NOT LISTED FOR SALE

3481 Summit Ct NE Unit 3481 Washington, DC 20018

Fort Lincoln Neighborhood

Estimated Value: $365,976 - $395,000

3 Beds
2 Baths
1,678 Sq Ft
$295/mo HOA Fee

Last Sold March 05, 2021

Last sale price $380,000 $226 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,324/month

Highlights

  • Traditional Architecture
  • Community Pool
  • Forced Air Heating and Cooling System

About This Home

As of March 2021

This huge(almost 1,700 sqft) condo has 3 large bedrooms and 2 full bathrooms. Your new condo features tons of living space, a front yard suitable for grilling/entertaining and a large storage room that could be finished and used as a den. This condo has more space than most DC row houses. With a little sweat equity this home will shine. Enjoy all the nearby restaurants, grocery stores, shopping and fitness options of Ivy City, Union Market and The Shops at Dakota Crossing. Another units in this development has been renovated and sold for $454,000(https://www.realtor.com/realestateandhomes-detail/3441-Summit-Ct-NE_Washington_DC_20018_M65951-42261#photo4). There's plenty of built-in equity. Property is being sold as-is.

Last Agent to Sell the Property

Samuel Bryant

(301) 237-4359 info@breatheeasyrealty.com Real Broker, LLC Listed on: 01/22/2021

Real Broker, LLC

Last Buyer's Agent

Claudia Palacios

(240) 832-2555 cp@sthld.com Smart Realty, LLC License #612538

Smart Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,025

Year Built

  • Built in 1978

Lot Details

  • 2,570

HOA Fees

  • $295 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Brick Exterior Construction

Interior Spaces

  • 1,678 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • On-Street Parking
  • Off-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 2380
  • Assessor Parcel Number 4325//2380

Community Details

Overview

  • Association fees include lawn maintenance, management, snow removal, trash
  • Low-Rise Condominium
  • Fort Lincoln Community
  • Fort Lincoln Subdivision

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,025

Year Built

Built in 1978

Lot Details

0

HOA Fees

$295 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1978
  • Automatically Close On Close Date: No
  • Remarks Public: This huge(almost 1,700 sqft) condo has 3 large bedrooms and 2 full bathrooms. Your new condo features tons of living space, a front yard suitable for grilling/entertaining and a large storage room that could be finished and used as a den. This condo has more space than most DC row houses. With a little sweat equity this home will shine. Enjoy all the nearby restaurants, grocery stores, shopping and fitness options of Ivy City, Union Market and The Shops at Dakota Crossing. Another units in this development has been renovated and sold for $454,000(https://www.realtor.com/realestateandhomes-detail/3441-Summit-Ct-NE_Washington_DC_20018_M65951-42261#photo4). There's plenty of built-in equity. Property is being sold as-is.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1678
  • Living Area Sq Ft: 1678
  • Price Per Sq Ft: 208.58
  • Above Grade Finished Sq Ft: 1678
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3481

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • 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: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street, On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • 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: 295.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Fee Includes: Lawn Maintenance, Management, 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: 248470.00
  • Land Assessed Value: 106490.00
  • Soil Types: Unknown
  • Year Assessed: 2020
  • Zoning: MU-5A/RA-4
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16122471
  • Tax Annual Amount: 1025.00
  • Assessor Parcel Number: 4325//2380
  • Tax Lot: 2380
  • Tax Total Finished Sq Ft: 1678
  • Tax Year: 2020
  • Close Date: 03/05/2021

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2021
Closed on
Mar 5, 2021
Sold by
The Estate Of Mary Frances Dunbar
Bought by
Alvarez Victoria and Flores Rosibel
Seller's Agent
Samuel Bryant
Real Broker, LLC
Buyer's Agent
Claudia Palacios
Smart Realty, LLC
List Price
$350,000
Sold Price
$380,000
Premium/Discount to List
$30,000
8.57%
Current Estimated Value
$382,744

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,744
Avg. Annual Appreciation
0.16%
Original Mortgage
$361,000
Outstanding Balance
$323,611
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$59,133

Purchase Details

Closed on
Jul 2, 2003
Sold by
Daniels Allison G
Bought by
Dunbar Mary Frances

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,500
Interest Rate
5.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 1998
Sold by
Bryant + Beverly A
Bought by
Gregory Allison

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,200
Interest Rate
7.03%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Alvarez Victoria $380,000 None Available
Dunbar Mary Frances $154,900 --
Gregory Allison -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alvarez Victoria $361,000
Previous Owner Dunbar Mary Frances $154,500
Previous Owner Gregory Allison $112,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/05/2021 03/05/21 Sold $380,000 +8.6% $226 / Sq Ft
01/27/2021 01/27/21 Pending -- -- --
01/22/2021 01/22/21 For Sale $350,000 -- $209 / 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 -- $410,750 $123,220 $287,530
2023 $0 $410,580 $123,170 $287,410
2022 $0 $370,860 $111,260 $259,600
2021 $2,904 $354,960 $106,490 $248,470
2020 $1,025 $341,540 $102,460 $239,080
2019 $980 $305,420 $91,630 $213,790
2018 $977 $303,180 $0 $0
2017 $917 $288,310 $0 $0
2016 $871 $276,710 $0 $0
2015 $799 $274,190 $0 $0
2014 $731 $242,260 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Samuel Bryant

    Seller's Agent in 2021

    Samuel Bryant

    Real Broker, LLC

    (301) 237-4359

    1 in this area

    62 Total Sales

    Samuel Bryant
    Section Image
  • Claudia Palacios

    Buyer's Agent in 2021

    Claudia Palacios

    Smart Realty, LLC

    (240) 832-2555

    1 in this area

    174 Total Sales

    Claudia Palacios
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DCDC504752

Bright MLS

APN: 4325-2380

District of Columbia District of Columbia County Washington 20018 Fort Lincoln

3481 Summit Ct NE Unit 3481, Washington, DC

This home is located at 3481 Summit Ct NE Unit 3481, Washington, DC 20018 since 22 January 2021 and is currently estimated at $382,744, approximately $228 per square foot. This property was built in 1978. 3481 Summit Ct NE Unit 3481 is a home located in District of Columbia with nearby schools including Langdon Elementary School, McKinley Middle School, and Dunbar High School.

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