NOT LISTED FOR SALE

408 Cedar St NW Unit B Washington, DC 20012

Takoma Neighborhood

Estimated Value: $251,889 - $305,000

1 Bed
1 Bath
492 Sq Ft
$479/mo HOA Fee

Last Sold March 05, 2021

Last sale price $254,000 $516 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,088/month

3 Days on Market

Highlights

  • Open Floorplan
  • 5-minute walk to Takoma
  • Forced Air Heating and Cooling System
  • Traditional Architecture
  • Ceramic Tile Flooring
  • Combination Dining and Living Room

About This Home

As of March 2021

Location, Location, Location! This centrally located condominium is in the Takoma, Brightwood neighborhood in Washington , DC and has an 85 Walk Score! This unit is in the much sought after and rarely available Watkins Condos. The secured gated entry opens to a lovely courtyard with mature trees and plantings. The floor plan incorporates 1 bedroom, 1 bathroom, an updated kitchen with quality appliances, a cleverly concealed laundry closet with a stackable washer/dryer, and a cozy living/dining area with a wood burning fireplace. This charming condominium is just a 1 block walking distance to the Takoma Park Metro Station, shops, restaurants, and eateries.

Last Agent to Sell the Property

Leiyana Stevenson

(301) 437-3448 leiyana.stevenson@compass.com Compass Listed on: 01/27/2021

Compass

Last Buyer's Agent

Jaime Willis

(202) 494-1325 jaime@compass.com Compass License #SP98375007

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,727

Year Built

  • Built in 1984

Lot Details

  • 1,133

HOA Fees

  • $479 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Brick Exterior Construction

Interior Spaces

  • 492 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Wood Burning Fireplace
  • Combination Dining and Living Room
  • Ceramic Tile Flooring

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Parking

  • On-Site Parking for Rent
  • Off-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Water Heater
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 3276//2008

Community Details

Overview

  • Association fees include water
  • Low-Rise Condominium
  • Watkins Condos
  • Brightwood Community
  • Brightwood Subdivision
  • Property Manager

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,727

Year Built

Built in 1984

Lot Details

0

HOA Fees

$479 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional
  • Ownership: Condominium
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Year Built: 1984
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Washer/Dryer Stacked, Refrigerator, Exhaust Fan
  • Entry Floor: 1
  • Flooring Type: Ceramic Tile
  • Interior Amenities: Combination Dining/Living, Floor Plan - Open
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 492
  • Living Area Sq Ft: 492
  • Price Per Sq Ft: 506.10
  • Above Grade Finished Sq Ft: 492
  • Above Grade Finished Area Units: Square Feet

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
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: On-Site - Rent
  • Type Of Parking: Off Street

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: Main Entrance Lock
  • Sewer/Septic System: Private Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 478.54
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Watkins Condos
  • HOA Condo Co-Op Fee Includes: Water
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Soil Types: Urban Land-Sassafras-Chillum
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 16058658
  • Tax Annual Amount: 1727.06
  • Assessor Parcel Number: 3276//2008
  • Tax Year: 2020

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2021
Closed on
Mar 4, 2021
Sold by
Foster Jean E
Bought by
Mozer Nicholas B
Seller's Agent
Leiyana Stevenson
Compass
Buyer's Agent
Jaime Willis
Compass
List Price
$249,000
Sold Price
$254,000
Premium/Discount to List
$5,000
2.01%
Current Estimated Value
$274,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,851
Avg. Annual Appreciation
1.64%
Original Mortgage
$243,616
Outstanding Balance
$217,888
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$56,584

Purchase Details

Closed on
Dec 18, 1997
Sold by
Dc Housing Fin Agency By Te
Bought by
Foster Jean E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mozer Nicholas B $254,000 Kvs Title Llc
Foster Jean E $32,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mozer Nicholas B $243,616
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/05/2021 03/05/21 Sold $254,000 +2.0% $516 / Sq Ft
02/13/2021 02/13/21 Pending -- -- --
02/09/2021 02/09/21 For Sale $249,000 -2.0% $506 / Sq Ft
01/27/2021 01/27/21 Off Market $254,000 -- --
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
2025 $2,012 $252,410 $75,720 $176,690
2024 $1,266 $251,160 $75,350 $175,810
2023 $1,223 $251,720 $75,520 $176,200
2022 $1,153 $228,120 $68,440 $159,680
2021 $1,170 $227,250 $68,170 $159,080
2020 $1,839 $216,360 $64,910 $151,450
2019 $1,791 $210,750 $63,220 $147,530
2018 $1,612 $189,660 $0 $0
2017 $1,544 $181,630 $0 $0
2016 $1,472 $173,130 $0 $0
2015 $1,419 $166,920 $0 $0
2014 $1,461 $171,840 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Leiyana Stevenson

    Seller's Agent in 2021

    Leiyana Stevenson

    Compass

    (301) 437-3448

    1 in this area

    89 Total Sales

    Leiyana Stevenson
    Section Image
  • Jaime Willis

    Buyer's Agent in 2021

    Jaime Willis

    Compass

    (202) 494-1325

    11 in this area

    176 Total Sales

    Jaime Willis
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DCDC505570

Bright MLS

APN: 3276-2008

District of Columbia District of Columbia County Washington 20012 Takoma

408 Cedar St NW Unit B, Washington, DC

Not Listed for Sale

Condos

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