NOT LISTED FOR SALE

340 Adams St NE Unit 403 Washington, DC 20002

Edgewood Neighborhood

Estimated Value: $503,000 - $577,000

2 Beds
2 Baths
1,072 Sq Ft
$376/mo HOA Fee

Last Sold May 12, 2022

Last sale price $615,000 $574 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $3,676/month

7 Days on Market

Highlights

  • Penthouse
  • Traditional Architecture
  • Forced Air Heating and Cooling System

About This Home

As of May 2022

Featuring this rarely available, select penthouse in the Champlain Condominium. This sleekly designed condo features a sweeping living and dining area complete with floor to ceiling windows, a gourmet kitchen with quartz counters, high end stainless steel appliances, a breakfast island, and beautiful wood floors throughout. The oversized bedroom features a large balcony with room for seating, luxury bath, and walk in closet. The second bedroom is large enough for a bed and desk for working from home. Centrally located, the Champlain Condominium features an expansive roof deck and is located minutes from shopping, grocery, Metro, and restaurants.

Last Agent to Sell the Property

Kharye Dunlap

Coldwell Banker Realty - Washington License #0225214929 Listed on: 04/05/2022

Coldwell Banker Realty - Washington

Last Buyer's Agent

Brian Evans

Redfin Corp

Redfin Corp

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,541

Year Built

  • Built in 2015

Lot Details

  • 392

HOA Fees

  • $376 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Penthouse
  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,072 Sq Ft Home
  • Property has 1 Level
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Accessible Home Design

  • Accessible Elevator Installed

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 2016
  • Assessor Parcel Number 3558//2016

Community Details

Overview

  • Association fees include water, management, insurance, reserve funds, snow removal, trash
  • Mid-Rise Condominium
  • Edgewood Subdivision

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,541

Year Built

Built in 2015

Lot Details

0

HOA Fees

$376 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Traditional
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 2015
  • Automatically Close On Close Date: No
  • Remarks Public: Featuring this rarely available, select penthouse in the Champlain Condominium. This sleekly designed condo features a sweeping living and dining area complete with floor to ceiling windows, a gourmet kitchen with quartz counters, high end stainless steel appliances, a breakfast island, and beautiful wood floors throughout. The oversized bedroom features a large balcony with room for seating, luxury bath, and walk in closet. The second bedroom is large enough for a bed and desk for working from home. Centrally located, the Champlain Condominium features an expansive roof deck and is located minutes from shopping, grocery, Metro, and restaurants.
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 4
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1072
  • Living Area Sq Ft: 1072
  • Price Per Sq Ft: 573.69
  • Above Grade Finished Sq Ft: 1072
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 340

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • 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: 376.19
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Elevator
  • HOA Condo Co-Op Fee Includes: Water, Management, Insurance, Reserve Funds, Snow Removal, Trash
  • 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: 354520.00
  • Land Assessed Value: 151940.00
  • Soil Types: Unknown
  • Year Assessed: 2021
  • Zoning: SEE PUBLIC RECORD
  • In City Limits: Yes

Rental Info

  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16180532
  • Tax Annual Amount: 3541.00
  • Assessor Parcel Number: 3558//2016
  • Tax Lot: 2016
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 05/12/2022

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2022
Closed on
May 12, 2022
Sold by
Sundar Swaminathan
Bought by
Trout Matthew Dennis and Moore Samuel Stewart
Seller's Agent
Kharye Dunlap
Coldwell Banker Realty - Washington
Buyer's Agent
Brian Evans
Redfin Corp
List Price
$615,000
Sold Price
$615,000
Current Estimated Value
$536,997

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$78,003
Avg. Annual Appreciation
-3.27%
Original Mortgage
$553,500
Outstanding Balance
$527,059
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$23,914

Purchase Details

Listed on
Jan 9, 2016
Closed on
Apr 25, 2016
Sold by
The Kop Llc A District Of Columbia Limti
Bought by
Swaminathan Sundar
Seller's Agent
Gerard DiRuggiero
Urban Land Company, LLC
Buyer's Agent
Jacques Edelin
EXP Realty, LLC
List Price
$524,450
Sold Price
$524,450

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.67%
Original Mortgage
$393,338
Interest Rate
3.73%
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
Trout Matthew Dennis $615,000 Rosenberg Lpa Llc
Swaminathan Sundar $524,450 L P Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trout Matthew Dennis $553,500
Previous Owner Swaminathan Sundar $393,338
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2022 05/12/22 Sold $615,000 0.0% $574 / Sq Ft
04/12/2022 04/12/22 Pending -- -- --
04/05/2022 04/05/22 For Sale $615,000 +17.3% $574 / Sq Ft
04/25/2016 04/25/16 Sold $524,450 0.0% $489 / Sq Ft
03/14/2016 03/14/16 Pending -- -- --
01/09/2016 01/09/16 For Sale $524,450 -- $489 / 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 $4,560 $551,680 $165,500 $386,180
2023 $4,270 $517,110 $155,130 $361,980
2022 $3,519 $506,460 $151,940 $354,520
2021 $3,541 $506,280 $151,880 $354,400
2020 $3,425 $478,630 $143,590 $335,040
2019 $3,319 $465,270 $139,580 $325,690
2018 $3,331 $465,270 $0 $0
2017 $3,492 $483,280 $0 $0
2016 $1,749 $483,280 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC2030680

Bright MLS

APN: 3558-2016