NOT LISTED FOR SALE

Estimated Value: $916,399 - $1,006,000

-- Bed
5 Baths
4,652 Sq Ft
$207/Sq Ft Est. Value

Last Sold November 25, 2015

Last sale price $670,000 $144 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $5,847/month

161 Days on Market

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • Property is in very good condition

About This Home

As of November 2015

Tremendous Opportunity- solid 5 unit corner property rare find(3) 2BR 2BA units. Positive rental income now or go condo. Super quiet residential neighborhood of mostly single family homes. Building was renovated a few years ago to include CAC, electrical heavy up, windows, and other improvements. Unit no. 2 is vacant but does not show well. Other units occupied, do not disturb the tenants!!!

Last Agent to Sell the Property

Terrence Brown

Compass License #501657 Listed on: 03/24/2015

Compass

Last Buyer's Agent

Gilbert Poudrier

TTR Sotheby's International Realty

TTR Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,339

Year Built

  • Built in 1936

Lot Details

  • 3,749 Sq Ft Lot
  • Property is in very good condition

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Basement

  • Connecting Stairway
  • Side Exterior Basement Entry
  • Crawl Space

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • The owner pays for real estate taxes, repairs, management, insurance, advertising/licenses and permits
  • Tax Lot 127
  • Assessor Parcel Number 3337//0127

Community Details

Overview

  • No Home Owners Association
  • 5 Units
  • Chillum Subdivision

Building Details

  • Operating Expense $32,195
  • Net Operating Income $22,547

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,339

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2015-03-24
  • Year Built: 1936
  • Remarks Public: Tremendous Opportunity- solid 5 unit corner property rare find(3) 2BR 2BA units. Positive rental income now or go condo. Super quiet residential neighborhood of mostly single family homes. Building was renovated a few years ago to include CAC, electrical heavy up, windows, and other improvements. Unit no. 2 is vacant but does not show well. Other units occupied, do not disturb the tenants!!!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Foundation Details: Crawl Space
  • Basement: Yes
  • Basement Type: Connecting Stairway, Outside Entrance, Side Entrance
  • Street Number Modifier: 249

Exterior Features

  • Construction Materials: Brick, Combination
  • 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: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • 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

Schools

  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • School District Key: 121140357950

Green Features

  • Green Verification: No

Lot Info

  • Improvement Assessed Value: 443430.00
  • Land Assessed Value: 184710.00
  • Lot Size Acres: 0.09
  • Lot Size Area: 3749
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3749.00
  • Possible Use: Residential
  • Property Condition: Below Average, Very Good
  • Soil Types: Urban Land-Cristiana-Sunnysider
  • Year Assessed: 2014
  • Zoning: R
  • In City Limits: Yes

Rental Info

  • Lease Term: Negotiable
  • Owner Pays: Taxes - Real Estate, Repairs, Management, Insurance, Advertising/Licenses And Permits
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16060358
  • Tax Annual Amount: 5339.19
  • Assessor Parcel Number: 3337//0127
  • Tax Lot: 127
  • Tax Year: 2014
  • Close Date: 11/25/2015

Multi Family

  • Gross Income: 54742.00
  • Operating Expense: 32195.00
  • Vacancy Allowance Rate: 20.00

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 14, 2021
Sold by
Booms-Boe Elnora C and Dooms Ronald F
Bought by
Boe Elnora C Booms and Dooms Ronald Franklin
Current Estimated Value
$978,196

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$506,000
Outstanding Balance
$456,747
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$504,453

Purchase Details

Listed on
Mar 24, 2015
Closed on
Nov 23, 2015
Sold by
Artis Jo Ann I
Bought by
Domms-Boe Elnora C and Dooms Ronald F
Seller's Agent
Terrence Brown
Compass
Buyer's Agent
Gilbert Poudrier
TTR Sotheby's International Realty
List Price
$750,000
Sold Price
$670,000
Premium/Discount to List
-$80,000
-10.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.78%
Original Mortgage
$500,000
Interest Rate
3.99%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Boe Elnora C Booms -- None Available
Domms-Boe Elnora C $670,000 Optimum Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boe Elnora C Booms $506,000
Closed Domms-Boe Elnora C $500,000
Previous Owner Artis Joann I $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2015 11/25/15 Sold $670,000 -10.7% $144 / Sq Ft
09/01/2015 09/01/15 Pending -- -- --
03/24/2015 03/24/15 For Sale $750,000 -- $161 / 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 $5,908 $695,050 $227,980 $467,070
2023 $5,455 $641,770 $223,520 $418,250
2022 $5,169 $608,110 $223,520 $384,590
2021 $5,748 $676,190 $223,520 $452,670
2020 $5,703 $670,890 $203,200 $467,690
2019 $5,684 $668,690 $184,710 $483,980
2018 $5,550 $652,980 $0 $0
2017 $5,496 $646,530 $0 $0
2016 $5,447 $640,820 $0 $0
2015 $5,290 $622,380 $0 $0
2014 $5,339 $628,140 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001336001

Bright MLS

APN: 3337-0127