$305,000
SOLD MAR 27, 2014
1 Bed
1 Bath
742 Sq Ft
$285/mo HOA Fee

Recently Sold

$411 Per Sq Ft

2% Above List Price

Highlights

  • Concierge
  • Open Floorplan
  • Community Pool
  • Fitness Center
  • Contemporary Architecture
  • Party Room

About This Home

As of September 2023

2004-built 1BR/1BA with BALCONY & IN-UNIT WASHER / DRYER! Potomac Place Condominium is a PET-FRIENDLY, FHA/VA-approved building w/ elevator, 24-hour concierge, secured entry, pool, media room, business / fitness centers! Rental parking may be available. TWO blocks to METRO, CVS, Safeway, Starbucks! A few blocks to Nationals Stadium, U.S. Capitol, National Mall monuments, museums!

Last Agent to Sell the Property

Atul Garg

agarg@cbmove.com Coldwell Banker Realty - Washington Listed on: 06/21/2013

Last Buyer's Agent

Elizabeth Sheehy

(703) 298-8143 bsheehy@ttrsir.com TTR Sothebys International Realty License #SP98364370

TTR Sothebys International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,071

Year Built

  • Built in 2004

HOA Fees

  • $285 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 742 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Combination Dining and Living Room
  • Stacked Washer and Dryer

Kitchen

  • Breakfast Area or Nook
  • Gas Oven or Range
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Hot Water Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 2361
  • Assessor Parcel Number 0540//2361

Community Details

Overview

  • Moving Fees Required
  • Association fees include management, insurance, reserve funds, sewer, snow removal, water, common area maintenance, pool(s), trash
  • 302 Units
  • Mid-Rise Condominium
  • Potomac Place Condominium Community
  • Waterfront Subdivision
  • The community has rules related to moving in times

Amenities

  • Concierge
  • Party Room
  • Elevator

Recreation

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,071

Year Built

Built in 2004

Lot Details

0

HOA Fees

$285 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 2004
  • Remarks Public: 2004-built 1BR/1BA with BALCONY & IN-UNIT WASHER / DRYER! Potomac Place Condominium is a PET-FRIENDLY, FHA/VA-approved building w/ elevator, 24-hour concierge, secured entry, pool, media room, business / fitness centers! Rental parking may be available. TWO blocks to METRO, CVS, Safeway, Starbucks! A few blocks to Nationals Stadium, U.S. Capitol, National Mall monuments, museums!
  • Special Features: 4108
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Oven/Range - Gas, Refrigerator, Stove, Washer/Dryer Stacked, Microwave
  • Interior Amenities: Breakfast Area, Combination Dining/Living, Floor Plan - Open
  • Fireplace: No
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 742
  • Living Area Sq Ft: 742
  • Price Per Sq Ft: 404.18
  • Above Grade Finished Sq Ft: 742
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 350

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • 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
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 285.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Concierge, Elevator, Exercise Room, Party Room, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Management, Insurance, Reserve Funds, Sewer, Snow Removal, Water, Common Area Maintenance, Pool(s), Trash
  • HOA Condo Co-Op Rules: Elevator Use, Moving Fees Required, Moving In Times, Pets - Allowed
  • HOA: No

Lot Info

  • Improvement Assessed Value: 170570.00
  • Land Assessed Value: 73100.00
  • Soil Types: Urban Land-Sassafras-Chillum
  • Year Assessed: 2013
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16140637
  • Tax Annual Amount: 2071.20
  • Assessor Parcel Number: 0540//2361
  • Tax Lot: 2361
  • Tax Total Finished Sq Ft: 670
  • Tax Year: 2013
  • Close Date: 03/27/2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2023
Closed on
Sep 27, 2023
Sold by
Mihelich Peggy E
Bought by
Clifford Megan Kelsy and Clifford Sterling J
Seller's Agent
Elizabeth Sheehy
TTR Sothebys International Realty
Buyer's Agent
Abigail Paulsen
Coldwell Banker Realty - Washington
List Price
$399,500
Sold Price
$389,500
Premium/Discount to List
-$10,000
-2.5%
Views
55
Current Estimated Value
$383,541

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,959
Avg. Annual Appreciation
-1.33%
Original Mortgage
$217,696
Outstanding Balance
$214,377
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$165,045

Purchase Details

Listed on
Jun 21, 2013
Closed on
Mar 27, 2014
Sold by
Roach Ronald
Bought by
Mihelich Peggy E
Seller's Agent
Atul Garg
Coldwell Banker Realty - Washington
Buyer's Agent
Elizabeth Sheehy
TTR Sothebys International Realty
List Price
$299,900
Sold Price
$305,000
Premium/Discount to List
$5,100
1.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.60%
Original Mortgage
$289,750
Interest Rate
4.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 29, 2004
Sold by
Potomac Place Ii L L C
Bought by
Roach Ronald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,300
Interest Rate
5.63%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Deed $389,500 Paragon Title
Warranty Deed $305,000 --
Warranty Deed $237,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $217,696 New Conventional
Previous Owner $270,000 New Conventional
Previous Owner $285,700 New Conventional
Previous Owner $289,750 New Conventional
Previous Owner $228,000 Adjustable Rate Mortgage/ARM
Previous Owner $42,750 Stand Alone Second
Previous Owner $213,300 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2023 09/29/23 Sold $389,500 0.0% $581 / Sq Ft
08/14/2023 08/14/23 Price Changed $389,500 -2.5% $581 / Sq Ft
07/11/2023 07/11/23 For Sale $399,500 +31.0% $596 / Sq Ft
03/27/2014 03/27/14 Sold $305,000 +1.7% $411 / Sq Ft
11/07/2013 11/07/13 Pending -- -- --
11/01/2013 11/01/13 For Sale $299,900 0.0% $404 / Sq Ft
08/14/2013 08/14/13 Pending -- -- --
08/02/2013 08/02/13 Price Changed $299,900 -3.3% $404 / Sq Ft
07/16/2013 07/16/13 Price Changed $310,000 -3.1% $418 / Sq Ft
06/21/2013 06/21/13 For Sale $320,000 -- $431 / 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 $2,200 $361,000 $108,300 $252,700
2023 $2,216 $359,390 $107,820 $251,570
2022 $2,286 $361,440 $108,430 $253,010
2021 $2,230 $352,000 $105,600 $246,400
2020 $2,240 $339,240 $101,770 $237,470
2019 $2,182 $331,530 $99,460 $232,070
2018 $2,125 $323,370 $0 $0
2017 $2,044 $315,380 $0 $0
2016 $1,864 $291,020 $0 $0
2015 $1,755 $277,840 $0 $0
2014 -- $254,030 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003582246

Bright MLS

APN: 0540-2361