NOT LISTED FOR SALE

Estimated Value: $439,000 - $497,000

1 Bed
1 Bath
727 Sq Ft
$583/mo HOA Fee

Last Sold May 23, 2023

Last sale price $500,000 $688 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $3,243/month

10 Days on Market

Highlights

  • Concierge
  • Contemporary Architecture
  • Breakfast Area or Nook
  • Open Floorplan
  • Wood Flooring
  • 4-minute walk to William Erasmus Wainwright Park

About This Home

As of May 2023

CHIC & STYLISH CONDO IN THE HEART OF DC! You'll absolutely love this bright and open condo located in the popular Madrigal Lofts condominium. Unit #708 has been recently updated with fresh paint and new modern light fixtures throughout. The living room features floor-to-ceiling windows that flood the unit with beautiful natural light and city views. There's also an area for dining that is conveniently located next to the open kitchen that features granite counters, stainless appliances, ample cabinet space, and new backsplash! Sit back and relax in the spacious lofted bedroom with a huge closet and nice light. The bathroom features a large granite vanity, new lighting, and stylish tile in the shower. Enjoy the comfort of having a W/D in your unit and extra storage space too. RESERVED GARAGE PARKING SPACE is available separately for $30,000 ! The Madrigal Lofts has top-of-the-line amenities including a 24-hr front desk, community rooftop deck with grills and stellar city views, and on-site fitness center. Take advantage of the prime location - within minutes to multiple Metro stations, Capital One arena, several grocery stores, retail shops, and some of the city's most popular restaurants including Jose Andres' Zaytinya, Founding Farmers and Distillers, and DAIKAYA.

Last Agent to Sell the Property

David Bediz

(202) 352-8456 info@bediz.com RLAH @properties License #0225083068 Listed on: 04/27/2023

RLAH @properties

Last Buyer's Agent

E. L. Bush

(703) 505-9583 elbush@compass.com Compass

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,842

Year Built

  • Built in 2007

Lot Details

  • 87

HOA Fees

  • $583 Monthly HOA Fees

Parking

  • 1 Subterranean Space
  • Assigned parking located at #C217
  • Lighted Parking
  • Garage Door Opener
  • Parking Space Conveys
  • Secure Parking

Home Design

  • Contemporary Architecture
  • Entry on the 7th floor
  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 727 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling height of 9 feet or more
  • Double Pane Windows
  • Sliding Windows
  • Living Room

Kitchen

  • Breakfast Area or Nook
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Schools

  • Dunbar Senior High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • Outdoor Grill
  • Property is in excellent condition
  • Urban Location

Listing and Financial Details

  • Tax Lot 2210
  • Assessor Parcel Number 0528//2210

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, lawn maintenance, management, parking fee, snow removal, trash, water
  • High-Rise Condominium
  • Madrigal Lofts Condos
  • Madrigal Lofts Community
  • Noma Subdivision
  • Property Manager

Amenities

  • Concierge
  • 3 Elevators

Pet Policy

  • Dogs and Cats Allowed

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,842

Year Built

Built in 2007

Lot Details

0

HOA Fees

$583 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: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 4/27/2023 12:00:00 AM
  • Federal Flood Zone: No
  • Year Built: 2007
  • Assigned Parking Space Numbers: C217
  • Automatically Close On Close Date: Yes
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Microwave, Water Heater, Washer
  • Entry Floor: 7
  • Flooring Type: Ceramic Tile, Hardwood
  • Interior Amenities: Breakfast Area, Carpet, Combination Kitchen/Dining, Combination Kitchen/Living, Floor Plan - Open, Pantry, Wood Floors
  • Window Features: Double Pane, Sliding
  • Fireplace: No
  • Elevators Count: 3
  • Wall Ceiling Types: 9'+ Ceilings
  • Levels Count: 1
  • Room List: Living Room, Kitchen, Primary Bathroom
  • Basement: No
  • Laundry Type: Dryer In Unit, Has Laundry, Washer In Unit
  • Total Sq Ft: 727
  • Living Area Sq Ft: 727
  • Price Per Sq Ft: 646.35
  • Above Grade Finished Sq Ft: 727
  • 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
  • Exterior Features: Bbq Grill
  • Roof: Flat
  • 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, Lighted Parking, Secure Parking, Parking Space Conveys, Private
  • Garage Features: Garage Door Opener, Inside Access, Underground
  • 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
  • Heating Fuel: Electric
  • Heating Type: Central
  • 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: 583.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Madrigal Lofts
  • HOA Condo Co-Op Amenities: Concierge, Elevator, Security
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Management, Parking Fee, Snow Removal, Trash, Water
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent
  • High School: DUNBAR SENIOR

Lot Info

  • Additional Parcels: No
  • Property Condition: Excellent
  • Soil Types: Urban Land-Sassafras-Chillum
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Tax Annual Amount: 3842.00
  • Assessor Parcel Number: 0528//2210
  • Tax Lot: 2210
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2023
Closed on
May 19, 2023
Sold by
Strategix Properties Llc
Bought by
Bush Ahmed E
Seller's Agent
David Bediz
RLAH @properties
Buyer's Agent
E. L. Bush
Compass
List Price
$469,900
Sold Price
$500,000
Premium/Discount to List
$30,100
6.41%
Views
24
Current Estimated Value
$452,292

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$47,708
Avg. Annual Appreciation
-3.02%
Original Mortgage
$475,000
Outstanding Balance
$460,981
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
-$99

Purchase Details

Listed on
Sep 9, 2022
Closed on
Dec 28, 2022
Sold by
Gamm Marian A
Bought by
Strategix Properties Llc
Seller's Agent
Felicia Brewster
Compass
Buyer's Agent
Sheena Saydam
Keller Williams Capital Properties
List Price
$459,900
Sold Price
$450,000
Premium/Discount to List
-$9,900
-2.15%
Views
5

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.13%
Source: Public Records
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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
Bush Ahmed E $500,000 Universal Title
Strategix Properties Llc $450,000 Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bush Ahmed E $475,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/23/2023 05/23/23 Sold $500,000 +6.4% $688 / Sq Ft
04/27/2023 04/27/23 For Sale $469,900 +4.4% $646 / Sq Ft
12/29/2022 12/29/22 Sold $450,000 -2.2% $619 / Sq Ft View Prior Sale
12/17/2022 12/17/22 For Sale $459,900 +2.2% $633 / Sq Ft
12/15/2022 12/15/22 Pending -- -- --
12/11/2022 12/11/22 Off Market $450,000 -- --
09/09/2022 09/09/22 For Sale $459,900 -- $633 / 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 $3,827 $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

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Map

Source: Bright MLS

MLS Number: DCDC2092954

Bright MLS

APN: 0528-2210