NOT LISTED FOR SALE

Estimated Value: $695,000

-- Bed
2 Baths
1,784 Sq Ft
$390/Sq Ft Est. Value

Last Sold August 18, 2023

Last sale price $1,075,000 $603 Per Sq Ft

Est. 35% decrease in value since last sale

Current estimated payment $4,482/month

34 Days on Market

Highlights

  • Colonial Architecture
  • 4-minute walk to Mount Vernon Square/7Th St-Convention Center
  • Central Heating and Cooling System
  • Eat-In Kitchen
  • More Than Two Accessible Exits
  • 2-minute walk to 7th and N Street Playground

About This Home

As of August 2023

Fantastic opportunity to own this rarely available ?fully renovated TURN-KEY ?2-Unit Building. Great way to start investing in real estate and building wealth? as you can live in one unit and rent the other, to help pay your mortgage.?This duplex? is divided into 2 separately metered units? the Main Level Unit? ?(?A?) features ?2?BD/1?.5?BA ?and the Upper Level Unit ?(B) features 2BD/1?.5?BA.? These ?fully remodeled units feature ?s?stacked W/D?'s?,recessed lights, updated kitchen with stainless steel appliances, Quartz countertops, updated bathrooms and a rear exit to the fenced in backyard.

Located in the Shaw/Mount Vernon neighborhoods with a walk score of 96 out of 100!? ?The appealing location is only a few blocks from Gallery Place /Chinatown with numerous dining and entertainment options, and close to Safeway, Apple Carnegie Library and CVS. The property is also very commuter-friendly with METRO and the Route 395 Tunnel only 2 blocks away.

Last Agent to Sell the Property

Anousha Nikjouian

Compass License #660785 Listed on: 06/28/2023

Compass

Last Buyer's Agent

Ahmad Wardak

Compass

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,922

Year Built

  • Built in 1900

Lot Details

  • 1,280 Sq Ft Lot
  • Property is in excellent condition

Parking

  • On-Street Parking

Home Design

  • 1,784 Sq Ft Home
  • Duplex
  • Colonial Architecture
  • Brick Exterior Construction
  • Slab Foundation

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater

Additional Features

  • Eat-In Kitchen
  • More Than Two Accessible Exits

Listing and Financial Details

  • Tax Lot 842
  • Assessor Parcel Number 0513//0842

Community Details

Overview

  • 2 Units
  • Mount Vernon Subdivision

Building Details

  • 2 Vacant Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,922

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2023-06-28
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Interior Amenities: Kitchen - Table Space
  • Fireplace: No
  • Foundation Details: Slab
  • Room Count: 4
  • Basement: No
  • Total Sq Ft: 1784
  • Living Area Sq Ft: 1784
  • Price Per Sq Ft: 616.59
  • Above Grade Finished Sq Ft: 1784
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1239

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

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

Schools

  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • School District Key: 121140357950
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.03
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1280.00
  • Property Condition: Excellent, Very Good, Good
  • Soil Types: Unknown
  • Year Assessed: 2022
  • Zoning: R4
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5922.00
  • Assessor Parcel Number: 0513//0842
  • Tax Lot: 842
  • Tax Total Finished Sq Ft: 1784
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 08/18/2023

Multi Family

  • Number Of Units Vacant: 2
  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2023
Closed on
Aug 17, 2023
Sold by
Do Income Fund Llc
Bought by
Soltani Kaveh
Seller's Agent
Anousha Nikjouian
Compass
Buyer's Agent
Ahmad Wardak
Compass
List Price
$1,100,000
Sold Price
$1,075,000
Premium/Discount to List
-$25,000
-2.27%
Views
17
Current Estimated Value
$695,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$380,000
Avg. Annual Appreciation
-22.07%
Original Mortgage
$806,250
Outstanding Balance
$792,168
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
-$144,168

Purchase Details

Closed on
Jun 12, 2023
Sold by
Smith Benjamin P
Bought by
Do Income Fund Llc

Purchase Details

Closed on
Oct 20, 2020
Sold by
Perry William D
Bought by
Blue Diamond Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Soltani Kaveh $1,075,000 None Listed On Document
Do Income Fund Llc $1,050,000 None Listed On Document
Blue Diamond Development Llc $700,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Soltani Kaveh $806,250
Previous Owner Blue Diamond Development Llc $790,000
Previous Owner Blue Diamond Development Llc $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2023 08/18/23 Sold $1,075,000 -2.3% $603 / Sq Ft
07/27/2023 07/27/23 For Sale $1,100,000 +2.3% $617 / Sq Ft
06/29/2023 06/29/23 Off Market $1,075,000 -- --
06/28/2023 06/28/23 For Sale $1,100,000 -- $617 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC2100716

Bright MLS

APN: 0513 0842