NOT LISTED FOR SALE

Estimated Value: $194,000

Studio
1 Bath
3,200 Sq Ft
$61/Sq Ft Est. Value

Sale Details

Date Sold: November 22, 2023

Last sale price $836,000 $261 Per Sq Ft

Current estimated payment $1,236 / mo

84 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • Tray Ceiling
  • Deck
  • Upgraded Countertops
  • Patio

About This Home

As of November 2023

This rare gem is a 75% vacant apartment building that was recently renovated. This is a turn-key investment that has possibilities for renting OR turning each unit into condos down the road (condos across the street have sold for $300k+) The neighborhood has immense potential with all of the huge developments going into Congress Heights! *THE NEW DCHA RATES FOR THIS NEIGHBORHOOD HAVE GONE UP TO $1655/UNIT AS ESTIMATED ON THEIR AFFORDABLE HOUSING TOOL, WHERE THREE UNITS COVER $4,900*

When interest rates come back down, properties like these have a tendency to become unaffordable! This is your chance to get in at a great price and refinance down the road to make your cashflow even stronger! Do not miss it!

Last Agent to Sell the Property

Russ Brown

(240) 583-1183 wdcapartments@gmail.com Realty One Group Performance, LLC Listed on: 07/19/2023

Realty One Group Performance, LLC

Last Buyer's Agent

datacorrect BrightMLS

(844) 552-7444 datacorrect@brightmls.com Non Subscribing Office License #0225194075

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,929

Year Built

  • Built in 1942 | Remodeled in 2022

Lot Details

  • 2,800 Sq Ft Lot
  • Property is in very good condition

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Permanent Foundation

Interior Spaces

  • 3,200 Sq Ft Home
  • Open Floorplan
  • Tray Ceiling
  • Ceiling height of 9 feet or more
  • Stacked Washer and Dryer

Kitchen

  • Electric Oven or Range
  • Stove
  • Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Laminate

Parking

  • On-Street Parking
  • Unassigned Parking

Outdoor Features

  • Deck
  • Patio

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 5997//2001

Community Details

Overview

  • 4 Units
  • 2-Story Building
  • Congress Heights Community

Building Details

  • 3 Vacant Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,929

Year Built

Built in 1942 | Remodeled in 2022

Lot Details

2,800 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: End Of Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1942
  • Year Renovated: 2022
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: NewHome
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Exhaust Fan, Microwave, Oven/Range - Electric, Refrigerator, Stove, Washer/Dryer Stacked
  • Flooring Type: Hardwood, Laminated
  • Interior Amenities: Upgraded Countertops, Wood Floors, Floor Plan - Open
  • Fireplace: No
  • Wall Ceiling Types: 9'+ Ceilings, Tray Ceilings
  • Foundation Details: Permanent
  • Basement: No
  • Total Sq Ft: 3200
  • Living Area Sq Ft: 3200
  • Price Per Sq Ft: 268.44
  • Above Grade Finished Sq Ft: 3200
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Road Surface Type: Paved
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Unassigned
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Water Available, Sewer Available
  • Water Source: Public
  • Municipal Trash: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.06
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2800.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Property Condition: Very Good
  • Soil Types: Unknown
  • Zoning: R3
  • In City Limits: No

Rental Info

  • Existing Lease Type: Month To Month
  • Number Of Units Month To Month: 1
  • Units Leased Count: 1
  • Vacation Rental: No

Multi Family

  • Number Of Units Vacant: 3
  • Other Units: Unit 4

Tax Info

  • Tax Annual Amount: 6929.00
  • Assessor Parcel Number: 5997//2001
  • Tax Year: 2023

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
Mar 1, 2015
Closed on
May 7, 2015
Sold by
Bought by
Seller's Agent
Tawa Olanrewaju
Multiplex Realty Inc
Buyer's Agent
Angie Lundy
Samson Properties
List Price
$450,000
Sold Price
$450,000
Current Estimated Value
$194,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$256,000
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$450,000 --
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 Prior Sale
11/22/2023 11/22/23 Sold $836,000 -2.7% $261 / Sq Ft
10/11/2023 10/11/23 Pending -- -- --
07/19/2023 07/19/23 For Sale $859,000 +90.9% $268 / Sq Ft
05/07/2015 05/07/15 Sold $450,000 0.0% $646 / Sq Ft View Prior Sale
03/12/2015 03/12/15 Pending -- -- --
03/01/2015 03/01/15 For Sale $450,000 -- $646 / 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
2022 $1,411 $179,710 $53,910 $125,800
2021 $1,108 $143,691 $46,130 $97,561
2020 $900 $105,880 $31,760 $74,120
2019 $855 $100,560 $30,170 $70,390
2018 $765 $89,990 $0 $0
2017 $698 $82,170 $0 $0
2016 $700 $82,340 $0 $0
2015 $700 $82,340 $0 $0
2014 -- $91,370 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC2104826

Bright MLS

APN: 5997-2001

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