NOT LISTED FOR SALE

Estimated Value: $1,082,600

-- Bed
2 Baths
-- Sq Ft
1,760 Sq Ft Lot

Last Sold June 06, 2024

Last sale price $1,099,999

Est. 2% decrease in value since last sale

Current estimated payment $7,056/month

25 Days on Market

Highlights

  • Colonial Architecture
  • Central Air
  • Radiator

About This Home

As of June 2024

ALL OFFERS WILL BE REVIEWED MONDAY, MAY 13th @ 5PM. SELLER FINANCING AVAILABLE FOR QUALIFIED PURCHASERS - 80% LTV @ 6%, Interest-Only For 5 Years ($4,400/mo). This MU-4 zoned, mixed-use property in Columbia Heights provides a variety of opportunities for multi-family or condominium redevelopment, business owner/operators, live/work occupants, or investors looking for a cash-flowing asset. The existing structure maintains 2,395 square feet on a lot size of 1,760 square feet. The current configuration of the property offers a ground level retail space including a half bath of approximately 712 square feet and a 4BR/1.5BA single-family residence of 1,683 square feet on the second and third levels. The site supports re-development of up to 5,280 residential square footage, of which 3,520 square feet may be commercial/retail space. Alley access in the rear can be reconfigured to provide 2 off-street parking spaces. SELLER FINANCING AVAILABLE FOR QUALIFIED BUYERS. All projections should be verified by potential buyers' architects, zoning attorneys, and civil engineers.

Last Agent to Sell the Property

Chris Burns

TTR Sotheby's International Realty License #650251 Listed on: 04/23/2024

TTR Sotheby's International Realty

Last Buyer's Agent

datacorrect BrightMLS

Non Subscribing Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,545

Year Built

  • Built in 1911

Lot Details

  • 1,760 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Brick Foundation

Utilities

  • Central Air
  • Radiator
  • Natural Gas Water Heater

Community Details

  • 2 Units
  • 2 Vacant Units

Listing and Financial Details

  • Assessor Parcel Number 2827//0091

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,545

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1911
  • Automatically Close On Close Date: No
  • Remarks Public: ALL OFFERS WILL BE REVIEWED MONDAY, MAY 13th @ 5PM. SELLER FINANCING AVAILABLE FOR QUALIFIED PURCHASERS - 80% LTV @ 6%, Interest-Only For 5 Years ($4,400/mo). This MU-4 zoned, mixed-use property in Columbia Heights provides a variety of opportunities for multi-family or condominium redevelopment, business owner/operators, live/work occupants, or investors looking for a cash-flowing asset. The existing structure maintains 2,395 square feet on a lot size of 1,760 square feet. The current configuration of the property offers a ground level retail space including a half bath of approximately 712 square feet and a 4BR/1.5BA single-family residence of 1,683 square feet on the second and third levels. The site supports re-development of up to 5,280 residential square footage, of which 3,520 square feet may be commercial/retail space. Alley access in the rear can be reconfigured to provide 2 off-street parking spaces. SELLER FINANCING AVAILABLE FOR QUALIFIED BUYERS. All projections should be verified by potential buyers' architects, zoning attorneys, and civil engineers.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Foundation Details: Brick/Mortar
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3617

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • 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: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

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

Lot Info

  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1760.00
  • Soil Types: Urban Land-Sassafras-Chillum
  • Zoning: MU-4
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 13545.00
  • Assessor Parcel Number: 2827//0091
  • Tax Year: 2022
  • Close Date: 06/06/2024

Multi Family

  • Number Of Units Vacant: 2
  • Other Units: Unit 1,Unit 2
  • Single Room Units Count: 1

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2024
Closed on
Jun 6, 2024
Sold by
Zahraie Family Trust and Zahraie Kateh
Bought by
3617 14Th St Llc
Seller's Agent
Chris Burns
TTR Sotheby's International Realty
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$1,099,999
Sold Price
$1,099,999
Views
24
Current Estimated Value
$1,082,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$17,399
Avg. Annual Appreciation
-1.29%
Original Mortgage
$945,140
Outstanding Balance
$768,012
Interest Rate
7.17%
Mortgage Type
Seller Take Back
Estimated Equity
$314,589

Purchase Details

Listed on
Jun 1, 2012
Closed on
Aug 29, 2012
Sold by
Arthur Errol
Bought by
The Zahraie Family Trust
Seller's Agent
Alix Myerson
Long & Foster Real Estate, Inc.
Buyer's Agent
Douglas Ford
Long & Foster Real Estate, Inc.
Sold Price
$540,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.23%

Purchase Details

Closed on
Mar 2, 2000
Sold by
Etwardo Rukmini
Bought by
Arthur Violet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,200
Interest Rate
8.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 8, 1994
Sold by
Young Thelma M
Bought by
Etwaroo Neil M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
8.4%
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
3617 14Th St Llc $1,099,999 Lp Title
The Zahraie Family Trust $540,000 --
Arthur Violet $123,582 --
Etwaroo Neil M $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 3617 14Th St Llc $945,140
Previous Owner Arthur Violet $111,200
Previous Owner Etwaroo Neil M $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2024 06/06/24 Sold $1,099,999 0.0% --
06/06/2024 06/06/24 Sold $1,099,999 0.0% $459 / Sq Ft
05/18/2024 05/18/24 Pending -- -- --
05/18/2024 05/18/24 Pending -- -- --
04/23/2024 04/23/24 For Sale $1,099,999 0.0% --
04/23/2024 04/23/24 For Sale $1,099,999 +103.7% $459 / Sq Ft
08/31/2012 08/31/12 Sold $540,000 -- --
06/01/2012 06/01/12 Pending -- -- --
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 $14,027 $850,100 $316,290 $533,810
2023 $13,924 $843,890 $310,080 $533,810
2022 $13,545 $820,920 $310,080 $510,840
2021 $13,319 $807,200 $310,080 $497,120
2020 $12,673 $768,060 $281,880 $486,180
2019 $11,415 $691,810 $256,260 $435,550
2018 $10,363 $628,070 $0 $0
2017 $9,406 $570,050 $0 $0
2016 $8,492 $514,650 $0 $0
2015 $8,327 $504,660 $0 $0
2014 $6,443 $390,490 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC2138282

Bright MLS

APN: 2827-0091