NOT LISTED FOR SALE

Estimated Value: $904,000 - $950,091

4 Beds
5 Baths
2,603 Sq Ft
$360/Sq Ft Est. Value

Last Sold August 23, 2023

Last sale price $1,010,000 $388 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $6,100/month

1 Day on Market

Highlights

  • New Construction
  • On-Site Parking for Sale
  • Property is in excellent condition
  • Contemporary Architecture
  • Central Heating and Cooling System
  • 4-minute walk to Park View Recreation Center

About This Home

As of August 2023

| 539 Park Road NW TH2 | 4 Beds/3 Full Baths/2 Half Baths | In-Law/Rental Suite | 2603 Sq Ft Above Grade | Semi Detached Townhome Style Condos | Ground-Up New Construction | Tax Lots Issued | Finals Passed - C of O Imminent | Evolution Investment Group |

Four stunning Park View townhouse condos now available! These ground-up construction residences with private entrances from Park Road provide tremendous value over their row house counterparts and feature three levels fully above-grade. Each unit touts its own roof deck with views of the National Cathedral, an in-law suite with first floor access, and a wet bar that can be utilized for guests or AirBnB rental income. These design-driven units accommodate kitchens with marble surfaces, large islands/peninsulas, and living areas with great flow. The primary suite features ample walk-in closet space and an ensuite bathroom, while secondary bedrooms also offer generous spaces. 3-Minute walk to Hook Hall, 4-Minute walk to Call Your Mother Deli and The Midlands Beer Garden, 6-Minute walk to Heat Da Spot Cafe, 7-Minute walk to Doubles [Coffee], Sonny’s Pizza, and No Kisses Bar, 9-Minute walk to Georgia Ave-Petworth Metro Station, 11-Minute walk to Safeway, 16-Minute walk to Cinder BBQ, Timber Pizza Company, and Honeymoon Chicken.

Last Agent to Sell the Property

Chris Burns

TTR Sotheby's International Realty License #650251 Listed on: 07/21/2023

TTR Sotheby's International Realty

Last Buyer's Agent

Samuel Medvene

Century 21 Redwood Realty License #SP98379587

Century 21 Redwood Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $8,327

Year Built

  • Built in 2023 | New Construction

Lot Details

  • Property is in excellent condition

HOA Fees

  • $251 Monthly HOA Fees

Home Design

  • Semi-Detached or Twin Home
  • Contemporary Architecture
  • Slab Foundation
  • Stick Built Home

Interior Spaces

  • 2,603 Sq Ft Home
  • Property has 3 Levels

Bedrooms and Bathrooms

Parking

  • 3 Parking Spaces
  • Private Parking
  • On-Site Parking for Sale

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 3037
  • Assessor Parcel Number 3037//2068

Community Details

Overview

  • $501 Capital Contribution Fee
  • Association fees include reserve funds, insurance, water
  • Building Winterized
  • 539 Park Road Nw Condominiums
  • Built by Evolution Investment Group
  • Park View Subdivision

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,327

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$251 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • New Construction: Yes
  • Story List: Main, Upper 1, Upper 2
  • Expected On Market: 2023-07-21
  • Year Built: 2023
  • Automatically Close On Close Date: No
  • Building Winterized: Yes
  • Special Features: 4098
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Foundation Details: Slab
  • Levels Count: 3
  • Basement: No
  • Total Sq Ft: 2603
  • Living Area Sq Ft: 2603
  • Price Per Sq Ft: 384.17
  • Above Grade Finished Sq Ft: 2603
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 539

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 1.00
  • Upper Level 2 Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Upper Level 2 Full Bathrooms: 2
  • Main Level Half Bathrooms: 1
  • Upper Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Concrete, Mixed
  • Construction Completed: Yes
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: On-Site - Sale, Private
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Off Street
  • Off Street Parking Spaces: 3

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • 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: 250.58
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: 539 Park Road NW Condominiums
  • HOA Condo Co-Op Fee Includes: Reserve Funds, Insurance, Water
  • HOA: No
  • Senior Community: No

Fee Information

  • Capital Contribution Fee: 501.16

Schools

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

Lot Info

  • Property Condition: Excellent
  • Soil Types: Urban Land-Sassafras-Chillum
  • Zoning: RF-1
  • In City Limits: Yes

Building Info

  • Builder Name: Evolution Investment Group

Rental Info

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

Tax Info

  • Assessor Parcel Number: 3037//2068
  • Tax Lot: 3037
  • Tax Year: 2023
  • Close Date: 08/23/2023

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2023
Closed on
Aug 23, 2023
Sold by
539 Park Road Development Llc
Bought by
Sadeghi Amir and Seghatoleslami Yasamin Sadr
Seller's Agent
Chris Burns
TTR Sotheby's International Realty
Buyer's Agent
Samuel Medvene
Century 21 Redwood Realty
List Price
$999,999
Sold Price
$1,010,000
Premium/Discount to List
$10,001
1%
Views
12
Current Estimated Value
$941,511

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$68,489
Avg. Annual Appreciation
-3.78%
Original Mortgage
$710,000
Outstanding Balance
$695,612
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$240,911
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
Sadeghi Amir $1,010,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sadeghi Amir $710,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2023 08/23/23 Sold $1,010,000 +1.0% $388 / Sq Ft
07/23/2023 07/23/23 Pending -- -- --
07/21/2023 07/21/23 For Sale $999,999 -- $384 / 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 $8,327 $979,700 $293,910 $685,790
2023 -- -- -- --
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC2099552

Bright MLS

APN: 3037-2068