NOT LISTED FOR SALE

2625 3rd St NE Unit 104 Washington, DC 20002

Edgewood Neighborhood

Estimated Value: $234,397 - $255,000

1 Bed
1 Bath
520 Sq Ft
$329/mo HOA Fee

Last Sold May 05, 2023

Last sale price $243,000 $467 Per Sq Ft

Current estimated payment $1,752/month

8 Days on Market

Highlights

  • Level Entry For Accessibility
  • Dogs and Cats Allowed
  • 1-minute walk to Edgewood Recreation Center
  • Forced Air Heating and Cooling System
  • Property is in excellent condition

About This Home

As of May 2023

Ready for an affordable and stylish city living experience? Look no further than The Edgewood Condominium! This rare, sizeable one-bedroom unit boasts natural hardwood floors and an unbeatable location. It has a thoughtful layout, an eat-in kitchen, and a spacious primary bedroom and checks many boxes for any purchaser. Lined with windows, this unit has a bright and airy feel, with plenty of space to spread out. Plus, you can rest easy knowing that other units in the building have sold for upwards of $290s recently, giving you instant equity from day one!

Located next to the brand-new Edgewood Rec Center and Capital Bikeshare, you'll have access to everything you need right outside your door. Stroll to the Rhode Island Metro, catch the G9 Express to downtown, or explore the upcoming Bryant Street Mixed-Use Development (anchored by an Alamo Drafthouse Cinema). And don't forget to indulge in nearby establishments like the Dew Drop Inn, Metro Bar, Bevy Food Hall, Busboys & Poets, and so much more!

Tip! This perfect starter home is also ideal for taking advantage of DC's first-time homebuyer programs, including HPAP, DC Open Doors, Tax Abatement, and First-Time Home Buyer Tax Credit. If you don't know about these programs, we highly encourage you to reach out to learn more!

Lastly, this unit has been and would also continue to be a great investment opportunity for any savvy landlord.

Last Agent to Sell the Property

Rhiannon Swanson

(206) 861-6482 rhiannon@drhomesgroup.com EXP Realty, LLC License #676760 Listed on: 03/30/2023

EXP Realty, LLC

Co-Listed By

John Coleman

(202) 427-9689 john@jasonmartingroup.com Real Broker, LLC

Last Buyer's Agent

Yolanda Brown

(443) 762-8422 yolanda@thepowerhouserealtor.com Samson Properties

Samson Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,172

Year Built

  • Built in 1935

Lot Details

  • 566

HOA Fees

  • $329 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Entry on the 1st floor
  • Brick Exterior Construction

Interior Spaces

  • 520 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Utilities

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

Additional Features

  • Level Entry For Accessibility
  • Property is in excellent condition

Listing and Financial Details

  • Tax Lot 2004
  • Assessor Parcel Number 3551//2004

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, reserve funds, sewer, snow removal, trash, water, management
  • Low-Rise Condominium
  • The Edgewood Condominium Condos
  • Edgewood Condominium Community
  • Edgewood Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,172

Year Built

Built in 1935

Lot Details

0

HOA Fees

$329 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Accessibility Features: Level Entry - Main
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Year Built: 1935
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Has Laundry, Hookup, Washer In Unit
  • Total Sq Ft: 520
  • Living Area Sq Ft: 520
  • Price Per Sq Ft: 459.62
  • Above Grade Finished Sq Ft: 520
  • 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, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 328.79
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: The Edgewood Condominium
  • HOA Condo Co-Op Amenities: Laundry Facilities
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Reserve Funds, Sewer, Snow Removal, Trash, Water, Management
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 198200.00
  • Land Assessed Value: 84940.00
  • Property Condition: Excellent, Very Good
  • Soil Types: Chillum-Urban Land Complex
  • Zoning: SEE ZONING MAP
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Assessor Parcel Number: 16156375
  • Tax Annual Amount: 2172.00
  • Assessor Parcel Number: 3551//2004
  • Tax Lot: 2004
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2023
Closed on
May 4, 2023
Sold by
Daniel Jose Novillo Living Trust
Bought by
Woodson Sherri
Seller's Agent
Rhiannon Swanson
EXP Realty, LLC
Buyer's Agent
Yolanda Brown
Samson Properties
List Price
$239,000
Sold Price
$243,000
Premium/Discount to List
$4,000
1.67%
Views
32
Current Estimated Value
$242,099

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$901
Avg. Annual Appreciation
-0.14%
Original Mortgage
$230,850
Outstanding Balance
$224,098
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$18,001

Purchase Details

Closed on
Jan 30, 2018
Sold by
Novillo Daniel Jose
Bought by
Novillo Daniel Jose and Patterson Helen Jane

Purchase Details

Listed on
Apr 19, 2014
Closed on
Jul 2, 2014
Sold by
Fairfax Homes Inc
Bought by
Novillo Daniel J
Seller's Agent
Amir Khan
Fairfax Realty Select
Buyer's Agent
Gayan Agalawatte
Engel & Völkers Washington, DC
List Price
$159,000
Sold Price
$150,000
Premium/Discount to List
-$9,000
-5.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.22%
Original Mortgage
$120,000
Interest Rate
4.16%
Mortgage Type
New Conventional
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
Woodson Sherri $243,000 Allied Title & Escrow
Novillo Daniel Jose -- None Available
Novillo Daniel J $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Woodson Sherri $230,850
Previous Owner Novillo Daniel J $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/05/2023 05/05/23 Sold $243,000 +1.7% $467 / Sq Ft
04/07/2023 04/07/23 Pending -- -- --
03/30/2023 03/30/23 For Sale $239,000 +59.3% $460 / Sq Ft
07/02/2014 07/02/14 Sold $150,000 -5.7% $288 / Sq Ft View Prior Sale
05/13/2014 05/13/14 Pending -- -- --
04/19/2014 04/19/14 For Sale $159,000 -- $305 / 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 $1,997 $250,570 $75,170 $175,400
2024 $2,279 $283,270 $84,980 $198,290
2023 $2,282 $283,140 $84,940 $198,200
2022 $2,172 $269,300 $80,790 $188,510
2021 $2,079 $257,900 $77,370 $180,530
2020 $2,165 $254,730 $76,420 $178,310
2019 $1,949 $229,340 $68,800 $160,540
2017 $1,554 $182,790 $0 $0
2016 $1,375 $161,760 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC2090218

Bright MLS

APN: 3551-2004