NOT LISTED FOR SALE

Estimated Value: $788,000

-- Bed
-- Bath
4,224 Sq Ft
$187/Sq Ft Est. Value

Last Sold June 12, 2013

Last sale price $995,000 $236 Per Sq Ft

Est. 21% decrease in value since last sale

Current estimated payment $5,082/month

38 Days on Market

Highlights

  • No HOA
  • Property is in very good condition
  • Radiator

About This Home

As of June 2013

Price adjustment- seller ready to sell! In Brookland near CUA! *4017, 4021 & 4025 8th St NE* 3 Buildings /13 Units (9) 1 bed units & (4) 2 bed units large porch w. views to the large rear yard. Low vacancies & management record kept with The Barac Company. Brookland-CUA METRO. SHOWINGS BY APPT!

Last Agent to Sell the Property

Nelson Marban

Washington Fine Properties, LLC License #SP98359697 Listed on: 03/27/2013

Washington Fine Properties, LLC

Last Buyer's Agent

Nate Guggenheim

Washington Fine Properties, LLC License #SP98364671

Washington Fine Properties, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,958

Year Built

  • Built in 1938

Lot Details

  • 4,559 Sq Ft Lot
  • Property is in very good condition

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Unfinished Basement

  • Rear Basement Entry

Utilities

  • Radiator
  • Heating System Uses Oil
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 27
  • Assessor Parcel Number 3816//0027

Community Details

Overview

  • No Home Owners Association
  • 13 Units
  • Brookland Subdivision

Building Details

  • Operating Expense $88,044

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,958

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1938
  • Remarks Public: Price adjustment- seller ready to sell! In Brookland near CUA! *4017, 4021 & 4025 8th St NE* 3 Buildings /13 Units (9) 1 bed units & (4) 2 bed units large porch w. views to the large rear yard. Low vacancies & management record kept with The Barac Company. Brookland-CUA METRO. SHOWINGS BY APPT!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Outside Entrance, Rear Entrance, Unfinished
  • Street Number Modifier: 4017

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
  • Heating Fuel: Oil
  • 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

  • Lot Size Acres: 0.10
  • Lot Size Area: 4559
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4559.00
  • Property Condition: Very Good
  • Soil Types: Unknown
  • Year Assessed: 2012
  • Zoning: 23 RES.
  • In City Limits: Yes

Rental Info

  • Lease Term: 12 Months
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3957.60
  • Assessor Parcel Number: 3816//0027
  • Tax Lot: 27
  • Tax Year: 2012
  • Close Date: 06/12/2013

Multi Family

  • Gross Income: 129936.00
  • Metering: Electric Separate, Heat Common
  • Operating Expense: 88044.40

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2013
Closed on
Jun 12, 2013
Sold by
Grady John F
Bought by
8Th Street Ne Partners Llc
Seller's Agent
Nelson Marban
Washington Fine Properties, LLC
Buyer's Agent
Nate Guggenheim
Washington Fine Properties, LLC
List Price
$1,300,000
Sold Price
$995,000
Premium/Discount to List
-$305,000
-23.46%
Current Estimated Value
$788,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$207,000
Avg. Annual Appreciation
-1.26%
Original Mortgage
$132,666
Outstanding Balance
$95,547
Interest Rate
3.39%
Mortgage Type
Commercial
Estimated Equity
$756,453
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
8Th Street Ne Partners Llc $331,666 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 8Th Street Ne Partners Llc $132,666
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2013 06/12/13 Sold $995,000 -23.5% $236 / Sq Ft
05/04/2013 05/04/13 Pending -- -- --
03/27/2013 03/27/13 For Sale $1,300,000 -- $308 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003414538

Bright MLS

APN: 3816 0027