NOT LISTED FOR SALE

1516 E Capitol St NE Washington, DC 20003

Kingman Park Neighborhood

Estimated Value: $1,583,000

Studio
4 Baths
2,709 Sq Ft
$584/Sq Ft Est. Value

Sale Details

Date Sold: February 3, 2012

Last sale price $530,000 $196 Per Sq Ft

Est. 199% increase in value since last sale

Current estimated payment $9,358 / mo

41 Days on Market

Highlights

  • No HOA
  • Maury Elementary School Rated A-
  • Forced Air Heating System

About This Home

As of February 2012

Great Investment Opportunity. Great Income Potential. 2 of 3 Units Recently Renovated.Units 1-2 are vacant. Sentrilock, Keys for #2 in #1, Please Return #2 Keys to #1. Large Rear Fenced In Yard. Multiple Parking Space Potential. Close to RFK Stadium, Eastern Market, Capitol, Car Barn. Contact Listing Agent for additional Info.

Last Agent to Sell the Property

Gene Wason

gwason@frankemmet.com Frank Emmet Real Estate, Inc License #MRIS:3026067 Listed on: 11/16/2011

Last Buyer's Agent

Jason Martin

(855) 450-0442 dmvbroker@therealbrokerage.com Real Broker, LLC License #0225197141

Real Broker, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,270

Year Built

  • Built in 1960

Lot Details

  • 2,663 Sq Ft Lot

Home Design

  • Brick Exterior Construction

Parking

  • Unpaved Parking
  • Surface Parking

Utilities

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

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Tax Lot 87
  • Assessor Parcel Number 1070//0087

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,270

Year Built

Built in 1960

Lot Details

2,663 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: No
  • Price Per Sq Ft: 213.73

Exterior Features

  • Construction Materials: 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
  • Parking Features: Surface, Unpaved

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: 170970.00
  • Land Assessed Value: 207290.00
  • Lot Size Acres: 0.06
  • Lot Size Area: 2663
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2663.00
  • Soil Types: Urban Land-Sassafras-Chillum
  • Zoning: 001
  • In City Limits: Yes

Rental Info

  • Lease Term: Negotiable
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15998358
  • Tax Annual Amount: 3269.53
  • Assessor Parcel Number: 1070//0087
  • Tax Lot: 87
  • Tax Year: 2010

Multi Family

  • Metering: Fully Separate
  • Vacancy Allowance Rate: 66.60

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

Closed on
Oct 31, 2023
Sold by
Bought by
Current Estimated Value
$1,583,000

Purchase Details

Closed on
Mar 31, 2014
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Interest Rate
0.0437%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 5, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$397,500
Interest Rate
0.0345%
Mortgage Type
Commercial

Purchase Details

Listed on
Nov 16, 2011
Closed on
Feb 3, 2012
Sold by
Bought by
Seller's Agent
Gene Wason
Frank Emmet Real Estate, Inc
Buyer's Agent
Jason Martin
Real Broker, LLC
List Price
$579,000
Sold Price
$530,000
Premium/Discount to List
-$49,000
-8.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.86%

Purchase Details

Closed on
Oct 17, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,250
Interest Rate
0.0692%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$1,468,000 None Listed On Document
$850,000 --
-- None Available
$530,000 --
$155,000 --
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 $5,800,000
Closed $700,000
Previous Owner $680,000
Previous Owner $397,500
Previous Owner $142,250
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
02/03/2012 02/03/12 Sold $530,000 -8.5% $196 / Sq Ft
12/27/2011 12/27/11 Pending -- -- --
11/16/2011 11/16/11 For Sale $579,000 -- $214 / 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 $11,481 $929,020 $929,020
2024 $55,331 --
2023 $9,252 $1,088,430 $467,440 $620,990
2022 $8,357 $983,180 $426,000 $557,180
2021 $7,634 $898,150 $412,740 $485,410
2020 $6,942 $816,660 $383,900 $432,760
2019 $6,594 $775,720 $366,880 $408,840
2018 $6,275 $738,220 $0 $0
2017 $5,993 $705,000 $0 $0
2016 $5,419 $637,480 $0 $0
2015 $5,022 $590,880 $0 $0
2014 $4,369 $513,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2012

    Gene Wason

    Frank Emmet Real Estate, Inc

  • Jason Martin

    Buyer's Agent in 2012

    Jason Martin

    Real Broker, LLC

    (202) 641-0299

    2 in this area

    177 Total Sales

    Jason Martin
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Map

Source: Bright MLS

MLS Number: 1004640216

Bright MLS

APN: 1070-0098

District of Columbia District of Columbia County Washington 20002 Kingman Park

1516 E Capitol St NE, Washington, DC

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