Seller's Agent in 2024
Catriona Fraser
Long & Foster
(301) 254-0586
5 in this area
87 Total Sales
The Richmond Condominiums 1401 17th St NW Unit 402 Washington, DC 20036
Dupont Circle NeighborhoodEstimated Value: $627,000 - $686,000
2
Beds
2
Baths
853
Sq Ft
$792/mo
HOA Fee
Highlights
- Open Floorplan
- Contemporary Architecture
- Community Pool
- Ross Elementary School Rated A
- Wood Flooring
- 3-minute walk to Stead Park
About This Home
As of February 2024Offer Deadline is Tuesday, January 30th at 5pm. Light filled 4th floor condo with updated kitchen and excellent views. Spacious Primary bedroom with walk-in closet + en-suite bathroom. French doors in the living room lead to a 2nd bedroom/home office with full bathroom. Enjoy your morning coffee on the balcony overlooking the interior courtyard and rose garden. "The Richmond" is a luxury hi-rise building, located in the highly desirable "Dupont Circle" neighborhood. Experience "City Living" at its finest with easy access to some of the best restaurants D.C has to offer. Steps to Whole Foods, Safeway, CVS, art galleries, museums, parks, coffee shops...everything you could want is at your doorstep! This lovely condo features an open concept kitchen with contemporary cabinets, and stainless steel appliances. The HVAC was replaced around 5 years ago. The condo has hardwood floors, and a stacked washer/dryer. An assigned garage parking space is included. Bike racks are located on the secure parking level. There is no rental cap in the building, so this unit would be an excellent investment property too. The unit has been freshly painted and professionally deep cleaned, ready for you to move right in!
Last Listed By
Long & Foster Real Estate, Inc. License #SP98374742 Listed on: 01/26/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,252
Year Built
- Built in 1987
Lot Details
- 174
HOA Fees
- $792 Monthly HOA Fees
Parking
- Assigned parking located at #P2-18
- Basement Garage
Home Design
- Contemporary Architecture
- Brick Exterior Construction
Interior Spaces
- 853 Sq Ft Home
- Property has 1 Level
- Open Floorplan
- Combination Dining and Living Room
- Wood Flooring
- Stacked Washer and Dryer
Kitchen
- Electric Oven or Range
- Stove
- Built-In Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 2 Full Bathrooms
Utilities
- Central Air
- Heat Pump System
- Electric Water Heater
Additional Features
- Property is in excellent condition
Listing and Financial Details
- Tax Lot 2040
- Assessor Parcel Number 0181//2040
Community Details
Overview
- Association fees include common area maintenance, exterior building maintenance, management, pool(s), water, snow removal
- High-Rise Condominium
- The Richmond Condos
- The Richmond Community
- Dupont Circle Subdivision
- Property Manager
Amenities
- Elevator
Recreation
Pet Policy
- Dogs and Cats Allowed
- Breed Restrictions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 26, 2024
Closed on
Feb 26, 2024
Sold by
Wackemah Gary
Bought by
Arbez Mathias C and Almonte-Arbez Lilibeth
Seller's Agent
Catriona Fraser
Long & Foster Real Estate, Inc.
Buyer's Agent
Arash Azma
Compass
List Price
$649,900
Sold Price
$687,000
Premium/Discount to List
$37,100
5.71%
Total Days on Market
3
Views
97
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$25,950
Avg. Annual Appreciation
-3.26%
Original Mortgage
$544,000
Outstanding Balance
$538,546
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$122,504
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Arbez Mathias C | $687,000 | Dupont Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Arbez Mathias C | $544,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/26/2024 02/26/24 | Sold | $687,000 | +5.7% | $805 / Sq Ft |
| 01/26/2024 01/26/24 | For Sale | $649,900 | -- | $762 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $4,209 | $597,380 | $179,210 | $418,170 |
| 2023 | $4,174 | $589,790 | $176,940 | $412,850 |
| 2022 | $4,252 | $592,670 | $177,800 | $414,870 |
| 2021 | $4,041 | $565,050 | $169,510 | $395,540 |
| 2020 | $4,175 | $566,910 | $170,070 | $396,840 |
| 2019 | $4,105 | $557,740 | $167,320 | $390,420 |
| 2018 | $4,123 | $558,430 | $0 | $0 |
| 2017 | $4,115 | $556,610 | $0 | $0 |
| 2016 | $3,980 | $544,100 | $0 | $0 |
| 2015 | $3,620 | $536,090 | $0 | $0 |
| 2014 | $3,301 | $458,600 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Catriona Fraser
-
Arash Azma
Buyer's Agent in 2024
Arash Azma
Compass
(703) 677-7348
2 in this area
51 Total Sales
About The Richmond Condominiums
Map
Similar Homes in Washington, DC
Source: Bright MLS
MLS Number: DCDC2123614
APN: 0181-2040
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