NOT LISTED FOR SALE

Estimated Value: $2,568,218 - $2,597,000

Studio
5 Baths
1,541 Sq Ft
$1,679/Sq Ft Est. Value

Last Sold July 14, 2023

Last sale price $900,000 $584 Per Sq Ft

Est. 187% increase in value since last sale

Current estimated payment $14,910/month

83 Days on Market

Highlights

  • 2 Fireplaces
  • Central Air
  • Heat Pump System
  • Eaton Elementary School Rated A
  • Historic Home
  • 1-minute walk to Klingle Valley Trail

About This Home

As of July 2023

New Price! Georgetown - with location, location, location! On the corner of Dumbarton and 29th Streets, this two-unit building is a pleasant stroll to the heart of Georgetown as well as Dupont Circle and the West End, and will virtually always be easy to rent out. Both units have their own entrances – no interior common areas to maintain – and the building has been professionally managed. The upper-level unit has two bedrooms, 1 full bath, hardwood floors throughout, and an in-unit washer dryer. The first-floor apartment has one very spacious bedroom, two full bathrooms, hardwood floors, recently renovated kitchen and washer/dryer. Currently rented to excellent tenants who pay rent on time, and have month-to-month leases. TOPA documentation is in place; the process has been overseen by Federal Title and Escrow so seller prefers to settle with that company.

Last Agent to Sell the Property

Margaret Simpson

(703) 378-8810 maggie@maggiedc.com Samson Properties License #SP98363513 Listed on: 03/22/2023

Samson Properties

Co-Listed By

Claudia Grinius

(301) 298-1001 claudia@claudiadc.com Compass

Last Buyer's Agent

Marina Askaryar

(703) 609-2323 info@chamberstheory.com Chambers Theory, LLC License #SP200205731

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,854

Year Built

  • Built in 1900

Lot Details

  • 900 Sq Ft Lot
  • Historic Home

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 2 Fireplaces

Unfinished Basement

  • Partial Basement
  • Exterior Basement Entry

Utilities

  • Central Air
  • Heat Pump System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 810
  • Assessor Parcel Number 1234//0810

Community Details

Overview

  • 2 Units
  • Georgetown Subdivision

Building Details

  • Income includes apartment rentals
  • Operating Expense $23,417
  • Net Operating Income $33,259

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,854

Year Built

Built in 1900

Lot Details

900 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Ownership: Fee Simple
  • Historic: Yes
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplaces Count: 2
  • Fireplace: Yes
  • Basement: Yes
  • Basement Type: Outside Entrance, Partial, Unfinished
  • Total Sq Ft: 2246
  • Living Area Sq Ft: 1541
  • Price Per Sq Ft: 584.04
  • Above Grade Finished Sq Ft: 1541
  • Below Grade Sq Ft: 705
  • Total Below Grade Sq Ft: 705
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • 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
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.02
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 900.00
  • Soil Types: Urban Land-Sassafras-Chillum
  • Zoning: R-3/R-2
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Month To Month
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 2
  • Rent Control: No
  • Total Actual Rent: 56676.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 9854.00
  • Assessor Parcel Number: 1234//0810
  • Tax Lot: 810
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

Multi Family

  • Gross Income: 56676.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 23417.00

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 8, 2010
Sold by
Mazarei Adnan and Ringer Monica M
Bought by
Cooper Christopher D
Current Estimated Value
$2,586,739

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$729,750
Outstanding Balance
$480,850
Interest Rate
4.63%
Mortgage Type
New Conventional
Estimated Equity
$2,105,889

Purchase Details

Closed on
Jul 16, 2003
Sold by
Doudoumopoulo Alexander N
Bought by
Ringer Monica M and Mazarei,Adnan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
5.34%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cooper Christopher D $1,315,000 --
Ringer Monica M $1,000,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cooper Christopher D $729,750
Previous Owner Ringer Monica M $750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/14/2023 07/14/23 Sold $900,000 -25.0% $584 / Sq Ft
06/06/2023 06/06/23 Price Changed $1,200,000 -9.4% $779 / Sq Ft
03/22/2023 03/22/23 For Sale $1,325,000 -- $860 / Sq Ft
Source: Bright MLS

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 $19,024 $2,238,070 $828,150 $1,409,920
2024 $18,303 $2,153,320 $824,020 $1,329,300
2023 $17,904 $2,106,390 $799,790 $1,306,600
2022 $17,322 $2,037,830 $760,800 $1,277,030
2021 $17,231 $2,027,150 $739,700 $1,287,450
2020 $16,217 $1,907,940 $705,090 $1,202,850
2019 $15,708 $1,847,960 $684,560 $1,163,400
2017 $13,769 $1,619,920 $0 $0
2016 $13,518 $1,590,330 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC2088468

Bright MLS

APN: 2103-0013

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