NOT LISTED FOR SALE

343 Cedar St NW Unit 102 Washington, DC 20012

Takoma Neighborhood

Estimated Value: $518,000 - $557,000

2 Beds
2.5 Baths
1,264 Sq Ft
$653/mo HOA Fee

Last Sold June 05, 2023

Last sale price $535,000 $423 Per Sq Ft

Current estimated payment $3,746/month

5 Days on Market

Highlights

  • Open Floorplan
  • 2-minute walk to Takoma
  • Stainless Steel Appliances
  • Contemporary Architecture
  • Terrace
  • Subterranean Parking

About This Home

As of June 2023

Welcome to Unit 102 at Cedar Crossing, an exquisite 2-level urban oasis boasting 1,264 sq ft of beautifully designed living space in sought after Takoma Park. This freshly painted gem is just steps from the Takoma Metro, making your daily commute a breeze. As you step inside, you'll be wowed by the open-concept main floor featuring wide plank, white oak LVP flooring, 10-foot ceilings, and superior windows that flood the space with natural light while providing energy efficiency and tranquility.

The updated kitchen showcases stunning quartz countertops, stainless-steel appliances and seamlessly overlooks the dining and living areas. Entertaining is a delight in this stylish space, complete with a Romeo & Juliet balcony and a convenient main-floor powder room.

Retreat to the owner's suite, which boasts a custom closet, generously sized bathroom, and a private, 13’ x 14’ patio that offers a serene view of the courtyard. The spacious second bedroom also has an en suite bathroom. At Cedar Crossing, you'll enjoy the best of city living while being surrounded by the charm of Takoma. This vibrant community offers an array of shops, restaurants, parks and rec centers, and a bustling farmer's market just around the corner.

Unit 102 is a rare find, as it is one of only two main floor units with an inside entry and it has perhaps the best outdoor space of any unit in the building. You'll appreciate the abundance of storage options, including a large main-floor coat closet and generous closets in both bedrooms. The dedicated garage parking space provides added convenience, with the ability to install an EV charger if desired. Don't miss the opportunity to make this remarkable home your own and experience the perfect blend of convenience, comfort, and luxury in Takoma!

What the sellers love about this home and about Takoma: We loved our time in Takoma Park and at Cedar Crossing. We love the super high ceilings that make an already large unit feel even more spacious. Extremely fast and reliable fiber optic internet. Garage parking and an elevator that made Costco runs so much easier. Grilling and watching movies on the patio. Going for walks through Takoma Park, MD and stopping to play at one of the many parks. Walking to Silver Spring for dinner on summer evenings. And the neighbors – Cedar Crossing is a special place with a great sense of community that we were fortunate to find in the city.

Last Agent to Sell the Property

Andre Perez

(202) 400-3070 andre@compass.com Compass License #BR986378386 Listed on: 05/03/2023

Compass

Co-Listed By

Camilo Bermudez

(703) 371-4788 Camilo@Districtpartners.com Compass

Last Buyer's Agent

Carmen Fontecilla

(301) 908-6672 carmenhomes@gmail.com Compass

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,346

Year Built

  • Built in 2005

Lot Details

  • 653

HOA Fees

  • $653 Monthly HOA Fees

Parking

  • Subterranean Parking
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,264 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Recessed Lighting
  • Window Treatments
  • Combination Dining and Living Room
  • Carpet
  • Home Security System

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Terrace

Utilities

  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 2005
  • Assessor Parcel Number 3187//2005

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, management, reserve funds, sewer, snow removal, trash, water
  • Cedar Crossing Condominium Condos
  • Takoma Subdivision

Pet Policy

  • Dogs and Cats Allowed
  • Breed Restrictions

Additional Features

  • Common Area
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,346

Year Built

Built in 2005

Lot Details

0

HOA Fees

$653 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2023-05-04
  • Federal Flood Zone: No
  • Year Built: 2005
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer, Dryer
  • Interior Amenities: Carpet, Combination Dining/Living, Floor Plan - Open, Recessed Lighting, Window Treatments
  • Fireplace: No
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Main Floor, Washer In Unit, Dryer In Unit
  • Total Sq Ft: 1264
  • Living Area Sq Ft: 1264
  • Price Per Sq Ft: 415.35
  • Above Grade Finished Sq Ft: 1264
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Main Level Half Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Underground, Garage Door Opener
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Security System, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 652.61
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Cedar Crossing Condominium
  • HOA Condo Co-Op Amenities: Common Grounds
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Management, Reserve Funds, Sewer, Snow Removal, Trash, Water
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 357690.00
  • Land Assessed Value: 153300.00
  • Outdoor Living Structures: Terrace
  • Soil Types: Unknown
  • Zoning: RES
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok, Breed Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16145903
  • Tax Annual Amount: 3346.00
  • Assessor Parcel Number: 3187//2005
  • Tax Lot: 2005
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2023
Closed on
Jun 2, 2023
Sold by
Palmer Matthew
Bought by
Fa1nbush Brandon M and Looker Jessica
Seller's Agent
Andre Perez
Compass
Buyer's Agent
Carmen Fontecilla
Compass
List Price
$525,000
Sold Price
$535,000
Premium/Discount to List
$10,000
1.9%
Views
21
Current Estimated Value
$537,263

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,263
Avg. Annual Appreciation
0.18%
Original Mortgage
$546,502
Outstanding Balance
$527,043
Interest Rate
5%
Mortgage Type
VA
Estimated Equity
$10,220

Purchase Details

Listed on
Apr 28, 2016
Closed on
May 31, 2016
Sold by
Dickerson Michael A and Flinn Jennifer T
Bought by
Palmer Matthew
Seller's Agent
Dan Metcalf
Perennial Real Estate
Buyer's Agent
Jacqueline Appel
Washington Fine Properties, LLC
List Price
$399,000
Sold Price
$412,500
Premium/Discount to List
$13,500
3.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.77%
Original Mortgage
$302,250
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2009
Sold by
Rosenberg Allison Anne
Bought by
Dickerson Michael A and Flinn Jennifer T

Purchase Details

Closed on
Aug 22, 2007
Sold by
Gumbs Keir
Bought by
Rosenberg Allison

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,960
Interest Rate
6.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 2005
Sold by
New Legacy I Llc
Bought by
Wright Kenya M and Gumbs Keir D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,828
Interest Rate
5.68%
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
Fa1nbush Brandon M $535,000 Westcor Land Title Insurance
Palmer Matthew $412,500 Federal Title & Escrow Co
Dickerson Michael A $370,000 --
Rosenberg Allison $399,950 --
Wright Kenya M $377,285 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fa1nbush Brandon M $546,502
Previous Owner Palmer Matthew $302,250
Previous Owner Rosenberg Allison $319,960
Previous Owner Wright Kenya M $301,828
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/05/2023 06/05/23 Sold $535,000 +1.9% $423 / Sq Ft
05/03/2023 05/03/23 For Sale $525,000 +27.3% $415 / Sq Ft
05/31/2016 05/31/16 Sold $412,500 +3.4% $326 / Sq Ft View Prior Sale
05/02/2016 05/02/16 Pending -- -- --
04/28/2016 04/28/16 For Sale $399,000 -- $316 / 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
2025 $3,375 $502,520 $150,760 $351,760
2024 $3,461 $509,450 $152,830 $356,620
2023 $3,504 $510,990 $153,300 $357,690
2022 $3,346 $486,080 $145,820 $340,260
2021 $3,266 $473,830 $142,150 $331,680
2020 $3,265 $459,860 $137,960 $321,900
2019 $1,463 $432,420 $129,730 $302,690
2018 $2,865 $410,350 $0 $0
2017 $2,798 $401,620 $0 $0
2016 $2,986 $429,930 $0 $0
2015 $2,717 $391,010 $0 $0
2014 $2,491 $363,230 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Andre Perez

    Seller's Agent in 2023

    Andre Perez

    Compass

    (202) 400-3070

    1 in this area

    141 Total Sales

    Andre Perez
    Section Image
  • Camilo Bermudez

    Seller Co-Listing Agent in 2023

    Camilo Bermudez

    Compass

    (703) 371-4788

    1 in this area

    117 Total Sales

    Camilo Bermudez
    Section Image
  • Carmen Fontecilla

    Buyer's Agent in 2023

    Carmen Fontecilla

    Compass

    (301) 908-6672

    2 in this area

    293 Total Sales

    Carmen Fontecilla
    Section Image
  • Dan Metcalf

    Seller's Agent in 2016

    Dan Metcalf

    Perennial Real Estate

    (301) 830-1221

    3 in this area

    219 Total Sales

    Dan Metcalf
    Section Image
  • Margaret Finn

    Seller Co-Listing Agent in 2016

    Margaret Finn

    Perennial Real Estate

    (301) 602-5810

    Margaret Finn
    Section Image
  • Jacqueline Appel

    Buyer's Agent in 2016

    Jacqueline Appel

    Washington Fine Properties, LLC

    (240) 498-4043

    71 Total Sales

    Jacqueline Appel
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DCDC2093976

Bright MLS

APN: 3187-2005

District of Columbia District of Columbia County Washington 20012 Takoma

343 Cedar St NW Unit 102, Washington, DC

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