$223,000
SOLD JUL 10, 2017

3406 Summit Ct NE Unit 3406 Washington, DC 20018

Fort Lincoln Neighborhood
2 Beds
1 Bath
1,422 Sq Ft
$324/mo HOA Fee

Recently Sold

$157 Per Sq Ft

7% Below List Price

13 Days on Market

Highlights

  • Traditional Floor Plan
  • Community Basketball Court
  • Living Room
  • 1 Fireplace
  • Galley Kitchen
  • Security Gate

About This Home

As of January 2018

INVESTOR ALERT. CASH/203K. NO FHA. High Investor Ratio. Estate Sale. Spacious 2 Bdrm Townhome in Fort Lincoln. Livingroom w/Fireplace; Sep Dining; Big Closets; Basement; GARAGE Parking. Near new developments; Costco; Major Highways & Downtown DC. Many Rec Facilities Nearby. House needs some work but has great potential.(Tax Record Amount is Incorrect.) SOLD AS-IS. Unit Faces Fort Lincoln.By APPT.

Last Agent to Sell the Property

Maria Hardy-Cooper

Long & Foster Real Estate, Inc. License #573512 Listed on: 05/24/2017

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Fern Pannill

Formant Property Group, LLC

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1978

Lot Details

  • No Units Located Below
  • Back Yard Fenced
  • Property is in below average condition

HOA Fees

  • $324 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,422 Sq Ft Home
  • Property has 2 Levels
  • Traditional Floor Plan
  • 1 Fireplace
  • Living Room
  • Security Gate
  • Galley Kitchen
  • Basement

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • Parking Space Number Location: 84
  • 1 Assigned Parking Space

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 2303
  • Assessor Parcel Number 4325//2303

Community Details

Overview

  • Fort Lincoln Community
  • Fort Lincoln Subdivision

Amenities

  • Picnic Area

Recreation

  • Community Basketball Court

Townhouse Details

Home Type

Townhome

Year Built

Built in 1978

Lot Details

0

HOA Fees

$324 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2017-05-31
  • Year Built: 1978
  • Remarks Public: INVESTOR ALERT. CASH/203K. NO FHA. High Investor Ratio. Estate Sale. Spacious 2 Bdrm Townhome in Fort Lincoln. Livingroom w/Fireplace; Sep Dining; Big Closets; Basement; GARAGE Parking. Near new developments; Costco; Major Highways & Downtown DC. Many Rec Facilities Nearby. House needs some work but has great potential.(Tax Record Amount is Incorrect.) SOLD AS-IS. Unit Faces Fort Lincoln.By APPT.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Kitchen - Galley, Floor Plan - Traditional
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Common Walls: No One Below
  • Entry Location: 1st Floor
  • Levels Count: 2
  • Room List: Living Room, Bedroom 2, Bedroom 1
  • Basement: Yes
  • Living Area Units: Square Feet
  • Total Sq Ft: 1422
  • Living Area Sq Ft: 1422
  • Price Per Sq Ft: 168.07
  • Above Grade Finished Sq Ft: 1422
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3406

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned
  • Parking Space Number Assigned: 84

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • Condo Co-Op Fee: 324.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Picnic Area, Basketball Courts
  • HOA: No
  • Senior Community: No

Schools

  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • School District Key: 121140357950

Lot Info

  • Fencing: Rear
  • Improvement Assessed Value: 167970.00
  • Land Assessed Value: 71980.00
  • Property Attached Yn: Yes
  • Property Condition: Below Average
  • Soil Types: Urban Land-Beltsville-Chillum
  • Year Assessed: 2016
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16077926
  • Tax Annual Amount: 11537.50
  • Assessor Parcel Number: 4325//2303
  • Tax Lot: 2303
  • Tax Total Finished Sq Ft: 1422
  • Tax Year: 2016
  • Close Date: 07/10/2017

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2018
Closed on
Jan 29, 2018
Sold by
The Akoma Group Inc A Body Corporated Of
Bought by
Collier Dawn
Seller's Agent
Kymber Lovett-Menkiti
Keller Williams Capital Properties
Buyer's Agent
Virginia Gergoff
Keller Williams Capital Properties
List Price
$375,000
Sold Price
$380,000
Premium/Discount to List
$5,000
1.33%
Current Estimated Value
$388,951

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,951
Avg. Annual Appreciation
0.31%
Original Mortgage
$380,000
Interest Rate
3.94%
Mortgage Type
VA

Purchase Details

Listed on
May 24, 2017
Closed on
Jul 10, 2017
Sold by
The Estate Of Donald Julius Huff
Bought by
The Akoma Group Inc
Seller's Agent
Maria Hardy-Cooper
Long & Foster Real Estate, Inc.
Buyer's Agent
Fern Pannill
Formant Property Group, LLC
List Price
$239,000
Sold Price
$223,000
Premium/Discount to List
-$16,000
-6.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
159.03%
Source: Public Records

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Range of Values:

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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
Special Warranty Deed $380,000 Kvs Title Llc
Special Warranty Deed $223,000 Rgs Title Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $363,191 VA
Closed $380,000 VA
Previous Owner $70,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2018 01/31/18 Sold $380,000 +1.3% $267 / Sq Ft
01/12/2018 01/12/18 Pending -- -- --
01/10/2018 01/10/18 For Sale $375,000 +68.2% $264 / Sq Ft
07/10/2017 07/10/17 Sold $223,000 -6.7% $157 / Sq Ft
06/07/2017 06/07/17 Pending -- -- --
05/24/2017 05/24/17 For Sale $239,000 -- $168 / 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 $2,212 $430,270 $129,080 $301,190
2023 $2,027 $427,260 $128,180 $299,080
2022 $1,880 $385,190 $115,560 $269,630
2021 $1,721 $367,530 $110,260 $257,270
2020 $1,672 $353,180 $105,950 $247,230
2019 $1,527 $254,510 $76,350 $178,160
2018 $1,524 $252,630 $0 $0
2017 $2,040 $239,950 $0 $0
2016 $11,538 $230,750 $0 $0
2015 $6,021 $228,480 $0 $0
2014 $567 $203,680 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001391419

Bright MLS

APN: 4325-2303