Sold for $275,000

$275,000

1026 16th St NW APT 406, Washington, DC 20036

1beds

500sqft

Condominium

Built in 1923

-- sqft lot

$184,700 Zestimate^®

$550/sqft

$2,050 Estimated rent

Home value

$184,700

$150,000 - $227,000

$2,050/mo

Zestimate^® history

Owner options

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$2,050/mo

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$2,050/mo

Rent Zestimate^®

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$1,163/mo

Est. payment

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$1,163/mo

Est. payment

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What's special

Renovations Completed! Conceived in 1922 as a residence for the Cabinet, The Presidential is a grand pre-war Co-Op and listed as one of Washington's "Best Address" building located 1 block off K St. , 2 blocks from Metro, and an easy walk to Dupont & Logan Circle, The Hill and many museums and landmarks. Cozy 1 BR w/ New Kit w/ granite & stainless, updated bath. Pets welcome. Rental parking is available in 2 garages less than 1/2 a block from the property.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 1
Full bathrooms: 1
Main level bathrooms: 1
Main level bedrooms: 1

Basement

Area: 0

Heating

Forced Air, Natural Gas

Cooling

Central Air, Electric

Appliances

Included: Dishwasher, Refrigerator, Six Burner Stove, Stainless Steel Appliance(s), Gas Water Heater

Features

Built-in Features, Walk-In Closet(s), Crown Molding, Entry Level Bedroom, Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Galley, Kitchen - Gourmet, Recessed Lighting, Upgraded Countertops, 9'+ Ceilings, Tray Ceiling(s)
Flooring: Hardwood, Wood
Windows: Bay/Bow, Window Treatments
Has basement: No
Has fireplace: No

Interior area

Total structure area: 500
Total interior livable area: 500 sqft
Finished area above ground: 500
Finished area below ground: 0

Property

Parking

Parking features: Off Site

Accessibility

Accessibility features: None

Features

Levels: One
Stories: 1
Pool features: None
Has view: Yes
View description: City

Lot

Features: Urban Land Not Rated

Details

Additional structures: Above Grade, Below Grade
Parcel number: 0184//0830
Zoning: UNKNOWN
Special conditions: Standard

Construction

Type & style

Home type: Cooperative
Architectural style: Beaux Arts
Property subtype: Condominium
Attached to another structure: Yes

Materials

Brick, Concrete, Stone

Condition

New construction: No
Year built: 1923

Details

Builder name: Parsons & Hyman, Inc.

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Security: Security Guard, Main Entrance Lock, Smoke Detector(s)
Condo and coop fee: $728 monthly
Subdivision: Central / Downtown

HOA

Has HOA: No
Amenities included: Concierge, Elevator(s), Storage, Storage Bin
Services included: Air Conditioning, Water, Trash, Taxes, Sewer, Reserve Funds, Management, Laundry, Insurance, Heat, Maintenance Structure, Common Area Maintenance, Gas

Location

Region: Washington

Financial & listing details

Price per square foot: $550/sqft
Tax assessed value: $12,071,030
Annual tax amount: $101,402
Date on market: 10/12/2023
Listing agreement: Exclusive Agency
Listing terms: Conventional,Cash
Ownership: Cooperative

Price history

Date	Event	Price
2/23/2024	Sold	$275,000-8.3%$550/sqft
Source: Bright MLS #DCDC2114080 Report a problem
2/6/2024	Contingent	$300,000$600/sqft
Source: Bright MLS #DCDC2114080 Report a problem
12/28/2023	Listed for sale	$300,000$600/sqft
Source: Bright MLS #DCDC2114080 Report a problem
12/1/2023	Contingent	$300,000$600/sqft
Source: Bright MLS #DCDC2114080 Report a problem
10/27/2023	Price change	$300,000-17.8%$600/sqft
Source: Bright MLS #DCDC2114080 Report a problem
10/12/2023	Listed for sale	$365,000-8.8%$730/sqft
Source: Bright MLS #DCDC2114080 Report a problem
11/3/2022	Listing removed	$400,000$800/sqft
Source: Bright MLS #DCDC2047588 Report a problem
7/3/2022	Price change	$400,000+14.3%$800/sqft
Source: Bright MLS #DCDC2047588 Report a problem
5/13/2022	Listed for sale	$350,000-6.7%$700/sqft
Source: Bright MLS #DCDC2047588 Report a problem
12/1/2021	Listing removed	$375,000$750/sqft
Source: Bright MLS #DCDC2015852 Report a problem
9/30/2021	Listed for sale	$375,000$750/sqft
Source: Bright MLS #DCDC2015852 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2015	$101,402 +22.6%	$12,071,030 +3.4%
2014	$82,728 +8.1%	$11,679,250 +13.6%
2013	$76,561 -10.1%	$10,281,550 +7.5%
2012	$85,167 +15.3%	$9,565,880
2011	$73,851 -5%	$9,565,880
2010	$77,708 -1%	$9,565,880
2009	$78,467	$9,565,880 +1.3%
2008	$78,467 +14.6%	$9,443,910
2007	$68,499	$9,443,910 +13.2%
2006	$68,499 +27.9%	$8,345,550 +32.5%
2005	$53,554	$6,300,510