NOT LISTED FOR SALE

Estimated Value: $338,236 - $441,000

-- Bed
1 Bath
540 Sq Ft
$724/Sq Ft Est. Value

Last Sold July 14, 2017

Last sale price $335,000 $620 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,405/month

About This Home

As of July 2017

FOR RENT: A Bright, Spacious Studio Home with a Walk-Out Balcony is now available for rent in the Clara Barton - Lafayette Condominiums. The home comes with built in shelving and has Electric Kitchen Appliances, Granite Counter tops, a Breakfast Overhang Bar, Under Cabinet Lighting, and a Garbage Disposal system in the kitchen. The home has wall to wall Berber carpeting throughout the living spaces. The spacious Bathroom has a cultured marble vanity. Two large Closets provide plenty of storage. The home has access to a high-speed Internet connection for a flat $50 a month fee (200 mbps down / 300 mpbs up) and much more. The home may be rented out to up to two occupants. Building Features: Rooftop pool, professional grill, dining areas with views of the Washington Monument, the Capitol Building, and the July 4th fireworks. Residents will also have access to two fully outfitted fitness centers with new equipment. There is a 24/7 front desk concierge service. The Party Room has a brand new large flat screen TV, there is a Business center with Internet access, a Scanner, Shredder and Laser Printer. A Movie theater room is also available for tenant use. There is a quiet, landscaped interior courtyard. And residents have direct access to the underground parking garage where a parking spot can be rented out for $275 per month. The Clara Barton and Lafayette Condominiums is situated in the vibrant, historic Penn Quarter neighborhood. It is located only a few blocks from the National Mall, so you can wander through the Smithsonian Museums, enjoy coffee at the Portrait Gallery, have lunch at the Sculpture Garden, stroll through the Botanical Gardens, shop in the heart of the retail district, dine at one of many award-winning local restaurants, enjoy free summer concerts at Navy Memorial, and take in a show at the many local theater or playhouses -- it is all within walking distance! There are also three metro stations nearby (Gallery Place, Archives and Judiciary Square) and we are just a few blocks away from two highway underpasses that will take you onto 695 that connects to 395 (for access to VA) and 295 for (for access to MD). The Condo's location provides unrivaled access to the very best of what the Capital City has to offer.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2017
Closed on
Jul 14, 2017
Sold by
Lipscomb George and Lipscomb Karen
Bought by
Lee Hoonjoo
Seller's Agent
Judy Glazer
Century 21 Redwood Realty
Buyer's Agent
Stuart Sloan
KW Metro Center
List Price
$350,000
Sold Price
$335,000
Premium/Discount to List
-$15,000
-4.29%
Current Estimated Value
$391,059

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,059
Avg. Annual Appreciation
2.00%
Original Mortgage
$268,000
Outstanding Balance
$225,457
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$165,602

Purchase Details

Closed on
Aug 26, 2008
Sold by
Us Bank Natl Association
Bought by
Lipscomb George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.43%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 12, 2008
Sold by
Clarke James
Bought by
Wachovia Bank Natl Association

Purchase Details

Closed on
Apr 10, 2006
Sold by
Wear Gerald
Bought by
Wear Norman

Purchase Details

Closed on
Jun 1, 2005
Sold by
Clara Pq Trust
Bought by
Wear Norman and Wear Gerald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,025
Interest Rate
5.78%
Mortgage Type
New Conventional

Range of Values:

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Average Value
Not Available
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
Lee Hoonjoo $335,000 Universal Title
Lipscomb George $249,900 --
Wachovia Bank Natl Association $232,000 --
Wear Norman $121,450 --
Wear Norman $249,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Hoonjoo $268,000
Previous Owner Lipscomb George $228,000
Previous Owner Lipscomb George A $100,000
Previous Owner Wear Norman G $71,000
Previous Owner Wear Norman $237,025
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2021 07/31/21 Rented $1,750 0.0% --
07/27/2021 07/27/21 Under Contract -- -- --
07/11/2021 07/11/21 For Rent $1,750 0.0% --
06/17/2021 06/17/21 Off Market $1,750 -- --
05/22/2021 05/22/21 For Rent $1,750 0.0% --
07/14/2017 07/14/17 Sold $335,000 -4.3% $616 / Sq Ft
06/25/2017 06/25/17 Pending -- -- --
05/22/2017 05/22/17 For Sale $350,000 -- $643 / Sq Ft

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 $2,845 $349,870 $104,960 $244,910
2023 $2,829 $347,510 $104,250 $243,260
2022 $2,827 $346,390 $103,920 $242,470
2021 $2,727 $334,060 $100,220 $233,840
2020 $2,858 $336,220 $100,870 $235,350
2019 $2,815 $331,140 $99,340 $231,800
2018 $2,815 $331,220 $0 $0
2017 $2,831 $333,110 $0 $0
2016 $2,716 $319,570 $0 $0
2015 $2,080 $313,040 $0 $0
2014 -- $291,830 $0 $0
Source: Public Records

Agents Affiliated with this Home

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