NOT LISTED FOR SALE

Estimated Value: $7,598,705

1 Bed
1.5 Baths
-- Sq Ft
5,500 Sq Ft Lot

Last Sold March 09, 2012

Last sale price $4,400,000

Est. 73% increase in value since last sale

Current estimated payment $48,934/month

Highlights

  • 0.13 Acre Lot
  • 2 Fireplaces
  • No HOA
  • Ross Elementary School Rated A
  • Combination Kitchen and Living
  • 3-minute walk to Stead Park

About This Home

As of March 2012

Beautiful Romanesque Mansion on corner of 16th & Corcoran Street, NW with over 11,200 sf. Built in 1885 and renovated to office in 1986, this spacious home is only 6 blocks north of the White House. Large rooms and exquisite woodwork, this property is zoned for single or multifamily use, as well as Embassy Chancery, non profit office, school etc.

Last Agent to Sell the Property

Guy Damecourt

(202) 415-7800 gdamecourt@summitcre.com Summit Commercial Real Estate, LLC. Listed on: 12/17/2010

Last Buyer's Agent

DO NOT USE 1 DO NOT USE

thatjudy@1villagereality.com Metropolitan Regional Information Systems, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $108,979

Year Built

  • Built in 1885 | Remodeled in 1986

Lot Details

  • 5,500 Sq Ft Lot
  • Property is zoned R5D

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • 2 Fireplaces
  • Combination Kitchen and Living
  • Dining Area
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 1 Bedroom

Finished Basement

  • English Basement
  • Exterior Basement Entry
  • Basement with some natural light

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Radiator
  • Natural Gas Water Heater
  • Public Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 145
  • Assessor Parcel Number 0193//0145

Home Details

Home Type

Single Family

Est. Annual Taxes

$108,979

Year Built

Built in 1885 | Remodeled in 1986

Lot Details

0

Listing Details

  • Property Type: Residential
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1885
  • Year Renovated: 1986
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Combination Kitchen/Living, Kitchen - Table Space, Dining Area
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Outside Entrance, Daylight, Partial, English, Fully Finished
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Lower Level Half Bathrooms: 1

Exterior Features

  • Construction Materials: Brick
  • Construction Completed: No
  • 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, Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air, Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Septic, Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 2253920.00
  • Land Assessed Value: 2541000.00
  • Lot Size Acres: 0.13
  • Lot Size Area: 5500
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5500.00
  • Soil Types: Urban Land-Beltsville-Chillum
  • Year Assessed: 2010
  • Zoning: R5D

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15973781
  • Assessor Parcel Number: 0193//0145
  • Tax Lot: 145
  • Tax Year: 2010
  • Close Date: 03/09/2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2010
Closed on
Mar 9, 2012
Sold by
Door Green
Bought by
Social Betterment Properties
Seller's Agent
Guy Damecourt
Summit Commercial Real Estate, LLC.
Buyer's Agent
DO NOT USE 1 DO NOT USE
Metropolitan Regional Information Systems, Inc.
List Price
$4,800,000
Sold Price
$4,400,000
Premium/Discount to List
-$400,000
-8.33%
Current Estimated Value
$7,598,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,198,705
Avg. Annual Appreciation
4.09%

Purchase Details

Closed on
Jun 12, 2001
Sold by
Netzer Murray H
Bought by
Green Door

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
7.15%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Social Betterment Properties $4,400,000 --
Green Door $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Green Door $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/09/2012 03/09/12 Sold $4,400,000 -8.3% --
03/08/2012 03/08/12 Pending -- -- --
11/11/2011 11/11/11 For Sale $4,800,000 +9.1% --
10/25/2011 10/25/11 Off Market $4,400,000 -- --
10/02/2011 10/02/11 Price Changed $4,800,000 -11.1% --
07/15/2011 07/15/11 For Sale $5,400,000 +22.7% --
05/24/2011 05/24/11 Pending -- -- --
05/16/2011 05/16/11 Off Market $4,400,000 -- --
12/17/2010 12/17/10 For Sale $5,400,000 -- --
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 $108,979 $6,156,990 $3,136,100 $3,020,890
2023 $100,355 $5,669,760 $3,074,610 $2,595,150
2022 $98,971 $5,591,590 $3,074,610 $2,516,980
2021 $189,022 $5,584,100 $3,074,610 $2,509,490
2020 $94,416 $5,334,220 $2,795,100 $2,539,120
2019 $89,217 $5,040,530 $2,541,000 $2,499,530
2018 $87,134 $5,034,270 $0 $0
2017 $85,892 $4,967,130 $0 $0
2016 $85,465 $4,944,060 $0 $0
2015 $85,166 $4,927,870 $0 $0
2014 $66,854 $4,876,140 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1005092862

Bright MLS

APN: 0193-0145