$2,900,000
SOLD JUL 24, 2020
-- Bed
-- Bath
5,420 Sq Ft
2,080 Sq Ft Lot

Recently Sold

$535 Per Sq Ft

23% Below List Price

241 Days on Market

Highlights

  • Victorian Architecture
  • 2 Fireplaces
  • Central Air
  • Ross Elementary School Rated A
  • No HOA
  • 3-minute walk to S Street Dog Park

About This Home

As of July 2020

UNBELIEVABLE OPPORTUNITY IN DUPONT! This detached home on a double (triple?) lot is the crown jewel of Dupont Circle, with over 5,000 sq ft of living space and SIX parking spaces, and four beautiful units. Live in the sprawling, sun-drenched, luxurious, enormous two-level corner unit in this detached Dupont Mansion and rent THREE other units for over $140k per year, or rent them all out for about $225k per year, or convert to even more total units if you'd like to have even more income or to sell as luxury condos. RA-8 zoning allows any number of units to be created (subject to other limitations, of course). Light floods the home from three exposures, and each of the three lower units (2 1BR/1BA and 1 2BR/1BA) is in excellent condition for the highest income possible.

Last Agent to Sell the Property

David Bediz

RLAH @properties License #0225083068 Listed on: 11/06/2019

RLAH @properties

Co-Listed By

Richard Ross

Keller Williams Capital Properties

Last Buyer's Agent

Priti Malhotra

KW United

KW United

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,210

Year Built

  • Built in 1915

Lot Details

  • 2,080 Sq Ft Lot

Parking

  • Driveway

Home Design

  • Quadruplex
  • Victorian Architecture
  • Brick Exterior Construction
  • Slate Roof

Interior Spaces

  • 2 Fireplaces

Utilities

  • Central Air
  • Radiant Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • The owner pays for all utilities
  • Tax Lot 814
  • Assessor Parcel Number 0153//0814

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • 4-Story Building
  • Dupont Circle Subdivision

Building Details

  • 4 Vacant Units
  • Income includes parking, apartment rentals
  • Net Operating Income $205,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,210

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Architectural Style: Victorian
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Expected On Market: 2019-11-07
  • Year Built: 1915
  • Remarks Public: UNBELIEVABLE OPPORTUNITY IN DUPONT! This detached home on a double (triple?) lot is the crown jewel of Dupont Circle, with over 5,000 sq ft of living space and SIX parking spaces, and four beautiful units. Live in the sprawling, sun-drenched, luxurious, enormous two-level corner unit in this detached Dupont Mansion and rent THREE other units for over $140k per year, or rent them all out for about $225k per year, or convert to even more total units if you'd like to have even more income or to sell as luxury condos. RA-8 zoning allows any number of units to be created (subject to other limitations, of course). Light floods the home from three exposures, and each of the three lower units (2 1BR/1BA and 1 2BR/1BA) is in excellent condition for the highest income possible.
  • Special Features: None

Interior Features

  • Fireplaces Count: 2
  • Total Sq Ft: 5796
  • Living Area Sq Ft: 5420
  • Price Per Sq Ft: 749.31
  • Above Grade Finished Sq Ft: 4336
  • Below Grade Finished Sq Ft: 1084
  • Below Grade Sq Ft: 376
  • Total Below Grade Sq Ft: 1460
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1755

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Radiant
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: 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: 1504090.00
  • Land Assessed Value: 791670.00
  • Lot Size Acres: 0.05
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2080.00
  • Soil Types: Urban Land-Sassafras-Chillum
  • Year Assessed: 2019
  • Zoning: RA8
  • Zoning Description: RA-8 Zoning allows for any number of units, 50 feet building height, 60% lot occupancy and 1.8 FAR (1.8x the lot size for sq ft)
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Owner Pays: All Utilities
  • Rent Control: No
  • Total Actual Rent: 225000.00
  • Units Furnished: Some
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15970076
  • Tax Annual Amount: 18210.00
  • Assessor Parcel Number: 0153//0814
  • Tax Lot: 814
  • Tax Total Finished Sq Ft: 5420
  • Tax Data Updated: No
  • Tax Year: 2019
  • Close Date: 07/24/2020

Multi Family

  • Number Of Units Vacant: 4
  • Gross Income: 230000.00
  • Income Includes: Parking, Apartment Rentals
  • Other Units: Unit 4

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2019
Closed on
Jul 24, 2020
Sold by
Ross Mary Lotto and Ross Richard T
Bought by
Kanwal Inderpal and Kanwal Harpreet
Seller's Agent
David Bediz
RLAH @properties
Buyer's Agent
Priti Malhotra
KW United
List Price
$3,749,000
Sold Price
$2,900,000
Premium/Discount to List
-$849,000
-22.65%
Total Days on Market
241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.01%
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 Type Sale Price Title Company
Special Warranty Deed $2,900,000 Strategic Natl Title Grp Llc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2025 02/21/25 Price Changed $2,888,888 -0.2% $475 / Sq Ft
09/18/2024 09/18/24 Price Changed $2,895,000 -2.7% $476 / Sq Ft
07/25/2024 07/25/24 Price Changed $2,975,000 -4.0% $489 / Sq Ft
06/05/2024 06/05/24 Price Changed $3,100,000 -3.9% $509 / Sq Ft
03/04/2024 03/04/24 For Sale $3,225,500 +11.2% $530 / Sq Ft
07/24/2020 07/24/20 Sold $2,900,000 -10.7% $535 / Sq Ft
07/04/2020 07/04/20 Pending -- -- --
03/16/2020 03/16/20 Price Changed $3,249,000 -11.0% $599 / Sq Ft
02/10/2020 02/10/20 Price Changed $3,649,000 -2.7% $673 / Sq Ft
11/06/2019 11/06/19 For Sale $3,749,000 0.0% $692 / Sq Ft
10/31/2019 10/31/19 Price Changed $3,749,000 -- $692 / 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 $25,027 $2,944,390 $835,700 $2,108,690
2023 $24,539 $2,886,990 $834,640 $2,052,350
2022 $24,379 $2,868,120 $815,710 $2,052,410
2021 $20,185 $2,374,730 $807,640 $1,567,090
2020 $9,435 $2,295,760 $791,670 $1,504,090
2019 $18,211 $2,217,270 $777,750 $1,439,520
2018 $17,454 $2,126,790 $0 $0
2017 $16,349 $1,995,810 $0 $0
2016 $15,265 $1,867,560 $0 $0
2015 $15,059 $1,843,000 $0 $0
2014 $14,189 $1,739,480 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC448774

Bright MLS

APN: 0153-0814