NOT LISTED FOR SALE

Estimated Value: $328,000 - $348,000

1 Bed
1 Bath
643 Sq Ft
$627/mo HOA Fee

Last Sold August 02, 2022

Last sale price $249,000 $387 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,708/month

33 Days on Market

Highlights

  • Concierge
  • Fitness Center
  • Contemporary Architecture
  • Mann Elementary School Rated A
  • Clubhouse
  • Wood Flooring

About This Home

As of August 2022

Welcome to The Towers Condominium, a Full Service, Amenity Rich Destination * Spacious 1BR with Large Windows, Wood Floors, 5 Closets & Serene View of Glover Archbold Park * Condo Fee Includes All Utilities * No Pets * Amenities: 24-Hour Concierge, Large Pool, Fitness Center, Tennis Courts, Fully Stocked Convenience Store, Beauty Salon, Library, Party Room, Valet Service * Indoor Parking Spaces Rent for Approximately $175/mo * 3 Blocks to Chef Geoff's, Wagshal's Market, Al Dente & American University * Short Distance to Georgetown’s Fine Dining, Shops and Waterfront * Floor Plan Uploaded

Last Agent to Sell the Property

Morgan Knull

RE/MAX Gateway, LLC License #576602 Listed on: 06/08/2022

RE/MAX Gateway, LLC

Co-Listed By

Daniel Meadors

RE/MAX Gateway, LLC License #0225232483

Last Buyer's Agent

Omar Gonzalez

RLAH @properties License #0225243618

RLAH @properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,100

Year Built

  • Built in 1960

Lot Details

  • Property is in excellent condition

HOA Fees

  • $627 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 643 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Double Pane Windows
  • Sliding Windows

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • Convector
  • Convector Heater
  • Summer or Winter Changeover Switch For Heating
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 2525
  • Assessor Parcel Number 1601//2525

Community Details

Overview

  • Association fees include air conditioning, common area maintenance, custodial services maintenance, electricity, exterior building maintenance, gas, heat, insurance, lawn maintenance, management, pool(s), recreation facility, reserve funds, sewer, snow removal, trash, water
  • High-Rise Condominium
  • The Towers Condominium Condos, Phone Number (202) 946-0557
  • The Towers Community
  • Cathedral Heights Subdivision
  • Property Manager

Amenities

  • Concierge
  • Picnic Area
  • Common Area
  • Beauty Salon
  • Clubhouse
  • Meeting Room
  • Party Room
  • Community Library
  • Recreation Room
  • Laundry Facilities
  • Elevator
  • Convenience Store

Recreation

  • Jogging Path

Pet Policy

  • No Pets Allowed

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,100

Year Built

Built in 1960

Lot Details

0

HOA Fees

$627 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1960
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Welcome to The Towers Condominium, a Full Service, Amenity Rich Destination * Spacious 1BR with Large Windows, Wood Floors, 5 Closets & Serene View of Glover Archbold Park * Condo Fee Includes All Utilities * No Pets * Amenities: 24-Hour Concierge, Large Pool, Fitness Center, Tennis Courts, Fully Stocked Convenience Store, Beauty Salon, Library, Party Room, Valet Service * Indoor Parking Spaces Rent for Approximately $175/mo * 3 Blocks to Chef Geoff's, Wagshal's Market, Al Dente & American University * Short Distance to Georgetown’s Fine Dining, Shops and Waterfront * Floor Plan Uploaded
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Microwave, Oven - Wall, Refrigerator
  • Entry Floor: 7
  • Flooring Type: Wood, Tile/Brick
  • Window Features: Sliding, Double Pane
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Common
  • Total Sq Ft: 643
  • Living Area Sq Ft: 643
  • Price Per Sq Ft: 387.25
  • Above Grade Finished Sq Ft: 643
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 4201

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: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Convector, Ceiling Fan(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Convector, Summer/Winter Changeover
  • 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: 627.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: The Towers Condominium
  • Condo Co-Op Phone: 202-946-0557
  • HOA Condo Co-Op Amenities: Beauty Salon, Club House, Common Grounds, Concierge, Convenience Store, Elevator, Exercise Room, Fitness Center, Jog/Walk Path, Laundry Facilities, Library, Meeting Room, Party Room, Picnic Area, Pool - Outdoor, Recreational Center, Security, Swimming Pool, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Air Conditioning, Common Area Maintenance, Custodial Services Maintenance, Electricity, Ext Bldg Maint, Gas, Heat, Insurance, Lawn Maintenance, Management, Pool(s), Recreation Facility, Reserve Funds, Sewer, Snow Removal, Trash, Water
  • HOA Condo Co-Op Management Type: Professional - On-Site, Professional - Off-Site
  • HOA: No
  • Senior Community: No
  • Community Pool Features: In Ground

Schools

  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • School District Key: 121140357950
  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 162640.00
  • Land Assessed Value: 69700.00
  • Property Condition: Excellent
  • Soil Types: Unknown
  • Year Assessed: 2021
  • Zoning: RESIDENTIAL
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

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

Tax Info

  • Assessor Parcel Number: 16012834
  • Tax Annual Amount: 1100.00
  • Assessor Parcel Number: 1601//2525
  • Tax Lot: 2525
  • Tax Total Finished Sq Ft: 643
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 08/02/2022

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2015
Sold by
Reyes Jose
Bought by
Isack Michael Reic
Current Estimated Value
$340,774

Purchase Details

Closed on
Jun 28, 2004
Sold by
Torry Saundra
Bought by
Mahoubi Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
6.3%
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
Isack Michael Reic $257,000 Settlementcorp
Mahoubi Christina -- None Available
Mahoubi Brian $295,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mahoubi Brian $236,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2022 08/02/22 Sold $249,000 0.0% $387 / Sq Ft
07/11/2022 07/11/22 Pending -- -- --
06/08/2022 06/08/22 For Sale $249,000 +13.2% $387 / Sq Ft
10/21/2015 10/21/15 Sold $219,900 0.0% $337 / Sq Ft
09/24/2015 09/24/15 Pending -- -- --
09/09/2015 09/09/15 For Sale $219,900 -- $337 / 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 $2,682 $330,720 $99,220 $231,500
2023 $2,719 $334,630 $100,390 $234,240
2022 $2,644 $324,870 $97,460 $227,410
2021 $2,972 $362,930 $108,880 $254,050
2020 $2,476 $291,270 $87,380 $203,890
2019 $255 $283,370 $85,010 $198,360
2018 $2,357 $277,300 $0 $0
2017 $2,394 $281,600 $0 $0
2016 $2,044 $276,300 $0 $0
2015 $1,609 $260,680 $0 $0
2014 -- $246,720 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC2053586

Bright MLS

APN: 1601-2834