RENTED MAR 15, 2026

Estimated Value: $221,996 - $275,000

Studio
1 Bath
517 Sq Ft
1959 Built

Sale Details

Date Sold: October 28, 2020

Last sale price $285,000 $551 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $1,495 / mo

Highlights

  • Traditional Architecture
  • Forced Air Heating and Cooling System
  • 3-minute walk to 3rd & I Street Park
  • Community Pool
  • Dogs and Cats Allowed

About This Home

As of March 2026

Bright and spacious studio ideally located in the dynamic Southwest Waterfront. This well-designed unit features bamboo hardwood flooring, modern kitchen cabinetry, granite countertops, and gas cooking. A generous walk-in closet provides excellent storage, and the private balcony offers a perfect outdoor retreat. Potomac Place Tower is an amenity-rich community with 24-hour concierge service and package acceptance, an outdoor pool, two fully equipped fitness centers, community room, business center, on-site dry-cleaning lockers, free bike storage, and common laundry facilities in each building. The residence also includes a private storage unit, and all utilities are included. Enjoy an unbeatable location just moments from The Wharf’s dining, shopping, and entertainment, as well as Navy Yard restaurants, Nationals Park, and Audi Field. Whole Foods, Harris Teeter, and convenient access to Waterfront, L’Enfant Plaza, and Federal Center SW Metro stations complete the package. Make this your home today. PLEASE NOTE: All adults over the age of 18 must apply via RentSpree and GCAAR Applications. Vouchers welcome. Non-voucher applicants are required to have verifiable income of 40 times the monthly rent and be willing to sign at least a 12 month lease. Applications will be approved or denied within 3 business days. After initial offer to lease is made, applicant must pass a criminal background check as allowable by DC law. Offered at $1,695 a month, with leasing terms ranging from 12 to 36 months considered. $250 Move-In Fee payable to building (Landlord will split $500 move-in fee). Please direct your clients to RentSpree if they would like to submit an application. GCAAR rental application available in the document section. All parties over the age of 18 must complete an application. Utilities included in rent.

Last Agent to Rent the Property

Steven Lew

(703) 310-6111 Steven.lew@compass.com Compass Brokerage Phone: 7033106111 License #0225240135 Listed on: 01/08/2026

Compass

Co-Listed By

Andy Peers

(703) 310-6111 andy@compass.com Compass Brokerage Phone: 7033106111

Last Renter's Agent

datacorrect BrightMLS

(844) 552-7444 datacorrect@brightmls.com Non Subscribing Office License #0225194075

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1959

Home Design

  • Traditional Architecture
  • Entry on the 4th floor

Interior Spaces

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

Accessible Home Design

  • Accessible Elevator Installed

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Public Septic

Listing and Financial Details

  • Residential Lease
  • Security Deposit $1,695
  • 12-Month Min and 36-Month Max Lease Term
  • Available 1/7/26
  • Assessor Parcel Number 0540//2926

Community Details

Overview

  • Mid-Rise Community
  • R. L. A. Sw Community
  • Southwest Waterfront Subdivision

Recreation

Pet Policy

  • Dogs and Cats Allowed

Condo Details

Home Type

Condominium

Year Built

Built in 1959

Lot Details

0 Sq Ft Lot

Rental Info

  • Date Available: 2026-01-07
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Security Deposit: 1695.00
  • Vacation Rental: No
  • Max Lease in Months: 36
  • Min Lease in Months: 12
  • Rent Spree Online Application: Yes

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Traditional
  • Accessibility Features: Elevator
  • 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

  • Entry Floor: 4
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 517
  • Living Area Sq Ft: 517
  • Price Per Sq Ft: 3.28
  • Above Grade Finished Sq Ft: 517
  • 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: Combination
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Units: Square Feet
  • Lot Sq Ft: 205.00
  • Zoning: RA-3

Tax Info

  • Assessor Parcel Number: 0540//2926

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2020
Closed on
Oct 27, 2020
Sold by
Flood Darren Ludlam
Bought by
Cubillos Leonardo
Seller's Agent
Kimberly Diggs
Compass
Buyer's Agent
Andy Peers
Compass
List Price
$309,000
Sold Price
$285,000
Premium/Discount to List
-$24,000
-7.77%
Current Estimated Value
$248,499

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$36,501
Avg. Annual Appreciation
-2.47%
Original Mortgage
$213,750
Outstanding Balance
$188,825
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$59,674

Purchase Details

Closed on
Jun 1, 2012
Sold by
Potomac Place Associates Llc
Bought by
Flood Darren L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,200
Interest Rate
3.9%
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 Buyer Sale Price Title Company
Cubillos Leonardo $285,000 Kvs Title Llc
Flood Darren L $169,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cubillos Leonardo $213,750
Previous Owner Flood Darren L $135,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/15/2026 03/15/26 Rented $1,695 0.0% --
02/23/2026 02/23/26 Under Contract -- -- --
01/08/2026 01/08/26 For Rent $1,695 0.0% --
10/28/2020 10/28/20 Sold $285,000 -4.7% $551 / Sq Ft View Prior Sale
08/20/2020 08/20/20 Price Changed $299,000 -3.2% $578 / Sq Ft
07/23/2020 07/23/20 For Sale $309,000 -- $598 / Sq Ft
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 $2,126 $265,740 $79,720 $186,020
2024 $2,166 $270,000 $81,000 $189,000
2023 $2,252 $279,600 $83,880 $195,720
2022 $2,270 $280,790 $84,240 $196,550
2021 $2,225 $275,060 $82,520 $192,540
2020 $2,260 $265,930 $79,780 $186,150
2019 $2,177 $256,130 $76,840 $179,290
2018 $2,112 $248,470 $0 $0
2017 $1,264 $236,890 $0 $0
2016 $1,155 $207,620 $0 $0
2015 $1,089 $200,880 $0 $0
2014 -- $187,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC2240268

Bright MLS

APN: 0540-2926

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