111/2475 Virginia Avenue Northwest

Washington DC 20037

824 sq. ft.

Condo

Last sold for $241,000

Claudette Davis, last sold this property on 02 April 2024 after 57 days on market.

Overview

This Potomac Plaza Apartments Cooperative (PPAC) unit is a spacious, sun-filled first floor one bedroom with one bath apartment with large windows, roof deck with panoramic views over the city and the river, on-site maintenance team, ample storage in the heart of Foggy Bottom. This Unit #111 include hardwood flooring in the living room, bedroom and hallway; two year old kitchen stove/oven and dishwasher, a Kohler enameled cast iron self rimming sink and fresh paint. The northern exposure provides natural light all day. Other features include two living room closets and a large window; galley kitchen with laminate flooring, microwave, gas cook stove, a generous number of cabinets; the spacious bedroom boasts two closets and a large window; the full bathroom has a tub with a shower, a linen closet, wall tiles and floor tiles. Potomac Plaza is a cooperative residence and not an investment property. There is a 2-year ownership requirement before renting, a 20% building rental cap, a 5-year rental limit, and a monthly surcharge on the monthly maintenance fees during each year an apartment is rented. The review and approval process for cash and mortgaged purchases are the same. It takes at least 15 business days to complete the entire process from receipt of application through board approval for both purchase and lease, if all the required documentation is provided at the onset. The PPAC is close to shopping, nightlife, restaurants, bus lines, the Foggy Bottom Metro station, the State Department, the Kennedy Center, the Watergate, GW campus, Rock Creek Park, and the National Mall. Just minutes to Northern VA, Rock Creek Park bike/jogging trails, Georgetown Waterfront. The co-op fee includes District of Columbia real estate taxes, master insurance, water and sewer, storage unit, gas, electricity, trash and recycling. Does not include phone and/or cable. The building provides amenities such as meeting/conference room, WIFI in all common areas, a fitness center with weight machines, ellipticals, stationary bikes, treadmills, mirrored walls and mats; laundry facilities with washers, dryers and utility tub, extra storage space on the lower level, rooftop deck, 24-hour concierge, underground parking garage where owners can rent a space for $220 per month and so much more. The community Walk Score is 96. This are no pets allowed except for service animals. This is a nonsmoking building.

Features

1 bedroom

1 bathroom

824 sq. ft. floor area

Condo

Estimated Value

Based on this property and similar 1 bedroom condos sold in Washington over the last 12 months, the estimated median property value of 111/2475 Virginia Avenue Northwest is $415k.

Median value

$415k

Estimated value range

$181k - $1.22m

Median days on market

Estimated value trend

-5%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Washington. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 111/2475 Virginia Avenue Northwest

2024

Sold

$241,000

02 Apr 2024 by Claudette Davis, of Samson Properties

Happy sellers in Washington

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