NOT LISTED FOR SALE

2735 Olive St NW Unit 13 Washington, DC 20007

Georgetown Neighborhood

Estimated Value: $1,389,000 - $1,552,000

2 Beds
2.5 Baths
1,682 Sq Ft
$1,018/mo HOA Fee

Last Sold September 29, 2022

Last sale price $1,425,000 $847 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $9,920/month

4 Days on Market

Highlights

  • Penthouse
  • Federal Architecture
  • Terrace
  • Hyde Addison Elementary School Rated A
  • Wood Flooring
  • 3-minute walk to Rose Park

About This Home

As of September 2022

This gracious 2 bedroom 2.5 bath Penthouse condominium residence at Historic Phillips School with 1,682 square feet offers an open layout ideal for entertaining in a Boutique 14 unit condominium. High ceilings and abundant natural light, including through skylights, complement the condominium with oak hardwood floors and high-end finishes. Built-in library and cabinetry as well as recessed lighting are found throughout the home. The private terrace with retractable awning affords space for gardening and outdoor entertaining and dining with a sweeping view over Georgetown and the dramatic Virginia Rosslyn skyline. Modern sun filled kitchen with gas range, ample storage and counter space. One assigned gated parking space conveys. Located in Georgetown's serene leafy quiet East Village, the 1890s Federal-style schoolhouse was converted to luxury condominiums in 2002. A surprise bonus includes extensive storage throughout. This elegant, professionally managed building is pet friendly, less than one block from Rose Park and a unique opportunity for Georgetown living.

Offering Price: $1,425,000

Last Agent to Sell the Property

Martin Toews

Compass License #93960 Listed on: 08/24/2022

Compass

Co-Listed By

Jeff Brier

Compass

Last Buyer's Agent

Donna Leanos

TTR Sotheby's International Realty License #1105533467

TTR Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,049

Year Built

  • Built in 2002

Lot Details

  • 1,307

HOA Fees

  • $1,018 Monthly HOA Fees

Home Design

  • Penthouse
  • Federal Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,682 Sq Ft Home
  • Property has 1 Level
  • Skylights
  • Recessed Lighting
  • Window Treatments
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Gas Oven or Range
  • Stove
  • Range Hood
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Security Gate
  • Intercom

Parking

  • Assigned parking located at ##P-8
  • Private Parking
  • Parking Lot
  • Off-Street Parking
  • Surface Parking
  • Parking Space Conveys
  • 1 Assigned Parking Space
  • Secure Parking

Outdoor Features

  • Terrace

Utilities

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

Listing and Financial Details

  • Tax Lot 2013
  • Assessor Parcel Number 1215//2013

Community Details

Overview

  • Association fees include water, management
  • Low-Rise Condominium
  • Phillips School Condos
  • Georgetown Community
  • Georgetown Subdivision
  • Property Manager

Amenities

  • Elevator

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,049

Year Built

Built in 2002

Lot Details

0

HOA Fees

$1,018 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Federal
  • Ownership: Condominium
  • Inclusions: Living room bookcases and private terrace awning conveys
  • New Construction: No
  • Story List: Main
  • Year Built: 2002
  • Assigned Parking Space Numbers: #P-8
  • Automatically Close On Close Date: No
  • Remarks Public: This gracious 2 bedroom 2.5 bath Penthouse condominium residence at Historic Phillips School with 1,682 square feet offers an open layout ideal for entertaining in a Boutique 14 unit condominium. High ceilings and abundant natural light, including through skylights, complement the condominium with oak hardwood floors and high-end finishes. Built-in library and cabinetry as well as recessed lighting are found throughout the home. The private terrace with retractable awning affords space for gardening and outdoor entertaining and dining with a sweeping view over Georgetown and the dramatic Virginia Rosslyn skyline. Modern sun filled kitchen with gas range, ample storage and counter space. One assigned gated parking space conveys. Located in Georgetown's serene leafy quiet East Village, the 1890s Federal-style schoolhouse was converted to luxury condominiums in 2002. A surprise bonus includes extensive storage throughout. This elegant, professionally managed building is pet friendly, less than one block from Rose Park and a unique opportunity for Georgetown living. Offering Price: $1,425,000
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Gas, Range Hood, Refrigerator, Stainless Steel Appliances, Stove, Washer, Humidifier, Intercom
  • Entry Floor: 3
  • Flooring Type: Wood
  • Interior Amenities: Combination Dining/Living, Primary Bath(s), Recessed Lighting, Skylight(s), Stall Shower, Tub Shower, Walk-In Closet(s), Window Treatments, Wood Floors
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 1682
  • Living Area Sq Ft: 1682
  • Price Per Sq Ft: 847.21
  • Above Grade Finished Sq Ft: 1682
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2735

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Spa: No
  • 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: Secure Parking, Surface, Assigned, Parking Space Conveys, Private
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Lot, Off Street
  • Parking Lot Number Of Spaces: 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: Natural Gas
  • Security: Intercom, Security Gate
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1018.46
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Phillips School
  • HOA Condo Co-Op Amenities: Elevator
  • HOA Condo Co-Op Fee Includes: Water, Management
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • 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

  • Horses: No
  • Improvement Assessed Value: 882740.00
  • Land Assessed Value: 378310.00
  • Outdoor Living Structures: Terrace
  • Soil Types: Urban Land-Sassafras-Chillum
  • Year Assessed: 2022
  • Zoning: R-20
  • In City Limits: Yes

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 16138467
  • Tax Annual Amount: 10049.08
  • Assessor Parcel Number: 1215//2013
  • Tax Lot: 2013
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 09/29/2022

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2022
Closed on
Sep 15, 2022
Sold by
Freyre Angela Mariana
Bought by
Hutchinson Richard A
Seller's Agent
Martin Toews
Compass
Buyer's Agent
Donna Leanos
TTR Sotheby's International Realty
List Price
$1,425,000
Sold Price
$1,425,000
Current Estimated Value
$1,469,761

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,761
Avg. Annual Appreciation
1.55%
Original Mortgage
$1,140,000
Outstanding Balance
$1,089,061
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$401,812

Purchase Details

Closed on
May 16, 2018
Sold by
Corby Nina C
Bought by
Freyre Angela Mariana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$920,000
Interest Rate
4.4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 9, 2010
Sold by
Peterson Gordon W
Bought by
Corby Nina C

Purchase Details

Closed on
Jul 20, 2010
Sold by
Silverman Richard S
Bought by
Peterson Gordon W and Fleming Anne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$729,750
Interest Rate
4.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 5, 2003
Sold by
Phillips Row Limited Part
Bought by
Silverman Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,700
Interest Rate
5.95%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Hutchinson Richard A $1,425,000 Paragon Title
Freyre Angela Mariana $1,150,000 Paragon Title & Escrow Co
Corby Nina C $990,000 --
Peterson Gordon W $990,000 --
Silverman Richard $815,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hutchinson Richard A $1,140,000
Previous Owner Freyre Angela Mariana $920,000
Previous Owner Corby Nina C $50,000
Previous Owner Peterson Gordon W $729,750
Previous Owner Peterson Gordon W $729,750
Previous Owner Silverman Richard S $200,000
Previous Owner Silverman Richard $322,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2022 09/29/22 Sold $1,425,000 0.0% $847 / Sq Ft
08/28/2022 08/28/22 Pending -- -- --
08/24/2022 08/24/22 For Sale $1,425,000 -- $847 / 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 $11,466 $1,364,100 $409,230 $954,870
2023 $10,073 $1,241,820 $372,550 $869,270
2022 $9,933 $1,261,050 $378,310 $882,740
2021 $9,507 $1,208,080 $362,420 $845,660
2020 $8,919 $1,124,980 $337,490 $787,490
2019 $8,365 $1,058,980 $317,690 $741,290
2018 $7,993 $1,013,710 $0 $0
2017 $4,155 $1,050,080 $0 $0
2016 $3,858 $979,550 $0 $0
2015 $3,658 $932,060 $0 $0
2014 $3,434 $878,260 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Martin Toews

    Seller's Agent in 2022

    Martin Toews

    Compass

    (202) 255-9195

    2 in this area

    59 Total Sales

    Martin Toews
    Section Image
  • Jeff Brier

    Seller Co-Listing Agent in 2022

    Jeff Brier

    Compass

    (202) 255-9205

    2 in this area

    44 Total Sales

    Jeff Brier
    Section Image
  • Donna Leanos

    Buyer's Agent in 2022

    Donna Leanos

    TTR Sotheby's International Realty

    (443) 841-0512

    6 in this area

    30 Total Sales

    Donna Leanos
    Section Image
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Map

Source: Bright MLS

MLS Number: DCDC2063718

Bright MLS

APN: 1215-2013

District of Columbia District of Columbia County Washington 20007 Georgetown

2735 Olive St NW Unit 13, Washington, DC

This home is located at 2735 Olive St NW Unit 13, Washington, DC 20007 since 24 August 2022 and is currently estimated at $1,469,761, approximately $873 per square foot. This property was built in 2002. 2735 Olive St NW Unit 13 is a home located in District of Columbia with nearby schools including Hyde Addison Elementary School, Hardy Middle School, and Jackson Reed High School.

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