NOT LISTED FOR SALE

Estimated Value: $577,000 - $616,000

1 Bed
1.5 Baths
1,276 Sq Ft
$1,883/mo HOA Fee

Last Sold July 24, 2024

Last sale price $550,000 $431 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $5,486/month

10 Days on Market

Highlights

  • Fitness Center
  • Sauna
  • Party Room
  • Stoddert Elementary School Rated A
  • Community Pool
  • Jogging Path

About This Home

As of July 2024

Welcome home to 2801 New Mexico Ave, unit 1012, located in the highly desirable Colonnade building-- a true full-service condo located in Washington DC’s Observatory Circle Neighborhood. This sophisticated condo is bright and airy, and boasts over 1,276 square feet of living space, with 1 bedroom, 1.5 baths, a dedicated garage parking space & additional storage unit. As you enter the unit, you’ll immediately notice the high ceilings, spacious layout, and natural light from the large windows. The living room and dining room are the perfect space for hosting large groups, as well as everyday living. There is direct access to the expansive balcony, overlooking common grounds and a tree lined view. The kitchen features a new gas range, ample cabinet storage, a pantry, and space for a breakfast table. The main living area also includes a half bath, large coat closet, linen closet, and laundry access. The bedroom suite is complete with 2 large closets, built-in bookcases, space for a king-sized bed with additional furniture, and an en-suite bathroom. . Building amenities include a 24-hour front desk, doorman, valet parking, guest parking, a fitness center, salon, dry cleaner, party room, and an outdoor heated swimming pool that is open 6 months of the year! All utilities and cable are included in the monthly condo fee. Pets are welcomed on a case-by-case basis at The Colonnade. The location is walking distance to Glover Archbold park as well as many shopping and dining options!

Last Agent to Sell the Property

Mona Banes

(703) 909-5620 mbanes@ttrsir.com TTR Sothebys International Realty License #0225207696 Listed on: 05/30/2024

TTR Sothebys International Realty

Co-Listed By

Doug Richards

(202) 931-5674 drichards@ttrsir.com TTR Sothebys International Realty

Last Buyer's Agent

Charlene Bayes

(703) 597-4067 charlene.bayes@penfedrealty.com Real Broker, LLC - Gaithersburg License #0225070300

Real Broker, LLC - Gaithersburg

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,803

Year Built

  • Built in 1966

Lot Details

  • 784

HOA Fees

  • $1,883 Monthly HOA Fees

Parking

  • Assigned parking located at #246
  • Garage Door Opener
  • 1 Assigned Parking Space

Home Design

  • Entry on the 10th floor

Interior Spaces

  • 1,276 Sq Ft Home
  • Property has 1 Level
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 1 Main Level Bedroom

Accessible Home Design

  • Accessible Elevator Installed

Utilities

  • Cooling System Utilizes Natural Gas
  • Cooling System Mounted In Outer Wall Opening
  • 90% Forced Air Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1805//2405

Community Details

Overview

  • Association fees include sewer, heat, electricity, cable TV, broadband, high speed internet, air conditioning, parking fee, lawn maintenance, laundry, trash, snow removal, recreation facility
  • High-Rise Condominium
  • Observatory Circle Community
  • Observatory Circle Subdivision

Amenities

  • Picnic Area
  • Sauna
  • Party Room
  • Community Library
  • Laundry Facilities
  • Community Storage Space

Recreation

  • Jogging Path

Pet Policy

  • Dogs and Cats Allowed

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,803

Year Built

Built in 1966

Lot Details

0

HOA Fees

$1,883 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Unit/Flat
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1966
  • Assigned Parking Space Numbers: 246
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome home to 2801 New Mexico Ave, unit 1012, located in the highly desirable Colonnade building-- a true full-service condo located in Washington DC’s Observatory Circle Neighborhood. This sophisticated condo is bright and airy, and boasts over 1,276 square feet of living space, with 1 bedroom, 1.5 baths, a dedicated garage parking space & additional storage unit. As you enter the unit, you’ll immediately notice the high ceilings, spacious layout, and natural light from the large windows. The living room and dining room are the perfect space for hosting large groups, as well as everyday living. There is direct access to the expansive balcony, overlooking common grounds and a tree lined view. The kitchen features a new gas range, ample cabinet storage, a pantry, and space for a breakfast table. The main living area also includes a half bath, large coat closet, linen closet, and laundry access. The bedroom suite is complete with 2 large closets, built-in bookcases, space for a king-sized bed with additional furniture, and an en-suite bathroom. . Building amenities include a 24-hour front desk, doorman, valet parking, guest parking, a fitness center, salon, dry cleaner, party room, and an outdoor heated swimming pool that is open 6 months of the year! All utilities and cable are included in the monthly condo fee. Pets are welcomed on a case-by-case basis at The Colonnade. The location is walking distance to Glover Archbold park as well as many shopping and dining options!
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 10
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1276
  • Living Area Sq Ft: 1276
  • Price Per Sq Ft: 431.03
  • Above Grade Finished Sq Ft: 1276
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2801

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Concrete
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Assigned Spaces Count: 1
  • Garage: Yes
  • Parking Features: Assigned
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Natural Gas
  • Cooling Type: Wall Unit
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Community

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1883.36
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Fitness Center, Laundry Facilities, Pool - Outdoor, Party Room, Picnic Area, Reserved/Assigned Parking, Sauna, Storage Bin, Security, Library, Jog/Walk Path
  • HOA Condo Co-Op Fee Includes: Sewer, Heat, Electricity, Cable Tv, Broadband, High Speed Internet, Air Conditioning, Parking Fee, Lawn Maintenance, Laundry, Trash, Snow Removal, Recreation Facility
  • 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
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Tax Annual Amount: 4803.00
  • Assessor Parcel Number: 1805//2405
  • Tax Year: 2024
  • Close Date: 07/24/2024

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2024
Closed on
Jul 19, 2024
Sold by
Aghazadeh Manijeh
Bought by
Elaine Teresa Schwartz Trust and Schwartz
Seller's Agent
Mona Banes
TTR Sothebys International Realty
Buyer's Agent
Charlene Bayes
Real Broker, LLC - Gaithersburg
List Price
$550,000
Sold Price
$550,000
Views
9
Current Estimated Value
$603,260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,260
Avg. Annual Appreciation
7.80%

Purchase Details

Closed on
Jul 3, 2003
Sold by
Moss Mervin
Bought by
Aghazadeh Manijeh
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
Elaine Teresa Schwartz Trust $550,000 Ekko Title
Aghazadeh Manijeh $280,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/24/2024 07/24/24 Sold $550,000 0.0% $431 / Sq Ft
05/30/2024 05/30/24 For Sale $550,000 0.0% $431 / Sq Ft
07/01/2023 07/01/23 Rented $3,500 0.0% --
06/01/2023 06/01/23 For Rent $3,500 +25.0% --
08/24/2014 08/24/14 Rented $2,800 0.0% --
08/01/2014 08/01/14 Under Contract -- -- --
07/08/2014 07/08/14 For Rent $2,800 -- --
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 $4,965 $599,350 $179,800 $419,550
2023 $4,803 $579,820 $173,950 $405,870
2022 $5,073 $610,540 $183,160 $427,380
2021 $4,895 $589,140 $176,740 $412,400
2020 $4,918 $578,590 $173,580 $405,010
2019 $4,900 $576,450 $172,930 $403,520
2018 $4,700 $552,890 $0 $0
2017 $4,064 $550,610 $0 $0
2016 $3,875 $527,530 $0 $0
2015 $3,742 $533,230 $0 $0
2014 $3,412 $471,630 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC2144056

Bright MLS

APN: 1805-2405