NOT LISTED FOR SALE

5038 Sherier Place NW Washington, DC 20016

Palisades Neighborhood

Estimated Value: $1,339,000 - $1,601,000

4 Beds
3.5 Baths
2,853 Sq Ft
$510/Sq Ft Est. Value

Last Sold July 10, 2024

Last sale price $1,400,000 $491 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $9,146/month

3 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • No HOA
  • Key Elementary School Rated A
  • Wood Flooring
  • 5-minute walk to Palisades Community Center

About This Home

As of July 2024

Turnkey living in the heart of Palisades, this charming and surprisingly expansive home was built in 2003. Open first floor plan includes large living room w/ wood burning fireplace and large dining room. Granite and KitchenAid kitchen with a large island & deck for al fresco dining. 4 large bedrooms, 3 full baths and 1 half bath, high ceilings & hardwood floors on every level. The rear space boasts a flagstone patio w/built-in fire pit and mature plantings. The large lower level offers a large bedroom and full bath for quests/au pair suite. Recent work includes refinishing wood floors on main level and painting. This house is move in ready and 2 blocks from the Palisades Rec Center. Imagine yourself enjoying the epic Palisades Halloween and the 4th of July Parade right outside your front door. In addition, a short walk away are some of the best restaurants and shops around including Et Voila, Black Salt, Sweet Agave and the newly opened, Claudio’s Table. The nearby amenities which can also easily reached on foot include: Key Elementary School, Community Preschool of Palisades, Palisades Montessori, Fletchers Boat House, the Palisades Library, the post office and the farmer’s market each Sunday morning. Or if you prefer the serenity of DC’s finest parks, you are only steps away from the Crescent Trail and Battery Kemble. Experience hassle free living with wide sidewalks and the walkability to local schools, amazing restaurants, parks, coffee shops and more.

Last Agent to Sell the Property

Andrew O'Neill

O'Neill Realty Advisors, LLC Listed on: 06/07/2024

Last Buyer's Agent

Yue He

CENTURY 21 New Millennium License #SP40002743

CENTURY 21 New Millennium

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,637

Year Built

  • Built in 2003

Lot Details

  • 2,970 Sq Ft Lot
  • Wood Fence
  • Extensive Hardscape
  • Property is in excellent condition
  • Property is zoned R-1-B

Home Design

  • Traditional Architecture
  • Block Foundation
  • Stone Foundation
  • Stone Siding

Interior Spaces

  • Property has 3 Levels
  • Crown Molding
  • Recessed Lighting
  • Wood Burning Fireplace
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Exterior Basement Entry
  • Laundry in Basement
  • Natural lighting in basement

Home Security

  • Alarm System
  • Fire and Smoke Detector

Parking

  • 1 Parking Space
  • Paved Parking

Outdoor Features

  • Deck
  • Patio
  • Storage Shed

Utilities

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

Community Details

  • No Home Owners Association
  • Palisades Subdivision

Listing and Financial Details

  • Tax Lot 86
  • Assessor Parcel Number 1413//0086

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,637

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2024-06-07
  • Year Built: 2003
  • Automatically Close On Close Date: No
  • Building Winterized: Yes
  • Remarks Public: Turnkey living in the heart of Palisades, this charming and surprisingly expansive home was built in 2003. Open first floor plan includes large living room w/ wood burning fireplace and large dining room. Granite and KitchenAid kitchen with a large island & deck for al fresco dining. 4 large bedrooms, 3 full baths and 1 half bath, high ceilings & hardwood floors on every level. The rear space boasts a flagstone patio w/built-in fire pit and mature plantings. The large lower level offers a large bedroom and full bath for quests/au pair suite. Recent work includes refinishing wood floors on main level and painting. This house is move in ready and 2 blocks from the Palisades Rec Center. Imagine yourself enjoying the epic Palisades Halloween and the 4th of July Parade right outside your front door. In addition, a short walk away are some of the best restaurants and shops around including Et Voila, Black Salt, Sweet Agave and the newly opened, Claudio’s Table. The nearby amenities which can also easily reached on foot include: Key Elementary School, Community Preschool of Palisades, Palisades Montessori, Fletchers Boat House, the Palisades Library, the post office and the farmer’s market each Sunday morning. Or if you prefer the serenity of DC’s finest parks, you are only steps away from the Crescent Trail and Battery Kemble. Experience hassle free living with wide sidewalks and the walkability to local schools, amazing restaurants, parks, coffee shops and more.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer, Oven/Range - Gas, Refrigerator, Microwave, Disposal, Dishwasher, Dryer
  • Interior Amenities: Breakfast Area, Crown Moldings, Kitchen - Eat-In, Kitchen - Table Space, Recessed Lighting, Wood Floors
  • Fireplace Features: Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Stone, Other, Block
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Connecting Stairway, Daylight, Full, Full, Fully Finished, Heated, Outside Entrance, Walkout Level
  • Laundry Type: Dryer In Unit, Washer In Unit, Basement
  • Total Sq Ft: 2853
  • Living Area Sq Ft: 2853
  • Price Per Sq Ft: 739.85
  • Above Grade Finished Sq Ft: 1872
  • Below Grade Finished Sq Ft: 981
  • Total Below Grade Sq Ft: 981
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5038

Beds/Baths

  • Bedrooms: 4
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Storage Barn/Shed
  • Construction Materials: Stone
  • Exterior Features: Extensive Hardscape
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Paved Parking, Paved Driveway
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street
  • Off Street Parking Spaces: 1

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: Electric Alarm, Security System, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

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

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Fencing: Wood
  • Lot Size Acres: 0.07
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2970.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Property Condition: Excellent
  • Soil Types: Unknown
  • Year Assessed: 2023
  • Zoning: R-1-B
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 9637.00
  • Assessor Parcel Number: 1413//0086
  • Tax Lot: 86
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 07/10/2024

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2024
Closed on
Jul 9, 2024
Sold by
Gerstenmaier Aaron and Noonan Katharine
Bought by
Wu Wenliu
Seller's Agent
Andrew O'Neill
O'Neill Realty Advisors, LLC
Buyer's Agent
Yue He
CENTURY 21 New Millennium
List Price
$1,385,000
Sold Price
$1,400,000
Premium/Discount to List
$15,000
1.08%
Views
112
Current Estimated Value
$1,519,645

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,645
Avg. Annual Appreciation
7.67%
Original Mortgage
$650,000
Outstanding Balance
$645,082
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$871,312

Purchase Details

Listed on
May 4, 2017
Closed on
Jul 6, 2017
Sold by
Solomon Matthew C and Peterson Kathrina S
Bought by
Gerstenmaier Aaron and Noonan Katharine
Seller's Agent
Jennifer Knoll
Compass
Buyer's Agent
Kathleen Slawta J.D.
Stuart & Maury, Inc.
List Price
$1,090,000
Sold Price
$1,165,000
Premium/Discount to List
$75,000
6.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.66%
Original Mortgage
$932,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2004
Sold by
Lamy Roberto
Bought by
Solomon Matthew C and Peterson,Kathrina S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$588,000
Interest Rate
5.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2000
Sold by
Suiter Albany L
Bought by
Lamy Rita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,600
Interest Rate
7.83%
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
Wu Wenliu $1,400,000 Kvs Title
Gerstenmaier Aaron $1,165,000 None Available
Solomon Matthew C $735,000 --
Lamy Rita $172,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wu Wenliu $650,000
Previous Owner Gerstenmaier Aaron $895,700
Previous Owner Gerstenmaier Aaron $932,000
Previous Owner Solomon Matthew C $100,000
Previous Owner Solomon Matthew C $581,000
Previous Owner Solomon Matthew C $589,650
Previous Owner Solomon Matthew C $589,650
Previous Owner Solomon Matthew C $590,000
Previous Owner Solomon Matthew C $588,000
Previous Owner Lamy Rita $237,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2024 07/10/24 Sold $1,400,000 +1.1% $491 / Sq Ft
06/11/2024 06/11/24 Pending -- -- --
06/07/2024 06/07/24 For Sale $1,385,000 +18.9% $485 / Sq Ft
07/10/2017 07/10/17 Sold $1,165,000 +5.9% $406 / Sq Ft
05/07/2017 05/07/17 Pending -- -- --
05/04/2017 05/04/17 Price Changed $1,100,000 +0.9% $383 / Sq Ft
05/04/2017 05/04/17 For Sale $1,090,000 -- $380 / 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 $9,906 $1,252,480 $569,760 $682,720
2023 $9,637 $1,217,770 $547,250 $670,520
2022 $9,307 $1,173,620 $518,240 $655,380
2021 $9,215 $1,160,430 $515,680 $644,750
2020 $8,982 $1,144,250 $498,810 $645,440
2019 $8,172 $1,118,490 $489,400 $629,090
2018 $7,442 $948,910 $0 $0
2017 $7,278 $928,730 $0 $0
2016 $7,124 $909,810 $0 $0
2015 $6,869 $879,550 $0 $0
2014 $6,794 $869,510 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Andrew O'Neill

    Seller's Agent in 2024

    Andrew O'Neill

    O'Neill Realty Advisors, LLC

    (301) 801-1166

    6 in this area

    20 Total Sales

    Section Image
  • Yue He

    Buyer's Agent in 2024

    Yue He

    Century 21 New Millennium

    (814) 954-2556

    1 in this area

    170 Total Sales

    Section Image
  • Jennifer Knoll

    Seller's Agent in 2017

    Jennifer Knoll

    Compass

    (202) 441-2301

    133 Total Sales

    Section Image
  • Kathleen Slawta J.D.

    Buyer's Agent in 2017

    Kathleen Slawta J.D.

    Stuart and Maury

    (301) 980-5970

    1 in this area

    48 Total Sales

    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DCDC2144632

Bright MLS

APN: 1413-0086

District of Columbia District of Columbia County Washington 20016 Palisades

5038 Sherier Place NW, Washington, DC

This home is located at 5038 Sherier Place NW, Washington, DC 20016 since 07 June 2024 and is currently estimated at $1,455,788, approximately $510 per square foot. This property was built in 2003. 5038 Sherier Place NW is a home located in District of Columbia with nearby schools including Key Elementary School, Hardy Middle School, and Jackson Reed High School.

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