$615,000
SOLD JUL 13, 2023

501 Rhode Island Ave NW Unit 1 Washington, DC 20001

Shaw Neighborhood
2 Beds
2.5 Baths
1,340 Sq Ft
$180/mo HOA Fee

Recently Sold

$459 Per Sq Ft

7% Below List Price

53 Days on Market

Highlights

  • Open Floorplan
  • 4-minute walk to Shaw-Howard U
  • Combination Kitchen and Living
  • Colonial Architecture
  • Wood Flooring
  • Breakfast Area or Nook

About This Home

As of July 2023

Come see this luxurious and modern condo with many desirable features located in Shaw. The 1340 sq/ft space is spread across two levels and features TWO PRIMARY BEDROOMS each with its own en-suite bathroom. The high ceilings throughout the condo add to the luxurious feel of the space. The exquisite chef's kitchen is a standout feature, with 42 inch cabinetry, under mounted lighting, and granite countertops. The hardwood floors and premium stainless steel appliances complete the sleek and modern look of the kitchen.
The condo also features a (shared) patio /terrace, which provides additional space for outdoor relaxation and entertaining. Great location with easy access to Metro station.

Last Agent to Sell the Property

Cari Jordan

RLAH @properties License #624661 Listed on: 04/25/2023

RLAH @properties

Last Buyer's Agent

Kara Johnson

RLAH @properties License #SP696157

RLAH @properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,104

Year Built

  • Built in 2013

HOA Fees

  • $180 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 1,340 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Combination Kitchen and Living
  • Dining Room
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom

Accessible Home Design

  • Halls are 36 inches wide or more
  • Doors are 32 inches wide or more

Schools

  • Cleveland Elementary School
  • Cardozo Education Campus High School

Utilities

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

Additional Features

  • Patio
  • Property is in very good condition

Listing and Financial Details

  • Tax Lot 2007
  • Assessor Parcel Number 0475/S/2007

Community Details

Overview

  • Association fees include water
  • 2 Units
  • Low-Rise Condominium
  • 501 Rhode Island Ave Condos
  • Old City #2 Community
  • Shaw Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,104

Year Built

Built in 2013

Lot Details

0

HOA Fees

$180 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Colonial
  • Accessibility Features: 32"+ Wide Doors, 36"+ Wide Halls
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2023-04-27
  • Year Built: 2013
  • Year Renovated: 2013
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Entry Floor: 1
  • Flooring Type: Wood, Carpet
  • Interior Amenities: Breakfast Area, Combination Kitchen/Living, Kitchen - Table Space, Floor Plan - Open
  • Fireplace: No
  • Foundation Details: Block
  • Floors In Unit Count: 2
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Bathroom 2, Primary Bathroom
  • Basement: No
  • Laundry Type: Has Laundry
  • Total Sq Ft: 1340
  • Living Area Sq Ft: 1340
  • Price Per Sq Ft: 476.87
  • Above Grade Finished Sq Ft: 1340
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 501

Beds/Baths

  • Bedrooms: 2
  • All Lower Level Bedrooms: 2
  • Lower Level Bedroom: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 2
  • Lower Levels Bathrooms: 2.00
  • Lower Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • 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: Electric
  • Heating Type: Forced Air
  • 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: 180.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: 501 Rhode Island Ave
  • HOA Condo Co-Op Fee Includes: Water
  • HOA: No
  • Senior Community: No

Schools

  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • Elementary School: CLEVELAND
  • Middle School: CALL SCHOOL BOARD
  • High School: CARDOZO EDUCATION CAMPUS
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: Listing Agent
  • School District Key: 121140357950
  • School District Source: 3rd Party
  • Elementary School: CLEVELAND
  • High School: CARDOZO EDUCATION CAMPUS
  • Middle Or Junior School: CALL SCHOOL BOARD

Lot Info

  • Outdoor Living Structures: Patio(s)
  • Property Condition: Very Good
  • Soil Types: Urban Land-Beltsville-Chillum
  • Year Assessed: 2016
  • Zoning: RF-1
  • In City Limits: Yes

Green Features

  • R Factor Ceilings: 9FT

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 4104.06
  • Assessor Parcel Number: 0475/S/2007
  • Tax Lot: 2007
  • Tax Total Finished Sq Ft: 1100
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016
  • Close Date: 07/13/2023

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2023
Closed on
Jul 7, 2023
Sold by
Andrews Christine K and Andrews Thomas W
Bought by
Singleton James
Seller's Agent
Cari Jordan
RLAH @properties
Buyer's Agent
Kara Johnson
RLAH @properties
List Price
$660,000
Sold Price
$615,000
Premium/Discount to List
-$45,000
-6.82%
Views
590
Current Estimated Value
$651,026

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,026
Avg. Annual Appreciation
1.83%
Original Mortgage
$593,475
Outstanding Balance
$588,144
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$51,094

Purchase Details

Listed on
Mar 9, 2017
Closed on
May 22, 2017
Sold by
Tillemann-Dick Levin Mills
Bought by
Andrews Christine K and Andrews Thomas W
Seller's Agent
Joshua Waxman
Long & Foster Real Estate, Inc.
Buyer's Agent
Elisabeth Lin
Compass
List Price
$649,900
Sold Price
$632,400
Premium/Discount to List
-$17,500
-2.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.45%
Original Mortgage
$505,920
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 4, 2012
Closed on
Dec 28, 2012
Sold by
Paramount Dev Llc
Bought by
Tillemanndick Levi M
Seller's Agent
Jonathan Rutherford
TTR Sotheby's International Realty
Buyer's Agent
Karen Krupsaw
Redfin Corporation
List Price
$525,000
Sold Price
$494,000
Premium/Discount to List
-$31,000
-5.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.77%
Original Mortgage
$394,000
Interest Rate
3.38%
Mortgage Type
New Conventional
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
Deed $615,000 Westcor Land Title Insurance C
Special Warranty Deed $632,400 Pinnacle Title & Escrow Inc
Special Warranty Deed $494,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $593,475 New Conventional
Previous Owner $505,920 New Conventional
Previous Owner $394,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2023 07/13/23 Sold $615,000 -3.8% $459 / Sq Ft
05/18/2023 05/18/23 Price Changed $639,000 -3.2% $477 / Sq Ft
04/25/2023 04/25/23 For Sale $660,000 +4.4% $493 / Sq Ft
05/22/2017 05/22/17 Sold $632,400 -1.2% $472 / Sq Ft
04/15/2017 04/15/17 Pending -- -- --
04/07/2017 04/07/17 Price Changed $639,900 -1.5% $478 / Sq Ft
03/09/2017 03/09/17 For Sale $649,900 +31.6% $485 / Sq Ft
12/28/2012 12/28/12 Sold $494,000 -1.0% $369 / Sq Ft
12/01/2012 12/01/12 Pending -- -- --
11/29/2012 11/29/12 Price Changed $499,000 -5.0% $372 / Sq Ft
10/04/2012 10/04/12 For Sale $525,000 +6.3% $392 / Sq Ft
10/04/2012 10/04/12 Off Market $494,000 -- --
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 $5,256 $720,580 $216,170 $504,410
2023 $5,725 $688,260 $206,480 $481,780
2022 $5,842 $701,100 $210,330 $490,770
2021 $5,492 $659,380 $197,810 $461,570
2020 $5,263 $619,220 $185,770 $433,450
2019 $5,270 $619,960 $185,990 $433,970
2018 $4,691 $551,920 $0 $0
2017 $4,350 $511,780 $0 $0
2016 $4,104 $482,830 $0 $0
2015 $4,210 $495,250 $0 $0
2014 $3,989 $469,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC2092772

Bright MLS

APN: 0475S-2007