$509,000
SOLD OCT 2, 2024
1 Bed
1 Bath
740 Sq Ft
$621/mo HOA Fee

Recently Sold

$688 Per Sq Ft

1% Below List Price

37 Days on Market

Highlights

  • Penthouse
  • 2-minute walk to Archives-Navy Memorial
  • Community Pool
  • Thomson Elementary School Rated A-
  • Contemporary Architecture
  • Stainless Steel Appliances

About This Home

As of October 2024

CORNER PENTHOUSE, GREAT VIEW & LOCATION, PLUS HUGE OPPORTUNITY TO BUY AT A LOW RATE OF 4.25% ON AN ASSUMABLE FHA MORTGAGE WITH SELLER'S CURRENT MONTHLY PAYMENT AT $3083/MO (PITI); LOAN BALANCE $473k MEANS ONLY $36K DOWN!
This is a light-filled, spacious, recently updated corner penthouse with 2 walls of floor to ceiling glass opening onto balconies that overlook the city and the lush courtyard. The kitchen features updated cabinets with soft-close doors & drawers, a beautiful marble backsplash, granite countertops, gas cooking and stainless steel appliances. In unit laundry is just off the kitchen in a large closet. The bathroom features a large walk-in shower and recently updated cabinetry with soft-close doors & drawers. The bedroom has it's own balcony overlooking the courtyard and features an enormous walk-in closet with clever and convenient built-ins making organization a breeze.
The Lafayette offers loads of amenities including: 24/7 concierge, 2 fitness centers, a roof top with pool, gardens & BBQ's and stunning views of the Monument and July 4th fireworks, garage parking & storage available for rent, a lush courtyard with fountain, a private 20 seat home theater room, and a business center, a bike room and wifi in all common areas. The common areas are all being renovated with the hallways and patios completed and the lobby areas next.
The location is exceptional with 4 Jose Andres restaurants within 1 block and the National Mall just 2 blocks away. Penn Quarter is a vibrant downtown area with many restaurants and bars, the E St cinema, playhouses such as Woolly Mammoth Theatre housed in the building, The Shakespeare Theatre and Sidney Harmon Hall, and nearby attractions such as Smithsonian museums, Chinatown restaurants and Capital One arena. Also easy in and out of the city using metro or the very close 395 underpass.
THIS IS PERFECT CITY LIVING AT AN UNBEATABLE 4.25% INTEREST RATE ON A $473K LOAN BALANCE AND A 7.6% DOWNPAYMENT AT LIST PRICE!

Last Agent to Sell the Property

Erin Mara

Real Broker, LLC

Real Broker, LLC

Last Buyer's Agent

Bethany Stalder

KW Metro Center License #0225216870

KW Metro Center

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,430

Year Built

  • Built in 2004

Lot Details

  • South Facing Home
  • Property is in excellent condition

HOA Fees

  • $621 Monthly HOA Fees

Parking

  • 200 Car Attached Garage
  • Basement Garage

Home Design

  • Penthouse
  • Contemporary Architecture
  • Flat Roof Shape
  • Permanent Foundation
  • Slab Foundation
  • Rigid Insulation
  • Concrete Roof
  • Concrete Perimeter Foundation
  • Masonry

Interior Spaces

  • 740 Sq Ft Home
  • Property has 1 Level

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Front Loading Dryer
  • ENERGY STAR Qualified Washer

Utilities

  • Forced Air Heating and Cooling System
  • Air Source Heat Pump
  • 110 Volts
  • Electric Water Heater
  • Public Septic

Additional Features

  • Accessible Elevator Installed
  • Energy-Efficient Windows

Listing and Financial Details

  • Tax Lot 2170
  • Assessor Parcel Number 0457//2170

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, management, pool(s), water, recreation facility
  • 3 Elevators
  • High-Rise Condominium
  • Built by JPI
  • Central Community
  • Penn Quarter Subdivision
  • Property Manager

Recreation

Pet Policy

  • Limit on the number of pets

Security

  • Front Desk in Lobby

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,430

Year Built

Built in 2004

Lot Details

0

HOA Fees

$621 per month

Parking

200

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Contemporary
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-05-16
  • Federal Flood Zone: No
  • Year Built: 2004
  • Automatically Close On Close Date: No
  • Remarks Public: CORNER PENTHOUSE, GREAT VIEW & LOCATION, PLUS HUGE OPPORTUNITY TO BUY AT A LOW RATE OF 4.25% ON AN ASSUMABLE FHA MORTGAGE WITH SELLER'S CURRENT MONTHLY PAYMENT AT $3083/MO (PITI); LOAN BALANCE $473k MEANS ONLY $36K DOWN! This is a light-filled, spacious, recently updated corner penthouse with 2 walls of floor to ceiling glass opening onto balconies that overlook the city and the lush courtyard. The kitchen features updated cabinets with soft-close doors & drawers, a beautiful marble backsplash, granite countertops, gas cooking and stainless steel appliances. In unit laundry is just off the kitchen in a large closet. The bathroom features a large walk-in shower and recently updated cabinetry with soft-close doors & drawers. The bedroom has it's own balcony overlooking the courtyard and features an enormous walk-in closet with clever and convenient built-ins making organization a breeze. The Lafayette offers loads of amenities including: 24/7 concierge, 2 fitness centers, a roof top with pool, gardens & BBQ's and stunning views of the Monument and July 4th fireworks, garage parking & storage available for rent, a lush courtyard with fountain, a private 20 seat home theater room, and a business center, a bike room and wifi in all common areas. The common areas are all being renovated with the hallways and patios completed and the lobby areas next. The location is exceptional with 4 Jose Andres restaurants within 1 block and the National Mall just 2 blocks away. Penn Quarter is a vibrant downtown area with many restaurants and bars, the E St cinema, playhouses such as Woolly Mammoth Theatre housed in the building, The Shakespeare Theatre and Sidney Harmon Hall, and nearby attractions such as Smithsonian museums, Chinatown restaurants and Capital One arena. Also easy in and out of the city using metro or the very close 395 underpass. THIS IS PERFECT CITY LIVING AT AN UNBEATABLE 4.25% INTEREST RATE ON A $473K LOAN BALANCE AND A 7.6% DOWNPAYMENT AT LIST PRICE!
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Dryer - Front Loading, Energy Star Clothes Washer, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Water Heater
  • Entry Floor: 12
  • Window Features: Energy Efficient
  • Fireplace: No
  • Elevators Count: 3
  • Foundation Details: Permanent, Slab, Concrete Perimeter
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Room Count: 3
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 740
  • Living Area Sq Ft: 740
  • Price Per Sq Ft: 687.84
  • Above Grade Finished Sq Ft: 740
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 631

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
  • Construction Materials: Concrete, Masonry, Rigid Insulation, Block
  • Roof: Flat, Concrete
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 200.00
  • Garage: Yes
  • Garage Features: Basement Garage
  • Attached Garage Spaces: 200
  • Total Garage And Parking Spaces: 200
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s), Central A/C
  • Electric Service: 110 Volts
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s), Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Desk In Lobby
  • Sewer/Septic System: Public Septic
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 621.26
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Management, Pool(s), Water, Recreation Facility
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Outdoor Living Structures: Balconies- Multiple
  • Property Condition: Excellent
  • Soil Types: Clay
  • Year Assessed: 2023
  • Zoning: D6R
  • In City Limits: Yes

Building Info

  • Builder Name: JPI

Rental Info

  • Pets: Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 3430.00
  • Assessor Parcel Number: 0457//2170
  • Tax Lot: 2170
  • Tax Total Finished Sq Ft: 740
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 10/02/2024

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2024 10/02/24 Sold $509,000 0.0% $688 / Sq Ft
06/23/2024 06/23/24 Pending -- -- --
06/12/2024 06/12/24 Price Changed $509,000 -0.6% $688 / Sq Ft
05/16/2024 05/16/24 For Sale $512,000 +2.0% $692 / Sq Ft
04/21/2022 04/21/22 Sold $502,000 -1.6% $678 / Sq Ft
03/30/2022 03/30/22 Pending -- -- --
03/01/2022 03/01/22 For Sale $510,000 -- $689 / Sq Ft
Source: Bright MLS

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 $3,379 $499,760 $149,930 $349,830
2023 $3,430 $502,260 $150,680 $351,580
2022 $3,422 $495,090 $148,530 $346,560
2021 $3,359 $484,850 $145,450 $339,400
2020 $3,349 $469,740 $140,920 $328,820
2019 $3,281 $460,830 $138,250 $322,580
2018 $3,295 $460,970 $0 $0
2017 $3,294 $459,970 $0 $0
2016 $3,131 $440,100 $0 $0
2015 $2,943 $431,650 $0 $0
2014 $2,568 $387,540 $0 $0
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $492,907 New Conventional
Previous Owner $492,907 FHA
Previous Owner $393,890 New Conventional
Previous Owner $322,500 New Conventional
Previous Owner $289,500 New Conventional
Previous Owner $242,320 New Conventional
Source: Public Records

Deed History

Date Type Sale Price Title Company
Deed $509,000 None Listed On Document
Deed $502,000 Old Republic Title
Special Warranty Deed $463,400 None Available
Warranty Deed $302,900 --
Source: Public Records

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Source: Bright MLS

MLS Number: DCDC2141682

Bright MLS

APN: 0457-2170