NOT LISTED FOR SALE

508 A St NE Washington, DC 20002

Capitol Hill Neighborhood

Estimated Value: $1,754,659 - $1,819,000

-- Bed
5 Baths
2,653 Sq Ft
$674/Sq Ft Est. Value

Last Sold May 15, 2014

Last sale price $1,410,000 $531 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $11,188/month

42 Days on Market

Highlights

  • Wood Flooring
  • 4 Fireplaces
  • Upgraded Countertops
  • Watkins Elementary School Rated A-
  • No HOA
  • 4-minute walk to Stanton Park

About This Home

As of May 2014

Outstanding opportunity for the first time or experienced investor/landlord. This 4-unit row house is a solid, well maintained & managed building with C of O. All apartments separately metered, rented at market rates with CAC, FP,W/D, exposed brick, high ceilings + more!! Located near US Capitol, METRO, dining & shopping, building offers terrific tenants & on-site super. Shown by appt only.

Last Listed By

Elyse Wander

Compass License #SP98361926 Listed on: 02/10/2014

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,946

Year Built

  • Built in 1900

Lot Details

  • 1,337 Sq Ft Lot
  • Property is in very good condition

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 4 Fireplaces
  • Screen For Fireplace
  • Fireplace Mantel
  • Window Treatments
  • Wood Flooring

Kitchen

  • Stove
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Laundry

  • Dryer
  • Washer

Parking

  • On-Street Parking
  • Rented or Permit Required

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 21
  • Assessor Parcel Number 0839//0021

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Capitol Hill Subdivision

Building Details

  • Operating Expense $24,325

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,946

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Interior Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Remarks Public: Outstanding opportunity for the first time or experienced investor/landlord. This 4-unit row house is a solid, well maintained & managed building with C of O. All apartments separately metered, rented at market rates with CAC, FP,W/D, exposed brick, high ceilings + more!! Located near US Capitol, METRO, dining & shopping, building offers terrific tenants & on-site super. Shown by appt only.
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Refrigerator, Stove, Washer
  • Interior Amenities: Upgraded Countertops, Window Treatments, Wood Floors
  • Fireplace Features: Mantel(s), Screen
  • Fireplaces Count: 4
  • Fireplace: Yes
  • Basement: No
  • Price Per Sq Ft: 546.55
  • Street Number Modifier: 508

Exterior Features

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

Garage/Parking

  • Garage: No
  • Parking Features: Rented/Permit Required
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 603440.00
  • Land Assessed Value: 331400.00
  • Lot Size Acres: 0.03
  • Lot Size Area: 1337
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1337.00
  • Property Condition: Very Good
  • Soil Types: Urban Land-Sassafras-Chillum
  • Year Assessed: 2013
  • Zoning: CAP/R-4
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 15988294
  • Tax Annual Amount: 7946.14
  • Assessor Parcel Number: 0839//0021
  • Tax Lot: 21
  • Tax Total Finished Sq Ft: 2653
  • Tax Year: 2013
  • Close Date: 05/15/2014

Multi Family

  • Gross Income: 103555.00
  • Operating Expense: 24325.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2014
Closed on
May 6, 2014
Sold by
Nfy Properties Llc
Bought by
Lee Shihyan
Seller's Agent
Elyse Wander
Compass
Buyer's Agent
Tony Yeh
United Realty, Inc.
List Price
$1,450,000
Sold Price
$1,410,000
Premium/Discount to List
-$40,000
-2.76%
Total Days on Market
42
Current Estimated Value
$1,786,830

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$376,830
Avg. Annual Appreciation
2.17%

Purchase Details

Closed on
Jul 29, 2011
Sold by
Hood Joan R
Bought by
Nfy Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$665,000
Interest Rate
4.51%
Mortgage Type
Commercial

Range of Values:

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Average Value
Not Available
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
Lee Shihyan $1,410,000 --
Nfy Properties Llc $950,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nfy Properties Llc $665,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2014 05/15/14 Sold $1,410,000 -2.8% $531 / Sq Ft
03/24/2014 03/24/14 Pending -- -- --
02/10/2014 02/10/14 For Sale $1,450,000 -- $547 / 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 $14,244 $1,675,810 $666,560 $1,009,250
2023 $13,919 $1,637,560 $638,040 $999,520
2022 $13,462 $1,583,720 $605,890 $977,830
2021 $12,974 $1,526,310 $599,890 $926,420
2020 $12,605 $1,482,890 $575,990 $906,900
2019 $12,018 $1,413,870 $562,740 $851,130
2018 $11,277 $1,326,750 $0 $0
2017 $10,644 $1,252,230 $0 $0
2016 $10,601 $1,247,190 $0 $0
2015 $9,138 $1,075,020 $0 $0
2014 $8,713 $1,025,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Elyse Wander

    Seller's Agent in 2014

    Elyse Wander

    Compass

    (202) 262-7954

    2 in this area

    5 Total Sales

    Elyse Wander
    Section Image
  • Robert Jennings

    Seller Co-Listing Agent in 2014

    Robert Jennings

    Compass

    (703) 998-0224

    2 in this area

    118 Total Sales

    Robert Jennings
    Section Image
  • Tony Yeh

    Buyer's Agent in 2014

    Tony Yeh

    United Realty, Inc.

    (202) 257-0830

    1 in this area

    152 Total Sales

    Tony Yeh
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1002828452

Bright MLS

APN: 0839-0021

District of Columbia District of Columbia County Washington 20002 Capitol Hill

508 A St NE, Washington, DC

Homes for Sale in Washington, DC

This home is located at 508 A St NE, Washington, DC 20002 since 10 February 2014 and is currently estimated at $1,786,830, approximately $673 per square foot. This property was built in 1900. 508 A St NE is a home located in District of Columbia with nearby schools including Watkins Elementary School, Stuart-Hobson Middle School, and Eastern High School.

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