NOT LISTED FOR SALE

Estimated Value: $504,000 - $519,000

1 Bed
1 Bath
943 Sq Ft
$568/mo HOA Fee

Last Sold August 05, 2022

Last sale price $510,000 $541 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,720/month

52 Days on Market

Highlights

  • Open Floorplan
  • 3-minute walk to Metro Center
  • Intercom
  • Thomson Elementary School Rated A-
  • Upgraded Countertops
  • 5-minute walk to The Park at CityCenter

About This Home

As of August 2022

One of the true loft style buildings in downtown DC. Welcome to PN Hoffman's Mather Studios. This one bedroom, corner unit condo features an open floor plan with tons of natural light, polished/stained concrete floors throughout the home, and granite countertops and stainless steel appliances in the kitchen. HVAC replaced in 2021 and freshly painted. Step outside to the Martin Luther King Jr. Library, National Gallery of Art, and everything Penn Quarter has to offer. It is a short walk to three Metro stops - Metro Center, Chinatown, and Archives!

Last Agent to Sell the Property

Charles Cornell

Compass License #SP98376275 Listed on: 05/19/2022

Compass

Co-Listed By

Stephen Gaich

RLAH @properties

Last Buyer's Agent

Lauren Johnson

EXP Realty, LLC License #SP200204950

EXP Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,815

Year Built

  • Built in 2002

Lot Details

  • 131

HOA Fees

  • $568 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Stone Siding

Interior Spaces

  • 943 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Brick Wall or Ceiling
  • Window Treatments
  • Concrete Flooring
  • Intercom
  • Stacked Washer and Dryer

Kitchen

  • Gas Oven or Range
  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

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

Additional Features

  • Accessible Elevator Installed
  • Property is in very good condition

Listing and Financial Details

  • Tax Lot 2029
  • Assessor Parcel Number 0376//2029

Community Details

Overview

  • Association fees include exterior building maintenance, management, insurance, trash, water
  • 50 Units
  • High-Rise Condominium
  • Built by PN Hoffman
  • Central Community
  • Penn Quarter Subdivision
  • Property Manager

Pet Policy

  • Pets Allowed

Security

  • Security Service
  • Front Desk in Lobby
  • Fire and Smoke Detector

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,815

Year Built

Built in 2002

Lot Details

0

HOA Fees

$568 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Loft With Bedrooms
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Year Built: 2002
  • Automatically Close On Close Date: No
  • Remarks Public: One of the true loft style buildings in downtown DC. Welcome to PN Hoffman's Mather Studios. This one bedroom, corner unit condo features an open floor plan with tons of natural light, polished/stained concrete floors throughout the home, and granite countertops and stainless steel appliances in the kitchen. HVAC replaced in 2021 and freshly painted. Step outside to the Martin Luther King Jr. Library, National Gallery of Art, and everything Penn Quarter has to offer. It is a short walk to three Metro stops - Metro Center, Chinatown, and Archives!
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Icemaker, Washer/Dryer Stacked, Exhaust Fan, Microwave, Oven - Self Cleaning, Oven/Range - Gas, Refrigerator, Stove
  • Entry Floor: 1
  • Flooring Type: Concrete
  • Interior Amenities: Combination Kitchen/Dining, Kitchen - Island, Combination Kitchen/Living, Upgraded Countertops, Elevator, Window Treatments, Floor Plan - Open
  • Fireplace: No
  • Wall Ceiling Types: Brick
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 943
  • Living Area Sq Ft: 943
  • Price Per Sq Ft: 556.73
  • Above Grade Finished Sq Ft: 943
  • 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
  • Construction Materials: Stone
  • 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: Central
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Desk In Lobby, Intercom, Main Entrance Lock, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 568.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Elevator, Security
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Management, Insurance, Trash, Water
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • 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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 364550.00
  • Land Assessed Value: 156230.00
  • Property Condition: Very Good
  • Soil Types: Urban Land Not Rated
  • Year Assessed: 2021
  • Zoning: YES
  • Zoning Description: For Sale
  • In City Limits: Yes

Building Info

  • Builder Name: PN Hoffman

Rental Info

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

Tax Info

  • Assessor Parcel Number: 16137463
  • Tax Annual Amount: 3815.00
  • Assessor Parcel Number: 0376//2029
  • Tax Lot: 2029
  • Tax Total Finished Sq Ft: 843
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 08/05/2022

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2022
Closed on
Aug 5, 2022
Sold by
Pamela Cala
Bought by
Barsoum Christopher
Seller's Agent
Charles Cornell
Compass
Buyer's Agent
Lauren Johnson
EXP Realty, LLC
List Price
$525,000
Sold Price
$510,000
Premium/Discount to List
-$15,000
-2.86%
Current Estimated Value
$517,573

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,573
Avg. Annual Appreciation
-0.00%
Original Mortgage
$484,500
Outstanding Balance
$466,896
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$43,068

Purchase Details

Listed on
Aug 2, 2016
Closed on
Sep 22, 2016
Sold by
Flemming Todd
Bought by
Cala Joseph J and Cala Pamela J
Seller's Agent
Maggie Rhodes
TTR Sotheby's International Realty
Buyer's Agent
Edward Smith
RLAH Real Estate*
List Price
$549,000
Sold Price
$505,000
Premium/Discount to List
-$44,000
-8.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.17%

Purchase Details

Closed on
Sep 3, 2004
Sold by
Myers Donald
Bought by
Fleming Todd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,920
Interest Rate
6.08%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Barsoum Christopher $510,000 First American Title
Cala Joseph J $505,000 Paragon Title & Escrow Co
Fleming Todd $449,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barsoum Christopher $484,500
Previous Owner Fleming Todd $371,000
Previous Owner Fleming Todd $359,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2022 08/05/22 Sold $510,000 -2.9% $541 / Sq Ft
07/10/2022 07/10/22 Pending -- -- --
05/19/2022 05/19/22 For Sale $525,000 +4.0% $557 / Sq Ft
09/23/2016 09/23/16 Sold $505,000 -8.0% $599 / Sq Ft
09/03/2016 09/03/16 Pending -- -- --
08/02/2016 08/02/16 For Sale $549,000 0.0% $651 / Sq Ft
07/30/2012 07/30/12 Rented $2,600 0.0% --
07/16/2012 07/16/12 Under Contract -- -- --
06/28/2012 06/28/12 For Rent $2,600 -- --
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 $3,820 $551,610 $165,480 $386,130
2023 $3,844 $550,920 $165,280 $385,640
2022 $3,641 $520,780 $156,230 $364,550
2021 $3,816 $538,560 $161,570 $376,990
2020 $3,956 $541,150 $162,340 $378,810
2019 $3,950 $539,520 $161,860 $377,660
2018 $3,983 $541,980 $0 $0
2017 $3,990 $541,910 $0 $0
2016 $4,402 $517,920 $0 $0
2015 $4,225 $497,000 $0 $0
2014 -- $455,440 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DCDC2049630

Bright MLS

APN: 0376-2029