NOT LISTED FOR SALE

Estimated Value: $414,000 - $495,000

1 Bed
1 Bath
712 Sq Ft
$298/mo HOA Fee

Last Sold May 31, 2022

Last sale price $499,000 $701 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $2,960/month

27 Days on Market

Highlights

  • Open Floorplan
  • 3-minute walk to Potomac Avenue
  • Wood Flooring
  • Watkins Elementary School Rated A-
  • Contemporary Architecture
  • 3-minute walk to Chamberlain Playground

About This Home

As of May 2022

Create your own adventures in this secluded outdoor oasis! Steps away from the Potomac Ave Metro, this 1 bedroom features sprawling 11ft ceilings highlighted by the floor to ceiling patio doors that makes waking up something to look forward to. Enjoy the tranquil private balcony which faces east and overlooks a quiet private alley (Freedom Way) making it perfect for grilling, entertaining, or just relaxing. The sizable bedroom provides options galore and ample space for a king bed, end tables, multiple dressers, and more. Built in 2015, everything about this condo feels sleek and modern from the stainless-steel appliances, to the quartz countertops, to the oversized in-unit Bosch stackable washer and dryer. The gigantic closets, including the walk-in bedroom, have been customized for your contemporary needs and make storage simple. Have or want pets? The boutique 6 condo Laundry Lofts allows up to two dogs or cats per unit. Enjoy walking as a form of transportation? The Roost, Safeway, Trusty’s, Mangialardo’s, are just steps outside of your front door in addition to all that Barracks Row (Rose’s Luxury, Call Your Mother, Ambar, TKYO, Sushi Hachi) and Eastern Market (The Eastern, Orangetheory, Duck & The Peach, The Wells, Barrel) has to offer. Have motorized transportation? Ample off-street parking exists on both Kentucky Ave SE, which faces the back entrance, and 15th ST SE at the front entrance. Come see for yourself and start living in the city on your own terms today!

Last Agent to Sell the Property

Andrea Celeste

(240) 994-9738 andrea.celeste@compass.com Compass License #SP200205872 Listed on: 04/15/2022

Compass

Co-Listed By

Anna-Louisa Yon

(301) 461-3701 annalouisa.yon@compass.com Compass

Last Buyer's Agent

Keith James

(202) 808-1381 keithjames@kw.com Keller Williams Capital Properties

Keller Williams Capital Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,753

Year Built

  • Built in 1926

Lot Details

  • West Facing Home

HOA Fees

  • $298 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Contemporary Architecture
  • Entry on the 4th floor
  • Brick Exterior Construction

Interior Spaces

  • 712 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Combination Kitchen and Living
  • Wood Flooring

Kitchen

  • Electric Oven or Range
  • Stove
  • Built-In Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 2004
  • Assessor Parcel Number 1077//2004

Community Details

Overview

  • Association fees include water, sewer, insurance, reserve funds, common area maintenance, exterior building maintenance, security gate, snow removal, trash
  • Low-Rise Condominium
  • The Laundry Lofts Condominium Condos
  • Old City #1 Community
  • Capitol Hill Subdivision

Amenities

  • Common Area

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,753

Year Built

Built in 1926

Lot Details

0

HOA Fees

$298 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Contemporary, Loft
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1926
  • Automatically Close On Close Date: No
  • Remarks Public: Create your own adventures in this secluded outdoor oasis! Steps away from the Potomac Ave Metro, this 1 bedroom features sprawling 11ft ceilings highlighted by the floor to ceiling patio doors that makes waking up something to look forward to. Enjoy the tranquil private balcony which faces east and overlooks a quiet private alley (Freedom Way) making it perfect for grilling, entertaining, or just relaxing. The sizable bedroom provides options galore and ample space for a king bed, end tables, multiple dressers, and more. Built in 2015, everything about this condo feels sleek and modern from the stainless-steel appliances, to the quartz countertops, to the oversized in-unit Bosch stackable washer and dryer. The gigantic closets, including the walk-in bedroom, have been customized for your contemporary needs and make storage simple. Have or want pets? The boutique 6 condo Laundry Lofts allows up to two dogs or cats per unit. Enjoy walking as a form of transportation? The Roost, Safeway, Trusty’s, Mangialardo’s, are just steps outside of your front door in addition to all that Barracks Row (Rose’s Luxury, Call Your Mother, Ambar, TKYO, Sushi Hachi) and Eastern Market (The Eastern, Orangetheory, Duck & The Peach, The Wells, Barrel) has to offer. Have motorized transportation? Ample off-street parking exists on both Kentucky Ave SE, which faces the back entrance, and 15th ST SE at the front entrance. Come see for yourself and start living in the city on your own terms today!
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Freezer, Icemaker, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Stove, Washer
  • Entry Floor: 4
  • Interior Amenities: Combination Kitchen/Living, Floor Plan - Open, Kitchen - Island, Stall Shower, Walk-In Closet(s), Wood Floors
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 712
  • Living Area Sq Ft: 712
  • Price Per Sq Ft: 700.84
  • Above Grade Finished Sq Ft: 712
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 732

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: Brick
  • Exterior Features: Exterior Lighting, Sidewalks, Street Lights
  • 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: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 298.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: The Laundry Lofts Condominium
  • HOA Condo Co-Op Amenities: Common Grounds
  • HOA Condo Co-Op Fee Includes: Water, Sewer, Insurance, Reserve Funds, Common Area Maintenance, Ext Bldg Maint, Security Gate, Snow Removal, Trash
  • HOA: No
  • Senior Community: No

Schools

  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • School District Key: 121140357950
  • School District Source: Listing Agent

Lot Info

  • Outdoor Living Structures: Balcony
  • Soil Types: Chillum-Urban Land Complex
  • Year Assessed: 2021
  • Zoning: R
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Tax Annual Amount: 2753.00
  • Assessor Parcel Number: 1077//2004
  • Tax Lot: 2004
  • Tax Total Finished Sq Ft: 636
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 05/31/2022

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2022
Closed on
May 25, 2022
Sold by
Joshua Alderman
Bought by
Favors Adrienne Patrice
Seller's Agent
Andrea Celeste
Compass
Buyer's Agent
Keith James
Keller Williams Capital Properties
List Price
$515,000
Sold Price
$499,000
Premium/Discount to List
-$16,000
-3.11%
Current Estimated Value
$451,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$47,157
Avg. Annual Appreciation
-3.43%
Original Mortgage
$467,618
Outstanding Balance
$447,523
Interest Rate
5.11%
Mortgage Type
Balloon
Estimated Equity
-$2,761

Purchase Details

Listed on
Oct 2, 2019
Closed on
Nov 12, 2019
Sold by
Blume Susanna Vreeland
Bought by
Alderman Joshua
Seller's Agent
Tim Barley
RE/MAX Allegiance
Buyer's Agent
Anna-Louisa Yon
Compass
List Price
$486,500
Sold Price
$490,000
Premium/Discount to List
$3,500
0.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.72%
Original Mortgage
$460,750
Interest Rate
3.65%

Purchase Details

Listed on
Jan 21, 2015
Closed on
Feb 23, 2015
Sold by
Edco Llc
Bought by
Blume Susanna
Seller's Agent
Lynn Tsao
Hoffman Realty
Buyer's Agent
Pat Cunningham
Compass
List Price
$449,900
Sold Price
$449,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.83%
Original Mortgage
$404,910
Interest Rate
3.74%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Favors Adrienne Patrice $499,000 Westcor Land Title
Alderman Joshua $490,000 None Available
Blume Susanna -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Favors Adrienne Patrice $467,618
Previous Owner Alderman Joshua $460,750
Previous Owner Blume Susanna $404,910
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2022 05/31/22 Sold $499,000 0.0% $701 / Sq Ft
05/05/2022 05/05/22 Price Changed $499,000 -3.1% $701 / Sq Ft
04/15/2022 04/15/22 For Sale $515,000 +5.1% $723 / Sq Ft
11/12/2019 11/12/19 Sold $490,000 +0.7% $688 / Sq Ft
10/05/2019 10/05/19 Pending -- -- --
10/02/2019 10/02/19 For Sale $486,500 +8.1% $683 / Sq Ft
02/27/2015 02/27/15 Sold $449,900 0.0% $630 / Sq Ft
01/21/2015 01/21/15 Pending -- -- --
01/21/2015 01/21/15 For Sale $449,900 -- $630 / 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 $3,058 $462,040 $138,610 $323,430
2023 $3,329 $406,370 $121,910 $284,460
2022 $2,828 $425,200 $127,560 $297,640
2021 $2,753 $413,530 $124,060 $289,470
2020 $2,947 $422,350 $126,700 $295,650
2019 $2,820 $406,610 $121,980 $284,630
2018 $2,682 $388,850 $0 $0
2017 $2,521 $369,000 $0 $0
2016 $2,527 $369,000 $0 $0
2015 $2,530 $369,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC2044502

Bright MLS

APN: 1077-2004