NOT LISTED FOR SALE

Estimated Value: $1,647,721 - $1,915,000

-- Bed
5 Baths
3,726 Sq Ft
$478/Sq Ft Est. Value

Last Sold January 23, 2024

Last sale price $1,650,000 $443 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $11,271/month

44 Days on Market

Highlights

  • 1 Fireplace
  • 2-minute walk to Woodley Park-Zoo/Adams Morgan
  • Patio
  • Oyster-Adams Bilingual School Rated A-
  • Porch
  • Hot Water Heating System

About This Home

As of January 2024

This charming 3 unit multi-family row home in Woodley Park provides quaint privacy while boasting convenient access to DC's restaurants, retail and transportation. Connecticut Ave and Woodley Park Metro stop are literally just steps away. Take a stroll down Connecticut Ave to the National Zoo or head across the Taft Bridge into Dupont Circle. This location will not disappoint!
2 of 3 units are currently leased through 7/31/24 and the remaining unit is currently owner occupied. The owner occupant is willing to lease back or vacate upon sale. One way to add value is by increasing rents to market rates. Another way to add value is by creating a 4th unit, which the 2nd floor is already designed and has its certificate of occupancy to accommodate. This stabilized investment will provide a new owner the opportunity to continue running the asset as-is with a multitude of options to further increase its value.

Unit #1 is 1,925 SF and includes the ground floor and English basement. This unit consists of 3 BR 2 BA and 1 Den along with its own private brick patio back yard.
Unit #2 is 1,165 SF and is on the 2nd floor. This unit consists of 2 BR and 2 BA.
Unit #3 is 840 SF and is on the 3rd floor. The unit consists of 2 BR and 1 BA.
The property includes two private and secure parking spaces in the rear.

As you step onto the front porch you will notice the unparalleled privacy and comfort. The common lobby/foyer area invites you inside with easy access to unit #1 along with a stairwell to units #2 and #3. Countless renovations have been made to each unit over the years of its current landlord's ownership. You will notice an abundance of sunlight beaming through the windows that each provide a unique view of one of DC's most sought after neighborhoods. The backyard patio is primed for entertainment and awaits perfect placement of your grill and patio furniture. Claim your stake in Woodley Park today!

Occupy one unit and collect rent from two others to pay your mortgage more easily. Grow into the other units over time as you desire!
Local sale comps support renovating and bringing this property back to its single family grandeur suitable to all those fine tastes.

Last Agent to Sell the Property

Jim Clark

M.L. Clark Real Estate, Inc Listed on: 10/14/2023

Co-Listed By

Tom Clark

M.L. Clark Real Estate, Inc License #SP200201992

Last Buyer's Agent

datacorrect BrightMLS

Non Subscribing Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,612

Year Built

  • Built in 1901

Lot Details

  • 2,800 Sq Ft Lot
  • Property is in good condition

Home Design

  • Stucco

Interior Spaces

  • 1 Fireplace
  • English Basement

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces
  • Private Parking
  • Alley Access
  • Surface Parking
  • Secure Parking

Outdoor Features

  • Patio
  • Playground
  • Porch

Schools

  • Oyster-Adams Bilingual Elementary And Middle School
  • Wilson Senior High School

Utilities

  • Hot Water Heating System
  • Propane Water Heater
  • Municipal Trash

Listing and Financial Details

  • The owner pays for real estate taxes, personal property taxes, miscellaneous, common area maintenance, lawn/shrub care, repairs
  • Tax Lot 38
  • Assessor Parcel Number 2108//0038

Community Details

Overview

  • 3 Units
  • 4-Story Building
  • Woodley Park Subdivision

Building Details

  • Income includes apartment rentals
  • Operating Expense $33,800
  • Gross Income $105,600
  • Net Operating Income $71,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,612

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: End Of Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2023-10-14
  • Year Built: 1901
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Other
  • Room Count: 7
  • Basement: Yes
  • Basement Type: English
  • Total Sq Ft: 3960
  • Living Area Sq Ft: 3726
  • Price Per Sq Ft: 601.27
  • Above Grade Finished Sq Ft: 2992
  • Below Grade Finished Sq Ft: 734
  • Below Grade Sq Ft: 234
  • Total Below Grade Sq Ft: 968
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2606

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stucco
  • Exterior Features: Play Area
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Private, Secure Parking, Surface
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Alley, Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Propane
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • Elementary School: OYSTER-ADAMS BILINGUAL SCHOOL
  • Middle School: OYSTER-ADAMS BILINGUAL SCHOOL
  • High School: WILSON SENIOR
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121140357950
  • School District Source: 3rd Party
  • Elementary School: OYSTER-ADAMS BILINGUAL SCHOOL
  • High School: WILSON SENIOR
  • Middle Or Junior School: OYSTER-ADAMS BILINGUAL SCHOOL

Lot Info

  • Lot Size Acres: 0.06
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2800.00
  • Outdoor Living Structures: Porch(es), Patio(s)
  • Property Condition: Good
  • Soil Types: Unknown
  • Year Assessed: 2022
  • Zoning: R-3
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Yearly
  • Ground Rent Exists: No
  • Owner Pays: Taxes - Real Estate, Taxes - Personal Property, Miscellaneous, Common Area Maintenance, Lawn/Shrub Care, Repairs
  • Rent Control: No
  • Total Actual Rent: 105600.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 12612.00
  • Assessor Parcel Number: 2108//0038
  • Tax Lot: 38
  • Tax Total Finished Sq Ft: 3726
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 01/23/2024

Multi Family

  • Gross Income: 105600.00
  • Gross Scheduled Income: 105600.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 33800.00
  • Vacancy Allowance Rate: 5.00

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2023
Closed on
Jan 23, 2024
Sold by
Claire A Springuel Trust and Rene H Springuel Trust
Bought by
Askarinam Jordan and Askarinam Joshua
Seller's Agent
Jim Clark
M.L. Clark Real Estate, Inc
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$1,799,000
Sold Price
$1,650,000
Premium/Discount to List
-$149,000
-8.28%
Views
47
Current Estimated Value
$1,781,361

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,361
Avg. Annual Appreciation
1.45%
Original Mortgage
$650,000
Interest Rate
6.95%
Mortgage Type
Construction

Purchase Details

Listed on
Oct 14, 2023
Closed on
Jan 18, 2024
Sold by
Springuel Rene Marie Hippolyte
Bought by
Claire A Springuel Trust and Rene H Springuel Trust
Seller's Agent
Jim Clark
M.L. Clark Real Estate, Inc
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$1,799,000
Sold Price
$1,650,000
Premium/Discount to List
-$149,000
-8.28%
Views
47

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.95%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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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
Askarinam Jordan $1,650,000 Eagle Title
Claire A Springuel Trust -- Eagle Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Askarinam Jordan $608,704
Closed Askarinam Jordan $611,000
Closed Askarinam Jordan $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2024 01/23/24 Sold $1,650,000 -8.3% $443 / Sq Ft
10/14/2023 10/14/23 For Sale $1,799,000 -- $483 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC2115308

Bright MLS

APN: 2108 0038