NOT LISTED FOR SALE

4223 Brooks St NE Washington, DC 20019

Mahaning Heights Neighborhood

Estimated Value: $559,000 - $731,654

-- Bed
5 Baths
-- Sq Ft
3,027 Sq Ft Lot

Last Sold August 22, 2016

Last sale price $510,000

Est. 27% increase in value since last sale

Current estimated payment $3,623/month

152 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • Property is in very good condition
  • Window Unit Cooling System

About This Home

As of August 2016

Five unit property. All one bedrooms. One vacant and needing finishing work in lower level plus unfinished other area of lower level of equal size, maybe total of 1000 sq. ft.. Not far from Metro..

Last Agent to Sell the Property

Joel Martin

(202) 274-1882 jn1martin@aol.com RE/MAX Allegiance License #90774 Listed on: 12/16/2015

RE/MAX Allegiance

Last Buyer's Agent

Joel Martin

(202) 274-1882 jn1martin@aol.com RE/MAX Allegiance License #90774 Listed on: 12/16/2015

RE/MAX Allegiance

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,230

Year Built

  • Built in 1951

Lot Details

  • 3,027 Sq Ft Lot
  • Property is in very good condition

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Partially Finished Basement

  • Exterior Basement Entry

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • The owner pays for advertising/licenses and permits, insurance, management, repairs, real estate taxes, all utilities
  • Tax Lot 60
  • Assessor Parcel Number 5087//0060

Community Details

Overview

  • No Home Owners Association
  • 5 Units
  • Deanwood Subdivision

Building Details

  • Operating Expense $9,888
  • Net Operating Income $38,352

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,230

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Outside Entrance, Partially Finished

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: Electric
  • Cooling Type: Window Unit(s)
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • 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

Green Features

  • Green Verification: No

Lot Info

  • Improvement Assessed Value: 171600.00
  • Land Assessed Value: 90810.00
  • Lot Size Acres: 0.07
  • Lot Size Area: 3027
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3027.00
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Soil Types: Unknown
  • Zoning: WALK UP
  • In City Limits: Yes

Rental Info

  • Lease Term: Negotiable
  • Owner Pays: Advertising/Licenses And Permits, Insurance, Management, Repairs, Taxes - Real Estate, All Utilities
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16083458
  • Tax Annual Amount: 2230.00
  • Assessor Parcel Number: 5087//0060
  • Tax Lot: 60
  • Tax Year: 2015

Multi Family

  • Gross Income: 48240.00
  • Metering: Fully Separate
  • Operating Expense: 9888.00
  • Vacancy Allowance Rate: 20.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2015
Closed on
Aug 22, 2016
Sold by
Green Kevin
Bought by
M2 Enterprises Llc
Seller's Agent
Joel Martin
RE/MAX Allegiance
Buyer's Agent
Joel Martin
RE/MAX Allegiance
List Price
$645,000
Sold Price
$510,000
Premium/Discount to List
-$135,000
-20.93%
Current Estimated Value
$645,327

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,327
Avg. Annual Appreciation
2.57%
Original Mortgage
$382,500
Outstanding Balance
$303,666
Interest Rate
3.41%
Mortgage Type
Commercial
Estimated Equity
$341,661

Purchase Details

Closed on
Jul 11, 2000
Sold by
Mcconnell Sharon
Bought by
Green Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,250
Interest Rate
8.5%
Mortgage Type
Commercial
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
M2 Enterprises Llc $510,000 Federal Title & Escrow Co
Green Kevin $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open M2 Enterprises Llc $382,500
Previous Owner Green Kevin $106,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/22/2016 08/22/16 Sold $510,000 -20.9% --
05/16/2016 05/16/16 Pending -- -- --
12/16/2015 12/16/15 For Sale $645,000 -- --
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 $2,700 $317,640 $122,170 $195,470
2024 $3,293 $387,410 $122,170 $265,240
2023 $3,822 $449,700 $119,780 $329,920
2022 $3,764 $442,840 $119,780 $323,060
2021 $3,853 $453,310 $119,780 $333,530
2020 $3,435 $404,170 $108,880 $295,290
2019 $3,479 $409,290 $98,980 $310,310
2018 $3,433 $403,860 $0 $0
2017 $2,689 $316,370 $0 $0
2016 $2,230 $262,410 $0 $0
2015 $2,230 $262,400 $0 $0
2014 $2,190 $257,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joel Martin

    Seller's Agent in 2016

    Joel Martin

    RE/MAX

    (202) 274-1882

    20 Total Sales

    Joel Martin
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Map

Source: Bright MLS

MLS Number: 1001356801

Bright MLS

APN: 5087-0060

District of Columbia District of Columbia County Washington 20019 Mahaning Heights

4223 Brooks St NE, Washington, DC

Not Listed for Sale

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