NOT LISTED FOR SALE

Estimated Value: $226,000 - $244,000

-- Bed
1 Bath
445 Sq Ft
$399/mo HOA Fee

Last Sold November 22, 2022

Last sale price $265,000 $596 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $1,798/month

Highlights

  • Concierge
  • 24-Hour Security
  • Art Deco Architecture
  • Fitness Center
  • Open Floorplan
  • 2-minute walk to 3rd & I Street Park

About This Home

As of November 2022

Welcome to this well kept and maintained Potomac Place Tower.

Studio Condo in the heart of the city! Queen bed fits comfortably, stainless steel appliances, spacious bathroom, and beautiful community views. One of the few units in the condo community with a washer and dryer, storage unit included, 24hr Concierge, resort style pool, fitness center, dance studio, party room, and business center.

Moderately priced condo fees with all utilities included. In close proximity to 3 metros, groceries, restaurants, all within walking distance to the DC Wharf.

Last Agent to Sell the Property

Karen Dade-Carter

Fairfax Realty Premier License #0225179910 Listed on: 10/14/2022

Fairfax Realty Premier

Last Buyer's Agent

Karen Dade-Carter

Fairfax Realty Premier License #0225179910 Listed on: 10/14/2022

Fairfax Realty Premier

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,397

Year Built

  • Built in 1959

Lot Details

  • 218

HOA Fees

  • $399 Monthly HOA Fees

Home Design

  • Art Deco Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1 Full Bathroom
  • 445 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Combination Kitchen and Dining Room
  • Efficiency Studio
  • Washer and Dryer Hookup

Kitchen

  • Kitchen in Efficiency Studio
  • Stove
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Home Security

Parking

  • On-Street Parking
  • Off-Street Parking

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • Property is in excellent condition

Listing and Financial Details

  • Assessor Parcel Number 0540//2734

Community Details

Overview

  • Association fees include air conditioning, common area maintenance, electricity, heat, management, insurance, reserve funds, snow removal, water
  • Mid-Rise Condominium
  • Rla Subdivision

Amenities

  • Concierge
  • Party Room
  • Laundry Facilities
  • Convenience Store

Recreation

Pet Policy

  • Pets allowed on a case-by-case basis

Security

  • 24-Hour Security
  • Front Desk in Lobby
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,397

Year Built

Built in 1959

Lot Details

0

HOA Fees

$399 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Art Deco
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Inclusions: washer and dryer hook up
  • New Construction: No
  • Story List: Main
  • Year Built: 1959
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to this well kept and maintained Potomac Place Tower. Studio Condo in the heart of the city! Queen bed fits comfortably, stainless steel appliances, spacious bathroom, and beautiful community views. One of the few units in the condo community with a washer and dryer, storage unit included, 24hr Concierge, resort style pool, fitness center, dance studio, party room, and business center. Moderately priced condo fees with all utilities included. In close proximity to 3 metros, groceries, restaurants, all within walking distance to the DC Wharf.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Exhaust Fan, Icemaker, Microwave, Refrigerator, Stove
  • Entry Floor: 5
  • Interior Amenities: Combination Kitchen/Dining, Kitchen - Efficiency, Floor Plan - Open, Efficiency
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Common
  • Total Sq Ft: 445
  • Living Area Sq Ft: 445
  • Price Per Sq Ft: 595.51
  • Above Grade Finished Sq Ft: 445
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 800

Beds/Baths

  • 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
  • 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, Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Central
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Security: Desk In Lobby, 24 Hour Security, Main Entrance Lock, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 399.11
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Concierge, Convenience Store, Elevator, Exercise Room, Extra Storage, Fitness Center, Party Room, Pool - Outdoor, Swimming Pool
  • HOA Condo Co-Op Fee Includes: Air Conditioning, Common Area Maintenance, Electricity, Heat, Management, Insurance, Reserve Funds, Snow Removal, Water
  • HOA: No
  • Senior Community: No

Schools

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

Lot Info

  • Property Condition: Excellent
  • Soil Types: Unknown
  • Year Assessed: 2022
  • Zoning: RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Lease Considered: No
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16150256
  • Tax Annual Amount: 2396.58
  • Assessor Parcel Number: 0540//2734
  • Tax Year: 2022
  • Close Date: 11/22/2022

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2022
Closed on
Nov 22, 2022
Sold by
Amoonarquah Suzanne K
Bought by
Postigo Ernest
Seller's Agent
Karen Dade-Carter
Fairfax Realty Premier
Buyer's Agent
Karen Dade-Carter
Fairfax Realty Premier
List Price
$265,000
Sold Price
$265,000
Views
8
Current Estimated Value
$235,896

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$29,104
Avg. Annual Appreciation
-4.07%
Original Mortgage
$257,050
Outstanding Balance
$249,593
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
-$13,697

Purchase Details

Listed on
Apr 28, 2017
Closed on
Jun 5, 2017
Sold by
Abouraya Adam Leggett
Bought by
Amoonarquah Suzanne K
Seller's Agent
John J. Martinich
Real Broker, LLC
Buyer's Agent
Karen Dade-Carter
Fairfax Realty Premier
List Price
$264,990
Sold Price
$269,999
Premium/Discount to List
$5,009
1.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.34%
Original Mortgage
$215,999
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 28, 2008
Sold by
Potomac Place Assoc Llc
Bought by
Abouraya Adam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,800
Interest Rate
6.18%
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 Buyer Sale Price Title Company
Postigo Ernest $265,000 Lp Title
Amoonarquah Suzanne K $269,999 Midatlantic Settlement Svc
Abouraya Adam $251,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Postigo Ernest $257,050
Previous Owner Amoonarquah Suzanne K $194,500
Previous Owner Amoonarquah Suzanne K $215,999
Previous Owner Abouraya Adam L $187,750
Previous Owner Abouraya Adam $200,800
Closed Postigo Ernest $7,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2022 11/22/22 Sold $265,000 0.0% $596 / Sq Ft
10/14/2022 10/14/22 Pending -- -- --
10/14/2022 10/14/22 For Sale $265,000 -1.9% $596 / Sq Ft
06/05/2017 06/05/17 Sold $269,999 +1.9% $607 / Sq Ft
05/06/2017 05/06/17 Pending -- -- --
05/04/2017 05/04/17 Price Changed $264,990 0.0% $595 / Sq Ft
05/04/2017 05/04/17 For Sale $264,990 -1.9% $595 / Sq Ft
04/28/2017 04/28/17 Off Market $269,999 -- --
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 $1,479 $276,280 $82,880 $193,400
2023 $1,573 $283,820 $85,150 $198,670
2022 $1,945 $281,950 $84,580 $197,370
2021 $1,581 $275,660 $82,700 $192,960
2020 $1,625 $266,830 $80,050 $186,780
2019 $1,558 $258,190 $77,460 $180,730
2018 $1,509 $250,910 $0 $0
2017 $2,032 $239,040 $0 $0
2016 $1,795 $211,140 $0 $0
2015 $1,734 $204,020 $0 $0
2014 $1,620 $190,630 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC2071422

Bright MLS

APN: 0540-2734