NOT LISTED FOR SALE

Estimated Value: $580,000 - $601,000

2 Beds
2 Baths
1,069 Sq Ft
$725/mo HOA Fee

Last Sold January 03, 2024

Last sale price $615,000 $575 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $4,226/month

32 Days on Market

Highlights

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

About This Home

As of January 2024

Welcome to this exceptional 2-bedroom, 2-bathroom corner unit in the heart of the coveted Southwest Waterfront neighborhood. This stunning condo offers an open and airy concept, inviting you to relish in the spaciousness and light that floods every corner of this residence. Gleaming wood floors and recessed lighting enhance the contemporary aesthetic while creating a warm and inviting atmosphere. The sun-filled living area seamlessly transitions into the stylish kitchen, featuring sleek, modern appliances and ample countertop space and cupboards for all your kitchen needs. Whether you're hosting a dinner party or simply enjoying a quiet morning coffee, this open layout is perfect for any occasion. Step out onto your private balcony to soak in the sweeping views of the city, making for the ideal spot to unwind at the end of a long day. With the convenience of an in-unit washer and dryer and included garage parking, you'll find every modern comfort at your fingertips. But the appeal of this residence extends beyond its walls. Its location is truly unbeatable. Just two blocks away, you'll find not one, but two Metro stations, making your daily commute a breeze. A mere three blocks from your front door is the vibrant District Wharf, the epicenter of entertainment, dining, and culture in the city. Here, you can enjoy a myriad of restaurants, bars, boutiques, and lively events. This prime location offers easy access to major highways and is conveniently situated near the National Airport, ensuring that all your travel needs are met. Welcome home!

Last Agent to Sell the Property

Evelyn Lugo

(202) 236-8629 evelyn@LugoParkerTeam.com Compass Listed on: 10/26/2023

Compass

Last Buyer's Agent

Becca Love

(202) 656-9158 rebecca.love@redfin.com Redfin Corp

Redfin Corp

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,133

Year Built

  • Built in 2005

Lot Details

  • 523

HOA Fees

  • $725 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • 1 Assigned Parking Space

Property Views

  • City
  • Woods

Home Design

  • Contemporary Architecture
  • Entry on the 4th floor
  • Brick Exterior Construction

Interior Spaces

  • 1,069 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Recessed Lighting
  • Window Treatments
  • Combination Dining and Living Room
  • Wood Flooring
  • Intercom

Kitchen

  • Gas Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Accessible Home Design

  • Accessible Elevator Installed
  • Level Entry For Accessibility

Outdoor Features

  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Tax Lot 2554
  • Assessor Parcel Number 0540//2554

Community Details

Overview

  • $75 Elevator Use Fee
  • Association fees include common area maintenance, exterior building maintenance, lawn maintenance, management, parking fee, pool(s), reserve funds, sewer, snow removal, trash, water
  • Mid-Rise Condominium
  • Potomac Place Condominium Condos
  • Sw Waterfront Subdivision
  • Property Manager

Amenities

  • Common Area
  • Party Room
  • Recreation Room

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,133

Year Built

Built in 2005

Lot Details

0

HOA Fees

$725 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
  • Accessibility Features: Level Entry - Main, Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-10-26
  • 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
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Icemaker, Microwave, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer
  • Entry Floor: 4
  • Interior Amenities: Combination Dining/Living, Dining Area, Floor Plan - Open, Kitchen - Island, Primary Bath(s), Recessed Lighting, Walk-In Closet(s), Window Treatments, Wood Floors
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1069
  • Living Area Sq Ft: 1069
  • Price Per Sq Ft: 575.30
  • Above Grade Finished Sq Ft: 1069
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 355

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Exterior Lighting, Sidewalks, Street Lights
  • View: City, Trees/Woods
  • 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 Features: Covered Parking
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

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: 725.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Potomac Place Condominium
  • Elevator Use Fee: 75.00
  • HOA Condo Co-Op Amenities: Common Grounds, Fitness Center, Party Room, Recreational Center, Reserved/Assigned Parking, Swimming Pool
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Management, Parking Fee, Pool(s), Reserve Funds, Sewer, Snow Removal, Trash, Water
  • 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
  • Year Assessed: 2022
  • Zoning: RA-3
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Tax Annual Amount: 5133.00
  • Assessor Parcel Number: 0540//2554
  • Tax Lot: 2554
  • Tax Total Finished Sq Ft: 1069
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 01/03/2024

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2023
Closed on
Jan 3, 2024
Sold by
Hayes Miriam Annette
Bought by
Aggarwal Neha
Seller's Agent
Evelyn Lugo
Compass
Buyer's Agent
Becca Love
Redfin Corp
List Price
$615,000
Sold Price
$615,000
Views
439
Current Estimated Value
$590,104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$24,896
Avg. Annual Appreciation
-2.31%
Original Mortgage
$92,250
Outstanding Balance
$90,660
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$499,444

Purchase Details

Closed on
Sep 1, 2021
Sold by
Hilson James W
Bought by
Hayes Miriam Annette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$541,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2005
Sold by
Potomac Place Ii L L C
Bought by
Hilson James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Interest Rate
5.67%
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
Aggarwal Neha $615,000 Title Forward
Hayes Miriam Annette $570,000 First American Title
Hilson James $483,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aggarwal Neha $92,250
Previous Owner Hayes Miriam Annette $541,500
Previous Owner Hilson James $372,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/03/2024 01/03/24 Sold $615,000 0.0% $575 / Sq Ft
11/28/2023 11/28/23 Pending -- -- --
10/26/2023 10/26/23 For Sale $615,000 -- $575 / 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 $4,468 $627,880 $188,360 $439,520
2023 $5,115 $616,410 $184,920 $431,490
2022 $5,133 $617,590 $185,280 $432,310
2021 $5,044 $606,740 $182,020 $424,720
2020 $5,016 $590,140 $177,040 $413,100
2019 $4,862 $571,950 $171,580 $400,370
2018 $4,742 $557,920 $0 $0
2017 $4,600 $541,140 $0 $0
2016 $4,245 $499,370 $0 $0
2015 $4,065 $478,220 $0 $0
2014 -- $445,590 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC2116632

Bright MLS

APN: 0540-2554