NOT LISTED FOR SALE

5317 Potomac Ave NW Washington, DC 20016

Palisades Neighborhood

Estimated Value: $2,601,261 - $3,196,000

6 Beds
4 Baths
3,845 Sq Ft
$743/Sq Ft Est. Value

Last Sold June 05, 2017

Last sale price $1,875,000 $488 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $16,888/month

Highlights

  • Water Views
  • Open Floorplan
  • Deck
  • Key Elementary School Rated A
  • Colonial Architecture
  • Premium Lot

About This Home

As of June 2017

FABULOUS EXPANSION AND RENOVATION TAKES ADVANTAGE OF SCENIC VISTA'S AND FEATURES SUN-FILLED LIVING ROOM WITH COFFERED CEILINGS. DRAMATIC PICTURE BAY WINDOWS, OUTSTANDING MASTER BEDROOM SUITE WITH LUXURY BATH PLUS PRIVATE DECK OVERLOOKING POTOMAC RIVER AND VA. LOCATED ON ONE OF THE MOST HIGHLY DESIRED STREETS IN WASHINGTON DC.

Last Agent to Sell the Property

Marc Fleisher

Compass Listed on: 03/02/2017

Compass

Co-Listed By

Craig Chase

Compass

Last Buyer's Agent

Jennifer Knoll

Compass License #0225191494

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,429

Year Built

  • Built in 1953 | Remodeled in 2008

Lot Details

  • 5,750 Sq Ft Lot
  • Landscaped
  • Premium Lot
  • The property's topography is level
  • Property is in very good condition

Property Views

  • Water
  • Scenic Vista
  • Woods
  • Garden

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Composition Roof
  • Shingle Siding

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Crown Molding
  • Ceiling height of 9 feet or more
  • Recessed Lighting
  • 2 Fireplaces
  • Fireplace Mantel
  • Double Pane Windows
  • Insulated Windows
  • Window Treatments
  • Bay Window
  • Casement Windows
  • French Doors
  • Sliding Doors
  • Atrium Doors
  • Insulated Doors
  • Dining Area
  • Wood Flooring

Kitchen

  • Built-In Self-Cleaning Oven
  • Gas Oven or Range
  • Down Draft Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal
  • Instant Hot Water

Bedrooms and Bathrooms

  • 6 Bedrooms | 1 Main Level Bedroom
  • En-Suite Bathroom
  • 4 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Front Loading Dryer
  • Front Loading Washer

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Rear Basement Entry
  • Basement Windows

Home Security

  • Fire and Smoke Detector
  • Flood Lights

Parking

  • Parking Space Number Location: 1
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Deck
  • Patio

Utilities

  • Humidifier
  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan
  • Programmable Thermostat
  • Underground Utilities
  • Tankless Water Heater

Community Details

  • No Home Owners Association
  • Palisades Subdivision

Listing and Financial Details

  • Tax Lot 115
  • Assessor Parcel Number 1442//0115

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,429

Year Built

Built in 1953 | Remodeled in 2008

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Year Built: 1953
  • Year Renovated: 2008
  • Remarks Public: FABULOUS EXPANSION AND RENOVATION TAKES ADVANTAGE OF SCENIC VISTA'S AND FEATURES SUN-FILLED LIVING ROOM WITH COFFERED CEILINGS. DRAMATIC PICTURE BAY WINDOWS, OUTSTANDING MASTER BEDROOM SUITE WITH LUXURY BATH PLUS PRIVATE DECK OVERLOOKING POTOMAC RIVER AND VA. LOCATED ON ONE OF THE MOST HIGHLY DESIRED STREETS IN WASHINGTON DC.
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Cooktop - Down Draft, Dishwasher, Disposal, Dryer - Front Loading, Exhaust Fan, Humidifier, Icemaker, Instant Hot Water, Microwave, Oven - Self Cleaning, Oven - Wall, Oven/Range - Gas, Refrigerator, Washer - Front Loading, Water Heater
  • Interior Amenities: Kitchen - Island, Dining Area, Primary Bath(s), Built-Ins, Crown Moldings, Window Treatments, Entry Level Bedroom, Upgraded Countertops, Whirlpool/Hottub, Wood Floors, Wet/Dry Bar, Recessed Lighting, Floor Plan - Open, Floor Plan - Traditional
  • Window Features: Bay/Bow, Casement, Double Pane, Insulated
  • Fireplace Features: Mantel(s)
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Door Features: Atrium, French, Insulated, Sliding Glass
  • Wall Ceiling Types: 9'+ Ceilings
  • Entry Location: Foyer
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Outside Entrance, Daylight, Full, Fully Finished, Heated, Rear Entrance, Walkout Level, Windows
  • Living Area Units: Square Feet
  • Total Sq Ft: 3845
  • Living Area Sq Ft: 3845
  • Price Per Sq Ft: 754.25
  • Above Grade Finished Sq Ft: 2645
  • Below Grade Finished Sq Ft: 1200
  • Total Below Grade Sq Ft: 1200
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5317

Beds/Baths

  • Bedrooms: 6
  • Main Level Bedrooms: 1
  • Lower Level Bedroom: 2
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Shingle Siding
  • Exterior Features: Flood Lights, Sidewalks
  • Pool Private: No
  • Roof: Composite
  • View: Garden/Lawn, Scenic Vista, Trees/Woods, Water
  • View: Yes
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Space Number Assigned: 1
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Programmable Thermostat, Zoned
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air, Programmable Thermostat, Zoned
  • Heating: Yes
  • Hot Water: Multi-Tank, Instant Hot Water, Tankless
  • Security: Smoke Detector
  • 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

Schools

  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • School District Key: 121140357950

Green Features

  • Green Verification: No

Lot Info

  • Improvement Assessed Value: 1326670.00
  • Land Assessed Value: 867680.00
  • Lot Features: Landscaping, Premium
  • Lot Size Acres: 0.13
  • Lot Size Area: 5750
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5750.00
  • Outdoor Living Structures: Balcony, Deck(s), Patio(s)
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Soil Types: Unknown
  • Topography: Level
  • Year Assessed: 2016
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16158839
  • Tax Annual Amount: 5428.86
  • Assessor Parcel Number: 1442//0115
  • Tax Lot: 115
  • Tax Total Finished Sq Ft: 2645
  • Tax Year: 2016
  • Close Date: 06/05/2017

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 19, 2022
Sold by
Solomon Matthew C
Bought by
Solomon Matthew C
Current Estimated Value
$2,857,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,024,775
Outstanding Balance
$990,314
Interest Rate
5.54%
Mortgage Type
New Conventional
Estimated Equity
$1,566,198

Purchase Details

Listed on
Mar 2, 2017
Closed on
Jun 5, 2017
Sold by
Reed Robert A and Reed Patricia L
Bought by
Solomon Matthew and Peterson Kathrina
Seller's Agent
Marc Fleisher
Compass
Buyer's Agent
Jennifer Knoll
Compass
List Price
$1,995,000
Sold Price
$1,875,000
Premium/Discount to List
-$120,000
-6.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.82%
Original Mortgage
$1,593,000
Interest Rate
3.97%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Solomon Matthew C -- --
Solomon Matthew $1,875,000 Stewart Title Group Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Solomon Matthew C $1,024,775
Previous Owner Solomon Matthew $1,593,000
Previous Owner Reed Robert A $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2017 06/05/17 Sold $1,875,000 -6.0% $488 / Sq Ft
04/11/2017 04/11/17 Pending -- -- --
03/02/2017 03/02/17 For Sale $1,995,000 -- $519 / 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 $19,957 $2,434,910 $1,141,350 $1,293,560
2023 $19,416 $2,368,210 $1,096,320 $1,271,890
2022 $18,786 $2,288,870 $1,031,120 $1,257,750
2021 $18,628 $2,267,900 $1,026,030 $1,241,870
2020 $18,432 $2,244,130 $998,780 $1,245,350
2019 $18,204 $2,216,540 $971,360 $1,245,180
2018 $18,539 $2,254,440 $0 $0
2017 $5,969 $2,194,350 $0 $0
2016 $5,429 $2,142,550 $0 $0
2015 $4,937 $2,110,410 $0 $0
2014 $4,492 $2,018,480 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Marc Fleisher

    Seller's Agent in 2017

    Marc Fleisher

    Compass

    (202) 438-4880

    3 in this area

    99 Total Sales

    Marc Fleisher
    Section Image

  • C

    Seller Co-Listing Agent in 2017

    Craig Chase

    Compass

    Section Image
  • Jennifer Knoll

    Buyer's Agent in 2017

    Jennifer Knoll

    Compass

    (202) 441-2301

    131 Total Sales

    Jennifer Knoll
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1000081234

Bright MLS

APN: 1442-0115

District of Columbia District of Columbia County Washington 20016 Palisades

5317 Potomac Ave NW, Washington, DC

This home is located at 5317 Potomac Ave NW, Washington, DC 20016 since 02 March 2017 and is currently estimated at $2,857,565, approximately $743 per square foot. This property was built in 1953. 5317 Potomac Ave 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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