NOT LISTED FOR SALE

2759 Martin Luther King jr Ave SE Washington, DC 20032

Congress Heights Neighborhood

Estimated Value: $3,492,158

-- Bed
-- Bath
9,720 Sq Ft
$359/Sq Ft Est. Value

About This Home

This home is located at 2759 Martin Luther King jr Ave SE, Washington, DC 20032 and is currently estimated at $3,492,158, approximately $359 per square foot. 2759 Martin Luther King jr Ave SE is a home located in District of Columbia with nearby schools including King Elementary School, Hart Middle School, and Ballou High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 23, 2023
Sold by
New Hope Health Services Llc
Bought by
New Hope Holdings Business Trust
Current Estimated Value
$3,492,158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,920,000
Outstanding Balance
$2,801,525
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$628,305

Purchase Details

Closed on
May 24, 2021
Sold by
Washington Business Group Llc
Bought by
New Hope Health Services Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,187,500
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 24, 2007
Sold by
Reynolds Stuart
Bought by
Washington Business Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
5.76%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 17, 2004
Sold by
Robertson Keith
Bought by
Aegina Investment Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
New Hope Holdings Business Trust -- Courtesy Title
New Hope Health Services Llc $3,750,000 None Available
Washington Business Group Llc $750,000 --
Aegina Investment Llc $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open New Hope Holdings Business Tru $2,920,000
Previous Owner New Hope Health Services Llc $3,187,500
Previous Owner Washington Business Group Llc $1,500,000
Previous Owner Washington Business Group Llc $25,000
Source: Public Records

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 $60,970 $3,695,170 $201,730 $3,493,440
2023 $25,129 $1,522,940 $197,800 $1,325,140
2022 $19,330 $1,171,490 $197,800 $973,690
2021 $20,043 $1,214,720 $197,800 $1,016,920
2020 $19,739 $1,196,330 $179,820 $1,016,510
2019 $19,608 $1,188,360 $163,450 $1,024,910
2018 $17,565 $1,064,570 $0 $0
2017 $16,038 $972,010 $0 $0
2016 $14,688 $890,200 $0 $0
2015 $14,567 $882,860 $0 $0
2014 $14,227 $862,270 $0 $0
Source: Public Records

Map