NOT LISTED FOR SALE

1600 E St NE Washington, DC 20002

Kingman Park Neighborhood
-- Bed
4 Baths
3,810 Sq Ft
2,951 Sq Ft Lot

Last Sold June 15, 2023

Last sale price $1,397,399 $367 Per Sq Ft

27 Days on Market

Highlights

  • Traditional Architecture
  • Central Air
  • Electric Baseboard Heater

About This Home

As of June 2023

Four-unit Property in the well sought-after Kingman Park neighborhood on Capitol Hill in NE Washington, D.C. New ownership will reap the benefits of future developments planned for the area. This property boasts spacious floor plans and a favorable unit mix of two three-bedroom units and two two-bedroom units.
TURNKEY ASSET: The Property has undergone recent renovations that will reduce future repairs and maintenance costs as well as limit the need for additional capital improvements by the purchaser. The
scope of renovation includes significant interior and systems upgrades; and roof replacement in 2021.
SELF-CONTAINED UNITS: Each unit is individually-metered for electricity and has individual heating and cooling systems (HVAC). Separately metered utilities greatly limit ownership’s expense exposure, as the cost is solely on the tenant (except for water/sewage).
NEARBY NEW DEVELOPMENTS: 1600 E Street NE is encircled by three of D.C.’s most notable
neighborhood revitalization (Benning Road, RFK Stadium, and the H Street Corridor) and nearby to the long-planned Hechinger Mall redevelopment. With billions of dollars flowing into the neighborhood, the Property is poised for significant future growth as the local infrastructure continues to deliver.
GET PAID TO BUILD EQUITY: With as little as 5% down on a $1,700,000 loan amortized over 30 years at a 5% interest rate, ownership can expect a monthly payment of approximately $9,536, taxes included. With in-place rents averaging $3,365 per unit, new ownership can live in one of the units while still generating $1,000 of income per month. A fantastic opportunity for anyone looking to live rent free with the benefit of additional income after mortgage payments.

Last Agent to Sell the Property

Ari Firoozabadi

Greysteel Company LLC License #C30597 Listed on: 04/05/2023

Last Buyer's Agent

Hulunem Woldgebreal

Samson Properties

Samson Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,476

Year Built

  • Built in 1936

Lot Details

  • 2,951 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • 3,810 Sq Ft Home
  • Quadruplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Brick Foundation
  • Pitched Roof

Utilities

  • Central Air
  • Electric Baseboard Heater
  • Natural Gas Water Heater
  • Public Septic
  • Cable TV Available

Community Details

  • 4 Units
  • Old City #1 Subdivision

Listing and Financial Details

  • Tax Lot 131
  • Assessor Parcel Number 4538//0131

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,476

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1936
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Foundation Details: Brick/Mortar
  • Total Sq Ft: 3810
  • Living Area Sq Ft: 3810
  • Price Per Sq Ft: 367.45
  • Above Grade Finished Sq Ft: 3810
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1600

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Septic, Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Schools

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

Lot Info

  • Lot Size Acres: 0.07
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2951.00
  • Soil Types: Unknown
  • Year Assessed: 2021
  • Zoning: RF-1
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 9476.00
  • Assessor Parcel Number: 4538//0131
  • Tax Lot: 131
  • Tax Total Finished Sq Ft: 3810
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 06/15/2023

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2023 06/15/23 Sold $1,397,399 -0.2% $367 / Sq Ft
05/02/2023 05/02/23 Pending -- -- --
04/05/2023 04/05/23 For Sale $1,400,000 +44.3% $367 / Sq Ft
01/16/2018 01/16/18 Sold $970,102 0.0% $722 / Sq Ft
01/16/2018 01/16/18 Pending -- -- --
01/16/2018 01/16/18 For Sale $970,000 -- $722 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2023

    Ari Firoozabadi

    Greysteel Company LLC

    3 in this area

    33 Total Sales

    Ari Firoozabadi
    Section Image
  • Hulunem Woldgebreal

    Buyer's Agent in 2023

    Hulunem Woldgebreal

    Samson Properties

    (703) 861-8427

    1 in this area

    119 Total Sales

    Hulunem Woldgebreal
    Section Image
  • Robert Sanders

    Seller's Agent in 2018

    Robert Sanders

    TTR Sotheby's International Realty

    (202) 744-6463

    1 in this area

    338 Total Sales

    Robert Sanders
    Section Image
  • Brent Jackson

    Buyer's Agent in 2018

    Brent Jackson

    TTR Sotheby's International Realty

    (202) 263-9200

    3 in this area

    287 Total Sales

    Brent Jackson
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DCDC2090978

Bright MLS

APN: 4538 0131

District of Columbia District of Columbia County Washington 20002 Kingman Park

1600 E St NE, Washington, DC

This home is located at 1600 E St NE, Washington, DC 20002 since 05 April 2023. This property was built in 1936. 1600 E St NE is a home located in District of Columbia with nearby schools including Miner Elementary School, Eliot-Hine Middle School, and Eastern High School.

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