NOT LISTED FOR SALE

Estimated Value: $1,432,113 - $1,567,000

Studio
3 Baths
2,970 Sq Ft
$511/Sq Ft Est. Value

Last Sold July 08, 2022

Last sale price $1,500,000 $505 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $8,309/month

66 Days on Market

Highlights

  • 0.07 Acre Lot
  • Courtyard Views
  • Alarm System
  • Corner Lot
  • Security Gate
  • 1-minute walk to Payne Playground

About This Home

As of July 2022

330 15th St SE is a 3-story building in SE DC just a short 3 blocks from the Potomac Avenue
Metro station. Built in 2002, the building contains approximately 2,970 square feet of space and
sits upon a 3,167 square foot lot. The building is currently configured as 2 separate units with
the first level containing a 2 bedroom 1 bath apartment and the top two floors configured as
office space. The upstairs unit has a full kitchen, 2 full baths and 1 half-bath and can be effortlessly
converted to a 4 bedroom residential apartment. The first floor apartment is currently leased for
$2,800/month on a month to month basis. The upstairs office space is owner occupied and will be delivered vacant. If converted to residential use, the upstairs space has a DC Housing Authority rent of $4,753/ month. This property is not believed to be subject to rent control so full market rents would apply. Potential gross rents are over $91,000 per year at the DCHA rate.

Last Agent to Sell the Property

Jeff Stein

(888) 621-2110 jstein@tranzon.com Tranzon Key Listed on: 02/11/2022

Last Buyer's Agent

Cihan Baysal

(571) 723-6890 cihanbaysal22@hotmail.com Long & Foster Real Estate, Inc. License #656389

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,778

Year Built

  • Built in 2002

Lot Details

  • 3,167 Sq Ft Lot
  • No Through Street
  • Corner Lot
  • Interior Lot
  • Level Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Aluminum Siding

Interior Spaces

  • 2,970 Sq Ft Home
  • Courtyard Views
  • Crawl Space

Home Security

  • Alarm System
  • Security Gate
  • Exterior Cameras
  • Fire and Smoke Detector

Parking

  • 1 Parking Space
  • 1 Driveway Space
  • Alley Access

Schools

  • Eastern Senior High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1074//0090

Community Details

Overview

  • 2 Units
  • 3-Story Building

Building Details

  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,778

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Year Built: 2002
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Total Sq Ft: 2970
  • Living Area Sq Ft: 2970
  • Price Per Sq Ft: 505.05
  • Above Grade Finished Sq Ft: 2970
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Aluminum Siding
  • View: Courtyard
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Driveway, Alley
  • Number of Spaces in Driveway: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air, Central
  • Heating: Yes
  • Hot Water: Electric
  • Security: Electric Alarm, Exterior Cameras, Fire Detection System, Main Entrance Lock, Security Gate, Security System, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent
  • High School: EASTERN SENIOR

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 635630.00
  • Land Assessed Value: 502790.00
  • Lot Features: Interior, Level, No Thru Street
  • Lot Size Acres: 0.07
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3167.00
  • Soil Types: Urban Land-Sassafras-Chillum
  • Zoning: MU-4
  • Zoning Description: Mixed Use
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Month To Month, Owner Occupied
  • Number Of Units Month To Month: 1
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16124240
  • Tax Annual Amount: 17778.00
  • Assessor Parcel Number: 1074//0090
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

Multi Family

  • Number Of Units Vacant: 1
  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2022
Closed on
Jul 8, 2022
Sold by
Gb Properties Llc
Bought by
330 15Th St Se Llc
Seller's Agent
Jeff Stein
Tranzon Key
Buyer's Agent
Cihan Baysal
Long & Foster Real Estate, Inc.
List Price
$1,500,000
Sold Price
$1,500,000
Current Estimated Value
$1,518,704

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,704
Avg. Annual Appreciation
0.35%
Original Mortgage
$1,481,250
Outstanding Balance
$1,405,249
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$113,455

Purchase Details

Closed on
Mar 1, 2019
Sold by
Herndon Gloria E
Bought by
Gb Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$939,000
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 17, 2004
Sold by
Urban Dev Guarantors L L
Bought by
Herndon Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
5.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 12, 2001
Sold by
Interntl Cncpt Hms Bldrs
Bought by
Dubose William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,650
Interest Rate
7.08%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
330 15Th St Se Llc $1,500,000 None Listed On Document
Gb Properties Llc $1,091,190 Answer Title
Herndon Gloria $700,000 --
Dubose William $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 330 15Th St Se Llc $1,481,250
Previous Owner Gb Properties Llc $939,000
Previous Owner Herndon Gloria $468,000
Previous Owner Dubose William $177,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/08/2022 07/08/22 Sold $1,500,000 0.0% $505 / Sq Ft
04/18/2022 04/18/22 Pending -- -- --
02/11/2022 02/11/22 For Sale $1,500,000 -- $505 / 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 $4,966 $584,280 $584,280 --
2024 $11,031 $1,297,730 $581,370 $716,360
2023 $10,381 $1,221,330 $556,440 $664,890
2022 $18,784 $1,138,420 $502,790 $635,630
2021 $17,779 $1,077,500 $497,820 $579,680
2020 $16,635 $1,008,200 $460,420 $547,780
2019 $18,005 $1,091,190 $461,120 $630,070
2018 $13,706 $990,750 $0 $0
2017 $15,773 $955,910 $0 $0
2016 $14,295 $866,390 $0 $0
2015 $14,179 $859,340 $0 $0
2014 $14,179 $859,340 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DCDC2036048

Bright MLS

APN: 1074-0090