NOT LISTED FOR SALE

1544 New Jersey Ave NW Washington, DC 20001

Shaw Neighborhood

Estimated Value: $617,000 - $706,000

-- Bed
3 Baths
1,099 Sq Ft
$611/Sq Ft Est. Value

Last Sold June 10, 2018

Last sale price $1,282,500 $1,167 Per Sq Ft

Est. 48% decrease in value since last sale

Current estimated payment $4,039/month

30 Days on Market

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • 4-minute walk to Bundy Dog Park
  • Seaton Elementary School Rated A-

About This Home

As of June 2018

Reduced to below market. Incredible opportunity to own a two unit building that has already been converted into condos. Multiple opportunities for investors and end users alike. Recently renovated with high ceilings, quality finishes and off street parking. Excellent rental rates are possible in this neighborhood.

Last Agent to Sell the Property

Gus Scilaris

(301) 467-8011 gus@scilaris.com Coldwell Banker Realty Listed on: 04/11/2018

Coldwell Banker Realty

Last Buyer's Agent

Spencer Bodian

(301) 467-5150 spencer.bodian@compass.com Compass

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 1,133

Parking

  • 2 Assigned Parking Spaces

Home Design

  • Brick Exterior Construction

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 2 Units
  • Shaw Subdivision

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: No

Exterior Features

  • Construction Materials: Combination, Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Lot Info

  • Soil Types: Unknown
  • Zoning: 0000

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 0000000000

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2018
Closed on
Jun 11, 2018
Sold by
Lser Llc A District Of Columbia Limited
Bought by
Brewer Brittany and Brewer Fred
Seller's Agent
Gus Scilaris
Coldwell Banker Realty
Buyer's Agent
Spencer Bodian
Compass
List Price
$1,350,000
Sold Price
$1,282,500
Premium/Discount to List
-$67,500
-5%
Current Estimated Value
$671,271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$611,229
Avg. Annual Appreciation
-8.23%
Original Mortgage
$784,925
Outstanding Balance
$677,397
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
-$6,126
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

Date Buyer Sale Price Title Company
Brewer Brittany $641,250 Kvs Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brewer Brittany $784,925
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2018 06/10/18 Sold $1,282,500 -2.8% $1,167 / Sq Ft
05/11/2018 05/11/18 Pending -- -- --
05/02/2018 05/02/18 Price Changed $1,320,000 -2.2% $1,201 / Sq Ft
04/11/2018 04/11/18 For Sale $1,350,000 -- $1,228 / 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
2025 $6,137 $737,620 $221,290 $516,330
2024 $5,955 $715,770 $214,730 $501,040
2023 $5,810 $698,200 $209,460 $488,740
2022 $5,589 $671,330 $201,400 $469,930
2021 $5,596 $671,690 $201,510 $470,180
2020 $5,359 $630,430 $189,130 $441,300
2019 $5,572 $655,490 $196,650 $458,840
2018 $5,315 $625,240 $0 $0
2017 $4,811 $565,980 $0 $0
2016 $4,810 $565,920 $0 $0
2015 $4,313 $507,460 $0 $0
2014 $3,513 $413,330 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000384072

Bright MLS

APN: 0510-2003