1875 Mintwood Place, #25

Washington, DC 20009

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.