NOT LISTED FOR SALE

5040 1st St NW Unit 401 Washington, DC 20011

Petworth Neighborhood

Estimated Value: $308,000 - $404,703

2 Beds
2 Baths
868 Sq Ft
$475/mo HOA Fee

Last Sold June 09, 2020

Last sale price $397,500 $458 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $2,588/month

Highlights

  • Gourmet Kitchen
  • Traditional Architecture
  • Combination Kitchen and Living
  • Open Floorplan
  • Wood Flooring
  • Terrace

About This Home

As of June 2020

Welcome to the Berkeley House! This is a spacious & modern Penthouse condo located in a boutique building in Petworth! Beautifully maintained with an abundance of natural light. It features an open floor plan with an updated kitchen, granite countertops, stainless steel appliances, and a breakfast bar. Gorgeous bamboo flooring throughout and fresh paint. 2 bedrooms with custom closet organization and attached private bathrooms. Washer & dryer in unit plus an extra deeded closet that is rarely available! Large, private, fenced in courtyard with picnic tables and 2 grills. Plus a shared rooftop terrace, perfect spot for entertaining! Walk to Fort Trotten metro or Georgia Ave/Petworth Station. Local restaurants and grocery stores nearby. Don't miss it!

Last Agent to Sell the Property

Keri Shull

(703) 947-0991 accounts@kerishullteam.com EXP Realty, LLC License #618083 Listed on: 05/06/2020

EXP Realty, LLC

Last Buyer's Agent

Lauren Donnelly

(610) 349-0884 lauren@donnellyproperties.com Compass

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,364

Year Built

  • Built in 1937

Lot Details

  • Property is Fully Fenced
  • Property is in excellent condition

HOA Fees

  • $475 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture
  • Entry on the 4th floor
  • Brick Exterior Construction

Interior Spaces

  • 868 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Recessed Lighting
  • Combination Kitchen and Living
  • Wood Flooring

Kitchen

  • Gourmet Kitchen
  • Double Oven
  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Terrace

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan

Listing and Financial Details

  • Tax Lot 2011
  • Assessor Parcel Number 3403//2011

Community Details

Overview

  • Association fees include water, sewer, trash, common area maintenance, alarm system, exterior building maintenance, lawn maintenance, snow removal
  • Low-Rise Condominium
  • Petworth Community
  • Petworth Subdivision

Amenities

  • Picnic Area
  • Common Area
  • Community Storage Space

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,364

Year Built

Built in 1937

Lot Details

0

HOA Fees

$475 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2020-05-08
  • Year Built: 1937
  • Remarks Public: Welcome to the Berkeley House! This is a spacious & modern Penthouse condo located in a boutique building in Petworth! Beautifully maintained with an abundance of natural light. It features an open floor plan with an updated kitchen, granite countertops, stainless steel appliances, and a breakfast bar. Gorgeous bamboo flooring throughout and fresh paint. 2 bedrooms with custom closet organization and attached private bathrooms. Washer & dryer in unit plus an extra deeded closet that is rarely available! Large, private, fenced in courtyard with picnic tables and 2 grills. Plus a shared rooftop terrace, perfect spot for entertaining! Walk to Fort Trotten metro or Georgia Ave/Petworth Station. Local restaurants and grocery stores nearby. Don't miss it!
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan, Oven/Range - Electric, Oven - Double, Refrigerator, Stainless Steel Appliances, Washer
  • Entry Floor: 4
  • Interior Amenities: Combination Kitchen/Living, Floor Plan - Open, Kitchen - Gourmet, Primary Bath(s), Upgraded Countertops, Wood Floors, Recessed Lighting
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 868
  • Living Area Sq Ft: 868
  • Price Per Sq Ft: 472.35
  • Above Grade Finished Sq Ft: 868
  • 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
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 475.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Picnic Area, Extra Storage
  • HOA Condo Co-Op Fee Includes: Water, Sewer, Trash, Common Area Maintenance, Alarm System, Ext Bldg Maint, Lawn Maintenance, Snow Removal
  • 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

  • Fencing: Fully
  • Improvement Assessed Value: 258740.00
  • Land Assessed Value: 110890.00
  • Outdoor Living Structures: Patio(s), Terrace, Roof
  • Property Condition: Very Good, Excellent
  • Soil Types: Unknown
  • Year Assessed: 2019
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16165594
  • Tax Annual Amount: 2364.00
  • Assessor Parcel Number: 3403//2011
  • Tax Lot: 2011
  • Tax Total Finished Sq Ft: 868
  • Tax Year: 2019
  • Close Date: 06/09/2020

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2020
Closed on
Jun 5, 2020
Sold by
Romo Raul and Hamann Robert E
Bought by
Schnur Caitlin Chystal
Seller's Agent
Keri Shull
EXP Realty, LLC
Buyer's Agent
Lauren Donnelly
Compass
List Price
$410,000
Sold Price
$397,500
Premium/Discount to List
-$12,500
-3.05%
Current Estimated Value
$366,676

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$30,824
Avg. Annual Appreciation
-1.49%
Original Mortgage
$287,500
Outstanding Balance
$254,847
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$111,829

Purchase Details

Closed on
Mar 16, 2010
Sold by
The Berkeley House Llc
Bought by
Romo Raul and Hamann Robert Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,500
Interest Rate
4.75%
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
Schnur Caitlin Chystal $397,500 None Available
Romo Raul $245,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schnur Caitlin Chystal $287,500
Previous Owner Romo Raul $230,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/09/2020 06/09/20 Sold $397,500 -3.0% $458 / Sq Ft
05/20/2020 05/20/20 Pending -- -- --
05/06/2020 05/06/20 For Sale $410,000 -- $472 / 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 $2,279 $370,320 $111,100 $259,220
2023 $2,511 $394,160 $118,250 $275,910
2022 $2,431 $378,440 $113,530 $264,910
2021 $0 $378,020 $113,410 $264,610
2020 $2,498 $369,630 $110,890 $258,740
2019 $2,364 $359,780 $107,930 $251,850
2018 $2,161 $348,570 $0 $0
2017 $1,972 $306,800 $0 $0
2016 $1,798 $287,320 $0 $0
2015 $1,637 $264,010 $0 $0
2014 -- $253,060 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC467616

Bright MLS

APN: 3403-2011