NOT LISTED FOR SALE

Estimated Value: $943,000 - $1,174,000

3 Beds
1.5 Baths
2,360 Sq Ft
$444/Sq Ft Est. Value

Last Sold February 05, 2024

Last sale price $1,020,000 $432 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $6,636/month

2 Days on Market

Highlights

  • No HOA
  • Hot Water Heating System
  • 2-minute walk to Swampoodle Park
  • Stuart-Hobson Middle School Rated A-

About This Home

As of February 2024

1008 4th St NE, zoned RF-1; represents a unique development opportunity.

CONDO CONVERSION WITH APPROVED PERMITS - - -
TOTAL PERMITTED PROJECT: 4320 SQ FT, Wide enough for 2 door at the entrance level
2 UNITS WITH EACH 2000+ SQ FT
UNIT #1 - 3BR 3.5 BATH
UNIT #2 - 3 BR 3.5 BATH

Fantastic and rare investment opportunity, shovel ready with approved permit set. Located at the intersection of NOMA, Union Market, H St right near Capitol Hill with construction projects any direction you decide to look. This expansive property is ideally suited for transformation into two separate, luxurious condominiums. Per recent appraisals, is valued $1,150,000. ARV of 2 complete units in the range of $1,980,000-2,200,000, offering substantial value potential.

Last Agent to Sell the Property

CENK COSKUN

Smart Realty, LLC Listed on: 01/04/2024

Smart Realty, LLC

Last Buyer's Agent

datacorrect BrightMLS

Non Subscribing Office

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,842

Year Built

  • Built in 1923

Lot Details

  • 1,800 Sq Ft Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • J.O. Wilson Elementary School
  • Stuart-Hobson Middle School
  • Dunbar Senior High School

Utilities

  • Cooling System Utilizes Natural Gas
  • Hot Water Heating System

Listing and Financial Details

  • Tax Lot 43
  • Assessor Parcel Number 0774//0043

Community Details

Overview

  • No Home Owners Association
  • Old City #1 Subdivision

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,842

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2024-01-04
  • Federal Flood Zone: No
  • Year Built: 1923
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Fireplace: No
  • Foundation Details: Other
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 2460
  • Living Area Sq Ft: 2360
  • Price Per Sq Ft: 556.76
  • Above Grade Finished Sq Ft: 1760
  • Below Grade Finished Sq Ft: 600
  • Below Grade Sq Ft: 100
  • Total Below Grade Sq Ft: 700
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1008

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 1
  • Upper Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Natural Gas
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • Elementary School: J.O. WILSON
  • Middle School: STUART-HOBSON
  • High School: DUNBAR SENIOR
  • Elementary School Source: Listing Agent
  • High School Source: 3rd Party
  • Middle School Source: Listing Agent
  • School District Key: 121140357950
  • School District Source: 3rd Party
  • Elementary School: J.O. WILSON
  • High School: DUNBAR SENIOR
  • Middle Or Junior School: STUART-HOBSON

Lot Info

  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1800.00
  • Soil Types: Unknown
  • Year Assessed: 2022
  • Zoning: RF-1
  • Zoning Description: In the RF-1 Zone, 2 dwelling units may be located within the principal structure or 1 each in the principal structure.
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 6842.00
  • Assessor Parcel Number: 0774//0043
  • Tax Lot: 43
  • Tax Total Finished Sq Ft: 2360
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 02/05/2024

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 27, 2021
Sold by
The Estate Of Thomas Bush
Bought by
1008 4Th Ne Wdc 20002 Llc
Current Estimated Value
$1,048,708

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,136,527
Outstanding Balance
$1,037,905
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$18,329
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
1008 4Th Ne Wdc 20002 Llc $750,000 Dupont Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1008 4Th Ne Wdc 20002 Llc $1,136,527
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2024 02/05/24 Sold $1,020,000 +4.1% $432 / Sq Ft
01/19/2024 01/19/24 Price Changed $979,900 0.0% $415 / Sq Ft
01/07/2024 01/07/24 Pending -- -- --
01/04/2024 01/04/24 For Sale $979,900 -- $415 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $44,506 $890,110 $552,560 $337,550
2023 $7,306 $859,520 $544,640 $314,880
2022 $6,842 $804,940 $499,250 $305,690
2021 $6,599 $776,390 $494,300 $282,090
2020 $6,306 $741,850 $465,050 $276,800
2019 $5,915 $695,860 $438,460 $257,400
2018 $5,536 $651,340 $0 $0
2017 $1,242 $625,190 $0 $0
2016 $1,132 $555,940 $0 $0
2015 $1,030 $466,220 $0 $0
2014 $941 $406,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC2122476

Bright MLS

APN: 0774-0043