NOT LISTED FOR SALE

705 3rd St SW Unit 603 Washington, DC 20024

Southwest DC Neighborhood

Estimated Value: $685,000 - $812,000

3 Beds
2 Baths
1,966 Sq Ft
$377/Sq Ft Est. Value

Last Sold October 31, 2014

Last sale price $550,000 $280 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $4,722/month

Highlights

  • Open Floorplan
  • 1 Fireplace
  • Dining Area
  • Colonial Architecture
  • Forced Air Heating and Cooling System
  • 4-minute walk to 3rd & I Street Park

About This Home

As of October 2014

For comparison purposes only.

Last Agent to Sell the Property

Evelyn Lugo

(202) 236-8629 evelyn@LugoParkerTeam.com Compass Listed on: 10/14/2014

Compass

Last Buyer's Agent

Adolphus Grant

(202) 256-8592 agsamurai@aol.com RE/MAX Allegiance

RE/MAX Allegiance

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,616

Year Built

  • Built in 1961

Lot Details

  • Two or More Common Walls

HOA Fees

  • $382 Monthly HOA Fees

Parking

  • 1 Assigned Parking Space

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,966 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • 1 Fireplace
  • Dining Area
  • Finished Basement
  • Front Basement Entry

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 2012
  • Assessor Parcel Number 0540//2012

Community Details

Overview

  • Rla (Sw) Community
  • Rla Subdivision

Amenities

  • Common Area

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,616

Year Built

Built in 1961

Lot Details

0

HOA Fees

$382 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Condominium
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Dining Area, Floor Plan - Open
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Common Walls: 2+ Common Walls
  • Entry Location: 1st Floor
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Front Entrance, Fully Finished
  • Living Area Units: Square Feet
  • Total Sq Ft: 1966
  • Living Area Sq Ft: 1966
  • Price Per Sq Ft: 279.76
  • Above Grade Finished Sq Ft: 1966
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Lower Level 1 Bedroom: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Lower Levels Bathrooms: 1.00
  • Lower Levels 2 Bathrooms: 1.00
  • Lower Level 2 Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • Condo Co-Op Fee: 382.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds
  • HOA Condo Co-Op Rules: Fencing
  • HOA: No
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 297780.00
  • Land Assessed Value: 127620.00
  • Soil Types: Urban Land Not Rated
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15981656
  • Tax Annual Amount: 3615.90
  • Assessor Parcel Number: 0540//2012
  • Tax Lot: 2012
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2014
Closed on
Oct 31, 2014
Sold by
Hall Carolyn M and Mcfarlane Russell D
Bought by
Jacobsen Lance E
Seller's Agent
Evelyn Lugo
Compass
Buyer's Agent
Adolphus Grant
RE/MAX Allegiance
List Price
$550,000
Sold Price
$550,000
Current Estimated Value
$742,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,072
Avg. Annual Appreciation
2.73%
Original Mortgage
$561,825
Outstanding Balance
$431,827
Interest Rate
4.17%
Mortgage Type
VA
Estimated Equity
$310,245

Purchase Details

Closed on
Nov 18, 2005
Sold by
Hashem Dilara
Bought by
Hall Carolyn M and Mcfarlane Russell F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.06%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jacobsen Lance E $550,000 --
Hall Carolyn M $500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jacobsen Lance E $561,825
Previous Owner Hall Carolyn M $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2014 10/31/14 Sold $550,000 0.0% $280 / Sq Ft
10/14/2014 10/14/14 Pending -- -- --
10/14/2014 10/14/14 For Sale $550,000 -- $280 / 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 $5,235 $721,390 $216,420 $504,970
2024 $5,108 $703,160 $210,950 $492,210
2023 $5,579 $755,040 $226,510 $528,530
2022 $5,461 $734,940 $220,480 $514,460
2021 $5,203 $701,720 $210,520 $491,200
2020 $4,990 $662,710 $198,810 $463,900
2019 $4,693 $626,970 $188,090 $438,880
2018 $4,486 $601,150 $0 $0
2017 $4,171 $566,980 $0 $0
2016 $3,798 $518,540 $0 $0
2015 $3,376 $468,550 $0 $0
2014 $3,091 $433,880 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Evelyn Lugo

    Seller's Agent in 2014

    Evelyn Lugo

    Compass

    (202) 236-8629

    72 in this area

    104 Total Sales

    Evelyn Lugo
    Section Image
  • Adolphus Grant

    Buyer's Agent in 2014

    Adolphus Grant

    RE/MAX

    (202) 256-8592

    2 in this area

    32 Total Sales

    Adolphus Grant
    Section Image
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Map

Source: Bright MLS

MLS Number: 1003231202

Bright MLS

APN: 0540-2012

District of Columbia District of Columbia County Washington 20024 Southwest DC

705 3rd St SW Unit 603, Washington, DC

Not Listed for Sale

Townhouses

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