NOT LISTED FOR SALE

2601 Sherman Ave NW Unit 2 Washington, DC 20001

Pleasant Plains Neighborhood

Estimated Value: $1,253,794

2 Beds
2 Baths
1,110 Sq Ft
$1,130/Sq Ft Est. Value

Last Sold November 06, 2013

Last sale price $965,000 $869 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $7,557/month

57 Days on Market

Highlights

  • Built in 2013 | Newly Remodeled
  • Ceiling height of 9 feet or more
  • Balcony
  • Wood Flooring
  • Upgraded Countertops
  • 4-minute walk to Banneker Recreation Center

About This Home

As of November 2013

Stunning LIVE-WORK CONDO OPPORTUNITY! Modern 2bd/2ba loft w/ loads of natural light, beautiful exposed brick, balcony, 20' ceilings & music/intercom system. Perfect for entertaining and comfortable city living! Catwalk leads to flexible den/office. 1/2 mi. to U St and Columbia Hts metros. Sits atop retail space ideal for grocery/coffee shop also available for purchase. YOU MUST SEE THIS IN PERSON!

Last Agent to Sell the Property

Jacques Edelin

(240) 498-1987 jacques.edelin@exprealty.com EXP Realty, LLC Listed on: 06/19/2013

EXP Realty, LLC

Last Buyer's Agent

Bill Castellani

(202) 360-2278 wcastellan@aol.com Brian Logan Real Estate License #SP98359961

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,695

Year Built

  • Built in 2013 | Newly Remodeled

Lot Details

  • 871

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • On-Site Parking for Sale

Home Design

  • Brick Exterior Construction
  • Stucco

Interior Spaces

  • 1,110 Sq Ft Home
  • Property has 3 Levels
  • Brick Wall or Ceiling
  • Ceiling height of 9 feet or more
  • Skylights
  • Recessed Lighting
  • Low Emissivity Windows
  • Insulated Windows
  • Casement Windows
  • Window Screens
  • Sliding Doors
  • Family Room Off Kitchen
  • Wood Flooring
  • Intercom

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Front Loading Dryer
  • Front Loading Washer

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Public Septic

Additional Features

  • Energy-Efficient Appliances
  • Balcony
  • Property is in very good condition

Community Details

  • 2601 Sherman Community

Listing and Financial Details

  • Tax Lot 61
  • Assessor Parcel Number 2884//0061

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,695

Year Built

Built in 2013 | Newly Remodeled

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Loft
  • Ownership: Condominium
  • New Construction: Yes
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 2013
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Refrigerator, Oven/Range - Gas, Intercom, Microwave, Washer - Front Loading, Dryer - Front Loading, Disposal, Energy Efficient Appliances
  • Interior Amenities: Family Room Off Kitchen, Kitchen - Island, Kitchen - Eat-In, Wood Floors, Upgraded Countertops, Recessed Lighting
  • Window Features: Casement, Low-E, Insulated, Screens, Skylights
  • Fireplace: No
  • Door Features: Sliding Glass
  • Wall Ceiling Types: Brick, 9'+ Ceilings, High
  • Entry Location: Floors 2-5
  • Levels Count: 3+
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 1110
  • Living Area Sq Ft: 1110
  • Price Per Sq Ft: 585.50
  • Above Grade Finished Sq Ft: 1110
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Upper Level Bathrooms: 1.00
  • Upper Level 2 Bathrooms: 1.00

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick, Stucco
  • Construction Completed: 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 - Sale

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Intercom
  • Sewer/Septic System: Public Septic, Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • Condo Co-Op Fee: 150.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA: No

Lot Info

  • Improvement Assessed Value: 274250.00
  • Land Assessed Value: 70880.00
  • Outdoor Living Structures: Balcony
  • Property Condition: Very Good
  • Soil Types: Unknown
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16109836
  • Tax Annual Amount: 5694.65
  • Assessor Parcel Number: 2884//0061
  • Tax Lot: 61
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 22, 2014
Sold by
Zarkar Hannah N
Bought by
Zarkar Hannah N and Zarkar Jamileh T
Current Estimated Value
$1,253,794

Purchase Details

Listed on
Jun 19, 2013
Closed on
Nov 6, 2013
Sold by
Amanda Clarke Architecture Con
Bought by
Zarkar Hannah N
Seller's Agent
Jacques Edelin
EXP Realty, LLC
Buyer's Agent
Bill Castellani
Brian Logan Real Estate
List Price
$649,900
Sold Price
$965,000
Premium/Discount to List
$315,100
48.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.18%
Original Mortgage
$526,404
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 15, 2011
Sold by
Forster Sub Tr Todd P and Ma Chong Hui
Bought by
Amanda Clarke Architecture Con

Purchase Details

Closed on
Apr 10, 1995
Sold by
Ku Cha U
Bought by
Ma Chong H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.66%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Zarkar Hannah N -- --
Zarkar Hannah N $965,000 --
Amanda Clarke Architecture Con $190,700 --
Ma Chong H $149,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zarkar Hannah N $526,404
Previous Owner Ma Chong H $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/06/2013 11/06/13 Sold $965,000 +48.5% $869 / Sq Ft
08/15/2013 08/15/13 Pending -- -- --
06/19/2013 06/19/13 For Sale $649,900 -- $585 / 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
2025 $9,739 $779,150 $113,280 $665,870
2024 $8,537 $764,560 $113,280 $651,280
2023 $9,529 $762,340 $111,060 $651,280
2022 $12,116 $734,280 $111,060 $623,220
2021 $9,048 $723,800 $111,060 $612,740
2020 $11,554 $700,230 $100,970 $599,260
2019 $10,429 $632,090 $91,790 $540,300
2018 $9,447 $572,570 $0 $0
2017 $8,548 $518,090 $0 $0
2016 $7,685 $465,760 $0 $0
2015 $7,540 $456,990 $0 $0
2014 $6,180 $374,530 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jacques Edelin

    Seller's Agent in 2013

    Jacques Edelin

    EXP Realty, LLC

    (240) 498-1987

    1 in this area

    61 Total Sales

    Jacques Edelin
    Section Image
  • Bill Castellani

    Buyer's Agent in 2013

    Bill Castellani

    Brian Logan Real Estate

    (202) 360-2278

    3 Total Sales

    Bill Castellani
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1003580262

Bright MLS

APN: 2884-0061

District of Columbia District of Columbia County Washington 20001 Pleasant Plains

2601 Sherman Ave NW Unit 2, Washington, DC

Not Listed for Sale

Detached

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