NOT LISTED FOR SALE

Estimated Value: $745,861

Studio
-- Bath
-- Sq Ft
5,511 Sq Ft Lot

Sale Details

Date Sold: May 9, 2024

Last sale price $800,000 $0 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $5,871 / mo

182 Days on Market

Highlights

  • Central Air
  • Dwelling with Rental
  • Heating System Uses Natural Gas

About This Home

As of May 2024

**INVESTOR’S DREAM: Prime Real Estate Opportunity with Impeccable Potential** Are you seeking a transformative investment opportunity in the heart of a rapidly developing community? Look no further! This exceptional property is INVESTOR-READY and BRIMMING with potential. Here's why this investment should not be missed. The groundwork is already laid with meticulously crafted architectural drawings **Architectural Drawings for improvements on the property to add two additional units to the already existing layout of four units, plus build upwards on the current foundation which has already been reviewed and all documentation needed for permits have been obtained. You have the green light to add two additional units and build upwards on the existing foundation. Say goodbye to the bureaucratic red tape, and hello to accelerated progress. **Solid Foundation & Soil Testing** Safety is paramount, and this property has passed rigorous soil and foundation testing. Your investment is grounded on a solid, verified foundation, ensuring long-term structural integrity. **Private Alley & Parking** Convenience and exclusivity go hand in hand with a private alley and designated parking for occupants. Parking space is a prized asset in urban locales, adding value and desirability to your investment. **Mixed-Use Commercial Property** Versatility is your ally. This property boasts mixed-use capabilities, opening doors to diverse revenue streams. Whether it's apartments, a laundromat, or a combination of both, you're in control of your investment's destiny. BEST PART YET - **Vacant & Ready for Renovation** No tenant-related delays or disruptions. The property is vacant, awaiting your vision and transformation. Get started on your investment journey without hesitation. Perfect Location** Situated in the highly sought-after Deanwood Community, conveniently accessible via highways, metro stations, and city roads. The 295 exit to Nannie Burroughs is just around the corner. Embrace the advantages of a burgeoning community with ample potential for growth. Proximity to Transportation** With the Minnesota Avenue, Benning Road, and Deanwood Metro Stations nearby, this property offers excellent commuter access. Plus, major arteries like 295, 395, Anacostia Freeway, New York Avenue, and Benning Road are within easy reach. Surging Development**: Ride the wave of progress. The surrounding area is witnessing rapid development, making this investment not just a choice but a strategic move for the future. This property is presented as-is, granting you the freedom to craft its future. If you're a savvy investor seeking an opportunity brimming with potential and located in one of the most promising communities, don't let this slip through your fingers.

Last Agent to Sell the Property

Samantha Porter

(240) 737-5000 samantha.porter@kw.com Keller Williams Preferred Properties License #5011439 Listed on: 10/10/2023

Keller Williams Preferred Properties

Last Buyer's Agent

Elbert Graves

(301) 850-0255 kara@samsonproperties.net Samson Properties License #SP101111

Samson Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,769

Year Built

  • Built in 1953

Lot Details

  • 5,511

Home Design

  • Quadruplex
  • Dwelling with Rental
  • Brick Exterior Construction

Schools

  • Kelly Miller Middle School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Back Up Gas Heat Pump System
  • Natural Gas Water Heater

Additional Features

  • Crawl Space
  • 5,511 Sq Ft Lot

Listing and Financial Details

  • Tax Lot 912
  • Assessor Parcel Number 5125//0912

Community Details

Overview

  • 4 Units
  • 2-Story Building
  • Deanwood Subdivision

Building Details

  • 4 Vacant Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,769

Year Built

Built in 1953

Lot Details

5,511 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Architectural Style: Dwelling With Rental
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Year Built: 1953
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Crawl Space
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Heat Pump - Gas Backup
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Natural Gas Available
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Middle Or Junior School: KELLY MILLER

Lot Info

  • Lot Size Acres: 0.13
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5511.00
  • Soil Types: Unknown
  • Zoning: MU-3A
  • Zoning Description: MU-3A
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Rent Control: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5769.00
  • Assessor Parcel Number: 5125//0912
  • Tax Lot: 912
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

Multi Family

  • Number Of Units Vacant: 4

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
Oct 10, 2023
Closed on
Jun 14, 2024
Sold by
Bought by
Seller's Agent
Samantha Porter
Keller Williams Preferred Properties
Buyer's Agent
Elbert Graves
Samson Properties
List Price
$900,000
Sold Price
$800,000
Premium/Discount to List
-$100,000
-11.11%
Views
115
Current Estimated Value
$745,861

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$54,139
Avg. Annual Appreciation
-3.15%
Original Mortgage
$660,000
Interest Rate
0.0709%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

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
$800,000 Prime Title
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 $660,000
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
05/09/2024 05/09/24 Sold $800,000 -5.9% --
11/08/2023 11/08/23 Price Changed $849,999 -5.6% --
10/10/2023 10/10/23 For Sale $900,000 -- --
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 $21,832 $436,640 $222,420 $214,220
2024 $6,414 $388,730 $222,420 $166,310
2023 $5,560 $336,980 $218,070 $118,910
2022 $5,769 $349,660 $218,070 $131,590
2021 $3,992 $411,920 $218,070 $193,850
2020 $18,605 $372,090 $198,230 $173,860
2019 $3,315 $342,060 $180,210 $161,850
2018 $3,027 $312,350 $0 $0
2017 $2,967 $306,150 $0 $0
2016 $2,891 $298,330 $0 $0
2015 $2,857 $294,830 $0 $0
2014 $2,254 $294,180 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC2115230

Bright MLS

APN: 5125-0912

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