NOT LISTED FOR SALE

5101 Connecticut Ave NW Unit 3 Washington, DC 20008

Chevy Chase Neighborhood

Estimated Value: $462,000

1 Bed
1 Bath
722 Sq Ft
$106/mo HOA Fee

Last Sold March 04, 2022

Last sale price $465,000 $644 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,986/month

15 Days on Market

Highlights

  • New Construction
  • Property is in excellent condition
  • Wall Furnace
  • Ben Murch Elementary School Rated A-
  • Wood Siding

About This Home

As of March 2022

Welcome to VCI Lofts, Chevy Chase DC's newest boutique luxury building. Brand new contemporary construction consists of 8 one and two bedroom units.

Sleek, modern finishes, open floor plans, light filled, and clean lines distinguish VCI lofts from the rest. Starting with the combination of wood and steel exterior followed by the luxury custom interior design, each unit is truly the pinnacle of luxury city living.

Standard features include gourmet kitchens with top end Bosch appliances, waterfall quartz countertops, floor to ceiling windows, and wide plank hardwood floors. With lovely city views and an amazing location, VCI Lofts is an unbeatable place to live.

The building is walking distance to endless restaurant options and shops, and Tenleytown metro station is a 5 minute walk away.

Last Agent to Sell the Property

Samer Kuraishi

Samson Properties License #BR98376258 Listed on: 01/20/2022

Samson Properties

Co-Listed By

Blake Hering

Samson Properties License #SP98378129

Last Buyer's Agent

Aret Koseian

Artifact Homes License #0225219647

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 348

HOA Fees

  • $106 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Wood Siding
  • Steel Siding

Interior Spaces

  • 722 Sq Ft Home
  • Property has 1 Level
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • Ductless Heating Or Cooling System
  • Wall Furnace
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • Property is in excellent condition

Listing and Financial Details

  • Assessor Parcel Number 1989//0044

Community Details

Overview

  • Association fees include common area maintenance
  • Mid-Rise Condominium
  • Chevy Chase Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Year Built

Built in 2021 | New Construction

Lot Details

0

HOA Fees

$106 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Unit/Flat
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: Yes
  • Story List: Main
  • Year Built: 2021
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to VCI Lofts, Chevy Chase DC's newest boutique luxury building. Brand new contemporary construction consists of 8 one and two bedroom units. Sleek, modern finishes, open floor plans, light filled, and clean lines distinguish VCI lofts from the rest. Starting with the combination of wood and steel exterior followed by the luxury custom interior design, each unit is truly the pinnacle of luxury city living. Standard features include gourmet kitchens with top end Bosch appliances, waterfall quartz countertops, floor to ceiling windows, and wide plank hardwood floors. With lovely city views and an amazing location, VCI Lofts is an unbeatable place to live. The building is walking distance to endless restaurant options and shops, and Tenleytown metro station is a 5 minute walk away.
  • Washer Dryer Hookups YN: Yes
  • Special Features: NewHome
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 1
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 722
  • Living Area Sq Ft: 722
  • Price Per Sq Ft: 664.68
  • Above Grade Finished Sq Ft: 722
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5101

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: Concrete, Wood Siding, Steel Siding
  • Construction Completed: 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: No
  • Cooling Fuel: Electric
  • Cooling Type: Ductless/Mini-Split
  • Heating Fuel: Electric
  • Heating Type: Wall Unit
  • 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: 105.99
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance
  • HOA: No
  • Senior Community: No

Schools

  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • School District Key: 121140357950
  • School District Source: Listing Agent

Lot Info

  • Land Assessed Value: 424720.00
  • Property Condition: Excellent
  • Soil Types: Unknown
  • Year Assessed: 2020
  • Zoning: RA-2
  • In City Limits: Yes

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16023629
  • Tax Annual Amount: 9780.00
  • Assessor Parcel Number: 1989//0044
  • Tax Year: 2020
  • Close Date: 03/04/2022

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2022
Closed on
Mar 4, 2022
Sold by
Dv Connecticut Llc
Bought by
Rahnama Ashraf
Seller's Agent
Samer Kuraishi
Samson Properties
Buyer's Agent
Aret Koseian
Artifact Homes
List Price
$479,900
Sold Price
$465,000
Premium/Discount to List
-$14,900
-3.1%
Current Estimated Value
$462,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,000
Avg. Annual Appreciation
-0.19%
Original Mortgage
$418,500
Outstanding Balance
$394,487
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$67,513
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
Rahnama Ashraf $465,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rahnama Ashraf $418,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2022 03/04/22 Sold $465,000 -3.1% $644 / Sq Ft
02/04/2022 02/04/22 Pending -- -- --
01/20/2022 01/20/22 For Sale $479,900 -- $665 / 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 $4,202 $509,550 $152,860 $356,690
2023 $3,808 $462,700 $138,810 $323,890
2022 $3,816 $462,700 $138,810 $323,890
2021 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC2031056

Bright MLS

APN: 1989-2011