NOT LISTED FOR SALE

5042 Sherier Place NW Washington, DC 20016

Palisades Neighborhood

Estimated Value: $2,884,200 - $4,157,000

5 Beds
4.5 Baths
5,381 Sq Ft
$625/Sq Ft Est. Value

Last Sold February 13, 2015

Last sale price $2,195,000 $408 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $20,088/month

132 Days on Market

Highlights

  • Newly Remodeled
  • Gourmet Kitchen
  • Open Floorplan
  • Key Elementary School Rated A
  • 0.25 Acre Lot
  • Craftsman Architecture

About This Home

As of February 2015

Exquisite New Construction designed by Studio Z & built by Michael Joy/Palisades Dvl. 5,000+ sf of custom finished living space on beautifully landscaped 10,000+ sf lot w/big backyard. Open flr plan, soaring ceilings, hrdwd flrs, custom built-ins, crown moldings. Chef's Kitch, Fam Rm w/FP, Stone Patio & Huge Backyrd, Spacious Master w/Luxury BA, LL Rec Rm & attached 2 Car Gar!

Last Agent to Sell the Property

William Abbott

TTR Sotheby's International Realty Listed on: 09/05/2014

Last Buyer's Agent

Nancy Taylor Bubes

Washington Fine Properties, LLC License #0225019868

Washington Fine Properties, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,837

Year Built

  • Built in 2014 | Newly Remodeled

Lot Details

  • 0.25 Acre Lot
  • Back Yard Fenced
  • Landscaped
  • Extensive Hardscape
  • Private Lot
  • The property's topography is level
  • Property is in very good condition

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Craftsman Architecture
  • Shingle Roof
  • HardiePlank Type

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Built-In Features
  • Chair Railings
  • Wainscoting
  • Beamed Ceilings
  • Tray Ceiling
  • 2 Fireplaces
  • Fireplace Mantel
  • Double Pane Windows
  • Insulated Windows
  • Insulated Doors
  • Mud Room
  • Dining Area
  • Game Room
  • Wood Flooring

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Butlers Pantry
  • Gas Oven or Range
  • Six Burner Stove
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Bathroom
  • 4.5 Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Finished Basement

  • Connecting Stairway
  • Basement Windows

Home Security

  • Home Security System
  • Fire and Smoke Detector
  • Fire Sprinkler System
  • Flood Lights

Outdoor Features

  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Underground Utilities
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Built by PALISADES DEVELOPMENT, INC.
  • Palisades Subdivision

Listing and Financial Details

  • Tax Lot 89
  • Assessor Parcel Number 1413//0089

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,837

Year Built

Built in 2014 | Newly Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Craftsman
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: Yes
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2014
  • Remarks Public: Exquisite New Construction designed by Studio Z & built by Michael Joy/Palisades Dvl. 5,000+ sf of custom finished living space on beautifully landscaped 10,000+ sf lot w/big backyard. Open flr plan, soaring ceilings, hrdwd flrs, custom built-ins, crown moldings. Chef's Kitch, Fam Rm w/FP, Stone Patio & Huge Backyrd, Spacious Master w/Luxury BA, LL Rec Rm & attached 2 Car Gar!
  • Special Features: 4098
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Disposal, Exhaust Fan, Icemaker, Microwave, Oven/Range - Gas, Range Hood, Six Burner Stove
  • Interior Amenities: Kitchen - Gourmet, Kitchen - Island, Breakfast Area, Dining Area, Butlers Pantry, Primary Bath(s), Built-Ins, Chair Railings, Upgraded Countertops, Wainscotting, Wood Floors, Floor Plan - Open
  • Window Features: Insulated, Double Pane
  • Fireplace Features: Mantel(s)
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Door Features: Insulated
  • Wall Ceiling Types: Dry Wall, Tray Ceilings, Beamed Ceilings
  • Entry Location: Center Hall
  • Levels Count: 3+
  • Room List: Game Room, Laundry, Mud Room
  • Basement: Yes
  • Basement Type: Connecting Stairway, Fully Finished, Daylight, Partial, Windows
  • Living Area Units: Square Feet
  • Total Sq Ft: 6162
  • Living Area Sq Ft: 5381
  • Price Per Sq Ft: 549.02
  • Above Grade Finished Sq Ft: 3998
  • Above Grade Unfinished Sq Ft: 400
  • Below Grade Finished Sq Ft: 1383
  • Below Grade Sq Ft: 381
  • Total Below Grade Sq Ft: 1764
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5042

Beds/Baths

  • Bedrooms: 5
  • Lower Level Bedroom: 1
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 3
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Hardiplank Type
  • Construction Completed: No
  • Exterior Features: Street Lights, Sidewalks, Flood Lights, Extensive Hardscape
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Sprinkler System - Indoor, Smoke Detector, Security System
  • Sewer/Septic System: Public Sewer
  • Utilities: Under Ground
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Lot Info

  • Fencing: Rear
  • Lot Features: Landscaping, Private
  • Lot Size Acres: 0.25
  • Lot Size Area: 10897
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10897.00
  • Outdoor Living Structures: Patio(s), Porch(es)
  • Property Condition: Very Good
  • Soil Types: Unknown
  • Topography: Level

Building Info

  • Builder Name: PALISADES DEVELOPMENT, INC.

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16168473
  • Assessor Parcel Number: 1413//0089
  • Tax Lot: 89
  • Tax Total Finished Sq Ft: 4611
  • Close Date: 02/13/2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2014
Closed on
Feb 13, 2015
Sold by
Palisades Development Inc
Bought by
Pitt Jonathan B
Seller's Agent
William Abbott
TTR Sotheby's International Realty
Buyer's Agent
Nancy Taylor Bubes
Washington Fine Properties, LLC
List Price
$2,295,000
Sold Price
$2,195,000
Premium/Discount to List
-$100,000
-4.36%
Current Estimated Value
$3,363,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,168,550
Avg. Annual Appreciation
3.44%
Original Mortgage
$1,865,750
Outstanding Balance
$1,448,672
Interest Rate
3.74%
Mortgage Type
New Conventional
Estimated Equity
$1,691,834
Source: Public Records

Range of Values:

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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
Pitt Jonathan B $2,195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pitt Jonathan B $1,015,000
Open Pitt Jonathan B $1,865,750
Previous Owner Palisades Development Inc $100,000
Previous Owner Palisades Development Inc $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2015 02/13/15 Sold $2,195,000 0.0% $408 / Sq Ft
01/15/2015 01/15/15 Pending -- -- --
10/24/2014 10/24/14 Price Changed $2,195,000 -2.4% $408 / Sq Ft
10/02/2014 10/02/14 Price Changed $2,249,000 -2.0% $418 / Sq Ft
09/05/2014 09/05/14 For Sale $2,295,000 +253.1% $427 / Sq Ft
06/07/2013 06/07/13 Sold $650,000 -25.7% $130 / Sq Ft
04/29/2013 04/29/13 Pending -- -- --
09/24/2012 09/24/12 For Sale $875,000 -- $175 / 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 $22,837 $2,773,720 $805,770 $1,967,950
2023 $22,301 $2,707,650 $773,950 $1,933,700
2022 $21,411 $2,597,690 $723,040 $1,874,650
2021 $20,918 $2,537,240 $719,460 $1,817,780
2020 $20,645 $2,504,490 $704,730 $1,799,760
2019 $19,668 $2,388,680 $679,710 $1,708,970
2018 $19,567 $2,375,340 $0 $0
2017 $18,941 $2,300,860 $0 $0
2016 $18,654 $2,266,250 $0 $0
2015 $11,639 $2,265,980 $0 $0
2014 $3,989 $469,270 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2015

    William Abbott

    TTR Sotheby's International Realty

    Section Image
  • Nancy Taylor Bubes

    Buyer's Agent in 2015

    Nancy Taylor Bubes

    Washington Fine Properties

    (202) 256-2164

    7 in this area

    403 Total Sales

    Nancy Taylor Bubes
    Section Image
  • Charles Holzwarth

    Seller's Agent in 2013

    Charles Holzwarth

    Washington Fine Properties, LLC

    (202) 285-2616

    41 Total Sales

    Charles Holzwarth
    Section Image
  • Stephanie Bredahl

    Seller Co-Listing Agent in 2013

    Stephanie Bredahl

    Compass

    (202) 821-5145

    42 Total Sales

    Stephanie Bredahl
    Section Image
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Map

Source: Bright MLS

MLS Number: 1003194912

Bright MLS

APN: 1413-0089

District of Columbia District of Columbia County Washington 20016 Palisades

5042 Sherier Place NW, Washington, DC

This home is located at 5042 Sherier Place NW, Washington, DC 20016 since 05 September 2014 and is currently estimated at $3,363,550, approximately $625 per square foot. This property was built in 2014. 5042 Sherier Place NW is a home located in District of Columbia with nearby schools including Key Elementary School, Hardy Middle School, and Jackson Reed High School.

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