NOT LISTED FOR SALE

Estimated Value: $293,294 - $401,000

1 Bed
1 Bath
608 Sq Ft
$671/mo HOA Fee

Last Sold May 06, 2024

Last sale price $325,000 $535 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,672/month

14 Days on Market

Highlights

  • Concierge
  • Open Floorplan
  • Community Pool
  • Fitness Center
  • Wood Flooring
  • 3-minute walk to 3rd & I Street Park

About This Home

As of May 2024

Welcome home to Potomac Place Tower! Look no further, Unit #N708 has everything you are looking for. Flooded with natural light, this 1-bedroom unit is equipped with 2 balconies, a spacious kitchen, hardwood floors and a large walk-in closet! The floor-to-ceiling windows in your bedroom and living room are perfect to view the 4th of July fireworks on the Mall or the Washington Monument all year round! To top it off, the unit conveys with a parking spot and a storage unit! With easy access to the Wharf, Nationals Park, Audi Field, Arena Stage, and much more, you are always just steps away from great dining, nightlife, shopping and activities. Within walking distance to three different Metro stations, several Metrobus stops, zipcar, and water taxi, you can travel across the DMV conveniently and with ease. The low condo fee not only includes all utilities, but also the incredibly expansive list of amenities this community has to offer including a community room, 2 fitness centers, aerobics studio, outdoor pool, business center, dry cleaning services, laundry facilities, 24-hr front desk concierge, and bicycle storage. Don’t miss out on this pet-friendly and investor-friendly building which offers the epitome of convenience with its amenities and stellar location!

Last Agent to Sell the Property

Monique Van Blaricom

(224) 970-2783 monique@mvbresidential.com RLAH @properties License #5005333 Listed on: 03/14/2024

RLAH @properties

Last Buyer's Agent

Olivia Kibler

(301) 351-9630 olivia.kibler@gmail.com Compass

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,548

Year Built

  • Built in 1959

Lot Details

  • 218

HOA Fees

  • $671 Monthly HOA Fees

Home Design

  • Entry on the 7th floor

Interior Spaces

  • 608 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Combination Dining and Living Room
  • Wood Flooring
  • Laundry in Basement

Kitchen

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

Bedrooms and Bathrooms

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

Parking

  • 1 Off-Street Space
  • Assigned parking located at #T-83
  • Parking Space Conveys
  • 1 Assigned Parking Space

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 2785
  • Assessor Parcel Number 0540//2785

Community Details

Overview

  • Association fees include common area maintenance, electricity, gas, insurance, management, parking fee, pool(s), sewer, snow removal, water
  • Mid-Rise Condominium
  • Potomac Place Tower Condos
  • Sw Waterfront Subdivision

Amenities

  • Concierge
  • Community Center
  • Laundry Facilities
  • Elevator

Recreation

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,548

Year Built

Built in 1959

Lot Details

0

HOA Fees

$671 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-03-14
  • Year Built: 1959
  • Assigned Parking Space Numbers: T-83
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome home to Potomac Place Tower! Look no further, Unit #N708 has everything you are looking for. Flooded with natural light, this 1-bedroom unit is equipped with 2 balconies, a spacious kitchen, hardwood floors and a large walk-in closet! The floor-to-ceiling windows in your bedroom and living room are perfect to view the 4th of July fireworks on the Mall or the Washington Monument all year round! To top it off, the unit conveys with a parking spot and a storage unit! With easy access to the Wharf, Nationals Park, Audi Field, Arena Stage, and much more, you are always just steps away from great dining, nightlife, shopping and activities. Within walking distance to three different Metro stations, several Metrobus stops, zipcar, and water taxi, you can travel across the DMV conveniently and with ease. The low condo fee not only includes all utilities, but also the incredibly expansive list of amenities this community has to offer including a community room, 2 fitness centers, aerobics studio, outdoor pool, business center, dry cleaning services, laundry facilities, 24-hr front desk concierge, and bicycle storage. Don’t miss out on this pet-friendly and investor-friendly building which offers the epitome of convenience with its amenities and stellar location!
  • Washer Dryer Hookups YN: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Disposal, Dishwasher, Oven/Range - Gas, Refrigerator
  • Entry Floor: 7
  • Interior Amenities: Combination Dining/Living, Floor Plan - Open, Walk-In Closet(s), Wood Floors
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Common, Basement, Shared
  • Total Sq Ft: 608
  • Living Area Sq Ft: 608
  • Price Per Sq Ft: 557.57
  • Above Grade Finished Sq Ft: 608
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 800

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: Mixed
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned, Parking Space Conveys
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street
  • Off Street Parking Spaces: 1

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 671.48
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Potomac Place Tower
  • HOA Condo Co-Op Amenities: Community Center, Concierge, Elevator, Exercise Room, Fitness Center, Laundry Facilities, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Electricity, Gas, Insurance, Management, Parking Fee, Pool(s), Sewer, 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

  • Soil Types: Unknown
  • Year Assessed: 2022
  • Zoning: RA-3
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Tax Annual Amount: 2548.00
  • Assessor Parcel Number: 0540//2785
  • Tax Lot: 2785
  • Tax Total Finished Sq Ft: 608
  • Tax Year: 2022
  • Close Date: 05/06/2024

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2024
Closed on
May 6, 2024
Sold by
Jones Christopher E and Jones Marzena
Bought by
Boyd Joshua Allen
Seller's Agent
Monique Van Blaricom
RLAH @properties
Buyer's Agent
Olivia Kibler
Compass
List Price
$339,000
Sold Price
$325,000
Premium/Discount to List
-$14,000
-4.13%
Views
256
Current Estimated Value
$329,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,074
Avg. Annual Appreciation
0.85%

Purchase Details

Closed on
Jan 8, 2015
Sold by
Jones Christopher E
Bought by
Jones Christopher E and Jones Marzena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 4, 2008
Sold by
Potomac Place Asoc Llc
Bought by
Jones Christopher E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,000
Interest Rate
6.21%
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
Boyd Joshua Allen $325,000 Kvs Title
Jones Christopher E -- --
Jones Christopher E $253,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jones Christopher E $231,000
Previous Owner Jones Christopher E $253,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/06/2024 05/06/24 Sold $325,000 -4.1% $535 / Sq Ft
03/29/2024 03/29/24 Pending -- -- --
03/14/2024 03/14/24 For Sale $339,000 -- $558 / 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 $3,140 $384,610 $115,380 $269,230
2023 $3,224 $393,990 $118,200 $275,790
2022 $2,548 $392,190 $117,660 $274,530
2021 $2,481 $381,580 $114,470 $267,110
2020 $2,468 $366,110 $109,830 $256,280
2019 $2,362 $352,760 $105,830 $246,930
2018 $2,178 $342,670 $0 $0
2017 $1,987 $324,020 $0 $0
2016 $1,813 $285,000 $0 $0
2015 $1,737 $275,760 $0 $0
2014 -- $257,670 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC2132026

Bright MLS

APN: 0540-2785