$800,000
SOLD MAR 1, 2025

511 16th St SE Washington, DC 20003

Hill East Neighborhood
Studio
-- Bath
2,032 Sq Ft
2,184 Sq Ft Lot

Recently Sold

$394 Per Sq Ft

33% Below List Price

123 Days on Market

Highlights

  • Traditional Architecture
  • 4-minute walk to Potomac Avenue
  • Multi-Tank Hot Water Heater
  • Watkins Elementary School Rated A-
  • Central Air
  • 4-minute walk to Payne Playground

About This Home

As of March 2025

Four units located just off of Potomac ave. Steps from the Potomac Ave metro station. Featuring one vacant unit, perfect for an owner occupant. RF-1 zoning.

Last Agent to Sell the Property

Christian Alves

(202) 330-9844 ca@waterstonecommercial.com Water Stone, LLC Listed on: 09/16/2024

Last Buyer's Agent

Michael Makris

(703) 402-0629 mmakris@mcenearney.com Corcoran McEnearney License #SP98369308

Corcoran McEnearney

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,115

Year Built

  • Built in 1908

Lot Details

  • 2,184 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • 2,032 Sq Ft Home
  • Quadruplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Brick Foundation

Utilities

  • Central Air
  • Heat Pump System
  • Multi-Tank Hot Water Heater

Listing and Financial Details

  • The owner pays for water, real estate taxes, supplies, repairs
  • Tax Lot 25
  • Assessor Parcel Number 1076//0025

Community Details

Overview

  • 4 Units

Building Details

  • 1 Vacant Unit
  • Rent Control
  • Income includes apartment rentals
  • Gross Income $4,125

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,115

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2024-09-16
  • Year Built: 1908
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Brick/Mortar
  • Total Sq Ft: 2032
  • Living Area Sq Ft: 2032
  • Price Per Sq Ft: 418.31
  • Above Grade Finished Sq Ft: 2032
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below 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: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Multi-Tank
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.05
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2184.00
  • Soil Types: Unknown
  • Zoning: RF1
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Month To Month
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 3
  • Owner Pays: Water, Taxes - Real Estate, Supplies, Repairs
  • Rent Control: Yes
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 8115.00
  • Assessor Parcel Number: 1076//0025
  • Tax Lot: 25
  • Tax Data Updated: No
  • Tax Year: 2024

Multi Family

  • Number Of Units Vacant: 1
  • Gross Scheduled Income: 4125.00
  • Income Includes: Apartment Rentals

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
03/01/2025 03/01/25 Sold $800,000 -5.9% $394 / Sq Ft
01/10/2025 01/10/25 Price Changed $850,000 -10.5% $418 / Sq Ft
12/13/2024 12/13/24 Price Changed $950,000 -13.6% $468 / Sq Ft
10/10/2024 10/10/24 Price Changed $1,100,000 -8.3% $541 / Sq Ft
09/16/2024 09/16/24 For Sale $1,200,000 -- $591 / 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 $8,531 $1,003,640 $553,880 $449,760
2024 $8,115 $954,700 $551,110 $403,590
2023 $7,981 $938,990 $539,400 $399,590
2022 $7,289 $857,580 $506,580 $351,000
2021 $6,929 $815,130 $496,450 $318,680
2020 $6,469 $761,020 $470,080 $290,940
2019 $6,094 $716,940 $444,730 $272,210
2018 $5,853 $688,600 $0 $0
2017 $5,660 $665,860 $0 $0
2016 $5,352 $629,680 $0 $0
2015 $4,989 $586,900 $0 $0
2014 $4,488 $527,990 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2025

    Christian Alves

    Water Stone, LLC

    (202) 330-9844

    1 in this area

    2 Total Sales

    Christian Alves
    Section Image
  • Michael Makris

    Buyer's Agent in 2025

    Michael Makris

    McEnearney Associates

    (703) 402-0629

    1 in this area

    114 Total Sales

    Michael Makris
    Section Image
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Map

Source: Bright MLS

MLS Number: DCDC2158410

Bright MLS

APN: 1076 0025

District of Columbia District of Columbia County Washington 20003 Hill East

511 16th St SE, Washington, DC

Sold

MultiFamily

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