NOT LISTED FOR SALE

1416 Eastern Ave NE Washington, DC 20019

Deanwood Neighborhood

Estimated Value: $726,000

-- Bed
-- Bath
3,762 Sq Ft
$193/Sq Ft Est. Value

Last Sold April 24, 2012

Last sale price $240,000 $64 Per Sq Ft

Est. 202% increase in value since last sale

Current estimated payment $4,397/month

62 Days on Market

Highlights

  • 0.18 Acre Lot
  • Forced Air Heating System
  • 1-minute walk to Deanwood Recreation Center
  • No HOA

About This Home

As of April 2012

Solid 5 unit in NE DC; income for the savvy investor. Tenants looking to stay. Call your agent to see his investment property

Last Agent to Sell the Property

Claude Labbe

Douglas Elliman of Metro DC, LLC - Arlington License #AB98365123 Listed on: 12/15/2011

Douglas Elliman of Metro DC, LLC - Arlington

Last Buyer's Agent

Nigisty Eyassu

The Washington Realtors, LLC License #579750

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,597

Year Built

  • Built in 1952

Lot Details

  • 7,627 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Kitchen

  • Stove
  • Dishwasher

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating System
  • Natural Gas Water Heater

Additional Features

  • Unfinished Basement

Community Details

  • No Home Owners Association
  • 5 Units

Listing and Financial Details

  • The owner pays for insurance, management, repairs, real estate taxes
  • Tax Lot 63
  • Assessor Parcel Number 5171//0063

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,597

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1952
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Stove, Washer
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Unfinished

Exterior Features

  • Construction Materials: Combination, Brick
  • Construction Completed: 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: 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

Lot Info

  • Improvement Assessed Value: 76790.00
  • Land Assessed Value: 228810.00
  • Lot Size Acres: 0.18
  • Lot Size Area: 7627
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7627.00
  • Soil Types: Urban Land-Galestown-Rumford
  • Year Assessed: 2011
  • Zoning: R-5-A
  • In City Limits: Yes

Rental Info

  • Lease Term: Negotiable
  • Owner Pays: Insurance, Management, Repairs, Taxes - Real Estate
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16086390
  • Tax Annual Amount: 2597.00
  • Assessor Parcel Number: 5171//0063
  • Tax Lot: 63
  • Tax Year: 2011
  • Close Date: 04/24/2012

Multi Family

  • Gross Income: 48000.00
  • Vacancy Allowance Rate: 60.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 16, 2025
Sold by
1416 Eastern Ave Ne Llc
Bought by
Eastern Re Llc
Current Estimated Value
$726,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$697,132
Outstanding Balance
$696,539
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
-$13,539

Purchase Details

Closed on
Apr 23, 2021
Sold by
Himbol Llc
Bought by
1416 Eastern Ave Ne Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$722,500
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 12, 2019
Sold by
Mymse Llc
Bought by
Himbol Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.3%
Mortgage Type
Commercial

Purchase Details

Listed on
Dec 15, 2011
Closed on
Apr 23, 2012
Sold by
Nance Derrick C
Bought by
Kahsai Tesfamichael Z
Seller's Agent
Claude Labbe
Douglas Elliman of Metro DC, LLC - Arlington
Buyer's Agent
Nigisty Eyassu
The Washington Realtors, LLC
List Price
$249,000
Sold Price
$240,000
Premium/Discount to List
-$9,000
-3.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.16%
Original Mortgage
$192,000
Interest Rate
4.08%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 2, 2004
Sold by
Smallwood Anthony
Bought by
Nance Derrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,132
Interest Rate
5.6%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 22, 1997
Sold by
Plus Props Llc
Bought by
Smallwood Anthony and Smallwood Tressa Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,000
Interest Rate
7.48%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Eastern Re Llc $200,000 Pinnacle Title
1416 Eastern Ave Ne Llc $625,000 Olympia Title Llc
Himbol Llc $620,000 Federal Title & Escrow Co
Kahsai Tesfamichael Z $240,000 --
Nance Derrick $195,550 --
Smallwood Anthony $70,000 --
Plus Props Llc $29,750 --
Bcc Reo Llc $179,630 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eastern Re Llc $697,132
Previous Owner 1416 Eastern Ave Ne Llc $910,800
Previous Owner 1416 Eastern Ave Ne Llc $722,500
Previous Owner Himbol Llc $250,000
Previous Owner Mymse Llc $700,000
Previous Owner Kahsai Tesfamichael Z $192,000
Previous Owner Nance Derrick C $336,000
Previous Owner Nance Derrick C $217,041
Previous Owner Nance Derrick $214,132
Previous Owner Smallwood Anthony $46,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2012 04/24/12 Sold $240,000 -3.6% $64 / Sq Ft
02/15/2012 02/15/12 Pending -- -- --
12/15/2011 12/15/11 For Sale $249,000 -- $66 / 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 $5,287 $621,980 $307,830 $314,150
2023 $5,172 $608,510 $301,800 $306,710
2022 $4,517 $531,410 $301,800 $229,610
2021 $4,624 $543,990 $301,800 $242,190
2020 $3,564 $419,350 $274,340 $145,010
2019 $3,176 $373,660 $249,400 $124,260
2018 $3,051 $358,910 $0 $0
2017 $2,787 $327,910 $0 $0
2016 $2,706 $318,410 $0 $0
2015 $2,706 $318,400 $0 $0
2014 $2,652 $312,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Claude Labbe

    Seller's Agent in 2012

    Claude Labbe

    Douglas Elliman of Metro DC, LLC - Arlington

    (703) 868-7774

    58 Total Sales

    Section Image

  • N

    Buyer's Agent in 2012

    Nigisty Eyassu

    The Washington Realtors, LLC

    (202) 550-3035

    1 in this area

    23 Total Sales

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Map

Source: Bright MLS

MLS Number: 1004655748

Bright MLS

APN: 5171-0063

District of Columbia District of Columbia County Washington 20019 Deanwood

1416 Eastern Ave NE, Washington, DC

This home is located at 1416 Eastern Ave NE, Washington, DC 20019 since 15 December 2011 and is currently estimated at $726,000, approximately $192 per square foot. This property was built in 1952. 1416 Eastern Ave NE is a home located in District of Columbia with nearby schools including Houston Elementary School, Kelly Miller Middle School, and H.D. Woodson High School.

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