NOT LISTED FOR SALE

1702 40th St SE Washington, DC 20020

Fort Davis Neighborhood

Estimated Value: $399,783 - $417,000

3 Beds
1.5 Baths
1,088 Sq Ft
$374/Sq Ft Est. Value

Last Sold May 16, 2023

Last sale price $430,000 $395 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $2,277/month

76 Days on Market

Highlights

  • Coastal Architecture
  • No HOA
  • 90% Forced Air Heating and Cooling System

About This Home

As of May 2023

PRICE REDUCTION. Fort Dupont welcomes you home to a newly updated and renovated home that simply boasts of 3 Bedrooms and 1.5 baths. This home offers a screened in front porch with privacy walls on each side, Plank flooring on the main level that flows into the dining and kitchen area and recessed lighting throughout the home. The kitchen offers Brand new cabinets, Stainless steel appliances and Natural quartz countertops with a breakfast bar adjacent to the kitchen with pendant lights. Moving along into the spacious basement area offers entertainment for your family and friends., while the backyard allows from a nice gathering with privacy.

Last Agent to Sell the Property

Norman Slye

(302) 480-0070 norman.slye@compass.com Real Broker, LLC License #SP98375116 Listed on: 12/28/2022

Real Broker, LLC

Co-Listed By

Rebecca Williams

(301) 305-1113 REBECCA@RWPROPERTIES.ME Real Broker, LLC License #0225237013

Last Buyer's Agent

Bill Jackson

(202) 256-9530 bill.jackson@parlayrealestate.com RLAH @properties License #BR200200557

RLAH @properties

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,260

Year Built

  • Built in 1946 | Remodeled in 2022

Lot Details

  • 1,718 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Coastal Architecture
  • Brick Exterior Construction
  • Brick Foundation
  • Architectural Shingle Roof

Interior Spaces

  • Property has 3 Levels
  • Finished Basement
  • Interior and Exterior Basement Entry

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • 90% Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • No Septic System
  • Sewer Not Available

Community Details

  • No Home Owners Association
  • Fort Dupont Park Subdivision

Listing and Financial Details

  • Tax Lot 45
  • Assessor Parcel Number 5523//0045

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,260

Year Built

Built in 1946 | Remodeled in 2022

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Coastal
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1946
  • Year Renovated: 2022
  • Automatically Close On Close Date: No
  • Special Features: NewHome
  • Property Sub Type: Townhouses

Interior Features

  • Foundation Details: Brick/Mortar
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Fully Finished, Interior Access, Outside Entrance
  • Total Sq Ft: 1632
  • Living Area Sq Ft: 1088
  • Price Per Sq Ft: 404.41
  • Above Grade Finished Sq Ft: 1088
  • Below Grade Sq Ft: 544
  • Total Below Grade Sq Ft: 544
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Lower Level Half Bathroom: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Architectural Shingle
  • 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: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: No Septic System, No Sewer System
  • 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: 155620.00
  • Land Assessed Value: 130620.00
  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1718.00
  • Soil Types: Chillum-Urban Land Complex
  • Zoning: UKN
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16095816
  • Tax Annual Amount: 2260.00
  • Assessor Parcel Number: 5523//0045
  • Tax Lot: 45
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2022
Closed on
May 16, 2023
Sold by
Bailey Lajuan M
Bought by
Korra Hiwot Abera and Shumiye Daniel Teweda
Seller's Agent
Norman Slye
Real Broker, LLC
Buyer's Agent
Bill Jackson
RLAH @properties
List Price
$450,000
Sold Price
$430,000
Premium/Discount to List
-$20,000
-4.44%
Views
31
Current Estimated Value
$406,446

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$23,554
Avg. Annual Appreciation
-2.07%
Original Mortgage
$165,600
Outstanding Balance
$160,348
Interest Rate
6.27%
Estimated Equity
$246,098

Purchase Details

Closed on
Jun 28, 1996
Sold by
Nowlin George
Bought by
Bailey Lajuan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,396
Interest Rate
8.05%
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

Date Buyer Sale Price Title Company
Korra Hiwot Abera $430,000 Old Republic National Title
Bailey Lajuan M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Korra Hiwot Abera $165,600
Open Korra Hiwot Abera $268,400
Previous Owner Bailey Lajuan M $82,396
Closed Bailey Lajuan M $14,275
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2023 05/16/23 Sold $430,000 -2.3% $395 / Sq Ft
03/14/2023 03/14/23 Pending -- -- --
02/18/2023 02/18/23 Price Changed $440,000 -2.2% $404 / Sq Ft
01/24/2023 01/24/23 For Sale $450,000 0.0% $414 / Sq Ft
12/29/2022 12/29/22 Pending -- -- --
12/28/2022 12/28/22 For Sale $450,000 -- $414 / 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
2025 -- $418,990 $133,210 $285,780
2024 $2,076 $411,680 $131,170 $280,510
2023 $2,076 $286,240 $130,620 $155,620
2022 $2,260 $265,880 $129,540 $136,340
2021 $2,129 $250,440 $127,630 $122,810
2020 $2,107 $247,920 $128,030 $119,890
2019 $2,017 $237,240 $126,570 $110,670
2017 $1,720 $202,380 $0 $0
2016 $1,555 $182,920 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Norman Slye

    Seller's Agent in 2023

    Norman Slye

    Real Broker, LLC

    (302) 480-0070

    1 in this area

    115 Total Sales

    Norman Slye
    Section Image
  • Rebecca Williams

    Seller Co-Listing Agent in 2023

    Rebecca Williams

    Real Broker, LLC

    (301) 305-1113

    1 in this area

    108 Total Sales

    Rebecca Williams
    Section Image
  • Bill Jackson

    Buyer's Agent in 2023

    Bill Jackson

    Real Living at Home

    (202) 256-9530

    1 in this area

    45 Total Sales

    Bill Jackson
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DCDC2078624

Bright MLS

APN: 5523-0045

District of Columbia District of Columbia County Washington 20020 Fort Davis

1702 40th St SE, Washington, DC

Not Listed for Sale

Townhouses

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