NOT LISTED FOR SALE
-- Bed
4 Baths
3,440 Sq Ft
3,988 Sq Ft Lot

Last Sold May 05, 2023

Last sale price $950,000 $276 Per Sq Ft

24 Days on Market

Highlights

  • Dual Staircase
  • Galley Kitchen
  • Hot Water Heating System

About This Home

As of May 2023

INVESTORS, rare 100% vacant 4 unit apartment building in Brookland on a big lot (3,988 SF)! RA-1 zoning. Each unit has 1 bedroom and 1 bathroom with a rear sunroom that can easily be converted into an additional bedroom. Building is semi-detached, allowing for more light into units. Brookland voucher rents without utilities are $2,075/month for 2 bedroom units and $2,812/month for 3 bedroom units. Excellent investment opportunity. LOW INTEREST RATE PROGRAMS WITH LITTLE MONEY DOWN ARE AVAILABLE!

Last Agent to Sell the Property

Stefan Rosu

(703) 297-2730 stefanrosu86@gmail.com Keller Williams Capital Properties License #666850 Listed on: 01/24/2023

Keller Williams Capital Properties

Last Buyer's Agent

Soheil Tayebi

(202) 536-3799 so.tayebi.cre@gmail.com HomeSmart License #SP200201631

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,237

Year Built

  • Built in 1937

Lot Details

  • 3,988 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Brick Exterior Construction

Interior Spaces

  • 3,440 Sq Ft Home
  • Dual Staircase
  • Crawl Space
  • Galley Kitchen

Utilities

  • Hot Water Heating System
  • Less than 60 Amp Service
  • Natural Gas Water Heater

Listing and Financial Details

  • The owner pays for water, sewer
  • Tax Lot 6
  • Assessor Parcel Number 3818//0006

Community Details

Overview

  • 4 Units
  • 2-Story Building

Building Details

  • 4 Vacant Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,237

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1937
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Interior Amenities: Additional Stairway, Kitchen - Galley
  • Fireplace: No
  • Foundation Details: Crawl Space
  • Basement: No
  • Total Sq Ft: 3440
  • Living Area Sq Ft: 3440
  • Price Per Sq Ft: 319.77
  • Above Grade Finished Sq Ft: 3440
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Spa: 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
  • Electric Service: Less Than 60 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District Source: 3rd Party

Lot Info

  • Lot Size Acres: 0.09
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3988.00
  • Soil Types: Urban Land-Sassafras-Chillum
  • Zoning: RA-1
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Owner Pays: Water, Sewer
  • Rent Control: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 6237.00
  • Assessor Parcel Number: 3818//0006
  • Tax Lot: 6
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

Multi Family

  • Number Of Units Vacant: 4
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2023
Closed on
May 5, 2023
Sold by
Hanes Tracy R
Bought by
Citadel Holdings Llc
Seller's Agent
Stefan Rosu
Keller Williams Capital Properties
Buyer's Agent
Soheil Tayebi
HomeSmart
List Price
$1,100,000
Sold Price
$950,000
Premium/Discount to List
-$150,000
-13.64%
Views
94

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$820,000
Outstanding Balance
$796,449
Interest Rate
6.42%
Mortgage Type
Construction

Purchase Details

Closed on
May 5, 2022
Sold by
Hanes Joyce D
Bought by
Joyce D Hanes Revocable Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Citadel Holdings Llc $950,000 Dupont Title
Joyce D Hanes Revocable Trust -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Citadel Holdings Llc $820,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2023 05/05/23 Sold $950,000 -13.6% $276 / Sq Ft
02/17/2023 02/17/23 Pending -- -- --
01/24/2023 01/24/23 For Sale $1,100,000 -- $320 / 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 $9,025 $1,219,060 $406,420 $812,640
2024 $7,364 $866,340 $393,890 $472,450
2023 $6,996 $823,020 $384,160 $438,860
2022 $6,237 $733,740 $342,130 $391,610
2021 $5,770 $678,870 $337,070 $341,800
2020 $5,417 $637,270 $323,470 $313,800
2019 $5,074 $596,910 $305,800 $291,110
2018 $4,772 $561,430 $0 $0
2017 $4,508 $530,320 $0 $0
2016 $3,937 $463,220 $0 $0
2015 $3,746 $440,750 $0 $0
2014 $3,156 $371,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC2081558

Bright MLS

APN: 3818-0006