NOT LISTED FOR SALE

2931 University Terrace NW Washington, DC 20016

Kent Neighborhood

Estimated Value: $5,022,000 - $6,431,000

6 Beds
8 Baths
9,431 Sq Ft
$587/Sq Ft Est. Value

Last Sold September 29, 2016

Last sale price $3,500,000 $371 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $32,969/month

Highlights

  • Eat-In Gourmet Kitchen
  • 6 Fireplaces
  • Breakfast Area or Nook
  • Key Elementary School Rated A
  • No HOA
  • Family Room Off Kitchen

About This Home

As of September 2016

Sited on a private lot, this elegant residence was built with exceptional craftsmanship and detail by a noted builder. Boasting over 9,000 square feet, the home features high ceilings, treetop views, and exquisite finishes throughout. There are six bedrooms, all with en-suite baths, six fireplaces, and an elevator. There is an expansive loft, a spacious basement with wet bar, and a two-car garage.

Last Agent to Sell the Property

Michael Rankin

TTR Sotheby's International Realty Listed on: 03/07/2016

TTR Sotheby's International Realty

Last Buyer's Agent

Liz Lavette Shorb

Washington Fine Properties, LLC License #304975

Washington Fine Properties, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,116

Year Built

  • Built in 2004

Lot Details

  • 0.27

Parking

  • 2 Car Attached Garage

Home Design

  • Stone Siding
  • Stucco

Interior Spaces

  • 9,431 Sq Ft Home
  • Property has 3 Levels
  • 6 Fireplaces
  • Family Room Off Kitchen
  • Dining Area

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 8 Bathrooms

Finished Basement

  • Walk-Out Basement
  • Connecting Stairway
  • Side Basement Entry

Utilities

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

Additional Features

  • Accessible Elevator Installed
  • 0.27 Acre Lot

Community Details

  • No Home Owners Association
  • Kent Subdivision

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 1425//0011

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,116

Year Built

Built in 2004

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Accessibility Features: Elevator
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Year Built: 2004
  • Remarks Public: Sited on a private lot, this elegant residence was built with exceptional craftsmanship and detail by a noted builder. Boasting over 9,000 square feet, the home features high ceilings, treetop views, and exquisite finishes throughout. There are six bedrooms, all with en-suite baths, six fireplaces, and an elevator. There is an expansive loft, a spacious basement with wet bar, and a two-car garage.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Family Room Off Kitchen, Breakfast Area, Kitchen - Table Space, Kitchen - Gourmet, Dining Area
  • Fireplaces Count: 6
  • Fireplace: Yes
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Connecting Stairway, Side Entrance, Fully Finished, Walkout Level
  • Living Area Units: Square Feet
  • Total Sq Ft: 9431
  • Living Area Sq Ft: 9431
  • Price Per Sq Ft: 397.62
  • Above Grade Finished Sq Ft: 9431
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2931

Beds/Baths

  • Bedrooms: 6
  • Lower Level Bedroom: 1
  • Total Bathrooms: 8
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 4.00
  • Upper Level 2 Bathrooms: 1.00
  • Lower Levels Bathrooms: 2.00
  • Upper Level Full Bathrooms: 4
  • Upper Level 2 Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1
  • Lower Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stone, Stucco
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • 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

Lot Info

  • Improvement Assessed Value: 2704960.00
  • Land Assessed Value: 914020.00
  • Lot Size Acres: 0.27
  • Lot Size Area: 11564
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11564.00
  • Property Attached Yn: No
  • Soil Types: Urban Land-Sassafras-Chillum
  • Year Assessed: 2016
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16127828
  • Tax Annual Amount: 29116.00
  • Assessor Parcel Number: 1425//0011
  • Tax Lot: 11
  • Tax Total Finished Sq Ft: 6100
  • Tax Year: 2015
  • Close Date: 09/29/2016

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2016
Closed on
Sep 29, 2016
Sold by
Cicerone Ralph J and Cicerone Carol M
Bought by
Davidoff Samuel B and Davidoff Amanda F
Seller's Agent
Michael Rankin
TTR Sotheby's International Realty
Buyer's Agent
Liz Lavette Shorb
Washington Fine Properties, LLC
List Price
$3,995,000
Sold Price
$3,500,000
Premium/Discount to List
-$495,000
-12.39%
Current Estimated Value
$5,537,475

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,037,475
Avg. Annual Appreciation
6.10%
Original Mortgage
$2,625,000
Outstanding Balance
$2,130,561
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$3,821,360

Purchase Details

Closed on
May 10, 2005
Sold by
National Academy Of Scien
Bought by
Cicerone Ralph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
5.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 22, 2004
Sold by
Bluemoon L L C
Bought by
Nat'L Academy Of Sciences

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,000
Interest Rate
5.73%
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
Davidoff Samuel B $3,500,000 Paragon Title & Escrow Co
Cicerone Ralph $3,750,000 --
Nat'L Academy Of Sciences $3,750,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davidoff Samuel B $2,625,000
Previous Owner Cicerone Ralph J $1,240,469
Previous Owner Cicerone Ralph J $1,355,179
Previous Owner Cicerone Ralph $1,500,000
Previous Owner Nat'L Academy Of Sciences $430,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2016 09/29/16 Sold $3,500,000 -6.7% $371 / Sq Ft
08/16/2016 08/16/16 Pending -- -- --
05/05/2016 05/05/16 Price Changed $3,750,000 -6.1% $398 / Sq Ft
03/07/2016 03/07/16 For Sale $3,995,000 -- $424 / 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 $41,588 $4,892,690 $1,226,360 $3,666,330
2023 $39,566 $4,654,770 $1,151,770 $3,503,000
2022 $38,706 $4,553,600 $1,098,700 $3,454,900
2021 $36,074 $4,244,010 $1,093,260 $3,150,750
2020 $35,076 $4,126,610 $1,054,290 $3,072,320
2019 $34,081 $4,009,490 $1,034,980 $2,974,510
2018 $32,637 $3,839,650 $0 $0
2017 $31,801 $3,741,290 $0 $0
2016 $30,152 $3,618,980 $0 $0
2015 $29,117 $3,496,910 $0 $0
2014 $28,870 $3,466,630 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Rankin

    Seller's Agent in 2016

    Michael Rankin

    TTR Sotheby's International Realty

    (202) 271-3344

    8 in this area

    209 Total Sales

    Michael Rankin
    Section Image
  • Liz Lavette Shorb

    Buyer's Agent in 2016

    Liz Lavette Shorb

    Washington Fine Properties, LLC

    (301) 785-6300

    1 in this area

    117 Total Sales

    Liz Lavette Shorb
    Section Image
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Map

Source: Bright MLS

MLS Number: 1001361383

Bright MLS

APN: 1425-0011

District of Columbia District of Columbia County Washington 20016 Kent

2931 University Terrace NW, Washington, DC

This home is located at 2931 University Terrace NW, Washington, DC 20016 since 07 March 2016 and is currently estimated at $5,537,475, approximately $587 per square foot. This property was built in 2004. 2931 University Terrace NW is a home located in District of Columbia with nearby schools including Key Elementary School, Hardy Middle School, and Jackson Reed High School.

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