NOT LISTED FOR SALE

Estimated Value: $360,756 - $416,000

1 Bed
1 Bath
508 Sq Ft
2006 Built

Last Sold December 21, 2016

Last sale price $400,000 $787 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,250/month

Highlights

  • Concierge
  • Fitness Center
  • Contemporary Architecture
  • Thomson Elementary School Rated A-
  • Gourmet Kitchen
  • Wood Flooring

About This Home

As of July 2024

Cozy 1 Bedroom / 1 Bathroom Apartment in Penn Quarter! Walk into a spacious living room with laminate wood flooring and multiple windows that provide amazing natural lighting. Quick access to the balcony next to the living room. The galley style kitchen is updated with stainless steel appliances, amazing cabinet space, and granite countertops including a breakfast bar! The bedroom features wall-to-wall carpeting and great natural lighting. A full bathroom offers tiled flooring, a nice vanity sink and a shower/tub combo!

Within walking distance to local shops and eateries around the Downtown area!

Within walking distance to various museums like the Smithsonian National Museum of Natural History!

Pets welcome with additional deposit.

Property could be subject to Move In/Move Out Fees. Please contact the Leasing Agent for more information.

Application Qualifications: Minimum monthly income 3 times the tenant’s portion of the monthly rent, acceptable rental history, credit history and criminal history consistent with District of Columbia law. More specific information provided with the application. Bay Property Management Group will not refuse to rent a rental unit to a person because the person will provide the rental payment, in whole or in part, through a voucher for rental housing assistance provided by the District or Federal Government.

All Bay Management Group residents are automatically enrolled in the Resident Benefits Package (RBP) for $39.95/month, which includes renters insurance, $1M Identity Protection, HVAC air filter delivery (for applicable properties), move-in concierge service making utility connection and home service setup a breeze during your move-in, our best-in-class resident rewards program, and much more! The Resident Benefits Package is a voluntary program and may be terminated at any time, for any reason, upon thirty (30) days’ written notice. Tenants that do not upload their own renters insurance to the Tenant portal 5 days prior to move in will be automatically included in the RBP and the renters insurance program. More details upon application.

Last Agent to Rent the Property

Michael MacKay

(240) 778-3264 bmgrentals@baymgmtgroup.com Bay Property Management Group Listed on: 07/08/2024

Last Renter's Agent

Michael MacKay

(240) 778-3264 bmgrentals@baymgmtgroup.com Bay Property Management Group Listed on: 07/08/2024

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 2006

Parking

  • On-Street Parking

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Brick Exterior Construction

Interior Spaces

  • 508 Sq Ft Home
  • Property has 1 Level
  • Efficiency Studio
  • Wood Flooring

Kitchen

  • Gourmet Kitchen
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Water Heater

Listing and Financial Details

  • Residential Lease
  • Security Deposit $2,200
  • No Smoking Allowed
  • 12-Month Min and 24-Month Max Lease Term
  • Available 7/21/24
  • Assessor Parcel Number 0377//2105

Community Details

Overview

  • No Home Owners Association
  • Association Recreation Fee YN
  • Association fees include common area maintenance, insurance, management, sewer, water
  • $40 Other Monthly Fees
  • High-Rise Condominium
  • Central Community
  • Central Subdivision

Amenities

  • Concierge
  • Party Room

Recreation

  • Fitness Center

Pet Policy

  • No Pets Allowed

Security

  • Security Service

Condo Details

Home Type

Condominium

Year Built

Built in 2006

Lot Details

0

Rental Info

  • Date Available: 2024-07-21
  • Pets Allowed: No
  • Security Deposit: 2200.00
  • Smoking Allowed Yn: No
  • Vacation Rental: No
  • Max Lease in Months: 24
  • Min Lease in Months: 12
  • Rent Spree Online Application: No

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Contemporary
  • New Construction: No
  • Story List: Main
  • Year Built: 2006
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Oven/Range - Gas, Refrigerator, Washer
  • Entry Floor: 1
  • Interior Amenities: Efficiency, Kitchen - Gourmet, Upgraded Countertops, Wood Floors
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 508
  • Living Area Sq Ft: 508
  • Price Per Sq Ft: 4.33
  • Above Grade Finished Sq Ft: 508
  • 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
  • Spa: 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: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Concierge, Exercise Room, Party Room, Security
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Insurance, Management, Sewer, Water
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: Yes

Fee Information

  • Other Fees: 39.95
  • Other Fees Frequency: Monthly

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Units: Square Feet
  • Lot Sq Ft: 70.00

Tax Info

  • Assessor Parcel Number: 0377//2105

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2016
Closed on
Dec 19, 2016
Sold by
The Tyler Clayton Ormsby Revocable Livin
Bought by
Suarez Ronald Eduardo Gomez
Seller's Agent
Bryan Cantio
RE/MAX Allegiance
Buyer's Agent
Arturo Cruz
EXP Realty, LLC
List Price
$400,000
Sold Price
$400,000
Current Estimated Value
$387,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,061
Avg. Annual Appreciation
-0.34%
Original Mortgage
$350,000
Outstanding Balance
$285,502
Interest Rate
3.94%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$102,437

Purchase Details

Closed on
Nov 12, 2010
Sold by
Whang Okhie
Bought by
Ormsby Tyler

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,250
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 6, 2006
Sold by
Jbg-E St Resid'L
Bought by
Whang Okhie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,410
Interest Rate
6.4%
Mortgage Type
New Conventional
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
Suarez Ronald Eduardo Gomez $400,000 Peak Settlements Llc
Ormsby Tyler $315,000 --
Whang Okhie $324,905 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Suarez Ronald Eduardo Gomez $350,000
Previous Owner Ormsby Tyler $236,250
Previous Owner Whang Okhie $292,410
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/10/2024 07/10/24 Rented $2,100 -4.5% --
07/08/2024 07/08/24 For Rent $2,200 +10.3% --
06/30/2022 06/30/22 Rented $1,995 0.0% --
06/14/2022 06/14/22 Under Contract -- -- --
04/18/2022 04/18/22 Price Changed $1,995 -13.3% $4 / Sq Ft
02/25/2022 02/25/22 For Rent $2,300 0.0% --
12/21/2016 12/21/16 Sold $400,000 0.0% $597 / Sq Ft View Prior Sale
11/22/2016 11/22/16 Pending -- -- --
11/10/2016 11/10/16 For Sale $400,000 -- $597 / 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 $2,508 $400,610 $120,180 $280,430
2024 $2,548 $402,030 $120,610 $281,420
2023 $2,587 $403,000 $120,900 $282,100
2022 $2,723 $412,810 $123,840 $288,970
2021 $2,694 $406,530 $121,960 $284,570
2020 $2,802 $405,380 $121,610 $283,770
2019 $2,682 $390,350 $117,100 $273,250
2018 $2,695 $390,450 $0 $0
2017 $2,725 $393,020 $0 $0
2016 $3,199 $376,370 $0 $0
2015 $3,136 $368,990 $0 $0
2014 -- $334,770 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC2149348

Bright MLS

APN: 0377-2103