NOT LISTED FOR SALE

Estimated Value: $379,082 - $417,000

1 Bed
1 Bath
668 Sq Ft
$468/mo HOA Fee

Last Sold September 26, 2023

Last sale price $410,000 $614 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,806/month

52 Days on Market

Highlights

  • Concierge
  • Contemporary Architecture
  • Community Center
  • Fitness Center
  • Community Pool
  • 4-minute walk to 3rd & I Street Park

About This Home

As of September 2023

Welcome to the Potomac Place Condo, Southwest’s lovely modern masterpiece condominium perfectly located within easy walking distance of the Wharf, the Marina and three metros! This gorgeous 668 square foot one bedroom unit boasts beautiful hardwood floors, crown molding, a separate dining area, lovely east facing windows and a large balcony! This lovely unit also boasts a well appointed gourmet kitchen with stainless steel appliances, wood cabinets and a rarely found IN-UNIT WASHER/DRYER, a lovely updated bathroom, plenty of storage and ASSIGNED OFF-STREET PARKING! Recessed lights and ceilings fans are new in 2023. Hardwood floors were installed in 2022. The hot water heater is only 2 or 3 years old. The building features a 24 hour front desk, 2 fitness centers and an OUTDOOR POOL WITH LIFEGUARD! Condo fee includes parking. PET FRIENDLY! Potomac Place is conveniently located in the booming Southwest Waterfront neighborhood within easy strolling distance of restaurants and live entertainment at the Wharf, Arena Stage, three metros, gourmet grocery shopping, CVS and Starbucks, and the National Mall! The Waterfront is also very convenient to Nats Park, Audi Field, National Airport and 395, and you can easily catch the water taxi to Georgetown, Alexandria and National Harbour. Don’t miss out. Come tour this lovely unit today!

Last Agent to Sell the Property

Peter Frias

(202) 744-8973 petercfrias@gmail.com Samson Properties Listed on: 06/30/2023

Samson Properties

Last Buyer's Agent

Edward Heid

(202) 360-0315 edward.heid@longandfoster.com Long & Foster Real Estate, Inc. License #5002192

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,820

Year Built

  • Built in 2004

Lot Details

  • 392

HOA Fees

  • $468 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 4th floor
  • Brick Exterior Construction

Interior Spaces

  • 668 Sq Ft Home
  • Property has 1 Level
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Parking

  • Parking Lot
  • Assigned Parking

Accessible Home Design

  • Accessible Elevator Installed

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 2420
  • Assessor Parcel Number 0540//2420

Community Details

Overview

  • Association fees include common area maintenance, health club, parking fee, reserve funds, sewer, snow removal, trash, water
  • Mid-Rise Condominium
  • Southwest Waterfront Subdivision

Amenities

  • Concierge
  • Fax or Copying Available
  • Community Center
  • Party Room

Recreation

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,820

Year Built

Built in 2004

Lot Details

0

HOA Fees

$468 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Contemporary
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-06-30
  • Year Built: 2004
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Entry Floor: 4
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 668
  • Living Area Sq Ft: 668
  • Price Per Sq Ft: 619.76
  • Above Grade Finished Sq Ft: 668
  • 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, 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: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: 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: 468.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Community Center, Concierge, Elevator, Exercise Room, Fax/Copying, Fitness Center, Party Room, Pool - Outdoor, Reserved/Assigned Parking
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Health Club, Parking Fee, Reserve Funds, Sewer, Snow Removal, Trash, Water
  • HOA: No
  • Senior Community: No

Schools

  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • School District Key: 121140357950
  • School District Source: Listing Agent

Lot Info

  • Soil Types: Unknown
  • Year Assessed: 2022
  • In City Limits: Yes

Rental Info

  • Pets: Cats Ok, Dogs Ok, Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2820.00
  • Assessor Parcel Number: 0540//2420
  • Tax Lot: 2420
  • Tax Total Finished Sq Ft: 668
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 09/26/2023

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2023
Closed on
Sep 26, 2023
Sold by
Babers Lucinda Marnie
Bought by
Chalkley Marie Leone
Seller's Agent
Peter Frias
Samson Properties
Buyer's Agent
Edward Heid
Long & Foster Real Estate, Inc.
List Price
$424,000
Sold Price
$410,000
Premium/Discount to List
-$14,000
-3.3%
Views
89
Current Estimated Value
$398,271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,729
Avg. Annual Appreciation
-1.41%
Original Mortgage
$369,000
Outstanding Balance
$358,321
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$39,950
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
Chalkley Marie Leone $410,000 Cardinal Title Group
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chalkley Marie Leone $369,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2023 09/26/23 Sold $410,000 -1.0% $614 / Sq Ft
08/22/2023 08/22/23 Pending -- -- --
07/21/2023 07/21/23 Price Changed $414,000 -2.4% $620 / Sq Ft
06/30/2023 06/30/23 For Sale $424,000 -- $635 / 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 $2,797 $431,320 $129,400 $301,920
2023 $2,779 $425,660 $127,700 $297,960
2022 $2,820 $424,270 $127,280 $296,990
2021 $2,750 $413,150 $123,940 $289,210
2020 $2,771 $401,730 $120,520 $281,210
2019 $2,699 $392,420 $117,730 $274,690
2018 $2,630 $382,760 $0 $0
2017 $2,539 $371,150 $0 $0
2016 $2,318 $344,430 $0 $0
2015 $2,149 $329,440 $0 $0
2014 -- $301,190 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC2102264

Bright MLS

APN: 0540-2420