NOT LISTED FOR SALE

5885 Colorado Ave NW Unit 403 Washington, DC 20011

16th Street Heights Neighborhood

Estimated Value: $221,000 - $382,000

1 Bed
1 Bath
634 Sq Ft
$413/mo HOA Fee

Last Sold August 26, 2022

Last sale price $270,000 $426 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,021/month

Highlights

  • Concierge
  • Bamboo Flooring
  • Dogs and Cats Allowed
  • Open Floorplan
  • Beamed Ceilings
  • 4-minute walk to Emery Heights Community Center

About This Home

As of August 2022

This beautiful, light-filled corner unit 1BR condo exudes cool with its loft design w/views of downtown DC. New development underway all around will only add more restaurant/retail options. The 10' ceilings throughout elevate your mood and make for great entertaining. Bamboo wood flooring and an easy to lay out living and dining area. Large Kitchen with plenty of counter and cabinet space, stainless steel appliances and black stone countertops. The living room features massive windows and industrial metal ceiling. Easy to configure separate dining and living areas. There are 2 large storage closets in the living room. A large carpeted bedroom provides versatility and comfort. Plus there is a big walk-in-closet. The bathroom features Italian marble, a soaking tub and a wide vanity. There is a stacked washer/dryer in the unit. Don't miss the expansive and uplifting rooftop with views to Virginia and monumental fireworks. The Lofts at Brightwood is a 15 year old well-maintained condominium w/secure lobby with a locked and coded package concierge, elevator and rooftop common areas. Love of community is strong in Brightwood. If you are warm of heart and eager to explore the city, then this is your spot! Within steps of grocery/big box stores and local businesses. Rock creek park is 2 blocks to the west, Silver Spring is 2 miles north and all of DC to the south.

Last Agent to Sell the Property

Phil Di Ruggiero

(202) 725-2250 phil.diruggiero@evrealestate.com Engel & Völkers Washington, DC Listed on: 06/16/2022

Engel & Völkers Washington, DC

Last Buyer's Agent

Janice Pouch

(917) 415-7810 janice.pouch@compass.com Compass

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,332

Year Built

  • Built in 2006

Lot Details

  • 261

HOA Fees

  • $413 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 634 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Beamed Ceilings
  • Washer and Dryer Hookup

Flooring

  • Bamboo
  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Accessible Home Design

  • Accessible Elevator Installed

Utilities

  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 2030
  • Assessor Parcel Number 2937//2030

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, insurance, management, reserve funds, sewer, snow removal, trash, water
  • Low-Rise Condominium
  • Lofts At Brightwood Condos
  • 16Th Street Heights Community
  • Brightwood Subdivision

Amenities

  • Concierge

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,332

Year Built

Built in 2006

Lot Details

0

HOA Fees

$413 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Loft With Bedrooms
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 2006
  • Automatically Close On Close Date: No
  • Remarks Public: This beautiful, light-filled corner unit 1BR condo exudes cool with its loft design w/views of downtown DC. New development underway all around will only add more restaurant/retail options. The 10' ceilings throughout elevate your mood and make for great entertaining. Bamboo wood flooring and an easy to lay out living and dining area. Large Kitchen with plenty of counter and cabinet space, stainless steel appliances and black stone countertops. The living room features massive windows and industrial metal ceiling. Easy to configure separate dining and living areas. There are 2 large storage closets in the living room. A large carpeted bedroom provides versatility and comfort. Plus there is a big walk-in-closet. The bathroom features Italian marble, a soaking tub and a wide vanity. There is a stacked washer/dryer in the unit. Don't miss the expansive and uplifting rooftop with views to Virginia and monumental fireworks. The Lofts at Brightwood is a 15 year old well-maintained condominium w/secure lobby with a locked and coded package concierge, elevator and rooftop common areas. Love of community is strong in Brightwood. If you are warm of heart and eager to explore the city, then this is your spot! Within steps of grocery/big box stores and local businesses. Rock creek park is 2 blocks to the west, Silver Spring is 2 miles north and all of DC to the south.
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 2
  • Flooring Type: Bamboo, Hardwood, Ceramic Tile
  • Interior Amenities: Exposed Beams, Floor Plan - Open
  • Levels Count: 1
  • Room Count: 4
  • Basement: No
  • Total Sq Ft: 634
  • Living Area Sq Ft: 634
  • Price Per Sq Ft: 441.48
  • Above Grade Finished Sq Ft: 634
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5885

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: Concrete
  • 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: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 413.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Lofts at Brightwood
  • HOA Condo Co-Op Amenities: Elevator, Concierge
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Management, Reserve Funds, Sewer, Snow Removal, Trash, Water
  • HOA: No
  • Senior Community: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 217740.00
  • Land Assessed Value: 93320.00
  • Soil Types: Urban Land-Sassafras-Chillum
  • Year Assessed: 2021
  • Zoning: MU-7B
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Assessor Parcel Number: 16153923
  • Tax Annual Amount: 2332.00
  • Assessor Parcel Number: 2937//2030
  • Tax Lot: 2030
  • Tax Total Finished Sq Ft: 630
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 08/26/2022

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2022
Closed on
Aug 26, 2022
Sold by
Brightwood Partners Llc
Bought by
Lopez Ana Isabel Marti
Seller's Agent
Phil Di Ruggiero
Engel & Völkers Washington, DC
Buyer's Agent
Janice Pouch
Compass
List Price
$290,000
Sold Price
$270,000
Premium/Discount to List
-$20,000
-6.9%
Current Estimated Value
$280,091

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,091
Avg. Annual Appreciation
-2.61%

Purchase Details

Closed on
Dec 2, 2011
Sold by
Tombari Edward A
Bought by
Brightwood Partners Llc

Purchase Details

Closed on
Mar 15, 2007
Sold by
5832 Georgia Llc
Bought by
Tombari Edward A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,000
Interest Rate
6.33%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Lopez Ana Isabel Marti $270,000 --
Brightwood Partners Llc $119,000 --
Tombari Edward A $271,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tombari Edward A $271,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2022 08/26/22 Sold $270,000 -3.5% $426 / Sq Ft
08/03/2022 08/03/22 Pending -- -- --
06/29/2022 06/29/22 Price Changed $279,900 -3.5% $441 / Sq Ft
06/16/2022 06/16/22 For Sale $290,000 -- $457 / 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 $1,552 $284,860 $85,460 $199,400
2023 $1,919 $324,440 $97,330 $227,110
2022 $2,527 $311,060 $93,320 $217,740
2021 $2,333 $287,760 $86,330 $201,430
2020 $1,990 $234,090 $70,230 $163,860
2019 $1,753 $206,290 $61,890 $144,400
2018 $1,644 $193,460 $0 $0
2017 $1,524 $179,290 $0 $0
2016 $1,430 $168,280 $0 $0
2015 $1,314 $154,630 $0 $0
2014 $1,215 $142,970 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Phil Di Ruggiero

    Seller's Agent in 2022

    Phil Di Ruggiero

    Engel & Völkers Washington, DC

    (202) 725-2250

    11 in this area

    101 Total Sales

    Phil Di Ruggiero
    Section Image
  • Janice Pouch

    Buyer's Agent in 2022

    Janice Pouch

    Compass

    (917) 415-7810

    3 in this area

    115 Total Sales

    Janice Pouch
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DCDC2054430

Bright MLS

APN: 2937-2030

District of Columbia District of Columbia County Washington 20011 16th Street Heights

5885 Colorado Ave NW Unit 403, Washington, DC

This home is located at 5885 Colorado Ave NW Unit 403, Washington, DC 20011 since 16 June 2022 and is currently estimated at $280,091, approximately $441 per square foot. This property was built in 2006. 5885 Colorado Ave NW Unit 403 is a home located in District of Columbia with nearby schools including Brightwood Elementary School, Ida B. Wells Middle School, and Coolidge High School.

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