NOT LISTED FOR SALE

Estimated Value: $1,791,000 - $2,024,877

2 Beds
2 Baths
1,814 Sq Ft
$2,418/mo HOA Fee

Last Sold March 15, 2024

Last sale price $2,050,000 $1,130 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $14,456/month

Highlights

  • Concierge
  • Fitness Center
  • Eat-In Gourmet Kitchen
  • Somerset Elementary School Rated A
  • 24-Hour Security
  • Gated Community

About This Home

As of March 2024

Welcome to this stunning, renovated, 1,814 sq ft condo at Parc Somerset with an open floor plan and treed views! The renovations were completed in 2018 and every room was stripped and rebuilt with quality construction & finishes, designer recessed lighting, cove and lighted ceilings, electric motorized shades, gorgeous hardwood floors and so much more! Foyer entry, open dining room and living room w/gas fireplace, a modern kitchen with cooking island & breakfast room, floor-to-ceiling windows overlooking the large balcony , a primary bedroom suite with walk-in closet & a knockout primary bath with oversized roll in shower. Separate laundry room and the 2nd bedroom is on the opposite side of the primary bedroom. 2 garage parking spaces and a large storage unit convey with the property. Enjoy resort-like living in Friendship Heights' most luxurious complex, situated on 17+ acres. Somerset House is a gated community with a gatehouse, 24-hr security, gorgeously landscaped grounds, tennis courts, a 3-story clubhouse with indoor/outdoor pools, party rooms, a state-of-the-art gym, racquetball court, billiards & ping pong room, aerobics room, and so much more! Easy stroll to the Metro, shops, dining, medical buildings, and conveniences of Friendship Heights.

Last Agent to Sell the Property

Coley Reed

Long & Foster Real Estate, Inc. License #99254 Listed on: 02/09/2024

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Coley Reed

Long & Foster Real Estate, Inc. License #99254 Listed on: 02/09/2024

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,971

Year Built

  • Built in 1999

Lot Details

  • Extensive Hardscape
  • Sprinkler System
  • Property is in excellent condition

HOA Fees

  • $2,418 Monthly HOA Fees

Parking

  • 2 Assigned Subterranean Spaces
  • Assigned parking located at #G1-60 & G1-61
  • Electric Vehicle Home Charger
  • Parking Space Conveys
  • Secure Parking

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,814 Sq Ft Home
  • Property has 1 Level
  • Built-In Features
  • Recessed Lighting
  • Double Pane Windows
  • Window Treatments
  • Transom Windows
  • Sliding Windows
  • Window Screens
  • Formal Dining Room

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook
  • Double Oven
  • Cooktop
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Security Gate
  • Exterior Cameras

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Multi-Tank Hot Water Heater

Additional Features

  • Accessible Elevator Installed
  • Outdoor Storage

Listing and Financial Details

  • Assessor Parcel Number 160703254301

Community Details

Overview

  • Association fees include common area maintenance, custodial services maintenance, exterior building maintenance, lawn maintenance, management, pest control, pool(s), recreation facility, reserve funds, road maintenance, sauna, security gate, sewer, snow removal, trash, water
  • High-Rise Condominium
  • Parc Somerset Codm Community
  • Somerset House Condos Subdivision
  • Property Manager

Amenities

  • Concierge
  • Doorman
  • Common Area
  • Sauna
  • Clubhouse
  • Game Room
  • Billiard Room
  • Meeting Room
  • Party Room
  • Community Library
  • Guest Suites
  • Community Storage Space

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Racquetball
  • Fitness Center
  • Community Indoor Pool
  • Heated Community Pool

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • 24-Hour Security
  • Front Desk in Lobby
  • Gated Community
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$16,971

Year Built

Built in 1999

Lot Details

0

HOA Fees

$2,418 per month

Parking

2

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
  • Exclusions: See Disclosures
  • Inclusions: See Disclosures
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1999
  • Assigned Parking Space Numbers: G1-60 & G1-61
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Welcome to this stunning, renovated, 1,814 sq ft condo at Parc Somerset with an open floor plan and treed views! The renovations were completed in 2018 and every room was stripped and rebuilt with quality construction & finishes, designer recessed lighting, cove and lighted ceilings, electric motorized shades, gorgeous hardwood floors and so much more! Foyer entry, open dining room and living room w/gas fireplace, a modern kitchen with cooking island & breakfast room, floor-to-ceiling windows overlooking the large balcony , a primary bedroom suite with walk-in closet & a knockout primary bath with oversized roll in shower. Separate laundry room and the 2nd bedroom is on the opposite side of the primary bedroom. 2 garage parking spaces and a large storage unit convey with the property. Enjoy resort-like living in Friendship Heights' most luxurious complex, situated on 17+ acres. Somerset House is a gated community with a gatehouse, 24-hr security, gorgeously landscaped grounds, tennis courts, a 3-story clubhouse with indoor/outdoor pools, party rooms, a state-of-the-art gym, racquetball court, billiards & ping pong room, aerobics room, and so much more! Easy stroll to the Metro, shops, dining, medical buildings, and conveniences of Friendship Heights.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Cooktop, Built-In Microwave, Dishwasher, Disposal, Dryer, Icemaker, Oven - Double, Refrigerator, Washer
  • Entry Floor: 7
  • Interior Amenities: Breakfast Area, Built-Ins, Entry Level Bedroom, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Gourmet, Kitchen - Island, Primary Bath(s), Recessed Lighting, Sprinkler System, Upgraded Countertops, Walk-In Closet(s), Whirlpool/Hottub, Window Treatments, Wood Floors, Carpet
  • Window Features: Double Pane, Screens, Sliding, Transom
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1814
  • Living Area Sq Ft: 1814
  • Price Per Sq Ft: 1088.75
  • Above Grade Finished Sq Ft: 1814
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5630

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Concrete
  • Exterior Features: Sidewalks, Secure Storage, Street Lights, Tennis Court(s), Extensive Hardscape
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Assigned Spaces Count: 2
  • Garage: Yes
  • Parking Features: Electric Vehicle Charging Station(s), Limited Common Elements, Parking Space Conveys, Secure Parking, Assigned
  • Garage Features: Underground
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 2

Utilities

  • Refuse: 21.83
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Heat Pump(s), Zoned
  • Heating Fuel: Electric
  • Heating Type: Forced Air, Heat Pump(s), Zoned
  • Heating: Yes
  • Hot Water: Multi-Tank
  • Security: 24 Hour Security, Desk In Lobby, Doorman, Exterior Cameras, Fire Detection System, Security Gate, Smoke Detector, Sprinkler System - Indoor
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 2418.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Basketball Courts, Billiard Room, Club House, Common Grounds, Concierge, Elevator, Exercise Room, Extra Storage, Fitness Center, Game Room, Gated Community, Guest Suites, Library, Meeting Room, Party Room, Pool - Indoor, Pool - Outdoor, Racquet Ball, Security, Sauna, Swimming Pool, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Custodial Services Maintenance, Ext Bldg Maint, Lawn Maintenance, Management, Pest Control, Pool(s), Recreation Facility, Reserve Funds, Road Maintenance, Sauna, Security Gate, Sewer, Snow Removal, Trash, Water
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: Concrete, Gunite, Heated, In Ground, Indoor

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: U
  • Property Condition: Excellent
  • Year Assessed: 2023
  • Zoning: .
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Pets: Size/Weight Restriction
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 16971.00
  • Assessor Parcel Number: 160703254301
  • Tax Total Finished Sq Ft: 1814
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 03/15/2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2024
Closed on
Mar 13, 2024
Sold by
Rita Smith Trachtenberg Revocable Trust
Bought by
Kramer Vivian B
Seller's Agent
Coley Reed
Long & Foster Real Estate, Inc.
Buyer's Agent
Coley Reed
Long & Foster Real Estate, Inc.
List Price
$1,975,000
Sold Price
$2,050,000
Premium/Discount to List
$75,000
3.8%
Views
33
Current Estimated Value
$1,932,959

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$117,041
Avg. Annual Appreciation
-4.45%

Purchase Details

Listed on
May 3, 2017
Closed on
Nov 16, 2017
Sold by
Trachtenberg Rita Smith and Trachtenberg Rita
Bought by
Trachtenberg Rita Smith and Trachtenberg David
Seller's Agent
Coley Reed
Long & Foster Real Estate, Inc.
Buyer's Agent
Coley Reed
Long & Foster Real Estate, Inc.
List Price
$1,950,000
Sold Price
$1,830,000
Premium/Discount to List
-$120,000
-6.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.81%
Original Mortgage
$1,500,000
Interest Rate
3.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 18, 2004
Sold by
Woods James E
Bought by
Woods Patricia A Trustee

Purchase Details

Closed on
Jul 21, 2004
Sold by
Woods James E
Bought by
Woods Patricia A Trustee

Purchase Details

Closed on
Jun 28, 1999
Sold by
Parc Somerset Ltd Ptnshp
Bought by
Woods James E and A P
Source: Public Records

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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
Kramer Vivian B $2,050,000 Fidelity National Title
Trachtenberg Rita Smith -- Paragon Title & Escrow Co
Woods Patricia A Trustee -- --
Woods Patricia A Trustee -- --
Woods James E $672,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Trachtenberg Rita Smith $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2024 03/15/24 Sold $2,050,000 +3.8% $1,130 / Sq Ft
02/09/2024 02/09/24 Pending -- -- --
02/09/2024 02/09/24 For Sale $1,975,000 +7.9% $1,089 / Sq Ft
11/16/2017 11/16/17 Sold $1,830,000 -1.1% $1,009 / Sq Ft
09/22/2017 09/22/17 Pending -- -- --
06/28/2017 06/28/17 Price Changed $1,850,000 -5.1% $1,020 / Sq Ft
05/03/2017 05/03/17 For Sale $1,950,000 0.0% $1,075 / Sq Ft
04/22/2015 04/22/15 Rented $6,200 0.0% --
04/22/2015 04/22/15 Under Contract -- -- --
04/15/2015 04/15/15 For Rent $6,200 +5.1% --
04/11/2013 04/11/13 Rented $5,900 +2.6% --
04/11/2013 04/11/13 Under Contract -- -- --
03/20/2013 03/20/13 For Rent $5,750 +4.5% --
06/01/2012 06/01/12 Rented $5,500 0.0% --
05/26/2012 05/26/12 Under Contract -- -- --
04/01/2012 04/01/12 For Rent $5,500 -- --
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 $16,958 $1,470,000 $441,000 $1,029,000
2023 $16,279 $1,470,000 $441,000 $1,029,000
2022 $15,798 $1,960,000 $588,000 $1,372,000
2021 $19,626 $1,840,000 $0 $0
2020 $18,313 $1,720,000 $0 $0
2019 $16,980 $1,600,000 $450,000 $1,150,000
2018 $16,165 $1,523,333 $0 $0
2017 $50 $1,446,667 $0 $0
2016 -- $1,370,000 $0 $0
2015 $13,565 $1,330,000 $0 $0
2014 $13,565 $1,290,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2119726

Bright MLS

APN: 07-03254301