NOT LISTED FOR SALE

2640 Wade Rd SE Unit 31 Washington, DC 20020

Barry Farm Neighborhood

Estimated Value: $106,000 - $181,000

2 Beds
1 Bath
900 Sq Ft
$324/mo HOA Fee

Last Sold August 01, 2012

Last sale price $40,000 $44 Per Sq Ft

Est. 259% increase in value since last sale

Current estimated payment $1,144/month

Highlights

  • Gourmet Kitchen
  • River View
  • Wood Flooring
  • Gated Community
  • Open Floorplan
  • Upgraded Countertops

About This Home

As of August 2012

Reduced $50,000! Great rental income opportunity for cash investor. Get in before prices double! Fabulously-renovated top level two bedroom condo with monument views, modern finishes including granite countertops, stainless steel appliances, and parking. Less than 2 blocks to the metro and less than a half mile to the future Dept of Homeland Security. Quick Close! Inspection and appraisal done!

Last Agent to Sell the Property

KARISSA LEAKE

karissaloveshousing@gmail.com Anacostia River Realty License #MRIS:3031378 Listed on: 11/21/2011

Co-Listed By

Darrin Davis

(301) 660-5282 DDavis@AnacostiaRiverRealty.com Anacostia River Realty License #Br215213

Last Buyer's Agent

Leiyana Stevenson

(301) 437-3448 leiyana.stevenson@compass.com Compass

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $823

Year Built

  • Built in 1963

Lot Details

  • Property is in very good condition

HOA Fees

  • $324 Monthly HOA Fees

Parking

  • Unassigned Parking

Property Views

  • River
  • City

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 900 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Window Treatments
  • Window Screens
  • Dining Area
  • Wood Flooring
  • Intercom
  • Washer and Dryer Hookup

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Stove
  • Range Hood
  • Microwave
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

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

Listing and Financial Details

  • Tax Lot 2036
  • Assessor Parcel Number 5867//2036

Community Details

Overview

  • Association fees include exterior building maintenance, gas, lawn care front, lawn care rear, lawn care side, management, insurance, sewer, snow removal, trash, water, laundry, security gate
  • Low-Rise Condominium
  • Barry Farms Community
  • Barry Farms Subdivision

Amenities

  • Common Area

Security

  • Security Service
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$823

Year Built

Built in 1963

Lot Details

0

HOA Fees

$324 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Ownership: Condominium
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Disposal, Intercom, Microwave, Oven - Self Cleaning, Oven/Range - Gas, Range Hood, Refrigerator, Stove
  • Interior Amenities: Kitchen - Gourmet, Breakfast Area, Dining Area, Upgraded Countertops, Window Treatments, Wood Floors, Floor Plan - Open
  • Window Features: Screens
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Entry Location: Floors 2-5
  • Foundation Details: Concrete Perimeter
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 900
  • Living Area Sq Ft: 900
  • Price Per Sq Ft: 44.44
  • Above Grade Finished Sq Ft: 900
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • View: City, River
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Unassigned

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • 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

  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 324.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Gated Community, Security
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Gas, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Management, Insurance, Sewer, Snow Removal, Trash, Water, Laundry, Security Gate
  • HOA Condo Co-Op Management Type: Owner/Self-Management
  • HOA: Yes

Green Features

  • Green Water Conservation: Low-Flow Fixtures

Lot Info

  • Improvement Assessed Value: 101700.00
  • Land Assessed Value: 43590.00
  • Property Condition: Very Good
  • Soil Types: Unknown

Rental Info

  • Vacation Rental: No

Multi Family

  • Metering: Fully Separate

Tax Info

  • Assessor Parcel Number: 16133170
  • Assessor Parcel Number: 5867//2036
  • Tax Lot: 2036
  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2011
Closed on
Aug 3, 2012
Sold by
Patrick Charlie E
Bought by
Brandon Rebecca
Seller's Agent
KARISSA LEAKE
Anacostia River Realty
Buyer's Agent
Leiyana Stevenson
Compass
List Price
$70,000
Sold Price
$40,000
Premium/Discount to List
-$30,000
-42.86%
Current Estimated Value
$143,512

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,512
Avg. Annual Appreciation
10.12%

Purchase Details

Closed on
Mar 11, 2010
Sold by
Branch Banking & Trust
Bought by
Patrick Charlie E

Purchase Details

Closed on
Sep 15, 2007
Sold by
Jackson Jonoro
Bought by
Vancamp Richard

Purchase Details

Closed on
Jan 22, 1997
Sold by
2632 Wade Road Assoc Gp
Bought by
Jackson Jonora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,750
Interest Rate
7.5%
Mortgage Type
FHA
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
Brandon Rebecca $40,000 --
Patrick Charlie E $37,500 --
Vancamp Richard $100,000 --
Jackson Jonora $49,950 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jackson Jonora $47,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2012 08/01/12 Sold $40,000 0.0% $44 / Sq Ft
07/18/2012 07/18/12 Pending -- -- --
07/12/2012 07/12/12 Price Changed $40,000 -42.9% $44 / Sq Ft
07/11/2012 07/11/12 For Sale $70,000 0.0% $78 / Sq Ft
04/21/2012 04/21/12 Pending -- -- --
04/18/2012 04/18/12 For Sale $70,000 0.0% $78 / Sq Ft
03/16/2012 03/16/12 Pending -- -- --
01/11/2012 01/11/12 Price Changed $70,000 -41.7% $78 / Sq Ft
11/21/2011 11/21/11 For Sale $120,000 -- $133 / 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
2025 $823 $112,500 $33,750 $78,750
2024 $854 $115,630 $34,690 $80,940
2023 $851 $114,810 $34,440 $80,370
2022 $770 $104,310 $31,290 $73,020
2021 $632 $87,600 $26,280 $61,320
2020 $727 $85,550 $25,660 $59,890
2019 $735 $86,460 $25,940 $60,520
2018 $815 $95,860 $0 $0
2017 $810 $95,310 $0 $0
2016 $811 $95,360 $0 $0
2015 $811 $95,360 $0 $0
2014 $900 $105,880 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004643352

Bright MLS

APN: 5867-2036