NOT LISTED FOR SALE

2735 Olive St NW Unit 2 Washington, DC 20007

Georgetown Neighborhood

Estimated Value: $864,188 - $1,114,000

2 Beds
2 Baths
1,377 Sq Ft
871 Sq Ft Lot

Last Sold May 11, 2018

Last sale price $819,900 $595 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $5,777/month

Highlights

  • City View
  • Open Floorplan
  • Wood Flooring
  • Hyde Addison Elementary School Rated A
  • Federal Architecture
  • 3-minute walk to Rose Park

About This Home

As of May 2021

Light-filled penthouse in 14 unit luxury building that was previously an 1890's federal schoolhouse. Vaulted ceilings with 6 remote-operated skylights, private terrace, French doors & hardwood throughout. Gourmet kitchen w/ stainless steel appliances, granite countertops & cherry cabinets. Parking included VOUCHERS WELCOME

Last Agent to Rent the Property

Salley Widmayer

TTR Sotheby's International Realty License #85203 Listed on: 05/11/2021

Co-Listed By

Chris Rosbottom

EXP Realty, LLC License #SP200202316

Last Renter's Agent

Chris Rosbottom

EXP Realty, LLC License #SP200202316

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,925

Year Built

  • Built in 2002

Lot Details

  • Downtown Location
  • Property is in very good condition

Parking

  • Assigned Parking

Home Design

  • Federal Architecture
  • Entry on the 4th floor
  • Brick Exterior Construction

Interior Spaces

  • 1,377 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • High Ceiling
  • Combination Dining and Living Room
  • Wood Flooring
  • City Views

Kitchen

  • Microwave
  • Freezer
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • Accessible Elevator Installed
  • Terrace

Listing and Financial Details

  • Residential Lease
  • Security Deposit $4,950
  • $500 Move-In Fee
  • Tenant pays for electricity, gas, light bulbs/filters/fuses/alarm care
  • Rent includes water, sewer, parking
  • No Smoking Allowed
  • 12-Month Min and 36-Month Max Lease Term
  • Available 5/11/21
  • $55 Application Fee
  • $300 Repair Deductible
  • Assessor Parcel Number 1215//2014

Community Details

Overview

  • Property has a Home Owners Association
  • 14 Units
  • Low-Rise Condominium
  • Phillips School Condominium Condos
  • Georgetown Subdivision
  • Georgetown Community
  • Property Manager

Amenities

  • 1 Elevator

Pet Policy

  • No Pets Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$5,925

Year Built

Built in 2002

Lot Details

0

Rental Info

  • Date Available: 2021-05-11
  • Application Fee: 55.00
  • Lease Term: 12 Months
  • Pets Allowed: No
  • Rent Includes: Water, Sewer, Parking
  • Security Deposit: 4950.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Electricity, Gas, Light Bulbs/Filters/Fuses/Alarm Care
  • Vacation Rental: No
  • Property Manager: Yes
  • Max Lease in Months: 36
  • Min Lease in Months: 12
  • Move In Fee: 500.00
  • Rent Spree Online Application: No

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Federal
  • Accessibility Features: Elevator
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2002
  • Automatically Close On Close Date: No
  • Remarks Public: Light-filled penthouse in 14 unit luxury building that was previously an 1890's federal schoolhouse. Vaulted ceilings with 6 remote-operated skylights, private terrace, French doors & hardwood throughout. Gourmet kitchen w/ stainless steel appliances, granite countertops & cherry cabinets. Parking included VOUCHERS WELCOME
  • Repair Deductible: 300.00
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Freezer, Microwave, Refrigerator, Washer
  • Entry Floor: 4
  • Flooring Type: Hardwood
  • Interior Amenities: Combination Dining/Living, Upgraded Countertops, Wood Floors, Floor Plan - Open
  • Fireplace: No
  • Elevators Count: 1
  • Wall Ceiling Types: High
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1377
  • Living Area Sq Ft: 1377
  • Price Per Sq Ft: 3.59
  • Above Grade Finished Sq Ft: 1377
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2735

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
  • Construction Materials: Brick
  • 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: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Unknown
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee Frequency: Unknown
  • Condo Co-Op Name: Phillips School Condominium
  • HOA Condo Co-Op Amenities: Elevator, Reserved/Assigned Parking
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • School District Key: 121140357950

Lot Info

  • Outdoor Living Structures: Terrace
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Zoning: CONDO

Tax Info

  • Assessor Parcel Number: 16138468
  • Assessor Parcel Number: 1215//2014
  • Close Date: 05/24/2021

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2017
Closed on
May 11, 2018
Sold by
Meluza Lourdes
Bought by
Osendarp Joanne
Seller's Agent
Julia Diaz-Asper
TTR Sotheby's International Realty
Buyer's Agent
Damon Downing
Coldwell Banker Realty - Washington
List Price
$840,000
Sold Price
$819,900
Premium/Discount to List
-$20,100
-2.39%
Current Estimated Value
$991,547

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,647
Avg. Annual Appreciation
2.09%

Purchase Details

Closed on
Mar 17, 2005
Sold by
Gurman Louis
Bought by
Meluza Lourdes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$515,000
Interest Rate
5.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2002
Sold by
Phillips Row Lmt Prtnrshp
Bought by
Gurman Louis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$331,500
Interest Rate
6.16%
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
Osendarp Joanne $819,900 Mid-Atlantic Stlmnt Svcs Llc
Meluza Lourdes $700,000 --
Gurman Louis $544,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Osendarp Joanne E $700,000
Previous Owner Lourdes Meluza $493,800
Previous Owner Meluza Lourdes $515,000
Previous Owner Gurman Louis $331,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2021 05/24/21 Rented $4,950 0.0% --
05/11/2021 05/11/21 For Rent $4,950 0.0% --
05/11/2018 05/11/18 Sold $819,900 +2.5% $739 / Sq Ft
03/26/2018 03/26/18 Pending -- -- --
03/13/2018 03/13/18 Price Changed $799,900 +0.1% $721 / Sq Ft
03/13/2018 03/13/18 Price Changed $799,000 -3.2% $720 / Sq Ft
12/08/2017 12/08/17 Price Changed $825,000 -1.8% $743 / Sq Ft
09/15/2017 09/15/17 For Sale $840,000 -- $757 / 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 $5,925 $799,260 $239,780 $559,480
2023 $6,106 $817,070 $245,120 $571,950
2022 $6,232 $825,610 $247,680 $577,930
2021 $5,906 $784,430 $235,330 $549,100
2020 $5,721 $748,760 $224,630 $524,130
2019 $10,694 $708,550 $212,560 $495,990
2018 $5,141 $678,190 $0 $0
2017 $5,409 $708,850 $0 $0
2016 $5,032 $663,680 $0 $0
2015 $4,751 $630,410 $0 $0
2014 -- $579,580 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Salley Widmayer

    Landlord's Agent in 2021

    Salley Widmayer

    TTR Sotheby's International Realty

    (202) 215-6174

    7 in this area

    18 Total Sales

    Salley Widmayer
    Section Image

  • C

    Landlord's Co-Listing Agent in 2021

    Chris Rosbottom

    EXP Realty, LLC

    Section Image
  • Julia Diaz-Asper

    Seller's Agent in 2018

    Julia Diaz-Asper

    TTR Sotheby's International Realty

    (202) 333-1212

    9 in this area

    20 Total Sales

    Julia Diaz-Asper
    Section Image
  • Dylan White

    Seller Co-Listing Agent in 2018

    Dylan White

    TTR Sotheby's International Realty

    (202) 368-9340

    5 in this area

    50 Total Sales

    Dylan White
    Section Image
  • Damon Downing

    Buyer's Agent in 2018

    Damon Downing

    Coldwell Banker (NRT-Southeast-MidAtlantic)

    (202) 680-9516

    50 Total Sales

    Damon Downing
    Section Image
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Map

Source: Bright MLS

MLS Number: DCDC520212

Bright MLS

APN: 1215-2002

District of Columbia District of Columbia County Washington 20007 Georgetown

2735 Olive St NW Unit 2, Washington, DC

This home is located at 2735 Olive St NW Unit 2, Washington, DC 20007 since 11 May 2021 and is currently priced at $991,547. This property was built in 2002. 2735 Olive St NW Unit 2 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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