NOT LISTED FOR SALE

Estimated Value: $1,835,170

-- Bed
4 Baths
7,074 Sq Ft
$259/Sq Ft Est. Value

Last Sold July 09, 2024

Last sale price $3,500,000 $495 Per Sq Ft

Est. 48% decrease in value since last sale

Current estimated payment $12,431/month

37 Days on Market

Highlights

  • 0.06 Acre Lot
  • Colonial Architecture
  • No HOA
  • School Without Walls @ Francis-Stevens Rated A-
  • 13 Fireplaces
  • Central Air

About This Home

As of July 2024

Calling all investors/developers - Incredible opportunity to transform these two adjoined classic Dupont Circle 4-level row homes (formerly law offices).

PLEASE NOTE: This offering includes 1226 17th St NW. 1226 17th St NW is listed separately in MLS. (Tax ID 0159 // 0073; MLS DCDC2131050

Offered as a bundle, 1224 and 1226 17th St., NW are being offered as a shell in “As Is” condition. These properties have MU-1/DC (Dupont Circle) zoning which allows for residential (apartments, condos or single-family), multi-family, commercial, or mixed use. With a combined lot size of .06 acres (2,614 sq ft) and interior combined finished square footage of 7,074, allowing for a max floor area ratio of 4, this marquee property in sought-after Dupont Circle has enormous potential. Two tandem parking spaces with each address, for a combined four spaces. Located just a few blocks from the Dupont Circle, Farragut North and Farragut West Metro Stations and surrounded by retailers, restaurants, hotels and other neighborhood amenities. Please see disclosures for the offer information sheet and GCAAR addendum to include with offer.

Please note - these properties were formerly used as offices and are not currently configured for residential use.

Last Agent to Sell the Property

Steve Wydler

Compass Listed on: 03/25/2024

Compass

Co-Listed By

Tania Olsen

Compass

Last Buyer's Agent

Michael Hines

EXP Realty, LLC

EXP Realty, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $25,939

Year Built

  • Built in 1895

Lot Details

  • 2,614 Sq Ft Lot

Home Design

  • Colonial Architecture
  • Fixer Upper
  • Brick Exterior Construction
  • Permanent Foundation

Interior Spaces

  • 7,074 Sq Ft Home
  • Property has 4 Levels
  • 13 Fireplaces

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Private Parking
  • Parking Lot
  • Surface Parking

Schools

  • Francis - Stevens Elementary And Middle School
  • Cardozo Education Campus High School

Utilities

  • Central Air
  • Radiator
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Central Subdivision

Listing and Financial Details

  • Tax Lot 74
  • Assessor Parcel Number 0159//0074

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$25,939

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Year Built: 1895
  • Automatically Close On Close Date: No
  • Remarks Public: Calling all investors/developers - Incredible opportunity to transform these two adjoined classic Dupont Circle 4-level row homes (formerly law offices). PLEASE NOTE: This offering includes 1226 17th St NW. 1226 17th St NW is listed separately in MLS. (Tax ID 0159 // 0073; MLS DCDC2131050 Offered as a bundle, 1224 and 1226 17th St., NW are being offered as a shell in “As Is” condition. These properties have MU-1/DC (Dupont Circle) zoning which allows for residential (apartments, condos or single-family), multi-family, commercial, or mixed use. With a combined lot size of .06 acres (2,614 sq ft) and interior combined finished square footage of 7,074, allowing for a max floor area ratio of 4, this marquee property in sought-after Dupont Circle has enormous potential. Two tandem parking spaces with each address, for a combined four spaces. Located just a few blocks from the Dupont Circle, Farragut North and Farragut West Metro Stations and surrounded by retailers, restaurants, hotels and other neighborhood amenities. Please see disclosures for the offer information sheet and GCAAR addendum to include with offer. Please note - these properties were formerly used as offices and are not currently configured for residential use.
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Fireplaces Count: 13
  • Fireplace: Yes
  • Foundation Details: Permanent
  • Levels Count: 4
  • Basement: No
  • Total Sq Ft: 7074
  • Living Area Sq Ft: 7074
  • Price Per Sq Ft: 530.11
  • Above Grade Finished Sq Ft: 7074
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1224/1226

Beds/Baths

  • Total Bathrooms: 4
  • Full Bathrooms: 1
  • Half Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 2
  • Upper Level 2 Bathrooms: 1.00
  • Lower Levels Bathrooms: 2.00
  • Upper Level 2 Full Bathrooms: 1
  • Main Level Half Bathrooms: 1
  • Lower Level Half Bathroom: 2
  • Lower Level Half Bathrooms: 2

Exterior Features

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

Garage/Parking

  • Garage: No
  • Parking Features: Private, Surface
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • Elementary School: FRANCIS - STEVENS
  • Middle School: FRANCIS - STEVENS
  • High School: CARDOZO EDUCATION CAMPUS
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121140357950
  • School District Source: Listing Agent
  • Elementary School: FRANCIS - STEVENS
  • High School: CARDOZO EDUCATION CAMPUS
  • Middle Or Junior School: FRANCIS - STEVENS

Lot Info

  • Lot Size Acres: 0.06
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2614.00
  • Property Condition: Major Rehab Needed
  • Soil Types: Unknown
  • Year Assessed: 2022
  • Zoning: MU-1/DC
  • In City Limits: Yes

Rental Info

  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 25939.00
  • Assessor Parcel Number: 0159//0074
  • Tax Lot: 74
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 07/09/2024

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2024
Closed on
Jul 9, 2024
Sold by
Slover William L
Bought by
One Kare Enterprise Llc
Seller's Agent
Steve Wydler
Compass
Buyer's Agent
Michael Hines
EXP Realty, LLC
List Price
$3,750,000
Sold Price
$3,500,000
Premium/Discount to List
-$250,000
-6.67%
Views
8
Current Estimated Value
$1,835,170

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,664,830
Avg. Annual Appreciation
-49.05%
Original Mortgage
$2,470,000
Outstanding Balance
$2,451,456
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
-$750,532
Source: Public Records

Range of Values:

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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
One Kare Enterprise Llc $1,750,000 Westcor Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open One Kare Enterprise Llc $2,470,000
Previous Owner Slover William L $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2024 07/09/24 Sold $3,500,000 -6.7% $495 / Sq Ft
05/01/2024 05/01/24 Pending -- -- --
03/25/2024 03/25/24 For Sale $3,750,000 -- $530 / 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 $27,552 $1,669,830 $983,550 $686,280
2023 $28,604 $1,733,560 $964,260 $769,300
2022 $25,939 $1,572,040 $964,260 $607,780
2021 $30,449 $1,845,410 $964,260 $881,150
2020 $31,040 $1,881,210 $876,600 $1,004,610
2019 $29,472 $1,786,190 $876,600 $909,590
2018 $30,226 $1,831,870 $0 $0
2017 $30,158 $1,827,730 $0 $0
2016 $28,611 $1,733,980 $0 $0
2015 $26,000 $1,575,740 $0 $0
2014 $25,242 $1,529,840 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC2133776

Bright MLS

APN: 0159-0074