NOT LISTED FOR SALE

812 Otis Place NW Unit 2 Washington, DC 20010

Park View Neighborhood

Estimated Value: $330,000 - $369,000

1 Bed
1 Bath
622 Sq Ft
$266/mo HOA Fee

Last Sold November 25, 2013

Last sale price $289,900 $466 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,327/month

3 Days on Market

Highlights

  • Built in 2013
  • 4-minute walk to Georgia Ave-Petworth
  • Property is in very good condition
  • Art Deco Architecture
  • Kitchen Island
  • 4-minute walk to Park View Recreation Center

About This Home

As of November 2013

The Brand New Redding Flats are in the heart of the thriving Columbia Heights & Petworth neighborhoods, which offer abundant amenities, just minutes from new Safeway, DC USA retail, Giant, the 11th St. hip strip , & the Petworth/Georgia Ave Metro Station. Stunning finishes inc Gas Cooking, Hardwood Floors, SS appliances, Silestone Counters, Elfa Closets, Sweeping City Views, FHA & 100% Financing.

Last Agent to Sell the Property

Steve Swank

(202) 841-7965 steve.swank@compass.com McWilliams/Ballard, Inc. License #0225239606 Listed on: 10/15/2013

McWilliams/Ballard, Inc.

Last Buyer's Agent

Adam Isaacson

(301) 775-0900 aisaacson@ttrsir.com TTR Sotheby's International Realty License #SP98369851

TTR Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,986

Year Built

  • Built in 2013

Lot Details

  • 610

HOA Fees

  • $266 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • 622 Sq Ft Home
  • Art Deco Architecture
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Kitchen Island
  • Property is in very good condition

Community Details

Overview

  • Association fees include exterior building maintenance, gas, lawn maintenance, management, insurance, reserve funds, water
  • 23 Units
  • Low-Rise Condominium
  • The Redding Community
  • Columbia Heights Subdivision

Amenities

  • Common Area

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,986

Year Built

Built in 2013

Lot Details

0

HOA Fees

$266 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Art Deco
  • Ownership: Condominium
  • Historic: No
  • New Construction: Yes
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 2013
  • Year Renovated: 2013
  • Special Features: NewHome
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Kitchen - Island, Flat
  • Fireplace: No
  • Entry Location: Floors 2-5
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 622
  • Living Area Sq Ft: 622
  • Price Per Sq Ft: 466.08
  • Above Grade Finished Sq Ft: 622
  • 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
  • Construction Materials: Brick
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

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

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 266.02
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Gas, Lawn Maintenance, Management, Insurance, Reserve Funds, Water
  • HOA: Yes

Lot Info

  • Property Condition: Very Good
  • Soil Types: Unknown

Rental Info

  • Vacation Rental: No

Multi Family

  • Metering: Electric Separate

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2013
Closed on
Nov 20, 2013
Sold by
Otis Flats Ii Llc
Bought by
Paquette Ian
Seller's Agent
Steve Swank
McWilliams/Ballard, Inc.
Buyer's Agent
Adam Isaacson
TTR Sotheby's International Realty
List Price
$289,900
Sold Price
$289,900
Current Estimated Value
$344,261

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,361
Avg. Annual Appreciation
1.44%
Original Mortgage
$281,203
Outstanding Balance
$208,312
Interest Rate
4.14%
Mortgage Type
New Conventional
Estimated Equity
$135,949
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
Paquette Ian $289,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paquette Ian $281,203
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/25/2013 11/25/13 Sold $289,900 0.0% $466 / Sq Ft
10/21/2013 10/21/13 Off Market $289,900 -- --
10/18/2013 10/18/13 Pending -- -- --
10/17/2013 10/17/13 Pending -- -- --
10/15/2013 10/15/13 For Sale $289,900 -- $466 / 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 $2,986 $366,890 $110,070 $256,820
2024 $3,032 $371,890 $111,570 $260,320
2023 $3,018 $369,780 $110,930 $258,850
2022 $2,329 $366,420 $109,930 $256,490
2021 $2,337 $364,610 $109,380 $255,230
2020 $2,359 $353,240 $105,970 $247,270
2019 $2,296 $344,980 $103,490 $241,490
2018 $2,270 $340,410 $0 $0
2017 $2,148 $329,180 $0 $0
2016 $1,959 $311,360 $0 $0
2015 $1,783 $281,200 $0 $0
2014 $1,794 $281,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003745376

Bright MLS

APN: 2895-2029