NOT LISTED FOR SALE

3491 Summit Ct NE Unit 3491 Washington, DC 20018

Fort Lincoln Neighborhood

Estimated Value: $339,219 - $365,000

2 Beds
1 Bath
1,417 Sq Ft
$250/Sq Ft Est. Value

Last Sold April 20, 2020

Last sale price $350,000 $247 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,328/month

113 Days on Market

Highlights

  • Private Beach
  • Contemporary Architecture
  • 1 Fireplace
  • View of Trees or Woods
  • Wood Flooring
  • Breakfast Area or Nook

About This Home

As of April 2020

.Priced well-below market value & to allow new buyer consideration to make any upgrades that may be desired. Conveniently located to BW Parkway, Downtown DC, Metro subway and bus stops, Shopping and all conveniences. Newer hardwood floors. Shows well.

Last Agent to Sell the Property

Martha DeLaine

Fairfax Realty Premier License #514690 Listed on: 10/29/2019

Fairfax Realty Premier

Last Buyer's Agent

Antoinette McCree

Epique Realty License #17790

Epique Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,522

Year Built

  • Built in 1978

Lot Details

  • Private Beach
  • South Facing Home
  • Wood Fence
  • Property is in very good condition

HOA Fees

  • $259 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,417 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace
  • Combination Dining and Living Room
  • Wood Flooring
  • Views of Woods
  • Basement
  • Interior Basement Entry

Kitchen

  • Galley Kitchen
  • Breakfast Area or Nook

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • On-Street Parking
  • Parking Lot
  • Off-Street Parking
  • 1 Assigned Parking Space

Utilities

  • Central Heating and Cooling System
  • Dehumidifier
  • Hot Water Heating System
  • Municipal Trash
  • Public Septic

Additional Features

  • Doors swing in
  • Patio

Listing and Financial Details

  • Tax Lot 2385
  • Assessor Parcel Number 4325//2385

Community Details

Overview

  • $120 Capital Contribution Fee
  • Association fees include sewer, water
  • Fort Lincoln Condos, Phone Number (301) 649-1115
  • Fort Lincoln Community
  • Fort Lincoln Subdivision
  • Property Manager

Amenities

  • Common Area

Pet Policy

  • No Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,522

Year Built

Built in 1978

Lot Details

0

HOA Fees

$259 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Contemporary
  • Accessibility Features: Doors - Swing In
  • Ownership: Condominium
  • Historic: No
  • Home Warranty: No
  • Inclusions: Stove/Range,Refrigerator,Disposer,Washer,Dryer,Fireplace Screen Door
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2019-10-29
  • Federal Flood Zone: No
  • Year Built: 1978
  • Remarks Public: .Priced well-below market value & to allow new buyer consideration to make any upgrades that may be desired. Conveniently located to BW Parkway, Downtown DC, Metro subway and bus stops, Shopping and all conveniences. Newer hardwood floors. Shows well.
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Breakfast Area, Combination Dining/Living, Kitchen - Galley, Wood Floors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 2
  • Room Count: 6
  • Room List: Living Room, Basement
  • Basement: Yes
  • Basement Type: Interior Access
  • Total Sq Ft: 1417
  • Living Area Sq Ft: 1417
  • Price Per Sq Ft: 268.17
  • Above Grade Finished Sq Ft: 1417
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3491

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, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Private Beach
  • Road Surface Type: Black Top
  • View: Street, Trees/Woods
  • 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
  • Type Of Parking: Off Street, On Street, Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Dehumidifier
  • Heating Fuel: Electric
  • Heating Type: Central, Hot Water
  • Heating: Yes
  • Sewer/Septic System: Public Sewer, Public Septic
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 259.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Fort Lincoln
  • Condo Co-Op Phone: 301 649-1115
  • HOA Condo Co-Op Amenities: Common Grounds
  • HOA Condo Co-Op Fee Includes: Sewer, Water
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Loss Mitigation Fee?: No
  • Capital Contribution Fee: 120.00

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

  • Horses: No
  • Fencing: Wood
  • Improvement Assessed Value: 198180.00
  • Land Assessed Value: 84930.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Very Good
  • Soil Types: Urban Land Not Rated
  • Year Assessed: 2019
  • Zoning: R-017
  • Zoning Description: Residential-Condo-Vertical
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets Allowed: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 16114774
  • Tax Annual Amount: 1522.00
  • Assessor Parcel Number: 4325//2385
  • Tax Lot: 2385
  • Tax Total Finished Sq Ft: 1417
  • Tax Data Updated: No
  • Tax Year: 2019
  • Close Date: 04/20/2020

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2019
Closed on
Apr 20, 2020
Sold by
Bryant Vashti C
Bought by
Cunningham Thomas D and Dyson Dominic T
Seller's Agent
Martha DeLaine
Fairfax Realty Premier
Buyer's Agent
Antoinette McCree
Epique Realty
List Price
$410,000
Sold Price
$350,000
Premium/Discount to List
-$60,000
-14.63%
Current Estimated Value
$360,376

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,376
Avg. Annual Appreciation
0.34%
Original Mortgage
$318,000
Outstanding Balance
$287,479
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$68,869

Purchase Details

Listed on
Jan 21, 2015
Closed on
Sep 18, 2015
Sold by
Payne Margo
Bought by
Bryant Vashti C
Seller's Agent
Ernest Knight
Next Century Realty, Inc.
Buyer's Agent
Martha DeLaine
Fairfax Realty Premier
List Price
$216,950
Sold Price
$205,000
Premium/Discount to List
-$11,950
-5.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.36%
Original Mortgage
$205,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 3, 2006
Sold by
Pope Lurrie V
Bought by
Payne Margo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,000
Interest Rate
6.59%
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
Cunningham Thomas D $350,000 Prime Title Group Llc
Bryant Vashti C $205,000 None Available
Payne Margo $267,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cunningham Thomas D $318,000
Closed Dyson Dominic T $36,000
Previous Owner Bryant Vashti C $205,000
Previous Owner Payne Margo $267,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2020 04/20/20 Sold $350,000 -7.9% $247 / Sq Ft
02/20/2020 02/20/20 Pending -- -- --
12/04/2019 12/04/19 Price Changed $380,000 -7.3% $268 / Sq Ft
10/29/2019 10/29/19 For Sale $410,000 +100.0% $289 / Sq Ft
09/18/2015 09/18/15 Sold $205,000 0.0% $148 / Sq Ft
03/16/2015 03/16/15 Pending -- -- --
02/25/2015 02/25/15 Price Changed $205,000 -0.4% $148 / Sq Ft
01/22/2015 01/22/15 Price Changed $205,770 -5.2% $149 / Sq Ft
01/21/2015 01/21/15 For Sale $216,950 -- $157 / 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 $953 $341,630 $102,490 $239,140
2023 $972 $342,130 $102,640 $239,490
2022 $2,505 $308,420 $92,530 $215,890
2021 $2,054 $294,250 $88,270 $205,980
2020 $1,666 $283,110 $84,930 $198,180
2019 $1,522 $253,920 $76,180 $177,740
2018 $1,519 $252,050 $0 $0
2017 $1,419 $239,400 $0 $0
2016 $1,347 $230,220 $0 $0
2015 $1,233 $227,960 $0 $0
2014 $1,131 $203,220 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC445466

Bright MLS

APN: 4325-2385