NOT LISTED FOR SALE

Estimated Value: $398,000 - $416,000

1 Bed
1 Bath
673 Sq Ft
$414/mo HOA Fee

Last Sold June 18, 2021

Last sale price $420,000 $624 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,823/month

Highlights

  • Concierge
  • 24-Hour Security
  • Community Pool
  • Fitness Center
  • Traditional Architecture
  • 4-minute walk to 3rd & I Street Park

About This Home

As of June 2021

$7000 PRICE REDUCTION !!! This top floor 1BR/1 BA Condo is located between the National Mall and the Wharf! Short walk to three metro stations and 7 blocks to Nats Park! Unit has been freshly painted and new flooring just installed in living room, bedroom, and hall. Water heater installed in 2018. Inside you will enjoy an open kitchen with breakfast bar, In-unit washer/dryer, expansive windows and private balcony. Covered parking space #P1-044 conveys with property – a significant value. Monthly HOA includes water, sewer, upkeep of parking space, and building amenities (large fitness room, outdoor pool, 24 hour front desk concierge, party room, exterior landscaping, security) Come visit this sought-after neighborhood where residents enjoy easy access to museums, restaurants, baseball, soccer, parks, and more.

Last Agent to Sell the Property

Joseph Watson

(240) 508-1643 josephwatson@weichert.com Weichert, REALTORS Listed on: 04/24/2021

Weichert, REALTORS

Last Buyer's Agent

William Hirzy

(202) 805-9577 will.hirzy@redfin.com Redfin Corp License #5005482

Redfin Corp

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,618

Year Built

  • Built in 2004

Lot Details

  • 392

HOA Fees

  • $414 Monthly HOA Fees

Parking

  • Assigned parking located at #P1-044
  • Parking Space Conveys

Home Design

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

Interior Spaces

  • 673 Sq Ft Home
  • Property has 1 Level

Kitchen

  • Gas Oven or Range
  • Cooktop
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Utilities

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

Additional Features

  • Accessible Elevator Installed
  • Balcony
  • Property is in excellent condition

Listing and Financial Details

  • Tax Lot 2471
  • Assessor Parcel Number 0540//2471

Community Details

Overview

  • Association fees include common area maintenance, pool(s), sewer, water, snow removal, trash
  • Mid-Rise Condominium
  • Potomac Place Condominium Condos
  • R.L.A. Sw Community
  • Property Manager

Amenities

  • Concierge
  • Common Area
  • Party Room

Recreation

Pet Policy

  • Dogs and Cats Allowed

Security

  • 24-Hour Security
  • Front Desk in Lobby

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,618

Year Built

Built in 2004

Lot Details

0

HOA Fees

$414 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Traditional
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2004
  • Assigned Parking Space Numbers: P1-044
  • Automatically Close On Close Date: No
  • Remarks Public: $7000 PRICE REDUCTION !!! This top floor 1BR/1 BA Condo is located between the National Mall and the Wharf! Short walk to three metro stations and 7 blocks to Nats Park! Unit has been freshly painted and new flooring just installed in living room, bedroom, and hall. Water heater installed in 2018. Inside you will enjoy an open kitchen with breakfast bar, In-unit washer/dryer, expansive windows and private balcony. Covered parking space #P1-044 conveys with property – a significant value. Monthly HOA includes water, sewer, upkeep of parking space, and building amenities (large fitness room, outdoor pool, 24 hour front desk concierge, party room, exterior landscaping, security) Come visit this sought-after neighborhood where residents enjoy easy access to museums, restaurants, baseball, soccer, parks, and more.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Refrigerator, Oven/Range - Gas, Water Heater, Washer/Dryer Stacked, Disposal, Dishwasher, Icemaker
  • Entry Floor: 1
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 673
  • Living Area Sq Ft: 673
  • Price Per Sq Ft: 624.07
  • Above Grade Finished Sq Ft: 673
  • 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
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned, Parking Space Conveys
  • Garage Features: Covered Parking
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 1

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
  • Security: 24 Hour Security, Desk In Lobby
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 414.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Potomac Place Condominium
  • HOA Condo Co-Op Amenities: Common Grounds, Concierge, Elevator, Party Room, Pool - Outdoor, Reserved/Assigned Parking, Security, Exercise Room
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Pool(s), Sewer, Water, Snow Removal, Trash
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • School District Key: 121140357950
  • School District Source: 3rd Party

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 306570.00
  • Land Assessed Value: 131380.00
  • Outdoor Living Structures: Balcony
  • Property Condition: Excellent
  • Soil Types: Unknown
  • Year Assessed: 2020
  • Zoning: RA-3
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 16140527
  • Tax Annual Amount: 3618.00
  • Assessor Parcel Number: 0540//2471
  • Tax Lot: 2471
  • Tax Total Finished Sq Ft: 673
  • Tax Year: 2020
  • Close Date: 06/18/2021

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2021
Closed on
Jun 15, 2021
Sold by
Joseph Watson Brent
Bought by
Ho Jennifer Marie
Seller's Agent
Joseph Watson
Weichert, REALTORS
Buyer's Agent
William Hirzy
Redfin Corp
List Price
$426,999
Sold Price
$420,000
Premium/Discount to List
-$6,999
-1.64%
Current Estimated Value
$405,684

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,316
Avg. Annual Appreciation
-1.04%
Original Mortgage
$336,000
Outstanding Balance
$307,499
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$94,258

Purchase Details

Closed on
Jun 24, 2011
Sold by
Sparling Jeri E
Bought by
Watson Brent J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,625
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2007
Sold by
Swartz Jessica
Bought by
Sparling Jeri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
6.54%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 11, 2005
Sold by
Potomac Place Ii Llc
Bought by
Swartz Jessica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
5.67%
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 Buyer Sale Price Title Company
Ho Jennifer Marie $420,000 Title Forward
Watson Brent J $310,000 --
Sparling Jeri $337,500 --
Swartz Jessica $295,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ho Jennifer Marie $336,000
Previous Owner Watson Brent Joseph $274,000
Previous Owner Watson Brent J $276,625
Previous Owner Sparling Jeri $25,000
Previous Owner Swartz Jessica M $300,500
Previous Owner Swartz Jessica $236,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2021 06/18/21 Sold $420,000 0.0% $624 / Sq Ft
05/19/2021 05/19/21 Pending -- -- --
05/12/2021 05/12/21 Price Changed $420,000 -1.6% $624 / Sq Ft
04/24/2021 04/24/21 For Sale $426,999 -- $634 / 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 $2,980 $452,830 $135,850 $316,980
2023 $2,961 $447,030 $134,110 $312,920
2022 $3,036 $449,680 $134,900 $314,780
2021 $3,610 $437,950 $131,380 $306,570
2020 $3,618 $425,650 $127,690 $297,960
2019 $3,503 $412,170 $123,650 $288,520
2018 $3,417 $402,030 $0 $0
2017 $3,284 $386,380 $0 $0
2016 $2,437 $358,460 $0 $0
2015 $2,263 $342,850 $0 $0
2014 -- $313,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC518088

Bright MLS

APN: 0540-2471