NOT LISTED FOR SALE

506 Eastern Ave NE Washington, DC 20019

East Corner Neighborhood
Studio
4 Baths
2,600 Sq Ft
2,400 Sq Ft Lot

Last Sold August 21, 2024

Last sale price $620,800 $239 Per Sq Ft

46 Days on Market

About This Home

As of August 2024

Fantastic opportunity to own a four-unit building in Washington, DC. The building was totally renovated by the previous owner in 2004. Recent changes: HVAC and Hot water - March 2021.
All four units are occupied but one unit can be delivered vacant for owner-occupied financing buyer. All the units are one bedroom. Big back yard and can be used for parking or maybe for future additions/extension. Close to Capitol Height Metro Station less than one mile.

Last Agent to Sell the Property

Dereje Girma

(703) 795-6255 djgirma@gmail.com Samson Properties Listed on: 05/25/2024

Samson Properties

Last Buyer's Agent

Isaiah Hazward

(240) 778-5983 Isaiah.Hazward@marcusmillichap.com Coldwell Banker Realty License #SP200200750

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,393

Year Built

  • Built in 1956 | Remodeled in 2004

Lot Details

  • 2,400 Sq Ft Lot
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • 2,600 Sq Ft Home
  • Quadruplex
  • Brick Exterior Construction

Schools

  • Drew Elementary School

Utilities

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

Community Details

  • 4 Units
  • Deanwood Subdivision

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 5257//0803

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,393

Year Built

Built in 1956 | Remodeled in 2004

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1956
  • Year Renovated: 2004
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Other
  • Basement: No
  • Total Sq Ft: 2600
  • Living Area Sq Ft: 2600
  • Price Per Sq Ft: 259.62
  • Above Grade Finished Sq Ft: 2600
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above 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
  • Type Of Parking: On Street

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

Schools

  • Elementary School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: DREW

Lot Info

  • Lot Size Acres: 0.06
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2400.00
  • Property Condition: Good
  • Soil Types: Unknown
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2392.84
  • Assessor Parcel Number: 5257//0803
  • Tax Lot: 18
  • Tax Year: 2011

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/21/2024 08/21/24 Sold $620,800 -8.0% $239 / Sq Ft
05/25/2024 05/25/24 For Sale $675,000 +66.7% $260 / Sq Ft
02/24/2017 02/24/17 Sold $405,000 +1.3% $156 / Sq Ft View Prior Sale
01/20/2017 01/20/17 Price Changed $400,000 +9.6% $154 / Sq Ft
01/11/2017 01/11/17 Pending -- -- --
01/01/2017 01/01/17 For Sale $365,000 +12.3% $141 / Sq Ft
08/29/2013 08/29/13 Sold $325,000 -7.1% $125 / Sq Ft View Prior Sale
05/31/2013 05/31/13 Pending -- -- --
12/14/2012 12/14/12 For Sale $350,000 -- $135 / 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
2025 $3,617 $515,410 $159,310 $356,100
2024 $4,355 $512,330 $155,230 $357,100
2023 $4,177 $491,460 $148,850 $342,610
2022 $3,692 $434,380 $145,630 $288,750
2021 $3,339 $392,880 $143,470 $249,410
2020 $3,155 $371,190 $137,860 $233,330
2019 $2,961 $348,330 $134,210 $214,120
2018 $2,613 $307,380 $0 $0
2017 $2,630 $309,360 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2024

    Dereje Girma

    Samson Properties

    (703) 795-6255

    1 in this area

    72 Total Sales

    Dereje Girma
    Section Image
  • Isaiah Hazward

    Buyer's Agent in 2024

    Isaiah Hazward

    Coldwell Banker (NRT-Southeast-MidAtlantic)

    (240) 778-5983

    1 in this area

    111 Total Sales

    Isaiah Hazward
    Section Image
  • Leon Bailey

    Seller's Agent in 2017

    Leon Bailey

    Bennett Realty Solutions

    (301) 222-3245

    16 Total Sales

    Leon Bailey
    Section Image

  • G

    Seller's Agent in 2013

    Gregory Bennett

    Bennett Realty Solutions

  • Joe Vincent

    Buyer's Agent in 2013

    Joe Vincent

    Keller Williams Realty Centre

    (240) 426-0689

    9 Total Sales

    Joe Vincent
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DCDC2143346

Bright MLS

APN: 5257 0018

District of Columbia District of Columbia County Washington 20019 East Corner

506 Eastern Ave NE, Washington, DC

Not Listed for Sale

MultiFamily

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