NOT LISTED FOR SALE

408 Cedar St NW Unit F Washington, DC 20012

Takoma Neighborhood

Estimated Value: $445,000 - $511,000

2 Beds
1.5 Baths
961 Sq Ft
$566/mo HOA Fee

Last Sold February 28, 2023

Last sale price $510,000 $531 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $3,386/month

3 Days on Market

Highlights

  • Gated Community
  • 5-minute walk to Takoma
  • Community Storage Space
  • Traditional Architecture
  • Central Heating and Cooling System
  • Wood Burning Fireplace

About This Home

As of February 2023

In the heart of Takoma DC, this home is in the middle of the action and is the definition of walkable - metro, restaurants, grocery stores, coffee shops, and so many other businesses of convenience.

This condo has 2 levels which is such a rarity and great floor plan for division of space. The main level has wood floors, a dining room, a modern kitchen, a half bathroom, a spacious closet, a living room with a wood burning fireplace, and TWO Balconies! The top floor is the bedroom level with 2 bedrooms both with great natural light, a fully renovated bathroom, a linen closet, and a laundry room.

The seller has invested in this home so it's turnkey for you - the interior was freshly painted, new carpet, bathrooms remodeled, and a newer washer and dryer.

BONUS - a deeded parking space + a separate storage unit. This home lives like a townhome but doesn’t have the sales price of one.

The condo is in the Watkins Condominium complex which is secure with iron gates, security for your delivery packages, and a nicely landscaped courtyard.

Between downtown Takoma Park, MD and The Parks at Walter Reed you have access to 2 farmers markets, the new Whole Foods coming in (late summer/fall 2023 is what is out there), and many other amenities projected which will include a movie theater, ice skating rink, a brewery, and restaurants.

Last Agent to Sell the Property

Katherine Krevor

RLAH @properties Listed on: 01/27/2023

RLAH @properties

Co-Listed By

Pfashema Faber

RLAH @properties

Last Buyer's Agent

Maxwell Rabin

TTR Sotheby's International Realty

TTR Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,706

Year Built

  • Built in 1984 | Remodeled in 2015

Lot Details

  • 1,525

HOA Fees

  • $566 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 961 Sq Ft Home
  • Property has 1.5 Levels
  • Wood Burning Fireplace

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry on upper level
  • Washer and Dryer Hookup

Parking

  • 1 Off-Street Space
  • Parking Space Conveys

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 2012
  • Assessor Parcel Number 3276//2012

Community Details

Overview

  • Association fees include water, lawn maintenance, trash, gas, common area maintenance, snow removal, sewer, management, reserve funds
  • Low-Rise Condominium
  • The Watkins Condominium Condos
  • The Watkins Condominium Community
  • Takoma Subdivision

Amenities

  • Common Area
  • Community Storage Space

Pet Policy

  • Pets allowed on a case-by-case basis

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,706

Year Built

Built in 1984 | Remodeled in 2015

Lot Details

0

HOA Fees

$566 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1984
  • Year Renovated: 2015
  • Automatically Close On Close Date: No
  • Remarks Public: In the heart of Takoma DC, this home is in the middle of the action and is the definition of walkable - metro, restaurants, grocery stores, coffee shops, and so many other businesses of convenience. This condo has 2 levels which is such a rarity and great floor plan for division of space. The main level has wood floors, a dining room, a modern kitchen, a half bathroom, a spacious closet, a living room with a wood burning fireplace, and TWO Balconies! The top floor is the bedroom level with 2 bedrooms both with great natural light, a fully renovated bathroom, a linen closet, and a laundry room. The seller has invested in this home so it's turnkey for you - the interior was freshly painted, new carpet, bathrooms remodeled, and a newer washer and dryer. BONUS - a deeded parking space + a separate storage unit. This home lives like a townhome but doesn’t have the sales price of one. The condo is in the Watkins Condominium complex which is secure with iron gates, security for your delivery packages, and a nicely landscaped courtyard. Between downtown Takoma Park, MD and The Parks at Walter Reed you have access to 2 farmers markets, the new Whole Foods coming in (late summer/fall 2023 is what is out there), and many other amenities projected which will include a movie theater, ice skating rink, a brewery, and restaurants.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 2
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 1.5
  • Basement: No
  • Laundry Type: Upper Floor, Washer In Unit, Dryer In Unit
  • Total Sq Ft: 961
  • Living Area Sq Ft: 961
  • Price Per Sq Ft: 499.38
  • Above Grade Finished Sq Ft: 961
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 408

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Parking Space Conveys
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street
  • Off Street Parking Spaces: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • 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: 566.21
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: The Watkins Condominium
  • HOA Condo Co-Op Amenities: Gated Community, Extra Storage, Common Grounds
  • HOA Condo Co-Op Fee Includes: Water, Lawn Maintenance, Trash, Gas, Common Area Maintenance, Snow Removal, Sewer, Management, Reserve Funds
  • 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: 317740.00
  • Land Assessed Value: 136180.00
  • Soil Types: Unknown
  • Year Assessed: 2022
  • Zoning: R1B
  • In City Limits: No

Rental Info

  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16058672
  • Tax Annual Amount: 2706.00
  • Assessor Parcel Number: 3276//2012
  • Tax Lot: 2012
  • Tax Total Finished Sq Ft: 961
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 02/28/2023

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2023
Closed on
Feb 28, 2023
Sold by
Ifill Nicole L
Bought by
Williamson Jay Travis and Howley Aisling Mairead
Seller's Agent
Katherine Krevor
RLAH @properties
Buyer's Agent
Maxwell Rabin
TTR Sotheby's International Realty
List Price
$479,900
Sold Price
$510,000
Premium/Discount to List
$30,100
6.27%
Views
33
Current Estimated Value
$475,224

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$34,776
Avg. Annual Appreciation
-2.79%
Original Mortgage
$521,730
Outstanding Balance
$505,995
Interest Rate
6.15%
Mortgage Type
VA
Estimated Equity
-$30,771

Purchase Details

Listed on
Jun 18, 2015
Closed on
Aug 13, 2015
Sold by
Alleyne Pers Rep Dolores and The Estate Of Deighton Alleyne
Bought by
Ifill Nicole L
Seller's Agent
Lisa Tucker
HomeSmart
Buyer's Agent
H. Margaret Lewis
Long & Foster Real Estate, Inc.
List Price
$349,000
Sold Price
$345,000
Premium/Discount to List
-$4,000
-1.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.31%
Original Mortgage
$285,000
Interest Rate
4.07%
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
Williamson Jay Travis $510,000 First American Title
Ifill Nicole L $345,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williamson Jay Travis $521,730
Previous Owner Ifill Nicole L $265,045
Previous Owner Ifill Nicole L $285,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2023 02/28/23 Sold $510,000 +6.3% $531 / Sq Ft
01/27/2023 01/27/23 For Sale $479,900 +39.1% $499 / Sq Ft
08/13/2015 08/13/15 Sold $345,000 -1.1% $359 / Sq Ft
06/24/2015 06/24/15 Pending -- -- --
06/18/2015 06/18/15 For Sale $349,000 -- $363 / 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 $3,009 $456,260 $136,880 $319,380
2023 $2,930 $453,920 $136,180 $317,740
2022 $2,706 $410,760 $123,230 $287,530
2021 $2,761 $414,500 $124,350 $290,150
2020 $2,704 $396,460 $118,940 $277,520
2019 $2,465 $385,210 $115,560 $269,650
2018 $2,252 $346,720 $0 $0
2017 $2,054 $332,930 $0 $0
2016 $1,874 $292,170 $0 $0
2015 $2,097 $282,440 $0 $0
2014 $2,520 $296,520 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC2081840

Bright MLS

APN: 3276-2012