NOT LISTED FOR SALE

1261 Simms Place NE Washington, DC 20002

Trinidad Neighborhood

Estimated Value: $528,000 - $694,000

-- Bed
3 Baths
4,295 Sq Ft
$148/Sq Ft Est. Value

Last Sold April 14, 2023

Last sale price $950,000 $221 Per Sq Ft

Est. 33% decrease in value since last sale

Current estimated payment $3,770/month

129 Days on Market

Highlights

  • Open Floorplan
  • Central Air
  • 4-minute walk to Trinidad Recreation Center
  • Traditional Architecture
  • Heat Pump System

About This Home

As of April 2023

Back on market - buyer could not perform! This large four unit building has three units with 2 beds and 1 bath, and one unit with 2 beds, one bath and a den. Each unit has a sizable living and dining area and features gas cooking. Three units are leased and one is vacant, all units are seperately metered. Building has a sizable basement area that can be built out for additional potential use. Coach house behind the building marketed seperately for sale!

Multiple opportunities for investors/developers in a rapidly growing area - located just blocks away from Gallaudet University, Ivy City, Union Market, and H Street! Just a mile to the NoMa Metro, and easy access to Florida and New York Avenue.

Last Agent to Sell the Property

Lance Macon

(240) 718-8023 lancemacon@metrohomelocators.com Keller Williams Preferred Properties License #SP98374214 Listed on: 11/05/2022

Keller Williams Preferred Properties

Last Buyer's Agent

Tasheika Penn

(703) 268-3119 tasheika@dutkoragen.com EXP Realty, LLC License #0225234998

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,543

Year Built

  • Built in 1943

Lot Details

  • 4,029 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • Open Floorplan
  • Crawl Space

Kitchen

  • Oven
  • Stove
  • Dishwasher

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Heat Pump System
  • Natural Gas Water Heater

Community Details

  • 4 Units
  • Trinidad Subdivision

Listing and Financial Details

  • Tax Lot 89
  • Assessor Parcel Number 4052//0089

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,543

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1943
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Oven - Single, Refrigerator, Stove, Washer, Water Heater
  • Interior Amenities: Floor Plan - Open
  • Fireplace: No
  • Foundation Details: Crawl Space, Slab
  • Total Sq Ft: 5741
  • Living Area Sq Ft: 4295
  • Price Per Sq Ft: 287.13
  • Above Grade Finished Sq Ft: 3831
  • Below Grade Finished Sq Ft: 464
  • Below Grade Sq Ft: 1446
  • Total Below Grade Sq Ft: 1910
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Spa: No
  • 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: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 569730.00
  • Land Assessed Value: 514540.00
  • Lot Size Acres: 0.09
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4029.00
  • Soil Types: Urban Land-Cristiana-Sunnysider
  • Zoning: RF-1
  • Zoning Description: A building or structure existing before May 12, 1958 in the RF-1 zone may be used for more than 2 dwelling units.
  • In City Limits: Yes

Rental Info

  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16072847
  • Tax Annual Amount: 8543.00
  • Assessor Parcel Number: 4052//0089
  • Tax Lot: 89
  • Tax Data Updated: No
  • Tax Year: 2022

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2022
Closed on
Apr 14, 2023
Sold by
Smith Kevin Gerard
Bought by
Haines Properties Llc
Seller's Agent
Lance Macon
Keller Williams Preferred Properties
Buyer's Agent
Tasheika Penn
EXP Realty, LLC
List Price
$1,200,000
Sold Price
$950,000
Premium/Discount to List
-$250,000
-20.83%
Views
154
Current Estimated Value
$633,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$316,201
Avg. Annual Appreciation
-14.31%

Purchase Details

Closed on
Dec 2, 2008
Sold by
Kevin Gerard Smith Pers R
Bought by
Smith Kevin Gerard

Purchase Details

Closed on
Dec 2, 2005
Sold by
Harrison Callie D
Bought by
Smith Kevin G

Purchase Details

Closed on
May 21, 1999
Sold by
Paige Anthony R
Bought by
Ferrel Gregory J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,151
Interest Rate
7.09%
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
Haines Properties Llc $250,000 None Listed On Document
Smith Kevin Gerard -- --
Smith Kevin G $27,000 --
Ferrel Gregory J $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ferrel Gregory J $109,151
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/14/2023 04/14/23 Sold $950,000 -13.6% $221 / Sq Ft
03/14/2023 03/14/23 Pending -- -- --
02/17/2023 02/17/23 Price Changed $1,100,000 -8.3% $256 / Sq Ft
11/05/2022 11/05/22 For Sale $1,200,000 -- $279 / 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
2025 $5,071 $596,580 $338,090 $258,490
2024 $5,223 $614,420 $336,420 $278,000
2023 $5,076 $597,150 $329,040 $268,110
2022 $4,746 $558,350 $305,710 $252,640
2021 $4,433 $521,530 $295,000 $226,530
2020 $4,358 $512,760 $281,980 $230,780
2019 $4,047 $476,060 $252,550 $223,510
2018 $3,603 $423,830 $0 $0
2017 $3,275 $385,320 $0 $0
2016 $3,097 $364,320 $0 $0
2015 $2,746 $323,050 $0 $0
2014 $2,142 $251,990 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lance Macon

    Seller's Agent in 2023

    Lance Macon

    Keller Williams Preferred Properties

    (240) 718-8023

    2 in this area

    53 Total Sales

    Lance Macon
    Section Image
  • Tasheika Penn

    Buyer's Agent in 2023

    Tasheika Penn

    EXP Realty, LLC

    (703) 268-3119

    2 in this area

    72 Total Sales

    Tasheika Penn
    Section Image
  • Corey Dutko

    Buyer Co-Listing Agent in 2023

    Corey Dutko

    EXP Realty, LLC

    (571) 249-3551

    1 in this area

    102 Total Sales

    Corey Dutko
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DCDC2074226

Bright MLS

APN: 4052-0104

District of Columbia District of Columbia County Washington 20002 Trinidad

1261 Simms Place NE, Washington, DC

Not Listed for Sale

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