NOT LISTED FOR SALE

523 2nd St NE Washington, DC 20002

Capitol Hill Neighborhood
-- Bed
2 Baths
2,476 Sq Ft
1,657 Sq Ft Lot

Last Sold December 27, 2022

Last sale price $860,000 $347 Per Sq Ft

28 Days on Market

Highlights

  • Federal Architecture
  • 5-minute walk to Union Station
  • 4-minute walk to Columbus Circle
  • Ludlow-Taylor Elementary School Rated A-
  • Hot Water Heating System

About This Home

As of December 2022

Here's a rare duplex investment property (523 & 523 1/2) that includes renovation materials and appliances that are currently inside of the property (new/unused - Inclusions/Exclusions form will be updated via addendum). The Seller decided to list the property as-is due to General Contractor delays. The cost for renovation has been professionally priced at approximately $200,000, and the property ARV is $1,400,000 according to recent comps in the immediate area. The property is literally within walking distance (7 min.) of Union Station, H Street Corridor and so many other valuable amenities (search Google Maps for additional details). The average days on market are less than 25 days for the area. So, investors, close the year with a rarely available duplex in the heart of Washington, DC that offers immediate return.

Last Agent to Sell the Property

Jay Hobbs

Samson Properties License #SP200200395 Listed on: 10/22/2022

Samson Properties

Last Buyer's Agent

Kenneth Germer

Compass License #4790985

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,851

Year Built

  • Built in 1890

Lot Details

  • 1,657 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Federal Architecture
  • Brick Exterior Construction
  • Brick Foundation
  • Concrete Perimeter Foundation

Utilities

  • Hot Water Heating System
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 104
  • Assessor Parcel Number 0754//0104

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,851

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Federal
  • Ownership: Fee Simple
  • Inclusions: All new (unboxed) renovation materials and appliances contained within the property.
  • New Construction: No
  • Year Built: 1890
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Foundation Details: Brick/Mortar, Concrete Perimeter
  • Total Sq Ft: 2872
  • Living Area Sq Ft: 2476
  • Price Per Sq Ft: 353.39
  • Above Grade Finished Sq Ft: 2476
  • Below Grade Sq Ft: 396
  • Total Below Grade Sq Ft: 396
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 523

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: No
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

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

Lot Info

  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1657.00
  • Soil Types: Urban Land-Sassafras-Chillum
  • Year Assessed: 2022
  • Zoning: MU-24
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3851.00
  • Assessor Parcel Number: 0754//0104
  • Tax Lot: 104
  • Tax Total Finished Sq Ft: 2476
  • Tax Data Updated: No
  • Tax Year: 2022
  • Close Date: 12/27/2022

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Range of Values:

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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 Change Sq Ft Price
12/27/2022 12/27/22 Sold $860,000 -1.7% $347 / Sq Ft
11/19/2022 11/19/22 Pending -- -- --
10/22/2022 10/22/22 For Sale $875,000 -- $353 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jay Hobbs

    Seller's Agent in 2022

    Jay Hobbs

    Samson Properties

    (202) 827-9756

    1 in this area

    46 Total Sales

    Section Image
  • Kenneth Germer

    Buyer's Agent in 2022

    Kenneth Germer

    Compass

    (202) 412-9347

    9 in this area

    97 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: DCDC2072412

Bright MLS

APN: 0754 0104

District of Columbia District of Columbia County Washington 20002 Capitol Hill

523 2nd St NE, Washington, DC

This home is located at 523 2nd St NE, Washington, DC 20002 since 22 October 2022. This property was built in 1890. 523 2nd St NE is a home located in District of Columbia with nearby schools including Ludlow-Taylor Elementary School, Stuart-Hobson Middle School, and Eastern High School.

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