$250,000
SOLD DEC 19, 2024
-- Bed
1 Bath
575 Sq Ft
$604/mo HOA Fee

Recently Sold

$435 Per Sq Ft

6% Below List Price

67 Days on Market

Highlights

  • Concierge
  • Midcentury Modern Architecture
  • Community Pool
  • Fitness Center
  • Engineered Wood Flooring
  • 3-minute walk to 3rd & I Street Park

About This Home

As of December 2024

This chic studio at the Potomac Place Towers enjoys plentiful sunlight and tree-top views. The spacious unit features wide-plank flooring throughout, a kitchen with bar seating and gas cooking, and a private balcony. The reasonable condo fee ($604/month) pays for all utilities. Building amenities include an outdoor pool, a community room with a wet bar, a fitness center, and a staffed front desk. New A/C!

Last Agent to Sell the Property

Gregory Hangemanole

(301) 526-0393 gregory.hangemanole@longandfoster.com Long & Foster Real Estate, Inc. License #0225214175 Listed on: 09/09/2024

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Mrs. Patty A Smith

(703) 518-8300 patty.smith@cbmove.com Compass License #5015634

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,422

Year Built

  • Built in 1959

Lot Details

  • Property is in excellent condition

HOA Fees

  • $604 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Midcentury Modern Architecture
  • Entry on the 4th floor
  • Brick Exterior Construction

Interior Spaces

  • 1 Full Bathroom
  • 575 Sq Ft Home
  • Property has 1 Level
  • Engineered Wood Flooring

Kitchen

  • Gas Oven or Range
  • Stove
  • Built-In Microwave
  • Dishwasher
  • Disposal

Utilities

  • Convector
  • Cooling System Mounted In Outer Wall Opening
  • Convector Heater
  • Vented Exhaust Fan
  • 60+ Gallon Tank

Listing and Financial Details

  • Tax Lot 2725
  • Assessor Parcel Number 0540//2725

Community Details

Overview

  • Association fees include air conditioning, common area maintenance, electricity, exterior building maintenance, gas, heat, insurance, lawn maintenance, management, reserve funds, sewer, snow removal, trash, water
  • Mid-Rise Condominium
  • Potomac Place Tower Condos
  • Potomac Place Tower Community
  • Southwest Waterfront Subdivision
  • Property Manager

Amenities

  • Concierge
  • Common Area
  • Elevator
  • Convenience Store

Recreation

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,422

Year Built

Built in 1959

Lot Details

0

HOA Fees

$604 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Mid-Century Modern
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1959
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Exhaust Fan, Microwave, Oven/Range - Gas, Stove
  • Entry Floor: 4
  • Flooring Type: Engineered Wood
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 575
  • Living Area Sq Ft: 575
  • Price Per Sq Ft: 434.78
  • Above Grade Finished Sq Ft: 575
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • 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: Convector, Wall Unit
  • Heating Fuel: Electric
  • Heating Type: Convector
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 603.65
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Potomac Place Tower
  • HOA Condo Co-Op Amenities: Common Grounds, Concierge, Convenience Store, Elevator, Exercise Room, Fitness Center, Pool - Outdoor, Swimming Pool
  • HOA Condo Co-Op Fee Includes: Air Conditioning, Common Area Maintenance, Electricity, Ext Bldg Maint, Gas, Heat, Insurance, Lawn Maintenance, Management, Reserve Funds, Sewer, Snow Removal, Trash, Water
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Property Condition: Excellent
  • Soil Types: Unknown
  • Zoning: RA-3
  • In City Limits: Yes

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 2422.00
  • Assessor Parcel Number: 0540//2725
  • Tax Lot: 2725
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2024
Closed on
Dec 17, 2024
Sold by
Wagner Eric and Wagner Danielle
Bought by
Goepfert Christine
Seller's Agent
Gregory Hangemanole
Long & Foster Real Estate, Inc.
Buyer's Agent
Mrs. Patty A Smith
Compass
List Price
$265,000
Sold Price
$250,000
Premium/Discount to List
-$15,000
-5.66%
Views
27
Current Estimated Value
$243,717

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,283
Avg. Annual Appreciation
-2.62%
Original Mortgage
$237,500
Outstanding Balance
$235,439
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$8,278

Purchase Details

Closed on
May 8, 2018
Sold by
Wagner Danielle
Bought by
Wagner Danielle and Wagner Eric

Purchase Details

Listed on
Jul 16, 2013
Closed on
Aug 27, 2013
Sold by
Dubois Joshua H and Anderson Alexis E
Bought by
Young Danielle E
Seller's Agent
Jackie Humenik
RE/MAX Realty Services
Buyer's Agent
Charles Carp
Compass
List Price
$235,000
Sold Price
$235,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.30%
Original Mortgage
$188,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 14, 2008
Sold by
Potomac Place Assoc Llc
Bought by
Anderson Alexis and Dubois,Joshua

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,000
Interest Rate
5.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Deed $250,000 Westcor Land Title Insurance C
Deed $250,000 Westcor Land Title Insurance C
Interfamily Deed Transfer -- None Available
Warranty Deed $235,000 --
Warranty Deed $217,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $237,500 New Conventional
Closed $237,500 New Conventional
Previous Owner $188,000 New Conventional
Previous Owner $174,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/19/2024 12/19/24 Sold $250,000 0.0% $435 / Sq Ft
11/15/2024 11/15/24 Pending -- -- --
10/01/2024 10/01/24 Price Changed $250,000 -5.7% $435 / Sq Ft
09/09/2024 09/09/24 For Sale $265,000 0.0% $461 / Sq Ft
07/15/2018 07/15/18 Rented $1,650 -8.1% --
07/02/2018 07/02/18 Under Contract -- -- --
03/22/2018 03/22/18 For Rent $1,795 0.0% --
08/27/2013 08/27/13 Sold $235,000 0.0% $409 / Sq Ft View Prior Sale
07/22/2013 07/22/13 Pending -- -- --
07/16/2013 07/16/13 For Sale $235,000 -- $409 / 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 $2,290 $285,110 $85,530 $199,580
2024 $2,333 $289,680 $86,900 $202,780
2023 $2,422 $299,630 $89,890 $209,740
2022 $2,444 $301,280 $90,380 $210,900
2021 $2,401 $295,740 $88,720 $207,020
2020 $2,432 $286,130 $85,840 $200,290
2019 $2,338 $275,060 $82,520 $192,540
2018 $2,268 $266,850 $0 $0
2017 $2,163 $254,520 $0 $0
2016 $1,894 $222,880 $0 $0
2015 $1,834 $215,730 $0 $0
2014 -- $201,770 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC2158508

Bright MLS

APN: 0540-2725