$395,000
SOLD MAR 24, 2025

701 Lamont St NW Unit 40 Washington, DC 20010

Park View Neighborhood
1 Bed
1.5 Baths
900 Sq Ft
$516/mo HOA Fee

Recently Sold

$439 Per Sq Ft

1% Below List Price

8 Days on Market

Highlights

  • Fitness Center
  • Dogs and Cats Allowed
  • Community Storage Space
  • Party Room
  • Condominium
  • Heat Pump System

About This Home

As of March 2025

Stunning and unique warehouse loft w/balcony. The building is a former industrial warehouse turned warm and soulful loft condominiums. The Arcade-Sunshine Factory Annex was built in 1951 and converted to condos in 2005. Unit 40 features hardwood floors, exposed ducts, 11' ceilings, wall-to-wall windows and exposed original brick. There are 1.5 baths and an open layout. The primary suite is large and has walk in closet w/custom organizer. The unit is south facing and is bathed in light. There is a private balcony accessible from both the living and bedroom. The private laundry room is within the unit and there are trash rooms on every floor for extra convenience. Building amenities include a new gym and lobby, a bike room, extra storage and common roof deck. The Lamont Street Lofts are ideally situated in the middle of the action. A big draw are the dozen bars, beer gardens, restaurants and coffee shops, all within a few blocks, and on 11th street. Convenience is key, with the Green/Yellow line metro, in Petworth and Columbia Heights, Giant, Safeway, and Yes all nearby and within walking distance.

Last Agent to Sell the Property

Phil Di Ruggiero

Engel & Völkers Washington, DC Listed on: 02/27/2025

Engel & Völkers Washington, DC

Last Buyer's Agent

Carol Strasfeld

Unrepresented Buyer Office

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,963

Year Built

  • Built in 1952 | Remodeled in 2005

HOA Fees

  • $516 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • 900 Sq Ft Home
  • Entry on the 4th floor
  • Brick Exterior Construction
  • Masonry

Bedrooms and Bathrooms

  • 1 Main Level Bedroom

Schools

  • Raymond Education Campus Middle School
  • Cardozo Education Campus High School

Utilities

  • Heat Pump System
  • Natural Gas Water Heater

Additional Features

  • Washer and Dryer Hookup
  • Accessible Elevator Installed

Listing and Financial Details

  • Tax Lot 2019
  • Assessor Parcel Number 2893//2019

Community Details

Overview

  • $236 Other Monthly Fees
  • Mid-Rise Condominium
  • Lamont Street Lofts Condos
  • Lamont Street Lofts Community
  • Columbia Heights Subdivision
  • Property has 5 Levels

Amenities

  • Party Room
  • Community Storage Space

Recreation

  • Fitness Center

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,963

Year Built

Built in 1952 | Remodeled in 2005

Lot Details

0

HOA Fees

$516 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Unit/Flat, Loft With Bedrooms
  • Accessibility Features: Elevator
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1952
  • Year Renovated: 2005
  • Automatically Close On Close Date: No
  • Remarks Public: Stunning and unique warehouse loft w/balcony. The building is a former industrial warehouse turned warm and soulful loft condominiums. The Arcade-Sunshine Factory Annex was built in 1951 and converted to condos in 2005. Unit 40 features hardwood floors, exposed ducts, 11' ceilings, wall-to-wall windows and exposed original brick. There are 1.5 baths and an open layout. The primary suite is large and has walk in closet w/custom organizer. The unit is south facing and is bathed in light. There is a private balcony accessible from both the living and bedroom. The private laundry room is within the unit and there are trash rooms on every floor for extra convenience. Building amenities include a new gym and lobby, a bike room, extra storage and common roof deck. The Lamont Street Lofts are ideally situated in the middle of the action. A big draw are the dozen bars, beer gardens, restaurants and coffee shops, all within a few blocks, and on 11th street. Convenience is key, with the Green/Yellow line metro, in Petworth and Columbia Heights, Giant, Safeway, and Yes all nearby and within walking distance.
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 4
  • Fireplace: No
  • Levels Count: 5
  • Basement: No
  • Total Sq Ft: 900
  • Living Area Sq Ft: 900
  • Price Per Sq Ft: 444.33
  • Above Grade Finished Sq Ft: 900
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 701

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Concrete, Masonry
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 515.83
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Lamont Street Lofts
  • HOA Condo Co-Op Amenities: Elevator, Extra Storage, Fitness Center, Party Room
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Other Fees: 236.21
  • Other Fees Frequency: Monthly

Schools

  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • Middle School: RAYMOND EDUCATION CAMPUS
  • High School: CARDOZO EDUCATION CAMPUS
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121140357950
  • School District Source: 3rd Party
  • High School: CARDOZO EDUCATION CAMPUS
  • Middle Or Junior School: RAYMOND EDUCATION CAMPUS

Lot Info

  • Lot Size Acres: 0.01
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 272.00
  • Soil Types: Urban Land-Sassafras-Chillum
  • Year Assessed: 2024
  • Zoning: NMU-4/GA
  • In City Limits: Yes

Rental Info

  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2963.00
  • Assessor Parcel Number: 2893//2019
  • Tax Lot: 2019
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 03/24/2025

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2025
Closed on
Mar 24, 2025
Sold by
Gideons John
Bought by
Kenny John Fintan
Seller's Agent
Phil Di Ruggiero
Engel & Völkers Washington, DC
Buyer's Agent
Carol Strasfeld
Unrepresented Buyer Office
List Price
$399,900
Sold Price
$395,000
Premium/Discount to List
-$4,900
-1.23%
Views
20
Current Estimated Value
$397,386

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,386
Avg. Annual Appreciation
0.89%
Original Mortgage
$237,000
Outstanding Balance
$237,000
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$159,687

Purchase Details

Closed on
Dec 30, 2005
Sold by
701 Lamont Llc
Bought by
Gideons John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,850
Interest Rate
6.27%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $395,000 First American Title Insurance
Warranty Deed $351,425 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $237,000 New Conventional
Previous Owner $241,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $266,975 New Conventional
Previous Owner $298,625 FHA
Previous Owner $319,838 FHA
Previous Owner $333,850 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2025 03/24/25 Sold $395,000 -1.2% $439 / Sq Ft
02/27/2025 02/27/25 For Sale $399,900 -- $444 / 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
2024 $2,963 $450,810 $135,240 $315,570
2023 $2,868 $452,040 $135,610 $316,430
2022 $2,649 $404,060 $121,220 $282,840
2021 $2,859 $425,940 $127,780 $298,160
2020 $3,123 $443,150 $132,940 $310,210
2019 $3,271 $459,670 $137,900 $321,770
2018 $3,121 $474,490 $0 $0
2017 $2,845 $433,520 $0 $0
2016 $2,592 $433,070 $0 $0
2015 $2,359 $408,150 $0 $0
2014 -- $350,940 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC2186086

Bright MLS

APN: 2893-2019