NOT LISTED FOR SALE

Estimated Value: $463,000 - $504,000

1 Bed
1 Bath
872 Sq Ft
$676/mo HOA Fee

Last Sold September 16, 2022

Last sale price $470,000 $539 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,177/month

5 Days on Market

Highlights

  • Concierge
  • 3-minute walk to Gallery Place-Chinatown
  • Gourmet Kitchen
  • Thomson Elementary School Rated A-
  • Fitness Center
  • Open Floorplan

About This Home

As of September 2022

Stylish 1BR/1BA condo in sought-after Terrell Place in the heart of Penn Quarter offering the best of city living. New flooring, high ceilings, and ample natural light invite you into the generous open layout. The well-equipped kitchen with sleek black stainless steel appliances, cherry cabinetry, and granite countertops is striking and spacious. Open the living area doors to reveal a custom elfa wall unit for office use and bonus storage. The roomy bedroom with custom elfa closet system, tiled bath, and in-unit laundry round out this fantastic flat. Terrell Place residents enjoy boutique living among only 29 units, chic common areas, pet-friendly homes, concierge, fitness center, rental parking, and storage unit. Located in dynamic Penn Quarter where historic architecture and a vibrant arts and entertainment scene combine to create an ideal downtown location.Your flat is nestled between Rosa Mexicano, Jaleo, and Luke s Lobster where you re centered in a dining haven with every type of cuisine ranging from quick bites to elegant fare moments away. Endless opportunities for downtime surround you with convenient retail, one block from Capital One Arena, CityCenter, Ford and Warner Theaters, historic sites, and museums. Metrobus across the street and three Metro stations within blocks make navigating the city a breeze.

Last Agent to Sell the Property

Aidan Duffy

(202) 258-1265 aidan.duffy@compass.com Compass Listed on: 08/24/2022

Compass

Last Buyer's Agent

Ara Arabian

(301) 651-4323 arasellsdc@gmail.com Engel & Völkers Washington, DC License #663749

Engel & Völkers Washington, DC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,450

Year Built

  • Built in 2003

Lot Details

  • Sprinkler System
  • Property is in very good condition

HOA Fees

  • $676 Monthly HOA Fees

Parking

  • On-Site Parking for Rent

Home Design

  • Contemporary Architecture
  • Entry on the 3rd floor

Interior Spaces

  • 872 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Recessed Lighting
  • Window Treatments
  • Wood Flooring

Kitchen

  • Gourmet Kitchen
  • Gas Oven or Range
  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Front Loading Dryer
  • Front Loading Washer

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 0456//2045

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, gas, management, sewer, trash, water
  • High-Rise Condominium
  • Terrell Place Community
  • Penn Quarter Subdivision
  • Property Manager

Amenities

  • Concierge
  • Community Storage Space

Recreation

  • Fitness Center

Pet Policy

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,450

Year Built

Built in 2003

Lot Details

0

HOA Fees

$676 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: Main
  • Federal Flood Zone: No
  • Year Built: 2003
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Disposal, Dryer - Front Loading, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer - Front Loading
  • Entry Floor: 3
  • Flooring Type: Wood
  • Interior Amenities: Floor Plan - Open, Kitchen - Gourmet, Recessed Lighting, Sprinkler System, Window Treatments, Wood Floors
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 872
  • Living Area Sq Ft: 872
  • Price Per Sq Ft: 544.72
  • Above Grade Finished Sq Ft: 872
  • 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: Combination
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • 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
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 676.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Concierge, Exercise Room, Extra Storage, Fitness Center
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Gas, Management, Sewer, Trash, Water
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Property Condition: Very Good
  • Soil Types: Urban Land-Sassafras-Chillum
  • Zoning: D-6-R
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Assessor Parcel Number: 16137416
  • Tax Annual Amount: 3450.00
  • Assessor Parcel Number: 0456//2045
  • 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
Aug 24, 2022
Closed on
Sep 16, 2022
Sold by
Charles Bailey Glenn
Bought by
Connors Henry F and Connors Henry F
Seller's Agent
Aidan Duffy
Compass
Buyer's Agent
Ara Arabian
Engel & Völkers Washington, DC
List Price
$475,000
Sold Price
$470,000
Premium/Discount to List
-$5,000
-1.05%
Views
14
Current Estimated Value
$474,070

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,070
Avg. Annual Appreciation
0.27%
Original Mortgage
$195,000
Outstanding Balance
$185,992
Interest Rate
5.22%
Mortgage Type
New Conventional
Estimated Equity
$288,078

Purchase Details

Listed on
Jul 19, 2017
Closed on
Nov 17, 2017
Sold by
Thomas Mark and Thomas Amal
Bought by
Bailey Glenn Charles and Williams Michael Todd
Seller's Agent
Troy Patterson
TTR Sotheby's International Realty
Buyer's Agent
Aidan Duffy
Long & Foster Real Estate, Inc.
List Price
$499,900
Sold Price
$499,000
Premium/Discount to List
-$900
-0.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.23%
Original Mortgage
$474,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 7, 2005
Sold by
Reeves Kelly
Bought by
Thomas Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 4, 2003
Sold by
675 E Street Llc
Bought by
Reeves Kelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
6.03%
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
Connors Henry F $470,000 Fidelity National Title
Bailey Glenn Charles $499,000 First Excel Title Llc
Thomas Mark $450,000 --
Reeves Kelly $331,312 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Connors Henry F $195,000
Previous Owner Bailey Glenn Charles $474,000
Previous Owner Thomas Mark $360,000
Previous Owner Reeves Kelly $265,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/16/2022 09/16/22 Sold $470,000 -1.1% $539 / Sq Ft
08/24/2022 08/24/22 For Sale $475,000 -4.8% $545 / Sq Ft
11/15/2017 11/15/17 Sold $499,000 -0.2% $536 / Sq Ft View Prior Sale
08/13/2017 08/13/17 Pending -- -- --
07/27/2017 07/27/17 Price Changed $499,900 0.0% $537 / Sq Ft
07/19/2017 07/19/17 For Sale $499,900 0.0% $537 / Sq Ft
07/15/2015 07/15/15 Rented $2,500 0.0% --
06/23/2015 06/23/15 Under Contract -- -- --
06/09/2015 06/09/15 For Rent $2,500 +8.7% --
06/16/2014 06/16/14 Rented $2,300 -2.1% --
06/16/2014 06/16/14 Under Contract -- -- --
05/21/2014 05/21/14 For Rent $2,350 -- --
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 $80 $470,000 $141,000 $329,000
2024 $293 $494,670 $148,400 $346,270
2023 $3,618 $524,340 $157,300 $367,040
2022 $3,390 $491,260 $147,380 $343,880
2021 $3,451 $495,600 $148,680 $346,920
2020 $3,569 $495,600 $148,680 $346,920
2019 $3,564 $494,160 $148,250 $345,910
2018 $4,089 $554,430 $0 $0
2017 $4,097 $554,420 $0 $0
2016 $3,863 $529,730 $0 $0
2015 $3,514 $493,150 $0 $0
2014 $3,205 $447,240 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC2063974

Bright MLS

APN: 0456-2045