NOT LISTED FOR SALE

355 I St SW Unit 522 Washington, DC 20024

Southwest DC Neighborhood

Estimated Value: $341,000 - $393,000

1 Bed
1 Bath
675 Sq Ft
348 Sq Ft Lot Lot

Sale Details

Date Sold: March 17, 2023

Last sale price $385,000 $570 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,614 / mo

Highlights

  • Fitness Center
  • Contemporary Architecture
  • Meeting Room
  • Open Floorplan
  • Fenced Community Pool
  • 3-minute walk to 3rd & I Street Park

About This Home

As of March 2023

Built in 2005, Potomac Place is the gem of Southwest DC. Unit 522 is a bright one bedroom/one bathroom unit, with an open concept layout, including a large bathroom with in-unit washer/dryer. The wall-to-wall windows allow an abundance of natural light all day long. Condo fees are nice and low, and include amenities like the large gym & yoga studio, the community pool, the 24hr concierge, and more!! This modern building offers everything you need and the proximity to everything you want. Walking distance to the Orange & Green METRO lines, The Wharf, Nats Park & Audi Stadium. If you're driving, you'll be on the highway in minutes instead of weaving through the city. Potomac Place is one of the newer buildings in Southwest that won't cost you an arm and a leg, and a great investment whether you'll stay short term or long! Scoop this one up!!

Last Agent to Sell the Property

Jennifer Dameika

(202) 518-8781 jennifersellsdc@gmail.com RLAH @properties License #0225247490 Listed on: 01/19/2023

RLAH @properties

Co-Listed By

Timothy Savoy

(202) 547-3525 dana.hill@cbmove.com Coldwell Banker Realty - Washington License #SP98374459

Last Buyer's Agent

Antoinette McCree

(888) 893-3537 mdbroker@epiquerealty.com Epique Realty License #17790

Epique Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,568

Year Built

  • Built in 2005

Lot Details

  • 348

HOA Fees

  • $395 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 5th floor
  • Brick Exterior Construction

Interior Spaces

  • 675 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Combination Dining and Living Room
  • Carpet

Kitchen

  • Gas Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Parking

  • On-Site Parking for Rent
  • On-Street Parking
  • Parking Lot

Utilities

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

Listing and Financial Details

  • Tax Lot 2600
  • Assessor Parcel Number 0540//2600

Community Details

Overview

  • Association fees include common area maintenance, management, pool(s), reserve funds, trash, snow removal
  • Mid-Rise Community
  • Rla Subdivision

Amenities

  • Meeting Room
  • Party Room
  • Elevator

Recreation

  • Fitness Center
  • Fenced Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,568

Year Built

Built in 2005

Lot Details

348 Sq Ft Lot

HOA Fees

$395 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: Main
  • Year Built: 2005
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Oven/Range - Gas, Refrigerator, Washer, Washer/Dryer Stacked, Water Heater
  • Entry Floor: 5
  • Interior Amenities: Carpet, Combination Dining/Living, Floor Plan - Open, Bathroom - Tub Shower
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 675
  • Living Area Sq Ft: 675
  • Price Per Sq Ft: 576.30
  • Above Grade Finished Sq Ft: 675
  • Above Grade Finished Area Units: Square Feet

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
  • Parking Features: On-Site - Rent
  • Type Of Parking: On Street, Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • 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: 395.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Elevator, Exercise Room, Fitness Center, Meeting Room, Party Room, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management, Pool(s), Reserve Funds, Trash, Snow Removal
  • HOA: No
  • Senior Community: No
  • Community Pool Features: Fenced, In Ground

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Soil Types: Urban Land-Sassafras-Chillum
  • Zoning: RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3568.00
  • Assessor Parcel Number: 0540//2600
  • Tax Lot: 2600
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2023
Closed on
Mar 17, 2023
Sold by
Mattapalli Ramkishan R
Bought by
Gheitu Leila A
Seller's Agent
Jennifer Dameika
RLAH @properties
Buyer's Agent
Antoinette McCree
Epique Realty
List Price
$389,000
Sold Price
$385,000
Premium/Discount to List
-$4,000
-1.03%
Views
1
Current Estimated Value
$374,127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,873
Avg. Annual Appreciation
-0.91%
Original Mortgage
$203,000
Outstanding Balance
$195,922
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$178,205

Purchase Details

Closed on
Jul 13, 2005
Sold by
Potomac Place Ii L L C
Bought by
Mattapalli Jayanandini and Mattapalli Ramkishan R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,200
Interest Rate
5.59%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gheitu Leila A $385,000 Prime Title
Mattapalli Jayanandini $264,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gheitu Leila A $203,000
Previous Owner Mattapalli Jayanandini $211,200
Closed Gheitu Leila A $105,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/17/2023 03/17/23 Sold $385,000 -1.0% $570 / Sq Ft
01/19/2023 01/19/23 For Sale $389,000 -- $576 / Sq Ft
Source: Bright MLS

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
2025 -- $430,410 $129,120 $301,290
2024 $2,825 $436,900 $131,070 $305,830
2023 $2,825 $431,030 $129,310 $301,720
2022 $3,568 $433,530 $130,060 $303,470
2021 $3,476 $422,260 $126,680 $295,580
2020 $3,459 $406,970 $122,090 $284,880
2019 $3,350 $394,090 $118,230 $275,860
2017 $3,124 $367,550 $0 $0
2016 $2,883 $339,130 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Dameika

    Seller's Agent in 2023

    Jennifer Dameika

    Real Living at Home

    (202) 604-1209

    2 in this area

    41 Total Sales

    Jennifer Dameika
    Section Image
  • Timothy Savoy

    Seller Co-Listing Agent in 2023

    Timothy Savoy

    Coldwell Banker (NRT-Southeast-MidAtlantic)

    (202) 387-6180

    1 in this area

    8 Total Sales

    Timothy Savoy
    Section Image
  • Antoinette McCree

    Buyer's Agent in 2023

    Antoinette McCree

    Epique Realty

    (202) 288-4937

    2 in this area

    27 Total Sales

    Antoinette McCree
    Section Image
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Map

Source: Bright MLS

MLS Number: DCDC2080978

Bright MLS

APN: 0540-2600

District of Columbia District of Columbia County Washington 20024 Southwest DC

355 I St SW Unit 522, Washington, DC

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