$494,000
SOLD DEC 28, 2012

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

$369 Per Sq Ft

6% Below List Price

58 Days on Market

Highlights

  • Newly Remodeled
  • 4-minute walk to Shaw-Howard U
  • Wood Flooring
  • Open Floorplan
  • Colonial Architecture
  • Whirlpool Bathtub

About This Home

As of July 2023

JUST REDUCED!!! This sumptuous sun drenched newly constructed luxury condo features 1340 sq/ft, 2 levels, 2-MBR , 2.5-BA, high ceilings, exquisite chef s kitchen w/ 42 inch cabinetry w/ under mounted lighting, granite counters, hrdwd floors, premium stainless steel appliances and patio/terrace. Blocks to Metro, Downtown and U Street. MOTIVATED SELLER let's make a deal!

Last Agent to Sell the Property

Jonathan Rutherford

TTR Sotheby's International Realty License #604879 Listed on: 10/04/2012

TTR Sotheby's International Realty

Last Buyer's Agent

Karen Krupsaw

Redfin Corporation

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,256

Year Built

  • Built in 2012 | Newly Remodeled

Lot Details

  • Two or More Common Walls
  • Property is Fully Fenced
  • Property is in very good condition

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
  • Crown Molding
  • Ceiling height of 9 feet or more
  • Recessed Lighting
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Wood Frame Window
  • French Doors
  • Combination Kitchen and Living
  • Dining Room
  • Wood Flooring
  • Basement
  • Sump Pump

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Oven or Range
  • Stove
  • Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 2.5 Bathrooms
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Front Loading Dryer
  • Front Loading Washer

Home Security

  • Intercom
  • Exterior Cameras

Accessible Home Design

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

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Energy-Efficient Appliances
  • Patio

Listing and Financial Details

  • Tax Lot 33
  • Assessor Parcel Number 0475/S/0033

Community Details

Overview

  • $359 Other One-Time Fees
  • Built by BLUESKY HOUSING
  • The 501 Rhode Island Ave Condo Community
  • Shaw Subdivision

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,256

Year Built

Built in 2012 | Newly Remodeled

Lot Details

0

HOA Fees

$180 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Accessibility Features: 32"+ Wide Doors, 36"+ Wide Halls
  • Ownership: Condominium
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: Yes
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 2012
  • Remarks Public: JUST REDUCED!!! This sumptuous sun drenched newly constructed luxury condo features 1340 sq/ft, 2 levels, 2-MBR , 2.5-BA, high ceilings, exquisite chef s kitchen w/ 42 inch cabinetry w/ under mounted lighting, granite counters, hrdwd floors, premium stainless steel appliances and patio/terrace. Blocks to Metro, Downtown and U Street. MOTIVATED SELLER let's make a deal!
  • Special Features: 4098
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Disposal, Dryer - Front Loading, Energy Efficient Appliances, Exhaust Fan, Microwave, Oven/Range - Gas, Refrigerator, Stove, Washer - Front Loading
  • Interior Amenities: Breakfast Area, Combination Kitchen/Living, Kitchen - Table Space, Primary Bath(s), Crown Moldings, Upgraded Countertops, Wood Floors, Whirlpool/Hottub, Recessed Lighting, Floor Plan - Open
  • Window Features: Double Pane, Energy Star Qualified, Wood Frame
  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Door Features: French
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall
  • Entry Location: 1st Floor
  • Foundation Details: Block
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Laundry
  • Basement: Yes
  • Basement Type: Sump Pump
  • Living Area Units: Square Feet
  • Total Sq Ft: 1340
  • Living Area Sq Ft: 1340
  • Price Per Sq Ft: 372.39
  • Above Grade Finished Sq Ft: 1340
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 501

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • 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
  • Security: Exterior Cameras, Fire Detection System, Intercom
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • Condo Co-Op Fee: 179.66
  • Condo Co-Op Fee Frequency: Monthly
  • HOA: No

Fee Information

  • Other Fees: 359.32
  • Other Fees Frequency: One Time

Lot Info

  • Fencing: Fully
  • Land Assessed Value: 261800.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Very Good
  • Soil Types: Unknown
  • Year Assessed: 2011

Building Info

  • Builder Name: BLUESKY HOUSING

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16109800
  • Assessor Parcel Number: 0475/S/0033
  • Tax Lot: 33
  • Tax Year: 2011
  • Close Date: 12/28/2012

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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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: 1004187518

Bright MLS

APN: 0475S-2007