NOT LISTED FOR SALE

Estimated Value: $1,870,877 - $2,102,000

-- Bed
4 Baths
4,000 Sq Ft
$497/Sq Ft Est. Value

Last Sold April 06, 2021

Last sale price $1,850,000 $462 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $12,726/month

1 Day on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • Terrace
  • Marie Reed Elementary School Rated A-
  • Victorian Architecture
  • 2-minute walk to T Street Park

About This Home

As of April 2021

See 3D Matterport Tour Link on Summary Document. Located in Dupont Circle, this wonderful income-producing, 3-unit row house is located on Willard Street, a one-way, quiet block tucked away between 17th and 18th Streets NW, just south of U Street. The three-story plus basement rowhouse features three units: Unit 1 is a 2 bedroom, 1 bath English basement apartment boasting its own entrance and private patio that runs alongside the living room. Unit 2 is located on the first floor of the building and features 2 bedrooms, and 1.5 baths. Unit 3 (ideal owner's suite) spans across the second and third floor and boasts 3 bedrooms, 2 bathrooms, and an open-concept living area w/ vaulted ceilings that connects to an amazing roof terrace. The home's current rent roll features a 5.7% cap rate at the property's current list price. The phenomenal location in Dupont Circle embodies DC living at its best. It's no surprise this home's location is labeled a "Walker's and Biker's Paradise" with a 97 WalkScore and 93 BikeScore. You'll find everything you'll need within blocks including grocery stores, countless restaurants, shops, entertainment, public transit, and recreation (including tennis courts, and indoor swimming pool at Marie Reed and the YMCA). Whether you choose to call 1724 Willard Street your full-time residence, a pied-a-terre while visiting/working in DC, or simply as a fully-leased income property, you're bound to fall in love with the home and its sought-after location. The property was fully gutted and rebuilt in 1989. Each of the apartments feature their own HVAC systems, hot water heaters, and in-unit washer/dryers. The property is a registered 3-unit apartment building with the District of Columbia and has an active Certificate of Occupancy and Business/Rental License. The current owner has enjoyed decades of consistent income from this reliable and quality investment however now it's time for her to relocate to Florida and for a new owner to take the reins. Don't let this amazing opportunity pass you by.

Last Agent to Sell the Property

Mark Meyerdirk

Urban Brokers, LLC Listed on: 03/08/2021

Last Buyer's Agent

Ehad Hancioglu

TTR Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,688

Year Built

  • Built in 1908

Lot Details

  • 1,600 Sq Ft Lot
  • Property is in good condition

Home Design

  • Triplex
  • Victorian Architecture
  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • Open Floorplan
  • Built-In Features
  • Window Treatments
  • Wood Flooring
  • English Basement

Kitchen

  • Electric Oven or Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • 1 Off-Street Space

Outdoor Features

  • Patio
  • Terrace

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Natural Gas Water Heater

Listing and Financial Details

  • The owner pays for real estate taxes, water
  • Tax Lot 813
  • Assessor Parcel Number 0151//0813

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • 4-Story Building

Building Details

  • 1 Vacant Unit
  • Income includes apartment rentals, parking
  • Operating Expense $16,480
  • Net Operating Income $108,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,688

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Victorian
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2021-03-12
  • Year Built: 1908
  • Building Winterized: No
  • Remarks Public: See 3D Matterport Tour Link on Summary Document. Located in Dupont Circle, this wonderful income-producing, 3-unit row house is located on Willard Street, a one-way, quiet block tucked away between 17th and 18th Streets NW, just south of U Street. The three-story plus basement rowhouse features three units: Unit 1 is a 2 bedroom, 1 bath English basement apartment boasting its own entrance and private patio that runs alongside the living room. Unit 2 is located on the first floor of the building and features 2 bedrooms, and 1.5 baths. Unit 3 (ideal owner's suite) spans across the second and third floor and boasts 3 bedrooms, 2 bathrooms, and an open-concept living area w/ vaulted ceilings that connects to an amazing roof terrace. The home's current rent roll features a 5.7% cap rate at the property's current list price. The phenomenal location in Dupont Circle embodies DC living at its best. It's no surprise this home's location is labeled a "Walker's and Biker's Paradise" with a 97 WalkScore and 93 BikeScore. You'll find everything you'll need within blocks including grocery stores, countless restaurants, shops, entertainment, public transit, and recreation (including tennis courts, and indoor swimming pool at Marie Reed and the YMCA). Whether you choose to call 1724 Willard Street your full-time residence, a pied-a-terre while visiting/working in DC, or simply as a fully-leased income property, you're bound to fall in love with the home and its sought-after location. The property was fully gutted and rebuilt in 1989. Each of the apartments feature their own HVAC systems, hot water heaters, and in-unit washer/dryers. The property is a registered 3-unit apartment building with the District of Columbia and has an active Certificate of Occupancy and Business/Rental License. The current owner has enjoyed decades of consistent income from this reliable and quality investment however now it's time for her to relocate to Florida and for a new owner to take the reins. Don't let this amazing opportunity pass you by.
  • Special Features: None

Interior Features

  • Appliances: Oven/Range - Electric, Refrigerator, Dishwasher, Washer, Dryer
  • Flooring Type: Hardwood
  • Interior Amenities: Built-Ins, Floor Plan - Open, Window Treatments
  • Fireplace: No
  • Basement: Yes
  • Basement Type: English
  • Total Sq Ft: 4000
  • Living Area Sq Ft: 4000
  • Price Per Sq Ft: 586.19
  • Above Grade Finished Sq Ft: 2900
  • Below Grade Finished Sq Ft: 1100
  • Total Below Grade Sq Ft: 1100
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1724

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Flat
  • 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: 1
  • Type Of Parking: Off Street
  • Off Street Parking Spaces: 1

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Monthly Average Electric: 35
  • Previous Twelve Months Electric Expense: 420.00
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Monthly Water Average: 208
  • Water Previous Twelve Months: 2496.00
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • School District Key: 121140357950
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 800790.00
  • Land Assessed Value: 721810.00
  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1600.00
  • Outdoor Living Structures: Patio(s), Roof, Terrace
  • Property Condition: Good
  • Soil Types: Urban Land-Sassafras-Chillum
  • Year Assessed: 2020
  • Zoning: RESIDENTIAL. R2A
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Month To Month
  • Number Of Units Month To Month: 2
  • Owner Pays: Taxes - Real Estate, Water
  • Rent Control: No
  • Total Actual Rent: 125280.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15969435
  • Tax Annual Amount: 12688.00
  • Assessor Parcel Number: 0151//0813
  • Tax Lot: 813
  • Tax Year: 2020
  • Close Date: 04/06/2021

Multi Family

  • Number Of Units Vacant: 1
  • Gross Income: 125280.00
  • Income Includes: Apartment Rentals, Parking
  • Operating Expense: 16480.00

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 5, 2025
Sold by
Kilical Hatice Ferhan and Kilical Adil A
Bought by
Kilical Living Trust and Kilical
Current Estimated Value
$1,986,439

Purchase Details

Listed on
Mar 8, 2021
Closed on
Apr 6, 2021
Sold by
The Maria L Haber Revocable Trust
Bought by
Kilical Adil A and Kilical Hatice Ferhan
Seller's Agent
Mark Meyerdirk
Urban Brokers, LLC
Buyer's Agent
Ehad Hancioglu
TTR Sotheby's International Realty
List Price
$1,699,950
Sold Price
$1,850,000
Premium/Discount to List
$150,050
8.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.41%
Original Mortgage
$847,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 3, 2018
Sold by
Haber Maria L
Bought by
Haber Maria L and The Maria L Haber Revocable Tr
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
Kilical Living Trust -- None Listed On Document
Kilical Adil A $1,850,000 Olympia Title Llc
Haber Maria L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kilical Adil A $847,000
Previous Owner Haber Maria L $425,000
Previous Owner Haber Maria L $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2021 04/06/21 Sold $1,850,000 +8.8% $463 / Sq Ft
03/09/2021 03/09/21 Pending -- -- --
03/08/2021 03/08/21 For Sale $1,699,950 -- $425 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC2000338

Bright MLS

APN: 0151 0813