Darnell Eaton
CENTURY 21 New Millennium
(240) 563-9573
164 Total Sales
2 in Congress Heights
$490K - $501K Price Range
446 Mellon St SE Washington, DC 20032
Congress Heights Neighborhood
Studio
4
Baths
3,248
Sq Ft
4,356
Sq Ft Lot
Highlights
- Wood Flooring
- Hot Water Heating System
- Storm Doors
- Ceiling Fan
About This Home
As of November 2024Back on the Market with Price Improvements – Prime Investment Opportunity Near National Harbor! Seize this outstanding opportunity to own a semi-detached, four-unit property in a highly sought-after location near National Harbor, MGM, Gaylord, Nationals Stadium, and the US Capitol. This versatile building, originally renovated in 1989, is perfect for investors aiming to convert the units into condos or for owner-occupants looking to live in one unit while generating rental income from the other three. Property Highlights: Unit Breakdown:
Two units feature 3 bedrooms and 1 bath each.
Two units feature 2 bedrooms and 1 bath each.
Current Occupancy:
Three units are vacant, ready for immediate occupancy.
One unit is on a flexible month-to-month lease.
Modern Updates:
Newer bathrooms, kitchens, hardwood, and luxury plank floors.
Freshly painted walls and newer doors.
Outdoor Potential:
Large backyard adjacent to an alley, perfect for future parking.
Utilities:
Basement equipped with newer hot water heaters and furnace. (No AC; window units are in place.)
Prime Location: Minutes from JABAB, downtown, National Harbor, MGM, Gaylord, and Nationals Stadium, with easy access to the US Capitol, this location is ideal for professionals, investors, and those seeking convenience and potential growth. Investment Potential: Condo Conversion: Perfect for investors looking to transform the units into high-demand condos.
Rental Income: Ideal for owner-occupants who want to live in one unit while renting out the other units.
Viewing Information: Units #1, #2, and #3 are available for showings.
Settlement: To occur at Premium Title.
This is a rare chance to invest in a high-demand area with limitless potential. Don't miss your opportunity—schedule a showing today!
Last Agent to Sell the Property
(703) 217-1200 summerrealtors@gmail.com Summer Realtors Inc License #527588 Listed on: 07/20/2024
Last Buyer's Agent
(202) 243-7700 alan@alancharginhomes.com Keller Williams Capital Properties License #5003971
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,281
Year Built
- Built in 1937 | Remodeled in 1987
Lot Details
- 4,356 Sq Ft Lot
Parking
- On-Street Parking
Home Design
- Quadruplex
- Brick Exterior Construction
Interior Spaces
- 3,248 Sq Ft Home
- Ceiling Fan
- Wood Flooring
- Storm Doors
Kitchen
- Stove
- Range Hood
- Disposal
Basement
- Walk-Out Basement
- Partial Basement
- Rear Basement Entry
Schools
- Ballou Senior High School
Utilities
- Heating System Uses Natural Gas
- Vented Exhaust Fan
- Hot Water Heating System
- Natural Gas Water Heater
- Cable TV Available
Listing and Financial Details
- The owner pays for water
- Tax Lot 32
- Assessor Parcel Number 5997//0032
Community Details
Overview
- 4 Units
- Building Winterized
- Congress Heights Subdivision
Building Details
- 3 Vacant Units
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
Jul 20, 2024
Closed on
Nov 18, 2024
Sold by
Haile Tsehai
Bought by
Seller's Agent
Summer Ambaye
Summer Realtors Inc
Buyer's Agent
Alan Chargin
Keller Williams Capital Properties
List Price
$750,000
Sold Price
$620,000
Premium/Discount to List
-$130,000
-17.33%
Views
22
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,000
Outstanding Balance
$456,326
Interest Rate
6.32%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 24, 2005
Sold by
Mcdadoo Karen
Bought by
Haile Tsehai
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,500
Interest Rate
5.79%
Mortgage Type
Commercial
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Congress Heights, DC
-
Darnell Eaton
-
Chris Jameson
Chris Jameson
Compass
(202) 952-4820
44 Total Sales
1 in Congress Heights
$200,000 Price
-
Tracy Trammell
Tracy Trammell
Metro City Realty
(301) 684-6491
78 Total Sales
2 in Congress Heights
$480K - $940K Price Range
-
Luis Solano
Luis Solano
Responds QuicklyCompass
(240) 883-5815
90 Total Sales
1 in Congress Heights
$530,000 Price
-
Vanessa Hardee
Vanessa Hardee
Long & Foster Real Estate, Inc.
(833) 359-2943
12 Total Sales
1 in Congress Heights
$970,000 Price
-
Candace Dantzler
Candace Dantzler
Compass
(202) 929-6347
62 Total Sales
1 in Congress Heights
$480,000 Price
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 |
|---|---|---|---|
| $620,000 | None Listed On Document | ||
| Haile Tsehai | $425,000 | -- |
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 |
|---|---|---|---|
| Open | $465,000 | ||
| Previous Owner | Haile Tsehai | $297,500 |
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 |
|---|---|---|---|---|
| 11/21/2024 11/21/24 | Sold | $620,000 | -11.4% | $191 / Sq Ft |
| 10/29/2024 10/29/24 | Off Market | $700,000 | -- | -- |
| 09/14/2024 09/14/24 | Price Changed | $700,000 | -4.8% | $216 / Sq Ft |
| 08/16/2024 08/16/24 | Price Changed | $735,000 | -2.0% | $226 / Sq Ft |
| 07/20/2024 07/20/24 | For Sale | $750,000 | -- | $231 / 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 | $5,232 | $660,440 | $160,260 | $500,180 |
| 2024 | $5,419 | $637,580 | $156,170 | $481,410 |
| 2023 | $5,161 | $607,210 | $151,730 | $455,480 |
| 2022 | $4,598 | $540,920 | $144,910 | $396,010 |
| 2021 | $4,102 | $482,640 | $141,260 | $341,380 |
| 2020 | $3,743 | $440,330 | $133,610 | $306,720 |
| 2019 | $3,622 | $426,150 | $130,620 | $295,530 |
| 2018 | $3,407 | $400,850 | $0 | $0 |
| 2017 | $3,312 | $389,600 | $0 | $0 |
| 2016 | $2,670 | $314,090 | $0 | $0 |
| 2015 | $2,463 | $289,720 | $0 | $0 |
| 2014 | $2,224 | $261,590 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Summer Ambaye
Seller's Agent in 2024
Summer Ambaye
Summer Realtors Inc
(703) 217-1200
1 in this area
100 Total Sales
-
Alan Chargin
Buyer's Agent in 2024
Alan Chargin
Keller Williams Capital Properties
(202) 999-2122
1 in this area
285 Total Sales
Map
Source: Bright MLS
MLS Number: DCDC2151368
APN: 5997 0032
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The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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