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Key Details
Sold Price $340,000
Property Type Condo
Sub Type Condo/Co-op
Listing Status Sold
Purchase Type For Sale
Square Footage 631 sqft
Price per Sqft $538
Subdivision Kalorama Triangle
MLS Listing ID DCDC2006806
Sold Date 11/05/21
Style Traditional
Bedrooms 1
Full Baths 1
Condo Fees $437/mo
HOA Y/N N
Abv Grd Liv Area 631
Originating Board BRIGHT
Year Built 1926
Annual Tax Amount $35,796
Tax Year 2020
Property Description
Bright and spacious one bedroom on a charming, tree-lined one-way street in Kalorama Triangle. NO UNDERLYING MORTAGE. The corner unit features hardwood floors, high ceilings, large open living/dining room combo with window exposure on two sides, an updated bathroom with new tile, vanity and lighting, and an updated kitchen equipped with granite countertops, gas cooking, dishwasher, microwave, island seating, new cabinets and plenty of storage. The generously-sized bedroom is filled with light and can accommodate a king-size bed. An extra assigned storage unit is included in the sale. The building also has a bike room, free laundry room, rooftop solar panels to offset water heating costs, LED lighting in the common areas, and a composting initiative. The building is pet-friendly (dogs up to 60 lbs.) and is situated within a few blocks from Kalorama Park, Adams Morgan, Rock Creek Park, multiple grocery stores (Harris Teeter/Safeway/Streets Market/Yes! Organic Market), coffee shops (Philz/Starbucks/Tryst), basketball courts, Woodley Park metro, multiple bus lines and Capital Bikeshare stations. Walk Score 96. Renting is allowed after one year of living in the unit.
Note: There is no underlying mortgage! The underlying mortgage was paid off in full when the unit was purchased in 2015. Comparable units in the building still owe approx. $12,000 over the next 5 years this unit does not.
Monthly co-op fee of $437.36 is broken down as follows: $127.41 for property taxes and $310.45 for operations, maintenance and utilities, including heat, water, sewer, additional storage and free laundry facilities. With a co-op purchase, the association pays property taxes directly to DC government. The taxes shown in the listing reflect taxes for the entire building. By comparison, with a condo purchase, the buyer/owner pays their own property taxes directly to DC government. Annual property taxes of $1529 for this unit ($127.41 x 12 = $1529) are considerably low. By comparison, a survey of similar sized/priced one-bedroom condos in Adams Morgan/Kalorama shows average annual property tax assessment of approx. $2250.
Location
State DC
County Washington
Zoning SEE MAP
Rooms
Main Level Bedrooms 1
Interior
Interior Features Breakfast Area, Ceiling Fan(s), Combination Dining/Living, Floor Plan - Open, Kitchen - Island, Tub Shower, Upgraded Countertops, Wood Floors
Hot Water Solar
Heating Radiator
Cooling Ceiling Fan(s), Window Unit(s)
Flooring Hardwood
Equipment Dishwasher, Disposal, Microwave, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances
Fireplace N
Appliance Dishwasher, Disposal, Microwave, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances
Heat Source Other
Laundry Common, Basement
Exterior
Amenities Available Laundry Facilities
Water Access N
Accessibility None
Garage N
Building
Story 1
Unit Features Garden 1 - 4 Floors
Sewer Public Septic
Water Public
Architectural Style Traditional
Level or Stories 1
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Pets Allowed Y
HOA Fee Include Common Area Maintenance,Custodial Services Maintenance,Ext Bldg Maint,Heat,Insurance,Laundry,Lawn Maintenance,Management,Reserve Funds,Sewer,Snow Removal,Taxes,Trash,Water
Senior Community No
Tax ID 2549//0856
Ownership Cooperative
Special Listing Condition Standard
Pets Description Case by Case Basis, Cats OK, Dogs OK
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Bought with Vicki K Reyes • RE/MAX Realty Centre, Inc.
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Marc DiFrancesco
Real Estate Advisor & Licensed Agent | License ID: 2183327
Real Estate Advisor & Licensed Agent License ID: 2183327