Seller's Agent in 2023
George Mrad
KW Metro Center
(202) 236-0000
1 in this area
106 Total Sales
Potomac Place Tower 800 4th St SW Unit S307 Washington, DC 20024
Southwest DC NeighborhoodEstimated Value: $237,529 - $251,000
Studio
1
Bath
561
Sq Ft
$495/ mo
HOA Fee
Highlights
- Concierge
- 5-minute walk to Waterfront-Seu
- Meeting Room
- Fitness Center
- Community Pool
- 3-minute walk to 3rd & I Street Park
About This Home
As of July 2023This stylish and pet-friendly studio in the heart of Washington D.C. is a great opportunity for anyone looking for a modern, convenient and peaceful home. Perfectly situated near the Wharf DC, this bright and spacious unit offers all that you need to enjoy easy living - from brand new appliances, brand new HVAC system and a parking space, plus access to first-class amenities such as business center, gym, outdoor pool, party room and more! You'll also find yourself close by to all of the shopping, dining and entertainment options that come with life at the waterfront! Make this condo your first home or pied-a-terre today – showings are easy with 24/7 concierge service. Condo Fee includes ALL utilities. FHA Approved. Don't miss out on this one – contact us now for more information!
Some images included in the listing have been virtually staged to help showcase the intended use and true potential of spaces in the home.
Last Agent to Sell the Property
(703) 564-4000 gmrad@kw.com KW Metro Center License #0225063990 Listed on: 05/23/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,000
Year Built
- Built in 1959
Lot Details
- 218
HOA Fees
- $495 Monthly HOA Fees
Home Design
- Entry on the 1st floor
- Brick Exterior Construction
Interior Spaces
- 1 Full Bathroom
- 561 Sq Ft Home
- Property has 3 Levels
Parking
- Assigned parking located at #T33
- Parking Lot
- Parking Space Conveys
- 1 Assigned Parking Space
Accessible Home Design
- Accessible Elevator Installed
Schools
- Amidon-Bowen Elementary School
- Jefferson Middle School Academy
- Wilson Senior High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 0540//2883
Community Details
Overview
- Association fees include electricity, parking fee, management, water, trash
- Mid-Rise Condominium
- Potomac Place Tower Subdivision
Amenities
- Concierge
- Common Area
- Meeting Room
Recreation
Pet Policy
- Pets Allowed
Security
- Security Service
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 23, 2023
Closed on
Jul 19, 2023
Sold by
Azad Amirreza
Bought by
Smith Mikaela Li
Seller's Agent
George Mrad
KW Metro Center
Buyer's Agent
Steven Lew
Compass
List Price
$283,000
Sold Price
$280,000
Premium/Discount to List
-$3,000
-1.06%
Views
43
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
-$34,824
Avg. Annual Appreciation
-4.85%
Original Mortgage
$224,000
Outstanding Balance
$218,331
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$26,845
Purchase Details
Closed on
Jun 30, 2011
Sold by
Potomac Place Associates Llc
Bought by
Azad Amirreza
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,625
Interest Rate
3.75%
Mortgage Type
FHA
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 |
|---|---|---|---|
| Smith Mikaela Li | $280,000 | None Listed On Document | |
| Azad Amirreza | $212,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Smith Mikaela Li | $224,000 | |
| Previous Owner | Azad Amirreza | $206,625 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/21/2023 07/21/23 | Sold | $280,000 | -1.1% | $499 / Sq Ft |
| 06/17/2023 06/17/23 | Pending | -- | -- | -- |
| 05/23/2023 05/23/23 | For Sale | $283,000 | 0.0% | $504 / Sq Ft |
| 03/01/2021 03/01/21 | Rented | $1,500 | 0.0% | -- |
| 01/29/2021 01/29/21 | Price Changed | $1,500 | -16.7% | $3 / Sq Ft |
| 12/07/2020 12/07/20 | For Rent | $1,800 | +5.9% | -- |
| 10/01/2015 10/01/15 | Rented | $1,700 | -8.1% | -- |
| 09/14/2015 09/14/15 | Under Contract | -- | -- | -- |
| 08/21/2015 08/21/15 | For Rent | $1,850 | -- | -- |
Source: Bright MLS
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 | $1,412 | $271,600 | $81,480 | $190,120 |
| 2024 | $2,509 | $299,670 | $89,900 | $209,770 |
| 2023 | $2,509 | $309,860 | $92,960 | $216,900 |
| 2022 | $2,530 | $311,400 | $93,420 | $217,980 |
| 2021 | $1,837 | $305,730 | $91,720 | $214,010 |
| 2020 | $1,875 | $296,310 | $88,890 | $207,420 |
| 2019 | $1,791 | $285,550 | $85,660 | $199,890 |
| 2017 | $1,502 | $264,580 | $0 | $0 |
| 2016 | $1,372 | $233,120 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
George Mrad
-
Steven Lew
Buyer's Agent in 2023
Steven Lew
Compass
(202) 369-2301
12 in this area
45 Total Sales
-
Diana Blaszkiewicz
Seller's Agent in 2021
Diana Blaszkiewicz
Compass
(240) 384-4565
43 Total Sales
-
Ola Fakinlede
Buyer's Agent in 2021
Ola Fakinlede
EXIT Keys Realty
(202) 489-6110
30 Total Sales
-
Laura Vickers
Seller's Agent in 2015
Laura Vickers
Real Living at Home
(571) 331-2877
18 Total Sales
-
Samantha Damato
Buyer's Agent in 2015
Samantha Damato
Long & Foster
(202) 309-2109
10 Total Sales
About Potomac Place Tower
Map
Source: Bright MLS
MLS Number: DCDC2097388
APN: 0540-2883
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