NOT LISTED FOR SALE

5040 1st St NW Unit 201 Washington, DC 20011

Petworth Neighborhood

Estimated Value: $220,000 - $311,000

1 Bed
1 Bath
598 Sq Ft
$286/mo HOA Fee

Last Sold June 02, 2021

Last sale price $289,900 $485 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $1,812/month

Highlights

  • Traditional Architecture
  • Central Air
  • Heat Pump System
  • Living Room

About This Home

As of June 2021

Here comes the sun! Live well in this bright one bedroom retreat in a boutique condo building steps to Fort Totten Metro. You’ll be happy working from home as you look out over first street and watch the flowers bloom in the front yard. Enjoy a chef’s kitchen with countertops galore, built in wine bar, and ample cabinet space for all your cooking adventures. In-unit laundry, a large walk-in closet with built ins, central a/c, updated bath, easy street parking, and plenty of storage make this a comfortable place to be. It is also situated in a highly coveted area of this walkup building - a few steps from the front door for easy access. Make your way up for fresh air on the roof deck, complete with seating and string lights for nighttime soirées. Or you can plan a gathering at one of two patios outfitted with dining sets and grills, surrounded by well maintained trees in the backyard. With a lenient pet policy that allows for cats and dogs of up to 75 lbs, a low condo fee, and a purchase price that’s a bargain, this will be your happy place for years to come.

Last Agent to Sell the Property

Maureen Andary

(202) 320-2003 maureen.andary@compass.com Compass Listed on: 03/25/2021

Compass

Last Buyer's Agent

Lee Gochman

(631) 356-4276 lee@enggarcia.com Keller Williams Capital Properties

Keller Williams Capital Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,149

Year Built

  • Built in 1937

Lot Details

  • 523

HOA Fees

  • $286 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture
  • Entry on the 2nd floor

Interior Spaces

  • 598 Sq Ft Home
  • Property has 1 Level
  • Living Room

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 2004
  • Assessor Parcel Number 3403//2004

Community Details

Overview

  • Association fees include exterior building maintenance, insurance, reserve funds, sewer, trash, water
  • Low-Rise Condominium
  • Berkley House Community
  • Washington DC Subdivision

Amenities

  • Common Area

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,149

Year Built

Built in 1937

Lot Details

0

HOA Fees

$286 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional
  • Ownership: Condominium
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-03-25
  • Year Built: 1937
  • Automatically Close On Close Date: No
  • Remarks Public: Here comes the sun! Live well in this bright one bedroom retreat in a boutique condo building steps to Fort Totten Metro. You’ll be happy working from home as you look out over first street and watch the flowers bloom in the front yard. Enjoy a chef’s kitchen with countertops galore, built in wine bar, and ample cabinet space for all your cooking adventures. In-unit laundry, a large walk-in closet with built ins, central a/c, updated bath, easy street parking, and plenty of storage make this a comfortable place to be. It is also situated in a highly coveted area of this walkup building - a few steps from the front door for easy access. Make your way up for fresh air on the roof deck, complete with seating and string lights for nighttime soirées. Or you can plan a gathering at one of two patios outfitted with dining sets and grills, surrounded by well maintained trees in the backyard. With a lenient pet policy that allows for cats and dogs of up to 75 lbs, a low condo fee, and a purchase price that’s a bargain, this will be your happy place for years to come.
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 2
  • Levels Count: 1
  • Room List: Living Room, Kitchen
  • Basement: No
  • Total Sq Ft: 598
  • Living Area Sq Ft: 598
  • Price Per Sq Ft: 484.78
  • Above Grade Finished Sq Ft: 598
  • 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, Below Grade
  • Construction Materials: Combination
  • 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: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 286.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Insurance, Reserve Funds, Sewer, Trash, Water
  • 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: 190050.00
  • Land Assessed Value: 81450.00
  • Soil Types: Urban Land Not Rated
  • Year Assessed: 2020
  • Zoning: RA-1
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16165591
  • Assessor Parcel Number: 3403//2004
  • Tax Lot: 2004
  • Tax Total Finished Sq Ft: 598
  • Tax Year: 2020
  • Close Date: 06/02/2021

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2021
Closed on
Jun 1, 2021
Sold by
Stephens Evan
Bought by
Bialostosky Don and Bialostosky Sue
Seller's Agent
Maureen Andary
Compass
Buyer's Agent
Lee Gochman
Keller Williams Capital Properties
List Price
$299,900
Sold Price
$289,900
Premium/Discount to List
-$10,000
-3.33%
Current Estimated Value
$256,852

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$33,048
Avg. Annual Appreciation
-2.71%
Original Mortgage
$200,000
Outstanding Balance
$149,857
Interest Rate
2.2%
Mortgage Type
New Conventional
Estimated Equity
$106,995

Purchase Details

Listed on
Mar 7, 2019
Closed on
Apr 11, 2019
Sold by
St Pierre Timothy
Bought by
Stephens Evan
Seller's Agent
Eugene Davidzon
Customer Realty LLC
Buyer's Agent
Charles Cornell
Compass
List Price
$274,900
Sold Price
$275,000
Premium/Discount to List
$100
0.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.48%
Original Mortgage
$247,500
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 2010
Sold by
The Berkeley House Llc
Bought by
Pierre Timothy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,424
Interest Rate
4.5%
Mortgage Type
FHA
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
Bialostosky Don $289,900 First American Title
Stephens Evan $275,000 None Available
Pierre Timothy S $159,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bialostosky Don $200,000
Previous Owner Stephens Evan $247,500
Previous Owner Pierre Timothy S $153,424
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/02/2021 06/02/21 Sold $289,900 0.0% $485 / Sq Ft
05/07/2021 05/07/21 Pending -- -- --
04/22/2021 04/22/21 Price Changed $289,900 -3.3% $485 / Sq Ft
03/25/2021 03/25/21 For Sale $299,900 +9.1% $502 / Sq Ft
04/11/2019 04/11/19 Sold $275,000 0.0% $460 / Sq Ft View Prior Sale
03/17/2019 03/17/19 Pending -- -- --
03/07/2019 03/07/19 For Sale $274,900 -- $460 / 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 $2,149 $267,960 $80,390 $187,570
2023 $2,309 $286,390 $85,920 $200,470
2022 $2,210 $273,770 $82,130 $191,640
2021 $1,546 $271,500 $81,450 $190,050
2020 $0 $264,790 $79,440 $185,350
2019 $1,887 $259,440 $77,830 $181,610
2018 $1,320 $251,340 $0 $0
2017 $1,207 $220,890 $0 $0
2016 $1,103 $207,520 $0 $0
2015 $1,005 $190,400 $0 $0
2014 $924 $178,920 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC512994

Bright MLS

APN: 3403-2004