NOT LISTED FOR SALE

555 Massachusetts Ave NW, Unit 1316 Washington, DC 20001

Mount Vernon Square Neighborhood

Estimated Value: $462,000 - $577,000

1 Bed
1 Bath
738 Sq Ft
$497/mo HOA Fee

Last Sold April 07, 2023

Last sale price $489,000 $663 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,499/month

6 Days on Market

Highlights

  • Pier or Dock
  • Contemporary Architecture
  • Combination Kitchen and Living
  • Fitness Center
  • Wood Flooring
  • 1-minute walk to Chinatown Park

About This Home

As of April 2023

THE BEST that 555 Massachusetts Ave.can offer! 13th Floor unit with BALCONY, overflowing with natural light PLUS PARKING space and STORAGE. This unit is the perfect home or investment property in the heart of DC. Enter into a spacious foyer with coat closet and storage. Just beyond is the kitchen with ample cabinet space, quarts counters and stainless appliances with breakfast bar that flows into gracious space for entertaining. A large bedroom with an oversized closet and full bathroom with tub and in-unit washer dryer round out this unit. 555 Massachusetts Ave features a 24/7 front desk concierge, fitness center and rooftop pool. Located at the intersection of bustling Mt. Vernon, Chinatown and all things City Center, the condo is centrally located to several metro stops, grocery stores and fantastic dining options.

Last Agent to Sell the Property

Meredith Margolis

Compass Listed on: 03/14/2023

Compass

Last Buyer's Agent

Sharon Wildberger

TTR Sotheby's International Realty License #661641

TTR Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,484

Year Built

  • Built in 2005

Lot Details

  • 87

HOA Fees

  • $497 Monthly HOA Fees

Parking

  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Entry on the 13th floor

Interior Spaces

  • 738 Sq Ft Home
  • Property has 1 Level
  • Built-In Features
  • Recessed Lighting
  • Combination Kitchen and Living
  • Dining Area

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • En-Suite Bathroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Accessible Elevator Installed

Schools

  • Walker-Jones Education Campus Elementary School
  • Jefferson Middle School Academy
  • Dunbar Senior High School

Utilities

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

Listing and Financial Details

  • Tax Lot 2226
  • Assessor Parcel Number 0484//2226

Community Details

Overview

  • Association fees include trash, common area maintenance, pool(s)
  • High-Rise Condominium
  • 555 Massachusetts Ave Condominium Condos, Phone Number (202) 408-9323
  • Old City 2 Community
  • Mount Vernon Triangle Subdivision
  • Property Manager

Recreation

  • Pier or Dock

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,484

Year Built

Built in 2005

Lot Details

0

HOA Fees

$497 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Contemporary
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2005
  • Automatically Close On Close Date: No
  • Remarks Public: THE BEST that 555 Massachusetts Ave.can offer! 13th Floor unit with BALCONY, overflowing with natural light PLUS PARKING space and STORAGE. This unit is the perfect home or investment property in the heart of DC. Enter into a spacious foyer with coat closet and storage. Just beyond is the kitchen with ample cabinet space, quarts counters and stainless appliances with breakfast bar that flows into gracious space for entertaining. A large bedroom with an oversized closet and full bathroom with tub and in-unit washer dryer round out this unit. 555 Massachusetts Ave features a 24/7 front desk concierge, fitness center and rooftop pool. Located at the intersection of bustling Mt. Vernon, Chinatown and all things City Center, the condo is centrally located to several metro stops, grocery stores and fantastic dining options.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Stove, Refrigerator, Dishwasher, Disposal, Dryer, Washer
  • Entry Floor: 13
  • Interior Amenities: Built-Ins, Wood Floors, Recessed Lighting, Primary Bath(s), Dining Area, Combination Kitchen/Living, Carpet
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 738
  • Living Area Sq Ft: 738
  • Price Per Sq Ft: 662.60
  • Above Grade Finished Sq Ft: 738
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 555

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: Combination
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage Door Opener
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 1

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
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 497.24
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: 555 Massachusetts Ave Condominium
  • Condo Co-Op Phone: 202-408-9323
  • HOA Condo Co-Op Amenities: Swimming Pool, Reserved/Assigned Parking, Pier/Dock, Fitness Center
  • HOA Condo Co-Op Fee Includes: Trash, Common Area Maintenance, Pool(s)
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • Elementary School: WALKER-JONES EDUCATION CAMPUS
  • Middle School: JEFFERSON MIDDLE SCHOOL ACADEMY
  • High School: DUNBAR SENIOR
  • 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: WALKER-JONES EDUCATION CAMPUS
  • High School: DUNBAR SENIOR
  • Middle Or Junior School: JEFFERSON MIDDLE SCHOOL ACADEMY

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 348640.00
  • Land Assessed Value: 149420.00
  • Soil Types: Urban Land Not Rated
  • Year Assessed: 2022
  • Zoning: RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Pets: Dogs Ok, Cats Ok, Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 16147101
  • Tax Annual Amount: 3484.00
  • Assessor Parcel Number: 0484//2226
  • Tax Lot: 2226
  • Tax Total Finished Sq Ft: 738
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 04/07/2023

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2023
Closed on
Apr 4, 2023
Sold by
Anderson Nicholas J
Bought by
Soublet Brandy Alexandria
Seller's Agent
Meredith Margolis
Compass
Buyer's Agent
Sharon Wildberger
TTR Sotheby's International Realty
List Price
$489,000
Sold Price
$489,000
Views
27
Current Estimated Value
$498,416

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,416
Avg. Annual Appreciation
-1.13%

Purchase Details

Listed on
Feb 1, 2018
Closed on
Mar 23, 2018
Sold by
Kano Aaron
Bought by
Anderson Nicholas J
Seller's Agent
Chelsea Traylor
Redfin Corp
Buyer's Agent
Frank Schofield
Summit Realtors
List Price
$515,000
Sold Price
$520,000
Premium/Discount to List
$5,000
0.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.21%
Original Mortgage
$416,000
Interest Rate
4.4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Sep 13, 2011
Closed on
Jan 6, 2012
Sold by
Newwell Jamie P
Bought by
Kano Aaron
Seller's Agent
Daniel Ayers
RLAH @properties
Buyer's Agent
Tom Lewis
Redfin Corp
List Price
$390,000
Sold Price
$388,000
Premium/Discount to List
-$2,000
-0.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.83%
Original Mortgage
$291,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 12, 2007
Sold by
484 Opco Llc
Bought by
Newell Jamie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,000
Interest Rate
6.18%
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
Soublet Brandy Alexandria $489,000 None Listed On Document
Anderson Nicholas J $520,000 Avenue Stlmnt Corporation
Kano Aaron $388,000 --
Newell Jamie $397,505 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Anderson Nicholas I $392,250
Previous Owner Anderson Nicholas J $416,000
Previous Owner Kano Aaron $291,000
Previous Owner Newell Jamie $318,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2023 04/07/23 Sold $489,000 0.0% $663 / Sq Ft
03/20/2023 03/20/23 Pending -- -- --
03/14/2023 03/14/23 For Sale $489,000 -6.0% $663 / Sq Ft
03/23/2018 03/23/18 Sold $520,000 +1.0% $705 / Sq Ft
02/13/2018 02/13/18 Pending -- -- --
02/01/2018 02/01/18 For Sale $515,000 +32.7% $698 / Sq Ft
01/06/2012 01/06/12 Sold $388,000 0.0% $526 / Sq Ft
12/10/2011 12/10/11 Pending -- -- --
11/30/2011 11/30/11 Off Market $388,000 -- --
10/27/2011 10/27/11 For Sale $390,000 +0.5% $528 / Sq Ft
10/26/2011 10/26/11 Off Market $388,000 -- --
10/19/2011 10/19/11 Price Changed $390,000 -2.0% $528 / Sq Ft
10/17/2011 10/17/11 For Sale $398,000 +2.6% $539 / Sq Ft
10/14/2011 10/14/11 Off Market $388,000 -- --
09/28/2011 09/28/11 Price Changed $398,000 -1.7% $539 / Sq Ft
09/13/2011 09/13/11 For Sale $405,000 -- $549 / 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 $4,169 $505,660 $151,700 $353,960
2023 $4,109 $498,060 $149,420 $348,640
2022 $3,484 $502,310 $150,690 $351,620
2021 $3,355 $484,290 $145,290 $339,000
2020 $3,386 $474,000 $142,200 $331,800
2019 $3,292 $462,190 $138,660 $323,530
2018 $3,210 $450,940 $0 $0
2017 $3,120 $439,550 $0 $0
2016 $2,965 $420,560 $0 $0
2015 $2,818 $402,930 $0 $0
2014 -- $382,120 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Meredith Margolis

    Seller's Agent in 2023

    Meredith Margolis

    Compass

    (202) 607-5877

    6 in this area

    285 Total Sales

    Meredith Margolis
    Section Image
  • Sharon Wildberger

    Buyer's Agent in 2023

    Sharon Wildberger

    TTR Sotheby's International Realty

    (703) 310-6800

    1 in this area

    105 Total Sales

    Sharon Wildberger
    Section Image
  • Frank Schofield

    Buyer's Agent in 2018

    Frank Schofield

    Summit Realtors

    (571) 221-8640

    334 Total Sales

    Frank Schofield
    Section Image

  • D

    Seller's Agent in 2012

    Daniel Ayers

    Real Living at Home

  • T

    Buyer's Agent in 2012

    Tom Lewis

    Redfin Corp

    Section Image
See All Agents

About This Building

Map

Source: Bright MLS

MLS Number: DCDC2087544

Bright MLS

APN: 0484-2226

District of Columbia District of Columbia County Washington 20001 Mount Vernon Square

555 Massachusetts Ave NW Unit 1316, Washington, DC

This home is located at 555 Massachusetts Ave NW Unit 1316, Washington, DC 20001 since 14 March 2023 and is currently estimated at $498,416, approximately $675 per square foot. This property was built in 2005. 555 Massachusetts Ave NW Unit 1316 is a home located in District of Columbia with nearby schools including Walker-Jones Education Campus, Dunbar High School, and Center City Public Charter School - Shaw.

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