NOT LISTED FOR SALE

Estimated Value: $485,000 - $517,000

2 Beds
2 Baths
910 Sq Ft
$547/mo HOA Fee

Last Sold July 23, 2014

Last sale price $519,000 $570 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $3,514/month

3 Days on Market

Highlights

  • City View
  • 5-minute walk to Gallery Place-Chinatown
  • Upgraded Countertops
  • Open Floorplan
  • Beaux Arts Architecture
  • 1-minute walk to Chinatown Park

About This Home

As of July 2014

213 steps from Red-Line lift, unscientific, Manhattan swift with DC risk-free jay-walking, talking location, so close your vocation, you chant at your broker, can't stand mediocre, those 6 same words; big unit/boutique building/best address, then asses the dollars & sense it all makes w/parking "in deed" means your land under that steed. Smart, good looking, you are knee-deep in friend requests...

Last Agent to Sell the Property

Thomas Faison

(202) 255-5554 tom@faisondc.com Coldwell Banker Realty - Washington Listed on: 06/25/2014

Coldwell Banker Realty - Washington

Last Buyer's Agent

Rina Kunk

(202) 489-9011 rina.kunk@compass.com Compass License #592883

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,766

Year Built

  • Built in 2005

Lot Details

  • 174

HOA Fees

  • $547 Monthly HOA Fees

Home Design

  • Beaux Arts Architecture
  • Brick Exterior Construction

Interior Spaces

  • 910 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Combination Dining and Living Room
  • City Views
  • Stacked Washer and Dryer

Kitchen

  • Breakfast Area or Nook
  • Gas Oven or Range
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms

Parking

  • Subterranean Parking
  • Parking Space Number Location: P-4
  • Garage Door Opener
  • Parking Space Conveys

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • Property is in very good condition

Listing and Financial Details

  • Tax Lot 2011
  • Assessor Parcel Number 0485//2011

Community Details

Overview

  • Association fees include exterior building maintenance, common area maintenance, management, insurance, reserve funds, sewer, snow removal, water
  • Low-Rise Condominium
  • Central Community

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,766

Year Built

Built in 2005

Lot Details

0

HOA Fees

$547 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Beaux Arts
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer - Front Loading, Oven/Range - Gas, Washer/Dryer Stacked, Washer - Front Loading
  • Interior Amenities: Breakfast Area, Combination Dining/Living, Master Bath(s), Upgraded Countertops, Floor Plan - Open
  • Fireplace: No
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 910
  • Living Area Sq Ft: 910
  • Price Per Sq Ft: 570.33
  • Above Grade Finished Sq Ft: 910
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick, Concrete
  • Construction Completed: No
  • View: City
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Garage, Parking Space Conveys
  • Parking Space Number Assigned: P-4
  • Garage Features: Garage Door Opener, Underground

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 547.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Elevator
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Common Area Maintenance, Management, Insurance, Reserve Funds, Sewer, Snow Removal, Water
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA Condo Co-Op Rules: Pets - Allowed
  • HOA: No

Lot Info

  • Improvement Assessed Value: 310100.00
  • Land Assessed Value: 132900.00
  • Outdoor Living Structures: Roof
  • Property Condition: Very Good
  • Soil Types: Unknown
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16141658
  • Tax Annual Amount: 3765.50
  • Assessor Parcel Number: 0485//2011
  • Tax Lot: 2011
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 10, 2014
Sold by
Olafson Eric O and Olafson Silvia L
Bought by
Olafson Trustee Eric O and The Olafson Living Trust
Current Estimated Value
$505,051

Purchase Details

Listed on
Jun 25, 2014
Closed on
Jul 22, 2014
Sold by
Rasmussen Eik
Bought by
Olafson Eric O
Seller's Agent
Thomas Faison
Coldwell Banker Realty - Washington
Buyer's Agent
Rina Kunk
Compass
List Price
$519,000
Sold Price
$519,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.24%

Purchase Details

Closed on
Mar 24, 2005
Sold by
Chinatown East Llc
Bought by
Rasmussen Erik

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,200
Interest Rate
5.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 3, 1995
Sold by
Altamont Manor Condo
Bought by
Federal Home Loan Mortgage Corporation
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
Olafson Trustee Eric O -- --
Olafson Eric O $519,000 --
Rasmussen Erik $399,000 --
Federal Home Loan Mortgage Corporation $25,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rasmussen Erik $319,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/23/2014 07/23/14 Sold $519,000 0.0% $570 / Sq Ft
06/28/2014 06/28/14 Pending -- -- --
06/25/2014 06/25/14 For Sale $519,000 -- $570 / Sq Ft
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 $4,132 $501,740 $150,520 $351,220
2024 $4,278 $518,510 $155,550 $362,960
2023 $4,176 $505,950 $151,780 $354,170
2022 $4,107 $496,980 $149,090 $347,890
2021 $4,369 $527,350 $158,200 $369,150
2020 $4,479 $526,980 $158,090 $368,890
2019 $4,418 $519,790 $155,940 $363,850
2017 $4,165 $489,980 $0 $0
2016 $4,254 $500,520 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003076154

Bright MLS

APN: 0485-2011