Town Square Towers 700 7th St SW Unit 527 Washington, DC 20024
Southwest DC NeighborhoodEstimated Value: $414,000 - $446,334
2
Beds
1
Bath
995
Sq Ft
$1,088/mo
HOA Fee
Highlights
- Concierge
- Contemporary Architecture
- Community Pool
- Fitness Center
- Sauna
- 3-minute walk to Southwest Duck Pond
About This Home
As of March 2022Welcome to THE WHARF! This "is as good as it gets!" Walk out your front door and within steps you enter this beautiful, still developing waterfront OASIS! TOWN SQUARE TOWERS has great historical background having been one of the first condominiums built in the SW waterfront in the 60's. Still standing in all its grandeur are 285 condo units. Unit 527 is a LARGE blank canvas awaiting your personal touch to create the apartment of your dreams. The unit has a large balcony and it faces the front of the building. Watch July 4th fireworks from your home! Don't miss this exciting opportunity to own in this fabulous DC location - minutes from L'Enfant Metro & Waterfront Metro, Bus stop in front of the building, Arena Stage around the corner, walking distance from Nat's stadium, restaurants AND a gorgeous waterfront at your front door! Garage parking available for an additional cost of $30,000. Utilities included in condo fee. Property is being conveyed in “As Is” condition.
Last Agent to Sell the Property
Long & Foster Real Estate, Inc. Listed on: 12/21/2021
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,439
Year Built
- Built in 1967
Lot Details
- 523
HOA Fees
- $1,088 Monthly HOA Fees
Parking
- On-Street Parking
Home Design
- Contemporary Architecture
- Brick Exterior Construction
Interior Spaces
- 995 Sq Ft Home
- Property has 1 Level
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Accessible Home Design
- Accessible Elevator Installed
Schools
- Amidon-Bowen Elementary School
- Jefferson Middle School Academy
- Jackson-Reed High School
Utilities
- 90% Forced Air Heating and Cooling System
- Natural Gas Water Heater
Listing and Financial Details
- Tax Lot 2179
- Assessor Parcel Number 0468//2179
Community Details
Overview
- Association fees include air conditioning, common area maintenance, electricity, gas, heat, lawn care front, lawn care rear, lawn care side, lawn maintenance, management, water
- Town Square Towers Condos
- Town Square Towers Subdivision
Amenities
- Concierge
- Party Room
Recreation
Pet Policy
- Pets Allowed
- Pet Size Limit
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 21, 2021
Closed on
Mar 8, 2022
Sold by
Clark Steven M
Bought by
Werres Thomas L and Werres Alissa M
Seller's Agent
Patricia Neverson
Long & Foster Real Estate, Inc.
Buyer's Agent
Cary Johnson
Long & Foster Real Estate, Inc.
List Price
$399,900
Sold Price
$417,100
Premium/Discount to List
$17,200
4.3%
Total Days on Market
38
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,984
Avg. Annual Appreciation
1.24%
Original Mortgage
$468,108
Outstanding Balance
$442,785
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
-$8,842
Purchase Details
Closed on
Feb 23, 2006
Sold by
Snell Louise K
Bought by
Clark Steven M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
6.16%
Mortgage Type
New Conventional
Similar Homes in Washington, DC
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Werres Thomas L | $417,100 | Westcor Land Title | |
| Clark Steven M | $330,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Werres Thomas L | $468,108 | |
| Previous Owner | Clark Steven M | $155,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/11/2022 03/11/22 | Sold | $417,100 | +4.3% | $419 / Sq Ft |
| 01/29/2022 01/29/22 | Pending | -- | -- | -- |
| 12/21/2021 12/21/21 | For Sale | $399,900 | -- | $402 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $2,964 | $450,940 | $135,280 | $315,660 |
| 2023 | $2,985 | $449,920 | $134,980 | $314,940 |
| 2022 | $3,234 | $433,580 | $130,070 | $303,510 |
| 2021 | $3,439 | $417,900 | $125,370 | $292,530 |
| 2020 | $3,356 | $394,790 | $118,440 | $276,350 |
| 2019 | $3,118 | $366,860 | $110,060 | $256,800 |
| 2018 | $3,006 | $353,630 | $0 | $0 |
| 2017 | $2,888 | $339,730 | $0 | $0 |
| 2016 | $2,711 | $318,980 | $0 | $0 |
| 2015 | $2,599 | $305,820 | $0 | $0 |
| 2014 | -- | $289,950 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Patricia Neverson
Seller's Agent in 2022
Patricia Neverson
Long & Foster
(703) 314-5388
5 in this area
6 Total Sales
-
Cary Johnson
Buyer's Agent in 2022
Cary Johnson
Long & Foster
(443) 604-0949
9 in this area
33 Total Sales
About Town Square Towers
Map
Source: Bright MLS
MLS Number: DCDC2025232
APN: 0468-2179
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