Seller's Agent in 2023
Robyn Porter
Long & Foster
(703) 963-0142
2 in this area
127 Total Sales
502 Rhode Island Ave NW Unit 4 Washington, DC 20001
Shaw NeighborhoodEstimated Value: $570,000
1
Bed
1
Bath
644
Sq Ft
$233/mo
HOA Fee
Highlights
- Gourmet Kitchen
- Commercial Range
- Contemporary Architecture
- City View
- Open Floorplan
- Wood Flooring
About This Home
As of July 2023OPEN SUNDAY, JUNE 25, 1-4PM. Conveniently located in DC's popular Shaw neighborhood, your new home has been fully renovated and offers luxury living in a boutique condo building. The home is on the top/penthouse level, so you'll be surrounded with huge windows and bathed in lots of natural light. Open concept living with a chef's kitchen boasting high-end appliances, abundant cabinetry, sparkling quartz counters, and an enormous kitchen island. There's a Juliet balcony with vibrant city views off the living area. The bedroom is huge and can easily accommodate a king-sized bed and more. The luxury bathroom features black penny tiling and a walk-in glass-enclosed shower. Of course, the home comes with a private washer & dryer, so no need to share with neighbors! Unwind or entertain on your private 450sf roof-top terrace with sweeping, panoramic views of the city. Pack your pooch's dog bowl because the building is pet friendly. It's also close to restaurants, shops, dog parks, and the Metro. Low condo fees are icing on the cake! Schedule your tour today!
Last Listed By
Long & Foster Real Estate, Inc. License #SP98361588 Listed on: 05/24/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,872
Year Built
- Built in 1880 | Remodeled in 2016
Lot Details
- Downtown Location
- North Facing Home
- Extensive Hardscape
- Property is in excellent condition
HOA Fees
- $233 Monthly HOA Fees
Parking
- On-Street Parking
Home Design
- Contemporary Architecture
- Brick Front
- Composite Building Materials
Interior Spaces
- 644 Sq Ft Home
- Property has 2 Levels
- Open Floorplan
- Bar
- Ceiling height of 9 feet or more
- Recessed Lighting
- Window Treatments
- Window Screens
- Wood Flooring
- City Views
- Intercom
Kitchen
- Gourmet Kitchen
- Breakfast Area or Nook
- Commercial Range
- Built-In Range
- Built-In Microwave
- Ice Maker
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Upgraded Countertops
Bedrooms and Bathrooms
- 1 Main Level Bedroom
- 1 Full Bathroom
Laundry
- Laundry in unit
- Front Loading Dryer
- Front Loading Washer
Outdoor Features
- Balcony
- Patio
- Terrace
- Exterior Lighting
Utilities
- Forced Air Heating and Cooling System
- Air Source Heat Pump
- Electric Water Heater
Listing and Financial Details
- Tax Lot 2007
- Assessor Parcel Number 0476//2007
Community Details
Overview
- Association fees include gas, water, trash, sewer, reserve funds
- 4 Units
- Low-Rise Condominium
- Old City 2 Community
- Shaw Subdivision
Pet Policy
- Dogs and Cats Allowed
Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 24, 2023
Closed on
Jul 26, 2023
Sold by
Clark Tara
Bought by
Budros Michael
Seller's Agent
Robyn Porter
Long & Foster Real Estate, Inc.
Buyer's Agent
Chris O
RLAH @properties
List Price
$599,000
Sold Price
$575,000
Premium/Discount to List
-$24,000
-4.01%
Total Days on Market
38
Views
104
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
-$5,000
Avg. Annual Appreciation
-0.50%
Original Mortgage
$546,250
Outstanding Balance
$537,713
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$32,287
Purchase Details
Listed on
Feb 24, 2022
Closed on
Mar 31, 2022
Sold by
Tevis Boulware Eric William
Bought by
Clark Tara
Seller's Agent
Austin Jenkins
Washington Fine Properties, LLC
Buyer's Agent
Robyn Porter
Long & Foster Real Estate, Inc.
List Price
$649,000
Sold Price
$656,000
Premium/Discount to List
$7,000
1.08%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-9.50%
Original Mortgage
$590,400
Interest Rate
3.92%
Mortgage Type
Balloon
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 |
|---|---|---|---|
| Budros Michael | $575,000 | Brennan Title | |
| Clark Tara | $656,000 | Westcor Land Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Budros Michael | $546,250 | |
| Previous Owner | Clark Tara | $590,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/26/2023 07/26/23 | Sold | $575,000 | 0.0% | $893 / Sq Ft |
| 06/15/2023 06/15/23 | Price Changed | $575,000 | -4.0% | $893 / Sq Ft |
| 05/24/2023 05/24/23 | For Sale | $599,000 | -8.7% | $930 / Sq Ft |
| 03/31/2022 03/31/22 | Sold | $656,000 | +1.1% | $1,019 / Sq Ft |
| 02/28/2022 02/28/22 | Pending | -- | -- | -- |
| 02/24/2022 02/24/22 | For Sale | $649,000 | +14.9% | $1,008 / Sq Ft |
| 12/14/2016 12/14/16 | Sold | $564,900 | 0.0% | $802 / Sq Ft |
| 10/19/2016 10/19/16 | Pending | -- | -- | -- |
| 10/13/2016 10/13/16 | For Sale | $564,900 | -- | $802 / 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 |
|---|---|---|---|---|
| 2023 | $4,428 | $547,950 | $164,390 | $383,560 |
| 2022 | $3,872 | $547,950 | $164,380 | $383,570 |
| 2021 | $3,896 | $547,950 | $164,380 | $383,570 |
| 2020 | $4,014 | $547,950 | $164,380 | $383,570 |
| 2019 | $4,021 | $547,950 | $164,380 | $383,570 |
Source: Public Records
Agents Affiliated with this Home
-
Robyn Porter
-
Chris O
Buyer's Agent in 2023
Chris O
Real Living at Home
(616) 648-5517
1 in this area
7 Total Sales
-
Austin Jenkins
Seller's Agent in 2022
Austin Jenkins
Washington Fine Properties, LLC
(202) 550-6556
19 in this area
62 Total Sales
-
Trent Heminger
Seller's Agent in 2016
Trent Heminger
Compass
(202) 210-6448
11 in this area
815 Total Sales
-
Kevin Gray
Seller Co-Listing Agent in 2016
Kevin Gray
Compass
(202) 360-3945
4 in this area
129 Total Sales
-
Michael Shosh
Buyer's Agent in 2016
Michael Shosh
Century 21 Redwood Realty
(202) 236-8067
3 in this area
69 Total Sales
Map
Similar Homes in Washington, DC
Source: Bright MLS
MLS Number: DCDC2097486
APN: 0476-2007
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