NOT LISTED FOR SALE

Estimated Value: $607,000

1 Bed
1.5 Baths
704 Sq Ft
$590/mo HOA Fee

Last Sold January 28, 2022

Last sale price $570,000 $810 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,393/month

29 Days on Market

Highlights

  • Concierge
  • New Construction
  • Gourmet Kitchen
  • 24-Hour Security
  • Water Oriented
  • River View

About This Home

As of January 2022

NEW WATERFRONT CONSTRUCTION! IMMEDIATE MOVE-IN! PENINSULA 88 just won the 2021 Best Washington/Baltimore High-Rise Condominium Community award from industry leader Delta Associates 25th Annual Multifamily Awards.
Nestled on the tip of Buzzard Point with only 100 feet of National Parkland between the building and the water s edge, Peninsula 88's spa inspired finishes and breathtaking unobstructed waterfront views are among the most unique in all of Washington DC. Homes include sleek quartz countertops, under cabinet lighting, 6.25" wide plank wood flooring, 9' ceilings, walk-in closets, infinity showers, floor to ceiling windows with river and capitol views. Underground parking available for sale with every home and extra storage available for purchase with many. Amenities include a top floor Community Room and Sky Terrace with 2 cozy fire pits, dining pergolas, grills, and sweeping views of the Anacostia and Potomac rivers, onsite Building Manager & remote Concierge Services, common area Wi-Fi, 24hr security camera monitoring, Luxor package room system, dry cleaning service, refrigerated storage for food deliveries, 2 electric car charging stations, dog wash area, car wash area, and bike and kayak storage. LEED Silver building. *Unit renderings in this listing are an assortment and may not be specific to this unit* OVER 85% SOLD!

Last Listed By

Mark Duer

Better Homes and Gardens Real Estate Premier License #SP98374683 Listed on: 12/02/2021

Better Homes and Gardens Real Estate Premier

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,232

Year Built

  • Built in 2020 | New Construction

Lot Details

  • Property borders a national or state park
  • North Facing Home
  • Property is in excellent condition

HOA Fees

  • $590 Monthly HOA Fees

Property Views

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Concrete Roof

Interior Spaces

  • 704 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling height of 9 feet or more
  • Basement

Kitchen

  • Gourmet Kitchen
  • Gas Oven or Range
  • Built-In Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom

Laundry

  • Laundry in unit
  • Front Loading Dryer
  • Front Loading Washer

Home Security

  • Monitored
  • Exterior Cameras

Parking

  • Private Parking
  • Lighted Parking
  • On-Site Parking for Sale
  • Parking Fee
  • 1 Assigned Parking Space
  • Secure Parking

Outdoor Features

  • Water Oriented
  • River Nearby

Utilities

  • Heating Available
  • Cable TV Available

Additional Features

  • Accessible Elevator Installed
  • Energy-Efficient Appliances
  • Flood Risk

Listing and Financial Details

  • Tax Lot 2091
  • Assessor Parcel Number 0667/S/2091

Community Details

Overview

  • $1,180 Capital Contribution Fee
  • Association fees include common area maintenance, custodial services maintenance, exterior building maintenance, gas, insurance, management, sewer, snow removal, trash, lawn maintenance
  • High-Rise Condominium
  • Built by Capital City Real Estate
  • Old City I Community
  • Capitol Gateway Subdivision
  • Property Manager

Amenities

  • Concierge
  • Party Room
  • 2 Elevators

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,232

Year Built

Built in 2020 | New Construction

Lot Details

0

HOA Fees

$590 per month

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
  • Historic: No
  • Home Warranty: No
  • New Construction: Yes
  • Story List: Main
  • Federal Flood Zone: Yes
  • Year Built: 2020
  • Automatically Close On Close Date: No
  • Remarks Public: NEW WATERFRONT CONSTRUCTION! IMMEDIATE MOVE-IN! PENINSULA 88 just won the 2021 Best Washington/Baltimore High-Rise Condominium Community award from industry leader Delta Associates 25th Annual Multifamily Awards. Nestled on the tip of Buzzard Point with only 100 feet of National Parkland between the building and the water s edge, Peninsula 88's spa inspired finishes and breathtaking unobstructed waterfront views are among the most unique in all of Washington DC. Homes include sleek quartz countertops, under cabinet lighting, 6.25" wide plank wood flooring, 9' ceilings, walk-in closets, infinity showers, floor to ceiling windows with river and capitol views. Underground parking available for sale with every home and extra storage available for purchase with many. Amenities include a top floor Community Room and Sky Terrace with 2 cozy fire pits, dining pergolas, grills, and sweeping views of the Anacostia and Potomac rivers, onsite Building Manager & remote Concierge Services, common area Wi-Fi, 24hr security camera monitoring, Luxor package room system, dry cleaning service, refrigerated storage for food deliveries, 2 electric car charging stations, dog wash area, car wash area, and bike and kayak storage. LEED Silver building. *Unit renderings in this listing are an assortment and may not be specific to this unit* OVER 85% SOLD!
  • Washer Dryer Hookups YN: Yes
  • Special Features: NewHome
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Front Loading, Energy Efficient Appliances, Oven/Range - Gas, Washer - Front Loading, Refrigerator, Freezer
  • Entry Floor: 5
  • Flooring Type: Ceramic Tile, Wood
  • Interior Amenities: Floor Plan - Open, Kitchen - Gourmet, Wood Floors
  • Fireplace: No
  • Elevators Count: 2
  • Wall Ceiling Types: 9'+ Ceilings
  • Levels Count: 1
  • Basement: Yes
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 704
  • Living Area Sq Ft: 704
  • Price Per Sq Ft: 809.66
  • Above Grade Finished Sq Ft: 704
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 88

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Concrete, Brick
  • Construction Completed: No
  • Roof: Concrete
  • Spa: No
  • View: City, River, Street, Water
  • Water Access: No
  • Water Body Name: Anacostia
  • Water Body Type: River
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned, Electric Vehicle Charging Station(s), Lighted Parking, Limited Common Elements, On-Site - Sale, Parking Fee, Private, Secure Parking

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Electric Service: Circuit Breakers
  • Heating Fuel: Electric
  • Heating: Yes
  • Security: 24 Hour Security, Exterior Cameras, Fire Detection System, Security System, Smoke Detector, Sprinkler System - Indoor, Monitored, Main Entrance Lock
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public
  • Municipal Trash: No
  • Internet Services: DSL

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 590.09
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Concierge, Elevator, Security, Party Room
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Custodial Services Maintenance, Ext Bldg Maint, Gas, Insurance, Management, Sewer, Snow Removal, Trash, Lawn Maintenance
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Capital Contribution Fee: 1180.19

Schools

  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • School District Key: 121140357950
  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Improvement Assessed Value: 367680.00
  • Land Assessed Value: 157580.00
  • Property Condition: Excellent
  • Soil Types: Urban Land Not Rated
  • Year Assessed: 2020
  • Zoning: CG5
  • In City Limits: Yes

Green Features

  • Clean Green Assessed: No

Building Info

  • Builder Name: Capital City Real Estate

Rental Info

  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 24598642
  • Tax Annual Amount: 2232.00
  • Assessor Parcel Number: 0667/S/2091
  • Tax Lot: 2091
  • Tax Year: 2020
  • Close Date: 01/28/2022

Multi Family

  • Federal Flood Zone: A

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2021
Closed on
Jan 28, 2022
Sold by
V Street Sw Llc
Bought by
Marszalek Melissa A and Marszalek Leonard P
Seller's Agent
Mark Duer
Better Homes and Gardens Real Estate Premier
Buyer's Agent
Mark Duer
Better Homes and Gardens Real Estate Premier
List Price
$570,000
Sold Price
$570,000
Total Days on Market
29
Current Estimated Value
$607,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,000
Avg. Annual Appreciation
2.16%
Original Mortgage
$480,000
Outstanding Balance
$456,307
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$155,693

Range of Values:

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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
Marszalek Melissa A $600,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marszalek Melissa A $480,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2022 01/28/22 Sold $570,000 0.0% $810 / Sq Ft
12/31/2021 12/31/21 Pending -- -- --
12/02/2021 12/02/21 For Sale $570,000 -- $810 / 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 $4,869 $588,000 $176,400 $411,600
2023 $4,873 $588,000 $176,400 $411,600
2022 $4,348 $525,260 $202,060 $323,200
2021 $4,352 $525,260 $157,580 $367,680
2020 $2,232 $525,260 $157,580 $367,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC2023292

Bright MLS

APN: 0667S-2091