NOT LISTED FOR SALE

Estimated Value: $323,958 - $431,000

-- Bed
1 Bath
540 Sq Ft
$404/mo HOA Fee

Last Sold April 18, 2018

Last sale price $333,700 $618 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,543/month

44 Days on Market

Highlights

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

About This Home

As of April 2018

Move-in ready Studio w/ balcony @Lafayette in Penn Quarter. 5-star bldg w/ access to every amenity: 24/7 front desk, gym, rooftop pool & lounge area, club room, business center, & rental parking available in garage. Steps to arena for concerts or Caps / Wiz games, dozens of restaurants / bars, shopping, museums. Multiple metros nearby plus easy access to 395

Last Agent to Sell the Property

Jamie Test

(703) 819-0436 jamietest@gmail.com Compass License #SP600876 Listed on: 02/18/2018

Compass

Last Buyer's Agent

Tammy Gruner Durbin

(301) 996-8334 tammy.grunerdurbin@compass.com Compass

Compass

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2004

Lot Details

  • Property is in very good condition

HOA Fees

  • $404 Monthly HOA Fees

Parking

  • On-Site Parking for Rent

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1 Full Bathroom
  • 540 Sq Ft Home
  • Property has 1 Level
  • Efficiency Studio

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook

Outdoor Features

  • Private Pool

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 2067
  • Assessor Parcel Number 0457//2067

Community Details

Overview

  • Moving Fees Required
  • Association fees include management, insurance, lawn maintenance, reserve funds, trash
  • High-Rise Condominium
  • Penn Quarter Subdivision, Studio W/ Balcony Floorplan
  • The Lafayette Community
  • The community has rules related to moving in times

Amenities

  • Concierge
  • Picnic Area
  • Common Area
  • Billiard Room
  • Meeting Room
  • Party Room
  • Bar or Lounge
  • Elevator

Recreation

Property Details

Home Type

Condominium

Year Built

Built in 2004

Lot Details

0

HOA Fees

$404 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Traditional
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Year Built: 2004
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Kitchen - Gourmet, Breakfast Area, Flat, Efficiency
  • Fireplace: No
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 540
  • Living Area Sq Ft: 540
  • Price Per Sq Ft: 629.44
  • Above Grade Finished Sq Ft: 540
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • 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
  • Pool Private: Yes
  • 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: On-Site - Rent

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s), Forced Air
  • 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: 404.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Bar/Lounge, Billiard Room, Common Grounds, Concierge, Elevator, Exercise Room, Fitness Center, Party Room, Picnic Area, Meeting Room, Swimming Pool
  • HOA Condo Co-Op Fee Includes: Management, Insurance, Lawn Maintenance, Reserve Funds, Trash
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA Condo Co-Op Rules: Moving Fees Required, Moving In Times
  • HOA: No
  • Senior Community: No

Green Features

  • Green Verification: No

Lot Info

  • Outdoor Living Structures: Balcony
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Soil Types: Unknown

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16142015
  • Assessor Parcel Number: 0457//2067
  • Tax Lot: 2067

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2018
Closed on
Apr 18, 2018
Sold by
Williams Kelly Lynne
Bought by
Yang Chunlian and Wu Binbin
Seller's Agent
Jamie Test
Compass
Buyer's Agent
Tammy Gruner Durbin
Compass
List Price
$339,900
Sold Price
$333,700
Premium/Discount to List
-$6,200
-1.82%
Current Estimated Value
$377,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,790
Avg. Annual Appreciation
1.63%
Original Mortgage
$266,960
Outstanding Balance
$229,195
Interest Rate
4.46%
Mortgage Type
New Conventional
Estimated Equity
$148,295

Purchase Details

Listed on
Apr 11, 2013
Closed on
Jul 26, 2013
Sold by
Karabell Jacob R
Bought by
Williams Kelly L
Seller's Agent
Martin Signore
Keller Williams Capital Properties
Buyer's Agent
Christine McGuinness
Weichert, REALTORS
List Price
$299,900
Sold Price
$299,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.28%
Original Mortgage
$306,347
Interest Rate
3.95%
Mortgage Type
VA

Purchase Details

Closed on
Oct 22, 2009
Sold by
Cavanaugh Patricia A
Bought by
Karabell Jacob Raffel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
5.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 2005
Sold by
Lafayette Pq Trust
Bought by
Cavanaugh Patricia A
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
Yang Chunlian $333,700 Tradition Title Llc
Williams Kelly L $299,900 --
Karabell Jacob Raffel $270,000 --
Cavanaugh Patricia A $214,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yang Chunlian $266,960
Previous Owner Williams Kelly L $306,347
Previous Owner Karabell Jacob Raffel $216,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/18/2018 04/18/18 Sold $333,700 -1.8% $618 / Sq Ft
04/03/2018 04/03/18 Pending -- -- --
03/30/2018 03/30/18 For Sale $339,900 +1.9% $629 / Sq Ft
03/29/2018 03/29/18 Off Market $333,700 -- --
02/22/2018 02/22/18 Pending -- -- --
02/22/2018 02/22/18 Off Market $333,700 -- --
02/18/2018 02/18/18 For Sale $339,900 +13.3% $629 / Sq Ft
07/26/2013 07/26/13 Sold $299,900 0.0% $555 / Sq Ft View Prior Sale
05/01/2013 05/01/13 Pending -- -- --
04/11/2013 04/11/13 For Sale $299,900 -- $555 / 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 $1,833 $321,170 $96,350 $224,820
2024 $1,933 $329,630 $98,890 $230,740
2023 $2,012 $335,430 $100,630 $234,800
2022 $2,045 $333,050 $99,910 $233,140
2021 $2,023 $327,700 $98,310 $229,390
2020 $2,078 $320,210 $96,060 $224,150
2019 $2,044 $315,370 $94,610 $220,760
2018 $2,058 $315,440 $0 $0
2017 $2,081 $317,250 $0 $0
2016 $1,978 $304,360 $0 $0
2015 $1,214 $298,140 $0 $0
2014 $1,057 $267,760 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000166326

Bright MLS

APN: 0457-2067