NOT LISTED FOR SALE

Estimated Value: $437,000 - $485,000

1 Bed
1 Bath
817 Sq Ft
$569/mo HOA Fee

Last Sold April 30, 2012

Last sale price $443,000 $542 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,293/month

3 Days on Market

Highlights

  • Concierge
  • 2-minute walk to Archives-Navy Memorial
  • Newspaper Service
  • Thomson Elementary School Rated A-
  • Fitness Center
  • Private Pool

About This Home

As of April 2012

Terrific value at The Lafayette in Penn Quarter! Sun-filled living space w/ an open floorplan, 1 bed,1 bath, 4 large doors opening to your over-sized, 475 sq.ft. patio, full size gourmet kitchen & spa-size bath. 24 hour desk, roof-top pool, 2 fitness centers, theater, business ctr & game room. Steps from metro, restaurants, clubs & museums. The perfect place to call home! Open House Sat & Sun

Last Agent to Sell the Property

Frances Smock

(703) 528-8195 fran@fransmock.com Century 21 Redwood Realty Listed on: 03/22/2012

Century 21 Redwood Realty

Last Buyer's Agent

Amit Magdieli

(202) 422-8881 amit@mpmdc.com Fairfax Realty Premier

Fairfax Realty Premier

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2004

Lot Details

  • 44

HOA Fees

  • $569 Monthly HOA Fees

Parking

  • Parking Fee

Home Design

  • Contemporary Architecture
  • Brick Front

Interior Spaces

  • 817 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Combination Dining and Living Room
  • Stacked Washer and Dryer

Kitchen

  • Breakfast Area or Nook
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • En-Suite Bathroom
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Public Septic

Additional Features

  • Private Pool
  • Property is in very good condition

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 2029
  • Assessor Parcel Number 0457//2029

Community Details

Overview

  • Moving Fees Required
  • Association fees include common area maintenance, custodial services maintenance, exterior building maintenance, lawn maintenance, management, insurance, pool(s), snow removal, security gate
  • High-Rise Condominium
  • Central Community
  • The community has rules related to moving in times

Amenities

  • Concierge
  • Newspaper Service
  • Picnic Area
  • Common Area
  • Billiard Room
  • Community Center
  • Meeting Room
  • Party Room
  • Elevator

Recreation

Pet Policy

  • Pets Allowed

Security

  • Security Service

Property Details

Home Type

Condominium

Year Built

Built in 2004

Lot Details

0

HOA Fees

$569 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • Home Warranty: Yes
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 2004
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Disposal, Microwave, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked
  • Interior Amenities: Breakfast Area, Combination Dining/Living, Entry Level Bedroom, Upgraded Countertops, Master Bath(s), Floor Plan - Open
  • Fireplace: No
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 817
  • Living Area Sq Ft: 817
  • Price Per Sq Ft: 538.55
  • Above Grade Finished Sq Ft: 817
  • Above Grade Finished Area Units: Square Feet

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
  • Construction Materials: Brick Front
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community, Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Parking Fee

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Septic, Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 568.58
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Billiard Room, Common Grounds, Community Center, Concierge, Elevator, Exercise Room, Meeting Room, Newspaper Service, Party Room, Picnic Area, Pool - Outdoor, Security
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Custodial Services Maintenance, Ext Bldg Maint, Lawn Maintenance, Management, Insurance, Pool(s), Snow Removal, Security Gate
  • HOA Condo Co-Op Rules: Elevator Use, Moving Fees Required, Moving In Times, Pets - Allowed
  • HOA: Yes

Lot Info

  • Improvement Assessed Value: 259540.00
  • Land Assessed Value: 111230.00
  • Property Condition: Very Good
  • Soil Types: Unknown

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16142051
  • Assessor Parcel Number: 0457//2029
  • Tax Lot: 2029
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2020
Sold by
Azerrad David
Bought by
Krambeck Holly V
Current Estimated Value
$457,929

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Outstanding Balance
$348,192
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$109,737

Purchase Details

Listed on
Mar 22, 2012
Closed on
Apr 30, 2012
Sold by
Hermann Megan N
Bought by
Azerrad David
Seller's Agent
Frances Smock
Century 21 Redwood Realty
Buyer's Agent
Amit Magdieli
Fairfax Realty Premier
List Price
$439,999
Sold Price
$443,000
Premium/Discount to List
$3,001
0.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.24%
Original Mortgage
$270,000
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2009
Sold by
Derickson Craig
Bought by
Hermann Megan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
5.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 11, 2004
Sold by
Lafayette Pq Trust
Bought by
Derickson Craig R and Derickson Katherine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$341,520
Interest Rate
5.8%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Krambeck Holly V $490,000 None Available
Azerrad David $443,000 --
Hermann Megan $415,000 --
Derickson Craig R $426,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Krambeck Holly V $392,000
Previous Owner Azerrad David $270,000
Previous Owner Hermann Megan $75,000
Previous Owner Derickson Craig R $341,520
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2012 04/30/12 Sold $443,000 +0.7% $542 / Sq Ft
03/25/2012 03/25/12 Pending -- -- --
03/22/2012 03/22/12 For Sale $439,999 -- $539 / 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 $3,790 $461,560 $138,470 $323,090
2024 $3,898 $473,720 $142,120 $331,600
2023 $3,954 $479,900 $143,970 $335,930
2022 $3,908 $473,550 $142,060 $331,490
2021 $3,511 $464,560 $139,370 $325,190
2020 $3,185 $450,360 $135,110 $315,250
2019 $4,997 $445,130 $133,540 $311,590
2018 $3,161 $445,270 $0 $0
2017 $3,197 $448,550 $0 $0
2016 $3,036 $428,840 $0 $0
2015 $2,138 $420,750 $0 $0
2014 $1,888 $377,720 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003907382

Bright MLS

APN: 0457-2029