NOT LISTED FOR SALE

2305 Nicholson St SE Washington, DC 20020

Fairlawn Neighborhood

Estimated Value: $317,000

3 Beds
1 Bath
1,376 Sq Ft
$230/Sq Ft Est. Value

Last Sold January 27, 2021

Last sale price $475,000 $345 Per Sq Ft

Est. 33% decrease in value since last sale

Current estimated payment $1,991/month

Highlights

  • Colonial Architecture
  • No HOA
  • Central Heating and Cooling System

About This Home

As of January 2021

RARELY FOUND SEMI-DETACHED 2- STORY MULTIFAMILY UNIT, IDENTIFIED AS 2305 NICHOLSON STREET,SE AND 2307 NICHOLSON STREET,SE ( ALSO LISTED FOR SALE), EACH CONTAINING THREE BEDROOMS AND ONE BATH, SITTING ON NEARLY 7,000 SQUARE FEET OF LAND. A FEASIBILITY STUDY, KNOWN AS THE "NICHOLSON STREET" HAS BEEN DONE TO CONVERT THE PROPERTY INTO A 12-15 UNIT CONDO BUILDING!!! THIS IS AN INVESTOR'S DREAM!! LOCATED TWO BLOCKS FROM PENNSYLVANIA AVENUE AND WITHIN MINUTES OF BUS AND RAIL LINES (POTOMAC AVENUE METRO), SCHOOLS, COFFEE SHOPS, CAFES, AND RESTAURANTS, GET INTO THIS PRIME LOCATION AT THIS PRICE IS UNBELIEVABLE IN THIS SOUGHT AFTER NEIGHBORHOOD!!!

Last Agent to Sell the Property

Linda Fei

(703) 282-7281 lindafei88@gmail.com Samson Properties License #581615 Listed on: 09/30/2020

Samson Properties

Last Buyer's Agent

Vikas Goel

(703) 975-2485 vgoel@yahoo.com Fairfax Realty of Tysons

Fairfax Realty of Tysons

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,268

Year Built

  • Built in 1910

Lot Details

  • 2,895 Sq Ft Lot

Parking

  • Off-Street Parking

Home Design

  • Semi-Detached or Twin Home
  • Colonial Architecture

Interior Spaces

  • 1,376 Sq Ft Home
  • Property has 3 Levels
  • Basement
  • Connecting Stairway

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Anacostia Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5561//0032

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,268

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Year Built: 1910
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Connecting Stairway
  • Total Sq Ft: 1376
  • Living Area Sq Ft: 1376
  • Price Per Sq Ft: 545.06
  • Above Grade Finished Sq Ft: 1376
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2305

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • 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
  • Senior Community: No

Schools

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

Lot Info

  • Lot Size Acres: 0.07
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2895.00
  • Soil Types: Unknown
  • Year Assessed: 2020
  • Zoning: RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2268.00
  • Assessor Parcel Number: 5561//0032
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 01/27/2021

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2020
Closed on
Jan 27, 2021
Sold by
Randolph Daryl T and Randolph Moriel
Bought by
Nicholson Apartments Llc
Seller's Agent
Linda Fei
Samson Properties
Buyer's Agent
Vikas Goel
Fairfax Realty of Tysons
List Price
$750,000
Sold Price
$475,000
Premium/Discount to List
-$275,000
-36.67%
Current Estimated Value
$317,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$158,000
Original Mortgage
$712,500
Outstanding Balance
$637,618
Interest Rate
2.6%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 18, 2007
Sold by
Treadwell Jerone
Bought by
Randolph Daryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,750
Interest Rate
6.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2000
Sold by
Walters Gwnedolyn S
Bought by
Treadwell Jerome

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,000
Interest Rate
8.18%
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
Nicholson Apartments Llc $950,000 None Available
Randolph Daryl $253,000 --
Treadwell Jerome $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nicholson Apartments Llc $712,500
Previous Owner Randolph Daryl $189,750
Previous Owner Treadwell Jerome $37,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2021 01/27/21 Sold $475,000 -36.7% $345 / Sq Ft
09/30/2020 09/30/20 Pending -- -- --
09/30/2020 09/30/20 For Sale $750,000 -- $545 / 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
2020 $2,268 $266,850 $137,890 $128,960
2019 -- $245,920 $134,180 $111,740
2018 -- $234,270 $0 $0
2017 -- $227,680 $0 $0
2016 -- $209,750 $0 $0
2015 -- $198,630 $0 $0
2014 -- $175,670 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Linda Fei

    Seller's Agent in 2021

    Linda Fei

    Samson Properties

    (703) 282-7281

    2 in this area

    53 Total Sales

    Linda Fei
    Section Image
  • Vikas Goel

    Buyer's Agent in 2021

    Vikas Goel

    Fairfax Realty of Tysons

    (703) 975-2485

    3 in this area

    116 Total Sales

    Vikas Goel
    Section Image
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Map

Source: Bright MLS

MLS Number: DCDC489602

Bright MLS

APN: 5561-0032

District of Columbia District of Columbia County Washington 20020 Fairlawn

2305 Nicholson St SE, Washington, DC

This home is located at 2305 Nicholson St SE, Washington, DC 20020 since 30 September 2020 and is currently priced at $317,000, approximately $230 per square foot. This property was built in 1910. 2305 Nicholson St SE is a home located in District of Columbia with nearby schools including Lawrence E. Boone Elementary School, Kramer Middle School, and Anacostia High School.

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