$310,000
SOLD JAN 22, 2025

5040 1st St NW Unit 202 Washington, DC 20011

Petworth Neighborhood
1 Bed
1 Bath
671 Sq Ft
$326/mo HOA Fee

Recently Sold

$462 Per Sq Ft

3% Above List Price

22 Days on Market

Highlights

  • Open Floorplan
  • Upgraded Countertops
  • Storage Room
  • Traditional Architecture
  • Living Room
  • En-Suite Primary Bedroom

About This Home

As of January 2025

This delightful rear corner unit is a closet-aholics dream! With both south and west facing windows, the unit gets incredible afternoon light and gorgeous sunsets overlooking the bucolic shared rear courtyard. This one bedroom condo is up just a short half flight of stairs - super easy access with a bike or stroller, and even better, the landing closet outside the unit is exclusively assigned to this unit, so storing your bike, granny cart, or other outdoor gear is easy-breezy! On entry, you'll find a full size coat closet, a cozy nook perfect for your work-from-home workstation, and an open living/dining/kitchen area with beautiful courtyard views. The in-unit laundry is housed in a spacious utility closet that houses your brand new hot water heater, a well-serviced HVAC system, and plenty of additional storage space. The generously sized bedroom has a south facing window with a large evergreen tree just outside for year-round privacy. Attached, you'll find a huge walk in closet as well as en suite bathroom. Next to the bathroom, there's yet another closet - this one is great for linens and pantry items, as it also backs to the kitchen. In side the thoughtfully laid out kitchen, you'll find stainless steel appliances, custom wood shelving, and beautiful updated cabinet pulls. Located in Petworth, you are just .5 miles from the Fort Totten metro and just two blocks off the Metropolitan Branch Trail. The boutique condominium has a roof deck, outdoor courtyard with grill, and is just two blocks from a bodega, Mama Chepa - a fabulous latina restaurant, and a short bike ride to Honeymoon Chicken, Timber Pizza, Cinder BBQ, and more! Street parking is easy and the building is pet and investor friendly.

Last Agent to Sell the Property

Jaime Willis

Compass License #SP98375007 Listed on: 09/06/2024

Compass

Last Buyer's Agent

Fredric Rogers

Coldwell Banker Realty - Washington License #SP200205967

Coldwell Banker Realty - Washington

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,785

Year Built

  • Built in 1937

HOA Fees

  • $326 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture
  • Entry on the 2nd floor
  • Brick Exterior Construction

Interior Spaces

  • 671 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Living Room
  • Storage Room

Kitchen

  • Electric Oven or Range
  • Stove
  • Microwave
  • Freezer
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Location

  • Urban Location

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 2005
  • Assessor Parcel Number 3403//2005

Community Details

Overview

  • Association fees include lawn maintenance, management, insurance, reserve funds, sewer, snow removal, water, exterior building maintenance
  • Low-Rise Condominium
  • Petworth Community
  • Petworth Subdivision

Amenities

  • Common Area
  • Community Storage Space

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,785

Year Built

Built in 1937

Lot Details

0

HOA Fees

$326 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Year Built: 1937
  • Automatically Close On Close Date: No
  • Remarks Public: This delightful rear corner unit is a closet-aholics dream! With both south and west facing windows, the unit gets incredible afternoon light and gorgeous sunsets overlooking the bucolic shared rear courtyard. This one bedroom condo is up just a short half flight of stairs - super easy access with a bike or stroller, and even better, the landing closet outside the unit is exclusively assigned to this unit, so storing your bike, granny cart, or other outdoor gear is easy-breezy! On entry, you'll find a full size coat closet, a cozy nook perfect for your work-from-home workstation, and an open living/dining/kitchen area with beautiful courtyard views. The in-unit laundry is housed in a spacious utility closet that houses your brand new hot water heater, a well-serviced HVAC system, and plenty of additional storage space. The generously sized bedroom has a south facing window with a large evergreen tree just outside for year-round privacy. Attached, you'll find a huge walk in closet as well as en suite bathroom. Next to the bathroom, there's yet another closet - this one is great for linens and pantry items, as it also backs to the kitchen. In side the thoughtfully laid out kitchen, you'll find stainless steel appliances, custom wood shelving, and beautiful updated cabinet pulls. Located in Petworth, you are just .5 miles from the Fort Totten metro and just two blocks off the Metropolitan Branch Trail. The boutique condominium has a roof deck, outdoor courtyard with grill, and is just two blocks from a bodega, Mama Chepa - a fabulous latina restaurant, and a short bike ride to Honeymoon Chicken, Timber Pizza, Cinder BBQ, and more! Street parking is easy and the building is pet and investor friendly.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Freezer, Oven/Range - Electric, Refrigerator, Stove, Washer/Dryer Stacked, Water Heater
  • Entry Floor: 2
  • Interior Amenities: Combination Kitchen/Dining, Combination Dining/Living, Upgraded Countertops, Floor Plan - Open
  • Fireplace: No
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Room List: Living Room, Primary Bedroom, Kitchen, Storage Room, Full Bath
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 671
  • Living Area Sq Ft: 671
  • Price Per Sq Ft: 447.08
  • Above Grade Finished Sq Ft: 671
  • 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: Brick
  • Spa: 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: Natural Gas
  • Heating Type: Heat Pump(s), Forced Air
  • 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: 325.76
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Extra Storage
  • HOA Condo Co-Op Fee Includes: Lawn Maintenance, Management, Insurance, Reserve Funds, Sewer, Snow Removal, Water, Ext Bldg Maint
  • 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
  • Soil Types: Unknown
  • Year Assessed: 2023
  • Zoning: RA-1
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1785.00
  • Assessor Parcel Number: 3403//2005
  • Tax Lot: 2005
  • Tax Total Finished Sq Ft: 671
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 01/22/2025

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2024
Closed on
Jan 9, 2025
Sold by
Zook Katrina
Bought by
Davis Paul
Seller's Agent
Jaime Willis
Compass
Buyer's Agent
Fredric Rogers
Coldwell Banker Realty - Washington
List Price
$300,000
Sold Price
$310,000
Premium/Discount to List
$10,000
3.33%
Views
28
Current Estimated Value
$292,286

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$17,714
Avg. Annual Appreciation
-6.47%
Original Mortgage
$154,500
Outstanding Balance
$154,225
Interest Rate
6.6%
Estimated Equity
$142,974

Purchase Details

Listed on
Apr 9, 2018
Closed on
Apr 27, 2018
Sold by
Obaigbena Alarsim M
Bought by
Zook Katrina
Seller's Agent
Denise Greene
RLAH @properties
Buyer's Agent
Jaime Willis
Compass
List Price
$300,000
Sold Price
$302,000
Premium/Discount to List
$2,000
0.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.39%
Original Mortgage
$279,000
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 2012
Sold by
The Berkeley House Llc
Bought by
Greene Denise M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,400
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 2, 2010
Sold by
The Berkeley House Llc
Bought by
Obaigbena Alarsim M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,649
Interest Rate
5.12%
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 Type Sale Price Title Company
Deed $310,000 Westcor Land Title Insurance C
Special Warranty Deed $302,000 Kvs Title Llc
Warranty Deed $152,000 --
Special Warranty Deed $185,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $154,500 No Value Available
Closed $155,500 New Conventional
Previous Owner $279,000 New Conventional
Previous Owner $176,154 FHA
Previous Owner $144,400 New Conventional
Previous Owner $181,649 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2025 01/22/25 Sold $310,000 +3.3% $462 / Sq Ft
09/24/2024 09/24/24 Price Changed $299,990 0.0% $447 / Sq Ft
09/06/2024 09/06/24 For Sale $300,000 -0.7% $447 / Sq Ft
05/01/2018 05/01/18 Sold $302,000 +0.7% $449 / Sq Ft
04/16/2018 04/16/18 Pending -- -- --
04/09/2018 04/09/18 For Sale $300,000 -- $446 / 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 $1,589 $289,180 $86,750 $202,430
2023 $1,785 $308,680 $92,600 $216,080
2022 $1,726 $295,480 $88,640 $206,840
2021 $1,734 $293,680 $88,100 $205,580
2020 $1,793 $286,650 $85,990 $200,660
2019 $1,746 $280,290 $84,090 $196,200
2018 $1,996 $271,540 $0 $0
2017 $2,029 $238,760 $0 $0
2016 $1,905 $224,090 $0 $0
2015 $1,748 $205,690 $0 $0
2014 $1,643 $193,260 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC2157906

Bright MLS

APN: 3403-2005