NOT LISTED FOR SALE

Estimated Value: $1,398,000 - $1,413,620

-- Bed
4 Baths
1,989 Sq Ft
$707/Sq Ft Est. Value

Last Sold July 28, 2014

Last sale price $1,118,358 $562 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $8,765/month

177 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Radiator
  • Brent Elementary School Rated A
  • North Facing Home
  • 2-minute walk to Seward Square

About This Home

As of July 2014

INVESTOR ALERT! In The Historic District! THREE BLOCKS TO THE US CAPITOL! Solid 4 unit building with Certificate of Occupancy , coin operated laundry room. Front patio, rear yard, wood floors, high ceilings, 4 sun filled units at PRIME HILL LOCATION. Seldom a vacancy. Shown by appointment with contact with 24 hour notice. In good condition but sold AS IS Seller requests Nations Title Company

Last Agent to Sell the Property

Judi Seiden

Berkshire Hathaway HomeServices PenFed Realty License #BR96763 Listed on: 11/13/2013

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Fred Malek

Spring Hill Real Estate, LLC. License #623521

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,320

Year Built

  • Built in 1883

Lot Details

  • 1,059 Sq Ft Lot
  • North Facing Home

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Flooring

  • Wood Flooring

Laundry

  • Dryer
  • Washer

Finished Basement

  • English Basement
  • Exterior Basement Entry

Utilities

  • Window Unit Cooling System
  • Radiator
  • Natural Gas Water Heater

Listing and Financial Details

  • The owner pays for real estate taxes, insurance, management, repairs, all utilities
  • Tax Lot 818
  • Assessor Parcel Number 0791//0818

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Income includes laundry
  • Operating Expense $22,897
  • Net Operating Income $52,014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,320

Year Built

Built in 1883

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1883
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer, Refrigerator, Washer
  • Interior Amenities: Wood Floors
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Outside Entrance, Fully Finished, English
  • Price Per Sq Ft: 598.29

Exterior Features

  • Construction Materials: Brick
  • 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: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • 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

  • Improvement Assessed Value: 471960.00
  • Land Assessed Value: 271540.00
  • Lot Size Acres: 0.02
  • Lot Size Area: 1059
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1059.00
  • Soil Types: Urban Land-Sassafras-Chillum
  • Year Assessed: 2012
  • Zoning: CAP/R4
  • In City Limits: Yes

Rental Info

  • Lease Term: Negotiable
  • Owner Pays: Taxes - Real Estate, Insurance, Management, Repairs, All Utilities
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15986911
  • Tax Annual Amount: 6319.75
  • Assessor Parcel Number: 0791//0818
  • Tax Lot: 818
  • Tax Total Finished Sq Ft: 1989
  • Tax Year: 2012
  • Close Date: 07/28/2014

Multi Family

  • Gross Income: 74911.00
  • Income Includes: Laundry
  • Operating Expense: 22896.87

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2013
Closed on
Jul 28, 2014
Sold by
Vegesna Raju V K and Polam Chandra R
Bought by
Rodgers Andrew S
Seller's Agent
Judi Seiden
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Fred Malek
Spring Hill Real Estate, LLC.
List Price
$1,190,000
Sold Price
$1,118,358
Premium/Discount to List
-$71,642
-6.02%
Current Estimated Value
$1,405,810

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$287,452
Avg. Annual Appreciation
2.01%
Original Mortgage
$801,950
Outstanding Balance
$627,075
Interest Rate
4.18%
Mortgage Type
Commercial
Estimated Equity
$764,620

Purchase Details

Closed on
Dec 30, 2009
Sold by
Bastien Husani
Bought by
Vegesna Raju V K and Polam Chandra R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$555,000
Interest Rate
4.79%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 16, 1998
Sold by
Shultz Linda F
Bought by
White + Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
7.08%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Rodgers Andrew S $1,118,358 --
Vegesna Raju V K $740,000 --
White + Patricia $255,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodgers Andrew S $801,950
Previous Owner Vegesna Raju V K $555,000
Previous Owner White + Patricia $204,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2014 07/28/14 Sold $1,118,358 -6.0% $562 / Sq Ft
05/09/2014 05/09/14 Pending -- -- --
11/13/2013 11/13/13 For Sale $1,190,000 -- $598 / 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
2024 $12,006 $1,412,410 $579,730 $832,680
2023 $11,654 $1,371,000 $558,070 $812,930
2022 $11,271 $1,325,980 $523,250 $802,730
2021 $10,677 $1,256,110 $512,880 $743,230
2020 $10,373 $1,220,380 $495,920 $724,460
2019 $9,905 $1,165,290 $466,280 $699,010
2018 $9,549 $1,123,420 $0 $0
2017 $9,447 $1,111,410 $0 $0
2016 $9,081 $1,068,300 $0 $0
2015 $6,898 $811,560 $0 $0
2014 $6,533 $768,570 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003767016

Bright MLS

APN: 0791-0818