NOT LISTED FOR SALE

Estimated Value: $756,000 - $954,000

2 Beds
2 Baths
1,937 Sq Ft
$749/mo HOA Fee

Last Sold November 02, 2020

Last sale price $939,000 $485 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $5,768/month

Highlights

  • Eat-In Gourmet Kitchen
  • Deck
  • Victorian Architecture
  • Open Floorplan
  • Wood Flooring
  • 4-minute walk to Anna J. Cooper Circle

About This Home

As of November 2020

As seen in the 2018 LeDroit Park Home and Garden Tour and in the Washington Post, this picturesque yellow brick home is a prominent neighborhood hallmark. Beyond its storied allure, though, 531 T St NW #203 is an enchanting two-level condo that's as special inside as it is recognizable to the outside world. The homes vibrantly colored facade framed by the iconic LeDroit Park wrought-iron fence sets the tone for what youll find within: a one-of-a-kind residence where character meets creativity like never before. Inside, soaring Cathedral ceilings, new hardwood floors, and walls of windows welcome you into this magical space thats designed to inspire. Outfitted with gas cooking, custom tiling, stainless steel appliances, granite counters, and an accompanying bar set-up, the kitchen has everything you need to serve up both unforgettable events and everyday gatherings. The entire home has been recently reimagined over the past several years, with renovation costs exceeding $100,000. Enhancements include: an HVAC/furnace replacement, expansive in-unit storage, updated bathrooms with Spanish-style floors and subway tiling, new Venetian blinds, luxe carpeting throughout, and brand new light fixtures installed in the living and dining areas, kitchen, and guest room. The homes two spacious bedrooms one complete with an en-suite bath are immersed in natural light and built for relaxation. And just around the corner, discover an additional loft living space that's the ultimate movie night backdrop or workspace based on whatever your needs require. Full of surprises at every turn, this lofty space also boasts a built-in bookshelf that gives way to a hidden meditation room, a place to unwind and recharge in complete and utter privacy. The upper staircase leads to the units historic Cupola, a space that makes room for yet another office surrounded by windows and scenic views thats worth staying home for. Situated where LeDroit Park meets Shaw, residents here can enjoy the tranquility of small-town living, while taking advantage of all that this central location has to offer. Coveted two car off-street parking completes this unforgettable offering. An iconic condo in a historic neighborhood, 531 T St NW #203 is a home that will never go out of style.

Last Agent to Sell the Property

Jennifer Smira

(202) 340-7675 jsmira@compass.com Compass License #0225195388 Listed on: 09/10/2020

Compass

Co-Listed By

Marc Ross

(202) 487-0000 marcross394@gmail.com Compass License #SP98371754

Last Buyer's Agent

Tyler Jeffrey

(202) 746-2319 tjeffrey@ttrsir.com TTR Sotheby's International Realty License #0225195941

TTR Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,608

Year Built

  • Built in 1882

Lot Details

  • 2,483

HOA Fees

  • $749 Monthly HOA Fees

Home Design

  • Victorian Architecture
  • Entry on the 2nd floor
  • Brick Exterior Construction

Interior Spaces

  • 1,937 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Built-In Features
  • High Ceiling
  • Recessed Lighting
  • 1 Fireplace
  • Bay Window
  • Wood Flooring
  • Dryer

Kitchen

  • Eat-In Gourmet Kitchen
  • Range Hood
  • Built-In Microwave
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

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

Parking

  • 2 Off-Street Spaces
  • Paved Parking
  • Surface Parking
  • Parking Space Conveys
  • 2 Assigned Parking Spaces

Outdoor Features

  • Balcony
  • Deck

Utilities

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

Community Details

  • Association fees include water, sewer, exterior building maintenance, lawn maintenance, parking fee, snow removal
  • Low-Rise Condominium
  • Ledroit Park Community
  • Ledroit Park Subdivision

Listing and Financial Details

  • Tax Lot 2017
  • Assessor Parcel Number 3091//2017

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,608

Year Built

Built in 1882

Lot Details

0

HOA Fees

$749 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Loft, Victorian
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1882
  • Remarks Public: As seen in the 2018 LeDroit Park Home and Garden Tour and in the Washington Post, this picturesque yellow brick home is a prominent neighborhood hallmark. Beyond its storied allure, though, 531 T St NW #203 is an enchanting two-level condo that's as special inside as it is recognizable to the outside world. The homes vibrantly colored facade framed by the iconic LeDroit Park wrought-iron fence sets the tone for what youll find within: a one-of-a-kind residence where character meets creativity like never before. Inside, soaring Cathedral ceilings, new hardwood floors, and walls of windows welcome you into this magical space thats designed to inspire. Outfitted with gas cooking, custom tiling, stainless steel appliances, granite counters, and an accompanying bar set-up, the kitchen has everything you need to serve up both unforgettable events and everyday gatherings. The entire home has been recently reimagined over the past several years, with renovation costs exceeding $100,000. Enhancements include: an HVAC/furnace replacement, expansive in-unit storage, updated bathrooms with Spanish-style floors and subway tiling, new Venetian blinds, luxe carpeting throughout, and brand new light fixtures installed in the living and dining areas, kitchen, and guest room. The homes two spacious bedrooms one complete with an en-suite bath are immersed in natural light and built for relaxation. And just around the corner, discover an additional loft living space that's the ultimate movie night backdrop or workspace based on whatever your needs require. Full of surprises at every turn, this lofty space also boasts a built-in bookshelf that gives way to a hidden meditation room, a place to unwind and recharge in complete and utter privacy. The upper staircase leads to the units historic Cupola, a space that makes room for yet another office surrounded by windows and scenic views thats worth staying home for. Situated where LeDroit Park meets Shaw, residents here can enjoy the tranquility of small-town living, while taking advantage of all that this central location has to offer. Coveted two car off-street parking completes this unforgettable offering. An iconic condo in a historic neighborhood, 531 T St NW #203 is a home that will never go out of style.
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dryer, Disposal, Dishwasher, Freezer, Microwave, Range Hood, Refrigerator, Stainless Steel Appliances
  • Entry Floor: 2
  • Flooring Type: Hardwood, Wood
  • Interior Amenities: Built-Ins, Combination Dining/Living, Combination Kitchen/Dining, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Table Space, Recessed Lighting, Wood Floors, Primary Bath(s)
  • Window Features: Bay/Bow
  • Fireplaces Count: 1
  • Wall Ceiling Types: High
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1937
  • Living Area Sq Ft: 1937
  • Price Per Sq Ft: 484.77
  • Above Grade Finished Sq Ft: 1937
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 531

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

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned, Parking Space Conveys, Paved Parking, Surface
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street
  • Off Street Parking Spaces: 2

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: 749.20
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Fee Includes: Water, Sewer, Ext Bldg Maint, Lawn Maintenance, Parking Fee, 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

  • Improvement Assessed Value: 536890.00
  • Land Assessed Value: 230100.00
  • Outdoor Living Structures: Balcony, Deck(s)
  • Soil Types: Urban Land-Sassafras-Chillum
  • Year Assessed: 2019
  • Zoning: RF-1
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16158162
  • Tax Annual Amount: 5608.00
  • Assessor Parcel Number: 3091//2017
  • Tax Lot: 2017
  • Tax Year: 2019
  • Close Date: 11/02/2020

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2020
Closed on
Oct 20, 2020
Sold by
Copenhaver John and Herrity Jeffrey
Bought by
Nowski Tracy E
Seller's Agent
Jennifer Smira
Compass
Buyer's Agent
Tyler Jeffrey
TTR Sotheby's International Realty
List Price
$939,000
Sold Price
$939,000
Current Estimated Value
$855,270

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$83,730
Avg. Annual Appreciation
-1.21%
Original Mortgage
$704,250
Outstanding Balance
$630,957
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$254,001

Purchase Details

Listed on
Sep 8, 2016
Closed on
Oct 28, 2016
Sold by
Falcone Adam J and Falcone Matthew W C
Bought by
Copenhaver John and Herrity Jeffery
Seller's Agent
Sarah Howard
Compass
Buyer's Agent
Marc Ross
Compass
List Price
$750,000
Sold Price
$795,000
Premium/Discount to List
$45,000
6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.24%
Original Mortgage
$450,000
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 4, 2013
Sold by
Falk Adam J
Bought by
Falcone Adam J

Purchase Details

Closed on
Sep 29, 2008
Sold by
T Street Associates Llc
Bought by
Falk Adam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$499,500
Interest Rate
6.54%
Mortgage Type
New Conventional
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
Nowski Tracy E $939,000 None Available
Copenhaver John $795,000 Kvs Title Llc
Falcone Adam J -- --
Falk Adam $555,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nowski Tracy E $704,250
Previous Owner Copenhaver John $450,000
Previous Owner Falcone Adam J $480,000
Previous Owner Falk Adam J $500,000
Previous Owner Falk Adam $499,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2020 11/02/20 Sold $939,000 0.0% $485 / Sq Ft
09/15/2020 09/15/20 Pending -- -- --
09/10/2020 09/10/20 For Sale $939,000 +18.1% $485 / Sq Ft
11/01/2016 11/01/16 Sold $795,000 +6.0% $319 / Sq Ft
10/14/2016 10/14/16 Pending -- -- --
09/08/2016 09/08/16 For Sale $750,000 -- $301 / 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 $5,555 $755,730 $226,720 $529,010
2023 $5,658 $764,330 $229,300 $535,030
2022 $5,588 $749,880 $224,960 $524,920
2021 $5,518 $738,870 $221,660 $517,210
2020 $5,876 $766,990 $230,100 $536,890
2019 $5,609 $734,700 $220,410 $514,290
2018 $5,495 $719,830 $0 $0
2017 $4,839 $673,280 $0 $0
2016 $4,406 $590,000 $0 $0
2015 $4,474 $597,790 $0 $0
2014 -- $584,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC485304

Bright MLS

APN: 3091-2017