NOT LISTED FOR SALE

Estimated Value: $7,263,309

4 Beds
4.5 Baths
4,413 Sq Ft
$7,835/mo HOA Fee

Last Sold April 14, 2022

Last sale price $7,675,000 $1,739 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $53,517/month

1 Day on Market

Highlights

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

About This Home

As of April 2022

This sublime penthouse is one of only four upper level residences and is located in a premier tier of The Residences at The Ritz-Carlton, Georgetown. Here, dazzling Potomac River and monument views fill the expansive windows. The property features an exceptional floor plan with four exposures, 11-foot ceilings on the main level, and generously scaled rooms throughout. Stunning terraces and roof gardens provide many opportunities for outdoor enjoyment and unsurpassed vistas. The premier Ritz-Carlton services and the unique qualities of this penthouse create an ideal offering for those seeking a luxurious urban retreat.

Last Listed By

Christopher Ritzert

TTR Sotheby's International Realty License #91592 Listed on: 02/16/2022

TTR Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $51,091

Year Built

  • Built in 2003

Lot Details

  • No Units Located Below
  • Property is in very good condition

HOA Fees

  • $7,835 Monthly HOA Fees

Parking

  • 2 Subterranean Spaces
  • Basement Garage
  • Lighted Parking
  • Driveway
  • Parking Fee
  • Parking Attendant
  • Secure Parking

Property Views

  • Scenic Vista

Home Design

  • Penthouse
  • Transitional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 4,413 Sq Ft Home
  • Property has 2 Levels
  • Traditional Floor Plan
  • Wet Bar
  • Built-In Features
  • Bar
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Triple Pane Windows
  • Insulated Windows
  • Window Treatments
  • Entrance Foyer
  • Family Room Off Kitchen
  • Living Room
  • Formal Dining Room
  • Den
  • Basement

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Room
  • Built-In Double Oven
  • Built-In Range
  • Built-In Microwave
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Wine Rack
  • Disposal

Flooring

  • Wood
  • Carpet
  • Heated Floors
  • Marble

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Water Oriented
  • River Nearby
  • Terrace
  • Exterior Lighting
  • Outdoor Grill
  • Wrap Around Porch

Utilities

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

Additional Features

  • Accessible Elevator Installed
  • Energy-Efficient Windows

Listing and Financial Details

  • Tax Lot 2028
  • Assessor Parcel Number 1189//2028

Community Details

Overview

  • Association fees include exterior building maintenance, gas, management, snow removal, trash, insurance, custodial services maintenance, common area maintenance, reserve funds, sewer, water
  • $164 Other Monthly Fees
  • Low-Rise Condominium
  • Georgetown Community
  • Georgetown Subdivision
  • Property Manager

Amenities

  • Concierge

Recreation

  • Fitness Center
  • Community Spa

Pet Policy

  • Limit on the number of pets
  • Dogs Allowed

Security

  • 24-Hour Security
  • Front Desk in Lobby

Property Details

Home Type

Condominium

Est. Annual Taxes

$51,091

Year Built

Built in 2003

Lot Details

0

HOA Fees

$7,835 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Transitional
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2003
  • Automatically Close On Close Date: No
  • Remarks Public: This sublime penthouse is one of only four upper level residences and is located in a premier tier of The Residences at The Ritz-Carlton, Georgetown. Here, dazzling Potomac River and monument views fill the expansive windows. The property features an exceptional floor plan with four exposures, 11-foot ceilings on the main level, and generously scaled rooms throughout. Stunning terraces and roof gardens provide many opportunities for outdoor enjoyment and unsurpassed vistas. The premier Ritz-Carlton services and the unique qualities of this penthouse create an ideal offering for those seeking a luxurious urban retreat.
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Range, Built-In Microwave, Dishwasher, Disposal, Dryer, Freezer, Oven - Double, Oven - Wall, Refrigerator, Stainless Steel Appliances, Washer
  • Entry Floor: 2
  • Flooring Type: Hardwood, Heated, Carpet, Marble, Wood
  • Interior Amenities: Breakfast Area, Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Island, Primary Bath(s), Upgraded Countertops, Walk-In Closet(s), Wet/Dry Bar, Wine Storage, Wood Floors, Bar, Carpet, Built-Ins, Window Treatments
  • Window Features: Insulated, Energy Efficient, Triple Pane
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Common Walls: No One Below
  • Wall Ceiling Types: 9'+ Ceilings
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Den, Foyer, Breakfast Room, Bathroom 2, Bathroom 3, Primary Bathroom, Full Bath, Half Bath
  • Basement: Yes
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 4413
  • Living Area Sq Ft: 4413
  • Price Per Sq Ft: 1812.83
  • Above Grade Finished Sq Ft: 4413
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3150

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 5.00
  • Main Level Full Bathrooms: 4
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Bbq Grill, Exterior Lighting
  • Spa: No
  • View: River, Scenic Vista, Water
  • Water Access: No
  • Water Body Type: River
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Assigned Spaces Count: 2
  • Garage: Yes
  • Parking Features: Attendant, Assigned, Lighted Parking, Parking Fee, Secure Parking
  • Garage Features: Basement Garage, Covered Parking, Inside Access, Underground
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air, Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: 24 Hour Security, Desk In Lobby
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 7834.83
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Concierge, Elevator, Exercise Room, Reserved/Assigned Parking, Security, Spa
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Gas, Management, Snow Removal, Trash, Insurance, Custodial Services Maintenance, Common Area Maintenance, Reserve Funds, Sewer, Water
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • 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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 4360690.00
  • Land Assessed Value: 1868860.00
  • Outdoor Living Structures: Balcony, Terrace, Wrap Around
  • Property Condition: Very Good
  • Soil Types: Urban Land Not Rated
  • Year Assessed: 2021
  • Zoning: MU
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Dogs Ok, Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 16138442
  • Tax Annual Amount: 51091.00
  • Assessor Parcel Number: 1189//2028
  • Tax Lot: 2028
  • Tax Total Finished Sq Ft: 4413
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 04/14/2022

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2022
Closed on
Apr 14, 2022
Sold by
J Eric Daniels 2016 Trust
Bought by
R Blair Thomas 2010 Irrevocable Trust
Seller's Agent
Christopher Ritzert
TTR Sotheby's International Realty
Buyer's Agent
Russell Firestone
TTR Sotheby's International Realty
List Price
$8,000,000
Sold Price
$7,675,000
Premium/Discount to List
-$325,000
-4.06%
Total Days on Market
1
Current Estimated Value
$7,263,309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$411,691
Avg. Annual Appreciation
-3.25%

Purchase Details

Listed on
Nov 6, 2018
Closed on
Nov 13, 2019
Sold by
Ledford Gregory S and Ledford Nancy C
Bought by
J Eric Daniels 2016 Trust Agreement
Seller's Agent
Christie Weiss
TTR Sotheby's International Realty
Buyer's Agent
Christie Weiss
TTR Sotheby's International Realty
List Price
$7,750,000
Sold Price
$6,500,000
Premium/Discount to List
-$1,250,000
-16.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.11%

Purchase Details

Closed on
Mar 11, 2009
Sold by
Darvish Jamie
Bought by
Ledford Gregory

Purchase Details

Closed on
Nov 23, 2005
Sold by
Par Millennium Georgetown
Bought by
Darvish Jamie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,600,000
Interest Rate
6.17%
Mortgage Type
New Conventional

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
R Blair Thomas 2010 Irrevocable Trust $7,675,000 First American Title
J Eric Daniels 2016 Trust Agreement $6,500,000 None Available
Ledford Gregory $7,295,000 --
Darvish Jamie $4,500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Darvish Jamie $3,840,000
Previous Owner Darvish Jamie $3,600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2022 04/14/22 Sold $7,675,000 -4.1% $1,739 / Sq Ft
02/17/2022 02/17/22 Pending -- -- --
02/16/2022 02/16/22 For Sale $8,000,000 +23.1% $1,813 / Sq Ft
11/13/2019 11/13/19 Sold $6,500,000 -5.8% $1,473 / Sq Ft
10/29/2019 10/29/19 Pending -- -- --
09/06/2019 09/06/19 Price Changed $6,900,000 -11.0% $1,564 / Sq Ft
11/06/2018 11/06/18 For Sale $7,750,000 -- $1,756 / 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 $60,312 $7,110,690 $2,133,210 $4,977,480
2023 $51,537 $6,077,860 $1,823,360 $4,254,500
2022 $52,834 $6,229,550 $1,868,860 $4,360,690
2021 $51,092 $6,024,100 $1,807,230 $4,216,870
2020 $48,405 $5,694,760 $1,536,900 $4,157,860
2019 $48,405 $5,694,760 $1,708,430 $3,986,330
2018 $48,405 $5,694,760 $0 $0
2017 $48,223 $5,673,300 $0 $0
2016 $49,808 $5,859,750 $0 $0
2015 $48,726 $5,732,480 $0 $0
2014 $41,340 $4,863,520 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC2036664

Bright MLS

APN: 1189-2028