NOT LISTED FOR SALE

4837 3rd St NW Washington, DC 20011

Petworth Neighborhood

Estimated Value: $988,000

Studio
5 Baths
2,926 Sq Ft
$338/Sq Ft Est. Value

Sale Details

Date Sold: January 15, 2014

Last sale price $399,000 $136 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $6,195 / mo

152 Days on Market

Highlights

  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Hot Water Heating System
  • Barnard Elementary School Rated 9+

About This Home

As of January 2014

Great location, and great opportunity for immediate cash flow of this multi-family apartment. Four of the units are two bedrooms. 9.5% CAP RATE. One vacancy, and the other units are market rent long term tenants. Rent Roll and expense report can be provided. Parking in the rear, and quiet block. Great investment opportunity.

Last Agent to Sell the Property

Lorenzo Wooten

(202) 536-3700 brian.hosey@marcusmillichap.com Marcus & Millichap Real Estate Listed on: 06/26/2013

Last Buyer's Agent

James Crowe

(703) 229-8935 jim.crowe@compass.com Compass License #0225074787

Compass

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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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,085

Year Built

  • Built in 1936

Lot Details

  • 2,825 Sq Ft Lot

Parking

  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Vinyl Clad Windows

Finished Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Front Basement Entry

Utilities

  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Natural Gas Water Heater
  • Public Septic

Community Details

  • Property has a Home Owners Association
  • 4 Units
  • Petworth Subdivision

Listing and Financial Details

  • The owner pays for accounting/legal, advertising/licenses and permits, insurance, repairs, supplies, real estate taxes
  • Tax Lot 30
  • Assessor Parcel Number 3323//0030

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,085

Year Built

Built in 1936

Lot Details

2,825 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Year Built: 1936
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Window Features: Vinyl Clad
  • Fireplace: No
  • Wall Ceiling Types: 9'+ Ceilings
  • Basement: Yes
  • Basement Type: Connecting Stairway, Front Entrance, Full, Fully Finished, Outside Entrance
  • Price Per Sq Ft: 142.70

Exterior Features

  • Construction Materials: Brick
  • Construction Completed: No
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Ceiling Fan(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Septic, Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 191410.00
  • Land Assessed Value: 171530.00
  • Lot Size Acres: 0.06
  • Lot Size Area: 2825
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2825.00
  • Possible Use: Commercial
  • Soil Types: Unknown
  • Zoning: R5A
  • In City Limits: Yes

Rental Info

  • Lease Term: Negotiable
  • Owner Pays: Accounting/Legal, Advertising/Licenses And Permits, Insurance, Repairs, Supplies, Taxes - Real Estate
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16059941
  • Tax Annual Amount: 3084.99
  • Assessor Parcel Number: 3323//0030
  • Tax Lot: 30
  • Tax Year: 2012

Multi Family

  • Gross Income: 49875.00
  • Metering: Fully Separate
  • Vacancy Allowance Rate: 5.00

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
Jun 26, 2013
Closed on
Jan 15, 2014
Sold by
Bought by
Seller's Agent
Lorenzo Wooten
Marcus & Millichap Real Estate
Buyer's Agent
James Crowe
Compass
List Price
$525,000
Sold Price
$399,000
Premium/Discount to List
-$126,000
-24%
Current Estimated Value
$988,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$589,000
Avg. Annual Appreciation
7.49%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Petworth, DC

  • Beverly Goodwin Real Estate Agent - Brysis Realty International

    Beverly Goodwin

    Brysis Realty International

    (301) 960-3475

    33 Total Sales

    1 in Petworth

    $512,000 Price

    Beverly Goodwin
     Section Image
  • Melanie Clark Real Estate Agent - Compass

    Melanie Clark

    Compass

    (240) 558-6543

    60 Total Sales

    1 in Petworth

    $670,000 Price

    Melanie Clark
     Section Image
  • Daniel Llerena Real Estate Agent - RLAH @properties

    Daniel Llerena

    RLAH @properties

    (202) 883-6293

    165 Total Sales

    1 in Petworth

    $745,000 Price

    Daniel Llerena
     Section Image
  • Stacey Irby Real Estate Agent - RLAH @properties

    Stacey Irby

    RLAH @properties

    (571) 536-2392

    30 Total Sales

    1 in Petworth

    $585,000 Price

    Stacey Irby
     Section Image
  • Joseph DeSimone Real Estate Agent - Cummings & Co. Realtors

    Joseph DeSimone

    Responds Quickly

    Cummings & Co. Realtors

    (667) 217-1286

    112 Total Sales

    1 in Petworth

    $565,000 Price

    Joseph DeSimone
     Section Image
  • Meredith Margolis Real Estate Agent - Compass

    Meredith Margolis

    Compass

    (202) 902-9716

    264 Total Sales

    3 in Petworth

    $464K - $1.1M Price Range

    Meredith Margolis
     Section Image
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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
$399,000 --
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
01/15/2014 01/15/14 Sold $399,000 -24.0% $136 / Sq Ft
11/25/2013 11/25/13 Pending -- -- --
06/26/2013 06/26/13 For Sale $525,000 -- $179 / 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 $9,238 $1,086,880 $476,460 $610,420
2024 $8,063 $948,530 $476,460 $472,070
2023 $7,874 $926,330 $466,550 $459,780
2022 $7,115 $837,100 $422,030 $415,070
2021 $6,415 $754,720 $409,230 $345,490
2020 $5,947 $699,650 $380,780 $318,870
2019 $5,519 $649,310 $353,860 $295,450
2018 $4,992 $587,320 $0 $0
2017 $4,324 $508,740 $0 $0
2016 $4,027 $473,740 $0 $0
2015 $3,646 $428,970 $0 $0
2014 $3,068 $360,960 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lorenzo Wooten Real Estate Agent - Marcus & Millichap Real Estate

    Seller's Agent in 2014

    Lorenzo Wooten

    Marcus & Millichap Real Estate

    (202) 536-3742

    3 Total Sales

    Lorenzo Wooten
    Section Image
  • James Crowe Real Estate Agent - Compass

    Buyer's Agent in 2014

    James Crowe

    Compass

    (703) 856-8244

    62 Total Sales

    James Crowe
    Section Image
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Map

Source: Bright MLS

MLS Number: 1003583392

Bright MLS

APN: 3323-0030

District of Columbia District of Columbia County Washington 20011 Petworth

4837 3rd St NW, Washington, DC

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