NOT LISTED FOR SALE

Estimated Value: $4,267,000 - $4,513,000

3 Beds
3.5 Baths
3,006 Sq Ft
$5,242/mo HOA Fee

Last Sold October 09, 2020

Last sale price $3,695,000 $1,229 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $32,600/month

9 Days on Market

Highlights

  • Concierge
  • Fitness Center
  • Eat-In Gourmet Kitchen
  • Hyde Addison Elementary School Rated A
  • 24-Hour Security
  • 4-minute walk to Rock Creek Park South

About This Home

As of October 2020

Located in the sought-after Residences at The Ritz-Carlton, Georgetown, this exquisite condominium offers dazzling Potomac River views from almost every window. With 10 foot ceilings and floor-to-ceiling windows and a balcony, its 3,006 square feet of living spaces, which include three bedrooms and three and one-half bathrooms, feels even more expansive. Views of familiar landmarks, Georgetown Waterfront Park and Key Bridge are the backdrop for fine living, with premiere Ritz-Carlton services that include 24-hour concierge, valet parking + all hotel services that ensure comfortable and luxurious living. Poggenpohl cabinetry in kitchen and bathrooms, beautiful Brazilian cherry floors in herringbone pattern throughout, with marble in foyer and baths. Two valet parking spaces.

Last Listed By

Christopher Ritzert

TTR Sotheby's International Realty License #91592 Listed on: 09/01/2020

TTR Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $30,023

Year Built

  • Built in 2004

Lot Details

  • 1,917

HOA Fees

  • $5,242 Monthly HOA Fees

Parking

  • 2 Subterranean Spaces

Property Views

  • Panoramic
  • Scenic Vista
  • Woods

Home Design

  • Transitional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 3,006 Sq Ft Home
  • Property has 1 Level
  • Built-In Features
  • Crown Molding
  • Ceiling height of 9 feet or more
  • Entrance Foyer
  • Living Room
  • Combination Kitchen and Dining Room

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook
  • Built-In Double Oven
  • Range Hood
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Dryer

Accessible Home Design

  • Halls are 36 inches wide or more
  • Doors are 32 inches wide or more

Outdoor Features

  • Stream or River on Lot

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Water Heater
  • Multiple Phone Lines
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 2018
  • Assessor Parcel Number 1189//2018

Community Details

Overview

  • Association fees include common area maintenance, custodial services maintenance, exterior building maintenance, gas, management, reserve funds, sewer, snow removal, trash, water
  • $164 Other Monthly Fees
  • Mid-Rise Condominium
  • Residences At The Ritz Carlton, Georgetown Condos
  • Ritz Carlton, Georgetown Community
  • Georgetown Subdivision

Amenities

  • Concierge
  • Common Area
  • Elevator
  • Community Storage Space

Recreation

  • Fitness Center
  • Community Spa

Pet Policy

  • Dogs and Cats Allowed

Security

  • 24-Hour Security
  • Front Desk in Lobby

Property Details

Home Type

Condominium

Est. Annual Taxes

$30,023

Year Built

Built in 2004

Lot Details

0

HOA Fees

$5,242 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Transitional
  • Accessibility Features: 32"+ Wide Doors, 36"+ Wide Halls
  • Ownership: Condominium
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2004
  • Automatically Close On Close Date: No
  • Remarks Public: Located in the sought-after Residences at The Ritz-Carlton, Georgetown, this exquisite condominium offers dazzling Potomac River views from almost every window. With 10 foot ceilings and floor-to-ceiling windows and a balcony, its 3,006 square feet of living spaces, which include three bedrooms and three and one-half bathrooms, feels even more expansive. Views of familiar landmarks, Georgetown Waterfront Park and Key Bridge are the backdrop for fine living, with premiere Ritz-Carlton services that include 24-hour concierge, valet parking + all hotel services that ensure comfortable and luxurious living. Poggenpohl cabinetry in kitchen and bathrooms, beautiful Brazilian cherry floors in herringbone pattern throughout, with marble in foyer and baths. Two valet parking spaces.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Dryer, Exhaust Fan, Freezer, Icemaker, Oven - Wall, Oven - Double, Range Hood, Refrigerator, Microwave
  • Entry Floor: 1
  • Flooring Type: Ceramic Tile, Hardwood, Marble
  • Interior Amenities: Breakfast Area, Built-Ins, Combination Kitchen/Dining, Crown Moldings, Dining Area, Entry Level Bedroom, Kitchen - Eat-In, Kitchen - Gourmet, Pantry, Walk-In Closet(s), Wood Floors
  • Fireplace: No
  • Wall Ceiling Types: 9'+ Ceilings, High
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Kitchen, Foyer, Bedroom 1, Bathroom 1, Bathroom 2, Bathroom 3, Half Bath
  • Basement: No
  • Laundry Type: Main Floor, Has Laundry, Washer In Unit, Dryer In Unit
  • Total Sq Ft: 3006
  • Living Area Sq Ft: 3006
  • Price Per Sq Ft: 1262.48
  • Above Grade Finished Sq Ft: 3006
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3150

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 4.00
  • Main Level Full Bathrooms: 3
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Sidewalks
  • View: Panoramic, River, Scenic Vista, Trees/Woods, Water
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Assigned Spaces Count: 2
  • Garage: Yes
  • Parking Features: Assigned
  • Garage Features: Built In, Inside Access, Underground
  • 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, Zoned
  • Heating Fuel: Natural Gas
  • Heating Type: Central, Forced Air, Zoned
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: 24 Hour Security, Desk In Lobby
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Multiple Phone Lines
  • Water Source: Public
  • Internet Services: Fiber Optic

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 5242.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Residences at The Ritz-Carlton, Georgetown
  • HOA Condo Co-Op Amenities: Common Grounds, Concierge, Elevator, Exercise Room, Extra Storage, Fitness Center, Security, Spa
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Custodial Services Maintenance, Ext Bldg Maint, Gas, Management, Reserve Funds, Sewer, Snow Removal, Trash, Water
  • HOA Condo Co-Op Management Type: Owner/Self-Management, Professional - On-Site
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation Fee?: No
  • Other Fees: 164.00
  • Other Fees Frequency: Monthly

Schools

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

Lot Info

  • Additional Parcels: No
  • Improvement Assessed Value: 2590550.00
  • Land Assessed Value: 941580.00
  • Soil Types: Urban Land Not Rated
  • Year Assessed: 2019
  • Zoning: RESIDENITAL
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Dogs Ok, Cats Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16138431
  • Tax Annual Amount: 30023.00
  • Assessor Parcel Number: 1189//2018
  • Tax Lot: 2018
  • Tax Total Finished Sq Ft: 3006
  • Tax Year: 2019
  • Close Date: 10/09/2020

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 19, 2021
Sold by
Emami Kiano K
Bought by
Emami Kiano K and The Kiano Emami Separate Prope
Total Days on Market
9
Current Estimated Value
$4,417,347

Purchase Details

Listed on
Sep 1, 2020
Closed on
Oct 7, 2020
Sold by
Erickson Ronald A and Erickson Kristine S
Bought by
Emami Kiano K and Emami Shelby P
Seller's Agent
Christopher Ritzert
TTR Sotheby's International Realty
Buyer's Agent
Lauren Wiley
Pearson Smith Realty, LLC
List Price
$3,795,000
Sold Price
$3,695,000
Premium/Discount to List
-$100,000
-2.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.69%
Original Mortgage
$3,695,000
Outstanding Balance
$3,340,111
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$652,787

Purchase Details

Closed on
May 5, 2005
Sold by
Erickson Ronald A
Bought by
Millennium Georgetown Partners

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
Emami Kiano K -- None Available
Emami Shelby P -- None Available
Emami Kiano K $3,695,000 Kvs Title Inc
Millennium Georgetown Partners $2,628,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Emami Kiano K $3,695,000
Previous Owner Erickson Ronald A $1,725,000
Previous Owner Erickson Ronald A $2,030,000
Previous Owner Erickson Ronald A $2,030,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2020 10/09/20 Sold $3,695,000 -2.6% $1,229 / Sq Ft
09/10/2020 09/10/20 Pending -- -- --
09/01/2020 09/01/20 For Sale $3,795,000 -- $1,262 / 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 $31,579 $3,730,310 $1,119,090 $2,611,220
2023 $31,926 $3,770,750 $1,131,220 $2,639,530
2022 $32,679 $3,858,390 $1,157,520 $2,700,870
2021 $30,902 $3,648,850 $1,094,650 $2,554,200
2020 $30,023 $3,532,130 $941,580 $2,590,550
2019 $30,023 $3,532,130 $1,059,640 $2,472,490
2018 $30,023 $3,532,130 $0 $0
2017 $28,864 $3,395,790 $0 $0
2016 $29,781 $3,503,600 $0 $0
2015 $33,104 $3,894,540 $0 $0
2014 -- $3,216,730 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC484584

Bright MLS

APN: 1189-2018