NOT LISTED FOR SALE

Estimated Value: $272,000 - $399,000

1 Bed
1 Bath
550 Sq Ft
$229/mo HOA Fee

Last Sold May 15, 2012

Last sale price $211,100 $384 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $2,325/month

30 Days on Market

Highlights

  • Open Floorplan
  • Combination Kitchen and Living
  • Property is in very good condition
  • Traditional Architecture
  • Brick Front
  • 5-minute walk to New York Avenue Recreation Center

About This Home

As of May 2012

NEW PRICE! Why rent when you can own for less?! Charming 1 BR/1 BA with bright upgraded kitchen w/ granite counters & open living area. Spacious bedroom w/ huge closet & outdoor patio. W/D in-unit. Boutique building w/ low fees. Fantastic location!! Convenient to shopping, restaurants (Busboys & Poets, Mandu, & more) and Metro. Easy access to I-395/295. Ask about $500 KVS buyer credit.

Last Agent to Sell the Property

Seth Turner

Compass Listed on: 03/23/2012

Compass

Last Buyer's Agent

Atieno Okelo

DC Home Buzz

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,673

Year Built

  • Built in 2001

Lot Details

  • Property is in very good condition

HOA Fees

  • $229 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Front

Interior Spaces

  • 550 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Combination Kitchen and Living
  • Stacked Washer and Dryer

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Parking

  • On-Street Parking
  • Off-Site Parking

Utilities

  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 2001
  • Assessor Parcel Number 0524//2001

Community Details

Overview

  • Association fees include exterior building maintenance, insurance, reserve funds, sewer, snow removal, trash, water
  • Low-Rise Condominium
  • Old City #2 Subdivision, Charming! Floorplan
  • The Verona Community

Amenities

  • Common Area

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,673

Year Built

Built in 2001

Lot Details

0

HOA Fees

$229 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional
  • Ownership: Condominium
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 2001
  • Remarks Public: NEW PRICE! Why rent when you can own for less?! Charming 1 BR/1 BA with bright upgraded kitchen w/ granite counters & open living area. Spacious bedroom w/ huge closet & outdoor patio. W/D in-unit. Boutique building w/ low fees. Fantastic location!! Convenient to shopping, restaurants (Busboys & Poets, Mandu, & more) and Metro. Easy access to I-395/295. Ask about $500 KVS buyer credit.
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked
  • Interior Amenities: Combination Kitchen/Living, Floor Plan - Open
  • Fireplace: No
  • Entry Location: 1st Floor
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 550
  • Living Area Sq Ft: 550
  • Price Per Sq Ft: 398.00
  • Above Grade Finished Sq Ft: 550
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 310

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick Front
  • Construction Completed: 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: Off Site, On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 229.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Insurance, Reserve Funds, Sewer, Snow Removal, Trash, Water
  • HOA Condo Co-Op Rules: Pets - Allowed
  • HOA: No

Lot Info

  • Property Condition: Very Good
  • Soil Types: Unknown
  • Year Assessed: 2011
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1673.06
  • Assessor Parcel Number: 0524//2001
  • Tax Lot: 2001
  • Tax Total Finished Sq Ft: 431
  • Tax Year: 2011
  • Close Date: 05/15/2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2012
Closed on
May 14, 2012
Sold by
Denton Kelly
Bought by
Xaba Sakhi
Seller's Agent
Seth Turner
Compass
Buyer's Agent
Atieno Okelo
DC Home Buzz
List Price
$224,000
Sold Price
$211,100
Premium/Discount to List
-$12,900
-5.76%
Current Estimated Value
$344,764

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,664
Avg. Annual Appreciation
3.77%
Original Mortgage
$168,800
Outstanding Balance
$118,788
Interest Rate
4.01%
Mortgage Type
New Conventional
Estimated Equity
$225,976

Purchase Details

Closed on
Aug 12, 1997
Sold by
Hofame Inc
Bought by
Clark Associates Group Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,500
Interest Rate
7.5%
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
Xaba Sakhi $211,000 --
Clark Associates Group Inc $62,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Xaba Sakhi $168,800
Previous Owner Denton Kelly B $50,000
Previous Owner Clark Associates Group Inc $92,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2012 05/15/12 Sold $211,100 -3.6% $384 / Sq Ft
04/22/2012 04/22/12 Pending -- -- --
04/16/2012 04/16/12 Price Changed $218,900 -2.3% $398 / Sq Ft
03/23/2012 03/23/12 For Sale $224,000 -- $407 / 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 $2,497 $308,980 $92,690 $216,290
2023 $2,515 $310,620 $93,190 $217,430
2022 $2,326 $287,380 $86,210 $201,170
2021 $2,394 $294,890 $88,470 $206,420
2020 $2,356 $277,150 $83,140 $194,010
2019 $2,259 $265,780 $79,730 $186,050
2018 $2,178 $256,220 $0 $0
2017 $2,254 $265,160 $0 $0
2016 $2,123 $249,740 $0 $0
2015 $1,869 $219,920 $0 $0
2014 -- $197,170 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003908922

Bright MLS

APN: 0524-2001