NOT LISTED FOR SALE
Studio
-- Bath
-- Sq Ft
5,500 Sq Ft Lot

Last Sold October 31, 2017

Last sale price $831,000

5 Days on Market

Highlights

  • 0.13 Acre Lot
  • Corner Lot
  • Porch
  • Wood Flooring
  • No HOA
  • Patio

About This Home

As of October 2017

This is an 11 unit building at 2440 S Street SE. Well managed and in excellent condition, but sold "as is". 7 units currently occupied with a few good, long term tenants., Might be good opportunity for future condo conversion (4 units are currently vacant). Most units have new windows, updated kitchens & bathrooms. Heating system less than 2 years old! Quiet building in residential neighborhood.

Last Agent to Sell the Property

Eva-Maria von Bronk

(202) 352-5892 Evonbronk@aol.com Eva Realty, LLC License #521576 Listed on: 09/09/2017

Last Buyer's Agent

siem Abebe

siem@soloinvestmentgroup.com Fairfax Realty Premier

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,002

Year Built

  • Built in 1938

Lot Details

  • 5,500 Sq Ft Lot
  • Partially Fenced Property
  • Landscaped
  • Corner Lot
  • Property is in very good condition

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Outdoor Features

  • Patio
  • Porch

Schools

  • Garfield Elementary School
  • Johnson Middle School

Utilities

  • Radiator
  • Heating System Uses Steam
  • 60+ Gallon Tank

Additional Features

  • Gas Oven or Range
  • Wood Flooring
  • Unfinished Basement

Listing and Financial Details

  • The owner pays for insurance, management, repairs, accounting/legal, advertising/licenses and permits, real estate taxes, all utilities
  • Tax Lot 814
  • Assessor Parcel Number 5624//0814

Community Details

Overview

  • No Home Owners Association
  • 11 Units
  • Anacostia Subdivision

Building Details

  • Income includes laundry
  • Operating Expense $35,839

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,002

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1938
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oven/Range - Gas, Refrigerator
  • Interior Amenities: Wood Floors
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Unfinished

Exterior Features

  • Construction Materials: Brick
  • Exterior Features: Flood Lights, Sidewalks
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Previous Twelve Months Electric Expense: 528.00
  • Gas Avg Month: 553.17
  • Gas Prev12 Months: 6638.00
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator, Steam
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank
  • Sewer/Septic System: Public Sewer
  • Water Previous Twelve Months: 5629.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • Elementary School: GARFIELD
  • Middle Or Junior School: JOHNSON

Lot Info

  • Fencing: Partially
  • Improvement Assessed Value: 433300.00
  • Land Assessed Value: 205700.00
  • Lot Features: Corner, Landscaping
  • Lot Size Acres: 0.13
  • Lot Size Area: 5500
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5500.00
  • Outdoor Living Structures: Patio(s), Porch(es)
  • Property Condition: Very Good
  • Soil Types: Unknown, Neshaminy-Urban Land
  • In City Limits: Yes

Rental Info

  • Lease Term: 12 Months
  • Owner Pays: Insurance, Management, Repairs, Accounting/Legal, Advertising/Licenses And Permits, Taxes - Real Estate, All Utilities
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16098630
  • Tax Annual Amount: 5002.08
  • Assessor Parcel Number: 5624//0814
  • Tax Lot: 814
  • Tax Year: 2016

Multi Family

  • Gross Income: 91576.00
  • Income Includes: Laundry
  • Metering: Electric Separate, Heat Common, Gas Separate
  • Operating Expense: 35839.00
  • Vacancy Allowance Rate: 36.00

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2017 10/31/17 Sold $831,000 +18.9% --
09/14/2017 09/14/17 Pending -- -- --
09/09/2017 09/09/17 For Sale $699,000 -- --
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
2025 $6,044 $711,050 $276,760 $434,290
2024 $7,441 $875,450 $276,760 $598,690
2023 $7,701 $906,000 $271,370 $634,630
2022 $7,562 $889,630 $271,370 $618,260
2021 $7,750 $911,810 $271,370 $640,440
2020 $6,906 $812,440 $246,680 $565,760
2019 $6,159 $724,640 $224,240 $500,400
2017 $5,432 $639,000 $0 $0
2016 $5,002 $588,480 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000126959

Bright MLS