NOT LISTED FOR SALE

17 Mississippi Ave SE Washington, DC 20032

Congress Heights Neighborhood

Estimated Value: $626,000

0.25 Acre
$2,504,000 Price per Acre
10,890 Sq Ft Lot

Last Sold May 27, 2016

Last sale price $470,000

Est. 33% increase in value since last sale

Current estimated payment $3,322/month

96 Days on Market

About This Lot

As of May 2016

Imagine a place where you can feed your creative passion, engage with an inspired community – and live the lavish lifestyle you envision. Located in the up-and-coming neighborhood of Bellevue, 17 Mississippi is that place. Our studio, one and three bedroom apartments have modern, affordable luxury down to a fine art. Designed with the artist in mind and built for everyone, 17 Mississippi combines innovative spaces and bohemian touches with the amenities and location your uninhibited spirit is seeking. We’ve thrown our heart and soul into developing a community that’s as imaginative as you are. This isn’t just apartment living, it’s the art of the possible.

Last Agent to Sell the Property

Kenn Blagburn

DC Real Property,LLC Listed on: 12/11/2015

Last Buyer's Agent

Kenn Blagburn

DC Real Property,LLC Listed on: 12/11/2015

Property Details

Property Type

  • Land

Lot Details

  • 0.25 Acre Lot
  • Property is zoned C-2A

Community Details

  • No Home Owners Association
  • Congress Heights Subdivision

Listing and Financial Details

  • Tax Lot 807
  • Assessor Parcel Number 6151//0807

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Office
  • New Construction: No
  • Remarks Public: This is a development opportunity. C-2A zoning, nearly 11,000 square foot lot. C-2A, permits matter-of-right low density development, including office employment centers, shopping centers, medium-bulk mixed use centers, and housing to a maximum lot occupancy of 60% for residential use and 100% for all other uses, Lot frontage is 80 feet wide.
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement: No
  • Price Per Sq Ft: 43.33
  • Street Number Modifier: 17

Exterior Features

  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 97010.00
  • Lot Size Acres: 0.25
  • Lot Size Area: 10963
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10963.00
  • Possible Use: Commercial, Mixed Use, Office, Residential, Wholesale
  • Soil Types: Unknown
  • Year Assessed: 2016
  • Zoning: C-2A
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16107034
  • Tax Annual Amount: 7117.00
  • Assessor Parcel Number: 6151//0807
  • Tax Lot: 807
  • Tax Year: 2015
  • Close Date: 05/27/2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 29, 2021
Sold by
17 Mississippi Managing Member Llc
Bought by
Wnc Holding Llc
Current Estimated Value
$626,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,699,866
Outstanding Balance
$8,006,400
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
-$7,369,400

Purchase Details

Closed on
Oct 8, 2008
Sold by
Polerecky Laurie
Bought by
Tlc Property 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
$1,650,000
Interest Rate
6.41%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Wnc Holding Llc -- None Listed On Document
Tlc Property Holdings Llc $1,100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 17 Mississippi Owner Llc $8,699,866
Previous Owner Tlc Property Holdings Llc $1,650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2023 02/17/23 Price Changed $1,063 +172.6% $2 / Sq Ft
02/16/2023 02/16/23 Price Changed $390 -63.3% $1 / Sq Ft
11/16/2022 11/16/22 Price Changed $1,063 -3.4% $2 / Sq Ft
09/19/2022 09/19/22 Price Changed $1,100 +3.5% $2 / Sq Ft
08/31/2022 08/31/22 For Rent $1,063 0.0% --
05/27/2016 05/27/16 Sold $470,000 -1.1% --
03/16/2016 03/16/16 Pending -- -- --
12/11/2015 12/11/15 For Sale $475,000 -- --
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 -- $405,890 $405,890 $0
2023 $0 $397,960 $397,960 $0
2022 $1,691 $397,960 $397,960 $0
2021 $0 $397,960 $397,960 $0
Source: Public Records

Agents Affiliated with this Home

  • Kenn Blagburn

    Seller's Agent in 2016

    Kenn Blagburn

    DC Real Property,LLC

    (202) 468-5917

    2 in this area

    41 Total Sales

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Map

Source: Bright MLS

MLS Number: 1001356551

Bright MLS

APN: 6151-0042

District of Columbia District of Columbia County Washington 20032 Congress Heights

17 Mississippi Ave SE, Washington, DC

This home is located at 17 Mississippi Ave SE, Washington, DC 20032 since 11 December 2015 and is currently estimated at $626,000. 17 Mississippi Ave SE is a home located in District of Columbia with nearby schools including Simon Elementary School, Hart Middle School, and Ballou High School.

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