NOT LISTED FOR SALE

Estimated Value: $316,000 - $318,818

1 Bed
1 Bath
748 Sq Ft
$731/mo HOA Fee

Last Sold July 19, 2022

Last sale price $340,000 $455 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $2,768/month

42 Days on Market

Highlights

  • Fitness Center
  • 1-minute walk to Gallery Place-Chinatown
  • Premium Lot
  • Thomson Elementary School Rated A-
  • Open Floorplan
  • 5-minute walk to Chinatown Park

About This Home

As of July 2022

The convenience of living in the heart of downtown combines with all the sought-after upgrades of today’s buyers to create an ideal home for true downtown Washingtonian living! The Residences at Gallery Place offer luxurious amenities, including a 24 hour front desk, outdoor terrace, fitness center, community room and bike storage. -------
A welcoming foyer with large closet opens to the kitchen, and the dining and living area. The updated kitchen offers granite countertops, handsome maple shaker style cabinetry and a breakfast bar, perfect for informal dining. This kitchen is open to the sunny living and dining area and features brand new carpeting, crown molding, and recessed lighting. -------
The primary bedroom is awash with natural light through a wall of floor-to-ceiling windows, offering an exciting glimpse of the Washington Monument. It is spacious and offers generous closet space. The fully updated bathroom boasts a granite top vanity and ceramic tile bath. All the other must-have items are here as well – a washer and dryer in unit, central air, extra storage and more. --------
The Residences at Gallery Place were delivered in 2005 and is a 192-unit luxury mid-rise building in the heart of Penn Quarter. The liveliness of Gallery Place and all its offerings are right outside. There are a plethora of shops and restaurants within a block radius of this unit. It is also convenient to multiple grocery and convenience stores. The Residences at Gallery Place directly above the Gallery Place-Chinatown Metro, making this an amazing location for any urban dweller!

Last Listed By

Joe Himali

RLAH @properties License #520623 Listed on: 04/28/2022

RLAH @properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,050

Year Built

  • Built in 2005

Lot Details

  • West Facing Home
  • Level Lot
  • Historic Home
  • Property is in very good condition

HOA Fees

  • $731 Monthly HOA Fees

Home Design

  • Permanent Foundation
  • Slab Foundation
  • Stone Siding

Interior Spaces

  • 748 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Crown Molding
  • Recessed Lighting
  • Double Door Entry
  • Combination Dining and Living Room

Kitchen

  • Eat-In Galley Kitchen
  • Electric Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Upgraded Countertops

Flooring

  • Wall to Wall Carpet
  • Tile or Brick
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • En-Suite Primary Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Stacked Electric Washer and Dryer

Improved Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Space For Rooms

Schools

  • Thomson Elementary School
  • Jefferson Middle School
  • Cardozo Education Campus High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • Accessible Elevator Installed
  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Tax Lot 2096
  • Assessor Parcel Number 0455//2096

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, high speed internet, management, sewer, water, trash
  • 192 Units
  • High-Rise Condominium
  • The Residences At Gallery Place Condos
  • Central Community
  • Gallery Place Subdivision
  • Property Manager

Amenities

  • Community Center
  • Meeting Room
  • Party Room
  • Community Storage Space

Recreation

Pet Policy

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

Security

  • Front Desk in Lobby
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,050

Year Built

Built in 2005

Lot Details

0

HOA Fees

$731 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Unit/Flat
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Historic: Yes
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2005
  • Automatically Close On Close Date: No
  • Remarks Public: The convenience of living in the heart of downtown combines with all the sought-after upgrades of today’s buyers to create an ideal home for true downtown Washingtonian living! The Residences at Gallery Place offer luxurious amenities, including a 24 hour front desk, outdoor terrace, fitness center, community room and bike storage. ------- A welcoming foyer with large closet opens to the kitchen, and the dining and living area. The updated kitchen offers granite countertops, handsome maple shaker style cabinetry and a breakfast bar, perfect for informal dining. This kitchen is open to the sunny living and dining area and features brand new carpeting, crown molding, and recessed lighting. ------- The primary bedroom is awash with natural light through a wall of floor-to-ceiling windows, offering an exciting glimpse of the Washington Monument. It is spacious and offers generous closet space. The fully updated bathroom boasts a granite top vanity and ceramic tile bath. All the other must-have items are here as well – a washer and dryer in unit, central air, extra storage and more. -------- The Residences at Gallery Place were delivered in 2005 and is a 192-unit luxury mid-rise building in the heart of Penn Quarter. The liveliness of Gallery Place and all its offerings are right outside. There are a plethora of shops and restaurants within a block radius of this unit. It is also convenient to multiple grocery and convenience stores. The Residences at Gallery Place directly above the Gallery Place-Chinatown Metro, making this an amazing location for any urban dweller!
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Dryer, Dryer - Electric, Microwave, Oven/Range - Electric, Refrigerator, Washer, Washer/Dryer Stacked
  • Entry Floor: 8
  • Flooring Type: Carpet, Ceramic Tile, Fully Carpeted, Tile/Brick
  • Interior Amenities: Carpet, Combination Dining/Living, Crown Moldings, Dining Area, Flat, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Galley, Recessed Lighting, Tub Shower, Upgraded Countertops
  • Fireplace: No
  • Door Features: Double Entry
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Permanent, Slab
  • Floors In Unit Count: 1
  • Levels Count: 1
  • Room Count: 5
  • Room List: Living Room, Dining Room, Primary Bedroom, Kitchen, Foyer
  • Basement: Yes
  • Basement Type: Full, Improved, Interior Access, Space For Rooms
  • Laundry Type: Dryer In Unit, Has Laundry, Washer In Unit
  • Total Sq Ft: 748
  • Living Area Sq Ft: 748
  • Price Per Sq Ft: 493.32
  • Above Grade Finished Sq Ft: 748
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 777

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: Stone
  • Exterior Features: Exterior Lighting, Sidewalks, Street Lights
  • Road Surface Type: Black Top, Paved
  • Spa: No
  • View: Street
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Desk In Lobby, Main Entrance Lock, Resident Manager
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public
  • Municipal Trash: No
  • Internet Services: Fiber Optic

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 731.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: The Residences at Gallery Place
  • HOA Condo Co-Op Amenities: Community Center, Elevator, Exercise Room, Fitness Center, Meeting Room, Party Room, Extra Storage
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, High Speed Internet, Management, Sewer, Water, Trash
  • HOA Condo Co-Op Management Type: Professional - Off-Site, Professional - On-Site
  • HOA: No
  • Senior Community: No

Schools

  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • Elementary School: THOMSON
  • Middle School: JEFFERSON
  • High School: CARDOZO EDUCATION CAMPUS
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121140357950
  • School District Source: Listing Agent
  • Elementary School: THOMSON
  • High School: CARDOZO EDUCATION CAMPUS
  • Middle Or Junior School: JEFFERSON

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 312670.00
  • Land Assessed Value: 134000.00
  • Lot Features: Level, Premium
  • Property Condition: Very Good
  • Soil Types: Urban Land Not Rated
  • Year Assessed: 2021
  • Zoning: D-6-R
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Cats Ok, Dogs Ok, Number Limit, Size/Weight Restriction
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 16142192
  • Tax Annual Amount: 3050.00
  • Assessor Parcel Number: 0455//2096
  • Tax Lot: 2096
  • Tax Total Finished Sq Ft: 748
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 07/19/2022

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2022
Closed on
Jul 15, 2022
Sold by
Daniel Killingsworth
Bought by
Ross Michelle
Seller's Agent
Joe Himali
RLAH @properties
Buyer's Agent
Maxwell Rabin
TTR Sotheby's International Realty
List Price
$369,000
Sold Price
$340,000
Premium/Discount to List
-$29,000
-7.86%
Total Days on Market
42
Current Estimated Value
$317,205

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$22,795
Avg. Annual Appreciation
-2.31%
Original Mortgage
$272,000
Outstanding Balance
$260,897
Interest Rate
4.63%
Mortgage Type
New Conventional
Estimated Equity
$57,834

Purchase Details

Listed on
Aug 26, 2016
Closed on
Sep 22, 2016
Sold by
Yuan Jason C and Yuan Margaret W
Bought by
Killingsworth Daniel
Seller's Agent
Mark Hudson
Corcoran McEnearney
Buyer's Agent
Mark Hudson
Corcoran McEnearney
List Price
$413,000
Sold Price
$413,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.29%

Purchase Details

Closed on
Apr 22, 2005
Sold by
Yuan Jason C
Bought by
Residences At Gallery Place

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
Ross Michelle $340,000 First American Title
Killingsworth Daniel $413,000 Tradition Title Llc
Residences At Gallery Place $307,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ross Michelle $272,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2022 07/19/22 Sold $340,000 -7.9% $455 / Sq Ft
04/29/2022 04/29/22 For Sale $369,000 +8.5% $493 / Sq Ft
04/29/2022 04/29/22 Off Market $340,000 -- --
04/28/2022 04/28/22 For Sale $369,000 -10.7% $493 / Sq Ft
09/22/2016 09/22/16 Sold $413,000 0.0% $552 / Sq Ft
08/26/2016 08/26/16 Pending -- -- --
08/26/2016 08/26/16 For Sale $413,000 0.0% $552 / Sq Ft
02/27/2015 02/27/15 Rented $2,200 -2.2% --
02/27/2015 02/27/15 Under Contract -- -- --
12/05/2014 12/05/14 For Rent $2,250 -- --
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 $3,243 $396,670 $119,000 $277,670
2023 $3,590 $437,110 $131,130 $305,980
2022 $3,011 $446,670 $134,000 $312,670
2021 $3,051 $448,560 $134,570 $313,990
2020 $3,162 $447,650 $134,290 $313,360
2019 $3,130 $443,070 $132,920 $310,150
2018 $3,144 $443,200 $0 $0
2017 $3,178 $446,320 $0 $0
2016 $3,630 $427,000 $0 $0
2015 $3,560 $418,820 $0 $0
2014 -- $364,260 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Bright MLS

MLS Number: DCDC2045538

Bright MLS

APN: 0455-2096