NOT LISTED FOR SALE

324 16th St SE Washington, DC 20003

Hill East Neighborhood

Estimated Value: $887,000 - $1,046,000

0.05 Acre
$19,572,580 Price per Acre
2,233 Sq Ft Lot

Last Sold November 07, 2023

Last sale price $135,000

Est. 625% increase in value since last sale

Current estimated payment $6,028/month

75 Days on Market

About This Lot

As of November 2023

This prime real estate listing presents an exceptional opportunity for buyers looking to invest in the thriving neighborhood of Barney Circle, DC. Located at 324-328 16th St SE, this property offers a rare chance to own and develop on one of the few remaining parcels of raw land in the area.

Priced to sell, this listing is perfect for ambitious individuals or developers looking to make their mark in this sought-after location. With endless possibilities for customization and development, the buyer will have the freedom to create their dream project.

Prospective buyers are advised to conduct their due diligence. Please feel free to show the land at your convenience. Don't miss out on this chance to secure a valuable piece of real estate in Barney Circle, DC.

Last Agent to Sell the Property

Pablo Flower

Samson Properties License #5014002 Listed on: 07/15/2023

Samson Properties

Co-Listed By

Kevin Brandes

Samson Properties License #SP98378229

Last Buyer's Agent

Pablo Flower

Samson Properties License #5014002 Listed on: 07/15/2023

Samson Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $572

Lot Details

  • 2,233 Sq Ft Lot
  • Property is zoned RF-1, The purpose of the RF-1 zone is to provide for areas predominantly developed with row houses on small lots within which no more

Utilities

  • Sewer Not Available

Community Details

  • No Home Owners Association
  • Barney Circle Subdivision

Listing and Financial Details

  • Tax Lot 36
  • Assessor Parcel Number 1089//0036

Property Details

Property Type

Land

Est. Annual Taxes

$572

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Storage Yard
  • Historic: No
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Price Per Sq Ft: 78.37
  • Street Number Modifier: 324

Exterior Features

  • 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: No Sewer System

Condo/Co-op/Association

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

Schools

  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • School District Key: 121140357950
  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Lot Size Acres: 0.05
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2233.00
  • Soil Types: Unknown
  • Year Assessed: 2022
  • Zoning: RF-1
  • Zoning Description: The purpose of the RF-1 zone is to provide for areas predominantly developed with row houses on small lots within which no more
  • Farmland Preservation: No
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: Yes
  • Lease In Effect: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 572.00
  • Assessor Parcel Number: 1089//0036
  • Tax Lot: 36
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 11/07/2023

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 28, 2014
Sold by
Realington 20 Llc
Bought by
Cunningham Phillip T
Current Estimated Value
$978,629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$737,125
Interest Rate
4.41%
Mortgage Type
VA

Purchase Details

Closed on
Oct 18, 2013
Sold by
Coleman Walter C and Ryan Dana
Bought by
Realington 20 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,125
Interest Rate
4.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 2, 1995
Sold by
Purcell Elizabeth A
Bought by
Coleman Walter U

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,250
Interest Rate
9.13%
Source: Public Records

Range of Values:

Collateral Analytics

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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 Buyer Sale Price Title Company
Cunningham Phillip T $752,000 --
Realington 20 Llc $453,500 --
Coleman Walter U $89,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cunningham Phillip T $660,000
Closed Cunningham Phillip T $717,000
Closed Cunningham Phillip T $737,125
Previous Owner Realington 20 Llc $340,125
Previous Owner Realington 20 Llc $75,000
Previous Owner Coleman Walter U $65,000
Previous Owner Coleman Walter U $255,000
Previous Owner Coleman Walter U $91,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2023 11/07/23 Sold $135,000 -22.9% --
07/15/2023 07/15/23 For Sale $175,000 -- --
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 $8,471 $1,083,660 $508,710 $574,950
2023 $7,993 $1,024,390 $486,890 $537,500
2022 $7,522 $963,670 $444,780 $518,890
2021 $7,293 $934,290 $440,370 $493,920
2020 $6,852 $881,820 $413,090 $468,730
2019 $6,523 $842,250 $390,360 $451,890
2018 $6,394 $825,640 $0 $0
2017 $6,212 $803,220 $0 $0
2016 $5,933 $769,670 $0 $0
2015 $4,301 $713,900 $0 $0
2014 $2,083 $389,880 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Pablo Flower

    Seller's Agent in 2023

    Pablo Flower

    Samson Properties

    (202) 650-3629

    1 in this area

    31 Total Sales

    Pablo Flower
    Section Image
  • Kevin Brandes

    Seller Co-Listing Agent in 2023

    Kevin Brandes

    Samson Properties

    (240) 813-9344

    1 in this area

    18 Total Sales

    Kevin Brandes
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DCDC2104408

Bright MLS

APN: 1089-0035

District of Columbia District of Columbia County Washington 20003 Hill East

324 16th St SE, Washington, DC

This home is located at 324 16th St SE, Washington, DC 20003 since 15 July 2023 and is currently estimated at $978,629. 324 16th St SE is a home located in District of Columbia with nearby schools including Payne Elementary School, Eliot-Hine Middle School, and Eastern High School.

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