NOT LISTED FOR SALE

Estimated Value: $493,000 - $543,000

1 Bed
1 Bath
732 Sq Ft
$584/mo HOA Fee

Last Sold August 02, 2024

Last sale price $522,900 $714 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,667/month

12 Days on Market

Highlights

  • Concierge
  • Penthouse
  • 1 Car Attached Garage
  • Fitness Center
  • Elevator
  • 4-minute walk to William Erasmus Wainwright Park

About This Home

As of August 2024

Gorgeous 1 Br penthouse with walls of glass and 2 juliet balconies!
Expansive city views and tons of light!
Underground parking and storage.

Located right off Mass Ave and 4th St NW , commuters will appreciate its close proximity to two Metro stations, Massachusetts Avenue, K Street, and I-395. Great living space includes private balconies overlooking downtown. A welcoming hallway with hardwood flooring ushers you to the living and dining areas featuring walls of windows that flood the room with natural light. Two juliet balconies with sliding glass doors! The open kitchen has granite countertops, 42” cabinetry, a huge custom island and stainless steel appliances—including a gas range. Ample closet space. A laundry closet with stacked machines, a storage space, and a parking space in the underground garage complete the convenience and versatility of this wonderful home. Madrigal Lofts is a superbly managed community with a very engaged on-site manager and building engineer. Building amenities include an elegant lobby with 24 hr concierge service, and a well equipped fitness center. An expansive rooftop terrace provides Capitol and Washington Monument views, and panoramic skyline views of the city and tranquil sunsets. Enjoy grilling and dining al fresco using the outdoor kitchen and one of the many lounging and dining areas. A variety of fine dining options and cafes are in the immediate vicinity, and other day-to-day conveniences are all close. The condo fee covers all services and utilities including high speed internet, except electricity.

Last Agent to Sell the Property

Matt Ford

CENTURY 21 New Millennium Listed on: 06/13/2024

CENTURY 21 New Millennium

Last Buyer's Agent

Stephen Gabauer

CENTURY 21 New Millennium License #0225249925

CENTURY 21 New Millennium

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,512

Year Built

  • Built in 2007

Lot Details

  • 87

HOA Fees

  • $584 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Basement Garage

Home Design

  • Penthouse

Interior Spaces

  • 732 Sq Ft Home
  • Property has 1 Level
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 2325
  • Assessor Parcel Number 0528//2325

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, fiber optics at dwelling, gas, health club, insurance, management, reserve funds, trash, water
  • High-Rise Condominium
  • Front Desk Condos
  • Old City 2 Community
  • Madrigal Lofts Subdivision

Amenities

  • Concierge
  • Elevator

Recreation

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,512

Year Built

Built in 2007

Lot Details

0

HOA Fees

$584 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-06-13
  • Year Built: 2007
  • Automatically Close On Close Date: Yes
  • Remarks Public: Gorgeous 1 Br penthouse with walls of glass and 2 juliet balconies! Expansive city views and tons of light! Underground parking and storage. Located right off Mass Ave and 4th St NW , commuters will appreciate its close proximity to two Metro stations, Massachusetts Avenue, K Street, and I-395. Great living space includes private balconies overlooking downtown. A welcoming hallway with hardwood flooring ushers you to the living and dining areas featuring walls of windows that flood the room with natural light. Two juliet balconies with sliding glass doors! The open kitchen has granite countertops, 42” cabinetry, a huge custom island and stainless steel appliances—including a gas range. Ample closet space. A laundry closet with stacked machines, a storage space, and a parking space in the underground garage complete the convenience and versatility of this wonderful home. Madrigal Lofts is a superbly managed community with a very engaged on-site manager and building engineer. Building amenities include an elegant lobby with 24 hr concierge service, and a well equipped fitness center. An expansive rooftop terrace provides Capitol and Washington Monument views, and panoramic skyline views of the city and tranquil sunsets. Enjoy grilling and dining al fresco using the outdoor kitchen and one of the many lounging and dining areas. A variety of fine dining options and cafes are in the immediate vicinity, and other day-to-day conveniences are all close. The condo fee covers all services and utilities including high speed internet, except electricity.
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 12
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 732
  • Living Area Sq Ft: 732
  • Price Per Sq Ft: 730.74
  • Above Grade Finished Sq Ft: 732
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 811

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
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Basement Garage
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 583.74
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Front desk
  • HOA Condo Co-Op Amenities: Concierge, Elevator, Exercise Room, Fitness Center
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Fiber Optics At Dwelling, Gas, Health Club, Insurance, Management, Reserve Funds, 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: Unknown
  • Year Assessed: 2023
  • Zoning: RES
  • In City Limits: Yes

Rental Info

  • Pets: Size/Weight Restriction
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3512.00
  • Assessor Parcel Number: 0528//2325
  • Tax Lot: 2325
  • Tax Total Finished Sq Ft: 732
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 08/02/2024

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2024
Closed on
Aug 2, 2024
Sold by
Seltzer Nancy Anne
Bought by
Elam Nathanial K and Elam Kristin R
Seller's Agent
Matt Ford
CENTURY 21 New Millennium
Buyer's Agent
Stephen Gabauer
CENTURY 21 New Millennium
List Price
$534,900
Sold Price
$522,900
Premium/Discount to List
-$12,000
-2.24%
Views
8
Current Estimated Value
$515,382

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,518
Avg. Annual Appreciation
-1.32%
Original Mortgage
$444,465
Outstanding Balance
$440,234
Interest Rate
6.87%
Mortgage Type
VA
Estimated Equity
$75,148
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
Elam Nathanial K $522,900 Lighthouse Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elam Nathanial K $444,465
Previous Owner Seltzer Nancy A $225,990
Previous Owner Seltzer Nancy A $229,600
Previous Owner Seltzer Nancy A $261,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2024 08/02/24 Sold $522,900 -2.2% $714 / Sq Ft
06/26/2024 06/26/24 Pending -- -- --
06/13/2024 06/13/24 For Sale $534,900 -- $731 / 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 $3,565 $521,630 $156,490 $365,140
2023 $3,512 $511,890 $153,570 $358,320
2022 $3,509 $505,230 $151,570 $353,660
2021 $3,421 $492,150 $147,640 $344,510
2020 $3,477 $484,770 $145,430 $339,340
2019 $3,431 $478,440 $143,530 $334,910
2018 $3,428 $476,590 $0 $0
2017 $3,409 $473,460 $0 $0
2016 $3,283 $457,960 $0 $0
2015 $3,014 $446,690 $0 $0
2014 $2,750 $393,760 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC2145136

Bright MLS

APN: 0528-2325