$999,900
SOLD FEB 26, 2025

1550 Rear Independence Ave SE Washington, DC 20003

Hill East Neighborhood
4 Beds
5 Baths
2,800 Sq Ft
1,934 Sq Ft Lot

Recently Sold

$357 Per Sq Ft

13% Below List Price

92 Days on Market

Highlights

  • Contemporary Architecture
  • No HOA
  • 1 Car Direct Access Garage
  • Wood Flooring
  • Stainless Steel Appliances
  • 5-minute walk to Pocket Park and Playground

About This Home

As of February 2025

Fall in love with this contemporary brick SFH just 3 blocks walking distance from the metro which is freshly finished and ready for you! This new construction has everything you could want! Three finished levels of elegant and modern finishes throughout. A formal grand foyer, open concept LR and DR, a powder room and a lovely gourmet kitchen. High-end energy efficient stainless-steel appliances, a pasta faucet over the range, a window above the sink, and the gorgeous black and white Calacatta quartz backsplash matches the countertops. Stunning wood beams above the LR and DR and Birchwood flooring throughout the main and upper levels. Some of the customized features are the 1-car heated garage, window seating, stair lighting, a built-in wine rack and the laundry is conveniently located upstairs. Upstairs you will find, the master suite with a gorgeous modern bathroom including a skylight, a bidet, floating vanities and rain showerheads, 2 generously sized bedrooms, a chic hall bath, a large sitting/lounge area, and the upper level laundry with LG full size front load W/D. Additionally this home has a spacious family room in the LL, the 4th bedroom ensuite and another utility closet with the 2nd washer/dryer hook-up. There could be a possibility for a great rooftop deck. Virtually staged exterior shows the potential for a side patio, dog-washing station, grilling quarter or just a chill zone! There are plenty of nearby options for fine dining and socializing. Roost, Pretzel Bakery, and Pacci's to name a few. Groceries can be from Safeway, Eastern Market, or Trader Joe’s all nearby! This home combines modern living, privacy, comfort, style and efficiency so make this urban dream come true!

Last Agent to Sell the Property

Bianca Reyes

I-Agent Realty Incorporated License #SP98375857 Listed on: 10/24/2024

Last Buyer's Agent

Faith Mading

KW Metro Center License #BR200201337

KW Metro Center

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,492

Year Built

  • Built in 2022 | Remodeled in 2024

Lot Details

  • 1,934 Sq Ft Lot
  • East Facing Home
  • Property is in excellent condition

Parking

  • 1 Car Direct Access Garage
  • Front Facing Garage

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • Skylights
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Electric Oven or Range
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

Laundry

  • Laundry on upper level
  • Stacked Washer and Dryer

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Sump Pump

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Old City #1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1072//0089

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,492

Year Built

Built in 2022 | Remodeled in 2024

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2022
  • Year Renovated: 2024
  • Automatically Close On Close Date: No
  • Remarks Public: Fall in love with this contemporary brick SFH just 3 blocks walking distance from the metro which is freshly finished and ready for you! This new construction has everything you could want! Three finished levels of elegant and modern finishes throughout. A formal grand foyer, open concept LR and DR, a powder room and a lovely gourmet kitchen. High-end energy efficient stainless-steel appliances, a pasta faucet over the range, a window above the sink, and the gorgeous black and white Calacatta quartz backsplash matches the countertops. Stunning wood beams above the LR and DR and Birchwood flooring throughout the main and upper levels. Some of the customized features are the 1-car heated garage, window seating, stair lighting, a built-in wine rack and the laundry is conveniently located upstairs. Upstairs you will find, the master suite with a gorgeous modern bathroom including a skylight, a bidet, floating vanities and rain showerheads, 2 generously sized bedrooms, a chic hall bath, a large sitting/lounge area, and the upper level laundry with LG full size front load W/D. Additionally this home has a spacious family room in the LL, the 4th bedroom ensuite and another utility closet with the 2nd washer/dryer hook-up. There could be a possibility for a great rooftop deck. Virtually staged exterior shows the potential for a side patio, dog-washing station, grilling quarter or just a chill zone! There are plenty of nearby options for fine dining and socializing. Roost, Pretzel Bakery, and Pacci's to name a few. Groceries can be from Safeway, Eastern Market, or Trader Joe’s all nearby! This home combines modern living, privacy, comfort, style and efficiency so make this urban dream come true!
  • Special Features: 4098
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Microwave, Disposal, Exhaust Fan, Dishwasher, Icemaker, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Water Heater, Washer/Dryer Stacked
  • Flooring Type: Wood
  • Interior Amenities: Combination Dining/Living
  • Window Features: Skylights
  • Fireplace: No
  • Foundation Details: Other
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Full, Interior Access, Sump Pump
  • Laundry Type: Dryer In Unit, Upper Floor, Washer In Unit
  • Total Sq Ft: 2800
  • Living Area Sq Ft: 2800
  • Price Per Sq Ft: 555.50
  • Above Grade Finished Sq Ft: 1800
  • Below Grade Finished Sq Ft: 1000
  • Total Below Grade Sq Ft: 1000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1550

Beds/Baths

  • Bedrooms: 4
  • All Lower Level Bedrooms: 1
  • Lower Level Bedroom: 1
  • Total Bathrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1
  • Lower Level Half Bathroom: 1
  • Lower Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Inside Access, Garage - Front Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • School District Key: 121140357950
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.04
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1934.00
  • Property Condition: Excellent
  • Soil Types: Unknown
  • Year Assessed: 2024
  • Zoning: RES
  • In City Limits: Yes

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 11492.00
  • Assessor Parcel Number: 1072//0089
  • Tax Data Updated: No
  • Tax Year: 2024
  • Close Date: 02/26/2025

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2024
Closed on
Feb 20, 2025
Sold by
Ccp Asset Holdings Llc
Bought by
Boyd Hayley and Boyd Megan Michelle
Seller's Agent
Bianca Reyes
I-Agent Realty Incorporated
Buyer's Agent
Faith Mading
KW Metro Center
List Price
$1,145,000
Sold Price
$999,900
Premium/Discount to List
-$145,100
-12.67%
Views
256
Current Estimated Value
$1,769,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$769,100
Avg. Annual Appreciation
193.42%
Original Mortgage
$862,413
Outstanding Balance
$858,809
Interest Rate
6.96%
Mortgage Type
VA
Estimated Equity
$910,191

Purchase Details

Closed on
Aug 22, 2024
Sold by
Mark H Wittstadt Trustee
Bought by
Ccp Asset Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$841,500
Interest Rate
6.35%
Mortgage Type
Construction

Purchase Details

Closed on
May 6, 2022
Sold by
15Th Street Alley Llc
Bought by
1550 Independenace Ave Rear Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,057,271
Interest Rate
4.42%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $999,900 Universal Title
Trustee Deed $850,000 None Listed On Document
Deed $369,000 Brennan Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $862,413 VA
Previous Owner $841,500 Construction
Previous Owner $1,057,271 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2025 02/26/25 Sold $999,900 0.0% $357 / Sq Ft
12/13/2024 12/13/24 Price Changed $999,900 -8.9% $357 / Sq Ft
12/04/2024 12/04/24 Price Changed $1,097,500 -2.4% $392 / Sq Ft
11/13/2024 11/13/24 Price Changed $1,125,000 -1.7% $402 / Sq Ft
10/24/2024 10/24/24 For Sale $1,145,000 -- $409 / 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 $67,602 $1,352,030 $421,880 $930,150
2023 $3,432 $403,800 $403,800 $0
2022 $163 $19,190 $19,190 $0
2021 $12 $1,400 $1,400 $0
2020 $12 $1,400 $1,400 $0
2019 $12 $1,400 $1,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC2166008

Bright MLS

APN: 1072-0089