NOT LISTED FOR SALE

Estimated Value: $267,677 - $296,000

-- Bed
1 Bath
614 Sq Ft
$617/mo HOA Fee

Last Sold December 06, 2024

Last sale price $285,000 $464 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,325/month

61 Days on Market

Highlights

  • Concierge
  • Community Pool
  • Meeting Room
  • Fitness Center
  • Indoor Tennis Courts
  • 3-minute walk to 3rd & I Street Park

About This Home

As of December 2024

ALL 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.

Last Agent to Sell the Property

John J. Martinich

(703) 988-1288 john@luphomes.com EXP Realty, LLC Listed on: 09/19/2024

EXP Realty, LLC

Last Buyer's Agent

Tobin Seven

(703) 775-1111 Tobin@SoldBySeven.com Seven Real Estate Associates, LLC License #666860

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

  • Entry on the 6th floor
  • 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

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,820

Year Built

Built in 1959

Lot Details

0

HOA Fees

$617 per month

Listing Details

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

  • Appliances: Built-In Range, Dishwasher, Disposal, Microwave, Refrigerator
  • Entry Floor: 6
  • Interior Amenities: Kitchen - Efficiency, Family Room Off Kitchen, Efficiency
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Common
  • Total Sq Ft: 614
  • Living Area Sq Ft: 614
  • Price Per Sq Ft: 464.17
  • Above Grade Finished Sq Ft: 614
  • 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
  • Other Structures List: Storage Barn/Shed
  • Construction Materials: Brick Front
  • 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, Parking Space Conveys
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: On Street, Off Street, Parking Lot
  • Parking Lot Number Of Spaces: 1

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 616.81
  • Condo Co-Op Fee Frequency: Monthly
  • Elevator Use Fee: 500.00
  • HOA Condo Co-Op Amenities: Common Grounds, Concierge, Elevator, Exercise Room, Fitness Center, Meeting Room, Party Room, Pool - Outdoor, Tennis - Indoor, Swimming Pool
  • HOA Condo Co-Op Fee Includes: Air Conditioning, Electricity, Gas, Heat, Management, Lawn Maintenance, Insurance, Pool(s), Trash, Laundry, Water
  • HOA: No
  • Senior Community: No
  • Community Pool Features: In Ground

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: AMIDON-BOWEN
  • High School: WILSON SENIOR
  • Middle Or Junior School: JEFFERSON MIDDLE SCHOOL ACADEMY

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Outdoor Living Structures: Balcony
  • Property Condition: Very Good
  • Soil Types: Unknown
  • Zoning: RES
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Size/Weight Restriction
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 2820.00
  • Assessor Parcel Number: 0540//2962
  • Tax Lot: 2962
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

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
EXP Realty, LLC
Buyer's Agent
Tobin Seven
Seven Real Estate Associates, LLC
List Price
$285,000
Sold Price
$285,000
Views
23
Current Estimated Value
$282,669

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,331
Avg. Annual Appreciation
-0.82%
Original Mortgage
$294,405
Outstanding Balance
$291,790
Interest Rate
6.72%
Mortgage Type
VA
Estimated Equity
-$9,121

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
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
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 List to Sale Price per Sq Ft
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

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 $2,698 $333,050 $99,910 $233,140
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

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Map

Source: Bright MLS

MLS Number: DCDC2156500

Bright MLS

APN: 0540-2962