NOT LISTED FOR SALE

3038 Cambridge Place NW Washington, DC 20007

Georgetown Neighborhood

Estimated Value: $2,245,000 - $3,458,000

4 Beds
5 Baths
2,955 Sq Ft
$891/Sq Ft Est. Value

Last Sold February 26, 2021

Last sale price $1,800,000 $609 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $15,239/month

Highlights

  • Gourmet Galley Kitchen
  • Curved or Spiral Staircase
  • Backs to Trees or Woods
  • Hyde Addison Elementary School Rated A
  • Premium Lot
  • 4-minute walk to Montrose Park

About This Home

As of May 2021

Transformative, relaxing and perfectly situated on one of Georgetowns most coveted streets. 3038 Cambridge Place is a visually striking 1900 Victorian home featured in Life Magazine after a renovation by renowned architect Hugh Newell Jacobsen. The home has been lovingly refreshed by the current owners. Majestic floor to ceiling windows flank the front and rear of the home while the circular staircase is a nod to its architectural pedigree. The curve of the staircase discreetly hides the guest powder room. The main level offers an elegant study with built in wet bar, enchanting living room with fireplace and floor to ceiling doors that welcome you to the rear garden. Four generous bedrooms are perfectly situated with two bedrooms on each floor. The owners retreat has an en-suite bath, wall of closets and laundry room. The third floor rear bedroom has access to a spectacular private roof deck. The fully finished, sun-drenched lower level can be accessed from the interior of the home as well as the separate front entrance. Traditional chef's galley kitchen features gas cooking, two refrigerators, wall-oven, microwave, generous cabinets and dining area. Flagstone floors sweep from the lower level dining room onto the tranquil outdoor garden and patio replete with water feature and lush mature greenery. A true oasis for al fresco dining and small get-togethers. Montrose Park, shopping, fine dining, bistros, shopping and quaint antique shops are steps away. Welcome to an elegant lifestyle. 2,466 square feet /4 bedrooms/3 full baths/2 half baths/private patio and water feature with access from the upper and lower level outside.

Last Agent to Rent the Property

Trian Johnson

(301) 523-1132 tjohnsonsana@ttrsir.com TTR Sotheby's International Realty License #576718 Listed on: 04/24/2021

TTR Sotheby's International Realty

Last Renter's Agent

David DeSantis

(202) 438-1542 david.desantis@sothebysrealty.com TTR Sotheby's International Realty License #630742

TTR Sotheby's International Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $16,034

Year Built

  • Built in 1900

Lot Details

  • 1,326 Sq Ft Lot
  • Masonry wall
  • Privacy Fence
  • Wood Fence
  • Back Yard Fenced
  • Landscaped
  • Extensive Hardscape
  • Interior Lot
  • Backs to Trees or Woods
  • Property is in excellent condition

Parking

  • On-Street Parking

Home Design

  • Victorian Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 4 Levels
  • Wet Bar
  • Curved or Spiral Staircase
  • Built-In Features
  • Skylights
  • Recessed Lighting
  • Electric Fireplace
  • Window Treatments
  • Formal Dining Room

Kitchen

  • Gourmet Galley Kitchen
  • Breakfast Area or Nook
  • Double Oven
  • Gas Oven or Range
  • Cooktop with Range Hood
  • Microwave
  • Extra Refrigerator or Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Trash Compactor

Flooring

  • Wood
  • Partially Carpeted
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Enclosed Patio or Porch
  • Water Fountains
  • Exterior Lighting

Schools

  • Hyde-Addison Elementary School
  • Hardy Middle School

Utilities

  • Central Air
  • Radiator
  • Natural Gas Water Heater
  • Municipal Trash
  • Public Septic
  • Cable TV Available

Listing and Financial Details

  • Residential Lease
  • Security Deposit $7,000
  • Tenant pays for all utilities, cable TV, light bulbs/filters/fuses/alarm care, lawn/tree/shrub care, insurance, snow removal
  • No Smoking Allowed
  • 12-Month Min and 24-Month Max Lease Term
  • Available 5/1/21
  • $35 Application Fee
  • Assessor Parcel Number 1282//0053

Community Details

Overview

  • No Home Owners Association
  • Georgetown Subdivision

Pet Policy

  • Pets allowed on a case-by-case basis
  • $100 Monthly Pet Rent

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$16,034

Year Built

Built in 1900

Lot Details

0

Rental Info

  • Date Available: 2021-05-01
  • Application Fee: 35.00
  • Monthly Pet Rent: 100.00
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Security Deposit: 7000.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Utilities - All, Cable Tv, Light Bulbs/Filters/Fuses/Alarm Care, Lawn/Tree/Shrub Care, Insurance, Snow Removal
  • Vacation Rental: No
  • Property Manager: No
  • Max Lease in Months: 24
  • Min Lease in Months: 12
  • Rent Spree Online Application: No

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Victorian
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Expected On Market: 2021-04-25
  • Federal Flood Zone: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Transformative, relaxing and perfectly situated on one of Georgetowns most coveted streets. 3038 Cambridge Place is a visually striking 1900 Victorian home featured in Life Magazine after a renovation by renowned architect Hugh Newell Jacobsen. The home has been lovingly refreshed by the current owners. Majestic floor to ceiling windows flank the front and rear of the home while the circular staircase is a nod to its architectural pedigree. The curve of the staircase discreetly hides the guest powder room. The main level offers an elegant study with built in wet bar, enchanting living room with fireplace and floor to ceiling doors that welcome you to the rear garden. Four generous bedrooms are perfectly situated with two bedrooms on each floor. The owners retreat has an en-suite bath, wall of closets and laundry room. The third floor rear bedroom has access to a spectacular private roof deck. The fully finished, sun-drenched lower level can be accessed from the interior of the home as well as the separate front entrance. Traditional chef's galley kitchen features gas cooking, two refrigerators, wall-oven, microwave, generous cabinets and dining area. Flagstone floors sweep from the lower level dining room onto the tranquil outdoor garden and patio replete with water feature and lush mature greenery. A true oasis for al fresco dining and small get-togethers. Montrose Park, shopping, fine dining, bistros, shopping and quaint antique shops are steps away. Welcome to an elegant lifestyle. 2,466 square feet /4 bedrooms/3 full baths/2 half baths/private patio and water feature with access from the upper and lower level outside.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Cooktop, Dishwasher, Extra Refrigerator/Freezer, Microwave, Oven - Double, Oven/Range - Gas, Range Hood, Refrigerator, Stainless Steel Appliances, Trash Compactor, Washer, Dryer
  • Flooring Type: Hardwood, Partially Carpeted, Stone
  • Interior Amenities: Breakfast Area, Built-Ins, Carpet, Combination Kitchen/Dining, Curved Staircase, Formal/Separate Dining Room, Kitchen - Galley, Kitchen - Gourmet, Primary Bath(s), Recessed Lighting, Skylight(s), Spiral Staircase, Wet/Dry Bar, Wood Floors, Window Treatments
  • Fireplace Features: Electric
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 4
  • Basement: No
  • Laundry Type: Upper Floor
  • Total Sq Ft: 3118
  • Living Area Sq Ft: 2955
  • Price Per Sq Ft: 2.84
  • Above Grade Finished Sq Ft: 2466
  • Below Grade Finished Sq Ft: 489
  • Below Grade Sq Ft: 163
  • Total Below Grade Sq Ft: 652
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3038

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Upper Level 2 Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Upper Level 2 Full Bathrooms: 1
  • Main Level Half Bathrooms: 1
  • Lower Level Half Bathroom: 1
  • Lower Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Extensive Hardscape, Exterior Lighting, Water Fountains
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Septic, Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

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

Schools

  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • Elementary School: HYDE-ADDISON
  • Middle School: HARDY
  • Elementary School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121140357950
  • School District Source: Listing Agent
  • Elementary School: HYDE-ADDISON
  • Middle Or Junior School: HARDY

Lot Info

  • Horses: No
  • Fencing: Masonry/Stone, Privacy, Rear, Wood
  • Lot Features: Backs To Trees, Interior, Landscaping, Premium
  • Lot Size Acres: 0.03
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1326.00
  • Outdoor Living Structures: Enclosed, Patio(s), Roof
  • Property Condition: Excellent
  • Zoning: R

Tax Info

  • Assessor Parcel Number: 16004037
  • Assessor Parcel Number: 1282//0053
  • Tax Total Finished Sq Ft: 2955
  • Close Date: 05/08/2021

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2021
Closed on
Feb 26, 2021
Sold by
Cafritz Calvin
Bought by
Rapelyea Michael D and Rapelyea Jocelyn A
Seller's Agent
Cailin Monahan
Washington Fine Properties, LLC
Buyer's Agent
Trian Johnson
TTR Sotheby's International Realty
List Price
$1,750,000
Sold Price
$1,800,000
Premium/Discount to List
$50,000
2.86%
Current Estimated Value
$2,632,703

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$832,703
Avg. Annual Appreciation
7.11%
Original Mortgage
$1,100,000
Outstanding Balance
$997,211
Interest Rate
2.7%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,468,605
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
Rapelyea Michael D $1,800,000 Settlement & Escrow Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rapelyea Michael D $1,100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2021 05/08/21 Rented $7,250 +3.6% --
04/28/2021 04/28/21 Under Contract -- -- --
04/24/2021 04/24/21 For Rent $7,000 0.0% --
02/26/2021 02/26/21 Sold $1,800,000 +2.9% $609 / Sq Ft
01/26/2021 01/26/21 Pending -- -- --
01/22/2021 01/22/21 For Sale $1,750,000 -- $592 / 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 $16,034 $1,886,320 $742,360 $1,143,960
2023 $15,281 $1,797,790 $739,190 $1,058,600
2022 $13,812 $1,624,960 $734,390 $890,570
2021 $13,719 $1,614,040 $712,610 $901,430
2020 $13,618 $1,602,070 $691,990 $910,080
2019 $13,356 $1,571,350 $639,560 $931,790
2018 $12,784 $1,503,980 $0 $0
2017 $12,007 $1,412,620 $0 $0
2016 $11,185 $1,315,910 $0 $0
2015 $10,399 $1,223,440 $0 $0
2014 $10,083 $1,186,190 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC518700

Bright MLS

APN: 1282-0053