NOT LISTED FOR SALE

512 Buchanan St NW Washington, DC 20011

Petworth Neighborhood

Estimated Value: $679,000 - $851,000

0.1 Acre
$7,885,040 Price per Acre
4,162 Sq Ft Lot

Last Sold June 30, 2023

Last sale price $450,000

Est. 75% increase in value since last sale

Current estimated payment $4,957/month

117 Days on Market

About This Lot

As of June 2023

Currently there are 8 garages on the site. There are plans for building a single family detached in hand. In the process of renaming the address for construction permit approval.
The garages can be leased out, but are being sold in AS IS Condition.
Build your Dream Unattached House here, or buy a great income producing property with eyes toward future development.

Last Agent to Sell the Property

Ashk Adamiyatt

(202) 607-0078 ashk.adamiyatt@rlahre.com RLAH @properties Listed on: 02/26/2023

RLAH @properties

Last Buyer's Agent

Samuel Medvene

(703) 314-5833 sammedvenerealtor@gmail.com Century 21 Redwood Realty License #SP98379587

Century 21 Redwood Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,471

Lot Details

  • 4,162 Sq Ft Lot
  • Property is zoned RF-1

Community Details

  • No Home Owners Association
  • Petworth Subdivision

Listing and Financial Details

  • Tax Lot 50
  • Assessor Parcel Number 3221//0050

Property Details

Property Type

Land

Est. Annual Taxes

$1,471

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Parking
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Price Per Sq Ft: 120.13
  • Street Number Modifier: 512

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.10
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4162.00
  • Soil Types: Unknown
  • Year Assessed: 2022
  • Zoning: RF-1
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1471.00
  • Assessor Parcel Number: 3221//0050
  • Tax Lot: 50
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 06/30/2023

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 22, 2021
Sold by
Welch Patrick E and The Welch Revocable Family Tru
Bought by
Buchanan Mews Llc
Current Estimated Value
$788,504

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,018,000
Outstanding Balance
$921,672
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$133,168

Purchase Details

Closed on
Nov 21, 2020
Sold by
Griffith Leslie F and White Hezekiah J
Bought by
White-Griffith Living Trust

Purchase Details

Closed on
Oct 10, 2019
Sold by
Griffith Leslie F and White Hezekiah J
Bought by
Griffith Leslie F and White Hezekiah J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$485,000
Interest Rate
3.5%

Purchase Details

Closed on
May 15, 2006
Sold by
L P Properties Llc
Bought by
Griffith Leslie F and White Hezekiah J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,600
Interest Rate
6.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 17, 2005
Sold by
Douglas Brenda
Bought by
Lp 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
$482,521
Interest Rate
5.72%
Mortgage Type
New Conventional
Source: Public Records

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
Buchanan Mews Llc $275,000 Federal Title & Escrow Co
White-Griffith Living Trust -- None Available
Griffith Leslie F -- None Available
Griffith Leslie F $584,000 --
Lp Properties Llc $335,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Buchanan Mews Llc $1,018,000
Previous Owner Griffith Leslie F $485,000
Previous Owner Griffith Leslie F $455,600
Previous Owner Lp Properties Llc $482,521
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/04/2023 07/04/23 Price Changed $500,000 +11.1% --
06/30/2023 06/30/23 Sold $450,000 -18.2% --
06/14/2023 06/14/23 Price Changed $550,000 -4.3% --
05/17/2023 05/17/23 Price Changed $575,000 -3.4% --
05/11/2023 05/11/23 Price Changed $595,000 -8.2% --
03/28/2023 03/28/23 Price Changed $648,000 -4.0% --
02/26/2023 02/26/23 For Sale $675,000 -- --
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 $84,530 $845,300 $493,800 $351,500
2023 $6,228 $828,680 $485,000 $343,680
2022 $5,707 $750,070 $430,590 $319,480
2021 $5,419 $713,890 $419,620 $294,270
2020 $4,974 $692,910 $389,640 $303,270
2019 $4,528 $651,780 $356,950 $294,830
2018 $4,128 $613,540 $0 $0
2017 $3,760 $548,940 $0 $0
2016 $3,424 $511,510 $0 $0
2015 $3,115 $488,670 $0 $0
2014 $2,842 $404,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ashk Adamiyatt

    Seller's Agent in 2023

    Ashk Adamiyatt

    Real Living at Home

    (202) 607-0078

    4 in this area

    71 Total Sales

    Ashk Adamiyatt
    Section Image
  • Samuel Medvene

    Buyer's Agent in 2023

    Samuel Medvene

    Century 21 Redwood Realty

    (703) 314-5833

    12 in this area

    214 Total Sales

    Samuel Medvene
    Section Image
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Map

Source: Bright MLS

MLS Number: DCDC2085418

Bright MLS

APN: 3221-0089

District of Columbia District of Columbia County Washington 20011 Petworth

512 Buchanan St NW, Washington, DC

This home is located at 512 Buchanan St NW, Washington, DC 20011 since 26 February 2023 and is currently estimated at $788,504. 512 Buchanan St NW is a home located in District of Columbia with nearby schools including Barnard Elementary School, MacFarland Middle School, and Roosevelt High School @ MacFarland.

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