NOT LISTED FOR SALE

Estimated Value: $979,000 - $1,445,000

4 Beds
3 Baths
2,820 Sq Ft
$412/Sq Ft Est. Value

Last Sold July 23, 2021

Last sale price $1,314,660 $466 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $7,770/month

4 Days on Market

Highlights

  • Midcentury Modern Architecture
  • 3-minute walk to Waterfront-Seu
  • 3-minute walk to Southwest Waterfront Park
  • Central Heating and Cooling System
  • Dogs and Cats Allowed

About This Home

As of July 2021

This is a not-to-be-missed opportunity for fans of mid-century modern architecture in Washington DC. This classic, brutalist, 4-story, 4 bed, 3 bath, Tiber Island townhouse condominium sits at the epicenter of DC's hottest neighborhoods: Southwest Waterfront, The Wharf DC & Navy Yard w/ Nationals Ballpark and Audi Field Soccer Field are all within easy walking distance. 466 M St SW was purchased in 2016 as part of an estate sale and the new owners embarked on a renovation that would (from the architect's proposal,) "honor and maintain the architectural integrity and spirit of the original home in its simplicity of form and materiality, while opening the core of the main spaces to daylight in conjunction with updated finishes will add a welcomed warmth to the interior." The newly designed space achieves exactly what the architects sought to accomplish. The home is bright and open and invites warm, casual entertaining and living. The house features 4 bedrooms on the upper two levels, 3 full baths, 7 balconies (2 juliet,) a modern chef's kitchen on the entry level, and a "madmen-esque" tv room/lounge with wet bar on the fully above-grade lower level. The kitchen features high-end Thermador appliances, custom cabinets, quartz countertops, an island with waterfall edges and a mitered front, and a 75-bottle, dual-temperature, Sub-Zero wine closet. The TV room/lounge features custom built-in cabinetry & closets, a walnut-clad wet bar with separate beverage refrigerator, a full bathroom and sliding doors opening onto the large, rear patio with built-in gas fire table, gas grill and new fence. The large, primary bedroom features more walnut-paneling, custom closets and a spacious bathroom with glassed walk-in shower, two separate sink vanities and porcelain (marble-look) flooring. There are three additional bedrooms each with its own balcony with sliding door. One of the bedrooms has been kitted out as a very functional office with custom cabinetry shelving and drawers and walnut-paneling. There is an additional, renovated full-bathroom on the upper-most floor with new tile, custom shelving and new fixtures. As part of the 2016/17 renovation the following additional improvements were made: the entire heat and air conditioning system was replaced with a new, efficient dual zone heat/ac system; tankless hot water heater was installed; the electrical system was substantially upgraded; upgraded top-floor skylight; installed NEST CO2/Smoke Alarms and Heating/AC controls; all interior doors were replaced with solid wood doors; all windows and sliding doors were replaced with new Pella windows and doors; 4 inch thick custom oak stair treads were fitted over the original iron stair rungs; the original oak floors throughout were expertly refinished; soundproofing was added in several areas to enhance sound separation from other units; additionally the association replaced the roofs on all of the townhouses in 2016 and recently upgraded the fencing and gates throughout the complex. Originally designed as part of an urban renewal experiment in 1966 by noted mid-century American modernist architects Keyes, Lethridge & Condon - Tiber Island is an early example of the "brutalist" style. The term brutalist comes from the French for raw concrete "beton brute." The Tiber Island Complex design won the American Institute of Architects award for multi-family residential design in 1966. Brutalism is currently enjoying a genuine resurgence of interest in America: https://mymodernmet.com/brutalist-architecture/ The neighborhoods surrounding 466 M St SW are all enjoying a resurgence of interest and development. Phase 2 of the District Wharf is expected to open in 2022. For more information checkout: https://www.wharfdc.com/. The SW Waterfront metro is across the street along with a convenient Safeway & CVS. The Navy Yard entertainment district - including both Nationals Park and Audi Field are less than 15 minutes by foot.

Last Agent to Sell the Property

Edward Carp

(202) 491-8700 ed@edcarp.us Engel & Völkers Washington, DC Listed on: 05/19/2021

Engel & Völkers Washington, DC

Co-Listed By

William Wilson

(202) 257-0812 wilsonws@brandeis.edu Compass

Last Buyer's Agent

Joan Caton Cromwell

(202) 441-8912 joan@joancromwell.com TTR Sotheby's International Realty

TTR Sotheby's International Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,649

Year Built

  • Built in 1965

Lot Details

  • 3,049

HOA Fees

  • $1,031 Monthly HOA Fees

Home Design

  • Midcentury Modern Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,820 Sq Ft Home
  • Property has 4 Levels

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Parking Lot
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 2005
  • Assessor Parcel Number 0502//2005

Community Details

Overview

  • Association fees include all ground fee, cable TV, common area maintenance, custodial services maintenance, exterior building maintenance, insurance, management, parking fee, reserve funds, snow removal, sewer, trash, water
  • Tiber Island Townhouse Condominiums
  • Tiber Island Condo Town Houses Community
  • Waterfront Subdivision
  • Property Manager

Amenities

  • Common Area

Pet Policy

  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,649

Year Built

Built in 1965

Lot Details

0

HOA Fees

$1,031 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Mid-Century Modern
  • Ownership: Condominium
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Expected On Market: 2021-05-19
  • Federal Flood Zone: No
  • Year Built: 1965
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Levels Count: 4
  • Basement: No
  • Total Sq Ft: 2820
  • Living Area Sq Ft: 2820
  • Price Per Sq Ft: 443.23
  • Above Grade Finished Sq Ft: 2820
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 466

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level 2 Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Upper Level 2 Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • 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: 1030.82
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Tiber Island Townhouse Condominiums
  • HOA Condo Co-Op Amenities: Cable, Common Grounds, Reserved/Assigned Parking
  • HOA Condo Co-Op Fee Includes: All Ground Fee, Cable Tv, Common Area Maintenance, Custodial Services Maintenance, Ext Bldg Maint, Insurance, Management, Parking Fee, Reserve Funds, Snow Removal, Sewer, Trash, Water
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Soil Types: Unknown
  • Year Assessed: 2020
  • Zoning: RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Pets: Dogs Ok, Cats Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 6649.00
  • Assessor Parcel Number: 0502//2005
  • Tax Lot: 2005
  • Tax Total Finished Sq Ft: 2820
  • Tax Year: 2020
  • Close Date: 07/23/2021

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2021
Closed on
Jul 23, 2021
Sold by
Mattingly Therese O and Mattingly Richard T
Bought by
Gutierrez Alexandra M and Levin Edmund D
Seller's Agent
Edward Carp
Engel & Völkers Washington, DC
Buyer's Agent
Joan Caton Cromwell
TTR Sotheby's International Realty
List Price
$1,249,900
Sold Price
$1,314,660
Premium/Discount to List
$64,760
5.18%
Current Estimated Value
$1,161,422

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$153,238
Avg. Annual Appreciation
-2.87%

Purchase Details

Closed on
Nov 3, 2016
Sold by
Owens Kathleen
Bought by
Mattingly Therese O and Mattingly Richard T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$703,085
Interest Rate
3.48%
Mortgage Type
VA
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
Gutierrez Alexandra M $1,314,660 None Available
Mattingly Therese O $699,000 Stewart Title Group Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mattingly Therese O $703,085
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/23/2021 07/23/21 Sold $1,314,660 +5.2% $466 / Sq Ft
05/24/2021 05/24/21 Pending -- -- --
05/19/2021 05/19/21 For Sale $1,249,900 -- $443 / 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 $7,772 $1,016,520 $304,960 $711,560
2023 $7,460 $976,340 $292,900 $683,440
2022 $7,499 $974,740 $292,420 $682,320
2021 $7,694 $918,490 $275,550 $642,940
2020 $6,649 $857,970 $257,390 $600,580
2019 $6,734 $867,140 $260,140 $607,000
2018 $3,114 $806,030 $0 $0
2017 $2,904 $778,970 $0 $0
2016 $2,643 $745,560 $0 $0
2015 $2,404 $668,230 $0 $0
2014 $2,190 $585,560 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC521664

Bright MLS

APN: 0502-2005