Seller's Agent in 2023
John Young
RE/MAX
(301) 732-5867
1 in this area
145 Total Sales
Peninsula 88 88 V St SW Unit 401 Washington, DC 20003
Southwest DC NeighborhoodEstimated Value: $933,000
2
Beds
2.5
Baths
1,356
Sq Ft
$1,139/mo
HOA Fee
Highlights
- Concierge
- New Construction
- Gourmet Kitchen
- 24-Hour Security
- Water Oriented
- River View
About This Home
As of May 2023Amazing 4th floor corner unit in Peninsula 88 with walk-out balcony and river views overlooking the Frederick Douglass Bridge and the intersection of the Potomac and Anacostia Rivers. Located at the tip of Buzzard Point on the Southwest waterfront with only 150 feet between the building and water's edge. The unit has an open, modern feel with top quality contemporary finishes including luxury engineered wide plank wood flooring, quartz countertops, 10' ceilings, floor to ceiling windows and large living spaces. The sweeping waterfront views will make you forget how close you are to the city--especially when you can relax or dine on the private corner balcony off the kitchen. Building amenities include a top floor community/party room and sky terrace with scenic river views, 2 firepits, 3 dining pergolas, gas grills and outdoor lounge furnishings. Building has common area Wi-Fi, 24 hour monitoring, bike and kayak storage, a heated pet spa, dry cleaning service, refrigerated storage for food deliveries, 2 electric car charging stations, a car wash area and an on-site building manager with remote concierge services. Peninsula 88 is a LEED Silver certified building and won the 2021 Best Washington/Baltimore High-Rise Condominium Community award from Delta Associates. Come see the best that the Southwest waterfront has to offer!
Last Buyer's Agent
Andre Margutti
Redfin Corp License #630206
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $9,175
Year Built
- Built in 2020 | New Construction
Lot Details
- Property borders a national or state park
- 1 Common Wall
- Property is in excellent condition
HOA Fees
- $1,139 Monthly HOA Fees
Parking
- 1 Subterranean Space
- Assigned parking located at #113
Property Views
- Scenic Vista
Home Design
- Contemporary Architecture
- Concrete Roof
Interior Spaces
- 1,356 Sq Ft Home
- Property has 1 Level
- Open Floorplan
- Ceiling height of 9 feet or more
- Engineered Wood Flooring
Kitchen
- Gourmet Kitchen
- Gas Oven or Range
- Built-In Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
Laundry
- Laundry in unit
- Stacked Washer and Dryer
Home Security
- Monitored
- Exterior Cameras
Accessible Home Design
- Accessible Elevator Installed
- Ramp on the main level
Eco-Friendly Details
- Energy-Efficient Appliances
Outdoor Features
- Water Oriented
- River Nearby
Utilities
- Heating Available
- Cable TV Available
Listing and Financial Details
- Tax Lot 2038
- Assessor Parcel Number 0667/S/2038
Community Details
Overview
- Association fees include common area maintenance, exterior building maintenance, insurance, lawn maintenance, management, reserve funds, snow removal, trash, custodial services maintenance, gas, sewer
- High-Rise Condominium
- Peninsula 88 Condos
- Old City #1 Community
- Peninsula 88 Subdivision
- Property Manager
- Property is near a preserve or public land
Amenities
- Concierge
- Party Room
- 2 Elevators
Pet Policy
- Limit on the number of pets
Security
- 24-Hour Security
- Fire and Smoke Detector
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 9, 2023
Closed on
May 4, 2023
Sold by
Benner Douglas L and Miller Marye B
Bought by
Kavi Ashok J and Kavi Snehal A
Seller's Agent
John Young
RE/MAX Excellence Realty
Buyer's Agent
Andre Margutti
Redfin Corp
List Price
$1,349,000
Sold Price
$1,276,000
Premium/Discount to List
-$73,000
-5.41%
Views
22
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$343,000
Avg. Annual Appreciation
5.88%
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kavi Ashok J | $88,000,000 | Capitol Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Benner Douglas L | $300,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/05/2023 05/05/23 | Sold | $1,276,000 | -5.4% | $941 / Sq Ft |
| 02/09/2023 02/09/23 | For Sale | $1,349,000 | -- | $995 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $9,163 | $1,093,180 | $327,950 | $765,230 |
| 2023 | $9,167 | $1,093,180 | $327,950 | $765,230 |
| 2022 | $9,175 | $1,093,180 | $327,950 | $765,230 |
| 2021 | $8,415 | $1,003,310 | $300,990 | $702,320 |
| 2020 | $4,264 | $1,003,310 | $300,990 | $702,320 |
Source: Public Records
Agents Affiliated with this Home
-
-
A
Buyer's Agent in 2023
Andre Margutti
Redfin Corp
About Peninsula 88
Map
Source: Bright MLS
MLS Number: DCDC2082858
APN: 0667S-2038
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