$262,500
SOLD DEC 27, 2016

4597 Macarthur Blvd NW Unit 3 Washington, DC 20007

Palisades Neighborhood
1 Bed
1 Bath
525 Sq Ft
$260/mo HOA Fee

Recently Sold

$500 Per Sq Ft

5% Below List Price

76 Days on Market

Highlights

  • Gourmet Kitchen
  • Contemporary Architecture
  • Wood Flooring
  • Key Elementary School Rated A
  • Traditional Floor Plan
  • Upgraded Countertops

About This Home

As of September 2020

Fantastic 1BR, 1BA condo in the serene Palisades. Brilliant HWF throughout, stacked in-unit W/D. LOW $260/mo condo fee! Renovated kitchen w/ granite counters, SS appliances, island w/ bkfst bar seating. All lights are dimmable LEDS. Boutique bldg w/ assigned storage unit is near trails, Potomac River, C&O canal. <2 miles from Georgetown w/ incredible amenities. Easy access to downtown DC, VA, MD.

Last Agent to Sell the Property

Jim Roy

LuxManor Real Estate, Inc License #0225058096 Listed on: 09/08/2016

Last Buyer's Agent

Sharif Ibrahim

Keller Williams Capital Properties License #672008

Keller Williams Capital Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,243

Year Built

  • Built in 1954

Lot Details

  • Property is in very good condition

HOA Fees

  • $260 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 525 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Window Treatments
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Wood Flooring
  • Stacked Washer and Dryer

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Gas Oven or Range
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Schools

  • Key Elementary School
  • Hardy Middle School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 2082
  • Assessor Parcel Number 1367//2082

Community Details

Overview

  • Association fees include sewer, water
  • Low-Rise Condominium
  • Palisades Community
  • Palisades Subdivision

Amenities

  • Community Storage Space

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,243

Year Built

Built in 1954

Lot Details

0

HOA Fees

$260 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Year Built: 1954
  • Remarks Public: Fantastic 1BR, 1BA condo in the serene Palisades. Brilliant HWF throughout, stacked in-unit W/D. LOW $260/mo condo fee! Renovated kitchen w/ granite counters, SS appliances, island w/ bkfst bar seating. All lights are dimmable LEDS. Boutique bldg w/ assigned storage unit is near trails, Potomac River, C&O canal. <2 miles from Georgetown w/ incredible amenities. Easy access to downtown DC, VA, MD.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Dryer - Front Loading, Oven/Range - Gas, Refrigerator, Washer, Washer - Front Loading, Washer/Dryer Stacked
  • Interior Amenities: Family Room Off Kitchen, Kitchen - Gourmet, Breakfast Area, Kitchen - Island, Combination Dining/Living, Upgraded Countertops, Window Treatments, Wood Floors, Floor Plan - Traditional
  • Fireplace: No
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 525
  • Living Area Sq Ft: 525
  • Price Per Sq Ft: 503.81
  • Above Grade Finished Sq Ft: 525
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 4597

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
  • Construction Materials: Brick, Concrete
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Main Entrance Lock
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 260.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Extra Storage
  • HOA Condo Co-Op Fee Includes: Sewer, Water
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA Condo Co-Op Rules: Pets - W/Application Deposit
  • HOA: No
  • Senior Community: No

Schools

  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • Elementary School: KEY
  • Middle School: HARDY
  • School District Key: 121140357950
  • Elementary School: KEY
  • Middle Or Junior School: HARDY

Green Features

  • Green Verification: No

Lot Info

  • Improvement Assessed Value: 162950.00
  • Land Assessed Value: 69830.00
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Soil Types: Loam
  • Year Assessed: 2016
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16158909
  • Tax Annual Amount: 2243.00
  • Assessor Parcel Number: 1367//2082
  • Tax Lot: 2082
  • Tax Total Finished Sq Ft: 525
  • Tax Year: 2015
  • Close Date: 12/27/2016

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2020
Closed on
Sep 16, 2020
Sold by
Johnston Andrew L
Bought by
Altenberg Matthew
Seller's Agent
Jessica Evans
Compass
Buyer's Agent
Matthew Carcone
Gordon James Brokerage
List Price
$289,000
Sold Price
$285,000
Premium/Discount to List
-$4,000
-1.38%
Current Estimated Value
$289,752

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,752
Avg. Annual Appreciation
-0.28%
Original Mortgage
$228,000
Outstanding Balance
$204,731
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$76,445

Purchase Details

Listed on
Sep 8, 2016
Closed on
Dec 27, 2016
Sold by
West Benjamin Caleb
Bought by
Johnston Andrew L
Seller's Agent
Jim Roy
LuxManor Real Estate, Inc
Buyer's Agent
Sharif Ibrahim
Keller Williams Capital Properties
List Price
$275,000
Sold Price
$262,500
Premium/Discount to List
-$12,500
-4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.24%
Original Mortgage
$236,250
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 23, 2014
Sold by
Frattali Matthew
Bought by
West Benjamin C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 21, 2007
Sold by
Castle Gate Llc
Bought by
Farokhdad Nersedeh

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
6.37%
Mortgage Type
Commercial
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $285,000 Federal Title & Escrow Co
Special Warranty Deed $262,500 Kvs Title Llc
Warranty Deed $215,000 --
Warranty Deed $235,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $228,000 New Conventional
Previous Owner $236,250 New Conventional
Previous Owner $145,000 New Conventional
Previous Owner $236,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2020 09/16/20 Sold $285,000 -1.4% $543 / Sq Ft
07/31/2020 07/31/20 Pending -- -- --
07/24/2020 07/24/20 For Sale $289,000 +10.1% $550 / Sq Ft
12/27/2016 12/27/16 Sold $262,500 -0.8% $500 / Sq Ft
11/23/2016 11/23/16 Pending -- -- --
10/18/2016 10/18/16 Price Changed $264,500 -3.8% $504 / Sq Ft
09/08/2016 09/08/16 For Sale $275,000 +34.8% $524 / Sq Ft
05/11/2012 05/11/12 Sold $204,024 -3.7% --
03/15/2012 03/15/12 Pending -- -- --
03/09/2012 03/09/12 Price Changed $211,800 -3.0% --
02/19/2012 02/19/12 Price Changed $218,300 -3.0% --
02/13/2012 02/13/12 For Sale $225,000 +10.3% --
02/09/2012 02/09/12 Off Market $204,024 -- --
02/08/2012 02/08/12 For Sale $225,000 -- --
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
2024 $2,084 $260,390 $78,120 $182,270
2023 $2,074 $258,760 $77,630 $181,130
2022 $2,231 $276,250 $82,870 $193,380
2021 $2,176 $269,340 $80,800 $188,540
2020 $2,231 $262,450 $78,730 $183,720
2019 $0 $269,140 $80,740 $188,400
2018 $0 $264,720 $0 $0
2017 $1,407 $237,970 $0 $0
2016 $1,979 $232,780 $0 $0
2015 $2,243 $263,900 $0 $0
2014 $2,364 $278,130 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001375055

Bright MLS

APN: 1367-2082