NOT LISTED FOR SALE

5040 1st St NW Unit 403 Washington, DC 20011

Petworth Neighborhood

Estimated Value: $326,000 - $413,000

2 Beds
2 Baths
986 Sq Ft
$429/mo HOA Fee

Last Sold December 02, 2020

Last sale price $399,999 $406 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $2,703/month

37 Days on Market

Highlights

  • Gourmet Kitchen
  • Wood Flooring
  • Central Heating and Cooling System
  • Colonial Architecture
  • Breakfast Area or Nook
  • Ceiling Fan

About This Home

As of December 2020

Stunning and rarely-available 2-bed, 2-bath Petworth penthouse condo in The Berkeley House! Light-filled open layout with kitchen overlooking living and dining spaces. Upgraded flooring throughout (2018-2020)! Kitchen boasts beautiful wood cabinets, granite countertops, breakfast bar, custom shelving, pendant lighting and stainless steel appliances. TWO Owner's Suites, both featuring walk-in closets, en-suite bathrooms with tiled showers and updated vanities. In-unit washer and dryer! Head to the rooftop terrace for evening relaxation with great views or enjoy the courtyard with lounge furniture and grills, perfect for BBQs. 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. Don't miss this!

Last Agent to Sell the Property

Sheena Saydam

(202) 243-7700 sheena@saydamproperties.com Keller Williams Capital Properties License #638126 Listed on: 09/24/2020

Keller Williams Capital Properties

Co-Listed By

Han Saydam

(301) 281-1750 han@saydamproperties.com Keller Williams Capital Properties

Last Buyer's Agent

Danielle Bowie

(301) 873-4307 dbowierealestate@gmail.com Keller Williams Lucido Agency License #678286

Keller Williams Lucido Agency

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,671

Year Built

  • Built in 1937

Lot Details

  • 828

HOA Fees

  • $429 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Entry on the 4th floor
  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 986 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Wood Flooring

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Schools

  • Barnard Elementary School
  • Truesdell Middle School
  • Theodore Roosevelt High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Association fees include water, sewer, common area maintenance
  • Low-Rise Condominium
  • The Berkeley House Condos
  • Petworth Community
  • Petworth Subdivision

Listing and Financial Details

  • Tax Lot 2013
  • Assessor Parcel Number 3403//2013

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,671

Year Built

Built in 1937

Lot Details

0

HOA Fees

$429 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Colonial
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 9/25/2020 12:00:00 AM
  • Year Built: 1937
  • Automatically Close On Close Date: No
  • Remarks Public: Stunning and rarely-available 2-bed, 2-bath Petworth penthouse condo in The Berkeley House! Light-filled open layout with kitchen overlooking living and dining spaces. Upgraded flooring throughout (2018-2020)! Kitchen boasts beautiful wood cabinets, granite countertops, breakfast bar, custom shelving, pendant lighting and stainless steel appliances. TWO Owner's Suites, both featuring walk-in closets, en-suite bathrooms with tiled showers and updated vanities. In-unit washer and dryer! Head to the rooftop terrace for evening relaxation with great views or enjoy the courtyard with lounge furniture and grills, perfect for BBQs. 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. Don't miss this!
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Refrigerator, Dryer, Washer, Oven/Range - Electric
  • Entry Floor: 4
  • Flooring Type: Wood
  • Interior Amenities: Breakfast Area, Ceiling Fan(s), Kitchen - Gourmet
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 986
  • Living Area Sq Ft: 986
  • Price Per Sq Ft: 400.51
  • Above Grade Finished Sq Ft: 986
  • 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
  • Roof: Flat
  • 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: Central
  • 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: 429.01
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: The Berkeley House
  • HOA Condo Co-Op Fee Includes: Water, Sewer, Common Area Maintenance
  • HOA: No
  • Senior Community: No

Schools

  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • Elementary School: BARNARD
  • Middle School: TRUESDELL
  • High School: THEODORE ROOSEVELT
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121140357950
  • School District Source: Listing Agent
  • Elementary School: BARNARD
  • High School: THEODORE ROOSEVELT
  • Middle Or Junior School: TRUESDELL

Lot Info

  • Soil Types: Urban Land Not Rated
  • Year Assessed: 2019
  • Zoning: RA-1
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2671.00
  • Assessor Parcel Number: 3403//2013
  • Tax Lot: 2013
  • Tax Total Finished Sq Ft: 986
  • Tax Year: 2019
  • Close Date: 12/02/2020

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2020
Closed on
Dec 2, 2020
Sold by
Socia-Hernandez Erin O
Bought by
Abraham Tedros
Seller's Agent
Sheena Saydam
Keller Williams Capital Properties
Buyer's Agent
Danielle Bowie
Keller Williams Lucido Agency
List Price
$399,999
Sold Price
$399,999
Current Estimated Value
$381,290

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,709
Avg. Annual Appreciation
-0.97%
Original Mortgage
$360,000
Outstanding Balance
$321,079
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$60,211

Purchase Details

Listed on
May 22, 2015
Closed on
Jun 26, 2015
Sold by
Turnago Gayle T
Bought by
Socia Kermamdez Erin O
Seller's Agent
Vishal Doddanna
Keller Williams Realty Centre
Buyer's Agent
Jon Rudick
Compass
List Price
$299,999
Sold Price
$329,999
Premium/Discount to List
$30,000
10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.60%
Original Mortgage
$319,130
Interest Rate
3.83%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 30, 2009
Sold by
The Berkeley House Llc
Bought by
Vanderhorst Gayle T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,200
Interest Rate
4.78%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Abraham Tedros $399,999 None Available
Socia Kermamdez Erin O $329,000 --
Vanderhorst Gayle T $265,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abraham Tedros $360,000
Previous Owner Socia Kermamdez Erin O $319,130
Previous Owner Vanderhorst Gayle T $260,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/02/2020 12/02/20 Sold $399,999 +1.3% $406 / Sq Ft
10/31/2020 10/31/20 Pending -- -- --
10/15/2020 10/15/20 Price Changed $394,900 -1.3% $401 / Sq Ft
10/07/2020 10/07/20 For Sale $399,999 0.0% $406 / Sq Ft
09/26/2020 09/26/20 Pending -- -- --
09/24/2020 09/24/20 For Sale $399,999 +21.2% $406 / Sq Ft
06/26/2015 06/26/15 Sold $329,999 +10.0% $334 / Sq Ft View Prior Sale
05/29/2015 05/29/15 Pending -- -- --
05/23/2015 05/23/15 For Sale $299,999 -9.1% $304 / Sq Ft
05/22/2015 05/22/15 Off Market $329,999 -- --
05/22/2015 05/22/15 For Sale $299,999 -- $304 / 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 $3,296 $402,920 $120,880 $282,040
2023 $2,801 $428,250 $128,470 $299,780
2022 $2,714 $411,790 $123,540 $288,250
2021 $2,743 $412,340 $123,700 $288,640
2020 $2,787 $403,540 $121,060 $282,480
2019 $2,672 $391,900 $117,570 $274,330
2018 $2,441 $379,700 $0 $0
2017 $2,226 $334,370 $0 $0
2016 $2,049 $312,800 $0 $0
2015 $1,837 $287,570 $0 $0
2014 -- $275,610 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DCDC486978

Bright MLS

APN: 3403-2013