NOT LISTED FOR SALE

1415 Ridge Place SE Washington, DC 20020

Fairlawn Neighborhood
-- Bed
4 Baths
2,626 Sq Ft
2,450 Sq Ft Lot

Last Sold July 10, 2020

Last sale price $680,000 $259 Per Sq Ft

56 Days on Market

Highlights

  • Wood Flooring
  • Hot Water Heating System
  • Property is in very good condition
  • No HOA

About This Home

As of July 2020

Rare opportunity to own a multifamily apartment in Washington DC. This well-kept 4 unit multifamily apartment is located in the heart of Anacostia, minutes away from shops, restaurants, schools. 5 minutes away from the bus stop. Easy access by bus & metro.

Last Agent to Sell the Property

Deniz Senyurt, CCIM

Coldwell Banker Realty License #677741 Listed on: 03/28/2020

Coldwell Banker Realty

Last Buyer's Agent

Yony Kifle

EXP Realty, LLC

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,962

Year Built

  • Built in 1925 | Remodeled in 2019

Lot Details

  • 2,450 Sq Ft Lot
  • Property is in very good condition

Parking

  • On-Street Parking

Home Design

  • 2,626 Sq Ft Home
  • Quadruplex
  • Brick Exterior Construction
  • Vinyl Siding

Kitchen

  • Stove

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Schools

  • Ketcham Elementary School
  • Kramer Middle School
  • Anacostia Senior High School

Utilities

  • Radiator
  • Hot Water Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • The owner pays for accounting/legal, advertising/licenses and permits, repairs, real estate taxes
  • Tax Lot 217
  • Assessor Parcel Number 5604//0217

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • 2-Story Building

Building Details

  • 1 Vacant Unit
  • Income includes apartment rentals
  • Operating Expense $9,122
  • Gross Income $50,400
  • Net Operating Income $36,238

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,962

Year Built

Built in 1925 | Remodeled in 2019

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1925
  • Year Renovated: 2019
  • Remarks Public: Rare opportunity to own a multifamily apartment in Washington DC. This well-kept 4 unit multifamily apartment is located in the heart of Anacostia, minutes away from shops, restaurants, schools. 5 minutes away from the bus stop. Easy access by bus & metro.
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Stove
  • Flooring Type: Hardwood, Vinyl, Ceramic Tile
  • Fireplace: No
  • Room Count: 3
  • Basement: No
  • Total Sq Ft: 2626
  • Living Area Sq Ft: 2626
  • Price Per Sq Ft: 266.18
  • Above Grade Finished Sq Ft: 2626
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1415

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Combination, Vinyl Siding
  • 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: No
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water, Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Main Entrance Lock
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Sewer Available, Water Available, Natural Gas Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • Elementary School: KETCHAM
  • Middle School: KRAMER
  • High School: ANACOSTIA SENIOR
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121140357950
  • School District Source: 3rd Party
  • Elementary School: KETCHAM
  • High School: ANACOSTIA SENIOR
  • Middle Or Junior School: KRAMER

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 243580.00
  • Land Assessed Value: 134260.00
  • Lot Size Acres: 0.06
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2450.00
  • Property Condition: Very Good
  • Soil Types: Unknown
  • Year Assessed: 2019
  • Zoning: 23 - RESIDENTIAL FLATS- L
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Modified Gross
  • Ground Rent Exists: No
  • Owner Pays: Accounting/Legal, Advertising/Licenses And Permits, Repairs, Taxes - Real Estate
  • Total Actual Rent: 50400.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16097900
  • Tax Annual Amount: 1962.00
  • Assessor Parcel Number: 5604//0217
  • Tax Lot: 217
  • Tax Total Finished Sq Ft: 2626
  • Tax Year: 2019
  • Close Date: 07/10/2020

Multi Family

  • Number Of Units Vacant: 1
  • Gross Income: 50400.00
  • Gross Scheduled Income: 50400.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 9122.00
  • Vacancy Allowance Rate: 10.00

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2020 07/10/20 Sold $680,000 -2.7% $259 / Sq Ft
05/23/2020 05/23/20 Pending -- -- --
05/16/2020 05/16/20 Price Changed $699,000 -7.4% $266 / Sq Ft
04/03/2020 04/03/20 Price Changed $755,000 -2.6% $288 / Sq Ft
03/28/2020 03/28/20 For Sale $775,000 -- $295 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Deniz Senyurt, CCIM

    Seller's Agent in 2020

    Deniz Senyurt, CCIM

    Coldwell Banker (NRT-Southeast-MidAtlantic)

    (571) 271-6604

    33 Total Sales

    Deniz Senyurt, CCIM
    Section Image
  • Yony Kifle

    Buyer's Agent in 2020

    Yony Kifle

    EXP Realty, LLC

    (703) 405-5182

    4 in this area

    495 Total Sales

    Yony Kifle
    Section Image
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Map

Source: Bright MLS

MLS Number: DCDC463860

Bright MLS

APN: 5604 0217

District of Columbia District of Columbia County Washington 20020 Fairlawn

1415 Ridge Place SE, Washington, DC

This home is located at 1415 Ridge Place SE, Washington, DC 20020 since 28 March 2020. This property was built in 1925. 1415 Ridge Place SE is a home located in District of Columbia with nearby schools including Ketcham Elementary School, Kramer Middle School, and Anacostia High School.

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