NOT LISTED FOR SALE
Studio
4 Baths
2,532 Sq Ft
2,996 Sq Ft Lot

Sale Details

Date Sold: August 4, 2016

Last sale price $1,175,000 $464 Per Sq Ft

69 Days on Market

Highlights

  • Wood Flooring
  • Upgraded Countertops
  • Bay Window
  • No HOA
  • Porch
  • Double Pane Windows

About This Home

As of August 2016

This building shows beautifully, and has been converted into four self contained units and extremely well maintained. There are two (2 Bedroom) and two (1 Bedroom) units. All units are currently occupied. Units were renovated in 2011. All units have granite tops and WD in unit and most have hardwood floors and 9'+ ceilings. One surface parking. This is a great investment opportunity!

Last Agent to Sell the Property

Joseph G. Zorc

(202) 387-6180 dana.hill@cbmove.com Coldwell Banker Realty - Washington License #0225032681 Listed on: 03/16/2016

Coldwell Banker Realty - Washington

Last Buyer's Agent

Joseph G. Zorc

(202) 387-6180 dana.hill@cbmove.com Coldwell Banker Realty - Washington License #0225032681 Listed on: 03/16/2016

Coldwell Banker Realty - Washington

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,835

Year Built

  • Built in 1915 | Remodeled in 2011

Lot Details

  • 2,996 Sq Ft Lot
  • Property is Fully Fenced
  • Property is in very good condition

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Double Pane Windows
  • Bay Window
  • Wood Flooring

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Finished Basement

  • English Basement
  • Front and Side Basement Entry

Parking

  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Porch

Utilities

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

Listing and Financial Details

  • The owner pays for real estate taxes
  • Tax Lot 62
  • Assessor Parcel Number 2703//0062

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • 16Th Street Heights Subdivision

Building Details

  • Operating Expense $20,973
  • Net Operating Income $61,887

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,835

Year Built

Built in 1915 | Remodeled in 2011

Lot Details

2,996 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Year Built: 1915
  • Year Renovated: 2011
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven/Range - Electric
  • Interior Amenities: Upgraded Countertops, Wood Floors
  • Window Features: Bay/Bow, Double Pane
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Front Entrance, Outside Entrance, Side Entrance, Fully Finished, English
  • Price Per Sq Ft: 483.81

Exterior Features

  • Construction Materials: Brick
  • Exterior Features: Sidewalks
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street, On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • 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

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Fencing: Fully
  • Improvement Assessed Value: 585890.00
  • Land Assessed Value: 218170.00
  • Lot Size Acres: 0.07
  • Lot Size Area: 2996
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2996.00
  • Outdoor Living Structures: Porch(es)
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Soil Types: Urban Land-Cristiana-Sunnysider
  • Zoning: R4
  • In City Limits: Yes

Rental Info

  • Owner Pays: Taxes - Real Estate
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16039998
  • Tax Annual Amount: 6834.51
  • Assessor Parcel Number: 2703//0062
  • Tax Lot: 62
  • Tax Year: 2014

Multi Family

  • Gross Income: 82860.00
  • Metering: Electric Separate
  • Operating Expense: 20973.00

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2016
Closed on
Aug 4, 2016
Sold by
Bought by
Seller's Agent
Joseph G. Zorc
Coldwell Banker Realty - Washington
Buyer's Agent
Joseph G. Zorc
Coldwell Banker Realty - Washington
List Price
$1,225,000
Sold Price
$1,175,000
Premium/Discount to List
-$50,000
-4.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$881,250
Interest Rate
0.0348%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 3, 2011
Sold by
Bought by
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,175,000 Mid-Atlantic Stlmnt Svcs Llc
$1,000,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $818,000
Closed $881,250
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/04/2016 08/04/16 Sold $1,175,000 -4.1% $464 / Sq Ft
05/24/2016 05/24/16 Pending -- -- --
03/16/2016 03/16/16 For Sale $1,225,000 -- $484 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $11,171 $1,314,280 $475,850 $838,430
2024 $11,178 $1,315,070 $473,490 $841,580
2023 $10,762 $1,266,070 $444,310 $821,760
2022 $10,311 $1,213,000 $413,270 $799,730
2021 $9,959 $1,171,680 $407,160 $764,520
2020 $9,828 $1,156,270 $400,060 $756,210
2019 $9,661 $1,136,630 $393,910 $742,720
2018 $9,136 $1,074,800 $0 $0
2017 $8,118 $955,080 $0 $0
2016 $7,482 $880,270 $0 $0
2015 $7,166 $843,100 $0 $0
2014 $6,835 $804,060 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1001362157

Bright MLS

APN: 2703 0062

Your Personal Tour Guide

Ask me questions while you tour the home.