NOT LISTED FOR SALE

Estimated Value: $637,000 - $742,000

2 Beds
2 Baths
1,119 Sq Ft
$823/mo HOA Fee

Last Sold July 24, 2023

Last sale price $735,000 $657 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $5,246/month

45 Days on Market

Highlights

  • Concierge
  • 3-minute walk to Metro Center
  • Open Floorplan
  • Thomson Elementary School Rated A-
  • City View
  • 5-minute walk to The Park at CityCenter

About This Home

As of July 2023

Welcome to Mather Studios - Featuring an Impressive 10-story, Gothic Revival Historic Facade - One of the few Authentic Industrial Lofts in Washington. Conceived with Quality and Style - a DC Landmark as Seen on House of Cards. Modern and Open, with Original Exposed Brick Walls, Finely Honed Concrete floors, Exposed Structural Beams, and Oversized Windows. Dramatic and Sophisticated. Soaring Ten Foot Ceilings Enhance the Spaciousness of this Two Bedroom, Two Bath Corner Apartment. Fabulous Open Gourmet Kitchen with Island, Stone Countertops, High End Stainless Steel Appliances and Abundant Cabinet Space. Completely Welcoming, Airy and Comfortable. Large Bedrooms and Modern Baths. Primary Bedroom with Ensuite Bath and Three Closets. Daytime Concierge. Washer and Dryer in Unit. Located in an Unparalleled Location in the Heart of Vibrant Penn Quarter, Less than One Block to Metro Center AND Gallery Place Metro Stations! Short Walk to Celebrated Restaurants, Galleries, City Center, Verizon Center, Theatres, Shops, Museums, Parks, Monuments. Built in 1917, this Gothic-Revival Terra Cotta Building has Maintained its Historic Façade but Undertaken a Complete Transformation over the Years - and is Now one of Washington's Most Inspired Loft Homes. Pet Friendly. Seller will pay for one year parking spot rental in the building if available or in a nearby parking garage.

Last Agent to Sell the Property

Judy Cranford

Cranford & Associates License #BR13262 Listed on: 05/11/2023

Last Buyer's Agent

Anne Richardson

Compass License #SP98378155

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,650

Year Built

  • Built in 2002

Lot Details

  • 174

HOA Fees

  • $823 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,119 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Concrete Flooring
  • City Views

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Accessible Home Design

  • Accessible Elevator Installed

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 2017
  • Assessor Parcel Number 0376//2017

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, lawn maintenance, management, reserve funds, sewer, snow removal, trash, water
  • Mid-Rise Condominium
  • Mather Studios Condos
  • Central Community
  • Penn Quarter Subdivision
  • Property Manager

Pet Policy

  • Dogs and Cats Allowed

Additional Features

  • Concierge
  • Front Desk in Lobby

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,650

Year Built

Built in 2002

Lot Details

0

HOA Fees

$823 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Loft, Contemporary
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 2002
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Refrigerator, Stove, Washer
  • Entry Floor: 4
  • Flooring Type: Concrete
  • Interior Amenities: Floor Plan - Open, Kitchen - Island
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1119
  • Living Area Sq Ft: 1119
  • Price Per Sq Ft: 669.35
  • Above Grade Finished Sq Ft: 1119
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 916

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • View: City
  • 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
  • Security: Desk In Lobby
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 823.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Mather Studios
  • HOA Condo Co-Op Amenities: Concierge, Elevator
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Lawn Maintenance, Management, Reserve Funds, Sewer, Snow Removal, Trash, Water
  • HOA: No
  • Senior Community: No

Schools

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

Lot Info

  • Soil Types: Urban Land-Sassafras-Chillum
  • Year Assessed: 2022
  • Zoning: R
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Tax Annual Amount: 5650.00
  • Assessor Parcel Number: 0376//2017
  • Tax Lot: 2017
  • Tax Total Finished Sq Ft: 1119
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 07/24/2023

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2023
Closed on
Jul 21, 2023
Sold by
Barone Kevin
Bought by
Kutchesfahani Zahra Sara
Seller's Agent
Judy Cranford
Cranford & Associates
Buyer's Agent
Anne Richardson
Compass
List Price
$749,000
Sold Price
$735,000
Premium/Discount to List
-$14,000
-1.87%
Views
61
Current Estimated Value
$727,896

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,104
Avg. Annual Appreciation
-1.31%
Original Mortgage
$661,500
Outstanding Balance
$649,343
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$66,077

Purchase Details

Closed on
Jun 23, 2006
Sold by
Butron Paula M
Bought by
Barone Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$521,600
Interest Rate
6.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2003
Sold by
Mather Building Lofts Llc
Bought by
Lucero Martin
Source: Public Records

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
Kutchesfahani Zahra Sara $735,000 Commonwealth Land Title
Barone Kevin $652,000 --
Lucero Martin $501,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kutchesfahani Zahra Sara $661,500
Previous Owner Barone Kevin $521,600
Previous Owner Butron Paula M $460,000
Previous Owner Butron Paula M $432,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2023 07/24/23 Sold $735,000 -1.9% $657 / Sq Ft
05/11/2023 05/11/23 For Sale $749,000 -- $669 / 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 $5,239 $718,540 $215,560 $502,980
2023 $5,599 $715,410 $214,620 $500,790
2022 $5,650 $678,510 $203,550 $474,960
2021 $5,884 $705,530 $211,660 $493,870
2020 $6,038 $710,300 $213,090 $497,210
2019 $5,989 $704,620 $211,390 $493,230
2018 $5,394 $707,890 $0 $0
2017 $5,407 $708,590 $0 $0
2016 $5,133 $675,590 $0 $0
2015 $4,910 $649,040 $0 $0
2014 $4,561 $606,760 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC2095738

Bright MLS

APN: 0376-2017