NOT LISTED FOR SALE

2550 University Place NW Unit 2 Washington, DC 20009

Columbia Heights Neighborhood

Estimated Value: $631,605 - $699,000

2 Beds
2 Baths
969 Sq Ft
$483/mo HOA Fee

Last Sold September 13, 2023

Last sale price $665,000 $686 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $4,438/month

80 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • Stainless Steel Appliances
  • Marie Reed Elementary School Rated A-
  • Victorian Architecture
  • 4-minute walk to Meridian Hill Park

About This Home

As of September 2023

Stylish 2 BR + 2 BA urban flat with secure parking in CoHi. Enjoy entertaining in the expansive living/dining space with a 10 ft soaring ceiling, a wall of glass, hardwood floors, and recessed lighting. The modern white kitchen boasts Bosch stainless steel appliances, a honed Carrara marble countertop, gas cooking, and a subway tile backsplash. Step out onto your private deck. The primary bedroom has a sun-splashed eastern exposure (front-facing) and an ensuite bath with shower/tub. There is also a guest bedroom and hall bath with shower. In-unit laundry. Pet friendly. One reserved surface/secure parking space. Relish the convenience of Meridian Hill Park and neighborhood hot spots including: Rooster & Owl | Seven Reasons | Maydan | La Colombe Coffee

Last Agent to Sell the Property

Michele Scardina

(202) 510-2955 michele@michelescardina.com Compass License #SP600841 Listed on: 05/26/2023

Compass

Last Buyer's Agent

Joshua Beamon

(202) 339-1911 info@joshuabeamon.com TTR Sotheby's International Realty

TTR Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,462

Year Built

  • Built in 1910

Lot Details

  • 523

HOA Fees

  • $483 Monthly HOA Fees

Home Design

  • Victorian Architecture
  • Entry on the 1st floor
  • Brick Exterior Construction

Interior Spaces

  • 969 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Recessed Lighting
  • Window Treatments
  • Transom Windows
  • Sliding Windows
  • Window Screens
  • Combination Dining and Living Room
  • Wood Flooring
  • Stacked Washer and Dryer

Kitchen

  • Gas Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Home Security

Parking

  • Assigned parking located at #P-2
  • Paved Parking
  • Off-Street Parking
  • Surface Parking
  • Parking Space Conveys
  • 1 Assigned Parking Space
  • Secure Parking

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Balcony
  • East Facing Home

Listing and Financial Details

  • Tax Lot 2002
  • Assessor Parcel Number 2663//2002

Community Details

Overview

  • Association fees include insurance, parking fee, reserve funds, sewer, trash, water
  • 5 Units
  • Mid-Rise Condominium
  • Ivory Tower Condos
  • Ivory Tower Community

Pet Policy

  • Dogs and Cats Allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,462

Year Built

Built in 1910

Lot Details

0

HOA Fees

$483 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Victorian
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-05-27
  • Federal Flood Zone: No
  • Year Built: 1910
  • Assigned Parking Space Numbers: P-2
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Front Loading, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer - Front Loading, Washer/Dryer Stacked, Water Heater
  • Entry Floor: 1
  • Flooring Type: Hardwood
  • Interior Amenities: Combination Dining/Living, Flat, Floor Plan - Open, Kitchen - Island, Recessed Lighting, Tub Shower, Window Treatments, Wood Floors
  • Window Features: Sliding, Screens, Transom
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Has Laundry
  • Total Sq Ft: 969
  • Living Area Sq Ft: 969
  • Price Per Sq Ft: 712.07
  • Above Grade Finished Sq Ft: 969
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2550

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Street Lights, Sidewalks
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned, Parking Space Conveys, Paved Parking, Secure Parking, Surface
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Driveway, Off Street
  • Number of Spaces in Driveway: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Carbon Monoxide Detector(s), Main Entrance Lock, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 482.70
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Ivory Tower
  • HOA Condo Co-Op Fee Includes: Insurance, Parking Fee, Reserve Funds, Sewer, Trash, Water
  • HOA: No
  • Senior Community: No

Schools

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

Lot Info

  • Outdoor Living Structures: Balcony
  • Soil Types: Urban Land-Sassafras-Chillum
  • Year Assessed: 2022
  • Zoning: RA-2
  • In City Limits: Yes

Rental Info

  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 4462.00
  • Assessor Parcel Number: 2663//2002
  • Tax Lot: 2002
  • Tax Total Finished Sq Ft: 969
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 09/13/2023

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2023
Closed on
Sep 1, 2023
Sold by
Exposito Ana Perez
Bought by
Fu Virginia Yu
Seller's Agent
Michele Scardina
Compass
Buyer's Agent
Joshua Beamon
TTR Sotheby's International Realty
List Price
$700,000
Sold Price
$665,000
Premium/Discount to List
-$35,000
-5%
Views
54
Current Estimated Value
$658,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,099
Avg. Annual Appreciation
-0.45%
Original Mortgage
$532,000
Outstanding Balance
$520,589
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$138,312
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
Fu Virginia Yu $665,000 Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fu Virginia Yu $532,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/07/2024 12/07/24 Off Market $3,790 -- --
10/22/2024 10/22/24 Price Changed $3,790 -2.6% $4 / Sq Ft
10/21/2024 10/21/24 For Rent $3,890 0.0% --
09/13/2023 09/13/23 Sold $665,000 -3.6% $686 / Sq Ft
07/11/2023 07/11/23 Price Changed $690,000 -1.4% $712 / Sq Ft
05/26/2023 05/26/23 For Sale $700,000 0.0% $722 / Sq Ft
08/03/2015 08/03/15 Rented $3,500 0.0% --
08/03/2015 08/03/15 Under Contract -- -- --
08/03/2015 08/03/15 For Rent $3,500 0.0% --
09/27/2013 09/27/13 Sold $590,000 +6.3% $508 / Sq Ft View Prior Sale
08/11/2013 08/11/13 Pending -- -- --
07/29/2013 07/29/13 For Sale $555,000 0.0% $478 / Sq Ft
07/02/2013 07/02/13 Pending -- -- --
06/21/2013 06/21/13 For Sale $555,000 -5.9% $478 / Sq Ft
06/19/2013 06/19/13 Off Market $590,000 -- --
06/15/2013 06/15/13 For Sale $555,000 -- $478 / 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 $5,372 $647,150 $194,140 $453,010
2023 $4,604 $640,340 $192,100 $448,240
2022 $4,462 $617,460 $185,240 $432,220
2021 $4,666 $638,540 $191,560 $446,980
2020 $4,626 $619,880 $185,960 $433,920
2019 $4,422 $595,070 $178,520 $416,550
2018 $4,369 $587,380 $0 $0
2017 $4,252 $572,740 $0 $0
2016 $3,977 $539,550 $0 $0
2015 $4,117 $555,810 $0 $0
2014 $4,128 $555,810 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC2097122

Bright MLS

APN: 2663-2002