NOT LISTED FOR SALE

Estimated Value: $524,000 - $654,000

0.09 Acre
$6,593,444 Price per Acre
3,911 Sq Ft Lot

Last Sold October 06, 2021

Last sale price $285,000

Est. 111% increase in value since last sale

Current estimated payment $3,682/month

37 Days on Market

About This Lot

As of October 2021

INVESTORS! Incredible opportunity to build on a huge lot Ivy City. This vacant lot totals 3,911 SF (RF1) with the ability to build two 5 bedroom townhomes by right. Rent at $7,610 a month or capture the gained value and sell. Curb cut already in place for parking. Huge upside potential with BZA approval for additional units. This location is increasing in value and will be an excellent investment. Call agent for additional information. Seller is very motivated. The telephone pole on the lot has been taken out of service and no longer in use. Buyer must do thier own due diligence.

Last Agent to Sell the Property

Curry Robert

Latitudes LLC Listed on: 08/06/2021

Last Buyer's Agent

Russ Brown

Realty One Group Performance, LLC

Realty One Group Performance, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,258

Lot Details

  • 3,911 Sq Ft Lot
  • Property is zoned RF1

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$4,258

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Vacant
  • New Construction: No
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Remarks Public: INVESTORS! Incredible opportunity to build on a huge lot Ivy City. This vacant lot totals 3,911 SF (RF1) with the ability to build two 5 bedroom townhomes by right. Rent at $7,610 a month or capture the gained value and sell. Curb cut already in place for parking. Huge upside potential with BZA approval for additional units. This location is increasing in value and will be an excellent investment. Call agent for additional information. Seller is very motivated. The telephone pole on the lot has been taken out of service and no longer in use. Buyer must do thier own due diligence.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 83.07
  • Street Number Modifier: 1823

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.09
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3911.00
  • Soil Types: Unknown
  • Zoning: RF1
  • Farmland Preservation: No
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: NO TAX RECORD
  • Tax Year: 2021
  • Close Date: 10/06/2021

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2021
Closed on
Nov 12, 2021
Sold by
Pineless Dean Bradstreet and Stahlbrand Kristina
Bought by
Schwartz William S
Seller's Agent
Curry Robert
Latitudes LLC
Buyer's Agent
Russ Brown
Realty One Group Performance, LLC
List Price
$349,900
Sold Price
$285,000
Premium/Discount to List
-$64,900
-18.55%
Current Estimated Value
$602,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$317,466
Avg. Annual Appreciation
22.06%
Original Mortgage
$308,750
Outstanding Balance
$285,940
Interest Rate
3.01%
Mortgage Type
New Conventional
Estimated Equity
$326,882

Purchase Details

Closed on
Apr 29, 2019
Sold by
Kehoe Mark T
Bought by
Pineles Dean Bradstreet and Stahlbrand Kristina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 13, 2007
Sold by
Mathew Thomas
Bought by
Kehoe Mark T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
6.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2002
Sold by
Edwards Daphne
Bought by
Thomas Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.61%

Purchase Details

Closed on
Jul 25, 2000
Sold by
Mckula Larry
Bought by
Edwards Daphne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,250
Interest Rate
8.18%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Schwartz William S $617,500 Paragon Title & Escrow Co
Pineles Dean Bradstreet $580,000 Avenue Settlement Corp
Kehoe Mark T $460,000 --
Thomas Matthew $300,000 --
Edwards Daphne $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schwartz William S $308,750
Previous Owner Pineles Dean Bradstreet $435,000
Previous Owner Kehoe Mark T $341,000
Previous Owner Kehoe Mark T $355,000
Previous Owner Kehoe Mark T $368,000
Previous Owner Thomas Matthew $240,000
Previous Owner Edwards Daphne $161,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2021 10/06/21 Sold $285,000 -12.3% --
09/12/2021 09/12/21 Pending -- -- --
08/24/2021 08/24/21 Price Changed $324,900 -7.1% --
08/17/2021 08/17/21 For Sale $349,900 0.0% --
08/14/2021 08/14/21 Pending -- -- --
08/06/2021 08/06/21 For Sale $349,900 -- --
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 $4,258 $603,140 $180,940 $422,200
2023 $4,254 $599,140 $179,740 $419,400
2022 $4,047 $568,630 $170,590 $398,040
2021 $4,482 $540,580 $162,170 $378,410
2020 $4,157 $489,030 $146,710 $342,320
2019 $3,628 $501,730 $150,520 $351,210
2018 $3,564 $492,610 $0 $0
2017 $3,600 $495,990 $0 $0
2016 $3,289 $458,670 $0 $0
2015 $3,329 $463,010 $0 $0
2014 $3,077 $432,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC2008020

Bright MLS

APN: 0134-2009