NOT LISTED FOR SALE

218 7th St SE Washington, DC 20003

Capitol Hill Neighborhood

Estimated Value: $3,621,955

-- Bed
6 Baths
-- Sq Ft
2,406 Sq Ft Lot

Last Sold February 18, 2022

Last sale price $3,600,000

Est. 1% increase in value since last sale

Current estimated payment $23,614/month

Highlights

  • Transitional Architecture
  • 3-minute walk to Eastern Market
  • More Than Two Accessible Exits
  • Brent Elementary School Rated A
  • No HOA
  • 4-minute walk to Eastern Market Metro Park

About This Home

As of February 2022

LARGE PRICE ADJUSTMENT! Multi- Unit Commercial Building w/ endless possibilities! Convert entire building to residential or keep as income generating mixed-use property! Prime location, Heart of Capitol Hill Historic District, Commercially Zoned 4 level Townhouse across from Historic Eastern Market. Mixed Use-Retail w/ potential to add significant value. Zoned MU-25. * Main Level & 1st Floor: Retail * 2nd Floor: Retail and Office (2 bathrooms) * 3rd Floor: Two (1) Bedroom 1.5 Bath Loft Apartments w/ exterior decks - 1 Vacant, 1 Month-to-Month 2 Parking Spaces in Rear. GBA 9,939SF,(as per DC OTR tax records) Ideal for Non-Profit, Lobbyists, Restaurants, Headquarters Bldg, Law Firm

Last Agent to Sell the Property

Kathleen Kaupp

(202) 255-0952 kkaupp@cbmove.com Coldwell Banker Realty - Washington License #BO17562 Listed on: 05/12/2021

Coldwell Banker Realty - Washington

Co-Listed By

Alejandro Golding

(202) 276-2590 alejandro.golding@gmail.com Coldwell Banker Realty - Washington License #SP98371416

Last Buyer's Agent

Alejandro Golding

(202) 276-2590 alejandro.golding@gmail.com Coldwell Banker Realty - Washington License #SP98371416

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $49,671

Year Built

  • Built in 1969

Lot Details

  • 2,406

Home Design

  • Duplex
  • Transitional Architecture
  • Brick Exterior Construction

Parking

  • 2 Parking Spaces
  • 2 Off-Site Spaces

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater
  • Public Septic

Additional Features

  • More Than Two Accessible Exits
  • 2,406 Sq Ft Lot

Community Details

  • No Home Owners Association
  • 4 Units
  • Capitol Hill Subdivision

Listing and Financial Details

  • Tax Lot 68
  • Assessor Parcel Number 0900//0068

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$49,671

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Architectural Style: Transitional
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1969
  • Remarks Public: LARGE PRICE ADJUSTMENT! Multi- Unit Commercial Building w/ endless possibilities! Convert entire building to residential or keep as income generating mixed-use property! Prime location, Heart of Capitol Hill Historic District, Commercially Zoned 4 level Townhouse across from Historic Eastern Market. Mixed Use-Retail w/ potential to add significant value. Zoned MU-25. * Main Level & 1st Floor: Retail * 2nd Floor: Retail and Office (2 bathrooms) * 3rd Floor: Two (1) Bedroom 1.5 Bath Loft Apartments w/ exterior decks - 1 Vacant, 1 Month-to-Month 2 Parking Spaces in Rear. GBA 9,939SF,(as per DC OTR tax records) Ideal for Non-Profit, Lobbyists, Restaurants, Headquarters Bldg, Law Firm
  • Special Features: None

Interior Features

  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 218

Exterior Features

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

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Site
  • Off Site Number Of Spaces: 2

Utilities

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

Condo/Co-op/Association

  • HOA: 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: 2198770.00
  • Land Assessed Value: 716170.00
  • Lot Size Acres: 0.06
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2406.00
  • Soil Types: Unknown
  • Year Assessed: 2021
  • Zoning: MU-25
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15990740
  • Tax Annual Amount: 49671.00
  • Assessor Parcel Number: 0900//0068
  • Tax Lot: 68
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 02/18/2022

Multi Family

  • Single Room Units Count: 2

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2021
Closed on
Feb 18, 2022
Sold by
North Carolina Avenue Limited Partnershi
Bought by
218 7Th St Se Llc
Seller's Agent
Kathleen Kaupp
Coldwell Banker Realty - Washington
Buyer's Agent
Alejandro Golding
Coldwell Banker Realty - Washington
List Price
$4,750,000
Sold Price
$3,600,000
Premium/Discount to List
-$1,150,000
-24.21%
Current Estimated Value
$3,621,955

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,955
Avg. Annual Appreciation
0.17%
Original Mortgage
$2,560,000
Outstanding Balance
$2,377,154
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$1,244,801
Source: Public Records

Range of Values:

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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
218 7Th St Se Llc $3,600,000 Mid Arlantic Settlement Servic
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 218 7Th St Se Llc $2,560,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/18/2022 02/18/22 Sold $3,600,000 -9.9% --
08/18/2021 08/18/21 Price Changed $3,995,000 -15.9% --
06/19/2021 06/19/21 For Sale $4,750,000 +31.9% --
05/14/2021 05/14/21 Off Market $3,600,000 -- --
05/12/2021 05/12/21 For Sale $4,750,000 -- --
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 $53,609 $3,249,030 $730,490 $2,518,540
2023 $44,315 $2,685,750 $716,170 $1,969,580
2022 $42,157 $2,914,940 $716,170 $2,198,770
2021 $49,672 $3,434,560 $716,170 $2,718,390
2020 $48,693 $3,366,840 $651,060 $2,715,780
2019 $44,046 $3,045,570 $591,880 $2,453,690
2018 $39,936 $2,761,370 $0 $0
2017 $36,147 $2,499,400 $0 $0
2016 $37,795 $2,290,630 $0 $0
2015 $32,310 $2,234,050 $0 $0
2014 $31,606 $2,185,420 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kathleen Kaupp

    Seller's Agent in 2022

    Kathleen Kaupp

    Coldwell Banker (NRT-Southeast-MidAtlantic)

    (202) 255-0952

    12 in this area

    15 Total Sales

    Kathleen Kaupp
    Section Image

  • A

    Seller Co-Listing Agent in 2022

    Alejandro Golding

    Coldwell Banker (NRT-Southeast-MidAtlantic)

    (202) 276-2590

    11 in this area

    16 Total Sales

    Alejandro Golding
    Section Image
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Map

Source: Bright MLS

MLS Number: DCDC519746

Bright MLS

APN: 0900-0068

District of Columbia District of Columbia County Washington 20003 Capitol Hill

218 7th St SE, Washington, DC

This home is located at 218 7th St SE, Washington, DC 20003 since 12 May 2021 and is currently estimated at $3,621,955. This property was built in 1969. 218 7th St SE is a home located in District of Columbia with nearby schools including Brent Elementary School, Jefferson Middle School Academy, and Eastern High School.

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