NOT LISTED FOR SALE

Estimated Value: $364,000 - $415,000

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

Last Sold March 07, 2022

Last sale price $435,000 $640 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $2,829/month

5 Days on Market

Highlights

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

About This Home

As of March 2022

Enjoy being in the middle of it all at the The Lafayette in bustling Penn Quarter. Modern and spacious unit with open floor plan faces the buildings private courtyard. Gleaming hardwood floors throughout and wall of windows flood unit with natural light. Updated kitchen boasts white Shaker cabinets, sleek black countertops, all stainless steel appliances and breakfast bar island. All appliances were updated in 2019. French doors open to large bedroom with double closets. Updated bathroom with gray cabinetry and tub shower. In-unit W/D was updated in 2019. Amazing community amenities include fabulous roof deck with a pool, gazebo seating and grilling- making a great place to entertain and socialize. The Lafayette was designed to offer every convenience including a front desk, community club room, movie theater, business center including conference room and an expansive state of the art fitness center. Walkers paradise with plentiful dining options and entertainment including museums, movie theaters, sports arena and the National Mall. Two Metro stations at your fingertips - Archives-Navy Memorial Metro and Gallery Place/Chinatown.

Last Agent to Sell the Property

Paul Nalabandian

(202) 243-7700 paul@fulcrumpg.com Keller Williams Capital Properties Listed on: 02/03/2022

Keller Williams Capital Properties

Last Buyer's Agent

Renee Mercier

(571) 386-1075 Renee@propertiesandestates.com Pearson Smith Realty, LLC

Pearson Smith Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,742

Year Built

  • Built in 2004

Lot Details

  • 44

HOA Fees

  • $502 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 4th floor
  • Brick Exterior Construction

Interior Spaces

  • 680 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Recessed Lighting
  • Combination Kitchen and Living

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Upgraded Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • On-Site Parking for Rent
  • Off-Street Parking

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • Property is in very good condition

Listing and Financial Details

  • Tax Lot 2044
  • Assessor Parcel Number 0457//2044

Community Details

Overview

  • Association fees include exterior building maintenance, insurance, management, reserve funds, pool(s), trash
  • High-Rise Condominium
  • The Lafayette At Penn Quarter Condos
  • Central Community
  • Penn Quarter Subdivision
  • Property Manager

Amenities

  • Concierge
  • Common Area
  • Meeting Room
  • Party Room

Recreation

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,742

Year Built

Built in 2004

Lot Details

44 Sq Ft Lot

HOA Fees

$502 per month

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
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2/3/2022 12:00:00 AM
  • Year Built: 2004
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer, Dryer
  • Entry Floor: 4
  • Flooring Type: Ceramic Tile, Wood
  • Interior Amenities: Combination Kitchen/Living, Floor Plan - Open, Kitchen - Island, Bathroom - Tub Shower, Upgraded Countertops, Wood Floors, Recessed Lighting
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 680
  • Living Area Sq Ft: 680
  • Price Per Sq Ft: 610.29
  • Above Grade Finished Sq Ft: 680
  • 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, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: On-Site - Rent
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 502.36
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: The Lafayette at Penn Quarter
  • HOA Condo Co-Op Amenities: Concierge, Common Grounds, Elevator, Fitness Center, Meeting Room, Party Room, Pool - Outdoor, Security
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Insurance, Management, Reserve Funds, Pool(s), Trash
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Property Condition: Very Good
  • Soil Types: Unknown
  • Zoning: RESIDENTIAL
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Tax Annual Amount: 2742.00
  • Assessor Parcel Number: 0457//2044
  • Tax Lot: 2044
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2022
Closed on
Feb 21, 2022
Sold by
Webster Stephen
Bought by
Rohin Chan and Sastry Sudha
Seller's Agent
Paul Nalabandian
Keller Williams Capital Properties
Buyer's Agent
Renee Mercier
Pearson Smith Realty, LLC
List Price
$415,000
Sold Price
$435,000
Premium/Discount to List
$20,000
4.82%
Current Estimated Value
$389,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$45,864
Avg. Annual Appreciation
-2.72%
Original Mortgage
$304,500
Outstanding Balance
$281,128
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$108,008

Purchase Details

Listed on
Feb 19, 2019
Closed on
Aug 5, 2019
Sold by
Us Bank Trust Na
Bought by
Webster Stephen
Seller's Agent
Pennye Green
Long & Foster Real Estate, Inc.
Buyer's Agent
Paul Nalabandian
Keller Williams Capital Properties
List Price
$449,900
Sold Price
$399,999
Premium/Discount to List
-$49,901
-11.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.50%
Original Mortgage
$362,727
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2018
Sold by
Clarke James E and Aguhar Christine G
Bought by
Us Bank Trust Na and Lsf9 Master Participation Trust

Purchase Details

Closed on
Oct 29, 2010
Sold by
Hadaway Kerry E
Bought by
Aguhar Christine Gayle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,628
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 24, 2005
Sold by
Lafayette Pq Trust
Bought by
Hadaway Kerry E and Hadaway Hannah L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,320
Interest Rate
5.73%
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
Rohin Chan $435,000 Brennan Title
Webster Stephen $399,999 Advantage Title Company Llc
Us Bank Trust Na $466,396 None Available
Aguhar Christine Gayle $329,000 --
Hadaway Kerry E $247,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rohin Chan $304,500
Previous Owner Webster Stephen $362,727
Previous Owner Aguhar Christine Gayle $324,628
Previous Owner Hadaway Kerry E $198,320
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/07/2022 03/07/22 Sold $435,000 +4.8% $640 / Sq Ft
02/09/2022 02/09/22 Pending -- -- --
02/03/2022 02/03/22 For Sale $415,000 +3.8% $610 / Sq Ft
09/30/2019 09/30/19 Sold $399,999 -1.2% $588 / Sq Ft View Prior Sale
07/19/2019 07/19/19 Pending -- -- --
06/28/2019 06/28/19 Price Changed $405,000 -2.4% $596 / Sq Ft
05/29/2019 05/29/19 Price Changed $415,000 -4.6% $610 / Sq Ft
05/03/2019 05/03/19 Price Changed $434,900 -1.2% $640 / Sq Ft
04/03/2019 04/03/19 Price Changed $440,000 -2.2% $647 / Sq Ft
02/19/2019 02/19/19 For Sale $449,900 -- $662 / 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 $3,361 $411,100 $123,330 $287,770
2024 $3,457 $421,930 $126,580 $295,350
2023 $3,515 $428,260 $128,480 $299,780
2022 $3,133 $421,730 $126,520 $295,210
2021 $2,743 $412,330 $123,700 $288,630
2020 $2,750 $399,250 $119,770 $279,480
2019 $3,365 $395,830 $118,750 $277,080
2017 $3,388 $398,580 $0 $0
2016 $3,244 $381,630 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC2030876

Bright MLS

APN: 0457-2044

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