NOT LISTED FOR SALE
Studio
3 Baths
1,358 Sq Ft
2,313 Sq Ft Lot

Sale Details

Date Sold: May 28, 2020

Last sale price $495,000 $365 Per Sq Ft

6 Days on Market

Highlights

  • Traditional Architecture
  • 90% Forced Air Heating and Cooling System
  • Playground
  • No HOA

About This Home

As of May 2020

Rarely Available multi-family property with 3 bedroom units. Located in a highly coveted opportunity zone. The short and long term Tax , Depreciation & Potential Appreciation are outstanding for this separately renovated, turn-key 2 unit property. Separately metered and newly renovated the units are ready to be leased. (Housing Vouchers allow for great cash flor at $2,030/month for 3 bedroom units). The units have been updated and feature brand new HVAC systems, New kitchens with brand new SS range & microwaves, New hardwood floors, renovated bathrooms & more. These units should be virtually maintenance free for a long time!! This would make a perfect addition to your rental portfolio, or perhaps for the savvy homeowner looking to live in one unit and rent the other!! Make an appointment today!!

Last Agent to Sell the Property

Faith Rosselle

(301) 570-9300 faith.rosselle@verizon.net Rosselle Realty Services License #BR100826 Listed on: 12/13/2019

Co-Listed By

Michael Burdett

(301) 570-9300 faith.rosselle@verizon.net Rosselle Realty Services

Last Buyer's Agent

Keith James

(202) 243-7700 keithjames@kw.com Keller Williams Capital Properties

Keller Williams Capital Properties
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1941

Lot Details

  • 2,313

Parking

  • On-Street Parking

Home Design

  • 1,358 Sq Ft Home
  • Duplex
  • Traditional Architecture
  • Brick Exterior Construction

Utilities

  • 90% Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Playground
  • 2,313 Sq Ft Lot

Listing and Financial Details

  • The owner pays for water, real estate taxes, snow removal, lawn/shrub care, common area maintenance
  • Tax Lot 30
  • Assessor Parcel Number 5091//0030

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Vacant Units
  • Net Operating Income $46,823

Property Details

Home Type

Multi-Family

Year Built

Built in 1941

Lot Details

2,313 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1941
  • Special Features: None

Interior Features

  • Fireplace: No
  • Basement: No
  • Total Sq Ft: 1358
  • Living Area Sq Ft: 1358
  • Price Per Sq Ft: 342.42
  • Above Grade Finished Sq Ft: 1358
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Play Area, Sidewalks
  • Spa: 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: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Main Entrance Lock
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 142190.00
  • Land Assessed Value: 129940.00
  • Lot Size Acres: 0.05
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2313.00
  • Soil Types: Unknown
  • Zoning: OPPORTUNITY ZONE
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: None
  • Owner Pays: Water, Taxes - Real Estate, Snow Removal, Lawn/Shrub Care, Common Area Maintenance
  • Total Actual Rent: 48720.00
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16083735
  • Tax Annual Amount: 12384.00
  • Assessor Parcel Number: 5091//0030
  • Tax Lot: 30
  • Tax Data Updated: No
  • Tax Year: 2019

Multi Family

  • Number Of Units Vacant: 2
  • Gross Income: 48720.00

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

Closed on
Aug 6, 2021
Sold by
Campbell Dorothy Ige and Ige Olufolajimi
Bought by

Purchase Details

Listed on
Dec 13, 2019
Closed on
May 28, 2020
Sold by
4248 Edson Place Llc
Bought by
Campbell Dorothy Ige and Ige Olufolajimi
Seller's Agent
Faith Rosselle
Rosselle Realty Services
Buyer's Agent
Keith James
Keller Williams Capital Properties
List Price
$465,000
Sold Price
$495,000
Premium/Discount to List
$30,000
6.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$371,250
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 2019
Sold by
Clarke James E and Abraham Glenn
Bought by
4248 Edson Place Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 18, 2007
Sold by
Benson Steven
Bought by
Abraham Glenn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,400
Interest Rate
6.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 28, 1999
Sold by
Vample Reginald A
Bought by
Benson Steven A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,550
Interest Rate
7.71%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$160,000 Standard Title Group Llc
Campbell Dorothy Ige $495,000 Standard Title Group Llc
4248 Edson Place Llc $217,000 None Available
Abraham Glenn $263,000 --
Benson Steven A $59,000 --
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
Previous Owner $371,250
Previous Owner 4248 Edson Place Llc $300,000
Previous Owner Abraham Glenn $210,400
Previous Owner Benson Steven A $59,550
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
05/28/2020 05/28/20 Sold $495,000 +6.5% $365 / Sq Ft
12/19/2019 12/19/19 Pending -- -- --
12/13/2019 12/13/19 For Sale $465,000 -- $342 / 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 $4,284 $558,520 $148,170 $410,350
2024 $4,740 $557,700 $144,450 $413,250
2023 $4,512 $530,810 $139,540 $391,270
2022 $4,169 $490,450 $137,850 $352,600
2021 $3,026 $466,590 $135,820 $330,770
2020 $13,607 $272,130 $129,940 $142,190
2019 $12,385 $247,690 $126,750 $120,940
2018 $1,897 $223,230 $0 $0
2017 $1,723 $202,690 $0 $0
2016 $1,679 $197,580 $0 $0
2015 $1,503 $176,840 $0 $0
2014 $1,378 $162,090 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC452650

Bright MLS

APN: 5091 0030

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