NOT LISTED FOR SALE

4840 Macarthur Blvd NW Unit 502 Washington, DC 20007

Palisades Neighborhood

Estimated Value: $303,000 - $412,000

1 Bed
1 Bath
675 Sq Ft
$436/mo HOA Fee

Last Sold May 16, 2024

Last sale price $337,000 $499 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,442/month

10 Days on Market

Highlights

  • Eat-In Gourmet Kitchen
  • Open Floorplan
  • Wood Flooring
  • Key Elementary School Rated A
  • Contemporary Architecture
  • Breakfast Area or Nook

About This Home

As of May 2024

Experience urban living in this elegant, smartly designed 1 bedroom, 1 bathroom corner unit located at 4840 MacArthur Boulevard Northwest, Unit 502, in the historic downtown Palisades neighborhood of Washington, DC. Spanning 675 square feet, this sophisticated residence boasts new wood floors and bedroom carpet, along with fresh paint throughout, creating a pristine, move-in ready ambiance.The open floor plan seamlessly integrates the living and dining areas, accentuated by granite countertops in the well-appointed kitchen. Enjoy the convenience of a washer & dryer all in one, while the building offers laundry facilities, an elevator, and private storage for your ease and comfort. Nestled within a boutique midrise building, this home exudes exclusivity and privacy.Discover the allure of the Palisades neighborhood, with an array of restaurants just moments away, a farmers’ market and the added convenience of being in close proximity to Georgetown. Embrace the allure of this prestigious address, where urban sophistication meets historic charm. Don't miss the opportunity to make this refined residence your own.

Last Agent to Sell the Property

Sherine Monir

(202) 536-4043 sherine@smdg-llc.com Compass License #SP98372665 Listed on: 04/12/2024

Compass

Last Buyer's Agent

Josh Dukes

(703) 867-0939 joshdukesrealestate@gmail.com KW Metro Center

KW Metro Center

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,441

Year Built

  • Built in 1959

Lot Details

  • 261

HOA Fees

  • $436 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Contemporary Architecture
  • Entry on the 5th floor

Interior Spaces

  • 675 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Recessed Lighting
  • Double Hung Windows

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook
  • Gas Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Additional Features

  • Accessible Elevator Installed
  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 2023
  • Assessor Parcel Number 1388//2023

Community Details

Overview

  • Association fees include gas, insurance, reserve funds, snow removal, trash
  • Mid-Rise Condominium
  • Macarthur Park Condos
  • Palisades Community
  • Palisades Subdivision
  • Property Manager

Amenities

  • Common Area
  • Community Storage Space

Pet Policy

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

Security

  • Security Service
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,441

Year Built

Built in 1959

Lot Details

0

HOA Fees

$436 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Contemporary
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1959
  • Automatically Close On Close Date: No
  • Remarks Public: Experience urban living in this elegant, smartly designed 1 bedroom, 1 bathroom corner unit located at 4840 MacArthur Boulevard Northwest, Unit 502, in the historic downtown Palisades neighborhood of Washington, DC. Spanning 675 square feet, this sophisticated residence boasts new wood floors and bedroom carpet, along with fresh paint throughout, creating a pristine, move-in ready ambiance. The open floor plan seamlessly integrates the living and dining areas, accentuated by granite countertops in the well-appointed kitchen. Enjoy the convenience of a washer & dryer all in one, while the building offers laundry facilities, an elevator, and private storage for your ease and comfort. Nestled within a boutique midrise building, this home exudes exclusivity and privacy. Discover the allure of the Palisades neighborhood, with an array of restaurants just moments away, a farmers’ market and the added convenience of being in close proximity to Georgetown. Embrace the allure of this prestigious address, where urban sophistication meets historic charm. Don't miss the opportunity to make this refined residence your own.
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Icemaker, Microwave, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer
  • Entry Floor: 5
  • Flooring Type: Carpet, Wood
  • Interior Amenities: Breakfast Area, Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Gourmet, Recessed Lighting, Stall Shower, Walk-In Closet(s), Window Treatments, Wood Floors, Carpet
  • Window Features: Double Hung
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 675
  • Living Area Sq Ft: 675
  • Price Per Sq Ft: 496.30
  • Above Grade Finished Sq Ft: 675
  • 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: Combination
  • Exterior Features: Exterior Lighting, Sidewalks, Street Lights
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Main Entrance Lock, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 435.75
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: MacArthur Park
  • HOA Condo Co-Op Amenities: Common Grounds, Elevator, Extra Storage, Security
  • HOA Condo Co-Op Fee Includes: Gas, Insurance, Reserve Funds, Snow Removal, Trash
  • HOA: No
  • Senior Community: No

Schools

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

Lot Info

  • Soil Types: Urban Land-Manor-Glenelg
  • Year Assessed: 2024
  • Zoning: MU-4, R-1B
  • In City Limits: Yes

Rental Info

  • Pets: Cats Ok, Dogs Ok, Number Limit, Size/Weight Restriction
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 2441.00
  • Assessor Parcel Number: 1388//2023
  • Tax Lot: 2023
  • Tax Total Finished Sq Ft: 675
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 05/16/2024

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2024
Closed on
May 15, 2024
Sold by
Morris Kristy L
Bought by
Coyne Brendan
Seller's Agent
Sherine Monir
Compass
Buyer's Agent
Josh Dukes
KW Metro Center
List Price
$335,000
Sold Price
$337,000
Premium/Discount to List
$2,000
0.6%
Views
69
Current Estimated Value
$343,595

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,595
Avg. Annual Appreciation
1.37%
Original Mortgage
$269,600
Interest Rate
6.35%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 15, 2012
Closed on
Nov 19, 2012
Sold by
Didden Melissa A and Hennessy Brian M
Bought by
Morris Kristy L
Seller's Agent
Mark McFadden
Compass
Buyer's Agent
Philip Sturm
Long & Foster Real Estate, Inc.
List Price
$359,900
Sold Price
$300,000
Premium/Discount to List
-$59,900
-16.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.02%
Original Mortgage
$210,000
Interest Rate
3.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 17, 2008
Sold by
4840 Macarthur Dev Llc
Bought by
Didden Melissa and Hennessy,Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,760
Interest Rate
6.35%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Coyne Brendan $337,000 Universal Title
Morris Kristy L $300,000 --
Didden Melissa $336,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Coyne Brendan $269,600
Previous Owner Morris Kristy L $210,000
Previous Owner Didden Melissa $302,760
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/16/2024 05/16/24 Sold $337,000 +0.6% $499 / Sq Ft
04/12/2024 04/12/24 For Sale $335,000 +11.7% $496 / Sq Ft
11/19/2012 11/19/12 Sold $300,000 -4.8% $444 / Sq Ft View Prior Sale
09/30/2012 09/30/12 Pending -- -- --
09/06/2012 09/06/12 Price Changed $315,000 -3.1% $467 / Sq Ft
07/13/2012 07/13/12 Price Changed $325,000 -6.6% $481 / Sq Ft
06/24/2012 06/24/12 Price Changed $348,000 -3.3% $516 / Sq Ft
06/15/2012 06/15/12 For Sale $359,900 -- $533 / 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 $2,284 $283,850 $85,150 $198,700
2023 $2,287 $283,720 $85,120 $198,600
2022 $2,441 $300,970 $90,290 $210,680
2021 $2,393 $294,870 $88,460 $206,410
2020 $2,447 $287,830 $86,350 $201,480
2019 $1,863 $294,070 $88,220 $205,850
2018 $1,712 $274,790 $0 $0
2017 $1,864 $291,700 $0 $0
2016 $1,811 $284,720 $0 $0
2015 $1,844 $288,320 $0 $0
2014 -- $329,110 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC2134936

Bright MLS

APN: 1388-2023