NOT LISTED FOR SALE

Estimated Value: $467,000 - $500,000

1 Bed
1.5 Baths
880 Sq Ft
$485/mo HOA Fee

Last Sold June 11, 2021

Last sale price $505,000 $574 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $3,332/month

25 Days on Market

Highlights

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

About This Home

As of June 2021

FOR SALE: Rarely available 1 bedroom, 1.5 bath end unit in the luxurious Lafayette at Penn Quarter. Large windows provide abundant natural lighting and lovely courtyard views. The open kitchen features stainless steel electric range and oven, refrigerator and dishwasher, and granite countertops. The rare half bath features a pedestal sink. The large bedroom has custom closet shelving and en-suite bath complete with a spa-sized soaking tub. There are multiple large closets throughout and additional custom shelving in the in-unit laundry area. Finally, the home has access to high-speed (300/300 mbps) low cost ($50/mo) internet through Starry.Com. BUILDING FEATURES: Building features: Rooftop pool, professional grade grill, dining areas with views of the Washington Monument, Capitol, and July 4th fireworks. 2 Fully outfitted fitness center with new equipment. Secure building with 24/7 front desk; concierge and dry cleaning service. Party room with flat screen TV. Business center. Movie theater room available for tenant use. Quiet, landscaped interior courtyard. Indoor garage parking available below the building, with direct access elevators. ($275/month). The Clara Barton and Lafayette Condominiums are an exclusive, full-amenity residential community, 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, or take in a show at many local theater or playhouses -- it is all within walking distance! There are three metro stations nearby (Gallery Place, Archives and Judiciary Square) and we are just mere blocks to 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.

Last Agent to Sell the Property

Thomas Lee

(202) 888-6285 thomas.s.lee@gmail.com EXP Realty, LLC License #SP98364794 Listed on: 04/21/2021

EXP Realty, LLC

Last Buyer's Agent

Melissa Lango

(610) 554-9689 melissa@kokiisthekey.com Compass

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,571

Year Built

  • Built in 2004

Lot Details

  • Two or More Common Walls
  • Downtown Location
  • North Facing Home
  • Property is in very good condition

HOA Fees

  • $485 Monthly HOA Fees

Parking

  • Assigned Subterranean Space
  • Basement Garage
  • Rear-Facing Garage

Home Design

  • Entry on the 2nd floor
  • Brick Exterior Construction
  • Slab Foundation
  • Concrete Roof
  • Metal Roof
  • Piling Construction
  • Concrete Perimeter Foundation
  • Masonry

Interior Spaces

  • 880 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Crown Molding
  • Ceiling height of 9 feet or more
  • Whole House Fan
  • Double Pane Windows
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Six Panel Doors
  • Combination Kitchen and Living

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal
  • Instant Hot Water

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Home Security

  • Monitored
  • Security Gate
  • Intercom
  • Exterior Cameras

Eco-Friendly Details

  • Grid-tied solar system exports excess electricity
  • Whole House Exhaust Ventilation
  • Whole House Supply Ventilation

Utilities

  • Central Air
  • Dehumidifier
  • Heating unit installed on the ceiling
  • Heat Pump System
  • Vented Exhaust Fan
  • Programmable Thermostat
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 2015
  • Assessor Parcel Number 0457//2015

Community Details

Overview

  • $500 Elevator Use Fee
  • Association fees include exterior building maintenance, air conditioning, custodial services maintenance, lawn maintenance, management, insurance, pool(s), recreation facility, reserve funds, security gate, all ground fee, common area maintenance, lawn care front, lawn care rear, lawn care side, trash, snow removal
  • 173 Units
  • Lafayette Homeowners' Association
  • High-Rise Condominium
  • Lafayette Condominiums At Penn Quarter Condos, Phone Number (202) 347-3466
  • Built by JPI
  • Central Community
  • Central Subdivision
  • Property Manager

Amenities

  • Concierge
  • Doorman
  • Fax or Copying Available
  • Picnic Area
  • Common Area
  • Billiard Room
  • Community Center
  • Meeting Room
  • Party Room
  • Community Library
  • Recreation Room
  • Bar or Lounge
  • 3 Elevators

Recreation

Pet Policy

  • Limit on the number of pets

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,571

Year Built

Built in 2004

Lot Details

0

HOA Fees

$485 per month

Parking

400

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: 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: Washer/Dryer Hookups Only, Cooktop, Dishwasher, Disposal, Dryer, Instant Hot Water, Exhaust Fan, Icemaker, Microwave, Oven/Range - Electric, Refrigerator, Washer, Washer/Dryer Stacked, Water Heater, Dryer - Front Loading
  • Entry Floor: 2
  • Flooring Type: Wood, Carpet, Ceramic Tile
  • Interior Amenities: Combination Kitchen/Living, Breakfast Area, Upgraded Countertops, Crown Moldings, Window Treatments, Elevator, Wood Floors, Floor Plan - Traditional
  • Window Features: Double Pane, Insulated, Screens
  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Door Features: Six Panel
  • Elevators Count: 3
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall
  • Foundation Details: Concrete Perimeter, Slab, Pilings
  • Levels Count: 1
  • Room List: Living Room, Kitchen
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 880
  • Living Area Sq Ft: 880
  • Price Per Sq Ft: 573.86
  • Above Grade Finished Sq Ft: 880
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Concrete, Masonry
  • Road Surface Type: Black Top
  • Roof: Concrete, Metal
  • View: City
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 400.00
  • Garage: No
  • Garage Features: Basement Garage, Covered Parking, Garage - Rear Entry, Inside Access, Underground
  • Total Garage And Parking Spaces: 400
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 400

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Dehumidifier, Programmable Thermostat, Whole House Exhaust Ventilation, Whole House Fan, Whole House Supply Ventilation
  • Previous Twelve Months Electric Expense: 600.00
  • Heating Fuel: Natural Gas
  • Heating Type: Programmable Thermostat, Heat Pump(s), Ceiling
  • Heating: Yes
  • Hot Water: Electric
  • Security: 24 Hour Security, Desk In Lobby, Doorman, Electric Alarm, Exterior Cameras, Fire Detection System, Intercom, Monitored, Security Gate, Surveillance Sys, Smoke Detector, Security System
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Natural Gas Available, Water Available, Sewer Available, Phone Available
  • Water Previous Twelve Months: 600.00
  • Water Source: Public
  • Internet Services: DSL, Fiber Optic, Broadband

Condo/Co-op/Association

  • HOA Fee Frequency: Unknown
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 485.37
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Lafayette Condominiums at Penn Quarter
  • Condo Co-Op Phone: (202) 347-3466
  • Elevator Use Fee: 500.00
  • HOA Condo Co-Op Amenities: Swimming Pool, Recreational Center, Pool - Outdoor, Security, Community Center, Exercise Room, Concierge, Party Room, Picnic Area, Meeting Room, Library, Gated Community, Fitness Center, Fax/Copying, Elevator, Common Grounds, Club House, Cable, Billiard Room, Bar/Lounge
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Air Conditioning, Custodial Services Maintenance, Lawn Maintenance, Management, Insurance, Pool(s), Recreation Facility, Reserve Funds, Security Gate, All Ground Fee, Common Area Maintenance, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Trash, Snow Removal
  • HOA Condo Co-Op Management Type: Professional - On-Site, Professional - Off-Site
  • HOA Name: LAFAYETTE HOMEOWNERS' ASSOCIATION
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: Above Ground, Concrete, Filtered

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • School District Source: Listing Agent

Green Features

  • Green Power: Grid-Tied
  • Clean Green Assessed: No
  • Green Indoor Air Qlty: Integrated Pest Management, Ventilation, Moisture Control
  • Green Sustainability: Conserving Materials/Methods, Onsite Recycling Center
  • Green Water Conservation: Efficient Hot Water Distribution, Low-Flow Fixtures

Lot Info

  • Horses: No
  • Improvement Assessed Value: 357860.00
  • Land Assessed Value: 153370.00
  • Property Condition: Very Good
  • Soil Types: Urban Land-Sassafras-Chillum
  • Zoning: D6R
  • In City Limits: Yes

Building Info

  • Builder Name: JPI

Rental Info

  • Pets: Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 16142058
  • Tax Annual Amount: 3571.00
  • Assessor Parcel Number: 0457//2015
  • Tax Lot: 2015
  • 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
Apr 21, 2021
Closed on
Jun 10, 2021
Sold by
Derkowski Benjamin
Bought by
Schmitz Kelly L and Metcalf Matthew D
Seller's Agent
Thomas Lee
EXP Realty, LLC
Buyer's Agent
Melissa Lango
Compass
List Price
$505,000
Sold Price
$505,000
Current Estimated Value
$480,090

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$24,910
Avg. Annual Appreciation
-1.12%
Original Mortgage
$424,200
Outstanding Balance
$383,223
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$96,867

Purchase Details

Closed on
Jul 30, 2009
Sold by
Mccarthy Martin
Bought by
Derkowski Benjamin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,615
Interest Rate
5.43%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 26, 2006
Sold by
Egle Ryan M
Bought by
Mccarthy Martin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 22, 2004
Sold by
Lafayette Pq Trust
Bought by
Egle Ryan M and Egle Jolyn P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,700
Interest Rate
5.75%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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
Schmitz Kelly L $505,000 Kvs Title Llc
Derkowski Benjamin $420,000 --
Mccarthy Martin $410,000 --
Egle Ryan M $305,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmitz Kelly L $424,200
Previous Owner Derkowski Benjamin $384,615
Previous Owner Mccarthy Martin $200,000
Previous Owner Egle Ryan M $244,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/11/2021 06/11/21 Sold $505,000 0.0% $574 / Sq Ft
05/16/2021 05/16/21 Pending -- -- --
04/21/2021 04/21/21 For Sale $505,000 -- $574 / 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
2025 $3,865 $470,330 $141,100 $329,230
2024 $3,955 $480,410 $144,120 $336,290
2023 $4,044 $490,420 $147,130 $343,290
2022 $4,305 $520,290 $156,090 $364,200
2021 $3,583 $511,230 $153,370 $357,860
2020 $3,572 $495,890 $148,770 $347,120
2019 $3,524 $489,410 $146,820 $342,590
2018 $3,538 $489,580 $0 $0
2017 $3,578 $493,340 $0 $0
2016 $3,397 $471,330 $0 $0
2015 $2,471 $462,600 $0 $0
2014 $2,190 $413,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC518140

Bright MLS

APN: 0457-2015