NOT LISTED FOR SALE

2927 University Terrace NW Washington, DC 20016

Kent Neighborhood

Estimated Value: $2,225,000 - $2,426,000

2 Beds
2 Baths
2,000 Sq Ft
$1,151/Sq Ft Est. Value

Last Sold June 17, 2024

Last sale price $2,400,000 $1,200 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $13,988/month

Highlights

  • Contemporary Architecture
  • 1 Fireplace
  • Forced Air Heating and Cooling System
  • Key Elementary School Rated A
  • No HOA
  • Property is in excellent condition

About This Home

As of June 2024

Four Pavilions by Richard Williams Architects. This heartwarming home embodies brilliance in architecture through modest elegance, capturing awe and affection unlike any residence of today. Initially designed by the influential and revered architect Hugh Newell Jacobsen, the current owners engaged RWA, Greg Bleam Landscape Architect, and Zantzinger to complete a sympathetic and honest restoration that brought the home entirely into the 21st Century in every functional way while preserving its architectural integrity. The house was carefully designed, then and now, with considerations for the site, the stunning landscape, the living experience, and the relationships connecting all these elements into one jewel box—a shimmering treasure in Washington, DC.

Last Agent to Sell the Property

David DeSantis

TTR Sotheby's International Realty License #630742 Listed on: 04/25/2024

TTR Sotheby's International Realty

Co-Listed By

Ron Mangas

TTR Sothebys International Realty

Last Buyer's Agent

Theodore Adamstein

TTR Sotheby's International Realty License #SP98373189

TTR Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,824

Year Built

  • Built in 1976 | Remodeled in 2012

Lot Details

  • 0.31 Acre Lot
  • Property is in excellent condition
  • Property is zoned R1B

Parking

  • 2 Parking Spaces

Home Design

  • Contemporary Architecture
  • Block Foundation
  • Wood Siding

Interior Spaces

  • Property has 2 Levels
  • 1 Fireplace
  • Dining Area
  • Unfinished Basement
  • Connecting Stairway

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

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

Community Details

  • No Home Owners Association
  • Kent Subdivision

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 1425//0007

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,824

Year Built

Built in 1976 | Remodeled in 2012

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Expected On Market: 2024-05-03
  • Year Built: 1976
  • Year Renovated: 2012
  • Automatically Close On Close Date: No
  • Remarks Public: Four Pavilions by Richard Williams Architects. This heartwarming home embodies brilliance in architecture through modest elegance, capturing awe and affection unlike any residence of today. Initially designed by the influential and revered architect Hugh Newell Jacobsen, the current owners engaged RWA, Greg Bleam Landscape Architect, and Zantzinger to complete a sympathetic and honest restoration that brought the home entirely into the 21st Century in every functional way while preserving its architectural integrity. The house was carefully designed, then and now, with considerations for the site, the stunning landscape, the living experience, and the relationships connecting all these elements into one jewel box—a shimmering treasure in Washington, DC.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Dining Area
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Connecting Stairway, Unfinished
  • Total Sq Ft: 2800
  • Living Area Sq Ft: 2000
  • Price Per Sq Ft: 1150.00
  • Above Grade Finished Sq Ft: 2000
  • Below Grade Sq Ft: 800
  • Total Below Grade Sq Ft: 800
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2927

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, Below Grade
  • Construction Materials: Wood Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street
  • Off Street Parking Spaces: 2

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

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • School District Key: 121140357950
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.31
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13350.00
  • Property Condition: Excellent
  • Soil Types: Urban Land-Manor-Glenelg
  • Zoning: R1B
  • In City Limits: Yes

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 13824.00
  • Assessor Parcel Number: 1425//0007
  • Tax Lot: 7
  • Tax Total Finished Sq Ft: 1880
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 06/17/2024

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2024
Closed on
Jun 17, 2024
Sold by
Keller Bill and Holleyman Robert
Bought by
Lisa Wood Revocable Trust and Wood
Seller's Agent
David DeSantis
TTR Sotheby's International Realty
Buyer's Agent
Theodore Adamstein
TTR Sotheby's International Realty
Sold Price
$2,400,000
Views
28
Current Estimated Value
$2,301,628

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$98,372
Avg. Annual Appreciation
-3.80%
Original Mortgage
$1,200,000
Outstanding Balance
$1,190,725
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$1,110,903

Purchase Details

Closed on
May 31, 2000
Sold by
Barton Jane L Griffith
Bought by
Hapstak Peter F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$539,000
Interest Rate
8.12%
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
Lisa Wood Revocable Trust $2,400,000 First American Title Insurance
Hapstak Peter F $699,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lisa Wood Revocable Trust $1,200,000
Previous Owner Holleyman Robert $500,000
Previous Owner Holleyman Robert $214,500
Previous Owner Holleyman Robert $693,000
Previous Owner Hapstak Peter F $150,000
Previous Owner Hapstak Peter F $539,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2024 06/17/24 Sold $2,400,000 +4.3% $1,200 / Sq Ft
04/24/2024 04/24/24 Pending -- -- --
04/23/2024 04/23/24 Price Changed $2,300,000 -- $1,150 / 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 $15,026 $1,854,860 $1,338,870 $515,990
2023 $14,294 $1,765,660 $1,257,440 $508,220
2022 $13,824 $1,705,100 $1,199,500 $505,600
2021 $13,450 $1,658,710 $1,193,490 $465,220
2020 $12,973 $1,601,900 $1,147,970 $453,930
2019 $12,730 $1,572,460 $1,130,080 $442,380
2018 $12,258 $1,515,460 $0 $0
2017 $12,012 $1,485,630 $0 $0
2016 $11,785 $1,462,300 $0 $0
2015 $10,716 $1,450,200 $0 $0
2014 $9,751 $1,436,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC2138176

Bright MLS

APN: 1425-0007