NOT LISTED FOR SALE

1242 Faraday Place NE Washington, DC 20017

Michigan Park Neighborhood

Estimated Value: $511,000 - $587,017

3 Beds
3.5 Baths
1,680 Sq Ft
$320/Sq Ft Est. Value

Last Sold October 27, 2023

Last sale price $563,000 $335 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $3,169/month

132 Days on Market

Highlights

  • Bonus Room
  • Community Pool
  • Doors swing in
  • No HOA
  • More Than Two Accessible Exits
  • Forced Air Heating and Cooling System

About This Home

As of October 2023

This home could be yours for as little as 3% down WITH NO PMI!

NEWLY RENOVATED! 3BR/3.5BA with Basement Bonus Room & separate exterior entrance. Lots of natural light pours into this home. New open concept LR/DR/kitchen with curved island. The Primary bedroom has its own bathroom. The lower level is finished with new flooring, recessed lighting, a full bath & a Bonus Room that can easily be used as a 4th Bedroom.

The possibilities for the lower level are endless... Airbnb, rental, guests, aging parents, au pair quarters or running your small business from home. It has its own entrance with easy access to two off street parking spots.

A few minutes from up and coming The Art Place at Fort Totten, a new destination for shopping, dining complete with a performance venue & Children’s museum. Lots of new construction ongoing nearby. Walking distance to Fort Totten's red and green lines. Just a short drive to Silver Spring, Hyattsville, downtown D.C. & 495.

Last Agent to Sell the Property

Chanel Thomas

(301) 445-1395 generalmanager@smartrealtymd.com Smart Realty, LLC Listed on: 05/26/2023

Smart Realty, LLC

Last Buyer's Agent

John J. Martinich

(866) 825-7169 va.broker@exprealty.net EXP Realty, LLC

EXP Realty, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,276

Year Built

  • Built in 1944

Lot Details

  • 1,892 Sq Ft Lot

Home Design

  • Semi-Detached or Twin Home
  • Side-by-Side
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • Bonus Room

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

  • Connecting Stairway
  • Laundry in Basement

Parking

  • 2 Parking Spaces
  • On-Street Parking

Accessible Home Design

  • Doors swing in
  • Doors with lever handles
  • Doors are 32 inches wide or more
  • More Than Two Accessible Exits

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 3909//0014

Community Details

Overview

  • No Home Owners Association
  • Michigan Park Subdivision

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,276

Year Built

Built in 1944

Lot Details

1,892 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Side-By-Side
  • Accessibility Features: 2+ Access Exits, 32"+ Wide Doors, Doors - Lever Handle(s), Doors - Swing In
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2023-06-07
  • Federal Flood Zone: No
  • Year Built: 1944
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Foundation Details: Other
  • Levels Count: 3
  • Room List: Bonus Room
  • Basement: Yes
  • Basement Type: Connecting Stairway
  • Basement Finished Percent: 100.00
  • Laundry Type: Basement, Has Laundry, Washer In Unit
  • Total Sq Ft: 1680
  • Living Area Sq Ft: 1680
  • Price Per Sq Ft: 490.98
  • Above Grade Finished Sq Ft: 1120
  • Below Grade Finished Sq Ft: 560
  • Total Below Grade Sq Ft: 560
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

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

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, On Street
  • Off Street Parking Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • 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 Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1892.00
  • Soil Types: Unknown
  • Zoning: R1
  • 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: 1276.00
  • Assessor Parcel Number: 3909//0014
  • Tax Lot: 14
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 27, 2022
Sold by
Samuel W Carson Trust
Bought by
Restoration Real Estate Llc
Current Estimated Value
$538,339

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,500
Outstanding Balance
$471,248
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
$67,091
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Restoration Real Estate Llc $415,000 Cosmopolitan Title & Escrow Se
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Restoration Real Estate Llc $488,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2023 10/27/23 Sold $563,000 +2.4% $335 / Sq Ft
09/26/2023 09/26/23 Price Changed $549,900 -4.3% $327 / Sq Ft
09/16/2023 09/16/23 Price Changed $574,900 -1.7% $342 / Sq Ft
09/15/2023 09/15/23 Price Changed $584,900 0.0% $348 / Sq Ft
08/14/2023 08/14/23 Price Changed $584,999 -1.7% $348 / Sq Ft
08/07/2023 08/07/23 Price Changed $594,999 -0.8% $354 / Sq Ft
08/02/2023 08/02/23 Price Changed $599,999 -1.6% $357 / Sq Ft
07/29/2023 07/29/23 For Sale $609,999 +8.3% $363 / Sq Ft
07/26/2023 07/26/23 Off Market $563,000 -- --
07/17/2023 07/17/23 Price Changed $609,999 -5.4% $363 / Sq Ft
07/14/2023 07/14/23 For Sale $645,000 +14.6% $384 / Sq Ft
07/14/2023 07/14/23 Off Market $563,000 -- --
07/03/2023 07/03/23 For Sale $615,000 +9.2% $366 / Sq Ft
07/03/2023 07/03/23 Off Market $563,000 -- --
06/28/2023 06/28/23 Price Changed $659,900 -1.5% $393 / Sq Ft
06/09/2023 06/09/23 Price Changed $669,900 -1.5% $399 / Sq Ft
06/08/2023 06/08/23 Price Changed $679,900 -0.7% $405 / Sq Ft
06/03/2023 06/03/23 Price Changed $684,900 -2.1% $408 / Sq Ft
05/26/2023 05/26/23 For Sale $699,900 -- $417 / Sq Ft
Source: Bright MLS

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
2025 $4,059 $567,350 $296,650 $270,700
2024 $4,088 $480,960 $295,170 $185,790
2023 $2,634 $469,300 $288,230 $181,070
2022 $1,276 $443,100 $273,390 $169,710
2021 $1,224 $424,890 $269,360 $155,530
2020 $1,169 $416,220 $264,880 $151,340
2019 $1,116 $397,540 $243,410 $154,130
2018 $1,069 $379,300 $0 $0
2017 $976 $343,750 $0 $0
2016 $890 $302,200 $0 $0
2015 $810 $262,030 $0 $0
2014 $751 $247,020 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Chanel Thomas

    Seller's Agent in 2023

    Chanel Thomas

    Smart Realty, LLC

    (202) 210-0972

    2 in this area

    29 Total Sales

    Chanel Thomas
    Section Image
  • John J. Martinich

    Buyer's Agent in 2023

    John J. Martinich

    EXP Realty, LLC

    (703) 988-1288

    1 in this area

    105 Total Sales

    John J. Martinich
    Section Image
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Map

Source: Bright MLS

MLS Number: DCDC2096676

Bright MLS

APN: 3909-0014

District of Columbia District of Columbia County Washington 20017 Michigan Park

1242 Faraday Place NE, Washington, DC

Not Listed for Sale

Townhouses

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