$1,339,000
SOLD DEC 18, 2012
-- Bed
-- Bath
2,044 Sq Ft
1,454 Sq Ft Lot

Recently Sold

$655 Per Sq Ft

3% Above List Price

7 Days on Market

Highlights

  • Wood Flooring
  • Whirlpool Bathtub
  • Upgraded Countertops
  • Marie Reed Elementary School Rated A-
  • No HOA
  • 4-minute walk to Ontario Road Playground

About This Home

As of December 2012

Get off the fiscal cliff: Vacant three-unit (2-bed, 2-bath each) in pristine condition with excellent rental history, good cash flow, low expenses, in the heart of Adams Morgan and close to everything for high-dollar rents. All units with separate systems and separately metered except for water. Two separately deeded parking spots available for $25,000 apiece with $200 a month rental potential.

Last Agent to Sell the Property

Brian Sink

Compass Listed on: 11/26/2012

Compass

Co-Listed By

William Reuther

Compass

Last Buyer's Agent

Coley Reed

Long & Foster Real Estate, Inc. License #99254

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,645

Year Built

  • Built in 1913 | Remodeled in 2007

Lot Details

  • 1,454 Sq Ft Lot
  • Partially Fenced Property
  • Property is in very good condition

Home Design

  • Brick Exterior Construction
  • HardiePlank Type

Interior Spaces

  • Crown Molding
  • Wood Flooring
  • Stacked Washer and Dryer

Kitchen

  • Gas Oven or Range
  • Stove
  • Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • En-Suite Bathroom
  • Whirlpool Bathtub

Parking

  • Driveway
  • On-Site Parking for Sale

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • The owner pays for insurance, real estate taxes
  • Tax Lot 816
  • Assessor Parcel Number 2567//0816

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $3,597

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,645

Year Built

Built in 1913 | Remodeled in 2007

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Year Built: 1913
  • Year Renovated: 2007
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven/Range - Gas, Refrigerator, Stove, Washer/Dryer Stacked
  • Interior Amenities: Master Bath(s), Crown Moldings, Upgraded Countertops, Wood Floors, Whirlpool/Hottub
  • Fireplace: No
  • Basement: No

Exterior Features

  • Construction Materials: Brick, Hardiplank Type
  • Construction Completed: No
  • Exterior Features: Sidewalks
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: On-Site - Sale, Concrete Driveway
  • Type Of Parking: Driveway

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Fencing: Partially
  • Improvement Assessed Value: 618550.00
  • Land Assessed Value: 280910.00
  • Lot Size Acres: 0.03
  • Lot Size Area: 1454
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1454.00
  • Outdoor Living Structures: Patio(s)
  • Possible Use: Residential
  • Property Condition: Very Good
  • Soil Types: Unknown
  • Year Assessed: 2011
  • Zoning: LOOKUP
  • In City Limits: Yes

Green Features

  • Green Water Conservation: Low-Flow Fixtures

Rental Info

  • Owner Pays: Insurance, Taxes - Real Estate
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16035129
  • Tax Annual Amount: 7645.41
  • Assessor Parcel Number: 2567//0816
  • Tax Lot: 816
  • Tax Year: 2011
  • Close Date: 12/18/2012

Multi Family

  • Gross Income: 98400.00
  • Metering: Electric Separate, Gas Separate
  • Operating Expense: 3597.00
  • Vacancy Allowance Rate: 100.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 9, 2002
Sold by
Taylor Linda
Bought by
Zelaya-Quesada Myrna Iris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
6.79%
Mortgage Type
Commercial
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 Type Sale Price Title Company
Deed $390,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $862,000 Commercial
Closed $312,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2025 05/20/25 For Sale $1,499,000 +11.9% $527 / Sq Ft
12/18/2012 12/18/12 Sold $1,339,000 +3.1% $655 / Sq Ft
12/03/2012 12/03/12 Pending -- -- --
11/26/2012 11/26/12 For Sale $1,299,000 -- $636 / Sq Ft
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 $12,345 $1,452,330 $565,500 $886,830
2023 $12,294 $1,446,400 $543,200 $903,200
2022 $12,034 $1,415,820 $520,250 $895,570
2021 $11,846 $1,393,700 $507,290 $886,410
2020 $11,484 $1,351,070 $502,170 $848,900
2019 $11,553 $1,359,130 $458,570 $900,560
2018 $11,298 $1,329,160 $0 $0
2017 $11,169 $1,313,970 $0 $0
2016 $10,381 $1,221,260 $0 $0
2015 $10,033 $1,180,320 $0 $0
2014 $9,988 $1,175,080 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004227694

Bright MLS

APN: 2567-0854