NOT LISTED FOR SALE

Estimated Value: $2,266,000 - $3,704,000

7 Beds
7 Baths
5,521 Sq Ft
$583/Sq Ft Est. Value

Last Sold March 27, 2024

Last sale price $3,400,000 $616 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $19,079/month

3 Days on Market

Highlights

  • Gourmet Kitchen
  • Wood Flooring
  • Attic
  • Key Elementary School Rated A
  • Farmhouse Style Home
  • 4-minute walk to Carolina Park

About This Home

As of March 2024

Introducing 5514 Sherier Place NW, an exquisite Craftsman-style masterpiece nestled in the heart of The Palisades. This sprawling residence boasts an impressive 7 bedrooms, 5 full baths, and 2 half baths across four meticulously designed levels, offering the perfect blend of luxury, space, and comfort. Step into a culinary paradise in the gourmet kitchen, where high-gloss cabinetry pairs seamlessly with a top-of-the-line Wolf Range and Sub Zero appliances, setting the stage for unforgettable experiences. Designed for sophisticated entertaining, the home includes a coffered ceiling living room, a dining room with chic built-in cabinets, and a family room with a cozy fireplace. Ascend upstairs to the primary suite, a sanctuary of elegance, boasting its own private balcony, a luxurious bath, and a spacious walk-in closet. The upper levels of this magnificent home also reveal versatile spaces, including a den/office for productivity, an additional three bedrooms, two full baths, and laundry. Each crafted to offer unique relief and style. The lower level offers a recreation room, kitchenette, and extra bedroom, perfect for guests or extended family. Outside, the property transforms into an oasis with a flagstone patio, built-in grill, gas fire pit, and an advanced irrigation system, blending comfort with outdoor luxury. Conveniently located, this home provides easy access to downtown DC, trails, and recreation centers.

Last Agent to Sell the Property

Farleigh Jewett

(301) 675-9188 fcunningham@ttrsir.com TTR Sotheby's International Realty License #SP98372406 Listed on: 02/21/2024

TTR Sotheby's International Realty

Co-Listed By

Kimberly Casey

(202) 361-3228 Kimberly.casey@sothebysrealty.com TTR Sotheby's International Realty License #BR98363896

Last Buyer's Agent

Dina Miller

(301) 580-5231 dina.miller@wydlerbrothers.com Compass

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,280

Year Built

  • Built in 1911

Lot Details

  • 6,250 Sq Ft Lot
  • Property is in excellent condition
  • Property is zoned R-1B

Parking

  • 2 Car Detached Garage
  • Parking Storage or Cabinetry
  • Lighted Parking
  • Garage Door Opener
  • Secure Parking

Home Design

  • Farmhouse Style Home
  • Chimney Cap
  • Stucco

Interior Spaces

  • 5,521 Sq Ft Home
  • Property has 4 Levels
  • Wet Bar
  • Sound System
  • Built-In Features
  • Crown Molding
  • Ceiling height of 9 feet or more
  • Recessed Lighting
  • 1 Fireplace
  • Family Room Off Kitchen
  • Wood Flooring
  • Attic

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Cooktop with Range Hood
  • Built-In Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Wine Rack

Bedrooms and Bathrooms

  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Exterior Lighting
  • Outdoor Grill

Schools

  • Key Elementary School
  • Hardy Middle School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Built by Chryssa Wolfe
  • Palisades Subdivision

Listing and Financial Details

  • Tax Lot 86
  • Assessor Parcel Number 1449//0086

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,280

Year Built

Built in 1911

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Farmhouse/National Folk
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Expected On Market: 2024-02-21
  • Federal Flood Zone: No
  • Year Built: 1911
  • Automatically Close On Close Date: No
  • Remarks Public: Introducing 5514 Sherier Place NW, an exquisite Craftsman-style masterpiece nestled in the heart of The Palisades. This sprawling residence boasts an impressive 7 bedrooms, 5 full baths, and 2 half baths across four meticulously designed levels, offering the perfect blend of luxury, space, and comfort. Step into a culinary paradise in the gourmet kitchen, where high-gloss cabinetry pairs seamlessly with a top-of-the-line Wolf Range and Sub Zero appliances, setting the stage for unforgettable experiences. Designed for sophisticated entertaining, the home includes a coffered ceiling living room, a dining room with chic built-in cabinets, and a family room with a cozy fireplace. Ascend upstairs to the primary suite, a sanctuary of elegance, boasting its own private balcony, a luxurious bath, and a spacious walk-in closet. The upper levels of this magnificent home also reveal versatile spaces, including a den/office for productivity, an additional three bedrooms, two full baths, and laundry. Each crafted to offer unique relief and style. The lower level offers a recreation room, kitchenette, and extra bedroom, perfect for guests or extended family. Outside, the property transforms into an oasis with a flagstone patio, built-in grill, gas fire pit, and an advanced irrigation system, blending comfort with outdoor luxury. Conveniently located, this home provides easy access to downtown DC, trails, and recreation centers.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Dishwasher, Dryer, Freezer, Icemaker, Microwave, Range Hood, Refrigerator, Washer
  • Flooring Type: Hardwood
  • Interior Amenities: Built-Ins, Breakfast Area, Attic, Crown Moldings, Family Room Off Kitchen, Kitchen - Gourmet, Kitchen - Island, Pantry, Recessed Lighting, Sound System, Walk-In Closet(s), Wet/Dry Bar, Wine Storage
  • Fireplace Features: Other
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings, High
  • Foundation Details: Other
  • Levels Count: 4
  • Basement: No
  • Total Sq Ft: 5521
  • Living Area Sq Ft: 5521
  • Price Per Sq Ft: 615.65
  • Above Grade Finished Sq Ft: 5521
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5514

Beds/Baths

  • Bedrooms: 7
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 7
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 4
  • Lower Levels Bathrooms: 2
  • Upper Level Bathrooms: 3.00
  • Upper Level 2 Bathrooms: 1.00
  • Lower Levels Bathrooms: 2.00
  • Upper Level Full Bathrooms: 3
  • Upper Level 2 Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1
  • Lower Level Half Bathroom: 1
  • Lower Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stucco
  • Exterior Features: Bbq Grill, Chimney Cap(s), Exterior Lighting
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Lighted Parking, Secure Parking
  • Garage Features: Covered Parking, Additional Storage Area, Garage Door Opener
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • Elementary School: KEY
  • Middle School: HARDY
  • Elementary School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121140357950
  • School District Source: Listing Agent
  • Elementary School: KEY
  • Middle Or Junior School: HARDY

Lot Info

  • Horses: No
  • Lot Size Acres: 0.14
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6250.00
  • Property Condition: Excellent
  • Soil Types: Urban Land-Sassafras-Chillum
  • Year Assessed: 2022
  • Zoning: R-1B
  • In City Limits: Yes

Building Info

  • Builder Name: Chryssa Wolfe

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 22280.00
  • Assessor Parcel Number: 1449//0086
  • Tax Lot: 86
  • Tax Total Finished Sq Ft: 5521
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 03/27/2024

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2024
Closed on
Mar 27, 2024
Sold by
Cunningham William B and Cunningham Farleigh J
Bought by
Arora Rajeev and Arora Aditi
Seller's Agent
Farleigh Jewett
TTR Sotheby's International Realty
Buyer's Agent
Dina Miller
Compass
List Price
$3,399,000
Sold Price
$3,400,000
Premium/Discount to List
$1,000
0.03%
Views
166
Current Estimated Value
$3,220,409

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$179,591
Avg. Annual Appreciation
-3.48%
Original Mortgage
$1,000,000
Outstanding Balance
$982,382
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$2,238,027

Purchase Details

Listed on
May 16, 2017
Closed on
May 24, 2017
Sold by
Hanlon Design Build Inc A District Of Co
Bought by
Cunningham Farleigh J and Cunningham William B
Seller's Agent
Ross Vann
Compass
Buyer's Agent
Kimberly Casey
TTR Sotheby's International Realty
List Price
$2,770,000
Sold Price
$2,770,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.04%
Original Mortgage
$2,133,500
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 11, 2015
Closed on
Nov 3, 2015
Sold by
Hudson-Dean Trustee Sharon Elizabeth
Bought by
Hanlon Design Build Inc
Seller's Agent
John Pruski
Jack Realty Group
Buyer's Agent
Ross Vann
Compass
List Price
$975,000
Sold Price
$960,000
Premium/Discount to List
-$15,000
-1.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
98.11%
Original Mortgage
$1,377,250
Interest Rate
3.79%
Mortgage Type
Land Contract Argmt. Of Sale

Purchase Details

Closed on
Sep 3, 2003
Sold by
Guinard Arnaud
Bought by
Dean Nicholas
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
Arora Rajeev $3,400,000 Chicago Title
Cunningham Farleigh J $2,770,000 Avenue Settlement Corp
Hanlon Design Build Inc $960,000 None Available
Dean Nicholas $810,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arora Rajeev $1,000,000
Previous Owner Cunningham Farleigh J $2,133,500
Previous Owner Hanlon Design Build Inc $1,377,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/27/2024 03/27/24 Sold $3,400,000 0.0% $616 / Sq Ft
02/25/2024 02/25/24 Pending -- -- --
02/21/2024 02/21/24 For Sale $3,399,000 +22.7% $616 / Sq Ft
05/24/2017 05/24/17 Sold $2,770,000 0.0% $1,171 / Sq Ft View Prior Sale
05/16/2017 05/16/17 Pending -- -- --
05/16/2017 05/16/17 For Sale $2,770,000 +188.5% $1,171 / Sq Ft
11/06/2015 11/06/15 Sold $960,000 -1.5% $406 / Sq Ft View Prior Sale
09/23/2015 09/23/15 Pending -- -- --
09/11/2015 09/11/15 For Sale $975,000 0.0% $412 / Sq Ft
09/16/2013 09/16/13 Rented $3,950 -10.2% --
09/16/2013 09/16/13 Under Contract -- -- --
07/01/2013 07/01/13 For Rent $4,400 +1.1% --
05/24/2012 05/24/12 Rented $4,350 -3.3% --
05/23/2012 05/23/12 Under Contract -- -- --
03/20/2012 03/20/12 For Rent $4,500 -- --
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 $23,259 $2,823,350 $789,250 $2,034,100
2023 $22,685 $2,752,800 $758,060 $1,994,740
2022 $22,280 $2,699,830 $712,440 $1,987,390
2021 $22,021 $2,667,080 $708,880 $1,958,200
2020 $21,969 $2,660,260 $690,630 $1,969,630
2019 $21,557 $2,610,920 $670,940 $1,939,980
2018 $15,212 $2,543,020 $0 $0
2017 $9,618 $1,131,530 $0 $0
2016 $9,234 $1,086,370 $0 $0
2015 $9,012 $1,060,210 $0 $0
2014 $8,816 $1,037,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC2128176

Bright MLS

APN: 1449-0086