$2,390,000
SOLD NOV 18, 2022

3251 Prospect St NW Unit 402 Washington, DC 20007

Georgetown Neighborhood
5 Beds
4.5 Baths
3,475 Sq Ft
$3,772/mo HOA Fee

Recently Sold

$688 Per Sq Ft

15% Below List Price

108 Days on Market

Highlights

  • Concierge
  • Penthouse
  • Engineered Wood Flooring
  • Hyde Addison Elementary School Rated A
  • Contemporary Architecture
  • 1 Fireplace

About This Home

As of November 2022

This elegant two-level 3,500 square foot penthouse at the boutique Madelon in the heart of Georgetown is an entertainer’s dream! The oversized living room with fireplace provides access to a remarkable, 600 square foot private terrace with Washington Monument views. A circular flow leads to a prodigious 26’ dining room perfect for hosting unforgettable dinner parties. The custom gourmet kitchen features a WOLF gas stove and hood, WOLF double wall oven, extra large paneled SubZero refrigerator, custom cabinetry with quartz countertops and an island. The tasteful breakfast room accommodates casual dining and has a built-in Subzero wine refrigerator, pantry, and additional storage. A spacious library, a bedroom with a full bath, powder room, and laundry room round out the second level.

The skylit central stairs lead to the four bedrooms on the first floor. The owner’s suite has a gracious walk-in closet and oversized full bath with marble mosaic tile floor, custom frameless glass shower with incorporated oversized soaking tub as well as a separate stall shower and white vanity with dual sinks. A second owner’s bedroom suite enjoys en-suite bath and walk-in closet. Two additional bedrooms share a hall bath.

Residents of The Madelon enjoy a private rooftop pool, terrace, and concierge. The pet-friendly building is directly above Cafe Milano, Peacock Cafe, Brasserie Liberte and steps to all of the amenities of Wisconsin Avenue and M Street. Stroll down the street to grab a double chocolate chip Levain cookie for a breakfast, catch a spin class at SoulCycle or walk along the Potomac River at Washington Harbour before returning home to entertain friends, business associates and family in this magnificent home.

Last Agent to Sell the Property

Matthew Koerber

TTR Sotheby's International Realty License #SP98376771 Listed on: 07/15/2022

TTR Sotheby's International Realty

Last Buyer's Agent

datacorrect BrightMLS

Non Subscribing Office

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $19,516

Year Built

  • Built in 1980

Lot Details

  • Property is in excellent condition

HOA Fees

  • $3,772 Monthly HOA Fees

Parking

  • Assigned Subterranean Space
  • On-Site Parking for Rent

Home Design

  • Penthouse
  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 3,475 Sq Ft Home
  • Property has 2 Levels
  • Furnished
  • 1 Fireplace
  • Engineered Wood Flooring

Bedrooms and Bathrooms

Laundry

  • Laundry on upper level
  • Washer and Dryer Hookup

Utilities

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

Listing and Financial Details

  • Tax Lot 2022
  • Assessor Parcel Number 1218//2022

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, management, pool(s), reserve funds, sewer, snow removal, trash, water, cable TV
  • Mid-Rise Condominium
  • The Madelon Condos
  • The Madelon Condominium Community
  • Georgetown Subdivision

Amenities

  • Concierge
  • Elevator

Recreation

  • Community Pool

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$19,516

Year Built

Built in 1980

Lot Details

0

HOA Fees

$3,772 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1980
  • Automatically Close On Close Date: No
  • Remarks Public: This elegant two-level 3,500 square foot penthouse at the boutique Madelon in the heart of Georgetown is an entertainer’s dream! The oversized living room with fireplace provides access to a remarkable, 600 square foot private terrace with Washington Monument views. A circular flow leads to a prodigious 26’ dining room perfect for hosting unforgettable dinner parties. The custom gourmet kitchen features a WOLF gas stove and hood, WOLF double wall oven, extra large paneled SubZero refrigerator, custom cabinetry with quartz countertops and an island. The tasteful breakfast room accommodates casual dining and has a built-in Subzero wine refrigerator, pantry, and additional storage. A spacious library, a bedroom with a full bath, powder room, and laundry room round out the second level. The skylit central stairs lead to the four bedrooms on the first floor. The owner’s suite has a gracious walk-in closet and oversized full bath with marble mosaic tile floor, custom frameless glass shower with incorporated oversized soaking tub as well as a separate stall shower and white vanity with dual sinks. A second owner’s bedroom suite enjoys en-suite bath and walk-in closet. Two additional bedrooms share a hall bath. Residents of The Madelon enjoy a private rooftop pool, terrace, and concierge. The pet-friendly building is directly above Cafe Milano, Peacock Cafe, Brasserie Liberte and steps to all of the amenities of Wisconsin Avenue and M Street. Stroll down the street to grab a double chocolate chip Levain cookie for a breakfast, catch a spin class at SoulCycle or walk along the Potomac River at Washington Harbour before returning home to entertain friends, business associates and family in this magnificent home.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 4
  • Flooring Type: Engineered Wood
  • Fireplaces Count: 1
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Has Laundry, Upper Floor, Washer In Unit, Dryer In Unit
  • Total Sq Ft: 3475
  • Living Area Sq Ft: 3475
  • Price Per Sq Ft: 805.76
  • Above Grade Finished Sq Ft: 3475
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3251

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 4
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 3
  • Upper Level Full Bathrooms: 1
  • Upper Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: On-Site - Rent
  • Garage Features: Underground
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 3772.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: The Madelon
  • HOA Condo Co-Op Amenities: Concierge, Elevator, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Management, Pool(s), Reserve Funds, Sewer, Snow Removal, Trash, Water, Cable Tv
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No

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

  • Improvement Assessed Value: 1627050.00
  • Land Assessed Value: 697300.00
  • Property Condition: Excellent
  • Soil Types: Urban Land Not Rated
  • Year Assessed: 2021
  • Zoning: MU-4
  • In City Limits: Yes

Rental Info

  • Furnished: Yes
  • Pets: Cats Ok, Dogs Ok, Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16148721
  • Tax Annual Amount: 19516.00
  • Assessor Parcel Number: 1218//2022
  • Tax Lot: 2022
  • Tax Total Finished Sq Ft: 3475
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 11/18/2022

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2022
Closed on
Nov 18, 2022
Sold by
Ganzi Marc C
Bought by
Karen A Snyder Living Trust
Seller's Agent
Matthew Koerber
TTR Sotheby's International Realty
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$2,800,000
Sold Price
$2,390,000
Premium/Discount to List
-$410,000
-14.64%
Views
11

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.14%

Purchase Details

Listed on
Nov 8, 2018
Closed on
Jun 17, 2019
Sold by
Prospect Place Dc Llc
Bought by
Ganzi Marc C
Seller's Agent
Ben Roth
Washington Fine Properties, LLC
Buyer's Agent
Matthew Koerber
TTR Sotheby's International Realty
List Price
$2,500,000
Sold Price
$2,300,000
Premium/Discount to List
-$200,000
-8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.13%

Purchase Details

Listed on
Aug 12, 2014
Closed on
Aug 8, 2014
Sold by
Shannon Margaret and Elliott Robert R
Bought by
Prospect Place Dc Llc
Seller's Agent
Margaret Shannon
Washington Fine Properties, LLC
Buyer's Agent
Ben Roth
Washington Fine Properties, LLC
List Price
$2,500,000
Sold Price
$2,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.70%
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $2,390,000 First American Title
Special Warranty Deed $2,300,000 Kvs Title Llc
Warranty Deed $2,500,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2025 06/09/25 For Sale $2,595,000 +8.6% $747 / Sq Ft
11/18/2022 11/18/22 Sold $2,390,000 -14.6% $688 / Sq Ft
10/31/2022 10/31/22 Pending -- -- --
10/21/2022 10/21/22 For Sale $2,800,000 +17.2% $806 / Sq Ft
10/02/2022 10/02/22 Off Market $2,390,000 -- --
08/31/2022 08/31/22 Price Changed $2,800,000 -3.4% $806 / Sq Ft
07/15/2022 07/15/22 For Sale $2,900,000 +26.1% $835 / Sq Ft
06/17/2019 06/17/19 Sold $2,300,000 -8.0% $648 / Sq Ft
04/22/2019 04/22/19 Pending -- -- --
11/08/2018 11/08/18 For Sale $2,500,000 0.0% $704 / Sq Ft
08/13/2014 08/13/14 Sold $2,500,000 0.0% $694 / Sq Ft
08/12/2014 08/12/14 Pending -- -- --
08/12/2014 08/12/14 For Sale $2,500,000 -- $694 / 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 $20,539 $2,431,470 $729,440 $1,702,030
2023 $19,094 $2,261,010 $678,300 $1,582,710
2022 $19,640 $2,324,350 $697,300 $1,627,050
2021 $19,517 $2,309,390 $692,820 $1,616,570
2020 $19,058 $2,242,130 $672,640 $1,569,490
2019 $18,274 $2,149,940 $644,980 $1,504,960
2018 $17,749 $2,088,160 $0 $0
2017 $17,691 $2,081,320 $0 $0
2016 $18,215 $2,142,890 $0 $0
2015 $16,651 $1,958,910 $0 $0
2014 -- $1,847,510 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC2059048

Bright MLS

APN: 1218-2022