NOT LISTED FOR SALE

Potomac Place Tower 800 4th St SW Unit S303 Washington, DC 20024

Southwest DC Neighborhood

Estimated Value: $233,525 - $269,000

-- Bed
1 Bath
478 Sq Ft
$495/mo HOA Fee

Last Sold May 10, 2023

Last sale price $275,000 $575 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $1,970/month

54 Days on Market

Highlights

  • Concierge
  • 5-minute walk to Waterfront-Seu
  • Community Pool
  • Fitness Center
  • Contemporary Architecture
  • 3-minute walk to 3rd & I Street Park

About This Home

As of May 2023

**BACK ON THE MARKET DUE TO BUYER FINANCING ISSUES**
ALL UTILITIES INCLUDED IN CONDO FEE! One of the few true condo buildings in SW DC, this unit is turn key, with fresh paint and brand new carpet . Used as a 2nd homer the original owners, this unit is barely lived in, and almost new! Off street dedicated parking spot, and storage unit are included. Potomac Place tower is a very short distance to three metro stations, groceries, restaurants, and entertainment; including Nats Ballpark, the National Mall, or the new DC waterfront Wharf. The building also sports an outdoor pool, fitness center (including free weights, cardio room, and multi purpose room), a business center, party room, and 24 hr concierge. Look no further, this is the one! ***Virtual Staging used to show multiple ways to set up the space***

Last Agent to Sell the Property

John J. Martinich

(703) 988-1288 john@luphomes.com EXP Realty, LLC Listed on: 02/17/2023

EXP Realty, LLC

Last Buyer's Agent

James Dalpee

(202) 322-7338 james.dalpee@redfin.com Redfin Corp License #5009303

Redfin Corp

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,276

Year Built

  • Built in 1959

Lot Details

  • 218

HOA Fees

  • $495 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 3rd floor
  • Brick Exterior Construction

Interior Spaces

  • 1 Full Bathroom
  • 478 Sq Ft Home
  • Property has 1 Level

Kitchen

  • Stove
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Parking

  • 1 Off-Street Space
  • Assigned parking located at #T-8
  • 1 Assigned Parking Space

Utilities

  • Heat Pump System
  • Natural Gas Water Heater

Additional Features

  • Property is in very good condition

Listing and Financial Details

  • Tax Lot 2879
  • Assessor Parcel Number 0540//2879

Community Details

Overview

  • Association fees include air conditioning, common area maintenance, electricity, gas, heat, sewer, trash, water, insurance, reserve funds, snow removal
  • Mid-Rise Condominium
  • Potomac Place Tower Subdivision

Amenities

  • Concierge
  • Common Area
  • Community Center
  • Meeting Room
  • Party Room
  • Laundry Facilities
  • Elevator

Recreation

Pet Policy

  • Pets Allowed

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,276

Year Built

Built in 1959

Lot Details

0

HOA Fees

$495 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Unit/Flat, Contemporary
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-02-18
  • Year Built: 1959
  • Assigned Parking Space Numbers: T-8
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Stove, Refrigerator, Icemaker, Dishwasher, Disposal
  • Entry Floor: 3
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Shared
  • Total Sq Ft: 478
  • Living Area Sq Ft: 478
  • Price Per Sq Ft: 585.77
  • Above Grade Finished Sq Ft: 478
  • 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, Below Grade
  • Construction Materials: Brick
  • Spa: No
  • 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
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street
  • Off Street Parking Spaces: 1

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 495.15
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Community Center, Concierge, Elevator, Extra Storage, Fitness Center, Laundry Facilities, Meeting Room, Party Room, Pool - Outdoor, Security
  • HOA Condo Co-Op Fee Includes: Air Conditioning, Common Area Maintenance, Electricity, Gas, Heat, Sewer, Trash, Water, Insurance, Reserve Funds, Snow Removal
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No
  • Community Pool Features: In Ground

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Improvement Assessed Value: 196480.00
  • Land Assessed Value: 84200.00
  • Outdoor Living Structures: Balcony
  • Property Condition: Very Good
  • Soil Types: Unknown
  • Zoning: RES
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16150399
  • Tax Annual Amount: 2276.00
  • Assessor Parcel Number: 0540//2879
  • Tax Lot: 2879
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 3, 2010
Sold by
Potomac Place Associates Llc
Bought by
Lane John William
Current Estimated Value
$246,631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,400
Outstanding Balance
$104,770
Interest Rate
4.55%
Mortgage Type
New Conventional
Estimated Equity
$141,861
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 Buyer Sale Price Title Company
Lane John William $198,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lane John William $158,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2023 05/10/23 Sold $275,000 -1.8% $575 / Sq Ft
04/12/2023 04/12/23 Pending -- -- --
04/05/2023 04/05/23 For Sale $280,000 0.0% $586 / Sq Ft
02/21/2023 02/21/23 Pending -- -- --
02/17/2023 02/17/23 For Sale $280,000 -- $586 / 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 $2,134 $266,740 $80,020 $186,720
2024 $2,175 $271,010 $81,300 $189,710
2023 $2,261 $280,680 $84,200 $196,480
2022 $2,276 $281,580 $84,470 $197,110
2021 $2,230 $275,660 $82,700 $192,960
2020 $2,269 $266,940 $80,080 $186,860
2019 $2,193 $258,000 $77,400 $180,600
2018 $2,131 $250,730 $0 $0
2017 $2,031 $238,930 $0 $0
2016 $1,793 $210,920 $0 $0
2015 $1,652 $194,330 $0 $0
2014 -- $179,780 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • John J. Martinich

    Seller's Agent in 2023

    John J. Martinich

    EXP Realty, LLC

    (703) 988-1288

    5 in this area

    116 Total Sales

    John J. Martinich
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About Potomac Place Tower

Map

Source: Bright MLS

MLS Number: DCDC2082570

Bright MLS

APN: 0540-2879

District of Columbia District of Columbia County Washington 20024 Southwest DC

800 4th St SW Unit S303, Washington, DC

Not Listed for Sale

Condos

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