (renovated 2020) boasts a dual quartz vanity, frameless glass shower w/ marble herringbone and floor to ceiling designer tile. The sleeping area offers a built in queen murphy bed and standing closets making the space highly versatile. There is exceptional (additional) storage space with a total of three different closets including a walk-in storage closet and a second with Elfa closet design system. The wide plank flooring, crown molding and sconce lighting additions round out this truly impressive offering. In addition, the water furnace was just replaced in 2022 making this a real turn-key opportunity. The building at 2501 was completely renovated in 2018 and features 24 hour concierge, on site management office, party room, business facilities and impressive gym. Absolutely prime location (walkscore 96) leaves nothing to be desired. Trader Joes, Foggy Bottom Metro, Blue Duck Tavern, Wholefoods, coffee shops, walking/biking trails, Georgetown Waterfront, Kennedy Center and much more all within blocks! Close proximity to all major commuter routes. Welcome home!

Last Agent to Sell the Property

Scott Sachs

(301) 908-4373 scott.sachs@compass.com Compass Listed on: 02/09/2023

Compass

Co-Listed By

Daniel Schuler

(301) 651-1895 daniel.schuler@compass.com Compass

Last Buyer's Agent

Kendra Carey

(703) 887-2117 kendra.carey@LNF.com Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,717

Year Built

  • Built in 1997

Lot Details

  • South Facing Home

HOA Fees

  • $589 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 6th floor
  • Vegetated Roof
  • Rubber Roof

Interior Spaces

  • 1 Full Bathroom
  • 711 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Double Pane Windows
  • Sliding Doors
  • Galley Kitchen

Home Security

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 2007
  • Assessor Parcel Number 0013//2007

Community Details

Overview

  • $250 Elevator Use Fee
  • Association fees include common area maintenance, custodial services maintenance, exterior building maintenance, management, insurance, reserve funds, sewer, snow removal, trash, water
  • Mid-Rise Condominium
  • The Westgate Condos
  • West End Subdivision

Amenities

  • Concierge
  • Meeting Room
  • Party Room
  • Elevator

Recreation

Pet Policy

  • Pets allowed on a case-by-case basis

Security

  • Front Desk in Lobby
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,717

Year Built

Built in 1997

Lot Details

0

HOA Fees

$589 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1997
  • Automatically Close On Close Date: No
  • Remarks Public: Sophistication and elegance blended with efficiency at a sought after West End address! This 700+ square foot studio features an open concept and tastefully renovated kitchen (2020) with quartz counters, SS appliance package, designer tile, backsplash and thoughtfully integrated soft close cabinets. Flow seamlessly from the kitchen to the dining room to the living room and onto the Southern facing and unobstructed, expansive balcony. (perfect for entertaining or enjoying a morning cup of coffee) The full bathroom (renovated 2020) boasts a dual quartz vanity, frameless glass shower w/ marble herringbone and floor to ceiling designer tile. The sleeping area offers a built in queen murphy bed and standing closets making the space highly versatile. There is exceptional (additional) storage space with a total of three different closets including a walk-in storage closet and a second with Elfa closet design system. The wide plank flooring, crown molding and sconce lighting additions round out this truly impressive offering. In addition, the water furnace was just replaced in 2022 making this a real turn-key opportunity. The building at 2501 was completely renovated in 2018 and features 24 hour concierge, on site management office, party room, business facilities and impressive gym. Absolutely prime location (walkscore 96) leaves nothing to be desired. Trader Joes, Foggy Bottom Metro, Blue Duck Tavern, Wholefoods, coffee shops, walking/biking trails, Georgetown Waterfront, Kennedy Center and much more all within blocks! Close proximity to all major commuter routes. Welcome home!
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 6
  • Interior Amenities: Kitchen - Galley, Floor Plan - Open
  • Window Features: Double Pane
  • Fireplace: No
  • Door Features: Sliding Glass
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 711
  • Living Area Sq Ft: 711
  • Price Per Sq Ft: 772.15
  • Above Grade Finished Sq Ft: 711
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2501

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
  • Roof: Rubber, Vegetated
  • View: City
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 589.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: The Westgate
  • Elevator Use Fee: 250.00
  • HOA Condo Co-Op Amenities: Concierge, Elevator, Fitness Center, Meeting Room, Party Room, Exercise Room
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Custodial Services Maintenance, Ext Bldg Maint, Management, Insurance, Reserve Funds, Sewer, Snow Removal, Trash, Water
  • HOA: No
  • Senior Community: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 315780.00
  • Land Assessed Value: 135330.00
  • Soil Types: Urban Land Not Rated
  • Year Assessed: 2022
  • Zoning: MU-10
  • In City Limits: No

Rental Info

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

Tax Info

  • Assessor Parcel Number: 15963327
  • Tax Annual Amount: 3717.00
  • Assessor Parcel Number: 0013//2007
  • Tax Lot: 2007
  • Tax Total Finished Sq Ft: 686
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 03/23/2023

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2023
Closed on
Mar 22, 2023
Sold by
Gisela I Matney Trust
Bought by
Callender Bayo A
Seller's Agent
Scott Sachs
Compass
Buyer's Agent
Kendra Carey
Long & Foster Real Estate, Inc.
List Price
$549,000
Sold Price
$550,000
Premium/Discount to List
$1,000
0.18%
Views
21
Current Estimated Value
$525,393

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$24,607
Avg. Annual Appreciation
1.57%
Original Mortgage
$522,500
Outstanding Balance
$507,713
Interest Rate
5.38%
Mortgage Type
New Conventional
Estimated Equity
$64,191

Purchase Details

Closed on
Jun 9, 2020
Sold by
Matney Gisela I
Bought by
Matney Gisela I and The Gisela I Matney Trust

Purchase Details

Closed on
Apr 25, 2016
Sold by
Matney Albert R and Matney Gisela I
Bought by
Matney Gisela I

Purchase Details

Listed on
Aug 8, 2012
Closed on
Jan 23, 2013
Sold by
Banks Alison A
Bought by
Matney Albert R
Seller's Agent
Michele Scardina
Compass
Buyer's Agent
Michele Scardina
Compass
List Price
$424,900
Sold Price
$355,000
Premium/Discount to List
-$69,900
-16.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.84%

Purchase Details

Closed on
Apr 14, 2004
Sold by
Jackson Daniel
Bought by
Banks Alison

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,800
Interest Rate
5.58%
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
Callender Bayo A $550,000 Allied Title
Matney Gisela I -- None Available
Matney Gisela I -- None Available
Matney Albert R $355,000 --
Banks Alison $291,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Callender Bayo A $522,500
Previous Owner Banks Alison $232,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2023 03/23/23 Sold $550,000 +0.2% $774 / Sq Ft
02/09/2023 02/09/23 For Sale $549,000 0.0% $772 / Sq Ft
06/16/2018 06/16/18 Rented $2,700 0.0% --
06/16/2018 06/16/18 Under Contract -- -- --
06/06/2018 06/06/18 For Rent $2,700 +36.7% --
05/05/2015 05/05/15 Rented $1,975 -19.4% --
05/05/2015 05/05/15 Under Contract -- -- --
02/12/2015 02/12/15 For Rent $2,450 0.0% --
06/28/2013 06/28/13 Rented $2,450 +2.1% --
06/28/2013 06/28/13 Under Contract -- -- --
05/22/2013 05/22/13 For Rent $2,400 0.0% --
01/23/2013 01/23/13 Sold $355,000 -5.3% $517 / Sq Ft
01/01/2013 01/01/13 Pending -- -- --
12/12/2012 12/12/12 Price Changed $374,900 -2.6% $547 / Sq Ft
11/09/2012 11/09/12 Price Changed $384,900 -3.8% $561 / Sq Ft
09/20/2012 09/20/12 Price Changed $399,900 -5.9% $583 / Sq Ft
08/20/2012 08/20/12 For Sale $424,900 0.0% $619 / Sq Ft
08/18/2012 08/18/12 Pending -- -- --
08/08/2012 08/08/12 For Sale $424,900 -- $619 / 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 $3,248 $484,390 $145,320 $339,070
2023 $2,995 $451,110 $135,330 $315,780
2022 $3,717 $451,110 $135,330 $315,780
2021 $3,721 $451,110 $135,330 $315,780
2020 $3,834 $451,110 $135,330 $315,780
2019 $3,834 $451,110 $135,330 $315,780
2018 $3,766 $443,060 $0 $0
2017 $3,766 $443,010 $0 $0
2016 $3,632 $427,250 $0 $0
2015 $3,456 $406,610 $0 $0
2014 -- $318,040 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC2083422

Bright MLS

APN: 0013-2007