$2,800,000
SOLD DEC 20, 2012

3030 Chain Bridge Rd NW Washington, DC 20016

Kent Neighborhood
0.89 Acre
$3,146,067 Price per Acre
38,768 Sq Ft Lot

Recently Sold

12% Below List Price

91 Days on Market

Highlights

  • Cabana
  • 0.89 Acre Lot
  • 4-minute walk to Battery Kemble Park
  • Key Elementary School Rated A
  • No HOA

About This Lot

As of November 2018

Once-in-a-lifetime opportunity to design & built a truly distinctive Washington masterpiece! Stunning .89 acre (38,850 sq ft) lot on one of the highest points in the District. This property offers unlimited potential & a perfect setting in which to create your dreamhome. Lot pending subdivision; contact Listing Agent for more information.

Last Agent to Sell the Property

Hans Wydler

Compass License #532234 Listed on: 01/23/2012

Compass

Last Buyer's Agent

Marc Fleisher

Compass

Compass

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $151,243

Lot Details

  • 0.89 Acre Lot
  • Property is zoned R1A

Community Details

Overview

  • No Home Owners Association
  • Kent Subdivision

Recreation

  • Cabana

Property Details

Property Type

Land

Est. Annual Taxes

$151,243

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential, Land/Lot Only
  • New Construction: No
  • Remarks Public: Once-in-a-lifetime opportunity to design & built a truly distinctive Washington masterpiece! Stunning .89 acre (38,850 sq ft) lot on one of the highest points in the District. This property offers unlimited potential & a perfect setting in which to create your dreamhome. Lot pending subdivision; contact Listing Agent for more information.
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement: No
  • Price Per Sq Ft: 82.37
  • Street Number Modifier: 3030

Exterior Features

  • Other Structures List: Cabana/Pool House
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Lot Info

  • Lot Size Acres: 0.89
  • Lot Size Area: 38850
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 38850.00
  • Possible Use: Residential
  • Soil Types: Urban Land-Manor-Gleneig
  • Zoning: R1A

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: XXX
  • Close Date: 12/20/2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 9, 2024
Sold by
Okoloko Onajite and Alli Salma
Bought by
Banks Michael Strang and Knebel Clemens Marks
Current Estimated Value
$12,619,656

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,100,000
Outstanding Balance
$2,080,435
Interest Rate
6.47%
Mortgage Type
Credit Line Revolving
Estimated Equity
$10,539,221

Purchase Details

Listed on
Oct 24, 2016
Closed on
Oct 26, 2018
Sold by
3030 Chain Bridge Road Llc
Bought by
Sastian Llc
Seller's Agent
Marc Fleisher
Compass
Buyer's Agent
Farida Alli
Fairfax Realty 50/66 LLC
List Price
$19,950,000
Sold Price
$16,500,000
Premium/Discount to List
-$3,450,000
-17.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.87%
Original Mortgage
$6,000,000
Interest Rate
4.7%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 23, 2012
Closed on
Dec 18, 2012
Sold by
Christian Trustee Michaele and The 3030 Chain Bridge Road Hom
Bought by
3030 Chain Bridge Road Llc
Seller's Agent
Hans Wydler
Compass
Buyer's Agent
Marc Fleisher
Compass
List Price
$3,200,000
Sold Price
$2,800,000
Premium/Discount to List
-$400,000
-12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.07%
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 Type Sale Price Title Company
Deed -- None Listed On Document
Special Warranty Deed $16,500,000 Avenue Stlmnt Corporation
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,100,000 Credit Line Revolving
Open $9,000,000 Construction
Previous Owner $6,251,000 Adjustable Rate Mortgage/ARM
Previous Owner $6,000,000 Commercial
Previous Owner $2,800,000 Credit Line Revolving
Previous Owner $1,490,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2018 11/13/18 Sold $16,500,000 -17.3% $1,117 / Sq Ft
08/13/2018 08/13/18 For Sale $19,950,000 0.0% $1,350 / Sq Ft
08/09/2018 08/09/18 Pending -- -- --
07/13/2018 07/13/18 For Sale $19,950,000 0.0% $1,350 / Sq Ft
07/02/2018 07/02/18 For Sale $19,950,000 0.0% $1,350 / Sq Ft
05/30/2018 05/30/18 Pending -- -- --
05/29/2018 05/29/18 Pending -- -- --
02/09/2018 02/09/18 Price Changed $19,950,000 -9.3% $1,350 / Sq Ft
01/02/2017 01/02/17 Price Changed $22,000,000 +10.0% $1,489 / Sq Ft
10/24/2016 10/24/16 For Sale $20,000,000 +614.3% $1,354 / Sq Ft
12/20/2012 12/20/12 Sold $2,800,000 -12.5% --
04/23/2012 04/23/12 Pending -- -- --
01/23/2012 01/23/12 For Sale $3,200,000 -- --
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 $151,243 $17,793,350 $4,371,010 $13,422,340
2023 $147,150 $17,311,770 $4,105,700 $13,206,070
2022 $144,582 $17,009,600 $3,918,260 $13,091,340
2021 $138,979 $16,350,470 $3,899,120 $12,451,350
2020 $136,000 $16,000,000 $3,672,100 $12,327,900
2019 $157,893 $18,575,690 $3,690,580 $14,885,110
2018 $153,842 $18,099,070 $0 $0
2017 $80,179 $16,782,060 $0 $0
2016 $17,265 $2,031,170 $0 $0
2015 $17,394 $2,046,310 $0 $0
2014 $16,866 $1,984,190 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003828050

Bright MLS

APN: 1427-0034