NOT LISTED FOR SALE

Estimated Value: $5,008,509 - $5,462,000

3 Beds
2.5 Baths
3,802 Sq Ft
$7,665/mo HOA Fee

Last Sold June 10, 2024

Last sale price $5,350,000 $1,407 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $40,464/month

5 Days on Market

Highlights

  • Concierge
  • Fitness Center
  • Water Oriented
  • Hyde Addison Elementary School Rated A
  • 24-Hour Security
  • 4-minute walk to Rock Creek Park South

About This Home

As of June 2024

This splendid custom penthouse offers the best views in the nation’s capital! Perfectly situated in the southwest corner of the incomparable Residences at The Ritz-Carlton Georgetown, dramatic vistas of the Potomac River and familiar landmarks fill the expansive windows that are found in every room. The very spacious and open design ensures that these panoramic views are showcased throughout. Ten-foot ceilings and handsome hardwood floors enhance the generous spaces and sense of quality that characterize this residence.With its superb location, two valet parking spaces and unsurpassed services, The Residences at The Ritz- Carlton Georgetown is recognized as one of the very finest addresses in the Washington Metropolitan area.

Last Agent to Sell the Property

Christie Weiss

TTR Sotheby's International Realty License #0225131108 Listed on: 04/19/2024

TTR Sotheby's International Realty

Last Buyer's Agent

Ethan Drath

Washington Fine Properties, LLC License #5004098

Washington Fine Properties, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $42,885

Year Built

  • Built in 2003

Lot Details

  • North Facing Home
  • Property is in very good condition

HOA Fees

  • $7,665 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Basement Garage
  • Parking Storage or Cabinetry
  • Parking Fee
  • Parking Space Conveys
  • 2 Assigned Parking Spaces

Property Views

  • Scenic Vista
  • Woods
  • Park or Greenbelt

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 3,802 Sq Ft Home
  • Property has 1 Level
  • Built-In Features
  • Ceiling height of 9 feet or more
  • Triple Pane Windows
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Den
  • Wood Flooring

Kitchen

  • Gourmet Kitchen
  • Built-In Oven
  • Cooktop
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Home Security

  • Exterior Cameras
  • Monitored

Accessible Home Design

  • Accessible Elevator Installed
  • Roll-in Shower
  • Roll-under Vanity
  • Low Bathroom Mirrors
  • Grab Bars
  • Accessible Kitchen
  • Wheelchair Height Shelves
  • Lowered Light Switches
  • Mobility Improvements
  • Modifications for wheelchair accessibility
  • Doors swing in
  • No Interior Steps
  • More Than Two Accessible Exits
  • Level Entry For Accessibility

Outdoor Features

  • Water Oriented
  • River Nearby
  • Stream or River on Lot

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Programmable Thermostat
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 2021
  • Assessor Parcel Number 1189//2021

Community Details

Overview

  • Association fees include common area maintenance, custodial services maintenance, exterior building maintenance, gas, management, insurance, reserve funds, sewer, snow removal, trash, water
  • $82 Other Monthly Fees
  • 28 Units
  • Mid-Rise Condominium
  • The Residences At The Ritz Carlton, Georgetown Condos
  • Built by Millennium Partners
  • The Residences Ritz Carlton Community
  • Georgetown Subdivision
  • Property Manager

Amenities

  • Concierge
  • Common Area
  • Community Storage Space

Recreation

  • Fitness Center

Pet Policy

  • Dogs and Cats Allowed

Security

  • 24-Hour Security
  • Front Desk in Lobby
  • Resident Manager or Management On Site
  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$42,885

Year Built

Built in 2003

Lot Details

0

HOA Fees

$7,665 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Contemporary
  • Accessibility Features: Wheelchair Mod, Wheelchair Height Shelves, Roll-Under Vanity, Roll-In Shower, No Stairs, Mobility Improvements, Low Bathroom Mirrors, Level Entry - Main, Kitchen Mod, Grab Bars Mod, Elevator, Doors - Swing In, Accessible Switches/Outlets, 2+ Access Exits
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2003
  • Automatically Close On Close Date: No
  • Remarks Public: This splendid custom penthouse offers the best views in the nation’s capital! Perfectly situated in the southwest corner of the incomparable Residences at The Ritz-Carlton Georgetown, dramatic vistas of the Potomac River and familiar landmarks fill the expansive windows that are found in every room. The very spacious and open design ensures that these panoramic views are showcased throughout. Ten-foot ceilings and handsome hardwood floors enhance the generous spaces and sense of quality that characterize this residence. With its superb location, two valet parking spaces and unsurpassed services, The Residences at The Ritz- Carlton Georgetown is recognized as one of the very finest addresses in the Washington Metropolitan area.
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Washer, Refrigerator, Oven - Wall
  • Entry Floor: 4
  • Flooring Type: Hardwood
  • Interior Amenities: Kitchen - Gourmet, Kitchen - Island, Dining Area, Primary Bath(s), Built-Ins, Entry Level Bedroom, Wood Floors
  • Window Features: Triple Pane
  • Fireplace: No
  • Wall Ceiling Types: 9'+ Ceilings
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Foyer, Laundry, Office, Bathroom 2, Primary Bathroom, Half Bath
  • Basement: No
  • Laundry Type: Main Floor, Has Laundry
  • Total Sq Ft: 3802
  • Living Area Sq Ft: 3802
  • Price Per Sq Ft: 1445.29
  • Above Grade Finished Sq Ft: 3802
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3150

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Spa: No
  • View: River, City, Trees/Woods, Park/Greenbelt, Scenic Vista
  • Water Access: No
  • Water Body Name: Potomac River
  • Water Body Type: River
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Assigned Spaces Count: 2
  • Garage: Yes
  • Parking Features: Assigned, Parking Fee, Parking Space Conveys
  • Garage Features: Additional Storage Area, Basement Garage, Covered Parking, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Programmable Thermostat, Zoned
  • Heating Fuel: Natural Gas, Central
  • Heating Type: Forced Air, Programmable Thermostat
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: 24 Hour Security, Carbon Monoxide Detector(s), Exterior Cameras, Monitored, Resident Manager, Desk In Lobby
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 7665.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: The Residences at The Ritz-Carlton, Georgetown
  • HOA Condo Co-Op Amenities: Common Grounds, Concierge, Elevator, Exercise Room, Extra Storage, Security
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Custodial Services Maintenance, Ext Bldg Maint, Gas, Management, Insurance, Reserve Funds, Sewer, Snow Removal, Trash, Water
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Other Fees: 82.00
  • Other Fees Frequency: Monthly

Schools

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

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Outdoor Living Structures: Balconies- Multiple
  • Property Condition: Very Good
  • Soil Types: Urban Land Not Rated
  • Year Assessed: 2023
  • Zoning: RESIDENTIAL
  • In City Limits: Yes

Building Info

  • Builder Name: Millennium Partners

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: 42884.84
  • Assessor Parcel Number: 1189//2021
  • Tax Lot: 2021
  • Tax Total Finished Sq Ft: 3674
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 06/10/2024

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2024
Closed on
Jun 5, 2024
Sold by
Bronfman Corinne and Skinner Mark W
Bought by
Sterling Gail Revocable Trust
Seller's Agent
Christie Weiss
TTR Sotheby's International Realty
Buyer's Agent
Ethan Drath
Washington Fine Properties, LLC
List Price
$5,495,000
Sold Price
$5,350,000
Premium/Discount to List
-$145,000
-2.64%
Views
33
Current Estimated Value
$5,279,627

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$70,373
Avg. Annual Appreciation
-0.72%
Original Mortgage
$4,815,000
Outstanding Balance
$4,775,180
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$531,110
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
Sterling Gail Revocable Trust $5,350,000 Paragon Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sterling Gail Revocable Trust $4,815,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2024 06/10/24 Sold $5,350,000 -2.6% $1,407 / Sq Ft
04/24/2024 04/24/24 Pending -- -- --
04/19/2024 04/19/24 For Sale $5,495,000 -- $1,445 / 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 $43,675 $5,153,370 $1,546,010 $3,607,360
2023 $42,885 $5,059,980 $1,517,990 $3,541,990
2022 $43,266 $5,182,600 $1,554,780 $3,627,820
2021 $41,844 $5,012,500 $1,503,750 $3,508,750
2020 $40,430 $4,832,120 $1,296,450 $3,535,670
2019 $40,437 $4,832,120 $1,449,640 $3,382,480
2018 $40,450 $4,832,120 $0 $0
2017 $38,156 $4,815,700 $0 $0
2016 $34,693 $4,962,920 $0 $0
2015 $31,542 $3,782,200 $0 $0
2014 $30,829 $3,697,160 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC2136620

Bright MLS

APN: 1189-2021