NOT LISTED FOR SALE

355 I St SW Unit S512 Washington, DC 20024

Southwest DC Neighborhood

Estimated Value: $369,980 - $398,000

1 Bed
1 Bath
658 Sq Ft
$418/mo HOA Fee

Last Sold June 02, 2023

Last sale price $391,000 $594 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,731/month

5 Days on Market

Highlights

  • Concierge
  • Traditional Architecture
  • Party Room
  • Fitness Center
  • Community Pool
  • 3-minute walk to 3rd & I Street Park

About This Home

As of June 2023

This 1BR/1B condo in the heart of the SW Waterfront features a spacious open floor plan, wood floors throughout, ample closet space, expansive windows, and a private balcony. The open kitchen has been upgraded with stainless steel appliances, granite counters, and ample cabinets. The large bathroom includes an in-unit full-size washer/dryer.
Ideally located three blocks from the Wharf, four blocks to the National Mall, and eight blocks to Nats Park, the best of DC living is at your doorstep. Walking distance of THREE metro stations. Potomac Place condominiums offers residents 24 hr concierge, an outdoor pool with sundeck, two fitness centers, and club room.

Last Agent to Sell the Property

Andrew Turczyn

(202) 725-6357 aturczyn@slatepropertiesdc.com Compass Listed on: 05/04/2023

Compass

Last Buyer's Agent

Omar Vidal

(301) 213-4070 omar@omarvidalrealestate.com Serhant

Serhant

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,642

Year Built

  • Built in 2005

Lot Details

  • 348

HOA Fees

  • $418 Monthly HOA Fees

Home Design

  • 658 Sq Ft Home
  • Traditional Architecture
  • Entry on the 5th floor
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Accessible Home Design

  • Accessible Elevator Installed

Utilities

  • Central Air
  • Hot Water Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 2590
  • Assessor Parcel Number 0540//2590

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, management, pest control, reserve funds, snow removal, sewer, trash, water
  • Mid-Rise Condominium
  • Potomac Place Condominiums
  • Southwest Waterfront Subdivision
  • Property has 6 Levels

Amenities

  • Concierge
  • Common Area
  • Party Room

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,642

Year Built

Built in 2005

Lot Details

0

HOA Fees

$418 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Traditional
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 2005
  • Automatically Close On Close Date: No
  • Remarks Public: This 1BR/1B condo in the heart of the SW Waterfront features a spacious open floor plan, wood floors throughout, ample closet space, expansive windows, and a private balcony. The open kitchen has been upgraded with stainless steel appliances, granite counters, and ample cabinets. The large bathroom includes an in-unit full-size washer/dryer. Ideally located three blocks from the Wharf, four blocks to the National Mall, and eight blocks to Nats Park, the best of DC living is at your doorstep. Walking distance of THREE metro stations. Potomac Place condominiums offers residents 24 hr concierge, an outdoor pool with sundeck, two fitness centers, and club room.
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Entry Floor: 5
  • Levels Count: 6
  • Basement: No
  • Total Sq Ft: 658
  • Living Area Sq Ft: 658
  • Price Per Sq Ft: 606.38
  • Above Grade Finished Sq Ft: 658
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 355

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

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • 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: 418.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Potomac Place Condominiums
  • HOA Condo Co-Op Amenities: Common Grounds, Concierge, Elevator, Exercise Room, Fitness Center, Party Room, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Management, Pest Control, Reserve Funds, Snow Removal, Sewer, Trash, Water
  • HOA: No
  • Senior Community: No

Schools

  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • School District Key: 121140357950
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 283390.00
  • Land Assessed Value: 121450.00
  • Soil Types: Urban Land-Sassafras-Chillum
  • Year Assessed: 2022
  • Zoning: R1
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Assessor Parcel Number: 16146828
  • Tax Annual Amount: 2642.00
  • Assessor Parcel Number: 0540//2590
  • Tax Lot: 2590
  • Tax Total Finished Sq Ft: 658
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 06/02/2023

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2023
Closed on
Jun 2, 2023
Sold by
Blake Lisa Corinne
Bought by
Larkin Kimberly
Seller's Agent
Andrew Turczyn
Compass
Buyer's Agent
Omar Vidal
Serhant
List Price
$399,000
Sold Price
$391,000
Premium/Discount to List
-$8,000
-2.01%
Views
16
Current Estimated Value
$384,495

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,505
Avg. Annual Appreciation
-0.70%
Original Mortgage
$351,900
Outstanding Balance
$339,843
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$44,652

Purchase Details

Closed on
Aug 29, 2008
Sold by
Bank Of New York
Bought by
Blake Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,245
Interest Rate
6.54%
Mortgage Type
FHA

Purchase Details

Closed on
May 22, 2008
Sold by
Bierman Howard
Bought by
Bank Of New York

Purchase Details

Closed on
Feb 9, 2006
Sold by
Miller Blaise A
Bought by
Jackson Sean J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 22, 2005
Sold by
Potomac Place Ii Llc
Bought by
Miller Blaise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,400
Interest Rate
5.93%
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
Larkin Kimberly $391,000 Title Forward
Blake Lisa $266,000 --
Bank Of New York $235,875 --
Jackson Sean J $340,000 --
Miller Blaise $303,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Larkin Kimberly $351,900
Previous Owner Blake Lisa $261,245
Previous Owner Jackson Sean J $272,000
Previous Owner Miller Blaise $242,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/02/2023 06/02/23 Sold $391,000 -2.0% $594 / Sq Ft
05/04/2023 05/04/23 For Sale $399,000 -- $606 / 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 $3,360 $410,410 $123,120 $287,290
2023 $2,602 $404,840 $121,450 $283,390
2022 $2,642 $403,230 $120,970 $282,260
2021 $2,575 $392,550 $117,760 $274,790
2020 $2,572 $378,270 $113,480 $264,790
2019 $2,507 $369,800 $110,940 $258,860
2018 $2,442 $360,690 $0 $0
2017 $2,326 $348,020 $0 $0
2016 $2,121 $321,180 $0 $0
2015 $1,954 $306,610 $0 $0
2014 $1,786 $280,340 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Andrew Turczyn

    Seller's Agent in 2023

    Andrew Turczyn

    Compass

    (202) 725-6357

    9 in this area

    45 Total Sales

    Andrew Turczyn
    Section Image
  • Omar Vidal

    Buyer's Agent in 2023

    Omar Vidal

    Serhant

    (301) 213-4070

    3 in this area

    72 Total Sales

    Omar Vidal
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DCDC2094830

Bright MLS

APN: 0540-2590

District of Columbia District of Columbia County Washington 20024 Southwest DC

355 I St SW Unit S512, Washington, DC

This home is located at 355 I St SW Unit S512, Washington, DC 20024 since 04 May 2023 and is currently estimated at $384,495, approximately $584 per square foot. This property was built in 2005. 355 I St SW Unit S512 is a home located in District of Columbia with nearby schools including Amidon-Bowen Elementary School, Jefferson Middle School Academy, and Eastern High School.

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