Seller's Agent in 2023
Trent Heminger
Compass
(202) 210-6448
4 in this area
739 Total Sales
355 I St SW Unit S623 Washington, DC 20024
Southwest DC NeighborhoodEstimated Value: $282,642 - $387,000
--
Bed
1
Bath
536
Sq Ft
$307/mo
HOA Fee
Highlights
- Concierge
- City View
- Traditional Architecture
- Fitness Center
- Open Floorplan
- 3-minute walk to 3rd & I Street Park
About This Home
As of December 2023This is it! The perfect investment! Built in 2005, Potomac Place is the gem of Southwest DC. Unit S623 is a large, bright open concept studio, including a large bathroom and an in-unit washer/dryer. The wall-to-wall windows allow an abundance of natural light all day long. The condo has ample closet space and the open kitchen has ample cabinets and a large breakfast bar to entertain friends while you are cooking. The large bathroom includes an in-unit full-size washer/dryer. Even with the low condo fees, this modern building offers EVERYTHING you need - there are so many amenities! Including: 24 hour concierge and package delivery, an outdoor pool with sundeck, common areas, two Fitness Centers, Business Center, Community Room, convenience key/lockout service, and security. And just a stone’s throw to everything you want. The new SW Public Library is across the street, the Orange & Green METRO lines are just blocks away, The Wharf and all of the Southwest Waterfront haunts are nearby. You’re just 4 blocks from the National Mall, and 8 blocks from Nats Park or Audi Field. The best of DC living is at your doorstep.
Last Agent to Sell the Property
(202) 210-6448 trent@trentandco.com Compass License #SP102135 Listed on: 11/02/2023
Last Buyer's Agent
(202) 550-0917 neilglick@gmail.com Coldwell Banker Realty - Washington License #678768
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,636
Year Built
- Built in 2005
Lot Details
- 261
HOA Fees
- $307 Monthly HOA Fees
Parking
- On-Street Parking
Home Design
- Traditional Architecture
- Entry on the 1st floor
- Brick Exterior Construction
Interior Spaces
- 1 Full Bathroom
- 536 Sq Ft Home
- Property has 1 Level
- Open Floorplan
- City Views
Kitchen
- Gas Oven or Range
- Built-In Microwave
- Dishwasher
- Kitchen Island
- Disposal
Laundry
- Laundry in unit
- Dryer
- Washer
Home Security
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Water Heater
Additional Features
- Outdoor Storage
- Extensive Hardscape
Listing and Financial Details
- Assessor Parcel Number 0540//2627
Community Details
Overview
- $525 Elevator Use Fee
- Association fees include common area maintenance, exterior building maintenance, management, pool(s), reserve funds, snow removal, sewer, trash, water
- Mid-Rise Condominium
- Potomac Place Condominums Condos
- Southwest Waterfront Subdivision
- Property Manager
Amenities
- Concierge
- Party Room
- Elevator
Recreation
- Fitness Center
- Community Pool
Pet Policy
- Pets Allowed
- Pet Size Limit
Security
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 2, 2023
Closed on
Dec 20, 2023
Sold by
Omara Katyanne
Bought by
Miller Luke Joseph
Seller's Agent
Trent Heminger
Compass
Buyer's Agent
Neil G
Coldwell Banker Realty - Washington
List Price
$299,900
Sold Price
$285,000
Premium/Discount to List
-$14,900
-4.97%
Views
70
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,661
Avg. Annual Appreciation
7.88%
Original Mortgage
$270,750
Outstanding Balance
$262,464
Interest Rate
4.13%
Mortgage Type
Construction
Estimated Equity
$65,197
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Miller Luke Joseph | $285,000 | Allied Title & Escrow |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Miller Luke Joseph | $270,750 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/22/2023 12/22/23 | Sold | $285,000 | -5.0% | $532 / Sq Ft |
| 11/02/2023 11/02/23 | For Sale | $299,900 | -- | $560 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $1,903 | $326,080 | $97,820 | $228,260 |
| 2023 | $2,615 | $322,380 | $96,710 | $225,670 |
| 2022 | $2,636 | $323,850 | $97,150 | $226,700 |
| 2021 | $2,585 | $317,440 | $95,230 | $222,210 |
| 2020 | $2,624 | $308,750 | $92,620 | $216,130 |
| 2019 | $1,911 | $299,700 | $89,910 | $209,790 |
| 2018 | $1,861 | $292,310 | $0 | $0 |
| 2017 | $1,754 | $281,810 | $0 | $0 |
| 2016 | $1,601 | $260,530 | $0 | $0 |
| 2015 | $1,457 | $248,510 | $0 | $0 |
| 2014 | -- | $227,270 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Trent Heminger
-
D'Ann Lanning
Seller Co-Listing Agent in 2023
D'Ann Lanning
Compass
(951) 315-6534
2 in this area
363 Total Sales
-
Neil G
N
Buyer's Agent in 2023
Neil G
Coldwell Banker (NRT-Southeast-MidAtlantic)
(202) 550-0917
1 in this area
19 Total Sales
Map
Source: Bright MLS
MLS Number: DCDC2117902
APN: 0540-2627
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