NOT LISTED FOR SALE

Estimated Value: $438,244 - $554,000

1 Bed
1 Bath
685 Sq Ft
$525/mo HOA Fee

Last Sold June 27, 2024

Last sale price $475,000 $693 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,434/month

54 Days on Market

Highlights

  • Open Floorplan
  • 3-minute walk to Metro Center
  • High Ceiling
  • Thomson Elementary School Rated A-
  • Beaux Arts Architecture
  • 5-minute walk to The Park at CityCenter

About This Home

As of June 2024

Offers Due by noon on Wednesday 5/29/24. Rare opportunity to own a light filled corner unit on the 6th floor with rows of large windows allowing natural light and sweeping views of Penn Quarter. Modern one bedroom, one bathroom with expansive open kitchen, and living room floor plan in an authentic industrial loft style with original exposed brick walls and ceilings. Polished poured concrete floors, high ceilings and oversized windows make this light filled spacious residence a rare gem. Open gourmet kitchen with granite countertops, stainless steel appliances, and kitchen island with seating. HVAC replaced in 2022, updated stainless appliances. Large bedroom with abundant closet space, and sizable adjoining full bathroom. Generous storage throughout. Mather Studios, by PN Hoffman in 2003, features a handsome10-story, historic Gothic Revival facade with modern interior. Mather Studios is a boutique condominium nestled in Penn Quarter, conveniently located one block to Gallery Place Metro and two blocks to Metro Center. Martin Luther King, Jr Library is across the street, and many restaurants, shops, entertainment, and more are nearby. Make this your home in Washington, DC. Monthly Rental Parking nearby ask agent for details. Pets are welcome.

Last Agent to Sell the Property

Danielle Montgomery

(301) 346-8122 daniellemontgomery@comcast.net Danielle McBride Montgomery Realtors LLC Listed on: 04/05/2024

Last Buyer's Agent

Amie Chilcoat

(410) 903-8859 amie@longandfoster.com Long & Foster Real Estate, Inc. License #673750

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,966

Year Built

  • Built in 2002

Lot Details

  • 87

HOA Fees

  • $525 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Beaux Arts Architecture
  • Contemporary Architecture
  • Entry on the 6th floor

Interior Spaces

  • 685 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • High Ceiling
  • Concrete Flooring

Kitchen

  • Gas Oven or Range
  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Intercom
  • Surveillance System

Additional Features

  • Historic Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 2027
  • Assessor Parcel Number 0376//2027

Community Details

Overview

  • Association fees include common area maintenance, water, management
  • High-Rise Condominium
  • Mather Studios Condos
  • Central Community
  • Penn Quarter Subdivision
  • Property Manager

Pet Policy

  • Dogs and Cats Allowed

Additional Features

  • Elevator
  • Front Desk in Lobby

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,966

Year Built

Built in 2002

Lot Details

0

HOA Fees

$525 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Beaux Arts, Contemporary
  • Ownership: Condominium
  • Historic: Yes
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2002
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Offers Due by noon on Wednesday 5/29/24. Rare opportunity to own a light filled corner unit on the 6th floor with rows of large windows allowing natural light and sweeping views of Penn Quarter. Modern one bedroom, one bathroom with expansive open kitchen, and living room floor plan in an authentic industrial loft style with original exposed brick walls and ceilings. Polished poured concrete floors, high ceilings and oversized windows make this light filled spacious residence a rare gem. Open gourmet kitchen with granite countertops, stainless steel appliances, and kitchen island with seating. HVAC replaced in 2022, updated stainless appliances. Large bedroom with abundant closet space, and sizable adjoining full bathroom. Generous storage throughout. Mather Studios, by PN Hoffman in 2003, features a handsome10-story, historic Gothic Revival façade with modern interior. Mather Studios is a boutique condominium nestled in Penn Quarter, conveniently located one block to Gallery Place Metro and two blocks to Metro Center. Martin Luther King, Jr Library is across the street, and many restaurants, shops, entertainment, and more are nearby. Make this your home in Washington, DC. Monthly Rental Parking nearby ask agent for details. Pets are welcome.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Range, Built-In Microwave, Dishwasher, Disposal, Oven/Range - Gas, Dryer, Washer
  • Entry Floor: 6
  • Flooring Type: Concrete
  • Interior Amenities: Combination Dining/Living, Combination Kitchen/Living, Floor Plan - Open
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall, High
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 685
  • Living Area Sq Ft: 685
  • Price Per Sq Ft: 700.73
  • Above Grade Finished Sq Ft: 685
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 916

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
  • Exterior Features: Sidewalks, Street Lights
  • 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: Central
  • Heating: Yes
  • Security: Desk In Lobby, Intercom, Main Entrance Lock, Surveillance Sys
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 525.46
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Mather Studios
  • HOA Condo Co-Op Amenities: Elevator
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Water, Management
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Soil Types: Unknown
  • Year Assessed: 2023
  • Zoning: R
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 3966.00
  • Assessor Parcel Number: 0376//2027
  • Tax Lot: 2027
  • Tax Total Finished Sq Ft: 685
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 06/27/2024

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2024
Closed on
Jun 27, 2024
Sold by
Mcniece Jessica A
Bought by
Tam Stephanie and Ancarrow Tim
Seller's Agent
Danielle Montgomery
Danielle McBride Montgomery Realtors LLC
Buyer's Agent
Amie Chilcoat
Long & Foster Real Estate, Inc.
List Price
$530,000
Sold Price
$475,000
Premium/Discount to List
-$55,000
-10.38%
Views
62
Current Estimated Value
$486,561

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,561
Avg. Annual Appreciation
1.87%
Original Mortgage
$356,250
Outstanding Balance
$351,954
Interest Rate
6.94%
Mortgage Type
Construction
Estimated Equity
$134,607

Purchase Details

Closed on
Jul 13, 2017
Sold by
Mcniece Jessica A and Armao Jo-Ann E
Bought by
Mcniece Jessica A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,200
Interest Rate
3.91%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 28, 2016
Sold by
Silver Rob and Peterman John
Bought by
Mcniece Jessica A and Mcniece Lawrence C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 2004
Sold by
Legacy Management Group L
Bought by
Silver Rob and Peterman John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 2003
Sold by
Mather Building Lofts Llc
Bought by
Legacy Management Grp Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$321,500
Interest Rate
6.01%
Mortgage Type
New Conventional
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
Tam Stephanie $475,000 First American Title
Mcniece Jessica A -- None Available
Mcniece Jessica A $520,000 Capitol Settlements Llc
Silver Rob $375,000 --
Legacy Management Grp Llc $325,860 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tam Stephanie $356,250
Previous Owner Mcniece Jessica A $73,200
Previous Owner Mcniece Jessica A $468,000
Previous Owner Silver Rob $300,000
Previous Owner Legacy Management Grp Llc $321,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/27/2024 06/27/24 Sold $475,000 -1.0% $693 / Sq Ft
04/25/2024 04/25/24 Price Changed $480,000 -2.0% $701 / Sq Ft
04/17/2024 04/17/24 Price Changed $490,000 -4.9% $715 / Sq Ft
04/09/2024 04/09/24 Price Changed $515,000 -2.8% $752 / Sq Ft
04/05/2024 04/05/24 For Sale $530,000 -- $774 / 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 $3,958 $480,820 $144,250 $336,570
2023 $3,966 $481,320 $144,400 $336,920
2022 $3,741 $453,880 $136,160 $317,720
2021 $3,861 $467,510 $140,250 $327,260
2020 $3,987 $469,080 $140,720 $328,360
2019 $3,990 $469,380 $140,810 $328,570
2018 $4,008 $471,510 $0 $0
2017 $4,004 $471,050 $0 $0
2016 $3,833 $450,990 $0 $0
2015 $3,676 $432,420 $0 $0
2014 $3,369 $396,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC2135672

Bright MLS

APN: 0376-2027