NOT LISTED FOR SALE

5040 1st St NW Unit 103 Washington, DC 20011

Petworth Neighborhood

Estimated Value: $321,000 - $395,000

2 Beds
2 Baths
984 Sq Ft
$476/mo HOA Fee

Last Sold February 19, 2021

Last sale price $382,500 $389 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,684/month

Highlights

  • Art Deco Architecture
  • Combination Kitchen and Living
  • Picnic Area
  • Wood Flooring
  • Upgraded Countertops
  • Forced Air Heating and Cooling System

About This Home

As of February 2021

Price adjusted and ready to occupy! This like new 2-bed, 2-bath Petworth condo is located in The Berkeley House! This ground level unit gives you convenient access to two of the four outdoor spaces. With such a small building these areas are often under utilized making them pretty private. The rear yard is filled with mature trees, professional landscaping, and gas grills. The rooftop deck offers a place to escape under the sky. And the fenced in front area offers a place for socially distant gatherings with your neighbors. An open layout with newer gourmet kitchen appliances, breakfast bar (or skip breakfast and just use the bar)..., granite surfaces, and pendant lighting overlooks the living and dining spaces. TWO generous bedrooms, both featuring walk-in closets, en-suite bathrooms with tiled showers. In-unit washer and dryer and new flooring in both bedrooms. This floorplan is over 900 sq. feet so there is no sacrifice to closet or storage space. Pet Friendly! Amazing location with easy access to Fort Totten metro (green/yellow/ red lines) and countless grocery, shopping and restaurant options, and all that Petworth has to offer.

Last Agent to Sell the Property

Greylin Thomas

(703) 929-8449 gthomas@greylinthomas.com Compass License #5003158 Listed on: 12/03/2020

Compass

Last Buyer's Agent

Kyle Doman

(202) 341-3054 kyle@domanproperties.com Samson Properties License #SP533441

Samson Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,542

Year Built

  • Built in 1937 | Remodeled in 2010

Lot Details

  • Property is in good condition

HOA Fees

  • $476 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Art Deco Architecture
  • Entry on the 1st floor
  • Brick Exterior Construction

Interior Spaces

  • 984 Sq Ft Home
  • Property has 1 Level
  • Combination Kitchen and Living
  • Window Bars

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Upgraded Countertops

Flooring

  • Wood
  • Partially Carpeted
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 2003
  • Assessor Parcel Number 3403//2003

Community Details

Overview

  • Association fees include water, trash, snow removal, reserve funds, management, common area maintenance, lawn maintenance, sewer
  • Low-Rise Condominium
  • The Berkeley House Condos
  • Petworth Community
  • Petworth Subdivision

Amenities

  • Picnic Area
  • Common Area

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,542

Year Built

Built in 1937 | Remodeled in 2010

Lot Details

0

HOA Fees

$476 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Art Deco
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2020-12-03
  • Year Built: 1937
  • Year Renovated: 2010
  • Automatically Close On Close Date: No
  • Remarks Public: Price adjusted and ready to occupy! This like new 2-bed, 2-bath Petworth condo is located in The Berkeley House! This ground level unit gives you convenient access to two of the four outdoor spaces. With such a small building these areas are often under utilized making them pretty private. The rear yard is filled with mature trees, professional landscaping, and gas grills. The rooftop deck offers a place to escape under the sky. And the fenced in front area offers a place for socially distant gatherings with your neighbors. An open layout with newer gourmet kitchen appliances, breakfast bar (or skip breakfast and just use the bar)..., granite surfaces, and pendant lighting overlooks the living and dining spaces. TWO generous bedrooms, both featuring walk-in closets, en-suite bathrooms with tiled showers. In-unit washer and dryer and new flooring in both bedrooms. This floorplan is over 900 sq. feet so there is no sacrifice to closet or storage space. Pet Friendly! Amazing location with easy access to Fort Totten metro (green/yellow/ red lines) and countless grocery, shopping and restaurant options, and all that Petworth has to offer.
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Stove, Microwave, Refrigerator, Dishwasher, Dryer, Washer
  • Entry Floor: 1
  • Flooring Type: Ceramic Tile, Carpet, Partially Carpeted
  • Interior Amenities: Combination Kitchen/Living, Upgraded Countertops, Wood Floors
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 984
  • Living Area Sq Ft: 984
  • Price Per Sq Ft: 381.00
  • Above Grade Finished Sq Ft: 984
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5040

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

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: Electric
  • Security: Main Entrance Lock, Window Grills
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 476.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: The Berkeley House
  • HOA Condo Co-Op Amenities: Common Grounds, Picnic Area
  • HOA Condo Co-Op Fee Includes: Water, Trash, Snow Removal, Reserve Funds, Management, Common Area Maintenance, Lawn Maintenance, Sewer
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 268070.00
  • Land Assessed Value: 114880.00
  • Property Condition: Good
  • Soil Types: Neshaminy-Urban Land
  • Year Assessed: 2020
  • Zoning: R
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16165590
  • Tax Annual Amount: 2542.00
  • Assessor Parcel Number: 3403//2003
  • Tax Lot: 2003
  • Tax Total Finished Sq Ft: 984
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 02/19/2021

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2020
Closed on
Feb 19, 2021
Sold by
Grant Kathryn A
Bought by
Riotta Christopher Charles and Rogers Lamar Derrell
Seller's Agent
Greylin Thomas
Compass
Buyer's Agent
Kyle Doman
Samson Properties
List Price
$384,900
Sold Price
$382,500
Premium/Discount to List
-$2,400
-0.62%
Current Estimated Value
$372,576

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,924
Avg. Annual Appreciation
-0.56%
Original Mortgage
$371,025
Outstanding Balance
$331,841
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$40,735

Purchase Details

Listed on
May 14, 2016
Closed on
Jun 24, 2016
Sold by
Curtis Charles Wilbert and Tapper Natiya D
Bought by
Grant Kathryn A
Seller's Agent
Dabrielle Goodwin
Eluvial Realty
Buyer's Agent
Rory Obletz
Century 21 Redwood Realty
List Price
$349,999
Sold Price
$350,000
Premium/Discount to List
$1
0.0%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.92%
Original Mortgage
$297,500
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2010
Sold by
The Berkeley House Llc
Bought by
Curtis Ii Charles Wilbert and Tapper Natiya D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,653
Interest Rate
5.5%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Riotta Christopher Charles $382,500 Millennium Title&Abstract Co
Grant Kathryn A $350,000 Title Forward
Curtis Ii Charles Wilbert $240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Riotta Christopher Charles $371,025
Previous Owner Grant Kathryn A $297,500
Previous Owner Curtis Ii Charles Wilbert $235,653
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/19/2021 02/19/21 Sold $382,500 +2.0% $389 / Sq Ft
01/07/2021 01/07/21 Pending -- -- --
01/04/2021 01/04/21 Price Changed $374,900 -2.6% $381 / Sq Ft
12/03/2020 12/03/20 For Sale $384,900 +10.0% $391 / Sq Ft
06/24/2016 06/24/16 Sold $350,000 0.0% $356 / Sq Ft View Prior Sale
05/24/2016 05/24/16 Pending -- -- --
05/14/2016 05/14/16 For Sale $349,999 -- $356 / 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 $3,052 $374,210 $112,260 $261,950
2023 $3,256 $397,750 $119,320 $278,430
2022 $3,134 $382,450 $114,730 $267,720
2021 $2,818 $382,950 $114,880 $268,070
2020 $2,542 $374,770 $112,430 $262,340
2019 $2,458 $363,970 $109,190 $254,780
2018 $2,249 $352,640 $0 $0
2017 $2,052 $313,880 $0 $0
2016 $1,854 $293,640 $0 $0
2015 $1,688 $269,950 $0 $0
2014 -- $258,720 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC497990

Bright MLS

APN: 3403-2003