NOT LISTED FOR SALE

501 M St NE Washington, DC 20002

Atlas District Neighborhood

Estimated Value: $864,000

3 Beds
2 Baths
2,248 Sq Ft
$384/Sq Ft Est. Value

Last Sold April 22, 2024

Last sale price $851,000 $379 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,912/month

2 Days on Market

Highlights

  • Second Kitchen
  • Main Floor Bedroom
  • No HOA
  • Stuart-Hobson Middle School Rated A-
  • Corner Lot
  • 5-minute walk to Swampoodle Park

About This Home

As of April 2024

***SELLER REQUESTS ALL OFFERS BY MONDAY, MARCH 18TH AT 6 PM, EST. ***

Become an instant Investor! This unique property located at 501 M Street NE is a Homebuyer and Investors dream, it's like a 2 For... This property is zoned 024 - Residential-Conversion (Less Than 5 Units). The property address is 501 M Street NE having one property tax bill for two units, both units are metered separately.

(Corner property numbered 501 and 1167).

The first lower-level flat unit is in good move-in ready condition and features 1 bedroom, 1 Full Bath, Kitchen, Living Room/Dining Room combination, desk area, washer and dryer. The second upper-level unit is remodeled and in very good move-in ready condition. The second unit features 2 bedrooms, 1 Full Bath, Full Kitchen, Dishwasher, Chair rail molding, Washer and Dryer. Each unit has its own private entrance. The yard is fenced and has space to park one vehicle and possible a motored vehicle. You will be delighted that there is nearby side and street parking. Wait! I almost forgot to mention the property has a beautiful brick cellar for your special treats, dark room and/or storage items. This hidden gem is just minutes from major thoroughfare New York Avenue, the H Street Corridor, NOMA Metro, Union Station and Union Market.

Last Agent to Sell the Property

LASHAWN CAVE

Real Broker, LLC License #628576 Listed on: 03/16/2024

Real Broker, LLC

Co-Listed By

Jennifer Smira

Compass License #0225195388

Last Buyer's Agent

Kaushik Rath

Compass

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,399

Year Built

  • Built in 1890

Lot Details

  • 2,000 Sq Ft Lot
  • Front and Side Yard
  • Property is in very good condition

Home Design

  • Side-by-Side
  • Converted Dwelling
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • Property has 2 Levels
  • Chair Railings
  • Skylights
  • Double Door Entry
  • Combination Dining and Living Room
  • Storage Room
  • Crawl Space

Kitchen

  • Second Kitchen
  • Stove
  • Dishwasher
  • Wine Rack
  • Disposal

Bedrooms and Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • 1 Driveway Space
  • On-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Old City #1 Subdivision

Listing and Financial Details

  • Tax Lot 32
  • Assessor Parcel Number 0829//0032

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,399

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Converted Dwelling, Side-By-Side
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2024-03-16
  • Year Built: 1890
  • Automatically Close On Close Date: No
  • Remarks Public: ***SELLER REQUESTS ALL OFFERS BY MONDAY, MARCH 18TH AT 6 PM, EST. *** Become an instant Investor! This unique property located at 501 M Street NE is a Homebuyer and Investors dream, it's like a 2 For... This property is zoned 024 - Residential-Conversion (Less Than 5 Units). The property address is 501 M Street NE having one property tax bill for two units, both units are metered separately. (Corner property numbered 501 and 1167). The first lower-level flat unit is in good move-in ready condition and features 1 bedroom, 1 Full Bath, Kitchen, Living Room/Dining Room combination, desk area, washer and dryer. The second upper-level unit is remodeled and in very good move-in ready condition. The second unit features 2 bedrooms, 1 Full Bath, Full Kitchen, Dishwasher, Chair rail molding, Washer and Dryer. Each unit has its own private entrance. The yard is fenced and has space to park one vehicle and possible a motored vehicle. You will be delighted that there is nearby side and street parking. Wait! I almost forgot to mention the property has a beautiful brick cellar for your special treats, dark room and/or storage items. This hidden gem is just minutes from major thoroughfare New York Avenue, the H Street Corridor, NOMA Metro, Union Station and Union Market.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Stove, Refrigerator, Disposal, Dishwasher, Dryer, Washer
  • Interior Amenities: 2nd Kitchen, Chair Railings, Combination Dining/Living, Entry Level Bedroom, Flat, Skylight(s), Wine Storage
  • Fireplace: No
  • Door Features: Double Entry
  • Foundation Details: Crawl Space, Brick/Mortar
  • Levels Count: 2
  • Room List: Storage Room
  • Basement: No
  • Laundry Type: Upper Floor, Main Floor, Washer In Unit, Dryer In Unit
  • Total Sq Ft: 3268
  • Living Area Sq Ft: 2248
  • Price Per Sq Ft: 362.54
  • Above Grade Finished Sq Ft: 2248
  • Below Grade Sq Ft: 1020
  • Total Below Grade Sq Ft: 1020
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 501

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: On Street, Driveway, Off Street
  • Number of Spaces in Driveway: 1
  • Off Street Parking Spaces: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • 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
  • Senior Community: No

Schools

  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • School District Key: 121140357950
  • School District Source: Listing Agent

Lot Info

  • Lot Features: Corner, Sideyard(s), Front Yard
  • Lot Size Acres: 0.05
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2000.00
  • Property Condition: Very Good, Good
  • Soil Types: Unknown
  • Year Assessed: 2022
  • Zoning: 024
  • Zoning Description: 024 - Residential-Conversion (Less Than 5 Units)
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2399.00
  • Assessor Parcel Number: 0829//0032
  • Tax Lot: 32
  • Tax Total Finished Sq Ft: 2248
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 04/22/2024

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2024
Closed on
Apr 22, 2024
Sold by
Oubre John L
Bought by
Carr Joshua
Seller's Agent
LASHAWN CAVE
Real Broker, LLC
Buyer's Agent
Kaushik Rath
Compass
List Price
$815,000
Sold Price
$851,000
Premium/Discount to List
$36,000
4.42%
Views
153
Current Estimated Value
$864,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,000
Avg. Annual Appreciation
2.88%
Original Mortgage
$879,083
Interest Rate
4%
Mortgage Type
VA

Purchase Details

Closed on
Nov 30, 1994
Sold by
Keating Michael J
Bought by
Oubre John L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,780
Interest Rate
8.81%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Carr Joshua $851,000 First American Title Insurance
Oubre John L $126,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carr Joshua $1,548,975
Closed Carr Joshua $879,083
Previous Owner Oubre John L $80,000
Previous Owner Oubre John L $129,780
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2024 04/22/24 Sold $851,000 +4.4% $379 / Sq Ft
03/19/2024 03/19/24 Pending -- -- --
03/16/2024 03/16/24 For Sale $815,000 -- $363 / Sq Ft
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
2024 $2,460 $928,920 $564,340 $364,580
2023 $2,424 $896,410 $556,240 $340,170
2022 $2,399 $844,770 $508,960 $335,810
2021 $2,294 $805,440 $503,920 $301,520
2020 $2,187 $767,330 $473,060 $294,270
2019 $2,087 $722,190 $446,360 $275,830
2018 $1,993 $677,040 $0 $0
2017 $1,816 $640,740 $0 $0
2016 $1,653 $568,130 $0 $0
2015 $3,009 $477,470 $0 $0
2014 $2,744 $419,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • LASHAWN CAVE

    Seller's Agent in 2024

    LASHAWN CAVE

    Real Broker, LLC

    (202) 351-8554

    1 in this area

    19 Total Sales

    Section Image
  • Jennifer Smira

    Seller Co-Listing Agent in 2024

    Jennifer Smira

    Compass

    (202) 340-7675

    46 in this area

    835 Total Sales

    Section Image
  • Kaushik Rath

    Buyer's Agent in 2024

    Kaushik Rath

    Compass

    (917) 678-1307

    3 in this area

    97 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: DCDC2131430

Bright MLS

APN: 0829-0032

District of Columbia District of Columbia County Washington 20002 Atlas District

501 M St NE, Washington, DC

This home is located at 501 M St NE, Washington, DC 20002 since 16 March 2024 and is currently estimated at $864,000, approximately $384 per square foot. This property was built in 1890. 501 M St NE is a home located in District of Columbia with nearby schools including J.O. Wilson Elementary School, Stuart-Hobson Middle School, and Eastern High School.

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