NOT LISTED FOR SALE

Estimated Value: $221,266 - $260,000

Studio
1 Bath
478 Sq Ft
$399/ mo HOA Fee

Last Sold January 02, 2024

Last sale price $242,500 $507 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,725/month

180 Days on Market

Highlights

  • Concierge
  • 5-minute walk to Waterfront-Seu
  • Penthouse
  • Fitness Center
  • 24-Hour Security
  • 3-minute walk to 3rd & I Street Park

About This Home

As of January 2024

Experience the epitome of city living in this penthouse condo located in the heart of DC's dynamic Southwest neighborhood and designed by the famous Washington architect Clothiel Woodard Smith. This spacious studio condo unit is set on the 8th floor, offers a distinctive lifestyle marked by comfort and convenience.

Boasting taller ceilings than the rest of the units in the building, this expansive condo spans 478 square feet, lending an airy and inviting atmosphere. The open kitchen is a highlight, featuring countertop seating for casual dining or entertaining. New flooring throughout adds a touch of modern elegance.

Natural light streams into the home, creating a warm and sunny living space. Step out onto your private balcony, a perfect spot for morning coffee or evening relaxation, while enjoying the urban views.

As a resident, enjoy access to a shared outdoor pool, concierge, a yoga studio, delightful common grounds and two fitness centers. The building is pet-friendly, and the condo features central air conditioning and heating for year-round comfort. Schedule your personal tour today!

Last Agent to Sell the Property

Sharif Ibrahim

(202) 938-0228 elbonsivad@aol.com Samson Properties License #672008 Listed on: 05/18/2023

Samson Properties

Last Buyer's Agent

David Lloyd

(703) 549-8700 amontgomery@weichertrealtors.net Weichert, REALTORS License #0225043419

Weichert, REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,398

Year Built

  • Built in 1959

Lot Details

  • 218

HOA Fees

  • $399 Monthly HOA Fees

Home Design

  • Penthouse
  • Contemporary Architecture
  • Traditional Architecture
  • Entry on the 8th floor
  • Brick Exterior Construction

Interior Spaces

  • 1 Full Bathroom
  • 478 Sq Ft Home
  • Property has 1 Level
  • Laundry in Basement

Schools

  • Amidon-Bowen Elementary School
  • Jefferson Middle School Academy
  • Wilson Senior High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed

Listing and Financial Details

  • Tax Lot 3004
  • Assessor Parcel Number 0540//3004

Community Details

Overview

  • Association fees include custodial services maintenance, electricity, exterior building maintenance, gas, insurance, laundry, management, reserve funds, snow removal, trash, water
  • Mid-Rise Condominium
  • Potomac Place Tower Condominium Condos
  • Potomac Place Tower Community
  • Rla Subdivision
  • Property Manager

Amenities

  • Concierge
  • Meeting Room
  • Party Room
  • Laundry Facilities

Recreation

Pet Policy

  • Dogs and Cats Allowed

Security

  • 24-Hour Security
  • Front Desk in Lobby

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,398

Year Built

Built in 1959

Lot Details

218 Sq Ft Lot

HOA Fees

$399 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Traditional, Contemporary
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1959
  • Automatically Close On Close Date: Yes
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 8
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Basement
  • Total Sq Ft: 478
  • Living Area Sq Ft: 478
  • Price Per Sq Ft: 520.92
  • 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
  • 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: Central
  • Heating: Yes
  • Hot Water: Electric
  • Security: 24 Hour Security, Desk In Lobby
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 399.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Potomac Place Tower Condominium
  • HOA Condo Co-Op Amenities: Concierge, Elevator, Exercise Room, Laundry Facilities, Meeting Room, Party Room, Pool - Outdoor, Security
  • HOA Condo Co-Op Fee Includes: Custodial Services Maintenance, Electricity, Ext Bldg Maint, Gas, Insurance, Laundry, Management, Reserve Funds, Snow Removal, Trash, Water
  • HOA: No
  • Senior Community: No
  • Community Pool Features: Fenced, 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

  • Outdoor Living Structures: Balcony
  • Soil Types: Urban Land Not Rated
  • Zoning: RA-3
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Pets: Dogs Ok, Cats Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 2398.00
  • Assessor Parcel Number: 0540//3004
  • Tax Lot: 3004
  • 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

Listed on
May 18, 2023
Closed on
Dec 28, 2023
Sold by
Shultz Marc William
Bought by
Shambarger Carolyn
Seller's Agent
Sharif Ibrahim
Samson Properties
Buyer's Agent
David Lloyd
Weichert, REALTORS
List Price
$275,000
Sold Price
$242,500
Premium/Discount to List
-$32,500
-11.82%
Views
187
Current Estimated Value
$240,668

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,832
Avg. Annual Appreciation
-0.69%
Original Mortgage
$179,450
Outstanding Balance
$176,192
Interest Rate
7.29%
Mortgage Type
Construction
Estimated Equity
$62,625

Purchase Details

Listed on
Dec 23, 2011
Closed on
Feb 16, 2012
Sold by
Potomac Place Associates Llc
Bought by
Shultz Marc W
Seller's Agent
Yovi Sever
Fraser Forbes Company, LLC
Buyer's Agent
Evelyn Branic
Coldwell Banker Realty - Washington
Sold Price
$179,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.59%
Original Mortgage
$172,542
Interest Rate
3.3%
Mortgage Type
FHA
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
Shambarger Carolyn $242,500 Westcor Land Title Insurance
Shultz Marc W $179,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shambarger Carolyn $179,450
Previous Owner Shultz Marc W $172,542
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/02/2024 01/02/24 Sold $242,500 -2.6% $507 / Sq Ft
11/14/2023 11/14/23 Pending -- -- --
10/12/2023 10/12/23 Price Changed $249,000 -6.0% $521 / Sq Ft
09/28/2023 09/28/23 Price Changed $265,000 -1.8% $554 / Sq Ft
09/15/2023 09/15/23 Price Changed $269,900 -1.9% $565 / Sq Ft
05/18/2023 05/18/23 For Sale $275,000 0.0% $575 / Sq Ft
10/15/2022 10/15/22 Rented $1,650 0.0% --
09/25/2022 09/25/22 For Rent $1,650 0.0% --
02/16/2012 02/16/12 Sold $179,000 -- $374 / Sq Ft View Prior Sale
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 -- $282,570 $84,770 $197,800
2024 $721 $287,100 $86,130 $200,970
2023 $2,382 $294,910 $88,470 $206,440
2022 $2,398 $295,900 $88,770 $207,130
2021 $2,347 $289,420 $86,830 $202,590
2020 $2,377 $279,660 $83,900 $195,760
2019 $2,272 $267,300 $80,190 $187,110
2018 $2,204 $259,300 $0 $0
2017 $2,082 $244,890 $0 $0
2016 $1,826 $214,780 $0 $0
2015 -- $207,740 $0 $0
2014 -- $194,340 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC2096888

Bright MLS

APN: 0540-3004

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