NOT LISTED FOR SALE

4040 7th St NE Washington, DC 20017

Brookland Neighborhood
Studio
4 Baths
2,800 Sq Ft
3,006 Sq Ft Lot

Sale Details

Date Sold: December 23, 2016

Last sale price $650,000 $232 Per Sq Ft

80 Days on Market

About This Home

As of December 2016

BACK ON THE MARKET; APPRAISED AT LIST PRICE...WILL GO FAST!!! GREAT INVESTMENT OPPORTUNITY WALKING DISTANCE TO CATHOLIC UNIV. LIVE IN ONE UNIT AND COLLECT RENT ON OTHER THREE. ONE VACANT UNIT FULLY RENOVATED WITH HARDWOOD FLOORS, NEW KITCHEN, FINISHED REAR BONUS ROOM AND READY FOR OCCUPANCY. OTHER TENANTS ARE MONTH-TO-MONTH. REAR YARD LEVEL AND AT GRADE FOR THE ADDITION OF PARKING.

Last Agent to Sell the Property

Daniel Crosby

(202) 986-0160 tai@equilibriumrealty.com Equilibrium Realty, LLC Listed on: 06/27/2016

Last Buyer's Agent

Angelo Cooper

(443) 660-9229 thecoopgroup2012@gmail.com Keller Williams Legacy

Keller Williams Legacy
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,717

Year Built

  • Built in 1939

Lot Details

  • 3,006

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Schools

  • Brookland Education Campus At Bunker Hill Elementary And Middle School
  • Theodore Roosevelt High School

Utilities

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

Additional Features

  • Rear Basement Entry
  • 3,006 Sq Ft Lot

Listing and Financial Details

  • Tax Lot 829
  • Assessor Parcel Number 3820//0829

Community Details

Overview

  • Property has a Home Owners Association
  • 4 Units
  • Brookland Subdivision

Building Details

  • Operating Expense $6,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,717

Year Built

Built in 1939

Lot Details

3,006 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1939
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Rear Entrance
  • Price Per Sq Ft: 241.07

Exterior Features

  • 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: No
  • Cooling Fuel: Natural Gas
  • 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: Yes
  • HOA: No

Schools

  • Elementary School: BROOKLAND EDUCATION CAMPUS AT BUNKER HILL
  • High School: THEODORE ROOSEVELT
  • Middle Or Junior School: BROOKLAND EDUCATION CAMPUS AT BUNKER HILL

Lot Info

  • Improvement Assessed Value: 238740.00
  • Land Assessed Value: 219110.00
  • Lot Size Acres: 0.07
  • Lot Size Area: 3006
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3006.00
  • Property Attached Yn: Yes
  • Soil Types: Unknown
  • Zoning: R4
  • In City Limits: Yes

Rental Info

  • Lease Term: Negotiable
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16069089
  • Tax Annual Amount: 3717.00
  • Assessor Parcel Number: 3820//0829
  • Tax Lot: 829
  • Tax Year: 2015

Multi Family

  • Gross Income: 34200.00
  • Operating Expense: 6000.00
  • Vacancy Allowance Rate: 25.00

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2016
Closed on
Dec 22, 2016
Sold by
Crosby Daniel
Bought by
Seller's Agent
Daniel Crosby
Equilibrium Realty, LLC
Buyer's Agent
Angelo Cooper
Keller Williams Legacy
List Price
$665,000
Sold Price
$650,000
Premium/Discount to List
-$15,000
-2.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$698,923
Outstanding Balance
$560,079
Interest Rate
4.03%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 14, 2016
Sold by
Slyke Roderick O
Bought by
Crosby Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Interest Rate
3.97%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Brookland, DC

  • Rosalyne Chatman Real Estate Agent - CENTURY 21 New Millennium

    Rosalyne Chatman

    CENTURY 21 New Millennium

    (202) 929-6174

    82 Total Sales

    1 in Brookland

    $12,000 Price

    Rosalyne Chatman
     Section Image
  • Ira Hersh Real Estate Agent - Compass

    Ira Hersh

    Compass

    (844) 972-3658

    51 Total Sales

    1 in Brookland

    $1,460,000 Price

    Ira Hersh
     Section Image
  • Casey Aboulafia Real Estate Agent - Compass

    Casey Aboulafia

    Responds Quickly

    Compass

    (855) 908-5667

    222 Total Sales

    2 in Brookland

    $899K - $1.4M Price Range

    Casey Aboulafia
     Section Image
  • Damian Buckley Real Estate Agent - Compass

    Damian Buckley

    Responds Quickly

    Compass

    (844) 257-5284

    55 Total Sales

    1 in Brookland

    $485,000 Price

    Damian Buckley
     Section Image
  • Giovanna Piskulich Real Estate Agent - Compass

    Giovanna Piskulich

    Responds Quickly

    Compass

    (571) 946-4847

    94 Total Sales

    1 in Brookland

    $499,999 Price

    Giovanna Piskulich
     Section Image
  • Lindsay Clark Real Estate Agent - Compass

    Lindsay Clark

    Responds Quickly

    Compass

    (844) 329-0944

    102 Total Sales

    1 in Brookland

    $815,000 Price

    Lindsay Clark
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$650,000 Stewart Title Of Maryland
Crosby Daniel $550,000 Choice Settlements Group Llc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $698,923
Previous Owner Crosby Daniel $412,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/23/2016 12/23/16 Sold $650,000 -3.7% $232 / Sq Ft
10/03/2016 10/03/16 Price Changed $675,000 +1.5% $241 / Sq Ft
09/15/2016 09/15/16 Pending -- -- --
09/02/2016 09/02/16 For Sale $665,000 0.0% $238 / Sq Ft
08/31/2016 08/31/16 Price Changed $665,000 +0.9% $238 / Sq Ft
07/06/2016 07/06/16 Pending -- -- --
06/27/2016 06/27/16 For Sale $659,000 -- $235 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $8,794 $1,034,610 $384,200 $650,410
2024 $8,426 $991,340 $372,350 $618,990
2023 $6,511 $766,050 $363,150 $402,900
2022 $5,837 $686,720 $324,920 $361,800
2021 $5,472 $643,710 $320,110 $323,600
2020 $5,194 $611,040 $309,050 $301,990
2019 $4,902 $576,670 $291,580 $285,090
2018 $4,642 $546,070 $0 $0
2017 $4,439 $522,280 $0 $0
2016 $3,892 $457,850 $0 $0
2015 $3,718 $437,360 $0 $0
2014 $3,133 $368,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Daniel Crosby Real Estate Agent - Equilibrium Realty, LLC

    Seller's Agent in 2016

    Daniel Crosby

    Equilibrium Realty, LLC

    (202) 409-8083

    50 Total Sales

    Daniel Crosby
    Section Image
  • Angelo Cooper Real Estate Agent - Keller Williams Legacy

    Buyer's Agent in 2016

    Angelo Cooper

    Keller Williams Legacy

    (410) 977-5630

    162 Total Sales

    Angelo Cooper
    Section Image
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Map

Source: Bright MLS

MLS Number: 1001370761

Bright MLS

APN: 3820 0829

District of Columbia District of Columbia County Washington 20017 Brookland

4040 7th St NE, Washington, DC

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