NOT LISTED FOR SALE

1516 E Capitol St NE Washington, DC 20003

Kingman Park Neighborhood

Estimated Value: $1,349,000

Studio
4 Baths
2,709 Sq Ft
$498/Sq Ft Est. Value

Sale Details

Date Sold: February 3, 2012

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

Est. 155% increase in value since last sale

Current estimated payment $8,520 / mo

41 Days on Market

Highlights

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

About This Home

As of February 2012

Welcome to Paxton Park! Stunning BRAND new collection of 1- and 2-bedroom condominiums crowned with penthouse residences along the famed East Capitol Street on Capitol Hill in Washington, D.C. Each home features luminous, luxury interiors along with classic, modern finishes in an unbeatable location. The homes were curated with wide plank Oak Wood flooring, 9 foot ceilings to frame out oversized windows, halo recessed lighting. Kitchen Features- WHITE SOLID WOOD KITCHEN CABINETRY APPLIANCE PACKAGE: 35” SAMSUNG REFRIGERATOR SAMSUNG BESPOKE ELECTRIC INDUCTION RANGE IN STAINLESS STEEL SAMSUNG OVER-THE-RANGE MICROWAVE IN STAINLESS STEEL 24” SAMSUNG BUILT-IN STAINLESS STEEL DISHWASHER 27” LG STACKABLE SMART ELECTRIC WASHER & DRYER WITH STEAM IN BLACK STEEL Bathroom Features- COYCAMA FLOATING VANITY IN MATTE MINK 12” X 24” LEA CERAMICHE BATH FLOOR & WALL TILE IN BIANCO STATUARIO LEA CERAMICHE MOSAIC SHOWER FLOOR TILE IN VENATO BIANCO 60” X 30” SITKA ACRYLIC ALCOVE SOAKING TUB IN WHITE LEXIA PRESSURE-BALANCE TUB & SHOWER SYSTEM IN POLISHED NICKEL SIGNATURE DUAL-FLUSH ELONGATED TWO PIECE COMMODE ***photos are of model home and for reference only- several home types available. Please schedule a tour to learn more specifics.

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

HOA Fees

  • No Home Owners Association

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

  • 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

HOA Fees

$248 per month

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

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 2023
Sold by
1516 East Capitol Street Ne Partners Llc
Bought by
Portofino V Llc
Current Estimated Value
$1,349,000

Purchase Details

Closed on
Mar 31, 2014
Sold by
Martin Jason D and Spatz Jennifer E
Bought by
1516 E Capitol St Ne Partners

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
4.37%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 5, 2013
Sold by
Martin Jason D
Bought by
Martin Jason D and Spatz Jennifer Elizabeth

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
3.45%
Mortgage Type
Commercial

Purchase Details

Listed on
Nov 16, 2011
Closed on
Feb 3, 2012
Sold by
Love Edward T
Bought by
Martin Jason D
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
7.75%

Purchase Details

Closed on
Oct 17, 2001
Sold by
Cosmopolitan Investment
Bought by
Ogundipe Rosode

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
6.92%
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
Portofino V Llc $1,468,000 None Listed On Document
1516 E Capitol St Ne Partners $850,000 --
Martin Jason D -- None Available
Martin Jason D $530,000 --
Ogundipe Rosode $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
Previous Owner 1516 E Capitol St Ne Partners $680,000
Previous Owner Martin Jason D $397,500
Previous Owner Ogundipe Rosode $142,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2025 11/20/25 For Sale $624,900 +17.9% $735 / 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

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

  • Chris Blakemore

    Seller's Agent in 2025

    Chris Blakemore

    McWilliams/Ballard Inc.

    (703) 338-9014

    56 Total Sales

    Chris Blakemore
    Section Image

  • 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

    4 in this area

    190 Total Sales

    Jason Martin
    Section Image
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Map

Source: Bright MLS

MLS Number: 1004640216

Bright MLS

APN: 1070-0087

District of Columbia District of Columbia County Washington 20002 Kingman Park

1516 E Capitol St NE, Washington, DC

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