NOT LISTED FOR SALE

5402 Connecticut Ave NW Unit 505 Washington, DC 20015

Chevy Chase Neighborhood

Estimated Value: $268,000 - $301,406

1 Bed
1 Bath
650 Sq Ft
$318/mo HOA Fee

Last Sold August 12, 2021

Last sale price $300,000 $462 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $2,021/month

8 Days on Market

Highlights

  • Fitness Center
  • Traditional Architecture
  • 1 Elevator
  • Lafayette Elementary School Rated A-
  • Wood Flooring
  • Eat-In Kitchen

About This Home

As of August 2021

Spacious condo with great character on the top floor includes an arched entryway, built-in shelving and wood floors throughout. Over 700 square feet per floorplan, with windows in every room, including the large walk-in closet. The eat-in kitchen has granite counters, a built-in microwave and gas cooking. Separate storage unit included and condo is approved for an in-unit washer and dryer! The Louie is a well run, investor and pet friendly building with healthy financial reserves and includes an elevator, fitness center and bike room. The low condo fee includes water and heat. Prime Chevy Chase location is walking distance to grocery stores, cafes and the Friendship Heights metro.

Last Agent to Sell the Property

Sean Aalai

Compass Listed on: 06/23/2021

Compass

Last Buyer's Agent

Maureen Cappadona

Long & Foster Real Estate, Inc. License #49487

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,673

Year Built

  • Built in 1928

Lot Details

  • 261

HOA Fees

  • $318 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 650 Sq Ft Home
  • Property has 1 Level
  • Built-In Features
  • Ceiling Fan
  • Window Treatments
  • Wood Flooring
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Built-In Microwave

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Schools

  • Lafayette Elementary School
  • Deal Middle School
  • Jackson-Reed High School

Utilities

  • Window Unit Cooling System
  • Radiator
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1857//2423

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, heat, lawn maintenance, reserve funds, sewer, trash, water
  • 42 Units
  • Mid-Rise Condominium
  • The Louie Condos
  • The Louie Community
  • Chevy Chase Subdivision
  • Property Manager

Amenities

  • Laundry Facilities
  • 1 Elevator
  • Community Storage Space

Recreation

  • Fitness Center

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,673

Year Built

Built in 1928

Lot Details

0

HOA Fees

$318 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Traditional
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1928
  • Automatically Close On Close Date: No
  • Remarks Public: Spacious condo with great character on the top floor includes an arched entryway, built-in shelving and wood floors throughout. Over 700 square feet per floorplan, with windows in every room, including the large walk-in closet. The eat-in kitchen has granite counters, a built-in microwave and gas cooking. Separate storage unit included and condo is approved for an in-unit washer and dryer! The Louie is a well run, investor and pet friendly building with healthy financial reserves and includes an elevator, fitness center and bike room. The low condo fee includes water and heat. Prime Chevy Chase location is walking distance to grocery stores, cafes and the Friendship Heights metro.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Oven/Range - Gas, Refrigerator
  • Entry Floor: 5
  • Interior Amenities: Ceiling Fan(s), Flat, Kitchen - Eat-In, Walk-In Closet(s), Window Treatments, Wood Floors, Kitchen - Table Space, Built-Ins
  • Elevators Count: 1
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Hookup, Common
  • Total Sq Ft: 650
  • Living Area Sq Ft: 650
  • Price Per Sq Ft: 461.54
  • Above Grade Finished Sq Ft: 650
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5402

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: Brick
  • 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: Ceiling Fan(s), Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • 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: 318.25
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: The Louie
  • HOA Condo Co-Op Amenities: Elevator, Fitness Center, Laundry Facilities, Extra Storage
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Heat, Lawn Maintenance, Reserve Funds, Sewer, Trash, Water
  • HOA Condo Co-Op Management Type: Owner/Self-Management
  • HOA: No
  • Senior Community: No

Schools

  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • Elementary School: LAFAYETTE
  • Middle School: DEAL
  • High School: JACKSON-REED
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121140357950
  • School District Source: 3rd Party
  • Elementary School: LAFAYETTE
  • High School: JACKSON-REED
  • Middle Or Junior School: DEAL

Lot Info

  • Soil Types: Urban Land Not Rated
  • Year Assessed: 2020
  • Zoning: RA-4
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Assessor Parcel Number: 16020552
  • Tax Annual Amount: 2673.00
  • Assessor Parcel Number: 1857//2423
  • Tax Year: 2020
  • Close Date: 08/12/2021

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2021
Closed on
Aug 12, 2021
Sold by
Kanin Rebecca
Bought by
Scalley Mary Ellen
Seller's Agent
Sean Aalai
Compass
Buyer's Agent
Maureen Cappadona
Long & Foster Real Estate, Inc.
List Price
$300,000
Sold Price
$300,000
Current Estimated Value
$287,352

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,648
Avg. Annual Appreciation
-1.03%
Original Mortgage
$246,000
Outstanding Balance
$227,515
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$60,211

Purchase Details

Closed on
Jan 30, 2006
Sold by
Brown Janice
Bought by
Cunningham Margaret and Santiago David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,200
Interest Rate
6.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 20, 2000
Sold by
Rwn And Assoc
Bought by
Graninger Matthew W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,050
Interest Rate
8.31%
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
Scalley Mary Ellen $300,000 None Available
Cunningham Margaret $309,000 --
Graninger Matthew W $69,409 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scalley Mary Ellen $246,000
Previous Owner Kanin Rebecca $206,250
Previous Owner Cunningham Margaret $247,200
Previous Owner Brown Janice L $97,000
Previous Owner Graninger Matthew W $65,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2021 08/12/21 Sold $300,000 0.0% $462 / Sq Ft
07/01/2021 07/01/21 Pending -- -- --
06/23/2021 06/23/21 For Sale $300,000 -- $462 / 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 $1,639 $295,000 $88,500 $206,500
2023 $1,669 $295,000 $97,020 $197,980
2022 $2,096 $339,090 $101,730 $237,360
2021 $2,712 $332,370 $99,710 $232,660
2020 $2,674 $314,540 $94,360 $220,180
2019 $2,618 $307,990 $92,400 $215,590
2018 $2,740 $322,330 $0 $0
2017 $2,652 $312,000 $0 $0
2016 $2,520 $296,520 $0 $0
2015 -- $301,870 $0 $0
2014 -- $288,530 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sean Aalai

    Seller's Agent in 2021

    Sean Aalai

    Compass

    (202) 552-9167

    2 in this area

    85 Total Sales

    Section Image
  • Maureen Cappadona

    Buyer's Agent in 2021

    Maureen Cappadona

    Long & Foster

    (301) 655-1165

    1 in this area

    25 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: DCDC2001696

Bright MLS

APN: 1857-2423

District of Columbia District of Columbia County Washington 20015 Chevy Chase

5402 Connecticut Ave NW Unit 505, Washington, DC

This home is located at 5402 Connecticut Ave NW Unit 505, Washington, DC 20015 since 23 June 2021 and is currently estimated at $287,352, approximately $442 per square foot. This property was built in 1928. 5402 Connecticut Ave NW Unit 505 is a home located in District of Columbia with nearby schools including Lafayette Elementary School, Alice Deal Middle School, and Jackson Reed High School.

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