NOT LISTED FOR SALE

Estimated Value: $795,000 - $870,000

3 Beds
2 Baths
1,349 Sq Ft
$1,474/mo HOA Fee

Last Sold July 19, 2024

Last sale price $865,000 $641 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $6,743/month

19 Days on Market

Highlights

  • Concierge
  • Bar or Lounge
  • Penthouse
  • Thomson Elementary School Rated A-
  • Fitness Center
  • Contemporary Architecture

About This Home

As of July 2024

Welcome to #1215 at the Artisan in Penn Quarter - an elegant, sweeping penthouse in the middle of central DC that is move-in ready. This light-filled, three bed, two full bath 1,349 sqft oasis is well-proportioned with ample room for easy WFH/living, features an in-unit full size washer and dryer, a rare balcony, TWO car tandem parking, and two storage units! This top floor residence is situated at one end of a U-shaped building, thus providing a quiet retreat. It is flooded with soft, natural light from the 3/4 windows on three sides. The home, which has just been painted in a light, soft gray tone, features ample storage spaces and an open, full-size kitchen with upgraded stainless steel appliances. The open, welcoming layout and balanced space is perfect for entertaining, and includes a balcony for al fresco dining or relaxing. The tranquil and large primary suite includes an over-sized walk-in closet and an en-suite bathroom with spa tub. The 2nd and 3rd bedrooms are filled with light from windows on multiples sides. The second full bathroom boasts a large soaking tub with shower, storage cabinets and granite counter. The heating/cooling system was replaced one year ago and the bedrooms feature new wood floors. Two neighboring parking spaces in the underground lot convey, as well as the two storage lockers on the building's ground level – one with shelves and one without, to accommodate larger items. The amenity-rich Artisan offers the best of modern, resident-focused living: expansive rooftop area with grill, concierge with package collection, full fitness center and a lounge area with bar and kitchen. Your private residence is just steps from the vibrancy and central location of the Penn Quarter neighborhood - featuring critically-acclaimed and Michelin-starred restaurants, Smithsonian museums, the National Mall and the Capital One arena - which hosts major sports and entertainment events. The neighborhood is also home to famous theaters - Wooly Mammoth, Shakespeare and Warner - as well as international retailers H&M, Lululemon, Saks Off Fifth, Macy's, Nordstrom Rack, TJ Maxx and Marshalls. The Main DC Martin Luther King Jr. Memorial Library which was completely renovated in 2020 is a few minutes walk. Enjoy your peaceful residence as well as all of what central DC has to offer! Close proximity to Metro, Union Station, Reagan National airport, main highways and 4 stops from Amazon HQ2. Welcome home!

Last Listed By

Bridget Rigato

TTR Sotheby's International Realty License #200200681 Listed on: 06/22/2024

TTR Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,894

Year Built

  • Built in 2006

Lot Details

  • 174

HOA Fees

  • $1,474 Monthly HOA Fees

Parking

  • 2 Assigned Subterranean Spaces
  • Assigned parking located at #77,78
  • Basement Garage
  • Front Facing Garage
  • Garage Door Opener
  • On-Site Parking for Rent
  • Parking Fee

Home Design

  • Penthouse
  • Contemporary Architecture

Interior Spaces

  • 1,349 Sq Ft Home
  • Property has 1 Level
  • Intercom

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Accessible Home Design

  • Accessible Elevator Installed

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 0377//2214

Community Details

Overview

  • Association fees include gas, electricity, common area maintenance, management, reserve funds, trash
  • High-Rise Condominium
  • First Service Residential Condos
  • Central Community
  • Penn Quarter Subdivision
  • Property Manager

Amenities

  • Concierge
  • Bar or Lounge
  • Community Storage Space

Recreation

  • Fitness Center

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Security

  • Front Desk in Lobby

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,894

Year Built

Built in 2006

Lot Details

0

HOA Fees

$1,474 per month

Parking

2

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
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Year Built: 2006
  • Assigned Parking Space Numbers: 77,78
  • Remarks Public: Welcome to #1215 at the Artisan in Penn Quarter - an elegant, sweeping penthouse in the middle of central DC that is move-in ready. This light-filled, three bed, two full bath 1,349 sqft oasis is well-proportioned with ample room for easy WFH/living, features an in-unit full size washer and dryer, a rare balcony, TWO car tandem parking, and two storage units! This top floor residence is situated at one end of a U-shaped building, thus providing a quiet retreat. It is flooded with soft, natural light from the 3/4 windows on three sides. The home, which has just been painted in a light, soft gray tone, features ample storage spaces and an open, full-size kitchen with upgraded stainless steel appliances. The open, welcoming layout and balanced space is perfect for entertaining, and includes a balcony for al fresco dining or relaxing. The tranquil and large primary suite includes an over-sized walk-in closet and an en-suite bathroom with spa tub. The 2nd and 3rd bedrooms are filled with light from windows on multiples sides. The second full bathroom boasts a large soaking tub with shower, storage cabinets and granite counter. The heating/cooling system was replaced one year ago and the bedrooms feature new wood floors. Two neighboring parking spaces in the underground lot convey, as well as the two storage lockers on the building's ground level – one with shelves and one without, to accommodate larger items. The amenity-rich Artisan offers the best of modern, resident-focused living: expansive rooftop area with grill, concierge with package collection, full fitness center and a lounge area with bar and kitchen. Your private residence is just steps from the vibrancy and central location of the Penn Quarter neighborhood - featuring critically-acclaimed and Michelin-starred restaurants, Smithsonian museums, the National Mall and the Capital One arena - which hosts major sports and entertainment events. The neighborhood is also home to famous theaters - Wooly Mammoth, Shakespeare and Warner - as well as international retailers H&M, Lululemon, Saks Off Fifth, Macy's, Nordstrom Rack, TJ Maxx and Marshalls. The Main DC Martin Luther King Jr. Memorial Library which was completely renovated in 2020 is a few minutes walk. Enjoy your peaceful residence as well as all of what central DC has to offer! Close proximity to Metro, Union Station, Reagan National airport, main highways and 4 stops from Amazon HQ2. Welcome home!
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 12
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 1349
  • Living Area Sq Ft: 1349
  • Price Per Sq Ft: 666.42
  • Above Grade Finished Sq Ft: 1349
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 915

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Mixed
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Assigned Spaces Count: 2
  • Garage: Yes
  • Parking Features: Assigned, On-Site - Rent, Parking Fee
  • Garage Features: Basement Garage, Garage - Front Entry, Garage Door Opener, Inside Access, Underground
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Security: Intercom, Desk In Lobby
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 1473.60
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: First Service Residential
  • HOA Condo Co-Op Amenities: Bar/Lounge, Concierge, Elevator, Extra Storage, Fitness Center, Reserved/Assigned Parking
  • HOA Condo Co-Op Fee Includes: Gas, Electricity, Common Area Maintenance, Management, Reserve Funds, Trash
  • 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

  • Soil Types: Chillum-Urban Land Complex
  • Year Assessed: 2025
  • Zoning: 00000
  • In City Limits: Yes

Rental Info

  • Pets: Number Limit, Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Total Actual Rent: 57600.00
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 6894.22
  • Assessor Parcel Number: 0377//2214
  • Tax Year: 2024
  • Close Date: 07/19/2024

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2024
Closed on
Jul 18, 2024
Sold by
Neely Eileen A and Picardi Richard J
Bought by
Kale Yashwant and Kale Rajashri Y
Seller's Agent
Bridget Rigato
TTR Sotheby's International Realty
Buyer's Agent
Chris Fraser
Pearson Smith Realty, LLC
List Price
$899,000
Sold Price
$865,000
Premium/Discount to List
-$34,000
-3.78%
Total Days on Market
19
Views
50
Current Estimated Value
$841,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$24,000
Avg. Annual Appreciation
-3.59%

Purchase Details

Closed on
Mar 15, 2007
Sold by
Jbg/E Street Residential
Bought by
Picardi Richard J and Neely Eileen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$667,920
Interest Rate
6.4%
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
Kale Yashwant $865,000 First American Title
Picardi Richard J $834,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Picardi Richard J $636,000
Previous Owner Neely Eileen A $694,000
Previous Owner Picardi Richard J $667,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2024 07/19/24 Sold $865,000 -3.8% $641 / Sq Ft
07/11/2024 07/11/24 Pending -- -- --
06/22/2024 06/22/24 For Sale $899,000 0.0% $666 / Sq Ft
04/01/2022 04/01/22 Rented $4,200 0.0% --
03/21/2022 03/21/22 For Rent $4,200 -- --
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 $6,894 $826,260 $247,880 $578,380
2023 $6,809 $815,760 $244,730 $571,030
2022 $7,042 $842,210 $252,660 $589,550
2021 $7,028 $840,120 $252,040 $588,080
2020 $7,222 $849,640 $254,890 $594,750
2019 $6,810 $801,210 $240,360 $560,850
2018 $6,813 $801,510 $0 $0
2017 $6,854 $806,390 $0 $0
2016 $6,592 $775,510 $0 $0
2015 $6,467 $760,830 $0 $0
2014 -- $702,710 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Bright MLS

MLS Number: DCDC2146400

Bright MLS

APN: 0377-2214