$242,500
$245,000
1.0%For more information regarding the value of a property, please contact us for a free consultation.
1 Bed
1 Bath
800 SqFt
SOLD DATE : 08/30/2021
Key Details
Sold Price $242,500
Property Type Condo
Sub Type Condo/Co-op
Listing Status Sold
Purchase Type For Sale
Square Footage 800 sqft
Price per Sqft $303
Subdivision Glover Park
MLS Listing ID DCDC2001936
Sold Date 08/30/21
Style Colonial,Contemporary
Bedrooms 1
Full Baths 1
Condo Fees $1,058/mo
HOA Y/N N
Abv Grd Liv Area 800
Originating Board BRIGHT
Year Built 1959
Annual Tax Amount $1,005
Tax Year 2020
Property Description
Come home to this top floor renovated 1BR/1BA, new kitchen w/ Stainless Steel appliances w/ built-in microwave, granite countertops, gorgeous subway tile backsplash, crown molding, pretty hardwood floors, beautiful renovated bathroom, spacious bedroom, excellent closet space, price includes a garage parking space with a Tesla electric car charger, owner rents an extra outdoor parking space for $100/month, extra storage unit also conveys. Building allows pets, has rooftop deck and exercise room. Fabulous location - near Glover Park restaurants, shops, bus lines, AU, Georgetown, Cathedral Commons.
CO-OPS ARE AN EXCELLENT VALUE: $245,000 - $24,000 (blanket mortgage, $300 monthly blanket mortgage fee is incl in co-op fee) $221,000 is the amount you calculate your dwnpymt, so 5% down, 245,000 - 11,850 = $233,150 @ 3% = $983 + 1,158 co-op fee ( incl all utilities, blanket mortgage pymt, taxes, bldg insurance, reserves, mgmt) + $111 PMI, $35, owner's insurance, total monthly pymt: $2,287 - tax deductions on mortgage interest from 1st trust & blanket mortgage, & taxes; w/ Co-ops, you own a share of stock in the bldg, so no DC recordation tax charged, 1.1% of sales price when you buy, or transfer tax, 1.1% when you sell, so closing costs are much lower than if you bought a condo, real estate taxes are typically lower than buying a condo, since the bldg is taxed & divided by the shares of stock & it's incl in the co-op fee, the price/SF is typically lower on co-ops than condos; since the sales prices are typically lower, but the SF is comprable; there are rental restrictions in Co-ops, but nice that there are more owners in the bldg; 3900 Tunlaw allows owners to rent for 1 year, if needed, with an additional $75 charged per month. Homeownership at it's BEST!
Location
State DC
County Washington
Zoning 1
Rooms
Main Level Bedrooms 1
Interior
Interior Features Ceiling Fan(s), Dining Area, Kitchen - Galley, Window Treatments, Wood Floors, Crown Moldings, Tub Shower
Hot Water Natural Gas
Heating Wall Unit, Forced Air
Cooling Ceiling Fan(s), Wall Unit
Flooring Hardwood
Equipment Built-In Microwave, Disposal, Dishwasher, Exhaust Fan, Icemaker, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances
Fireplace N
Appliance Built-In Microwave, Disposal, Dishwasher, Exhaust Fan, Icemaker, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances
Heat Source Natural Gas
Laundry Common
Exterior
Parking Features Garage Door Opener, Other
Garage Spaces 1.0
Parking On Site 1
Amenities Available Elevator, Exercise Room, Extra Storage, Laundry Facilities, Security
Water Access N
Accessibility None
Attached Garage 1
Total Parking Spaces 1
Garage Y
Building
Story 1
Unit Features Mid-Rise 5 - 8 Floors
Sewer Public Sewer
Water Public
Architectural Style Colonial, Contemporary
Level or Stories 1
Additional Building Above Grade
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Pets Allowed Y
HOA Fee Include Air Conditioning,Common Area Maintenance,Custodial Services Maintenance,Electricity,Ext Bldg Maint,Gas,Heat,Insurance,Laundry,Lawn Maintenance,Management,Parking Fee,Reserve Funds,Water,Underlying Mortgage,Trash,Taxes,Snow Removal
Senior Community No
Tax ID NO TAX RECORD
Ownership Cooperative
Security Features Intercom
Special Listing Condition Standard
Pets Allowed Size/Weight Restriction, Number Limit
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Bought with Seth S Turner • Compass
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