NOT LISTED FOR SALE

1616 Potomac Ave SE Washington, DC 20003

Hill East Neighborhood

Estimated Value: $1,128,000 - $1,318,000

4 Beds
3.5 Baths
2,115 Sq Ft
$578/Sq Ft Est. Value

Last Sold November 01, 2017

Last sale price $968,000 $458 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $7,466/month

67 Days on Market

Highlights

  • Federal Architecture
  • 4-minute walk to Potomac Avenue
  • No HOA
  • Watkins Elementary School Rated A-
  • Combination Kitchen and Living
  • 4-minute walk to Payne Playground

About This Home

As of November 2017

Fairly fond of beach-blonde hair, folding chair, salty air, sandy feet, sweaty bottles, sun cutting water, full-throttle sailing, wind prevailing, Dolphins trailing twin-260's in a 50 foot Schooner, walk aboard, feelings soar, keeling over, cloudless ceilings, dealing with currents, strong and fast, home at last, smooth turbulence, quiet crashing waves, behaving like sunburn in clean white sheets.

Last Agent to Sell the Property

Thomas Faison

Coldwell Banker Realty - Washington Listed on: 06/15/2017

Coldwell Banker Realty - Washington

Last Buyer's Agent

Joel Nelson

Keller Williams Capital Properties License #0225080234

Keller Williams Capital Properties

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1924 | Remodeled in 2017

Lot Details

  • 1,403 Sq Ft Lot
  • Two or More Common Walls

Home Design

  • Federal Architecture
  • Brick Exterior Construction
  • Frame Construction

Interior Spaces

  • Property has 3 Levels
  • Combination Kitchen and Living

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3.5 Bathrooms

Basement

  • English Basement
  • Front and Rear Basement Entry

Parking

  • Garage
  • Garage Door Opener
  • Off-Street Parking

Schools

  • Watkins Elementary School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Capitol Hill Subdivision

Listing and Financial Details

  • Tax Lot 36
  • Assessor Parcel Number 1091//0036

Townhouse Details

Home Type

Townhome

Year Built

Built in 1924 | Remodeled in 2017

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Federal
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1924
  • Year Renovated: 2017
  • Remarks Public: Fairly fond of beach-blonde hair, folding chair, salty air, sandy feet, sweaty bottles, sun cutting water, full-throttle sailing, wind prevailing, Dolphins trailing twin-260's in a 50 foot Schooner, walk aboard, feelings soar, keeling over, cloudless ceilings, dealing with currents, strong and fast, home at last, smooth turbulence, quiet crashing waves, behaving like sunburn in clean white sheets.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Combination Kitchen/Living
  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Front Entrance, Rear Entrance, English
  • Living Area Units: Square Feet
  • Total Sq Ft: 2115
  • Living Area Sq Ft: 2115
  • Price Per Sq Ft: 686.52
  • Above Grade Finished Sq Ft: 1410
  • Below Grade Finished Sq Ft: 705
  • Total Below Grade Sq Ft: 705
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1616

Beds/Baths

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

Exterior Features

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

Garage/Parking

  • Garage: No
  • Garage Features: Garage Door Opener
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • 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
  • Senior Community: No

Schools

  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • Elementary School: WATKINS
  • School District Key: 121140357950
  • Elementary School: WATKINS

Lot Info

  • Improvement Assessed Value: 175510.00
  • Land Assessed Value: 392730.00
  • Lot Size Acres: 0.03
  • Lot Size Area: 1403
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1403.00
  • Property Attached Yn: Yes
  • Soil Types: Urban Land-Sassafras-Chillum
  • Year Assessed: 2016
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15999275
  • Tax Annual Amount: 15625.64
  • Assessor Parcel Number: 1091//0036
  • Tax Lot: 36
  • Tax Total Finished Sq Ft: 1116
  • Tax Year: 2016
  • Close Date: 11/01/2017

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2017
Closed on
Nov 1, 2017
Sold by
Rainbow Properties Llc A Maryland Limite
Bought by
Kenney Richard William and Kenney Kelly Lucas
Seller's Agent
Thomas Faison
Coldwell Banker Realty - Washington
Buyer's Agent
Joel Nelson
Keller Williams Capital Properties
List Price
$978,000
Sold Price
$968,000
Premium/Discount to List
-$10,000
-1.02%
Current Estimated Value
$1,234,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$266,013
Avg. Annual Appreciation
2.68%
Original Mortgage
$56,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 17, 2016
Closed on
Oct 14, 2016
Sold by
The Estate Of Andrew L Mearly Jr
Bought by
Rainbow Properties Llc
Seller's Agent
Cary Johnson
Long & Foster Real Estate, Inc.
Buyer's Agent
Thomas Faison
Coldwell Banker Realty - Washington
List Price
$675,000
Sold Price
$675,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.97%
Original Mortgage
$657,750
Interest Rate
3.5%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Kenney Richard William $968,000 Kvs Title Llc
Rainbow Properties Llc $675,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kenney Kelly Lucas $150,000
Closed Kenney Kelly L $50,000
Closed Kenney Richard William $56,000
Previous Owner Rainbow Properties Llc $657,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2017 11/01/17 Sold $968,000 0.0% $458 / Sq Ft
08/21/2017 08/21/17 Pending -- -- --
08/03/2017 08/03/17 Price Changed $968,000 -1.0% $458 / Sq Ft
06/15/2017 06/15/17 For Sale $978,000 +44.9% $462 / Sq Ft
10/14/2016 10/14/16 Sold $675,000 0.0% $605 / Sq Ft
09/22/2016 09/22/16 Pending -- -- --
09/17/2016 09/17/16 For Sale $675,000 -- $605 / 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 $8,900 $1,134,160 $505,050 $629,110
2023 $8,920 $1,133,400 $494,320 $639,080
2022 $8,379 $1,064,420 $467,590 $596,830
2021 $8,257 $1,047,760 $458,260 $589,500
2020 $7,960 $1,012,220 $437,900 $574,320
2019 $7,690 $979,560 $413,060 $566,500
2018 $5,959 $968,810 $0 $0
2017 $4,830 $568,240 $0 $0
2016 $26,711 $534,210 $0 $0
2015 $14,146 $483,610 $0 $0
2014 $3,696 $434,880 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Thomas Faison

    Seller's Agent in 2017

    Thomas Faison

    Coldwell Banker (NRT-Southeast-MidAtlantic)

    (202) 255-5554

    6 in this area

    135 Total Sales

    Section Image
  • Joel Nelson

    Buyer's Agent in 2017

    Joel Nelson

    Keller Williams Capital Properties

    (240) 855-4036

    79 in this area

    347 Total Sales

    Section Image
  • Cary Johnson

    Seller's Agent in 2016

    Cary Johnson

    Long & Foster

    (443) 604-0949

    35 Total Sales

    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1000162373

Bright MLS

APN: 1091-0036

District of Columbia District of Columbia County Washington 20003 Hill East

1616 Potomac Ave SE, Washington, DC

This home is located at 1616 Potomac Ave SE, Washington, DC 20003 since 15 June 2017 and is currently estimated at $1,221,551, approximately $577 per square foot. This property was built in 1924. 1616 Potomac Ave SE is a home located in District of Columbia with nearby schools including Watkins Elementary School, Stuart-Hobson Middle School, and Eastern High School.

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