$482,500
SOLD OCT 8, 2020
1 Bed
1 Bath
692 Sq Ft
$516/mo HOA Fee

Recently Sold

$697 Per Sq Ft

1% Below List Price

63 Days on Market

Highlights

  • Fitness Center
  • Gourmet Kitchen
  • Contemporary Architecture
  • 24-Hour Security
  • Open Floorplan
  • 4-minute walk to William Erasmus Wainwright Park

About This Home

As of October 2020

SCHEDULE YOUR PRIVATE (SAFE) APPOINTMENT HERE: Bit.ly/811-FOURTH-NW-OPEN . 5,000K BUYER CREDIT AT CLOSING FOR AN ACCEPTABLE CONTRACT RATIFIED ON OR BEFORE AUGUST 12TH!!! Madrigal Lofts stands 12 stories tall on a pristine downtown corner, just a 4-block stroll in any direction to the best of the City: Union Station, the heart of Chinatown/Gallery Place, or shopping at CityCenterDC. Three METRO stations, National galleries and museums, 50+ shops, and countless cafes and restaurants all at your doorstep! Apartment 507 welcomes you home with smart central hall and enticing view straight through the main space to your stunning glass wall overlooking the City! The beauty of LOFT living -- soaring ceilings, exposed modern mechanicals, and open flow to live/dine/cook/entertain. Up three steps to the bedroom a retreat that is private while still capturing the airy flow from the whole space. Endless conveniences - 24 hr security, roof deck, fitness room, storage for purchase. BONUS - personal garage PARKING SPACE INCLUDED! Start your tour today at bit.ly/811-FOURTH-NW-3D

Last Agent to Sell the Property

Joel Nelson

Keller Williams Capital Properties License #0225080234 Listed on: 06/26/2020

Keller Williams Capital Properties

Last Buyer's Agent

Andrew Riguzzi

Compass License #SP98364747

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,210

Year Built

  • Built in 2007

Lot Details

  • Two or More Common Walls
  • Property is in excellent condition

HOA Fees

  • $516 Monthly HOA Fees

Parking

  • Assigned parking located at #52
  • Basement Garage
  • Parking Space Conveys
  • 1 Assigned Parking Space

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • 692 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling Fan
  • Double Pane Windows
  • Window Treatments
  • Atrium Windows
  • Sliding Doors
  • Dining Area

Kitchen

  • Gourmet Kitchen
  • Butlers Pantry
  • Gas Oven or Range
  • <<builtInMicrowave>>
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Wine Rack
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Accessible Home Design

  • Accessible Elevator Installed
  • Halls are 36 inches wide or more
  • Doors are 32 inches wide or more
  • Ramp on the main level

Eco-Friendly Details

  • Energy-Efficient Windows

Schools

  • Walker-Jones Education Campus Elementary School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • Tax Lot 31
  • Assessor Parcel Number 0528//0031

Community Details

Overview

  • Association fees include insurance, management, parking fee, reserve funds, sewer, snow removal, trash, water, high speed internet
  • High-Rise Condominium
  • Madrigal Lofts Condos
  • Mount Vernon Subdivision
  • Property Manager

Amenities

  • 3 Elevators

Recreation

Pet Policy

  • Limit on the number of pets

Security

  • 24-Hour Security
  • Front Desk in Lobby
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,210

Year Built

Built in 2007

Lot Details

0

HOA Fees

$516 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Contemporary
  • Accessibility Features: 36"+ Wide Halls, 32"+ Wide Doors, Elevator, Ramp - Main Level
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2007
  • Assigned Parking Space Numbers: 52
  • Automatically Close On Close Date: No
  • Remarks Public: SCHEDULE YOUR PRIVATE (SAFE) APPOINTMENT HERE: Bit.ly/811-FOURTH-NW-OPEN . 5,000K BUYER CREDIT AT CLOSING FOR AN ACCEPTABLE CONTRACT RATIFIED ON OR BEFORE AUGUST 12TH!!! Madrigal Lofts stands 12 stories tall on a pristine downtown corner, just a 4-block stroll in any direction to the best of the City: Union Station, the heart of Chinatown/Gallery Place, or shopping at CityCenterDC. Three METRO stations, National galleries and museums, 50+ shops, and countless cafes and restaurants all at your doorstep! Apartment 507 welcomes you home with smart central hall and enticing view straight through the main space to your stunning glass wall overlooking the City! The beauty of LOFT living -- soaring ceilings, exposed modern mechanicals, and open flow to live/dine/cook/entertain. Up three steps to the bedroom a retreat that is private while still capturing the airy flow from the whole space. Endless conveniences - 24 hr security, roof deck, fitness room, storage for purchase. BONUS - personal garage PARKING SPACE INCLUDED! Start your tour today at bit.ly/811-FOURTH-NW-3D
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Icemaker, Microwave, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Entry Floor: 5
  • Flooring Type: Hardwood, Ceramic Tile
  • Interior Amenities: Butlers Pantry, Ceiling Fan(s), Dining Area, Floor Plan - Open, Kitchen - Gourmet, Wine Storage, Wood Floors, Window Treatments
  • Window Features: Atrium, Double Pane, Energy Efficient
  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Door Features: Sliding Glass
  • Elevators Count: 3
  • Wall Ceiling Types: Dry Wall, Masonry
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 692
  • Living Area Sq Ft: 692
  • Price Per Sq Ft: 706.65
  • Above Grade Finished Sq Ft: 692
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 811

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: Concrete, Brick, Glass
  • Roof: Rubber
  • Spa: No
  • 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, Parking Space Conveys
  • Garage Features: Basement Garage
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Electric
  • Heating Type: Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Security: Desk In Lobby, Sprinkler System - Indoor, Main Entrance Lock, 24 Hour Security
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 516.42
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Madrigal Lofts
  • HOA Condo Co-Op Amenities: Elevator, Fitness Center, Security
  • HOA Condo Co-Op Fee Includes: Insurance, Management, Parking Fee, Reserve Funds, Sewer, Snow Removal, Trash, Water, High Speed Internet
  • HOA: No
  • Senior Community: No

Schools

  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • Elementary School: WALKER-JONES EDUCATION CAMPUS
  • Elementary School Source: Listing Agent
  • School District Key: 121140357950
  • School District Source: Listing Agent
  • Elementary School: WALKER-JONES EDUCATION CAMPUS

Lot Info

  • Horses: No
  • Property Condition: Excellent
  • Soil Types: Urban Land-Sassafras-Chillum
  • Year Assessed: 2021
  • Zoning: RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Lease Considered: No
  • Pets: Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes
  • Rent Spree Online Application: No

Tax Info

  • Tax Annual Amount: 3210.00
  • Assessor Parcel Number: 0528//0031
  • Tax Lot: 31
  • Tax Year: 2021
  • Close Date: 10/08/2020

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2020
Closed on
Oct 8, 2020
Sold by
Vianello Julie A
Bought by
Mancini Paul and Mancini Toni
Seller's Agent
Joel Nelson
Keller Williams Capital Properties
Buyer's Agent
Andrew Riguzzi
Compass
List Price
$489,000
Sold Price
$482,500
Premium/Discount to List
-$6,500
-1.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.95%
Original Mortgage
$458,375
Outstanding Balance
$409,539
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$51,572
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $482,500 Natl Capital Title & Escrow
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $458,375 New Conventional
Previous Owner $277,300 New Conventional
Previous Owner $282,750 Commercial
Previous Owner $55,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2025 07/15/25 For Sale $474,900 -1.6% $678 / Sq Ft
10/08/2020 10/08/20 Sold $482,500 -1.3% $697 / Sq Ft
06/26/2020 06/26/20 For Sale $489,000 -- $707 / 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
2024 $3,887 $472,420 $141,730 $330,690
2023 $3,853 $468,040 $140,410 $327,630
2022 $3,174 $465,820 $139,750 $326,070
2021 $3,091 $453,300 $135,990 $317,310
2020 $3,153 $446,660 $134,000 $312,660
2019 $3,114 $441,210 $132,360 $308,850
2018 $3,112 $439,490 $0 $0
2017 $3,096 $436,690 $0 $0
2016 $2,985 $422,870 $0 $0
2015 $2,731 $412,320 $0 $0
2014 $2,493 $363,490 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC474582

Bright MLS

APN: 0528-2165