NOT LISTED FOR SALE

3101 Sherman Ave NW Unit 103 Washington, DC 20010

Park View Neighborhood

Estimated Value: $183,000

1 Bed
1 Bath
523 Sq Ft
$305/mo HOA Fee

Last Sold September 15, 2022

Last sale price $115,000 $220 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $1,401/month

120 Days on Market

Highlights

  • Contemporary Architecture
  • Heat Pump System
  • 3-minute walk to Hobart Twins Park
  • Community Storage Space

About This Home

As of September 2022

Investor Alert! And ONLY OPEN to INVESTORS per recorded deed instruments. PLEASE READ VERY CAREFULLY. THIS IS NOT A STANDARD SALE. Property CANNOT BE OCCUPIED as a PRIMARY RESIDENCE. The unit MUST convey with the EXISTING TENANT, who has a quasi-life estate established with DCHD. NOTE --- CASH BUYERS or HARD MONEY. THIS PROPERTY CANNOT BE TRANSFERRED LEVERAGING ANY FANNIE/FREDDIE BACKED LOANS. This tenant CANNOT be vacated and must abide by the terms and conditions of the deed restriction placed on the property. Investor Alert! This unit was fully re-modeled as part of a successful conversion to condos in 2017 and still shows remarkably well. It offer gleaming hardwood-look porcelain tile flooring, gourmet kitchens with SS appliances, quartz counters, in-unit W/D, and ample storage. The building offers low condo fees and is also pet-friendly. Allow for a savvy investor to maximize both immediate cash-flow and long term appreciation. Please contact the listing agent directly for details. CURRENT RENT = $600 a month with an agreed 10% annual increase on Jan 1 . SHOWINGS WILL BE BY APPOINTMENT ONLY TO VERIFIED PURCHASERS.

Last Agent to Sell the Property

Yianni KONSTANTOPOULOS

TTR Sotheby's International Realty Listed on: 04/20/2022

TTR Sotheby's International Realty

Last Buyer's Agent

Keisha Gray-Robinson

Samson Properties License #BR40000296

Samson Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,200

Year Built

  • Built in 1941 | Remodeled in 2017

Lot Details

  • 261

HOA Fees

  • $305 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Converted Dwelling
  • Brick Exterior Construction
  • Advanced Framing

Interior Spaces

  • 523 Sq Ft Home
  • Property has 1 Level
  • Washer and Dryer Hookup
  • Finished Basement

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • Ductless Heating Or Cooling System
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2891//2013

Community Details

Overview

  • Association fees include sewer, trash, water
  • Low-Rise Condominium
  • The Irving Condominium Community
  • Columbia Heights Subdivision

Amenities

  • Community Storage Space

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,200

Year Built

Built in 1941 | Remodeled in 2017

Lot Details

0

HOA Fees

$305 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Converted Dwelling, Contemporary
  • Ownership: Condominium
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2022-04-21
  • Federal Flood Zone: No
  • Year Built: 1941
  • Year Renovated: 2017
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Investor Alert! And ONLY OPEN to INVESTORS per recorded deed instruments. PLEASE READ VERY CAREFULLY. THIS IS NOT A STANDARD SALE. Property CANNOT BE OCCUPIED as a PRIMARY RESIDENCE. The unit MUST convey with the EXISTING TENANT, who has a quasi-life estate established with DCHD. NOTE --- CASH BUYERS or HARD MONEY. THIS PROPERTY CANNOT BE TRANSFERRED LEVERAGING ANY FANNIE/FREDDIE BACKED LOANS. This tenant CANNOT be vacated and must abide by the terms and conditions of the deed restriction placed on the property. Investor Alert! This unit was fully re-modeled as part of a successful conversion to condos in 2017 and still shows remarkably well. It offer gleaming hardwood-look porcelain tile flooring, gourmet kitchens with SS appliances, quartz counters, in-unit W/D, and ample storage. The building offers low condo fees and is also pet-friendly. Allow for a savvy investor to maximize both immediate cash-flow and long term appreciation. Please contact the listing agent directly for details. CURRENT RENT = $600 a month with an agreed 10% annual increase on Jan 1 . SHOWINGS WILL BE BY APPOINTMENT ONLY TO VERIFIED PURCHASERS.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Levels Count: 1
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 523
  • Living Area Sq Ft: 523
  • Below Grade Finished Sq Ft: 523
  • Total Below Grade Sq Ft: 523
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3101

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, Below Grade
  • Construction Materials: Advanced Framing, Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ductless/Mini-Split
  • 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: 305.01
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Extra Storage
  • HOA Condo Co-Op Fee Includes: Sewer, 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

  • Improvement Assessed Value: 56900.00
  • Land Assessed Value: 97600.00
  • Soil Types: Urban Land Not Rated
  • Year Assessed: 2021
  • Zoning: RF-1
  • In City Limits: Yes

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 21901074
  • Tax Annual Amount: 1200.00
  • Assessor Parcel Number: 2891//2013
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 09/15/2022

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2022
Closed on
Sep 13, 2022
Sold by
Aa Real Estate Llc
Bought by
Hernandez Teresa Abigail Guer and Wellington Katya
Seller's Agent
Yianni KONSTANTOPOULOS
TTR Sotheby's International Realty
Buyer's Agent
Keisha Gray-Robinson
Samson Properties
List Price
$175,000
Sold Price
$115,000
Premium/Discount to List
-$60,000
-34.29%
Views
4
Current Estimated Value
$183,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,000
Avg. Annual Appreciation
17.06%
Source: Public Records

Range of Values:

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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
Hernandez Teresa Abigail Guer $115,000 Standard Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2022 09/15/22 Sold $115,000 -8.0% $220 / Sq Ft
08/18/2022 08/18/22 Pending -- -- --
07/06/2022 07/06/22 Price Changed $125,000 -28.6% $239 / Sq Ft
04/20/2022 04/20/22 For Sale $175,000 -- $335 / 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 $1,184 $154,500 $46,350 $108,150
2023 $1,188 $154,500 $46,350 $108,150
2022 $1,196 $154,500 $97,600 $56,900
2021 $1,200 $154,500 $46,350 $108,150
2020 $1,313 $154,500 $46,350 $108,150
2019 $1,313 $154,500 $109,040 $45,460
Source: Public Records

Agents Affiliated with this Home

  • Y

    Seller's Agent in 2022

    Yianni KONSTANTOPOULOS

    TTR Sotheby's International Realty

    (202) 957-3339

    5 in this area

    147 Total Sales

    Yianni KONSTANTOPOULOS
    Section Image
  • Keisha Gray-Robinson

    Buyer's Agent in 2022

    Keisha Gray-Robinson

    Samson Properties

    (202) 449-2058

    1 in this area

    72 Total Sales

    Keisha Gray-Robinson
    Section Image
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Map

Source: Bright MLS

MLS Number: DCDC2044650

Bright MLS

APN: 2891-2013

District of Columbia District of Columbia County Washington 20001 Park View

3101 Sherman Ave NW Unit 103, Washington, DC

This home is located at 3101 Sherman Ave NW Unit 103, Washington, DC 20010 since 20 April 2022 and is currently estimated at $183,000, approximately $349 per square foot. This property was built in 1941. 3101 Sherman Ave NW Unit 103 is a home located in District of Columbia with nearby schools including Tubman Elementary School, Columbia Heights Education Campus, and Cardozo Education Campus.

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