NOT LISTED FOR SALE

Estimated Value: $906,000 - $1,211,236

3 Beds
3.5 Baths
1,740 Sq Ft
44 Sq Ft Lot

Last Sold December 22, 2020

Last sale price $1,105,000 $635 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $7,253/month

34 Days on Market

Highlights

  • Concierge
  • 2-minute walk to Archives-Navy Memorial
  • 24-Hour Security
  • Thomson Elementary School Rated A-
  • Fitness Center
  • City View

About This Home

As of December 2020

Extremely rare, spacious penthouse in The Lafayette with breathtaking monument views & a private terrace! Downtown Penn Quarter living built in 2004 with over 1,700 square feet and 2 outdoor spaces! 3 floors of sunny living space and a private roof deck makes up this 3 bedroom + Den, 3.5 bathroom condo that lives like a townhouse. A spectacular 2-story living room with floor to ceiling windows, along with a renovated half bath, upgraded floors and kitchen. Walk to a Caps or Wizards game (wishful thinking?) or stroll over to some amazing Jose Andreas eateries. Amenities include a screening room, 30 x 30 pool, 2 gym’s, billiards, concierge and more to keep you entertained. The building has rental parking underground. The seller currently rents two spots as the whole building has rental parking. Hallway modernization renovations in the works with new trim and paint. Plenty of metros nearby, easy access to the highway for in and out of the city and a short jaunt to National Airport.

Last Agent to Sell the Property

Mark Rutstein

(202) 386-6330 Mark@DCRealEstate.com Compass Listed on: 09/10/2020

Compass

Co-Listed By

Stephen Rutgers

(202) 386-6330 stephen@dcrealestate.com Compass License #SP98373283

Last Buyer's Agent

Shaunta Lee

(202) 243-7700 slee716@gmail.com Keller Williams Capital Properties License #5004414

Keller Williams Capital Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,413

Year Built

  • Built in 2004

Lot Details

  • Property is in excellent condition

HOA Fees

  • $1,249 Monthly HOA Fees

Parking

  • Assigned Parking Garage Space
  • Side Facing Garage
  • Garage Door Opener
  • On-Site Parking for Rent

Home Design

  • Contemporary Architecture
  • Entry on the 2nd floor
  • Brick Exterior Construction

Interior Spaces

  • 1,740 Sq Ft Home
  • Property has 3 Levels
  • Wood Flooring

Kitchen

  • Gas Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet

Laundry

  • Laundry in unit
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 2158
  • Assessor Parcel Number 0457//2158

Community Details

Overview

  • Association fees include pool(s), exterior building maintenance, insurance, snow removal, trash, management, sewer
  • High-Rise Condominium
  • The Lafayette Condos, Phone Number (202) 647-6808
  • Central Community
  • Penn Quarter Subdivision

Amenities

  • Concierge
  • Game Room
  • Meeting Room
  • Elevator

Recreation

Pet Policy

  • Dogs and Cats Allowed

Security

  • 24-Hour Security
  • Front Desk in Lobby
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,413

Year Built

Built in 2004

Lot Details

44 Sq Ft Lot

HOA Fees

$1,249 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 2004
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Oven/Range - Gas, Washer, Refrigerator
  • Entry Floor: 2
  • Interior Amenities: Wood Floors, Walk-In Closet(s)
  • Levels Count: 3
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1740
  • Living Area Sq Ft: 1740
  • Price Per Sq Ft: 660.92
  • Above Grade Finished Sq Ft: 1740
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • All Lower Level Bedrooms: 2
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 2
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 2.00
  • Lower Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • View: City
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: No
  • Parking Features: On-Site - Rent
  • Garage Features: Garage Door Opener, Covered Parking, Garage - Side Entry, Inside Access
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: 24 Hour Security, Desk In Lobby, Resident Manager
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1248.57
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: The Lafayette
  • Condo Co-Op Phone: 202-647-6808
  • HOA Condo Co-Op Amenities: Pool - Outdoor, Fitness Center, Game Room, Concierge, Elevator, Meeting Room
  • HOA Condo Co-Op Fee Includes: Pool(s), Ext Bldg Maint, Insurance, Snow Removal, Trash, Management, Sewer
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA: No
  • Senior Community: No

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 680880.00
  • Land Assessed Value: 291800.00
  • Property Condition: Excellent
  • Soil Types: Urban Land-Sassafras-Chillum
  • Zoning: RES
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Assessor Parcel Number: 16141939
  • Tax Annual Amount: 7413.00
  • Assessor Parcel Number: 0457//2158
  • Tax Lot: 2158
  • Tax Data Updated: No
  • Tax Year: 2020

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2020
Closed on
Dec 22, 2020
Sold by
Darrah Jeffrey Scott and Johnson Isaac Leaphmon
Bought by
Maratto Michael Paul and Maratto Nina Clare
Seller's Agent
Mark Rutstein
Compass
Buyer's Agent
Shaunta Lee
Keller Williams Capital Properties
List Price
$1,150,000
Sold Price
$1,105,000
Premium/Discount to List
-$45,000
-3.91%
Current Estimated Value
$1,024,412

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$80,588
Avg. Annual Appreciation
-1.43%
Original Mortgage
$705,000
Outstanding Balance
$627,350
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$397,062

Purchase Details

Closed on
Jul 30, 2012
Sold by
Debell John T
Bought by
Darrah Jeffrey S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$514,800
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 23, 2005
Sold by
Lafayette Pq Trust
Bought by
Wilson Leon A and Cadagin Mary G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$697,600
Interest Rate
5.68%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
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Adjusted for Inflation
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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
Maratto Michael Paul $1,105,000 None Available
Darrah Jeffrey S $643,500 --
Wilson Leon A $872,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maratto Michael Paul $705,000
Previous Owner Darrah Jeffrey S $514,800
Previous Owner Wilson Leon A $697,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/22/2020 12/22/20 Sold $1,105,000 -3.9% $635 / Sq Ft
10/14/2020 10/14/20 Pending -- -- --
09/10/2020 09/10/20 For Sale $1,150,000 -- $661 / Sq Ft
Source: Bright MLS

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
2025 $7,375 $973,170 $291,950 $681,220
2024 $7,509 $985,610 $295,680 $689,930
2023 $7,501 $981,230 $294,370 $686,860
2022 $8,187 $976,960 $293,090 $683,870
2021 $7,830 $972,680 $291,800 $680,880
2020 $7,414 $947,910 $284,370 $663,540
2019 $7,150 $916,000 $274,800 $641,200
2017 $7,184 $917,580 $0 $0
2016 $6,799 $871,580 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC486044

Bright MLS

APN: 0457-2158

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