NOT LISTED FOR SALE

The Towers 4201 Cathedral Ave NW Unit 321E Washington, DC 20016

Wesley Heights Neighborhood

Estimated Value: $311,000 - $357,363

1 Bed
1 Bath
888 Sq Ft
$930/mo HOA Fee

Last Sold March 31, 2023

Last sale price $367,000 $413 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $2,890/month

3 Days on Market

Highlights

  • Fitness Center
  • Gourmet Kitchen
  • Open Floorplan
  • Mann Elementary School Rated A
  • View of Trees or Woods
  • Midcentury Modern Architecture

About This Home

As of March 2023

In case you thought you missed it....you did not! Sparkling new, stylishly renovated, one bedroom condo at The Towers. Renovated with the quality and sophistication often seen in higher-end units. Marble kitchen counters, luxury engineered, hardwood floors, Carrera marble bathroom, AND the electric panel has been upgraded and replaced so take that off your to-do list. The floor plan is open, yet elegant, the room sizes are generous, and the balcony provides that much-needed outdoor respite. This is a most unusual one bedroom that offers the space and anemities of an established, mid-century building while providing the flair and convenience we desire today. How nice that someone else did all the work and all you have to do is enjoy it. The Towers has an outdoor pool, tennis court, 24-hour desk, convenience store, hair salon and more.

Last Agent to Sell the Property

Jennifer Wellde

(301) 602-1596 jennifer.wellde@wfp.com Washington Fine Properties, LLC License #508402 Listed on: 03/03/2023

Washington Fine Properties, LLC

Last Buyer's Agent

Mike Aubrey

(301) 873-9807 Mike@MikeAubrey.com Berkshire Hathaway HomeServices PenFed Realty License #583580

Berkshire Hathaway HomeServices PenFed Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,673

Year Built

  • Built in 1960

Lot Details

  • 523

HOA Fees

  • $930 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Midcentury Modern Architecture
  • Entry on the 3rd floor
  • Brick Exterior Construction

Interior Spaces

  • 888 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Bar
  • Dining Area
  • Views of Woods

Kitchen

  • Gourmet Kitchen
  • Double Oven
  • Gas Oven or Range
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

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

Additional Features

  • Doors are 32 inches wide or more
  • Property is in excellent condition

Listing and Financial Details

  • Assessor Parcel Number 1601//2438

Community Details

Overview

  • Association fees include air conditioning, all ground fee, common area maintenance, electricity, exterior building maintenance, gas, heat, lawn maintenance, management, pool(s), sewer, snow removal, trash, water
  • High-Rise Condominium
  • The Towers Condominium Condos
  • Wesley Heights Community
  • Wesley Heights Subdivision
  • Property Manager

Amenities

  • Common Area
  • Beauty Salon
  • Laundry Facilities
  • Convenience Store

Recreation

Pet Policy

  • No Pets Allowed

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,673

Year Built

Built in 1960

Lot Details

0

HOA Fees

$930 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Mid-Century Modern
  • Accessibility Features: 32"+ Wide Doors
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1960
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Exhaust Fan, Oven - Double, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Icemaker
  • Entry Floor: 3
  • Interior Amenities: Bar, Dining Area, Floor Plan - Open, Kitchen - Gourmet
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Common
  • Total Sq Ft: 888
  • Living Area Sq Ft: 888
  • Price Per Sq Ft: 426.80
  • Above Grade Finished Sq Ft: 888
  • 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
  • View: Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central, 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: 930.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: The Towers Condominium
  • HOA Condo Co-Op Amenities: Common Grounds, Convenience Store, Tennis Courts, Exercise Room, Pool - Outdoor, Beauty Salon, Laundry Facilities, Security
  • HOA Condo Co-Op Fee Includes: Air Conditioning, All Ground Fee, Common Area Maintenance, Electricity, Ext Bldg Maint, Gas, Heat, Lawn Maintenance, Management, Pool(s), Sewer, Snow Removal, Trash, Water
  • HOA: No
  • Senior Community: No
  • Community Pool Features: In Ground

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Property Condition: Excellent
  • Soil Types: Urban Land Not Rated
  • Zoning: CONDO
  • In City Limits: Yes

Rental Info

  • Pets Allowed: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 2673.16
  • Assessor Parcel Number: 1601//2438
  • Tax Year: 2022

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2023
Closed on
Mar 31, 2023
Sold by
Ave Real Estate & Property Maintenance I
Bought by
Cimino Joseph
Seller's Agent
Jennifer Wellde
Washington Fine Properties, LLC
Buyer's Agent
Mike Aubrey
Berkshire Hathaway HomeServices PenFed Realty
List Price
$379,000
Sold Price
$367,000
Premium/Discount to List
-$12,000
-3.17%
Views
41
Current Estimated Value
$327,133

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$39,867
Avg. Annual Appreciation
-3.89%
Original Mortgage
$293,600
Outstanding Balance
$281,952
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$47,389

Purchase Details

Listed on
Mar 3, 2023
Closed on
Mar 3, 2023
Sold by
Lozansky Edward
Bought by
Ave Real Estate & Property Maintenance Inc
Seller's Agent
Jennifer Wellde
Washington Fine Properties, LLC
Buyer's Agent
Mike Aubrey
Berkshire Hathaway HomeServices PenFed Realty
List Price
$379,000
Sold Price
$367,000
Premium/Discount to List
-$12,000
-3.17%
Views
41

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,600
Outstanding Balance
$281,952
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$47,389

Purchase Details

Closed on
Apr 29, 2019
Sold by
Kurtov Boris and Berks Maria
Bought by
Edward Lozansky and Edward Tatiana Lozansky

Purchase Details

Closed on
Mar 28, 2016
Sold by
Krutov Boris
Bought by
Berks Maria

Purchase Details

Closed on
Sep 24, 2013
Sold by
Krutov Boris and Berks Mariya
Bought by
Krutov Boris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
4.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 2007
Sold by
Vasquez Ian
Bought by
Cieux Theresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 1999
Sold by
Clark Michelle A
Bought by
Allen Margaret R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,950
Interest Rate
7.85%
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
Cimino Joseph $367,000 None Listed On Document
Ave Real Estate & Property Maintenance Inc $235,000 --
Edward Lozansky $268,360 None Available
Berks Maria -- None Available
Krutov Boris -- None Available
Cieux Theresa $275,000 --
Allen Margaret R $121,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cimino Joseph $293,600
Previous Owner Krutov Boris $195,000
Previous Owner Cieux Theresa $220,000
Previous Owner Allen Margaret R $114,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2023 03/31/23 Sold $367,000 -3.2% $413 / Sq Ft
03/06/2023 03/06/23 Pending -- -- --
03/03/2023 03/03/23 For Sale $379,000 -- $427 / 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
2025 $2,893 $355,990 $95,470 $260,520
2024 $2,535 $313,440 $94,030 $219,410
2023 $2,573 $317,430 $95,230 $222,200
2022 $2,500 $307,880 $92,360 $215,520
2021 $2,806 $343,410 $103,020 $240,390
2020 $2,341 $275,450 $82,630 $192,820
2019 $2,281 $268,360 $80,510 $187,850
2018 $2,232 $262,610 $0 $0
2017 $2,266 $266,600 $0 $0
2016 $2,225 $261,770 $0 $0
2015 $2,099 $246,890 $0 $0
2014 -- $233,680 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Wellde

    Seller's Agent in 2023

    Jennifer Wellde

    Washington Fine Properties, LLC

    (301) 602-1596

    3 in this area

    98 Total Sales

    Jennifer Wellde
    Section Image
  • Mike Aubrey

    Buyer's Agent in 2023

    Mike Aubrey

    BHHS PenFed (actual)

    (301) 873-9807

    5 in this area

    372 Total Sales

    Mike Aubrey
    Section Image

  • T

    Buyer Co-Listing Agent in 2023

    Tommy Martin

    BHHS PenFed (actual)

    2 in this area

    71 Total Sales

    Tommy Martin
    Section Image
See All Agents

About The Towers

Map

Source: Bright MLS

MLS Number: DCDC2086298

Bright MLS

APN: 1601-2438

District of Columbia District of Columbia County Washington 20016 Wesley Heights

4201 Cathedral Ave NW Unit 321E, Washington, DC

Not Listed for Sale

Condos

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