Potomac Place Tower 800 4th St SW Unit S611 Washington, DC 20024
Southwest DC NeighborhoodEstimated Value: $282,000 - $286,000
--
Bed
1
Bath
614
Sq Ft
$617/mo
HOA Fee
Highlights
- Concierge
- Community Pool
- Meeting Room
- Fitness Center
- Indoor Tennis Courts
- 2-minute walk to 3rd & I Street Park
About This Home
As of December 2024ALL UTILITIES INCLUDED IN CONDO FEE! One of the few true condo buildings in SW DC! Off street dedicated parking spot, and storage unit are included with one of the largest studios in the building. 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.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,820
Year Built
- Built in 1959
Lot Details
- 218
HOA Fees
- $617 Monthly HOA Fees
Home Design
- Brick Front
Interior Spaces
- 1 Full Bathroom
- 614 Sq Ft Home
- Property has 1 Level
- Family Room Off Kitchen
- Efficiency Studio
Kitchen
- Kitchen in Efficiency Studio
- Built-In Range
- Microwave
- Dishwasher
- Disposal
Parking
- 1 Open Parking Space
- 1 Parking Space
- On-Street Parking
- Parking Lot
- Off-Street Parking
- Parking Space Conveys
- 1 Assigned Parking Space
Outdoor Features
- Storage Shed
Schools
- Amidon-Bowen Elementary School
- Jefferson Middle School Academy
- Wilson Senior High School
Utilities
- Heat Pump System
- Natural Gas Water Heater
- Public Septic
Additional Features
- Accessible Elevator Installed
- Property is in very good condition
Listing and Financial Details
- Tax Lot 2962
- Assessor Parcel Number 0540//2962
Community Details
Overview
- $500 Elevator Use Fee
- Association fees include air conditioning, electricity, gas, heat, management, lawn maintenance, insurance, pool(s), trash, laundry, water
- Mid-Rise Condominium
- Rla (Sw) Community
- Potomac Place Tower Subdivision
- Property Manager
Amenities
- Concierge
- Common Area
- Meeting Room
- Party Room
- Laundry Facilities
Recreation
- Indoor Tennis Courts
Pet Policy
- Pets Allowed
- Pet Size Limit
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 19, 2024
Closed on
Dec 3, 2024
Sold by
Chen Haoyi
Bought by
Mcdonough Jennifer Ann
Seller's Agent
John J. Martinich
Real Broker, LLC
Buyer's Agent
Tobin Seven
Seven Real Estate Associates, LLC
List Price
$285,000
Sold Price
$285,000
Total Days on Market
61
Views
23
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
-$1,374
Avg. Annual Appreciation
-0.93%
Original Mortgage
$294,405
Outstanding Balance
$293,377
Interest Rate
6.72%
Mortgage Type
VA
Estimated Equity
-$9,751
Purchase Details
Closed on
Jul 22, 2011
Sold by
Potomac Place Associates Llc
Bought by
Chen Haoyi
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
4.52%
Mortgage Type
New Conventional
Similar Homes in Washington, DC
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 |
|---|---|---|---|
| Mcdonough Jennifer Ann | $285,000 | Wfg National Title | |
| Mcdonough Jennifer Ann | $285,000 | Wfg National Title | |
| Chen Haoyi | $217,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mcdonough Jennifer Ann | $294,405 | |
| Closed | Mcdonough Jennifer Ann | $294,405 | |
| Previous Owner | Chen Haoyi | $117,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/06/2024 12/06/24 | Sold | $285,000 | 0.0% | $464 / Sq Ft |
| 09/19/2024 09/19/24 | For Sale | $285,000 | 0.0% | $464 / Sq Ft |
| 07/08/2018 07/08/18 | Rented | $1,650 | -2.9% | -- |
| 06/30/2018 06/30/18 | Under Contract | -- | -- | -- |
| 06/14/2018 06/14/18 | For Rent | $1,700 | +6.3% | -- |
| 06/16/2017 06/16/17 | Rented | $1,600 | -5.9% | -- |
| 06/16/2017 06/16/17 | Under Contract | -- | -- | -- |
| 05/25/2017 05/25/17 | For Rent | $1,700 | -- | -- |
Source: Bright MLS
Tax History Compared to Growth
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 | $2,747 | $338,390 | $101,520 | $236,870 |
| 2023 | $2,820 | $346,460 | $103,940 | $242,520 |
| 2022 | $2,819 | $345,400 | $103,620 | $241,780 |
| 2021 | $2,774 | $339,650 | $101,890 | $237,760 |
| 2020 | $2,156 | $329,320 | $98,800 | $230,520 |
| 2019 | $2,057 | $316,820 | $95,050 | $221,770 |
| 2018 | $1,904 | $307,810 | $0 | $0 |
| 2017 | $1,738 | $293,610 | $0 | $0 |
| 2016 | $1,587 | $258,360 | $0 | $0 |
| 2015 | $1,516 | $249,980 | $0 | $0 |
| 2014 | -- | $233,560 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
John J. Martinich
Seller's Agent in 2024
John J. Martinich
Real Broker, LLC
(703) 988-1288
5 in this area
128 Total Sales
-
Tobin Seven
Buyer's Agent in 2024
Tobin Seven
Seven Real Estate Associates, LLC
(703) 775-1111
1 in this area
95 Total Sales
-
Karen Szala
Buyer's Agent in 2017
Karen Szala
Coldwell Banker (NRT-Southeast-MidAtlantic)
(202) 321-3056
4 in this area
20 Total Sales
About Potomac Place Tower
Map
Source: Bright MLS
MLS Number: DCDC2156500
APN: 0540-2962
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