NOT LISTED FOR SALE

1616 Buchanan St NE Washington, DC 20017

Michigan Park Neighborhood

Estimated Value: $581,000 - $693,217

3 Beds
4 Baths
1,962 Sq Ft
$324/Sq Ft Est. Value

Sale Details

Date Sold: September 29, 2020

Last sale price $600,000 $306 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,869 / mo

2 Days on Market

Highlights

  • Colonial Architecture
  • 1 Fireplace
  • Eat-In Kitchen
  • Traditional Floor Plan
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of September 2020

Great opportunity to own and personalize a detached home in Michigan Park. Property needs some TLC but has great bones. Main floor includes an eat in kitchen, large family room with fireplace, oversized dining room and enclosed back bonus room. Second floor features an owners suite which includes an ensuite bathroom and two closets. Hall bathroom is huge and has a large jetted tub. The full basement has a great deal of potential with a recreational space, den, half bathroom and outside entrance. Spacious backyard in the city that also has space for potential parking pad. Main floor and second level both have hardwoods through out.

Last Agent to Sell the Property

Milan Broadus

(443) 746-2090 mbroadus77@gmail.com Monument Sotheby's International Realty License #SP200201598 Listed on: 08/17/2020

Last Buyer's Agent

Sal Rihani

(202) 670-5352 sal.rihani@nhabitco.com NHT Real Estate LLC License #665926

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,585

Year Built

  • Built in 1950

Lot Details

  • 4,938 Sq Ft Lot
  • Property is zoned R-1-B

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Ceiling Fan
  • 1 Fireplace
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Parking

  • 2 Parking Spaces
  • Driveway
  • On-Street Parking

Utilities

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

Community Details

  • No Home Owners Association
  • Michigan Park Subdivision

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number 4173//0017

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,585

Year Built

Built in 1950

Lot Details

4,938 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2020-08-17
  • Year Built: 1950
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Floor Plan - Traditional, Kitchen - Eat-In
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Full, Fully Finished, Outside Entrance
  • Total Sq Ft: 2100
  • Living Area Sq Ft: 1962
  • Price Per Sq Ft: 382.14
  • Above Grade Finished Sq Ft: 1400
  • Below Grade Finished Sq Ft: 562
  • Below Grade Sq Ft: 138
  • Total Below Grade Sq Ft: 700
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Half Bathrooms: 1
  • Lower Level Half Bathroom: 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: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, On Street, Driveway
  • Off Street Parking Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • 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
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 169850.00
  • Land Assessed Value: 305960.00
  • Lot Size Acres: 0.11
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4938.00
  • Soil Types: Urban Land-Sassafras-Chillum
  • Zoning: R-1-B
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16075158
  • Tax Annual Amount: 1585.00
  • Assessor Parcel Number: 4173//0017
  • Tax Lot: 17
  • Tax Year: 2019

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

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

Listed on
Aug 17, 2020
Closed on
Sep 24, 2020
Sold by
Bought by
Seller's Agent
Milan Broadus
Monument Sotheby's International Realty
Buyer's Agent
Sal Rihani
NHT Real Estate LLC
List Price
$535,000
Sold Price
$600,000
Premium/Discount to List
$65,000
12.15%
Current Estimated Value
$635,804

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,804
Avg. Annual Appreciation
1.00%
Original Mortgage
$570,000
Interest Rate
0.028%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
$600,000 Kvs Title Llc
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 $570,000
Previous Owner $312,500
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
09/29/2020 09/29/20 Sold $600,000 +12.1% $306 / Sq Ft
09/04/2020 09/04/20 For Sale $535,000 0.0% $273 / Sq Ft
08/20/2020 08/20/20 Pending -- -- --
08/17/2020 08/17/20 For Sale $535,000 -- $273 / 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 $4,843 $659,590 $363,540 $296,050
2024 $4,765 $647,630 $361,710 $285,920
2023 $4,588 $625,390 $349,260 $276,130
2022 $4,216 $574,650 $316,130 $258,520
2021 $2,585 $481,840 $311,440 $170,400
2020 $1,661 $475,810 $305,960 $169,850
2019 $1,585 $449,610 $287,540 $162,070
2018 $1,516 $430,040 $0 $0
2017 $1,410 $404,170 $0 $0
2016 $1,294 $376,120 $0 $0
2015 $1,214 $357,170 $0 $0
2014 $1,109 $331,080 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Milan Broadus

    Seller's Agent in 2020

    Milan Broadus

    Monument Sotheby's International Realty

    (301) 758-9525

    27 Total Sales

    Milan Broadus
    Section Image
  • Sal Rihani

    Buyer's Agent in 2020

    Sal Rihani

    NHT Real Estate LLC

    (202) 527-8543

    41 Total Sales

    Sal Rihani
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DCDC482208

Bright MLS

APN: 4173-0017

District of Columbia District of Columbia County Washington 20017 Michigan Park

1616 Buchanan St NE, Washington, DC

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