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

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

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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