NOT LISTED FOR SALE

5040 1st St NW Unit 102 Washington, DC 20011

Petworth Neighborhood

Estimated Value: $239,000 - $336,000

1 Bed
1 Bath
760 Sq Ft
$266/mo HOA Fee

Last Sold November 15, 2017

Last sale price $271,900 $358 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,881/month

Highlights

  • Open Floorplan
  • Combination Kitchen and Living
  • Breakfast Area or Nook
  • Traditional Architecture
  • Upgraded Countertops
  • Cooling Available

About This Home

As of November 2017

Bright & Luxurious in Petworth! Impeccably maintained spacious apartment with open floor plan, granite countertops, stainless steel appliances, washer/dryer in-unit, ceramic tile in bathroom, new carpet, tons of natural light and in-unit storage, including custom walk-in closet! Building has bike storage, huge courtyard with grill and rooftop terrace! Furniture available for sale. 2 Metro Stations

Last Agent to Sell the Property

Denise Greene

(202) 642-4579 denise@denisemgreenehomes.com RLAH @properties License #0225235085 Listed on: 09/11/2017

RLAH @properties

Last Buyer's Agent

Pooya Rezai

(202) 262-3188 preza09@gmail.com Coldwell Banker Realty - Washington

Coldwell Banker Realty - Washington

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,105

Year Built

  • Built in 1937 | Remodeled in 2009

Lot Details

  • 523

HOA Fees

  • $266 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 760 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Window Treatments
  • Entrance Foyer
  • Combination Kitchen and Living
  • Home Security System
  • Stacked Washer and Dryer

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Utilities

  • Cooling Available
  • Heat Pump System
  • Electric Water Heater
  • Public Septic

Additional Features

  • Level Entry For Accessibility
  • Property is in very good condition

Listing and Financial Details

  • Tax Lot 2002
  • Assessor Parcel Number 3403//2002

Community Details

Overview

  • Association fees include management, insurance, sewer, snow removal, water, trash, lawn maintenance, common area maintenance, exterior building maintenance
  • 13 Units
  • Low-Rise Condominium
  • Petworth Community
  • Petworth Subdivision

Amenities

  • Common Area

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,105

Year Built

Built in 1937 | Remodeled in 2009

Lot Details

0

HOA Fees

$266 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional
  • Accessibility Features: Level Entry - Main
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2017-09-11
  • Year Built: 1937
  • Year Renovated: 2009
  • Remarks Public: Bright & Luxurious in Petworth! Impeccably maintained spacious apartment with open floor plan, granite countertops, stainless steel appliances, washer/dryer in-unit, ceramic tile in bathroom, new carpet, tons of natural light and in-unit storage, including custom walk-in closet! Building has bike storage, huge courtyard with grill and rooftop terrace! Furniture available for sale. 2 Metro Stations
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked, Water Heater
  • Interior Amenities: Breakfast Area, Combination Kitchen/Living, Upgraded Countertops, Window Treatments, Floor Plan - Open
  • Fireplace: No
  • Entry Location: Basement
  • Foundation Details: Slab
  • Levels Count: 1
  • Room List: Living Room, Primary Bedroom, Kitchen, Foyer
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 760
  • Living Area Sq Ft: 760
  • Price Per Sq Ft: 361.71
  • Above Grade Finished Sq Ft: 760
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5040

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
  • Construction Materials: Brick
  • Pool Private: 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: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Security System
  • Sewer/Septic System: Public Septic
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 265.50
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds
  • HOA Condo Co-Op Fee Includes: Management, Insurance, Sewer, Snow Removal, Water, Trash, Lawn Maintenance, Common Area Maintenance, Ext Bldg Maint
  • HOA Condo Co-Op Rules: Pets - Allowed
  • HOA: No
  • Senior Community: No

Schools

  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • School District Key: 121140357950

Lot Info

  • Improvement Assessed Value: 154390.00
  • Land Assessed Value: 66160.00
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Soil Types: Urban Land-Sassafras-Chillum
  • Year Assessed: 2016
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16165597
  • Tax Annual Amount: 1105.16
  • Assessor Parcel Number: 3403//2002
  • Tax Lot: 2002
  • Tax Total Finished Sq Ft: 759
  • Tax Year: 2016
  • Close Date: 11/15/2017

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2017
Closed on
Nov 15, 2017
Sold by
Greene Denise M
Bought by
Solomon Brandon
Seller's Agent
Denise Greene
RLAH @properties
Buyer's Agent
Pooya Rezai
Coldwell Banker Realty - Washington
List Price
$284,900
Sold Price
$271,900
Premium/Discount to List
-$13,000
-4.56%
Current Estimated Value
$286,304

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,404
Avg. Annual Appreciation
0.65%
Original Mortgage
$258,305
Outstanding Balance
$216,447
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$69,857
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Solomon Brandon $271,900 Mid-Atlantic Stlmnt Svcs Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Solomon Brandon $258,305
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/15/2017 11/15/17 Sold $271,900 -1.1% $358 / Sq Ft
10/12/2017 10/12/17 Pending -- -- --
09/28/2017 09/28/17 Price Changed $274,900 -3.5% $362 / Sq Ft
09/11/2017 09/11/17 For Sale $284,900 +87.4% $375 / Sq Ft
07/24/2012 07/24/12 Sold $152,000 -4.7% $200 / Sq Ft View Prior Sale
05/21/2012 05/21/12 Pending -- -- --
04/02/2012 04/02/12 For Sale $159,500 0.0% $210 / Sq Ft
02/26/2012 02/26/12 Pending -- -- --
01/25/2012 01/25/12 For Sale $159,500 -- $210 / 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 $1,371 $263,560 $79,070 $184,490
2023 $1,577 $284,280 $85,280 $199,000
2022 $1,530 $272,520 $81,760 $190,760
2021 $1,546 $271,510 $81,450 $190,060
2020 $1,611 $265,230 $79,570 $185,660
2019 $1,563 $258,780 $77,630 $181,150
2018 $1,323 $250,710 $0 $0
2017 $1,209 $220,550 $0 $0
2016 $1,105 $206,780 $0 $0
2015 $1,007 $189,900 $0 $0
2014 $938 $180,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000126783

Bright MLS

APN: 3403-2002