$450,000
SOLD MAY 7, 2015
-- Bed
-- Bath
697 Sq Ft
2,800 Sq Ft Lot

Recently Sold

$646 Per Sq Ft

11 Days on Market

Highlights

  • Deck
  • No HOA
  • Tray Ceiling
  • Wood Flooring
  • Upgraded Countertops
  • Crown Molding

About This Home

As of November 2023

Well maintained, 4 2BR/1 BA condo units. 1 Unit vacant.Fully rehabbed in 2007. Walk to metro. Rental Income is $4908/month for the 4 units. Kitchen w/ granite and stainless steel appliances, CAC, W/D each unit. Jacuzzi bath, 9ft+ ceilings, skylight, hardwood flrs, sec alarm, large BR with tray ceilings, deck. Subject to TOPA rights. 24 hour notice required. Owner is Licensed Real Estate Agent.

Last Agent to Sell the Property

Tawa Olanrewaju

Multiplex Realty Inc Listed on: 03/01/2015

Last Buyer's Agent

Angie Lundy

United Real Estate

United Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,200

Year Built

  • Built in 1942 | Remodeled in 2007

Lot Details

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

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • Crown Molding
  • Tray Ceiling
  • Ceiling height of 9 feet or more
  • Wood Flooring
  • Stacked Washer and Dryer

Kitchen

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

Parking

  • On-Street Parking
  • Unassigned Parking

Outdoor Features

  • Deck
  • Patio

Utilities

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

Community Details

  • No Home Owners Association
  • 4 Units
  • Congress Heights Community
  • Congress Heights Subdivision

Listing and Financial Details

  • The owner pays for accounting/legal, insurance, management, repairs, real estate taxes
  • Tax Lot 2001-2004
  • Assessor Parcel Number 5997//2001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,200

Year Built

Built in 1942 | Remodeled in 2007

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1942
  • Year Renovated: 2007
  • Remarks Public: Well maintained, 4 2BR/1 BA condo units. 1 Unit vacant.Fully rehabbed in 2007. Walk to metro. Rental Income is $4908/month for the 4 units. Kitchen w/ granite and stainless steel appliances, CAC, W/D each unit. Jacuzzi bath, 9ft+ ceilings, skylight, hardwood flrs, sec alarm, large BR with tray ceilings, deck. Subject to TOPA rights. 24 hour notice required. Owner is Licensed Real Estate Agent.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Disposal, Exhaust Fan, Icemaker, Microwave, Oven/Range - Electric, Refrigerator, Stove, Washer/Dryer Stacked
  • Interior Amenities: Crown Moldings, Upgraded Countertops, Wood Floors
  • Fireplace: No
  • Wall Ceiling Types: 9'+ Ceilings, Tray Ceilings
  • Basement: No
  • Price Per Sq Ft: 645.62
  • Street Number Modifier: 412

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • Road Surface Type: Paved
  • 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)
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • School District Key: 121140357950

Lot Info

  • Fencing: Fully
  • Improvement Assessed Value: 63960.00
  • Land Assessed Value: 27410.00
  • Lot Size Acres: 0.06
  • Lot Size Area: 2800
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2800.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Property Condition: Very Good
  • Soil Types: Unknown
  • Year Assessed: 2014
  • Zoning: UNKOWN

Rental Info

  • Lease Term: Negotiable
  • Owner Pays: Accounting/Legal, Insurance, Management, Repairs, Taxes - Real Estate
  • Vacation Rental: No

Multi Family

  • Gross Income: 58896.00
  • Metering: Fully Separate, Electric Separate
  • Vacancy Allowance Rate: 25.00

Tax Info

  • Assessor Parcel Number: 16162934
  • Tax Annual Amount: 3200.00
  • Assessor Parcel Number: 5997//2001
  • Tax Lot: 2001-2004
  • Tax Total Finished Sq Ft: 697
  • Tax Year: 2014
  • Close Date: 05/07/2015

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2015
Closed on
May 7, 2015
Sold by
412 Mellon Street Llc
Bought by
Breeze Investment Llc
Seller's Agent
Tawa Olanrewaju
Multiplex Realty Inc
Buyer's Agent
Angie Lundy
United Real Estate
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

Date Type Sale Price Title Company
Warranty Deed $450,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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 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
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: 1001335857

Bright MLS

APN: 5997-2001