NOT LISTED FOR SALE

Madrigal Lofts 811 4th St NW Unit 406 Washington, DC 20001

Mount Vernon Triangle Neighborhood

Estimated Value: $428,000 - $435,556

1 Bed
1 Bath
708 Sq Ft
$570/mo HOA Fee

Last Sold February 14, 2024

Last sale price $425,000 $600 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,070/month

146 Days on Market

Highlights

  • Concierge
  • City View
  • Contemporary Architecture
  • Fitness Center
  • Open Floorplan
  • 4-minute walk to William Erasmus Wainwright Park

About This Home

As of February 2024

Perched among the treetops resides this spacious and beautifully-maintained one bedroom at Madrigal Lofts, located in the vibrant Mount Vernon Triangle neighborhood. High ceilings, large windows and exposed ductwork embody the essence of this uniquely-urban loft-style unit. Beaming with natural light, the open floor plan combines living, dining and entertaining in one seamlessly-designed space, and the private balcony helps to bring the outside in. The property has been thoughtfully updated, with no detail overlooked. Pre-listing upgrades include a brand-new HVAC system, new flooring throughout, new lighting, and a fresh coat of paint. One secure garage parking space conveys. Enjoy the fabulous amenities including the state-of-the-art fitness center and renovated rooftop deck with lounging areas, gas grills, and breathtaking city views. You’ll also find updated common hallway spaces refreshed with brand new carpeting and tile. The tenured on-site management and staff offer a 24/7 front desk concierge and exceptional services to accommodate residents’ needs. Steps from the neighborhood’s best coffee shops and restaurants, you’ll have quick access to the city’s iconic landmarks including the U.S. Capitol, the National Gallery of Art, and countless museums and historic sites. Metro access to explore the capital metro region is just blocks from your front door. Welcome home.

Last Agent to Sell the Property

Hugh McDermott

(202) 333-1212 georgetown@ttrsir.com TTR Sotheby's International Realty Listed on: 08/24/2023

TTR Sotheby's International Realty

Co-Listed By

Jeff Wilson

(202) 333-1212 georgetown@ttrsir.com TTR Sotheby's International Realty License #98739

Last Buyer's Agent

Edward Vasquez

(301) 975-9500 eddie@evpropertiesgroup.com Long & Foster Real Estate, Inc. License #653351

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,842

Year Built

  • Built in 2007

Lot Details

  • 87

HOA Fees

  • $570 Monthly HOA Fees

Parking

  • Assigned parking located at #P1-73

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Brick Exterior Construction

Interior Spaces

  • 708 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling height of 9 feet or more
  • Casement Windows
  • Sliding Doors
  • Dining Area

Kitchen

  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Schools

  • Walker-Jones Education Campus Elementary School
  • Dunbar High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System

Additional Features

  • Sprinkler System

Listing and Financial Details

  • Tax Lot 2142
  • Assessor Parcel Number 0528//2142

Community Details

Overview

  • Association fees include gas, trash, water, sewer, snow removal, reserve funds, parking fee, management, exterior building maintenance, common area maintenance
  • 259 Units
  • High-Rise Condominium
  • Madrigal Lofts Condominium Condos
  • Madrigal Lofts Community
  • Mount Vernon Triangle Subdivision
  • Property Manager

Amenities

  • Concierge
  • Elevator

Recreation

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit
  • Dogs and Cats Allowed

Security

  • Front Desk in Lobby
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,842

Year Built

Built in 2007

Lot Details

0

HOA Fees

$570 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • Exclusions: See "Inclusions/Exclusions Disclosure & Addendum" in Documents
  • Inclusions: See "Inclusions/Exclusions Disclosure & Addendum" in Documents
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-08-24
  • Year Built: 2007
  • Assigned Parking Space Numbers: P1-73
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dryer, Disposal, Dishwasher, Refrigerator, Stainless Steel Appliances, Washer
  • Entry Floor: 1
  • Interior Amenities: Dining Area, Floor Plan - Open, Sprinkler System, Upgraded Countertops
  • Window Features: Casement
  • Fireplace: No
  • Door Features: Sliding Glass
  • Wall Ceiling Types: 9'+ Ceilings
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 708
  • Living Area Sq Ft: 708
  • Price Per Sq Ft: 634.18
  • Above Grade Finished Sq Ft: 708
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • 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
  • View: City
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Assigned Spaces Count: 1
  • Garage: Yes
  • Parking Features: Assigned
  • Garage Features: Inside Access, Underground
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Forced Air, Heat Pump(s)
  • Heating: Yes
  • Security: Desk In Lobby, Smoke Detector, Sprinkler System - Indoor, Main Entrance Lock
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 569.57
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Madrigal Lofts Condominium
  • HOA Condo Co-Op Amenities: Concierge, Elevator, Fitness Center, Reserved/Assigned Parking
  • HOA Condo Co-Op Fee Includes: Gas, Trash, Water, Sewer, Snow Removal, Reserve Funds, Parking Fee, Management, Ext Bldg Maint, Common Area Maintenance
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: WALKER-JONES EDUCATION CAMPUS
  • High School: DUNBAR

Lot Info

  • Outdoor Living Structures: Balcony
  • Soil Types: Urban Land Not Rated
  • Zoning: D-4-R
  • In City Limits: Yes

Rental Info

  • Lease Considered: No
  • Pets: Dogs Ok, Cats Ok, Size/Weight Restriction, Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 3842.00
  • Assessor Parcel Number: 0528//2142
  • Tax Lot: 2142
  • 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
Aug 24, 2023
Closed on
Feb 13, 2024
Sold by
Gresham William F and Gresham Veronique D
Bought by
Ortiz Jose A
Seller's Agent
Hugh McDermott
TTR Sotheby's International Realty
Buyer's Agent
Edward Vasquez
Long & Foster Real Estate, Inc.
List Price
$475,000
Sold Price
$425,000
Premium/Discount to List
-$50,000
-10.53%
Views
121
Current Estimated Value
$431,906

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,906
Avg. Annual Appreciation
0.82%
Original Mortgage
$439,025
Outstanding Balance
$430,850
Interest Rate
6.62%
Mortgage Type
VA
Estimated Equity
$1,002
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ortiz Jose A $425,000 Allied Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ortiz Jose A $439,025
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/14/2024 02/14/24 Sold $425,000 -5.3% $600 / Sq Ft
01/18/2024 01/18/24 Pending -- -- --
09/26/2023 09/26/23 Price Changed $449,000 -5.5% $634 / Sq Ft
08/24/2023 08/24/23 For Sale $475,000 -- $671 / 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 $3,064 $465,930 $139,780 $326,150
2024 $3,887 $472,420 $141,730 $330,690
2023 $3,853 $468,040 $140,410 $327,630
2022 $3,842 $465,820 $139,750 $326,070
2021 $3,740 $453,300 $135,990 $317,310
2020 $3,797 $446,660 $134,000 $312,660
2019 $3,750 $441,210 $132,360 $308,850
2017 $3,712 $436,690 $0 $0
2016 $3,594 $422,870 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Hugh McDermott

    Seller's Agent in 2024

    Hugh McDermott

    TTR Sotheby's International Realty

    (781) 608-9054

    3 in this area

    170 Total Sales

    Hugh McDermott
    Section Image
  • Jeff Wilson

    Seller Co-Listing Agent in 2024

    Jeff Wilson

    TTR Sotheby's International Realty

    (301) 442-8533

    1 in this area

    168 Total Sales

    Jeff Wilson
    Section Image
  • Edward Vasquez

    Buyer's Agent in 2024

    Edward Vasquez

    Long & Foster

    (240) 464-6106

    1 in this area

    95 Total Sales

    Edward Vasquez
    Section Image
  • Sina Mollaan

    Buyer Co-Listing Agent in 2024

    Sina Mollaan

    Compass

    (202) 270-7462

    10 in this area

    738 Total Sales

    Sina Mollaan
    Section Image
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About Madrigal Lofts

Map

Source: Bright MLS

MLS Number: DCDC2108400

Bright MLS

APN: 0528-2142

District of Columbia District of Columbia County Washington 20001 Mount Vernon Triangle

811 4th St NW Unit 406, Washington, DC

Not Listed for Sale

Condos

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