NOT LISTED FOR SALE

Essex 4740 Connecticut Ave NW Unit 702 Washington, DC 20008

Wakefield Neighborhood

Estimated Value: $414,000 - $502,000

2 Beds
2 Baths
1,285 Sq Ft
$954/mo HOA Fee

Last Sold February 18, 2020

Last sale price $450,000 $350 Per Sq Ft

Current estimated payment $3,657/month

168 Days on Market

Highlights

  • Contemporary Architecture
  • 1 Car Attached Garage
  • Laundry Facilities
  • Ben Murch Elementary School Rated A-
  • Central Heating and Cooling System
  • High-Rise Condominium

About This Home

As of February 2020

One of the largest two bedroom floor plans in the building, this bright, corner apartment, with lots of windows, has many features. Step into a long entrance hall leading to a spacious living room. The dining area off the living room has a built-in secret desk on one wall, or use the space to house extra china and glassware. There is storage space galore throughout the apartment, from ingeniously built-in cabinetry in the living room and second bedroom. The kitchen has lots of room in its sparkling, white cabinets. A rear hall provides privacy, as it separates the bedrooms from the public rooms. There are treetop views from all the windows. The condominium fee includes utilities and the monthly fee for the garage space, which is included in the price. A roof deck provides views of the National Cathedral and the Washington Monument. Solar panels have been installed on the roof, and their use has reduced the building's electric bill. The building has a twenty-four hour desk and an on-site manager. It is located approximately six blocks from the Metro and has buses available on Connecticut Avenue.

Last Agent to Sell the Property

Margaret Lamberton

Margaret S Lamberton Real Estate Listed on: 08/15/2019

Last Buyer's Agent

Philip Sturm

Long & Foster Real Estate, Inc. License #21155

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,571

Year Built

  • Built in 1956

Lot Details

  • 261

HOA Fees

  • $954 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Basement Garage

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,285 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 2096
  • Assessor Parcel Number 1978//2096

Community Details

Overview

  • Association fees include air conditioning, all ground fee, common area maintenance, electricity, gas, heat, lawn maintenance, management, sewer, snow removal, trash, water
  • High-Rise Condominium
  • The Essex Condos, Phone Number (202) 362-3217
  • Wakefield Community
  • Wakefield Subdivision
  • Property Manager

Amenities

  • Laundry Facilities

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,571

Year Built

Built in 1956

Lot Details

0

HOA Fees

$954 per month

Parking

1

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: 1956
  • Remarks Public: One of the largest two bedroom floor plans in the building, this bright, corner apartment, with lots of windows, has many features. Step into a long entrance hall leading to a spacious living room. The dining area off the living room has a built-in secret desk on one wall, or use the space to house extra china and glassware. There is storage space galore throughout the apartment, from ingeniously built-in cabinetry in the living room and second bedroom. The kitchen has lots of room in its sparkling, white cabinets. A rear hall provides privacy, as it separates the bedrooms from the public rooms. There are treetop views from all the windows. The condominium fee includes utilities and the monthly fee for the garage space, which is included in the price. A roof deck provides views of the National Cathedral and the Washington Monument. Solar panels have been installed on the roof, and their use has reduced the building's electric bill. The building has a twenty-four hour desk and an on-site manager. It is located approximately six blocks from the Metro and has buses available on Connecticut Avenue.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 7
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1285
  • Living Area Sq Ft: 1285
  • Price Per Sq Ft: 388.33
  • Above Grade Finished Sq Ft: 1285
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 4740

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Basement Garage
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 954.10
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: The Essex
  • Condo Co-Op Phone: 202-362-32177
  • HOA Condo Co-Op Amenities: Laundry Facilities
  • HOA Condo Co-Op Fee Includes: Air Conditioning, All Ground Fee, Common Area Maintenance, Electricity, Gas, Heat, Lawn Maintenance, Management, Sewer, Snow Removal, Trash, Water
  • HOA Condo Co-Op Management Type: Professional - Off-Site, Professional - On-Site
  • HOA: No
  • Senior Community: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 302220.00
  • Land Assessed Value: 129520.00
  • Soil Types: Unknown
  • Year Assessed: 2019
  • Zoning: RESIDENTIAL
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Assessor Parcel Number: 16023269
  • Tax Annual Amount: 3571.00
  • Assessor Parcel Number: 1978//2096
  • Tax Lot: 2096
  • Tax Total Finished Sq Ft: 1094
  • Tax Data Updated: No
  • Tax Year: 2019
  • Close Date: 02/18/2020

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2019
Closed on
Feb 18, 2020
Sold by
Phillips Leo H and Phillips Patricia H
Bought by
Garrett Rachel Halpern
Seller's Agent
Margaret Lamberton
Margaret S Lamberton Real Estate
Buyer's Agent
Philip Sturm
Long & Foster Real Estate, Inc.
List Price
$515,000
Sold Price
$450,000
Premium/Discount to List
-$65,000
-12.62%
Current Estimated Value
$448,391

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,609
Avg. Annual Appreciation
1.04%
Source: Public Records

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 Buyer Sale Price Title Company
Garrett Rachel Halpern $450,000 Federal Title & Escrow Co
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2020 02/18/20 Sold $450,000 -9.8% $350 / Sq Ft
01/30/2020 01/30/20 Pending -- -- --
10/25/2019 10/25/19 Price Changed $499,000 -3.1% $388 / Sq Ft
08/15/2019 08/15/19 For Sale $515,000 -- $401 / 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 $2,725 $422,870 $126,860 $296,010
2023 $2,777 $425,360 $127,610 $297,750
2022 $2,901 $433,710 $130,110 $303,600
2021 $3,000 $442,620 $132,790 $309,830
2020 $3,026 $431,740 $129,520 $302,220
2019 $3,572 $420,210 $126,060 $294,150
2018 $3,419 $402,230 $0 $0
2017 $3,338 $392,690 $0 $0
2016 $3,170 $372,900 $0 $0
2015 $3,075 $361,760 $0 $0
2014 $2,897 $340,860 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Margaret Lamberton

    Seller's Agent in 2020

    Margaret Lamberton

    Margaret S Lamberton Real Estate

    (202) 210-4215

    1 in this area

    38 Total Sales

    Section Image
  • Philip Sturm

    Buyer's Agent in 2020

    Philip Sturm

    Long & Foster

    (301) 213-3528

    100 Total Sales

    Section Image
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About Essex

Map

Source: Bright MLS

MLS Number: DCDC438650

Bright MLS

APN: 1978-2096

District of Columbia District of Columbia County Washington 20008 Wakefield

4740 Connecticut Ave NW Unit 702, Washington, DC

This home is located at 4740 Connecticut Ave NW Unit 702, Washington, DC 20008 since 15 August 2019 and is currently estimated at $446,790, approximately $347 per square foot. This property was built in 1956. 4740 Connecticut Ave NW Unit 702 is a home located in District of Columbia with nearby schools including Ben Murch Elementary School, Alice Deal Middle School, and Jackson Reed High School.

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