NOT LISTED FOR SALE

Estimated Value: $2,881,000 - $3,092,000

5 Beds
4.5 Baths
3,824 Sq Ft
$782/Sq Ft Est. Value

Last Sold September 30, 2022

Last sale price $2,695,000 $705 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $17,201/month

1 Day on Market

Highlights

  • Concrete Pool
  • Gourmet Galley Kitchen
  • Colonial Architecture
  • Stoddert Elementary School Rated A
  • Open Floorplan
  • Deck

About This Home

As of September 2022

New Listing! Showing by Appointment...OUTSTANDING OFFERING IN COVETED OBSERVATORY CIRCLE--A SPECIAL ENCLAVE ADJACENT TO THE VICE PRESIDENT'S RESIDENCE AND A RENOVATED (GUY MASON) PARK! JUST BLOCKS TO SHOPS AND RESTAURANTS, THIS CHARMING CIRCA 1925 DUTCH COLONIAL IS AWASH IN NATURAL LIGHT WITH APPROXIMATELY 3900 TOTAL SQUARE FEET AND IS SITED ON A LARGE LEVEL LOT (7,916 SQFT) FEATURING 5 BEDROOMS, 4.5 FULLY UPDATED BATHROOMS, 40' HEATED POOL, CHEF'S KITCHEN OPEN TO BREAKFAST ROOM AND LARGE TREE-TOP DECK, MAIN LEVEL FAMILY ROOM, HOME OFFICE, LARGE RECREATION ROOM, CHEERFUL LAUNDRY ROOM, STORAGE ROOM, ONE CAR GARAGE/STORAGE ALL IN WALK-OUT LOWER LEVEL. EASY ACCESS TO DOWNTOWN AND THREE MAJOR AIRPORTS MAKE THIS AN EXCELLENT CHOICE FOR THE MOST DISCERNING BUYER.

Last Agent to Sell the Property

Eileen McGrath

Washington Fine Properties, LLC Listed on: 09/06/2022

Washington Fine Properties, LLC

Co-Listed By

Kathleen King

Washington Fine Properties, LLC

Last Buyer's Agent

JEN FRITZ

TTR Sotheby's International Realty

TTR Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,713

Year Built

  • Built in 1925

Lot Details

  • 7,916 Sq Ft Lot
  • Property is Fully Fenced
  • Wood Fence
  • Landscaped
  • Premium Lot
  • Sprinkler System
  • Back and Front Yard
  • Property is in excellent condition
  • Property is zoned R1B

Home Design

  • Colonial Architecture
  • Stone Foundation
  • Slab Foundation
  • Slate Roof
  • Rubber Roof
  • Stone Siding

Interior Spaces

  • Property has 4 Levels
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Crown Molding
  • Ceiling height of 9 feet or more
  • Recessed Lighting
  • Gas Fireplace
  • Awning
  • Window Treatments
  • Living Room
  • Formal Dining Room
  • Den
  • Recreation Room
  • Bonus Room
  • Storage Room
  • Garden Views
  • Attic

Kitchen

  • Gourmet Galley Kitchen
  • Kitchenette
  • Breakfast Room
  • Butlers Pantry
  • Gas Oven or Range
  • Six Burner Stove
  • Range Hood
  • Microwave
  • Extra Refrigerator or Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Wine Rack
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Soaking Tub
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Electric Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Rear Basement Entry
  • Laundry in Basement

Home Security

  • Home Security System
  • Exterior Cameras
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 3 Parking Spaces
  • 3 Driveway Spaces
  • Off-Street Parking

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Heated Spa
  • Fence Around Pool

Outdoor Features

  • Deck
  • Patio

Schools

  • Stoddert Elementary School
  • Hardy Middle School
  • Jackson-Reed High School

Utilities

  • Central Air
  • Radiator
  • 60 Gallon+ Natural Gas Water Heater
  • Municipal Trash
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Observatory Circle Subdivision

Listing and Financial Details

  • Tax Lot 31
  • Assessor Parcel Number 1937//0031

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,713

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Hot Tub; Pool Cover; Pool Equipment; Awning
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Expected On Market: 2022-09-06
  • Federal Flood Zone: No
  • Year Built: 1925
  • Automatically Close On Close Date: No
  • Building Winterized: Yes
  • Remarks Public: New Listing! Showing by Appointment...OUTSTANDING OFFERING IN COVETED OBSERVATORY CIRCLE--A SPECIAL ENCLAVE ADJACENT TO THE VICE PRESIDENT'S RESIDENCE AND A RENOVATED (GUY MASON) PARK! JUST BLOCKS TO SHOPS AND RESTAURANTS, THIS CHARMING CIRCA 1925 DUTCH COLONIAL IS AWASH IN NATURAL LIGHT WITH APPROXIMATELY 3900 TOTAL SQUARE FEET AND IS SITED ON A LARGE LEVEL LOT (7,916 SQFT) FEATURING 5 BEDROOMS, 4.5 FULLY UPDATED BATHROOMS, 40' HEATED POOL, CHEF'S KITCHEN OPEN TO BREAKFAST ROOM AND LARGE TREE-TOP DECK, MAIN LEVEL FAMILY ROOM, HOME OFFICE, LARGE RECREATION ROOM, CHEERFUL LAUNDRY ROOM, STORAGE ROOM, ONE CAR GARAGE/STORAGE ALL IN WALK-OUT LOWER LEVEL. EASY ACCESS TO DOWNTOWN AND THREE MAJOR AIRPORTS MAKE THIS AN EXCELLENT CHOICE FOR THE MOST DISCERNING BUYER.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Electric, Extra Refrigerator/Freezer, Microwave, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Dryer, Range Hood, Six Burner Stove, Washer, Water Heater
  • Flooring Type: Hardwood, Carpet, Ceramic Tile
  • Interior Amenities: Built-Ins, Dining Area, Floor Plan - Traditional, Kitchen - Galley, Primary Bath(s), Upgraded Countertops, Wood Floors, Wet/Dry Bar, Breakfast Area, Attic, Formal/Separate Dining Room, Kitchenette, Pantry, Recessed Lighting, Soaking Tub, Sprinkler System, Store/Office, Tub Shower, Walk-In Closet(s), Butlers Pantry, Carpet, Crown Moldings, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Island, Kitchen - Table Space, Window Treatments, Wine Storage
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall
  • Foundation Details: Slab, Stone
  • Levels Count: 4
  • Room Count: 14
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Den, Breakfast Room, Laundry, Office, Recreation Room, Storage Room, Bonus Room
  • Basement: Yes
  • Basement Type: Fully Finished, Outside Entrance, Rear Entrance, Walkout Level
  • Laundry Type: Basement
  • Total Sq Ft: 3824
  • Living Area Sq Ft: 3824
  • Price Per Sq Ft: 969.42
  • Above Grade Finished Sq Ft: 2780
  • Below Grade Finished Sq Ft: 1044
  • Total Below Grade Sq Ft: 1044
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3526

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Upper Level 2 Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Upper Level 2 Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stone
  • Exterior Features: Underground Lawn Sprinkler, Awning(s)
  • Pool Features: Heated, Fenced, Concrete, In Ground
  • Roof: Slate, Rubber
  • Spa Features: Heated, Private
  • Spa: Yes
  • View: Garden/Lawn
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Concrete Driveway
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway, Off Street
  • Number of Spaces in Driveway: 3

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank, Natural Gas
  • Security: Security System, Exterior Cameras, Carbon Monoxide Detector(s), Main Entrance Lock, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Natural Gas Available, Cable Tv Available, Electric Available, Water Available
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • Elementary School: STODDERT
  • Middle School: HARDY
  • High School: JACKSON-REED
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121140357950
  • School District Source: Listing Agent
  • Elementary School: STODDERT
  • High School: JACKSON-REED
  • Middle Or Junior School: HARDY

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Fencing: Fully, Wood
  • Lot Features: Landscaping, Premium, Front Yard, Rear Yard
  • Lot Size Acres: 0.18
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7916.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Property Condition: Excellent
  • Soil Types: Urban Land-Sassafras-Chillum
  • Year Assessed: 2021
  • Zoning: R1B
  • Zoning Description: RESIDENTIAL
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Tax Annual Amount: 14713.00
  • Assessor Parcel Number: 1937//0031
  • Tax Lot: 31
  • Tax Total Finished Sq Ft: 3824
  • Tax Year: 2021
  • Close Date: 09/30/2022

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2022
Closed on
Sep 22, 2022
Sold by
Gersten Richard S and Gersten Victoria
Bought by
Ricciuti Michael G and Ricciuti Courtney A
Seller's Agent
Eileen McGrath
Washington Fine Properties, LLC
Buyer's Agent
JEN FRITZ
TTR Sotheby's International Realty
List Price
$2,695,000
Sold Price
$2,695,000
Views
10
Current Estimated Value
$2,875,076

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,076
Avg. Annual Appreciation
1.12%
Original Mortgage
$2,000,000
Outstanding Balance
$1,920,014
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
$861,961

Purchase Details

Closed on
Jun 30, 2006
Sold by
Sines Richard H
Bought by
Gersten Richard S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,024,000
Interest Rate
6.88%
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
Ricciuti Michael G $2,695,000 --
Gersten Richard S $1,530,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ricciuti Michael G $2,000,000
Previous Owner Gersten Richard S $760,000
Previous Owner Gersten Richard S $780,000
Previous Owner Gersten Richard S $938,500
Previous Owner Gersten Richard S $999,000
Previous Owner Gersten Richard S $1,024,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2022 09/30/22 Sold $2,695,000 0.0% $705 / Sq Ft
09/08/2022 09/08/22 Pending -- -- --
09/06/2022 09/06/22 For Sale $2,695,000 -- $705 / 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 $17,522 $2,689,170 $1,192,470 $1,496,700
2023 $15,955 $1,961,050 $1,149,170 $811,880
2022 $15,554 $1,908,540 $1,144,420 $764,120
2021 $14,714 $1,807,350 $1,115,760 $691,590
2020 $14,417 $1,771,800 $1,096,450 $675,350
2019 $6,615 $1,752,190 $1,055,280 $696,910
2018 $14,037 $1,724,730 $0 $0
2017 $13,587 $1,670,970 $0 $0
2016 $13,095 $1,612,230 $0 $0
2015 $12,695 $1,564,970 $0 $0
2014 $12,130 $1,497,290 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC2064978

Bright MLS

APN: 1937-0031