NOT LISTED FOR SALE

Estimated Value: $430,000 - $483,000

2 Beds
1 Bath
902 Sq Ft
$558/ mo HOA Fee

Last Sold April 29, 2022

Last sale price $495,000 $549 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $3,260/month

8 Days on Market

Highlights

  • Concierge
  • Open Floorplan
  • Upgraded Countertops
  • Fitness Center
  • Wood Flooring
  • 2-minute walk to 3rd & I Street Park

About This Home

As of April 2022

Welcome to this nicely updated 1 bedroom plus den at the much sought-after, Potomac Place Condo! As one of our newer buildings in the SW Waterfront community, it offers lower monthly fees, separate utilities, washer/dryer in the units, and this unit also includes storage and parking! Enjoy cooking in the well-appointed kitchen featuring white cabinets, granite countertop, stainless steel appliances, and a breakfast bar that opens to the living area. The bath has been nicely updated, there are beautiful hardwood floors throughout, spread out in the spacious bedroom, and enjoy your bonus den that can double as a bedroom or be used as a home office. Potomac Place condo shares amenities with Potomac Place Tower and includes a 24-hour front desk, a state-of-the-art gym, a spacious and well-appointed party room, a business canter, and a swimming pool! Across the street is our brand-new public library, just one block to shopping and the Metro and 3 blocks to the District Wharf, its marina, restaurants, and entertainment! It doesn't get better than this!

Last Agent to Sell the Property

Evelyn Lugo

(202) 448-9002 evelyn@LugoParkerTeam.com Compass Listed on: 03/17/2022

Compass

Last Buyer's Agent

Valerie Bluestein

(240) 497-1700 valeriebluesteinlnf@gmail.com Long & Foster Real Estate, Inc. License #Sp200200577

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,318

Year Built

  • Built in 2005

Lot Details

  • 436

HOA Fees

  • $558 Monthly HOA Fees

Home Design

  • Entry on the 3rd floor
  • Brick Exterior Construction

Interior Spaces

  • 902 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Window Treatments
  • Combination Dining and Living Room
  • Den
  • Wood Flooring
  • Intercom

Kitchen

  • Gas Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Parking Lot

Accessible Home Design

  • Accessible Elevator Installed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 2536
  • Assessor Parcel Number 0540//2536

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, health club, lawn maintenance, management, parking fee, pool(s), reserve funds, snow removal, trash, water
  • Mid-Rise Condominium
  • Potomac Place Condominiums, Phone Number (202) 479-6800
  • Sw Waterfront Subdivision

Amenities

  • Concierge
  • Common Area
  • Meeting Room
  • Party Room

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,318

Year Built

Built in 2005

Lot Details

436 Sq Ft Lot

HOA Fees

$558 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Unit/Flat
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2022-03-17
  • Federal Flood Zone: No
  • Year Built: 2005
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer
  • Entry Floor: 3
  • Interior Amenities: Combination Dining/Living, Floor Plan - Open, Kitchen - Island, Upgraded Countertops, Window Treatments, Wood Floors
  • Levels Count: 1
  • Room List: Den
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 902
  • Living Area Sq Ft: 902
  • Price Per Sq Ft: 548.78
  • Above Grade Finished Sq Ft: 902
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • 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
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Lot
  • Parking Lot 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: Intercom, Main Entrance Lock
  • Sewer/Septic System: Public Sewer
  • Utilities: Under Ground
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 558.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Potomac Place Condominiums
  • Condo Co-Op Phone: 2024796800
  • HOA Condo Co-Op Amenities: Common Grounds, Concierge, Elevator, Fitness Center, Meeting Room, Party Room, Pool - Outdoor, Security
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Health Club, Lawn Maintenance, Management, Parking Fee, Pool(s), Reserve Funds, Snow Removal, Trash, Water
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 343180.00
  • Land Assessed Value: 147080.00
  • Soil Types: Urban Land Not Rated
  • Zoning: R1
  • In City Limits: Yes

Rental Info

  • Pets: Size/Weight Restriction
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 16146874
  • Tax Annual Amount: 3318.00
  • Assessor Parcel Number: 0540//2536
  • Tax Lot: 2536
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2022
Closed on
Apr 25, 2022
Sold by
Miriam Hayes
Bought by
Fones Harry
Seller's Agent
Evelyn Lugo
Compass
Buyer's Agent
Valerie Bluestein
Long & Foster Real Estate, Inc.
List Price
$495,000
Sold Price
$495,000
Current Estimated Value
$462,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$32,044
Avg. Annual Appreciation
-2.40%
Original Mortgage
$295,000
Outstanding Balance
$275,282
Interest Rate
4.42%
Mortgage Type
Balloon
Estimated Equity
$174,976

Purchase Details

Listed on
Aug 1, 2018
Closed on
Aug 31, 2018
Sold by
Beshir Emmalea D
Bought by
Hayes Miriam
Seller's Agent
Evelyn Lugo
Compass
Buyer's Agent
Evelyn Lugo
Compass
List Price
$455,000
Sold Price
$455,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.33%
Original Mortgage
$409,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 14, 2014
Sold by
Beshir Lea D
Bought by
Beshir Emmalea D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$555,000
Interest Rate
12.65%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Jun 14, 2005
Sold by
Potomac Place Ii Llc
Bought by
Beshir Lea D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
5.82%
Mortgage Type
New Conventional
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
Fones Harry $495,000 First American Title
Hayes Miriam $455,000 None Available
Beshir Emmalea D -- --
Beshir Lea D $374,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fones Harry $295,000
Previous Owner Hayes Miriam $409,500
Previous Owner Beshir Emmalea D $555,000
Previous Owner Beshir Lea D $144,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/29/2022 04/29/22 Sold $495,000 0.0% $549 / Sq Ft
03/26/2022 03/26/22 Pending -- -- --
03/17/2022 03/17/22 For Sale $495,000 +8.8% $549 / Sq Ft
08/31/2018 08/31/18 Sold $455,000 0.0% $493 / Sq Ft View Prior Sale
08/01/2018 08/01/18 Pending -- -- --
08/01/2018 08/01/18 For Sale $455,000 -- $493 / 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 $3,201 $482,110 $144,630 $337,480
2024 $3,291 $489,380 $146,810 $342,570
2023 $3,290 $485,770 $145,730 $340,040
2022 $3,381 $490,260 $147,080 $343,180
2021 $3,319 $480,080 $144,020 $336,060
2020 $3,327 $467,160 $140,150 $327,010
2019 $3,223 $454,060 $136,220 $317,840
2018 $1,571 $442,910 $0 $0
2017 $1,518 $429,670 $0 $0
2016 $1,385 $397,470 $0 $0
2015 $1,292 $380,510 $0 $0
2014 -- $347,780 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC2039620

Bright MLS

APN: 0540-2536

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