NOT LISTED FOR SALE

537 Gresham Place NW Unit 1 Washington, DC 20001

Pleasant Plains Neighborhood

Estimated Value: $713,000

2 Beds
2.5 Baths
893 Sq Ft
$283/mo HOA Fee

Last Sold April 08, 2022

Last sale price $599,900 $672 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $4,469/month

Highlights

  • Open Floorplan
  • Wood Flooring
  • Intercom
  • Traditional Architecture
  • Stainless Steel Appliances
  • 4-minute walk to Hobart Twins Park

About This Home

As of April 2022

Open House 3/20 - cancelled. Parking - outdoor space - pet friendly! Fully renovated in 2019, 537 Gresham offers contemporary living in the heart of the city with an open and spacious two-level floor plan, luxurious finishes, and warm hardwoods. Upon entry, you immediately see the attention to detail and feel the quality finishes. The light-flooded first floor is wide and bright featuring a gourmet kitchen with waterfall island, high-end stainless steel appliances, and a beautiful Bertazzoni gas range. A second private entrance provides easy access to your very own parking space and outdoor area. A convenient half bath adds to the joys and ease of entertaining guests at 537 Gresham. Down a gracious staircase, the lower level offers tall ceilings and a sunny southern-facing primary bedroom with en-suite bath highlighted by contemporary finishes and double sinks. Across the hall, a second bedroom complete with iTs own spa bath offers room to relax, work, and exercise. A full-size stackable washer & dryer along with additional storage round out the lower level. Located within blocks of some of the city's newest and most beloved dining and nightlife, DC's newest Whole Foods, and beautiful McMillan Reservoir, 537 Gresham offers its owners endless options for outdoor fun & recreation. This boutique two-unit building is pet-friendly and offers low condo fees. Plus, a free Peloton!

Last Agent to Sell the Property

Olivia Kibler

(301) 351-9630 olivia.kibler@gmail.com Compass Listed on: 03/18/2022

Compass

Co-Listed By

Dito Sevilla

(202) 549-2491 dito.sevilla@compass.com Compass

Last Buyer's Agent

LaToya Anderson

(240) 630-4622 lta5s@yahoo.com KW Metro Center

KW Metro Center

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,331

Year Built

  • Built in 1913 | Remodeled in 2019

Lot Details

  • 566

HOA Fees

  • $283 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Brick Exterior Construction

Interior Spaces

  • 893 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Recessed Lighting
  • Dining Area
  • Wood Flooring
  • Basement

Kitchen

  • Gas Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Intercom

Parking

  • 1 Off-Street Space
  • Assigned parking located at #P1
  • Parking Space Conveys
  • 1 Assigned Parking Space

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Patio
  • Sprinkler System

Listing and Financial Details

  • Tax Lot 2013
  • Assessor Parcel Number 3056//2013

Community Details

Overview

  • Association fees include exterior building maintenance, gas, insurance, lawn care front, reserve funds, sewer, water, parking fee
  • Low-Rise Condominium
  • Columbia Heights Community
  • Park View Subdivision

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,331

Year Built

Built in 1913 | Remodeled in 2019

Lot Details

0

HOA Fees

$283 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Traditional
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1913
  • Year Renovated: 2019
  • Assigned Parking Space Numbers: P1
  • Automatically Close On Close Date: No
  • Remarks Public: Open House 3/20 - cancelled. Parking - outdoor space - pet friendly! Fully renovated in 2019, 537 Gresham offers contemporary living in the heart of the city with an open and spacious two-level floor plan, luxurious finishes, and warm hardwoods. Upon entry, you immediately see the attention to detail and feel the quality finishes. The light-flooded first floor is wide and bright featuring a gourmet kitchen with waterfall island, high-end stainless steel appliances, and a beautiful Bertazzoni gas range. A second private entrance provides easy access to your very own parking space and outdoor area. A convenient half bath adds to the joys and ease of entertaining guests at 537 Gresham. Down a gracious staircase, the lower level offers tall ceilings and a sunny southern-facing primary bedroom with en-suite bath highlighted by contemporary finishes and double sinks. Across the hall, a second bedroom complete with iTs own spa bath offers room to relax, work, and exercise. A full-size stackable washer & dryer along with additional storage round out the lower level. Located within blocks of some of the city's newest and most beloved dining and nightlife, DC's newest Whole Foods, and beautiful McMillan Reservoir, 537 Gresham offers its owners endless options for outdoor fun & recreation. This boutique two-unit building is pet-friendly and offers low condo fees. Plus, a free Peloton!
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Refrigerator, Stainless Steel Appliances, Washer, Water Heater, Oven/Range - Gas
  • Entry Floor: 1
  • Flooring Type: Hardwood
  • Interior Amenities: Dining Area, Floor Plan - Open, Kitchen - Island, Recessed Lighting, Sprinkler System, Walk-In Closet(s)
  • Fireplace: No
  • Levels Count: 2
  • Basement: Yes
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 893
  • Living Area Sq Ft: 893
  • Price Per Sq Ft: 671.78
  • Above Grade Finished Sq Ft: 893
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 537

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main 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

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Concrete Driveway, Assigned, Parking Space Conveys
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street
  • Off Street Parking Spaces: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Intercom, Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 283.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Reserved/Assigned Parking
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Gas, Insurance, Lawn Care Front, Reserve Funds, Sewer, Water, Parking Fee
  • 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: 399000.00
  • Land Assessed Value: 171000.00
  • Outdoor Living Structures: Patio(s)
  • Soil Types: Urban Land-Sassafras-Chillum
  • Year Assessed: 2021
  • Zoning: R
  • In City Limits: Yes

Rental Info

  • Pets: Dogs Ok, Cats Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 24595904
  • Tax Annual Amount: 4331.00
  • Assessor Parcel Number: 3056//2013
  • Tax Lot: 2013
  • Tax Total Finished Sq Ft: 893
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 04/08/2022

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2022
Closed on
Apr 8, 2022
Sold by
Marie Mincher Robyn
Bought by
Joseph Shawn and Joseph Isaiah
Seller's Agent
Olivia Kibler
Compass
Buyer's Agent
LaToya Anderson
KW Metro Center
List Price
$599,900
Sold Price
$599,900
Current Estimated Value
$713,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,100
Avg. Annual Appreciation
5.06%
Original Mortgage
$539,100
Outstanding Balance
$505,906
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$207,094
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
Joseph Shawn $599,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Joseph Shawn $539,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/08/2022 04/08/22 Sold $599,900 0.0% $672 / Sq Ft
03/20/2022 03/20/22 Pending -- -- --
03/18/2022 03/18/22 For Sale $599,900 +6.2% $672 / Sq Ft
02/12/2020 02/12/20 Sold $565,000 +2.7% -- View Prior Sale
01/12/2020 01/12/20 Pending -- -- --
12/06/2019 12/06/19 Price Changed $550,000 -3.5% --
12/06/2019 12/06/19 For Sale $569,900 -- --
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 $5,002 $603,660 $181,100 $422,560
2023 $4,720 $570,000 $171,000 $399,000
2022 $4,059 $570,000 $171,000 $399,000
2021 $4,331 $599,200 $179,760 $419,440
2020 $4,450 $599,200 $179,760 $419,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC2040958

Bright MLS

APN: 3056-2013