NOT LISTED FOR SALE

Estimated Value: $400,607 - $436,000

1 Bed
1 Bath
690 Sq Ft
$502/mo HOA Fee

Last Sold August 19, 2022

Last sale price $442,000 $641 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $3,078/month

52 Days on Market

Highlights

  • Fitness Center
  • 2-minute walk to Archives-Navy Memorial
  • Contemporary Architecture
  • Thomson Elementary School Rated A-
  • Open Floorplan
  • Wood Flooring

About This Home

As of August 2022

Welcome to The Lafayette. Total of 178 condos and sister to The Clara Barton at 616 E St NW. Shared amenities in this centrally located property include two 24/7 front desks, courtyard, theater, business center, two fitness centers, roof deck, pool, and al fresco grills. This third floor, courtyard facing, one bedroom is perfect as a pied-e-terre, for a hill staffer, or a return to Penn Ave offices. Updates include custom closets as well as a built-ins on the far living room wall serving as a tv stand as well as dry bar and library. As seen by the comfy furniture there is plenty of space for home office and a breakfast bar. Stacked washer and dryer in hall next to the dual entry bath. Parking guaranteed for all owners currently at $275/mth. One block to the Archives/Penn Quarter metro, two blocks to Capitol One Center and The Portrait Gallery. Six blocks to City Center Restaurants and Retail. Seven blocks to the Safeway and shops at City Vista.

Last Listed By

Michael Shosh

Century 21 Redwood Realty Listed on: 05/27/2022

Century 21 Redwood Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,777

Year Built

  • Built in 2004

Lot Details

  • 44

HOA Fees

  • $502 Monthly HOA Fees

Parking

  • Assigned Parking Garage Space
  • Basement Garage
  • On-Site Parking for Rent

Home Design

  • Contemporary Architecture
  • Brick Front

Interior Spaces

  • 690 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Window Treatments
  • Combination Kitchen and Living
  • Wood Flooring
  • Monitored
  • Stacked Washer and Dryer

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • 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
  • Cable TV Available

Additional Features

  • Accessible Elevator Installed
  • Property is in very good condition

Listing and Financial Details

  • Tax Lot 2032
  • Assessor Parcel Number 0457//2032

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, management, insurance, pool(s), trash, custodial services maintenance, lawn maintenance, recreation facility, reserve funds, sewer, snow removal
  • 173 Units
  • High-Rise Condominium
  • The Lafayette At Penn Quarter Community
  • Penn Quarter Subdivision
  • Property Manager

Amenities

  • Common Area
  • Community Center
  • Party Room
  • 2 Elevators

Recreation

Pet Policy

  • Dogs and Cats Allowed

Security

  • Security Service
  • Front Desk in Lobby
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,777

Year Built

Built in 2004

Lot Details

0

HOA Fees

$502 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Contemporary
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Year Built: 2004
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to The Lafayette. Total of 178 condos and sister to The Clara Barton at 616 E St NW. Shared amenities in this centrally located property include two 24/7 front desks, courtyard, theater, business center, two fitness centers, roof deck, pool, and al fresco grills. This third floor, courtyard facing, one bedroom is perfect as a pied-e-terre, for a hill staffer, or a return to Penn Ave offices. Updates include custom closets as well as a built-ins on the far living room wall serving as a tv stand as well as dry bar and library. As seen by the comfy furniture there is plenty of space for home office and a breakfast bar. Stacked washer and dryer in hall next to the dual entry bath. Parking guaranteed for all owners currently at $275/mth. One block to the Archives/Penn Quarter metro, two blocks to Capitol One Center and The Portrait Gallery. Six blocks to City Center Restaurants and Retail. Seven blocks to the Safeway and shops at City Vista.
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked
  • Entry Floor: 3
  • Interior Amenities: Combination Kitchen/Living, Kitchen - Island, Elevator, Built-Ins, Upgraded Countertops, Crown Moldings, Primary Bath(s), Window Treatments, Wood Floors, Floor Plan - Open
  • Fireplace: No
  • Elevators Count: 2
  • Wall Ceiling Types: Dry Wall
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Room List: Living Room, Kitchen, Bedroom 1, Bathroom 1
  • Basement: No
  • Total Sq Ft: 690
  • Living Area Sq Ft: 690
  • Price Per Sq Ft: 636.23
  • Above Grade Finished Sq Ft: 690
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 631

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: Brick Front
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: On-Site - Rent
  • Garage Features: Basement Garage
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Security: Desk In Lobby, Monitored, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 502.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Community Center, Elevator, Exercise Room, Party Room, Security, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Management, Insurance, Pool(s), Trash, Custodial Services Maintenance, Lawn Maintenance, Recreation Facility, Reserve Funds, Sewer, Snow Removal
  • 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: 298080.00
  • Land Assessed Value: 127750.00
  • Property Condition: Very Good
  • Soil Types: Urban Land-Sassafras-Chillum
  • Year Assessed: 2021
  • Zoning: D-6-R
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Assessor Parcel Number: 16142045
  • Tax Annual Amount: 2777.00
  • Assessor Parcel Number: 0457//2032
  • Tax Lot: 2032
  • Tax Total Finished Sq Ft: 690
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 08/19/2022

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2022
Closed on
Aug 17, 2022
Sold by
Armentrout Clayton S
Bought by
Sou Sovady
Seller's Agent
Michael Shosh
Century 21 Redwood Realty
Buyer's Agent
Yessenia Nieves
Compass
List Price
$448,000
Sold Price
$442,000
Premium/Discount to List
-$6,000
-1.34%
Total Days on Market
52
Views
5
Current Estimated Value
$421,402

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$20,598
Avg. Annual Appreciation
-1.36%
Original Mortgage
$331,500
Outstanding Balance
$319,872
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$105,979

Purchase Details

Closed on
Sep 26, 2007
Sold by
Gusmao Carlos
Bought by
Chance Henry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
6.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 2004
Sold by
Lafayette Pq Trust
Bought by
Gusmao Carlos H and Gonzalez Gusmao Ilenia E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,800
Interest Rate
5.75%
Mortgage Type
New Conventional

Range of Values:

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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
Sou Sovady $442,000 Old Republic Title
Chance Henry $378,000 --
Gusmao Carlos H $269,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sou Sovady $331,500
Previous Owner Armentrout Clayton S $353,600
Previous Owner Chance Henry M $231,000
Previous Owner Chance Henry M $260,000
Previous Owner Chance Henry $272,000
Previous Owner Gonzalez Gusmao Ilenia E $70,000
Previous Owner Gonzalez Gusmao Ilenia E $294,000
Previous Owner Gusmao Carlos H $261,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2022 08/19/22 Sold $442,000 +0.7% $641 / Sq Ft
07/18/2022 07/18/22 Pending -- -- --
06/23/2022 06/23/22 Price Changed $439,000 -2.0% $636 / Sq Ft
05/27/2022 05/27/22 For Sale $448,000 +1.4% $649 / Sq Ft
07/22/2016 07/22/16 Sold $442,000 -3.9% $641 / Sq Ft
06/20/2016 06/20/16 Pending -- -- --
06/03/2016 06/03/16 For Sale $460,000 -- $667 / 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 $2,752 $426,030 $127,810 $298,220
2023 $2,836 $432,350 $129,700 $302,650
2022 $2,834 $425,830 $127,750 $298,080
2021 $2,778 $416,460 $124,940 $291,520
2020 $2,784 $403,280 $120,980 $282,300
2019 $2,761 $399,730 $119,920 $279,810
2018 $2,775 $399,840 $0 $0
2017 $2,806 $402,530 $0 $0
2016 $2,666 $385,360 $0 $0
2015 $1,779 $377,860 $0 $0
2014 $1,561 $339,270 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Bright MLS

MLS Number: DCDC2051462

Bright MLS

APN: 0457-2032