NOT LISTED FOR SALE

507 M St NE Unit 1 Washington, DC 20002

Atlas District Neighborhood

Estimated Value: $716,000 - $923,000

2 Beds
2.5 Baths
1,911 Sq Ft
$250/mo HOA Fee

Last Sold July 20, 2021

Last sale price $720,000 $377 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $5,294/month

32 Days on Market

Highlights

  • Contemporary Architecture
  • Den
  • Dining Room
  • Stuart-Hobson Middle School Rated A-
  • Forced Air Heating and Cooling System
  • 5-minute walk to Swampoodle Park

About This Home

As of July 2021

Welcome to 507 M Street NE #1! This sunny, expansive 2 bedroom, 2.5 bath condo offers nearly 2000-square feet of living space spanning two-levels. Located in the heart of DC - steps to Union Market and minutes to Union Station - this condo comes with covered, off-street parking. With gleaming hardwood floors throughout and an airy, open-concept design, this home offers everything you need in a versatile living, entertainment, and work space. Upon entry, you'll notice the floor to ceiling bay window, which makes the perfect lounge or reading nook. The main living room offers ample space for entertainment and a home office, along with a discreet powder room and large, walk-in closet. Heading into the kitchen, you'll find an island with granite counter tops, stainless steel appliances and ample cabinet storage. The "keeping room" lounge space and separate dining area lead to a private patio. The sheer size continues on the lower level, which features newly-installed light hardwood flooring. The front bedroom has space for lounging and/or an additional workspace, along with tons of closet space, and an en suite bathroom. The attached bathroom features a large walk-in closet, dual vanity, soaking tub and separate tile shower. The spacious back bedroom also offers an en suite bath with sleek ceramic tile and granite finishes. The home has a full-sized, in-unit washer and dryer, and comes with secure, off-street parking. It's in the heart of it all - minutes to the thriving H Street Corridor, Whole Foods, Trader Joe's, Gallaudet University/Gallaudet Metro, Union Station, NoMa and Capitol Hill. Schedule your tour today!

Last Listed By

Christina Cachie

Compass License #682074 Listed on: 05/06/2021

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,075

Year Built

  • Built in 2008

Lot Details

  • 915

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,911 Sq Ft Home
  • Property has 2 Levels
  • Family Room
  • Dining Room
  • Den

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • Association fees include insurance
  • Low-Rise Condominium
  • Old City I Community
  • Old City #1 Subdivision

Listing and Financial Details

  • Tax Lot 2009
  • Assessor Parcel Number 0829//2009

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,075

Year Built

Built in 2008

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2021-05-07
  • Year Built: 2008
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to 507 M Street NE #1! This sunny, expansive 2 bedroom, 2.5 bath condo offers nearly 2000-square feet of living space spanning two-levels. Located in the heart of DC - steps to Union Market and minutes to Union Station - this condo comes with covered, off-street parking. With gleaming hardwood floors throughout and an airy, open-concept design, this home offers everything you need in a versatile living, entertainment, and work space. Upon entry, you'll notice the floor to ceiling bay window, which makes the perfect lounge or reading nook. The main living room offers ample space for entertainment and a home office, along with a discreet powder room and large, walk-in closet. Heading into the kitchen, you'll find an island with granite counter tops, stainless steel appliances and ample cabinet storage. The "keeping room" lounge space and separate dining area lead to a private patio. The sheer size continues on the lower level, which features newly-installed light hardwood flooring. The front bedroom has space for lounging and/or an additional workspace, along with tons of closet space, and an en suite bathroom. The attached bathroom features a large walk-in closet, dual vanity, soaking tub and separate tile shower. The spacious back bedroom also offers an en suite bath with sleek ceramic tile and granite finishes. The home has a full-sized, in-unit washer and dryer, and comes with secure, off-street parking. It's in the heart of it all - minutes to the thriving H Street Corridor, Whole Foods, Trader Joe's, Gallaudet University/Gallaudet Metro, Union Station, NoMa and Capitol Hill. Schedule your tour today!
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Levels Count: 2
  • Room List: Dining Room, Bedroom 2, Kitchen, Family Room, Bedroom 1, Office, Full Bath
  • Basement: No
  • Total Sq Ft: 1911
  • Living Area Sq Ft: 1911
  • Price Per Sq Ft: 376.77
  • Above Grade Finished Sq Ft: 1911
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 507

Beds/Baths

  • Bedrooms: 2
  • All Lower Level Bedrooms: 2
  • Lower Level Bedroom: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 2
  • Lower Levels Bathrooms: 2.00
  • Lower Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

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: Off Street

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
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 250.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Fee Includes: Insurance
  • 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: 538900.00
  • Land Assessed Value: 230960.00
  • Soil Types: Unknown
  • Year Assessed: 2020
  • Zoning: RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16162953
  • Tax Annual Amount: 5075.00
  • Assessor Parcel Number: 0829//2009
  • Tax Lot: 2009
  • Tax Total Finished Sq Ft: 1911
  • Tax Year: 2020
  • Close Date: 07/20/2021

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2021
Closed on
Jul 12, 2021
Sold by
Alinsky Robert and Alinsky Rachel
Bought by
Weil John Mark and Schindler Dianne Ruth
Seller's Agent
Christina Cachie
Compass
Buyer's Agent
The Pearl Team
RE/MAX Allegiance
List Price
$735,000
Sold Price
$720,000
Premium/Discount to List
-$15,000
-2.04%
Total Days on Market
32
Current Estimated Value
$820,885

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,885
Avg. Annual Appreciation
3.46%
Original Mortgage
$420,000
Outstanding Balance
$385,508
Interest Rate
2.96%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$435,377

Purchase Details

Listed on
Oct 9, 2016
Closed on
Mar 13, 2017
Sold by
Panza Philomena and Battista Dolores
Bought by
Alinsky Robert and Alinsky Rachel
Seller's Agent
Barry Lieberman
BCL Properties LLC
Buyer's Agent
Megan Thiel
Long & Foster Real Estate, Inc.
List Price
$649,000
Sold Price
$624,900
Premium/Discount to List
-$24,100
-3.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.31%
Original Mortgage
$499,920
Interest Rate
4.19%
Mortgage Type
New Conventional

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
Weil John Mark $720,000 Kvs Title Llc
Alinsky Robert $624,900 Kvs Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weil John Mark $420,000
Previous Owner Alinsky Robert $499,920
Previous Owner Panza Philomena $440,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2021 07/20/21 Sold $720,000 0.0% $377 / Sq Ft
06/07/2021 06/07/21 Pending -- -- --
05/20/2021 05/20/21 Price Changed $720,000 -2.0% $377 / Sq Ft
05/06/2021 05/06/21 For Sale $735,000 +17.6% $385 / Sq Ft
03/17/2017 03/17/17 Sold $624,900 -0.8% $312 / Sq Ft
01/31/2017 01/31/17 Pending -- -- --
01/12/2017 01/12/17 Price Changed $629,900 -2.9% $315 / Sq Ft
10/09/2016 10/09/16 For Sale $649,000 0.0% $325 / Sq Ft
03/24/2015 03/24/15 Rented $2,625 +1.0% --
03/24/2015 03/24/15 Under Contract -- -- --
02/19/2015 02/19/15 For Rent $2,600 -- --
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 $5,385 $735,760 $220,730 $515,030
2023 $5,379 $731,580 $219,470 $512,110
2022 $5,976 $795,580 $238,670 $556,910
2021 $5,464 $769,860 $230,960 $538,900
2020 $5,075 $686,530 $205,960 $480,570
2019 $4,621 $618,530 $185,560 $432,970
2018 $4,278 $576,650 $0 $0
2017 $4,754 $559,300 $0 $0
2016 $4,468 $525,590 $0 $0
2015 $4,365 $513,570 $0 $0
2014 $4,077 $479,630 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Christina Cachie

    Seller's Agent in 2021

    Christina Cachie

    Compass

    (202) 431-9104

    2 in this area

    78 Total Sales

    Christina Cachie
    Section Image
  • The Pearl Team

    Buyer's Agent in 2021

    The Pearl Team

    RE/MAX

    (703) 304-3558

    1 in this area

    150 Total Sales

    The Pearl Team
    Section Image
  • Barry Lieberman

    Seller's Agent in 2017

    Barry Lieberman

    BCL Properties LLC

    (202) 255-0045

    6 Total Sales

    Barry Lieberman
    Section Image
  • Megan Thiel

    Buyer's Agent in 2017

    Megan Thiel

    Long & Foster

    (202) 810-3844

    5 in this area

    274 Total Sales

    Megan Thiel
    Section Image
  • Peter Raia

    Seller's Agent in 2015

    Peter Raia

    Coldwell Banker (NRT-Southeast-MidAtlantic)

    (202) 491-2197

    9 Total Sales

    Peter Raia
    Section Image

  • F

    Buyer's Agent in 2015

    Frenchie Davis

    Coldwell Banker (NRT-Southeast-MidAtlantic)

See All Agents

Map

Source: Bright MLS

MLS Number: DCDC519496

Bright MLS

APN: 0829-2009

District of Columbia District of Columbia County Washington 20002 Atlas District

507 M St NE Unit 1, Washington, DC

Homes for Sale in Washington, DC

This home is located at 507 M St NE Unit 1, Washington, DC 20002 since 06 May 2021 and is currently estimated at $820,885, approximately $429 per square foot. This property was built in 2008. 507 M St NE Unit 1 is a home located in District of Columbia with nearby schools including J.O. Wilson Elementary School, Stuart-Hobson Middle School, and Eastern High School.

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