$414,900
SOLD JUN 27, 2022
1 Bed
1 Bath
661 Sq Ft
$440/mo HOA Fee

Recently Sold

$628 Per Sq Ft

2% Below List Price

14 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 2022

Gorgeous top floor 1 BR/1 BA condo located right in the heart of SW! This spacious sun-filled condo has everything you could want: hardwood floors, oversized windows, a large bathroom, tons of closet space, in-unit washer & dryer and parking!! The kitchen features granite countertops, a gas range and ample cabinet space. The open floor plan allows for plenty of space to have a dining room and living room and features built-in shelving perfect for books, decor, storage, and much more. There is also a west-facing private balcony with plenty of room to dine al fresco.

Potomac Place Condominiums is an amazing building with plenty of amenities including assigned parking, a community room with a wet bar, 2 fitness centers with cardio and weights, yoga/exercise studio, a spacious outdoor pool with a sundeck and 24 hour concierge.

This home is located moments from all the Southwest Waterfront is known for including fabulous dining, shopping, multiple music venues, the Wharf and wonderful development still to come! Located blocks from Audi Field, Nationals Park, Buzzard Point, Navy Yard Metro, Waterfront Metro and several Metrobus stops. Everything you need to complete errands easily is within blocks! Commuters have easy access to Maryland and Virginia. AMAZING LOCATION!

Last Agent to Sell the Property

Andy Peers

Compass Listed on: 05/12/2022

Compass

Co-Listed By

Steven Lew

Compass License #0225240135

Last Buyer's Agent

Andy Peers

Compass Listed on: 05/12/2022

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,565

Year Built

  • Built in 2005

HOA Fees

  • $440 Monthly HOA Fees

Parking

  • Assigned Parking Garage Space
  • Off-Street Parking

Home Design

  • Traditional Architecture

Interior Spaces

  • 661 Sq Ft Home
  • Property has 1 Level
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Accessible Home Design

  • Accessible Elevator Installed

Utilities

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

Listing and Financial Details

  • Tax Lot 2620
  • Assessor Parcel Number 0540//2620

Community Details

Overview

  • Association fees include sewer, water
  • Mid-Rise Condominium
  • Potomac Place Condominiums
  • Sw Waterfront Subdivision

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

$3,565

Year Built

Built in 2005

Lot Details

0

HOA Fees

$440 per month

Parking

1

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: Gorgeous top floor 1 BR/1 BA condo located right in the heart of SW! This spacious sun-filled condo has everything you could want: hardwood floors, oversized windows, a large bathroom, tons of closet space, in-unit washer & dryer and parking!! The kitchen features granite countertops, a gas range and ample cabinet space. The open floor plan allows for plenty of space to have a dining room and living room and features built-in shelving perfect for books, decor, storage, and much more. There is also a west-facing private balcony with plenty of room to dine al fresco. Potomac Place Condominiums is an amazing building with plenty of amenities including assigned parking, a community room with a wet bar, 2 fitness centers with cardio and weights, yoga/exercise studio, a spacious outdoor pool with a sundeck and 24 hour concierge. This home is located moments from all the Southwest Waterfront is known for including fabulous dining, shopping, multiple music venues, the Wharf and wonderful development still to come! Located blocks from Audi Field, Nationals Park, Buzzard Point, Navy Yard Metro, Waterfront Metro and several Metrobus stops. Everything you need to complete errands easily is within blocks! Commuters have easy access to Maryland and Virginia. AMAZING LOCATION!
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 6
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 661
  • Living Area Sq Ft: 661
  • Price Per Sq Ft: 627.69
  • Above Grade Finished Sq Ft: 661
  • 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: Combination
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Covered Parking
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street, Parking Garage
  • Parking Garage 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
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 440.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Potomac Place Condominiums
  • HOA Condo Co-Op Amenities: Common Grounds, Concierge, Elevator, Fitness Center, Party Room, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Sewer, 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: 311190.00
  • Land Assessed Value: 133360.00
  • Soil Types: Urban Land-Sassafras-Chillum
  • Year Assessed: 2021
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Assessor Parcel Number: 16146811
  • Tax Annual Amount: 3565.00
  • Assessor Parcel Number: 0540//2620
  • Tax Lot: 2620
  • Tax Total Finished Sq Ft: 661
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 06/27/2022

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2022
Closed on
Jun 17, 2022
Sold by
Arom Han Jennifer
Bought by
Bazargan Gloria
Seller's Agent
Andy Peers
Compass
Buyer's Agent
Andy Peers
Compass
List Price
$424,900
Sold Price
$414,900
Premium/Discount to List
-$10,000
-2.35%
Current Estimated Value
$385,050

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$29,850
Avg. Annual Appreciation
-1.97%
Original Mortgage
$331,900
Outstanding Balance
$317,366
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$72,702

Purchase Details

Listed on
Jan 3, 2014
Closed on
Feb 7, 2014
Sold by
Yea Young Bai M
Bought by
Han Jennifer A
Seller's Agent
Andrew Turczyn
Compass
Buyer's Agent
Danielle Harris-Mills
Slate Properties, LLC
List Price
$355,000
Sold Price
$355,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.88%
Original Mortgage
$266,250
Interest Rate
4.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2007
Sold by
Lisseos George
Bought by
Yea Young Bai Micha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,500
Interest Rate
6.7%
Mortgage Type
New Conventional
Source: Public Records

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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 $414,900 None Listed On Document
Warranty Deed $355,000 --
Warranty Deed $330,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $331,900 New Conventional
Previous Owner $259,000 New Conventional
Previous Owner $266,250 New Conventional
Previous Owner $313,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2022 06/27/22 Sold $414,900 0.0% $628 / Sq Ft
05/21/2022 05/21/22 Price Changed $414,900 -2.4% $628 / Sq Ft
05/12/2022 05/12/22 For Sale $424,900 +19.7% $643 / Sq Ft
02/07/2014 02/07/14 Sold $355,000 0.0% $473 / Sq Ft
01/08/2014 01/08/14 Pending -- -- --
01/03/2014 01/03/14 For Sale $355,000 -- $473 / 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 $2,936 $447,670 $134,300 $313,370
2023 $2,918 $442,020 $132,610 $309,410
2022 $3,327 $444,550 $133,360 $311,190
2021 $3,566 $432,810 $129,840 $302,970
2020 $3,576 $420,650 $126,190 $294,460
2019 $3,463 $407,450 $122,230 $285,220
2018 $3,378 $397,420 $0 $0
2017 $3,247 $381,950 $0 $0
2016 $3,013 $354,430 $0 $0
2015 $2,881 $338,970 $0 $0
2014 $2,634 $309,910 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC2049372

Bright MLS

APN: 0540-2620