Residences at Gallery Place 777 7th St NW Unit 318 Washington, DC 20001
Penn Quarter NeighborhoodEstimated Value: $311,000 - $353,000
1
Bed
1
Bath
706
Sq Ft
$674/mo
HOA Fee
Highlights
- Concierge
- 1-minute walk to Gallery Place-Chinatown
- 24-Hour Security
- Thomson Elementary School Rated A-
- Fitness Center
- 5-minute walk to Chinatown Park
About This Home
As of May 2021Bright 1BR/1BA condo in the Gallery Place Residences! Features an open kitchen design, hardwood floors, in-unit W/D and a spacious walk-in closet! Rental garage parking guaranteed in building! The amenity rich building features an expansive terrace deck, 24 hour front desk security, fitness and business centers, and party room! Metro, restaurants, retail, and night life right outside your front door! Call today for your private showing!
Last Agent to Sell the Property
Brian Wilson
Redfin Corporation Listed on: 03/29/2021
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,839
Year Built
- Built in 2005
Lot Details
- Downtown Location
- Property is in excellent condition
HOA Fees
- $674 Monthly HOA Fees
Home Design
- Traditional Architecture
Interior Spaces
- 706 Sq Ft Home
- Property has 1 Level
- Traditional Floor Plan
- Recessed Lighting
- Family Room Off Kitchen
- Combination Dining and Living Room
- Wood Flooring
Kitchen
- Gourmet Kitchen
- Electric Oven or Range
- Built-In Microwave
- Ice Maker
- Dishwasher
- Stainless Steel Appliances
- Upgraded Countertops
- Disposal
Bedrooms and Bathrooms
- 1 Main Level Bedroom
- Walk-In Closet
- 1 Full Bathroom
- Bathtub with Shower
Laundry
- Laundry on main level
- Stacked Washer and Dryer
Home Security
- Monitored
- Security Gate
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
- Cable TV Available
Additional Features
- Accessible Elevator Installed
- Deck
Listing and Financial Details
- Assessor Parcel Number 0455//2008
Community Details
Overview
- Association fees include cable TV, common area maintenance, custodial services maintenance, exterior building maintenance, fiber optics at dwelling, fiber optics available, high speed internet, management, reserve funds, security gate, sewer, snow removal, trash, water
- High-Rise Condominium
- Central Community
- Central Subdivision
Amenities
- Concierge
- Common Area
- Meeting Room
- Party Room
Recreation
Security
- 24-Hour Security
- Front Desk in Lobby
- Fire and Smoke Detector
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 29, 2021
Closed on
May 7, 2021
Sold by
Macchiaroli Christopher
Bought by
Jaffer Ilhaam
Seller's Agent
Brian Wilson
Redfin Corporation
Buyer's Agent
Marc Dosik
Century 21 Redwood Realty
List Price
$399,900
Sold Price
$365,000
Premium/Discount to List
-$34,900
-8.73%
Total Days on Market
0
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
-$30,356
Avg. Annual Appreciation
-2.12%
Original Mortgage
$328,500
Outstanding Balance
$300,847
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$33,797
Purchase Details
Closed on
May 26, 2017
Sold by
O'Connor Robert W and Maczka Carol A
Bought by
Stickle Sean L and Foster Jill M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,500
Interest Rate
3.97%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 31, 2005
Sold by
Gallery Place Land Trust
Bought by
Hwang Jung Sook
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,300
Interest Rate
5.61%
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 |
|---|---|---|---|
| Jaffer Ilhaam | $365,000 | Jacquies Title Group | |
| Stickle Sean L | $445,000 | Dupont Title Group | |
| Hwang Jung Sook | $292,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Jaffer Ilhaam | $328,500 | |
| Previous Owner | Stickle Sean L | $400,500 | |
| Previous Owner | Macchiaroli Christopher | $266,000 | |
| Previous Owner | Hwang Jung Sook | $234,300 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/07/2021 05/07/21 | Sold | $365,000 | -8.7% | $517 / Sq Ft |
| 03/29/2021 03/29/21 | Pending | -- | -- | -- |
| 03/29/2021 03/29/21 | For Sale | $399,900 | +19.4% | $566 / Sq Ft |
| 04/06/2012 04/06/12 | Sold | $335,000 | -6.9% | $476 / Sq Ft |
| 03/02/2012 03/02/12 | Pending | -- | -- | -- |
| 02/18/2012 02/18/12 | For Sale | $359,900 | -- | $511 / 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 | $3,157 | $386,540 | $115,960 | $270,580 |
| 2023 | $3,251 | $397,150 | $119,140 | $278,010 |
| 2022 | $3,363 | $409,420 | $122,830 | $286,590 |
| 2021 | $2,729 | $410,700 | $123,210 | $287,490 |
| 2020 | $2,839 | $409,700 | $122,910 | $286,790 |
| 2019 | $2,814 | $405,920 | $121,780 | $284,140 |
| 2018 | $2,828 | $406,040 | $0 | $0 |
| 2017 | $2,859 | $408,800 | $0 | $0 |
| 2016 | $2,696 | $391,300 | $0 | $0 |
| 2015 | $2,453 | $383,710 | $0 | $0 |
| 2014 | -- | $333,750 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2021
Brian Wilson
Redfin Corporation
(833) 433-6683
-
Marc Dosik
Buyer's Agent in 2021
Marc Dosik
Century 21 Redwood Realty
(202) 543-7283
1 in this area
148 Total Sales
-
Nancy Han
N
Seller's Agent in 2012
Nancy Han
Pearson Smith Realty LLC
(703) 772-4767
39 Total Sales
-
Buyer's Agent in 2012
Thomas Kelly
Keller Williams Capital Properties
About Residences at Gallery Place
Map
Source: Bright MLS
MLS Number: DCDC514266
APN: 0455-2008
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