NOT LISTED FOR SALE

550 Hobart Place NW Unit 2 Washington, DC 20001

Park View Neighborhood

Estimated Value: $301,000 - $360,000

1 Bed
1 Bath
700 Sq Ft
$250/mo HOA Fee

Last Sold January 23, 2019

Last sale price $335,000 $479 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,289/month

49 Days on Market

Highlights

  • Contemporary Architecture
  • Living Room
  • Property is in very good condition
  • Den
  • Central Heating and Cooling System
  • 2-minute walk to Bruce Monroe Park

About This Home

As of January 2019

This freshly updated 1 bedroom condo with a BONUS ROOM is located in what most would consider a "walker's paradise": PARK VIEW/COLUMBIA HEIGHTS! Everything you need is within a 6 block walk: bikes, scooters, metro, bus, dog sitter, Target, grocery, restaurants, coffee houses, bars.... you name it! Call me to see it today! Why rent when you can buy?

Last Agent to Sell the Property

Rebecca Williams

Compass License #669367 Listed on: 10/29/2018

Compass

Last Buyer's Agent

Paula Flagg

Real Broker, LLC

Real Broker, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,626

Year Built

  • Built in 1940

Lot Details

  • Property is in very good condition

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 700 Sq Ft Home
  • Property has 1 Level
  • Living Room
  • Den

Bedrooms and Bathrooms

Utilities

  • Central Heating and Cooling System
  • 120/240V
  • Electric Water Heater
  • Public Septic

Community Details

  • Association fees include water
  • Columbia Heights Community
  • Columbia Heights Subdivision

Listing and Financial Details

  • Tax Lot 2002
  • Assessor Parcel Number 3054//2002

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,626

Year Built

Built in 1940

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Property Type: Residential
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2018-10-30
  • Federal Flood Zone: No
  • Year Built: 1940
  • Remarks Public: This freshly updated 1 bedroom condo with a BONUS ROOM is located in what most would consider a "walker's paradise": PARK VIEW/COLUMBIA HEIGHTS! Everything you need is within a 6 block walk: bikes, scooters, metro, bus, dog sitter, Target, grocery, restaurants, coffee houses, bars.... you name it! Call me to see it today! Why rent when you can buy?
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Fireplace: No
  • Entry Location: 1st Floor
  • Foundation Details: Concrete Perimeter
  • Levels Count: 1
  • Room List: Living Room, Bedroom 2, Den, Bedroom 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 700
  • Living Area Sq Ft: 700
  • Price Per Sq Ft: 485.57
  • Above Grade Finished Sq Ft: 700
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 550

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • All Lower Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Combination, Brick
  • Roof: Unknown
  • 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: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 120/240V
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Septic
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 250.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Fee Includes: Water
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Improvement Assessed Value: 222110.00
  • Land Assessed Value: 95190.00
  • Property Condition: Very Good
  • Soil Types: Unknown
  • Year Assessed: 2017
  • Zoning: RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16140220
  • Tax Annual Amount: 2625.64
  • Assessor Parcel Number: 3054//2002
  • Tax Lot: 2002
  • Tax Total Finished Sq Ft: 592
  • Tax Data Updated: No
  • Tax Year: 2017
  • Close Date: 01/23/2019

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2018
Closed on
Jan 28, 2019
Sold by
Gaye Ibrahima H
Bought by
Hoorwitz Rachel
Seller's Agent
Rebecca Williams
Compass
Buyer's Agent
Paula Flagg
Real Broker, LLC
List Price
$398,000
Sold Price
$335,000
Premium/Discount to List
-$63,000
-15.83%
Current Estimated Value
$343,921

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,921
Avg. Annual Appreciation
-0.22%
Original Mortgage
$301,500
Interest Rate
4.6%
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
Hoorwitz Rachel $335,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoorwitz Rachel $292,000
Closed Hoorwitz Rachel $301,500
Previous Owner Gaye Ibrahima H $27,066
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2019 01/23/19 Sold $335,000 -1.4% $479 / Sq Ft
12/18/2018 12/18/18 Pending -- -- --
12/10/2018 12/10/18 Price Changed $339,900 -6.3% $486 / Sq Ft
11/13/2018 11/13/18 Price Changed $362,600 -8.9% $518 / Sq Ft
10/29/2018 10/29/18 For Sale $398,000 0.0% $569 / Sq Ft
04/13/2014 04/13/14 Rented $1,800 -2.7% --
04/11/2014 04/11/14 Under Contract -- -- --
02/04/2014 02/04/14 For Rent $1,850 +15.6% --
08/18/2012 08/18/12 Rented $1,600 -3.0% --
08/18/2012 08/18/12 Under Contract -- -- --
07/21/2012 07/21/12 For Rent $1,650 -- --
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 $1,976 $334,660 $100,400 $234,260
2023 $2,069 $342,170 $102,650 $239,520
2022 $2,221 $353,730 $106,120 $247,610
2021 $2,217 $365,360 $109,610 $255,750
2020 $2,124 $325,550 $97,660 $227,890
2019 $2,081 $319,620 $95,890 $223,730
2018 $2,697 $317,300 $0 $0
2017 $2,626 $308,900 $0 $0
2016 $2,460 $289,440 $0 $0
2015 $2,090 $245,890 $0 $0
2014 $1,904 $223,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rebecca Williams

    Seller's Agent in 2019

    Rebecca Williams

    Compass

    (301) 305-1113

    111 Total Sales

    Section Image
  • Paula Flagg

    Buyer's Agent in 2019

    Paula Flagg

    Real Broker, LLC

    (202) 431-7210

    1 in this area

    81 Total Sales

    Section Image
  • Ileann Jimenez-Sepulveda

    Seller's Agent in 2014

    Ileann Jimenez-Sepulveda

    Long & Foster

    (202) 285-1818

    1 in this area

    22 Total Sales

    Section Image

  • E

    Seller's Agent in 2012

    Edouard Alcarria

    Eva Realty, LLC

    (202) 494-0956

    2 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: 1010010412

Bright MLS

APN: 3054-2002

District of Columbia District of Columbia County Washington 20001 Park View

550 Hobart Place NW Unit 2, Washington, DC

This home is located at 550 Hobart Place NW Unit 2, Washington, DC 20001 since 29 October 2018 and is currently estimated at $323,498, approximately $462 per square foot. This property was built in 1940. 550 Hobart Place NW Unit 2 is a home located in District of Columbia with nearby schools including Bruce-Monroe Elementary School @ Park View, MacFarland Middle School, and Roosevelt High School @ MacFarland.

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