$241,000
$280,000
13.9%For more information regarding the value of a property, please contact us for a free consultation.
1 Bed
1 Bath
824 SqFt
SOLD DATE : 04/02/2024
Key Details
Sold Price $241,000
Property Type Condo
Sub Type Condo/Co-op
Listing Status Sold
Purchase Type For Sale
Square Footage 824 sqft
Price per Sqft $292
Subdivision Foggy Bottom
MLS Listing ID DCDC2126060
Sold Date 04/02/24
Style Other
Bedrooms 1
Full Baths 1
Condo Fees $926/mo
HOA Y/N N
Abv Grd Liv Area 824
Originating Board BRIGHT
Year Built 1958
Annual Tax Amount $1,058
Tax Year 2024
Property Description
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.
Location
State DC
County Washington
Zoning COOPERATIVE
Direction North
Rooms
Other Rooms Living Room, Kitchen, Bedroom 1, Bathroom 1
Main Level Bedrooms 1
Interior
Interior Features Dining Area, Wood Floors
Hot Water Natural Gas
Heating Central
Cooling Central A/C
Equipment Dishwasher, Disposal, Oven/Range - Gas, Refrigerator
Fireplace N
Appliance Dishwasher, Disposal, Oven/Range - Gas, Refrigerator
Heat Source Central
Laundry Common
Exterior
Utilities Available Electric Available, Water Available
Amenities Available Elevator, Exercise Room, Extra Storage, Party Room
Water Access N
Accessibility Elevator, Ramp - Main Level
Garage N
Building
Story 1
Unit Features Hi-Rise 9+ Floors
Sewer Public Sewer
Water Public
Architectural Style Other
Level or Stories 1
Additional Building Above Grade
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Pets Allowed N
HOA Fee Include Air Conditioning,Electricity,All Ground Fee,Common Area Maintenance,Custodial Services Maintenance,Ext Bldg Maint,Gas,Insurance,Laundry,Management,Sewer,Snow Removal,Taxes,Trash,Water
Senior Community No
Tax ID 0031//0837
Ownership Cooperative
Security Features Desk in Lobby,Resident Manager,24 hour security
Acceptable Financing Cash, Conventional, FHA, Other
Listing Terms Cash, Conventional, FHA, Other
Financing Cash,Conventional,FHA,Other
Special Listing Condition Standard
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Bought with Denise R Warner • Washington Fine Properties, LLC
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