NOT LISTED FOR SALE

Estimated Value: $562,917 - $638,000

1 Bed
2 Baths
1,045 Sq Ft
$580/Sq Ft Est. Value

Last Sold April 30, 2021

Last sale price $590,000 $565 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $5,077/month

About This Home

As of April 2021

*This unit also offered furnished at $3,300/month* Welcome to the luxurious Residences at Terrell Place - a sought-after boutique building in centrally-located Penn Quarter. Situated on the penthouse level, unit #500 is an exceptional corner residence that is large, and light-filled with a well-proportioned and welcoming layout. The open plan allows room for a large desk in the living area for easy WFH living, as well as entertaining. This 1,045sqft home is flooded with soft, natural light from the wraparound full length windows, and features ample storage spaces, an open kitchen with upgraded stainless steel appliances, and beautiful wood floors. The primary suite features oversized, 3/4 length windows which flood the room with natural light. The bedroom also includes an adjoining over-sized walk-in closet and full size bathroom with a walk-in spa shower. There is also a washer/dryer, new HVAC, and built-in closets throughout. Tenant is responsible for electricity and cable/internet. The Residences at Terrell Place offer the best of modern, resident-focused living: weekday concierge desk, a fitness center, and parking is available for rent on a month-to-month basis for $250 in the attached parking garage. Your private residence is just steps from the vibrancy and central location of the Penn Quarter neighborhood - featuring critically-acclaimed and Michelin-starred restaurants, Smithsonian museums, the National Mall and the Capital One arena, which hosts major sports and entertainment events. The neighborhood is also home to famous theaters - Wooly Mammoth, Shakespeare and Warner - as well as international retailers Zara, Lululemon, Saks Off Fifth, Macy's, Nordstrom Rack, TJ Maxx and Marshalls. The Main DC Martin Luther King Jr. Memorial Library which was completely renovated in 2020 is a few minutes walk. Enjoy your peaceful residence as well as all of what central DC has to offer! Close proximity to Metro, Union Station, Reagan National airport, main highways and 4 stops from Amazon HQ2. Welcome home!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2021
Closed on
Apr 27, 2021
Sold by
Cauley Leslie
Bought by
Esparza Elizabeth H
Seller's Agent
Joshua Waxman
Long & Foster Real Estate, Inc.
Buyer's Agent
John Edelmann
TTR Sotheby's International Realty
List Price
$634,900
Sold Price
$590,000
Premium/Discount to List
-$44,900
-7.07%
Current Estimated Value
$605,979

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,979
Avg. Annual Appreciation
0.67%
Original Mortgage
$472,000
Outstanding Balance
$431,658
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$174,321

Purchase Details

Closed on
Feb 11, 2014
Sold by
Glogova Lance W
Bought by
Cauley Leslie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Interest Rate
4.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2003
Sold by
675 E Street Llc
Bought by
Glogovac Lance

Range of Values:

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Average Value
Not Available
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
Esparza Elizabeth H $590,000 Capitol Settlements Llc
Cauley Leslie $510,000 --
Glogovac Lance $484,228 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Esparza Elizabeth H $472,000
Previous Owner Cauley Leslie $408,000
Previous Owner Glogovac Lance W $289,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2023 10/11/23 Rented $3,300 +10.0% --
08/19/2023 08/19/23 Under Contract -- -- --
08/12/2023 08/12/23 For Rent $3,000 0.0% --
04/30/2021 04/30/21 Sold $590,000 -1.5% $520 / Sq Ft
03/15/2021 03/15/21 Price Changed $599,000 -3.2% $528 / Sq Ft
02/11/2021 02/11/21 Price Changed $619,000 -2.5% $545 / Sq Ft
01/17/2021 01/17/21 For Sale $634,900 -- $559 / Sq Ft

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 $5,006 $604,070 $181,220 $422,850
2023 $5,260 $633,570 $190,070 $443,500
2022 $4,987 $600,410 $180,120 $420,290
2021 $5,060 $608,600 $182,580 $426,020
2020 $5,173 $608,600 $182,580 $426,020
2019 $3,914 $604,460 $181,340 $423,120
2018 $5,321 $626,030 $0 $0
2017 $5,325 $626,480 $0 $0
2016 $5,080 $597,660 $0 $0
2015 $4,733 $556,790 $0 $0
2014 -- $504,860 $0 $0
Source: Public Records

Agents Affiliated with this Home

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