NOT LISTED FOR SALE
Studio
4 Baths
2,720 Sq Ft
3,266 Sq Ft Lot

Sale Details

Date Sold: March 25, 2016

Last sale price $485,000 $178 Per Sq Ft

12 Days on Market

Highlights

  • Wood Flooring
  • Cooling System Utilizes Natural Gas
  • Baseboard Heating
  • No HOA
  • Ceiling Fan

About This Home

As of March 2016

Excellent opportunity to own a well-maintained investment property in the nations capitol! Four (4) 2br, 1ba units have separate meters. Fully leased bringing in $4,200/mo, cap rate 10.4% ($50,800 of rents) and 75% of the rent is guaranteed from housing. Improvements including a (new flat roof, new pipes, new stoves and new water heater in one unit). Total improvements $30k in the past year.

Last Agent to Sell the Property

Kasra Divband

(202) 847-4466 kas.divband@compass.com Keller Williams Capital Properties Listed on: 01/21/2016

Keller Williams Capital Properties

Last Buyer's Agent

Morgan Knull

(703) 652-7000 morgan@knull.com RE/MAX Gateway, LLC License #576602

RE/MAX Gateway, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,056

Year Built

  • Built in 1941 | Remodeled in 2009

Lot Details

  • 3,266 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Ceiling Fan
  • Wood Flooring

Kitchen

  • Gas Oven or Range
  • Microwave
  • Disposal

Utilities

  • Cooling System Utilizes Natural Gas
  • Window Unit Cooling System
  • Radiator
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 55
  • Assessor Parcel Number 5046//0055

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Deanwood Subdivision

Building Details

  • Operating Expense $14,400
  • Net Operating Income $36,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,056

Year Built

Built in 1941 | Remodeled in 2009

Lot Details

3,266 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1941
  • Year Renovated: 2009
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Disposal, Microwave, Oven/Range - Gas, Refrigerator
  • Interior Amenities: Wood Floors
  • Fireplace: No
  • Basement: No
  • Price Per Sq Ft: 142.65

Exterior Features

  • Construction Materials: Brick
  • 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: No
  • Cooling Fuel: Natural Gas
  • Cooling Type: Window Unit(s), Ceiling Fan(s)
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard, Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 149120.00
  • Land Assessed Value: 123420.00
  • Lot Size Acres: 0.07
  • Lot Size Area: 3266
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3266.00
  • Soil Types: Unknown
  • Zoning: RES
  • In City Limits: Yes

Rental Info

  • Lease Term: 12 Months
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16082496
  • Tax Annual Amount: 2056.00
  • Assessor Parcel Number: 5046//0055
  • Tax Lot: 55
  • Tax Year: 2015

Multi Family

  • Gross Income: 50748.00
  • Operating Expense: 14400.00

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/25/2016 03/25/16 Sold $485,000 0.0% $178 / Sq Ft
02/02/2016 02/02/16 Pending -- -- --
01/21/2016 01/21/16 For Sale $485,000 +18.3% $178 / Sq Ft
01/07/2015 01/07/15 Sold $410,000 -3.5% $151 / Sq Ft View Prior Sale
11/18/2014 11/18/14 Pending -- -- --
11/03/2014 11/03/14 For Sale $425,000 -- $156 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,535 $651,220 $158,600 $492,620
2024 $5,472 $643,750 $154,580 $489,170
2023 $5,196 $611,270 $149,320 $461,950
2022 $4,653 $547,390 $146,710 $400,680
2021 $4,161 $489,470 $144,550 $344,920
2020 $3,801 $447,120 $137,300 $309,820
2019 $3,351 $394,260 $134,230 $260,030
2018 $2,933 $345,020 $0 $0
2017 $2,445 $287,680 $0 $0
2016 $2,317 $272,540 $0 $0
2015 $2,057 $241,980 $0 $0
2014 $1,855 $218,190 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001358337

Bright MLS

APN: 5046 0055

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