NOT LISTED FOR SALE

Estimated Value: $485,763 - $542,000

2 Beds
1 Bath
937 Sq Ft
$438/mo HOA Fee

Last Sold March 21, 2014

Last sale price $439,900 $469 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,453/month

Highlights

  • Concierge
  • Open Floorplan
  • Wood Flooring
  • Fitness Center
  • Contemporary Architecture
  • 3-minute walk to 3rd & I Street Park

About This Home

As of March 2014

OPEN SUN 3/2, 2-4pm! Fabulous 2BR/1BA SW Waterfront condo. Beautifully updated. Plantation shutters, hardwood, granite, + custom bedroom wardrobes. Large living/dining rm. Kitchen w/ gas cooking + breakfast bar. Views of the center courtyard and outdoor pool. W/D in unit. Garage parking. Excellent amenities: pool, terrace, huge fitness center, front desk, + more! Steps to nearby services + Metro.

Last Agent to Sell the Property

Matt McHugh

(202) 276-0985 matt.mchugh@compass.com Compass License #SP101931 Listed on: 02/27/2014

Compass

Co-Listed By

Heather Davenport

(202) 821-3311 heather.davenport@compass.com Compass License #0225180623

Last Buyer's Agent

Rob Carter

(202) 250-9470 rob@robcartergroup.com TTR Sotheby's International Realty License #BR698878

TTR Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,917

Year Built

  • Built in 2005

Lot Details

  • Property is in very good condition

HOA Fees

  • $438 Monthly HOA Fees

Parking

  • 1 Subterranean Space
  • Parking Space Number Location: P1-05
  • Parking Space Conveys

Home Design

  • Contemporary Architecture

Interior Spaces

  • 937 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Window Treatments
  • Combination Dining and Living Room
  • Wood Flooring
  • Monitored
  • Stacked Washer and Dryer

Kitchen

  • Breakfast Area or Nook
  • Gas Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • 1 Full Bathroom

Utilities

  • Heat Pump System
  • Natural Gas Water Heater
  • Public Septic

Listing and Financial Details

  • Tax Lot 2550
  • Assessor Parcel Number 0540//2550

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, lawn maintenance, management, insurance, sewer, pool(s), water
  • Mid-Rise Condominium
  • Potomac Place Community
  • Waterfront Subdivision

Amenities

  • Concierge
  • Common Area
  • Meeting Room
  • Party Room
  • Elevator

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Front Desk in Lobby

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,917

Year Built

Built in 2005

Lot Details

0

HOA Fees

$438 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 2005
  • Remarks Public: OPEN SUN 3/2, 2-4pm! Fabulous 2BR/1BA SW Waterfront condo. Beautifully updated. Plantation shutters, hardwood, granite, + custom bedroom wardrobes. Large living/dining rm. Kitchen w/ gas cooking + breakfast bar. Views of the center courtyard and outdoor pool. W/D in unit. Garage parking. Excellent amenities: pool, terrace, huge fitness center, front desk, + more! Steps to nearby services + Metro.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Icemaker, Oven/Range - Gas, Refrigerator, Washer, Washer/Dryer Stacked
  • Interior Amenities: Breakfast Area, Combination Dining/Living, Primary Bath(s), Upgraded Countertops, Window Treatments, Wood Floors, Floor Plan - Open
  • Fireplace: No
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 937
  • Living Area Sq Ft: 937
  • Price Per Sq Ft: 474.81
  • Above Grade Finished Sq Ft: 937
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 355

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
  • Construction Completed: 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: Yes
  • Parking Features: Assigned, Garage, Parking Space Conveys
  • Parking Space Number Assigned: P1-05
  • Garage Features: Underground
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Main Entrance Lock, Desk In Lobby, Monitored
  • Sewer/Septic System: Public Septic, Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 438.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Concierge, Elevator, Exercise Room, Meeting Room, Party Room, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Management, Insurance, Sewer, Pool(s), Water
  • HOA Condo Co-Op Rules: Pets - Allowed
  • HOA: No

Lot Info

  • Improvement Assessed Value: 240240.00
  • Land Assessed Value: 102960.00
  • Property Condition: Very Good
  • Soil Types: Urban Land Not Rated
  • Year Assessed: 2013
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16146851
  • Tax Annual Amount: 2917.20
  • Assessor Parcel Number: 0540//2550
  • Tax Lot: 2550
  • Tax Total Finished Sq Ft: 937
  • Tax Year: 2013
  • Close Date: 03/21/2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2014
Closed on
Mar 21, 2014
Sold by
Pace Douglas D
Bought by
Jackson Catherine A
Seller's Agent
Matt McHugh
Compass
Buyer's Agent
Rob Carter
TTR Sotheby's International Realty
List Price
$444,900
Sold Price
$439,900
Premium/Discount to List
-$5,000
-1.12%
Current Estimated Value
$515,441

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,541
Avg. Annual Appreciation
1.38%
Original Mortgage
$351,920
Outstanding Balance
$267,046
Interest Rate
4.37%
Mortgage Type
New Conventional
Estimated Equity
$248,395

Purchase Details

Closed on
Aug 24, 2005
Sold by
Potomac Place Ii Llc
Bought by
Pace Douglas D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,400
Interest Rate
5.79%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Jackson Catherine A $439,900 --
Pace Douglas D $403,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jackson Catherine A $351,920
Previous Owner Pace Douglas D $322,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/21/2014 03/21/14 Sold $439,900 -1.1% $469 / Sq Ft
03/05/2014 03/05/14 Pending -- -- --
02/27/2014 02/27/14 For Sale $444,900 -- $475 / 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 $3,393 $501,430 $150,430 $351,000
2023 $3,390 $497,530 $149,260 $348,270
2022 $3,484 $502,340 $150,700 $351,640
2021 $3,422 $492,270 $147,680 $344,590
2020 $3,428 $479,050 $143,710 $335,340
2019 $3,319 $465,310 $139,590 $325,720
2018 $3,235 $453,890 $0 $0
2017 $3,127 $440,350 $0 $0
2016 $2,852 $407,170 $0 $0
2015 $2,707 $389,840 $0 $0
2014 -- $366,440 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002857232

Bright MLS

APN: 0540-2550