$210,000
SOLD MAY 3, 2024
-- Bed
1 Bath
320 Sq Ft
$345/mo HOA Fee

Recently Sold

$656 Per Sq Ft

8% Below List Price

87 Days on Market

Highlights

  • Open Floorplan
  • 2-minute walk to Cleveland Park
  • Upgraded Countertops
  • Eaton Elementary School Rated A
  • Contemporary Architecture
  • Assigned Subterranean Space

About This Home

As of May 2024

Welcome to Cleveland Terrace! This ground-level studio is a sleek blend of style and practicality. Fully renovated with a Murphy bed and a large closet system, that maximizes space and convenience. Enjoy abundant natural light through the beautiful picture window. Just steps from the Cleveland Park METRO (red line), CVS, Target, restaurants, gyms, and more, this location is unbeatable. Please note, the minimum rental term is a 6-month lease. Condo fee includes all utilities except cable/internet.

Last Agent to Sell the Property

John Kirk

Real Broker, LLC License #645220 Listed on: 01/18/2024

Real Broker, LLC

Co-Listed By

Brendan Gilday

Real Broker, LLC License #659752

Last Buyer's Agent

Thomas Doyle

RLAH @properties License #SP98374375

RLAH @properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,223

Year Built

  • Built in 1965

HOA Fees

  • $345 Monthly HOA Fees

Parking

  • Assigned Subterranean Space
  • On-Street Parking

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 320 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Family Room Off Kitchen
  • Laundry in Basement

Kitchen

  • Built-In Range
  • Stove
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 1 Full Bathroom
  • Bathtub with Shower

Accessible Home Design

  • Accessible Elevator Installed

Utilities

  • Convector
  • Convector Heater
  • Vented Exhaust Fan
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 2120
  • Assessor Parcel Number 2222//2120

Community Details

Overview

  • Association fees include air conditioning, common area maintenance, custodial services maintenance, electricity, exterior building maintenance, gas, heat, insurance, laundry, management, reserve funds, snow removal, trash, water
  • Mid-Rise Condominium
  • Cleveland Terrace Condominium Condos
  • Forest Hills Community
  • Cleveland Park Subdivision
  • Property Manager

Amenities

  • Laundry Facilities
  • Community Storage Space

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,223

Year Built

Built in 1965

Lot Details

0

HOA Fees

$345 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Contemporary
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Exclusions: See Prop Disclosures
  • Inclusions: See Prop Disclosures
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-01-18
  • Year Built: 1965
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to Cleveland Terrace! This ground-level studio is a sleek blend of style and practicality. Fully renovated with a Murphy bed and a large closet system, that maximizes space and convenience. Enjoy abundant natural light through the beautiful picture window. Just steps from the Cleveland Park METRO (red line), CVS, Target, restaurants, gyms, and more, this location is unbeatable. Please note, the minimum rental term is a 6-month lease. Condo fee includes all utilities except cable/internet.
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Range, Exhaust Fan, Refrigerator, Stove
  • Entry Floor: 3
  • Interior Amenities: Family Room Off Kitchen, Floor Plan - Open, Tub Shower, Upgraded Countertops
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Common, Shared, Basement
  • Total Sq Ft: 320
  • Living Area Sq Ft: 320
  • Price Per Sq Ft: 690.62
  • Above Grade Finished Sq Ft: 320
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2755

Beds/Baths

  • 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 Spaces: 1.00
  • Garage: Yes
  • Garage Features: Underground
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: On Street, Parking Garage
  • Parking Garage Number Of Spaces: 1

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Convector
  • Heating Fuel: Natural Gas
  • Heating Type: Convector
  • 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: 345.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Cleveland Terrace Condominium
  • HOA Condo Co-Op Amenities: Elevator, Extra Storage, Laundry Facilities
  • HOA Condo Co-Op Fee Includes: Air Conditioning, Common Area Maintenance, Custodial Services Maintenance, Electricity, Ext Bldg Maint, Gas, Heat, Insurance, Laundry, Management, Reserve Funds, Snow Removal, 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

  • Soil Types: Urban Land Not Rated
  • Year Assessed: 2022
  • Zoning: RA-1
  • In City Limits: Yes

Rental Info

  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 1223.00
  • Assessor Parcel Number: 2222//2120
  • Tax Lot: 2120
  • Tax Total Finished Sq Ft: 320
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 05/03/2024

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2024
Closed on
May 3, 2024
Sold by
Schuman William Irwin and Schuman William
Bought by
Makala Baloko
Seller's Agent
John Kirk
Real Broker, LLC
Buyer's Agent
Thomas Doyle
RLAH @properties
List Price
$229,000
Sold Price
$210,000
Premium/Discount to List
-$19,000
-8.3%
Views
146
Current Estimated Value
$224,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,169
Avg. Annual Appreciation
4.76%
Original Mortgage
$209,950
Outstanding Balance
$207,649
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$15,012

Purchase Details

Closed on
Feb 26, 2019
Sold by
William Schuman Trust
Bought by
Schuman William and Schuman Dawn Michelle

Purchase Details

Closed on
Apr 3, 2017
Sold by
Schuman William
Bought by
William Schuman Trust

Purchase Details

Closed on
Mar 23, 2015
Sold by
Schuman Pers Rep William and The Estate Of Kurt Weiser
Bought by
Schuman William
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $221,000 First American Title Insurance
Deed -- None Available
Special Warranty Deed -- None Available
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $209,950 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2024 05/03/24 Sold $210,000 -5.0% $656 / Sq Ft
04/16/2024 04/16/24 Price Changed $221,000 +5.2% $691 / Sq Ft
03/29/2024 03/29/24 Price Changed $210,000 -8.3% $656 / Sq Ft
01/18/2024 01/18/24 For Sale $229,000 -- $716 / 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 $1,211 $157,610 $47,280 $110,330
2023 $1,238 $160,340 $48,100 $112,240
2022 $1,223 $157,650 $47,290 $110,360
2021 $1,216 $156,300 $46,890 $109,410
2020 $1,296 $152,500 $45,750 $106,750
2019 $1,284 $151,060 $45,320 $105,740
2018 $1,281 $150,680 $0 $0
2017 $1,279 $150,480 $0 $0
2016 $1,233 $145,000 $0 $0
2015 $1,221 $143,610 $0 $0
2014 -- $137,690 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC2124086

Bright MLS

APN: 2222-2120