$180,000
SOLD JAN 24, 2025
-- Bed
1 Bath
515 Sq Ft
$321/mo HOA Fee

Recently Sold

$350 Per Sq Ft

23% Below List Price

61 Days on Market

Highlights

  • Concierge
  • Open Floorplan
  • Combination Kitchen and Living
  • Fitness Center
  • Contemporary Architecture
  • 3-minute walk to 3rd & I Street Park

About This Home

As of January 2025

Welcome home to 355 I St SW at Potomac Place. This spacious unit with an open floor plan features expansive windows, kitchen with breakfast bar, ample closets, spacious bath, and washer/dryer unit. Potomac Place Condominiums offers residents full-service amenities including 24hr concierge, two fitness centers, an entertainment lounge, and an outdoor pool. Located 1 block from Metro Station, grocery store, and restaurants. Only four blocks to The Wharf, and seven blocks to the Nats Park and Navy Yard. Shopping, dining, sports, and entertainment at your doorstep. Needs updating. You don't want to miss this opportunity!

Last Agent to Sell the Property

Tiffany Dodson

Samson Properties License #SP98378327 Listed on: 09/26/2024

Samson Properties

Last Buyer's Agent

Tiffany Dodson

Samson Properties License #SP98378327 Listed on: 09/26/2024

Samson Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $689

Year Built

  • Built in 2005

HOA Fees

  • $321 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1 Full Bathroom
  • 515 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Combination Kitchen and Living

Kitchen

  • Stove
  • Dishwasher

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Accessible Home Design

  • Accessible Elevator Installed

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 0540//2507

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, pool(s), management, snow removal, reserve funds, sewer, water, trash
  • Mid-Rise Condominium
  • Potomac Place Condominium Community
  • Southwest Waterfront Subdivision
  • Property Manager

Amenities

  • Concierge
  • Party Room
  • Elevator

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$689

Year Built

Built in 2005

Lot Details

0

HOA Fees

$321 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
  • Year Built: 2005
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome home to 355 I St SW at Potomac Place. This spacious unit with an open floor plan features expansive windows, kitchen with breakfast bar, ample closets, spacious bath, and washer/dryer unit. Potomac Place Condominiums offers residents full-service amenities including 24hr concierge, two fitness centers, an entertainment lounge, and an outdoor pool. Located 1 block from Metro Station, grocery store, and restaurants. Only four blocks to The Wharf, and seven blocks to the Nats Park and Navy Yard. Shopping, dining, sports, and entertainment at your doorstep. Needs updating. You don't want to miss this opportunity!
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Refrigerator, Stove, Washer/Dryer Stacked
  • Entry Floor: 2
  • Interior Amenities: Combination Kitchen/Living, Floor Plan - Open, Elevator
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Has Laundry, Washer In Unit, Dryer In Unit
  • Total Sq Ft: 515
  • Living Area Sq Ft: 515
  • Price Per Sq Ft: 444.47
  • Above Grade Finished Sq Ft: 515
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 355

Beds/Baths

  • 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

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • 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: 321.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Concierge, Elevator, Exercise Room, Party Room, Swimming Pool
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Pool(s), Management, Snow Removal, Reserve Funds, Sewer, Water, Trash
  • 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: Urban Land Not Rated
  • In City Limits: Yes

Rental Info

  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 689.00
  • Assessor Parcel Number: 0540//2507
  • Tax Year: 2023
  • Close Date: 01/24/2025

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2024
Closed on
Jan 24, 2025
Sold by
Turner Henderson Bertha and Horrell Patrick C
Bought by
V & P Holdings Llc
Seller's Agent
Tiffany Dodson
Samson Properties
Buyer's Agent
Tiffany Dodson
Samson Properties
List Price
$235,000
Sold Price
$180,000
Premium/Discount to List
-$55,000
-23.4%
Views
33
Current Estimated Value
$248,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,074
Avg. Annual Appreciation
88.37%
Original Mortgage
$138,712
Outstanding Balance
$138,471
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$113,312
Source: Public Records

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Range of Values:

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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 $180,000 Dupont Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $138,712 New Conventional
Previous Owner $2,000,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2025 01/24/25 Sold $180,000 -21.4% $350 / Sq Ft
11/26/2024 11/26/24 Pending -- -- --
11/02/2024 11/02/24 Price Changed $228,900 0.0% $444 / Sq Ft
10/11/2024 10/11/24 Price Changed $229,000 -2.6% $445 / Sq Ft
09/26/2024 09/26/24 For Sale $235,000 -- $456 / 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 $674 $276,010 $82,800 $193,210
2023 $689 $275,580 $82,670 $192,910
2022 $736 $279,340 $83,800 $195,540
2021 $725 $273,600 $82,080 $191,520
2020 $809 $266,040 $79,810 $186,230
2019 $780 $258,430 $77,530 $180,900
2018 $759 $252,050 $0 $0
2017 $712 $245,570 $0 $0
2016 $650 $227,100 $0 $0
2015 $592 $216,590 $0 $0
2014 $544 $198,090 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC2161494

Bright MLS

APN: 0540-2507