NOT LISTED FOR SALE

1921 Benning Rd NE Washington, DC 20002

Kingman Park Neighborhood

Estimated Value: $548,327

-- Bed
-- Bath
-- Sq Ft
2,160 Sq Ft Lot

Last Sold October 15, 2018

Last sale price $500,000

Est. 10% increase in value since last sale

Current estimated payment $4,131/month

Highlights

  • No HOA
  • Brick Driveway
  • 4-minute walk to Rosedale Recreation Center

About This Home

As of October 2018

Benning Road Retail/Residential Redevelopment - 24,000 Daily Traffic Count. Alley Access 1 Parking Attached. Rare Opportunity to acquire Prime,Centrally located in DC's most rapidly redeveloping neighborhoods.Two levels 1st Floor-Retail, 2nd Floor-3 Bedrooms/1Bath Residential Unit.The subject property will be delivered 100% vacant, Ideal for Developer,Investor and Owner-operator

Last Agent to Sell the Property

Kevin Shin

(703) 395-3123 ksrealtyteam@gmail.com Fairfax Realty 50/66 LLC Listed on: 05/31/2018

Last Buyer's Agent

Kevin Shin

(703) 395-3123 ksrealtyteam@gmail.com Fairfax Realty 50/66 LLC Listed on: 05/31/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,391

Year Built

  • Built in 1925

Lot Details

  • 2,160

Parking

  • Brick Driveway

Home Design

  • Brick Exterior Construction

Schools

  • Browne Education Campus Middle School

Additional Features

  • 2,160 Sq Ft Lot
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • 2 Units
  • Old City #1 Subdivision

Listing and Financial Details

  • Tax Lot 808
  • Assessor Parcel Number 4514//0808

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,391

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: No

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
  • Parking Features: Brick Driveway
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Heating Fuel: Electric
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • Middle Or Junior School: BROWNE EDUCATION CAMPUS

Lot Info

  • Improvement Assessed Value: 294770.00
  • Land Assessed Value: 264820.00
  • Lot Size Acres: 0.05
  • Lot Size Area: 2160
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2160.00
  • Soil Types: Unknown
  • Zoning: MIXED US
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16080203
  • Tax Annual Amount: 6391.48
  • Assessor Parcel Number: 4514//0808
  • Tax Lot: 808
  • Tax Year: 2017

Multi Family

  • Vacancy Allowance Rate: 100.00

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2018
Closed on
Oct 15, 2018
Sold by
Han Stephen Kwang and Han Ok H
Bought by
1921 Benning Rd Ne Llc
Seller's Agent
Kevin Shin
Fairfax Realty 50/66 LLC
Buyer's Agent
Kevin Shin
Fairfax Realty 50/66 LLC
List Price
$777,000
Sold Price
$500,000
Premium/Discount to List
-$277,000
-35.65%
Current Estimated Value
$548,327

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,327
Original Mortgage
$325,000
Outstanding Balance
$283,445
Interest Rate
4.6%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
1921 Benning Rd Ne Llc $500,000 Realty Title Services Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1921 Benning Rd Ne Llc $325,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2018 10/15/18 Sold $500,000 -35.6% --
06/07/2018 06/07/18 Pending -- -- --
05/31/2018 05/31/18 For Sale $777,000 -- --
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 $15,057 $912,570 $356,140 $556,430
2023 $7,914 $708,720 $349,160 $359,560
2022 $7,915 $708,840 $349,160 $359,680
2021 $7,745 $708,840 $349,160 $359,680
2020 $7,215 $677,110 $317,430 $359,680
2019 $7,712 $615,550 $288,580 $326,970
2018 $6,555 $559,590 $0 $0
2017 $7,007 $508,720 $0 $0
2016 $8,394 $508,720 $0 $0
2015 $5,967 $508,720 $0 $0
2014 $6,411 $508,720 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kevin Shin

    Seller's Agent in 2018

    Kevin Shin

    Fairfax Realty 50/66 LLC

    (703) 395-3123

    45 Total Sales

    Kevin Shin
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Map

Source: Bright MLS

MLS Number: 1001733464

Bright MLS

APN: 4514-0808

District of Columbia District of Columbia County Washington 20002 Kingman Park

1921 Benning Rd NE, Washington, DC

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