NOT LISTED FOR SALE

424 M St NW Unit 7 Washington, DC 20001

Mount Vernon Square Neighborhood

Estimated Value: $738,000

2 Beds
2 Baths
908 Sq Ft
4,356 Sq Ft Lot

Sale Details

Date Sold: January 10, 2022

Last sale price $745,000 $820 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $4,967 / mo

2 Days on Market

Highlights

  • New Construction
  • 5-minute walk to Mount Vernon Square/7Th St-Convention Center
  • Deck
  • Gourmet Kitchen
  • Open Floorplan
  • Wood Flooring

About This Home

As of January 2022

New construction, 2-level penthouse condo features two huge private outdoor spaces. The main level balcony has floor-to-ceiling, fully retractable glass doors providing an indoor/outdoor feel for the living room. The second floor features the primary bedroom suite with a luxury bathroom, walk-in closet and the second huge outdoor space. 1 parking space available for $35K. 424 M Street NW is a new 8-unit development by Bloom Residential. 50% of the units are under contract or sold and the condos are ready for immediate settlement and occupancy.

Last Agent to Sell the Property

Sean Aalai

(301) 298-1001 sean@compass.com Compass Listed on: 12/02/2021

Compass

Last Buyer's Agent

Meredith Margolis

(301) 298-1001 Meredith.Margolis@compass.com Compass

Compass

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Condominium

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 4,356

HOA Fees

  • $334 Monthly HOA Fees

Home Design

  • Penthouse
  • Entry on the 3rd floor
  • Brick Exterior Construction

Interior Spaces

  • 908 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Recessed Lighting
  • Wood Flooring

Kitchen

  • Gourmet Kitchen
  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Off-Street Space
  • On-Site Parking for Sale

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Deck
  • Property is in excellent condition

Listing and Financial Details

  • Assessor Parcel Number 0514 // 2280

Community Details

Overview

  • $667 Capital Contribution Fee
  • Association fees include water, trash, snow removal, lawn maintenance, common area maintenance, reserve funds
  • 8 Units
  • Low-Rise Community
  • Built by Bloom Residential
  • Mount Vernon Subdivision, Penthouse Floorplan

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Year Built

Built in 2021 | New Construction

Lot Details

4,356 Sq Ft Lot

HOA Fees

$334 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • New Construction: Yes
  • Story List: Main, Upper 1
  • Year Built: 2021
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: NewHome
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Refrigerator, Stainless Steel Appliances, Washer, Oven/Range - Electric
  • Entry Floor: 3
  • Interior Amenities: Floor Plan - Open, Kitchen - Gourmet, Recessed Lighting, Walk-In Closet(s), Wood Floors, Primary Bath(s)
  • Levels Count: 3
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 908
  • Living Area Sq Ft: 908
  • Price Per Sq Ft: 825.99
  • Above Grade Finished Sq Ft: 908
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: Yes
  • 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 - Sale
  • 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: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 333.62
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Fee Includes: Water, Trash, Snow Removal, Lawn Maintenance, Common Area Maintenance, Reserve Funds
  • HOA: No
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 667.24

Schools

  • School District Source: Listing Agent

Lot Info

  • Outdoor Living Structures: Deck(s)
  • Property Condition: Excellent
  • Soil Types: Urban Land-Sassafras-Chillum
  • Zoning: RA-2
  • In City Limits: Yes

Building Info

  • Builder Name: Bloom Residential

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 0514 // 2280
  • Tax Year: 2021

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2021
Closed on
Jan 11, 2022
Sold by
424 M Street Llc
Bought by
Seller's Agent
Sean Aalai
Compass
Buyer's Agent
Meredith Margolis
Compass
List Price
$750,000
Sold Price
$745,000
Premium/Discount to List
-$5,000
-0.67%
Current Estimated Value
$738,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,000
Avg. Annual Appreciation
-0.20%
Original Mortgage
$447,000
Outstanding Balance
$402,168
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$335,832
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Mount Vernon Square, DC

  • Meredith Margolis Real Estate Agent - Compass

    Meredith Margolis

    Compass

    (202) 902-9716

    257 Total Sales

    1 in Mount Vernon Square

    $745,000 Price

    Meredith Margolis
     Section Image
  • Jennifer Touchette Real Estate Agent - Compass

    Jennifer Touchette

    Compass

    (202) 937-3388

    172 Total Sales

    2 in Mount Vernon Square

    $618K - $640K Price Range

    Jennifer Touchette
     Section Image
  • John Peters Real Estate Agent - Compass

    John Peters

    Compass

    (877) 813-1859

    60 Total Sales

    1 in Mount Vernon Square

    $777,000 Price

    John Peters
     Section Image
  • Wyevetra Jordan Real Estate Agent - The Home Team Realty Group, LLC

    Wyevetra Jordan

    The Home Team Realty Group, LLC

    (240) 312-2957

    99 Total Sales

    1 in Mount Vernon Square

    $675,000 Price

    Wyevetra Jordan
     Section Image
  • Darnell Eaton Real Estate Agent - CENTURY 21 New Millennium

    Darnell Eaton

    CENTURY 21 New Millennium

    (240) 563-9573

    163 Total Sales

    2 in Mount Vernon Square

    $544K - $559K Price Range

    Darnell Eaton
     Section Image
  • Raquel Gutierrez Real Estate Agent - TTR Sotheby's International Realty

    Raquel Gutierrez

    TTR Sotheby's International Realty

    (202) 946-5364

    86 Total Sales

    2 in Mount Vernon Square

    $665K - $930K Price Range

    Raquel Gutierrez
     Section Image
See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$745,000 Old Republic National Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $447,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/10/2022 01/10/22 Sold $745,000 -0.7% $820 / Sq Ft
12/04/2021 12/04/21 Pending -- -- --
12/02/2021 12/02/21 For Sale $750,000 -- $826 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,608 $675,360 $202,610 $472,750
2024 $5,807 $698,400 $209,520 $488,880
2023 $5,811 $698,400 $209,520 $488,880
2022 $5,819 $698,400 $209,520 $488,880
2021 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sean Aalai Real Estate Agent - Compass

    Seller's Agent in 2022

    Sean Aalai

    Compass

    (202) 552-9167

    7 in this area

    72 Total Sales

    Sean Aalai
    Section Image
  • Meredith Margolis Real Estate Agent - Compass

    Buyer's Agent in 2022

    Meredith Margolis

    Compass

    (202) 607-5877

    1 in this area

    257 Total Sales

    Meredith Margolis
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DCDC2023220

Bright MLS

APN: 0514-2280

District of Columbia District of Columbia County Washington 20001 Mount Vernon Square

424 M St NW Unit 7, Washington, DC

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