NOT LISTED FOR SALE

Estimated Value: $6,172,277 - $6,813,000

7 Beds
5.5 Baths
4,386 Sq Ft
$1,500/Sq Ft Est. Value

Last Sold July 31, 2014

Last sale price $5,000,000 $1,140 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $38,876/month

42 Days on Market

Highlights

  • Gourmet Kitchen
  • 0.2 Acre Lot
  • No HOA
  • Hyde Addison Elementary School Rated A
  • 2 Fireplaces
  • 1-minute walk to Book Hill Park

About This Home

As of July 2014

Rare opportunity to own a grand, detached home in Georgetown with PARKING and a large backyard. 7BR, 5.5 BA with large, Eat-in kitchen overlooking the backyard and rear deck. Main level has dining room, living room, family room, and kitchen with new stainless steel appliances. Driveway can park multiple cars.

Last Agent to Sell the Property

Nancy Taylor Bubes

(202) 256-2164 nancy.taylorbubes@wfp.com Washington Fine Properties, LLC License #0225019868 Listed on: 05/02/2014

Washington Fine Properties, LLC

Last Buyer's Agent

Michael Rankin

(202) 271-3344 michael.rankin@sothebysrealty.com TTR Sotheby's International Realty

TTR Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,442

Year Built

  • Built in 1900

Lot Details

  • 8,750 Sq Ft Lot

Parking

  • Off-Street Parking

Home Design

  • Wood Siding

Interior Spaces

  • Property has 3 Levels
  • 2 Fireplaces
  • Finished Basement
  • Side Basement Entry
  • Gourmet Kitchen

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5.5 Bathrooms

Utilities

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

Community Details

  • No Home Owners Association
  • Georgetown Subdivision

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 2154//0018

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,442

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1900
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen - Gourmet
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Side Entrance, Fully Finished
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 7
  • Total Bathrooms: 6
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Upper Level 2 Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Construction Materials: Wood Siding
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

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

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

Lot Info

  • Lot Size Acres: 0.20
  • Lot Size Area: 8750
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8750.00
  • Soil Types: Urban Land-Sassafras-Chillum
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 22441.96
  • Assessor Parcel Number: 2154//0018
  • Tax Lot: 18
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2014
Closed on
Jul 31, 2014
Sold by
Lake William T and Hodgson Morgan D
Bought by
Rankin Michael W and Green Mark A
Seller's Agent
Nancy Taylor Bubes
Washington Fine Properties, LLC
Buyer's Agent
Michael Rankin
TTR Sotheby's International Realty
List Price
$5,500,000
Sold Price
$5,000,000
Premium/Discount to List
-$500,000
-9.09%
Current Estimated Value
$6,578,319

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,578,319
Avg. Annual Appreciation
2.44%
Original Mortgage
$4,000,000
Outstanding Balance
$3,044,520
Interest Rate
4.14%
Mortgage Type
New Conventional
Estimated Equity
$3,533,799
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
Rankin Michael W $5,000,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rankin Michael W $4,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2014 07/31/14 Sold $5,000,000 -9.1% $1,140 / Sq Ft
06/13/2014 06/13/14 Pending -- -- --
05/02/2014 05/02/14 For Sale $5,500,000 -- $1,254 / 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 $51,293 $5,594,140 $1,890,910 $3,703,230
2024 $46,472 $5,554,340 $1,881,530 $3,672,810
2023 $45,129 $5,393,280 $1,873,480 $3,519,800
2022 $44,022 $5,321,230 $1,863,470 $3,457,760
2021 $40,038 $5,373,890 $1,808,170 $3,565,720
2020 $45,756 $5,383,040 $1,692,040 $3,691,000
2019 $20,194 $5,464,130 $1,622,180 $3,841,950
2018 $30,103 $5,214,060 $0 $0
2017 $27,373 $5,196,450 $0 $0
2016 $24,891 $4,935,590 $0 $0
2015 $22,630 $2,733,800 $0 $0
2014 $22,126 $2,673,290 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002964680

Bright MLS

APN: 2154-0018