Seller's Agent in 2022
Daniel Heider
TTR Sotheby's International Realty
(703) 785-7820
9 in this area
419 Total Sales
602 Independence Ave SE Washington, DC 20003
Capitol Hill NeighborhoodEstimated Value: $763,000 - $956,000
2
Beds
2
Baths
1,024
Sq Ft
$881/Sq Ft
Est. Value
Highlights
- Gourmet Kitchen
- City View
- Federal Architecture
- Brent Elementary School Rated A
- Open Floorplan
- 4-minute walk to Seward Square
About This Home
As of April 2022**Offers if any are due Monday, March 21st by 12pm. ** Situated in the heart of Capitol Hill, only a few blocks to Eastern Market, 602 Independence Avenue SE is a fine example of modern urban living concealed within a timeless DC row home. At first glance, an inviting walkway leads up to the painted brick facade, introducing a contemporary interior showcasing chic fixtures and fittings, creating a home ideally suited for today’s preferences. Entering the home you are greeted with an inviting staircase and an open concept living space, suitable for use as a sitting room, formal dining area, or a combination of both. Natural light streams in from all windows, owing to the home’s south facing exposure. Stunning natural oak floors establish cohesion throughout, while extensive moldings showcase the craftsmanship gone into the home. The newly renovated kitchen is a chef’s dream, with white raised-panel cabinetry, gas range, a full suite of stainless-steel appliances, stylish mosaic tile backsplash, and gorgeous quartz countertops. A bar area with built-in wine cooler perfectly complements the bar seating connecting kitchen and living area. Also on the main level, through a sliding barn door, sits a bedroom complete with French doors leading onto the rear patio offering a layer of convenience, while an accompanying full bath completes this level’s offerings. Upstairs, a living room with built-in bookshelves and cozy wood burning fireplace set the ambiance for curling up with a good novel. The generously proportioned primary bedroom is a true sanctuary, aided by a fully renovated spa-inspired bath complete with double marble vanities, tiled floor, walk-in shower, and conveniently located laundry facilities. With private outdoor access, the basement has potential to be an income-generating opportunity amongst endless possibilities, not limited to private storage or a dedicated fitness center. Out back, the intimate patio area is spacious yet totally private, offering a rare slice of nature in the heart of the city. With its recent upgrades and updated mechanical systems, including two-year-old HVAC, 602 Independence Avenue SE is the perfect blend of a thoroughly modernized home behind a classical veneer situated in an incomparable location.
Last Agent to Sell the Property
TTR Sotheby's International Realty License #681976 Listed on: 03/16/2022
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $6,469
Year Built
- Built in 1908 | Remodeled in 2017
Lot Details
- 1,050 Sq Ft Lot
- Privacy Fence
- Back Yard Fenced
- Historic Home
- Property is in excellent condition
Parking
- On-Street Parking
Home Design
- Federal Architecture
- Brick Exterior Construction
- Brick Foundation
- Plaster Walls
- Metal Roof
- Concrete Perimeter Foundation
Interior Spaces
- Property has 2 Levels
- Open Floorplan
- Built-In Features
- Bar
- Chair Railings
- Crown Molding
- Ceiling Fan
- Skylights
- Recessed Lighting
- Wood Burning Fireplace
- Fireplace Mantel
- French Doors
- Combination Kitchen and Dining Room
- Wood Flooring
- City Views
- Unfinished Basement
- Front and Rear Basement Entry
Kitchen
- Gourmet Kitchen
- Gas Oven or Range
- Range Hood
- Dishwasher
- Stainless Steel Appliances
- Upgraded Countertops
- Disposal
Bedrooms and Bathrooms
- Bathtub with Shower
- Walk-in Shower
Laundry
- Laundry on upper level
- Dryer
- Washer
Outdoor Features
- Patio
Utilities
- Central Air
- Cooling System Mounted In Outer Wall Opening
- Wall Furnace
- Hot Water Heating System
- Electric Water Heater
Listing and Financial Details
- Tax Lot 881
- Assessor Parcel Number 0870//0881
Community Details
Overview
- No Home Owners Association
- Capitol Hill Subdivision
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 16, 2022
Closed on
Apr 19, 2022
Sold by
Sekar Sriram C
Bought by
Magnant Chelsea
Seller's Agent
Daniel Heider
TTR Sotheby's International Realty
Buyer's Agent
John Mentis
Long & Foster Real Estate, Inc.
List Price
$924,999
Sold Price
$1,000,000
Premium/Discount to List
$75,001
8.11%
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
-$97,625
Avg. Annual Appreciation
-1.26%
Original Mortgage
$786,250
Outstanding Balance
$750,732
Interest Rate
5%
Mortgage Type
Balloon
Estimated Equity
$207,312
Purchase Details
Closed on
Nov 11, 2020
Sold by
Sekar Sriram C and Sekar Radha
Bought by
Sekar Sriam C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$423,000
Interest Rate
2.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Listed on
Apr 13, 2017
Closed on
Jun 15, 2017
Sold by
Moore Stephene A
Bought by
Sekar Sriram C and Sekar Radha
Seller's Agent
Joel Nelson
Keller Williams Capital Properties
Buyer's Agent
Carl Tugberk
TTR Sotheby's International Realty
List Price
$740,000
Sold Price
$758,750
Premium/Discount to List
$18,750
2.53%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.88%
Original Mortgage
$424,100
Interest Rate
4.02%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Jun 25, 1998
Sold by
Longstreet Robert A P
Bought by
Provance Michael D and Provance Corliss E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,650
Interest Rate
7.09%
Mortgage Type
New Conventional
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 |
|---|---|---|---|
| Magnant Chelsea | $1,000,000 | New Title Company Name | |
| Sekar Sriam C | -- | None Available | |
| Sekar Sriram C | $758,750 | Kvs Title Llc | |
| Provance Michael D | $209,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Magnant Chelsea | $786,250 | |
| Previous Owner | Sekar Sriam C | $423,000 | |
| Previous Owner | Sekar Sriram C | $424,100 | |
| Previous Owner | Moore Dennis W | $246,450 | |
| Previous Owner | Moore Dennis W | $265,200 | |
| Previous Owner | Provance Michael D | $177,650 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/20/2022 04/20/22 | Sold | $1,000,000 | +8.1% | $977 / Sq Ft |
| 03/21/2022 03/21/22 | Pending | -- | -- | -- |
| 03/16/2022 03/16/22 | For Sale | $924,999 | +21.9% | $903 / Sq Ft |
| 06/19/2017 06/19/17 | Sold | $758,750 | +2.5% | $652 / Sq Ft |
| 04/18/2017 04/18/17 | Pending | -- | -- | -- |
| 04/13/2017 04/13/17 | For Sale | $740,000 | -- | $636 / 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 | $7,075 | $919,450 | $584,980 | $334,470 |
| 2023 | $6,964 | $903,330 | $581,080 | $322,250 |
| 2022 | $6,657 | $861,920 | $559,490 | $302,430 |
| 2021 | $6,470 | $837,490 | $553,950 | $283,540 |
| 2020 | $6,287 | $815,320 | $534,330 | $280,990 |
| 2019 | $5,750 | $751,270 | $485,840 | $265,430 |
| 2018 | $5,346 | $702,310 | $0 | $0 |
| 2017 | $5,944 | $699,350 | $0 | $0 |
| 2016 | $5,599 | $658,680 | $0 | $0 |
| 2015 | $5,105 | $600,640 | $0 | $0 |
| 2014 | $4,537 | $533,710 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Daniel Heider
-
Jennifer Tugberk
Seller Co-Listing Agent in 2022
Jennifer Tugberk
TTR Sotheby's International Realty
(301) 502-4436
1 in this area
24 Total Sales
-
John Mentis
Buyer's Agent in 2022
John Mentis
Long & Foster
(202) 549-0081
3 in this area
139 Total Sales
-
Joel Nelson
Seller's Agent in 2017
Joel Nelson
Keller Williams Capital Properties
(240) 855-4036
131 in this area
349 Total Sales
-
Carl Tugberk
Buyer's Agent in 2017
Carl Tugberk
TTR Sotheby's International Realty
(301) 518-2499
Map
Source: Bright MLS
MLS Number: DCDC2038036
APN: 0870-0881
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