Seller's Agent in 2025
Jaime Willis
Compass
(202) 494-1325
9 in this area
172 Total Sales
5040 1st St NW Unit 202 Washington, DC 20011
Petworth NeighborhoodEstimated Value: $281,000 - $311,000
1
Bed
1
Bath
671
Sq Ft
$326/mo
HOA Fee
Highlights
- Open Floorplan
- Upgraded Countertops
- Storage Room
- Traditional Architecture
- Living Room
- En-Suite Primary Bedroom
About This Home
As of January 2025This delightful rear corner unit is a closet-aholics dream! With both south and west facing windows, the unit gets incredible afternoon light and gorgeous sunsets overlooking the bucolic shared rear courtyard. This one bedroom condo is up just a short half flight of stairs - super easy access with a bike or stroller, and even better, the landing closet outside the unit is exclusively assigned to this unit, so storing your bike, granny cart, or other outdoor gear is easy-breezy! On entry, you'll find a full size coat closet, a cozy nook perfect for your work-from-home workstation, and an open living/dining/kitchen area with beautiful courtyard views. The in-unit laundry is housed in a spacious utility closet that houses your brand new hot water heater, a well-serviced HVAC system, and plenty of additional storage space. The generously sized bedroom has a south facing window with a large evergreen tree just outside for year-round privacy. Attached, you'll find a huge walk in closet as well as en suite bathroom. Next to the bathroom, there's yet another closet - this one is great for linens and pantry items, as it also backs to the kitchen. In side the thoughtfully laid out kitchen, you'll find stainless steel appliances, custom wood shelving, and beautiful updated cabinet pulls. Located in Petworth, you are just .5 miles from the Fort Totten metro and just two blocks off the Metropolitan Branch Trail. The boutique condominium has a roof deck, outdoor courtyard with grill, and is just two blocks from a bodega, Mama Chepa - a fabulous latina restaurant, and a short bike ride to Honeymoon Chicken, Timber Pizza, Cinder BBQ, and more! Street parking is easy and the building is pet and investor friendly.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,785
Year Built
- Built in 1937
Lot Details
- 523
HOA Fees
- $326 Monthly HOA Fees
Parking
- On-Street Parking
Home Design
- Traditional Architecture
- Brick Exterior Construction
Interior Spaces
- 671 Sq Ft Home
- Property has 1 Level
- Open Floorplan
- Living Room
- Storage Room
Kitchen
- Electric Oven or Range
- Stove
- Microwave
- Freezer
- Dishwasher
- Upgraded Countertops
- Disposal
Bedrooms and Bathrooms
- 1 Main Level Bedroom
- En-Suite Primary Bedroom
- 1 Full Bathroom
Laundry
- Laundry in unit
- Stacked Washer and Dryer
Location
- Urban Location
Utilities
- Forced Air Heating and Cooling System
- Heat Pump System
- Electric Water Heater
Listing and Financial Details
- Tax Lot 2005
- Assessor Parcel Number 3403//2005
Community Details
Overview
- Association fees include lawn maintenance, management, insurance, reserve funds, sewer, snow removal, water, exterior building maintenance
- Low-Rise Condominium
- Petworth Community
- Petworth Subdivision
Amenities
- Common Area
- Community Storage Space
Pet Policy
- Dogs and Cats Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 6, 2024
Closed on
Jan 9, 2025
Sold by
Zook Katrina
Bought by
Davis Paul
Seller's Agent
Jaime Willis
Compass
Buyer's Agent
Fredric Rogers
Coldwell Banker Realty - Washington
List Price
$300,000
Sold Price
$310,000
Premium/Discount to List
$10,000
3.33%
Total Days on Market
22
Views
28
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
-$10,025
Avg. Annual Appreciation
-12.32%
Original Mortgage
$154,500
Outstanding Balance
$154,225
Interest Rate
6.6%
Estimated Equity
$145,750
Purchase Details
Listed on
Apr 9, 2018
Closed on
Apr 27, 2018
Sold by
Obaigbena Alarsim M
Bought by
Zook Katrina
Seller's Agent
Denise Greene
RLAH @properties
Buyer's Agent
Jaime Willis
Compass
List Price
$300,000
Sold Price
$302,000
Premium/Discount to List
$2,000
0.67%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.39%
Original Mortgage
$279,000
Interest Rate
4.45%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 24, 2012
Sold by
The Berkeley House Llc
Bought by
Greene Denise M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,400
Interest Rate
3.74%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 2, 2010
Sold by
The Berkeley House Llc
Bought by
Obaigbena Alarsim M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,649
Interest Rate
5.12%
Mortgage Type
FHA
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 |
|---|---|---|---|
| Davis Paul | $310,000 | Westcor Land Title Insurance C | |
| Zook Katrina | $302,000 | Kvs Title Llc | |
| Greene Denise M | $152,000 | -- | |
| Obaigbena Alarsim M | $185,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Davis Paul | $154,500 | |
| Closed | Davis Paul | $155,500 | |
| Previous Owner | Zook Katrina | $279,000 | |
| Previous Owner | Obaigbena Alarsim M | $176,154 | |
| Previous Owner | Greene Denise M | $144,400 | |
| Previous Owner | Obaigbena Alarsim M | $181,649 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/22/2025 01/22/25 | Sold | $310,000 | +3.3% | $462 / Sq Ft |
| 09/24/2024 09/24/24 | Price Changed | $299,990 | 0.0% | $447 / Sq Ft |
| 09/06/2024 09/06/24 | For Sale | $300,000 | -0.7% | $447 / Sq Ft |
| 05/01/2018 05/01/18 | Sold | $302,000 | +0.7% | $449 / Sq Ft |
| 04/16/2018 04/16/18 | Pending | -- | -- | -- |
| 04/09/2018 04/09/18 | For Sale | $300,000 | -- | $446 / 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 | $1,589 | $289,180 | $86,750 | $202,430 |
| 2023 | $1,785 | $308,680 | $92,600 | $216,080 |
| 2022 | $1,726 | $295,480 | $88,640 | $206,840 |
| 2021 | $1,734 | $293,680 | $88,100 | $205,580 |
| 2020 | $1,793 | $286,650 | $85,990 | $200,660 |
| 2019 | $1,746 | $280,290 | $84,090 | $196,200 |
| 2018 | $1,996 | $271,540 | $0 | $0 |
| 2017 | $2,029 | $238,760 | $0 | $0 |
| 2016 | $1,905 | $224,090 | $0 | $0 |
| 2015 | $1,748 | $205,690 | $0 | $0 |
| 2014 | $1,643 | $193,260 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jaime Willis
-
Fredric Rogers
Buyer's Agent in 2025
Fredric Rogers
Coldwell Banker (NRT-Southeast-MidAtlantic)
(240) 413-1271
1 in this area
16 Total Sales
-
Denise Greene
Seller's Agent in 2018
Denise Greene
Real Living at Home
(202) 642-4579
44 Total Sales
Map
Similar Homes in Washington, DC
Source: Bright MLS
MLS Number: DCDC2157906
APN: 3403-2005
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