NOT LISTED FOR SALE

Estimated Value: $411,400 - $463,000

1 Bed
1 Bath
900 Sq Ft
$488/mo HOA Fee

Last Sold October 30, 2024

Last sale price $460,000 $511 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $3,154/month

70 Days on Market

Highlights

  • Concierge
  • 24-Hour Security
  • Open Floorplan
  • Fitness Center
  • Gourmet Kitchen
  • 3-minute walk to 3rd & I Street Park

About This Home

As of October 2024

Just three blocks from the Wharf, a wall of windows and soaring 10ft + ceilings fill this stunning 900 SF condo with natural light. The open floor plan boasts a dining area and a nook, perfect for a home office. The kitchen includes a breakfast bar for casual dining and ample counter space, making this a chef’s dream. Generous and bright bedroom with a walk-in closet, modern new flooring throughout, in-unit washer/dryer, and a new HVAC and tankless water heater. A convenient, secured, and covered parking spot in the garage is included and located near the elevator, which opens up just steps from the unit door for great accessibility. Accessible unit, just around the corner from the building's main entrance, without any steps up or down. Enjoy the outdoor swimming pool or work out inside in the well-equipped fitness center. A business center, community room, and 24/7 Front Desk service round out the building’s amenities, and pet lovers are welcome. The Southeast Waterfront neighborhood offers everything you need steps from your door. Attend concerts at the Anthem, dine in the city’s finest new restaurants, and enjoy stunning art at the Rubell Museum, DC’s own modern art museum. Shop at Safeway across the street or Whole Foods down the road. Easy access to Nats Park and Audi Field.

Last Listed By

Michael Alderfer

Compass License #646339 Listed on: 08/08/2024

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,680

Year Built

  • Built in 2005

Lot Details

  • Property is in very good condition

HOA Fees

  • $488 Monthly HOA Fees

Parking

  • 1 Assigned Parking Garage Space
  • Assigned parking located at #P1-113
  • Private Parking
  • Parking Space Conveys
  • Secure Parking

Home Design

  • Contemporary Architecture

Interior Spaces

  • 900 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling height of 9 feet or more
  • Recessed Lighting
  • Window Treatments
  • Combination Dining and Living Room
  • Luxury Vinyl Plank Tile Flooring
  • Home Security System

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Stove
  • Cooktop
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 2481
  • Assessor Parcel Number 0540//2481

Community Details

Overview

  • Association fees include common area maintenance, custodial services maintenance, exterior building maintenance, lawn maintenance, management, parking fee, water, health club, pool(s), sewer, snow removal, trash
  • Mid-Rise Condominium
  • Potomac Place Condominiums
  • Potomac Place Condominium,Rla (Sw) Community
  • Waterfront Sw Rla Subdivision
  • Property Manager

Amenities

  • Concierge
  • Common Area
  • Meeting Room
  • Elevator

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Security

  • 24-Hour Security
  • Front Desk in Lobby
  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,680

Year Built

Built in 2005

Lot Details

0

HOA Fees

$488 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-08-09
  • Year Built: 2005
  • Assigned Parking Space Numbers: P1-113
  • Automatically Close On Close Date: No
  • Remarks Public: Just three blocks from the Wharf, a wall of windows and soaring 10ft + ceilings fill this stunning 900 SF condo with natural light. The open floor plan boasts a dining area and a nook, perfect for a home office. The kitchen includes a breakfast bar for casual dining and ample counter space, making this a chef’s dream. Generous and bright bedroom with a walk-in closet, modern new flooring throughout, in-unit washer/dryer, and a new HVAC and tankless water heater. A convenient, secured, and covered parking spot in the garage is included and located near the elevator, which opens up just steps from the unit door for great accessibility. Accessible unit, just around the corner from the building's main entrance, without any steps up or down. Enjoy the outdoor swimming pool or work out inside in the well-equipped fitness center. A business center, community room, and 24/7 Front Desk service round out the building’s amenities, and pet lovers are welcome. The Southeast Waterfront neighborhood offers everything you need steps from your door. Attend concerts at the Anthem, dine in the city’s finest new restaurants, and enjoy stunning art at the Rubell Museum, DC’s own modern art museum. Shop at Safeway across the street or Whole Foods down the road. Easy access to Nats Park and Audi Field.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Dishwasher, Disposal, Stove, Refrigerator, Washer, Dryer
  • Flooring Type: Luxury Vinyl Plank
  • Interior Amenities: Breakfast Area, Combination Dining/Living, Dining Area, Floor Plan - Open, Kitchen - Gourmet, Primary Bath(s), Recessed Lighting, Bathroom - Tub Shower, Walk-In Closet(s), Window Treatments
  • Fireplace: No
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 900
  • Living Area Sq Ft: 900
  • Price Per Sq Ft: 527.78
  • Above Grade Finished Sq Ft: 900
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 355

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: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Assigned Spaces Count: 1
  • Garage: Yes
  • Parking Features: Assigned, Parking Space Conveys, Private, Secure Parking
  • Garage Features: Covered Parking
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: 24 Hour Security, Carbon Monoxide Detector(s), Desk In Lobby, Main Entrance Lock, Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 488.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: POTOMAC PLACE CONDOMINIUMS
  • HOA Condo Co-Op Amenities: Common Grounds, Concierge, Exercise Room, Fitness Center, Meeting Room, Reserved/Assigned Parking, Elevator, Pool - Outdoor, Security
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Custodial Services Maintenance, Ext Bldg Maint, Lawn Maintenance, Management, Parking Fee, Water, Health Club, Pool(s), Sewer, Snow Removal, Trash
  • HOA: No
  • Senior Community: No

Schools

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

Lot Info

  • Property Condition: Very Good
  • Soil Types: Unknown
  • Year Assessed: 2023
  • Zoning: RA3
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Tax Annual Amount: 2680.00
  • Assessor Parcel Number: 0540//2481
  • Tax Lot: 2481
  • Tax Total Finished Sq Ft: 897
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 10/30/2024

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2024
Closed on
Oct 29, 2024
Sold by
Dodd Jason
Bought by
Piero C Ugolini Revocable Trust and Joanne C Ugolini Revocable Trust
Seller's Agent
Michael Alderfer
Compass
Buyer's Agent
David Moya
KW Metro Center
List Price
$489,000
Sold Price
$460,000
Premium/Discount to List
-$29,000
-5.93%
Total Days on Market
70
Views
52
Current Estimated Value
$438,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,650
Avg. Annual Appreciation
-5.27%

Purchase Details

Listed on
Sep 9, 2014
Closed on
Oct 15, 2014
Sold by
Squier John E
Bought by
Dodd Jason
Seller's Agent
Andrew Turczyn
Compass
Buyer's Agent
Michael Alderfer
Compass
List Price
$389,000
Sold Price
$389,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.68%
Original Mortgage
$311,200
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2005
Sold by
Potomac Place Ii L L C
Bought by
Squier John E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,400
Interest Rate
5.54%
Mortgage Type
New Conventional

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
Piero C Ugolini Revocable Trust $460,000 Fidelity National Title
Dodd Jason $389,000 --
Squier John E $398,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dodd Jason $291,000
Previous Owner Dodd Jason $311,250
Previous Owner Dodd Jason $311,200
Previous Owner Squier John E $318,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2024 10/30/24 Sold $460,000 -3.2% $511 / Sq Ft
10/18/2024 10/18/24 Pending -- -- --
09/27/2024 09/27/24 Price Changed $475,000 -2.9% $528 / Sq Ft
08/08/2024 08/08/24 For Sale $489,000 +25.7% $543 / Sq Ft
10/15/2014 10/15/14 Sold $389,000 0.0% $434 / Sq Ft
09/17/2014 09/17/14 Pending -- -- --
09/09/2014 09/09/14 For Sale $389,000 -- $434 / 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 $2,636 $412,310 $123,690 $288,620
2023 $2,680 $413,990 $124,200 $289,790
2022 $2,765 $417,790 $125,340 $292,450
2021 $2,715 $409,060 $122,720 $286,340
2020 $2,744 $398,560 $119,570 $278,990
2019 $2,657 $387,400 $116,220 $271,180
2018 $2,589 $377,890 $0 $0
2017 $2,498 $366,850 $0 $0
2016 $2,278 $339,660 $0 $0
2015 $2,143 $325,250 $0 $0
2014 -- $300,560 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Bright MLS

MLS Number: DCDC2148772

Bright MLS

APN: 0540-2481