$348,500

4840 Macarthur Blvd NW Unit 501 Washington, DC 20007

Palisades Neighborhood

Estimated payment $2,636/month

Total Views 20,703
1 Bed
1 Bath
755 Sq Ft
$462 Price per Sq Ft

Highlights

  • Open Floorplan
  • Transitional Architecture
  • Upgraded Countertops
  • Key Elementary School Rated A
  • Wood Flooring
  • Breakfast Area or Nook

About This Home

With its high ceilings, gleaming wood floors, moldings, alcove, light-drenched rooms, and green views, this one-bedroom offers serenity and style amid the best amenities of the Palisades. Just steps from this elegant space are casual and high-end eateries, a public library, CVS, vet, groomer and much more. The interconnected trails of Rock Creek Park, the towpath, and the trolley trail are all just a short walk away, granting convenient access to woods and river views within the city. The unit has a new front-loading washer/dryer combo and a full kitchen. The attractive, boutique building has a new roof and refurbished elevator and is pet-friendly. The low condo fee includes gas, water, trash, common-area maintenance, etc. A zoned public parking lot for Zone 3 residents is steps from the rear entrance. The D6 bus line provides a direct route to Georgetown, Dupont Circle, downtown, etc. In addition to in-unit washer/dryer, building has free laundry facilities for washing bulky items. Apartment is tenant occupied, generating $2,300 a month in rent. This apartment offers elevated living and a dynamic investing platform. Contact owner/listing agent for tours (see listing agent info). Listing agent is owner of condo.

Listing Agent

Ximena DeFilippes

Summit Commercial Real Estate, LLC Listed on: 10/08/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,579

Year Built

  • Built in 1959 | Remodeled in 2007

HOA Fees

  • $537 Monthly HOA Fees

Home Design

  • Transitional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 755 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Built-In Features
  • Sliding Windows
  • Dining Area
  • Wood Flooring

Kitchen

  • Galley Kitchen
  • Breakfast Area or Nook
  • Gas Oven or Range
  • Cooktop
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom
  • Soaking Tub

Laundry

  • Laundry in unit
  • Front Loading Dryer
  • Front Loading Washer

Parking

  • Public Parking
  • On-Street Parking

Schools

  • Key Elementary School
  • Hardy Middle School
  • Wilson Senior High School

Utilities

  • Heat Pump System
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Exterior Lighting
  • Property is in very good condition

Listing and Financial Details

  • Tax Lot 2022
  • Assessor Parcel Number 1388//2022

Community Details

Overview

  • Association fees include water, common area maintenance, exterior building maintenance, gas, laundry, lawn maintenance, management, pest control, sewer, snow removal, trash
  • $161 Other Monthly Fees
  • Mid-Rise Condominium
  • Macarthur Park Condos
  • Macarthur Park Condominiums Community
  • Palisades Subdivision
  • Property Manager

Amenities

  • Laundry Facilities
  • Community Storage Space
  • 1 Elevator

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,579

Year Built

Built in 1959 | Remodeled in 2007

Lot Details

0

HOA Fees

$537 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Transitional
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1959
  • Year Renovated: 2007
  • Remarks Public: With its high ceilings, gleaming wood floors, moldings, alcove, light-drenched rooms, and green views, this one-bedroom offers serenity and style amid the best amenities of the Palisades. Just steps from this elegant space are casual and high-end eateries, a public library, CVS, vet, groomer and much more. The interconnected trails of Rock Creek Park, the towpath, and the trolley trail are all just a short walk away, granting convenient access to woods and river views within the city. The unit has a new front-loading washer/dryer combo and a full kitchen. The attractive, boutique building has a new roof and refurbished elevator and is pet-friendly. The low condo fee includes gas, water, trash, common-area maintenance, etc. A zoned public parking lot for Zone 3 residents is steps from the rear entrance. The D6 bus line provides a direct route to Georgetown, Dupont Circle, downtown, etc. In addition to in-unit washer/dryer, building has free laundry facilities for washing bulky items. Apartment is tenant occupied, generating $2,300 a month in rent. This apartment offers elevated living and a dynamic investing platform. Contact owner/listing agent for tours (see listing agent info). Listing agent is owner of condo.
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Icemaker, Built-In Microwave, Oven/Range - Gas, Refrigerator, Washer - Front Loading, Dryer - Front Loading
  • Entry Floor: 5
  • Flooring Type: Hardwood
  • Interior Amenities: Bathroom - Soaking Tub, Breakfast Area, Built-Ins, Dining Area, Elevator, Floor Plan - Open, Kitchen - Galley, Upgraded Countertops, Wood Floors
  • Window Features: Sliding
  • Fireplace: No
  • Elevators Count: 1
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Room Count: 3
  • Basement: No
  • Laundry Type: Dryer In Unit, Has Laundry, Washer In Unit
  • Total Sq Ft: 755
  • Living Area Sq Ft: 755
  • Price Per Sq Ft: 461.59
  • Above Grade Finished Sq Ft: 755
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 4840

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
  • Exterior Features: Exterior Lighting
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Public
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Natural Gas Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 537.03
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: MacArthur Park
  • HOA Condo Co-Op Amenities: Elevator, Extra Storage, Laundry Facilities
  • HOA Condo Co-Op Fee Includes: Water, Common Area Maintenance, Ext Bldg Maint, Gas, Laundry, Lawn Maintenance, Management, Pest Control, Sewer, Snow Removal, Trash
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Other Fees: 1933.22
  • Other Fees Frequency: Annually

Schools

  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • Elementary School: KEY
  • Middle School: HARDY
  • High School: WILSON SENIOR
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121140357950
  • School District Source: 3rd Party
  • Elementary School: KEY
  • High School: WILSON SENIOR
  • Middle Or Junior School: HARDY

Lot Info

  • Property Condition: Very Good
  • Soil Types: Urban Land-Manor-Glenelg
  • Year Assessed: 2024
  • Zoning: RES
  • In City Limits: Yes

Rental Info

  • Pets: Dogs Ok, Cats Ok, Number Limit
  • Pets Allowed: Yes
  • Total Actual Rent: 27600.00
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 2579.00
  • Assessor Parcel Number: 1388//2022
  • Tax Lot: 2022
  • Tax Total Finished Sq Ft: 712
  • Tax Data Updated: No
  • Tax Year: 2024

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $2,579 $318,560 $95,570 $222,990
2023 $2,557 $315,500 $94,650 $220,850
2022 $2,756 $338,030 $101,410 $236,620
2021 $2,705 $331,520 $99,460 $232,060
2020 $2,752 $323,720 $97,120 $226,600
2019 $2,807 $330,190 $99,060 $231,130
2018 $2,623 $308,550 $0 $0
2017 $2,761 $324,810 $0 $0
2016 $2,694 $316,890 $0 $0
2015 $2,752 $323,730 $0 $0
2014 $2,899 $341,080 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2025 09/03/25 Off Market $2,300 -- --
07/08/2025 07/08/25 For Rent $2,300 0.0% --
06/13/2025 06/13/25 Price Changed $348,500 -2.7% $462 / Sq Ft
05/14/2025 05/14/25 Price Changed $358,000 -1.6% $474 / Sq Ft
05/05/2025 05/05/25 Price Changed $364,000 -1.4% $482 / Sq Ft
03/07/2025 03/07/25 Price Changed $369,000 0.0% $489 / Sq Ft
03/07/2025 03/07/25 For Sale $369,000 -1.3% $489 / Sq Ft
03/05/2025 03/05/25 Off Market $374,000 -- --
10/08/2024 10/08/24 For Sale $374,000 -- $495 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $354,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $189,000 New Conventional
Closed $201,932 New Conventional
Closed $205,842 New Conventional
Previous Owner $50,000 Credit Line Revolving
Previous Owner $295,000 New Conventional
Source: Public Records

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Source: Bright MLS

MLS Number: DCDC2163182

Bright MLS

APN: 1388-2022