NOT LISTED FOR SALE
Studio
4 Baths
3,138 Sq Ft
4,800 Sq Ft Lot

Last Sold August 22, 2016

Last sale price $370,000 $118 Per Sq Ft

41 Days on Market

Highlights

  • No HOA
  • Central Air
  • Heat Pump System

About This Home

As of August 2016

Great "Cash Cow" Investment property in up and coming Congress Heights on widest residential street in SE. Block has a great mix of houses and apartments. Condos in building two addresses up the street sold for about $185,000 each. One vacant unit and owner to move from another. Gross monthly income is $2,980 if all units are rented.

Last Agent to Sell the Property

Lionel Proctor

alpha2lion@gmail.com Fairfax Realty Premier Listed on: 01/08/2016

Last Buyer's Agent

Abde Mohammed

(301) 439-9500 metrocondoking@gmail.com Fairfax Realty Premier

Fairfax Realty Premier

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,313

Year Built

  • Built in 1936 | Remodeled in 2004

Lot Details

  • 4,800 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 44
  • Assessor Parcel Number 5983//0044

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Congress Heights Subdivision

Building Details

  • Operating Expense $2,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,313

Year Built

Built in 1936 | Remodeled in 2004

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Year Built: 1936
  • Year Renovated: 2004
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: No
  • Price Per Sq Ft: 130.62

Exterior Features

  • Construction Materials: Combination, 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
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • 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: 139130.00
  • Land Assessed Value: 117790.00
  • Lot Size Acres: 0.11
  • Lot Size Area: 4800
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4800.00
  • Soil Types: Urban Land-Sassafras-Chillum
  • Zoning: R-3
  • In City Limits: Yes

Rental Info

  • Lease Term: Negotiable
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16132655
  • Tax Annual Amount: 1313.00
  • Assessor Parcel Number: 5983//0044
  • Tax Lot: 44
  • Tax Year: 2015

Multi Family

  • Gross Income: 26820.00
  • Operating Expense: 2400.00

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
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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
08/22/2016 08/22/16 Sold $370,000 -7.5% $118 / Sq Ft
02/18/2016 02/18/16 Pending -- -- --
01/08/2016 01/08/16 For Sale $400,000 -- $127 / Sq Ft
Source: Bright MLS

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 $5,166 $607,740 $163,060 $444,680
2024 $4,985 $586,470 $158,880 $427,590
2023 $4,756 $559,510 $154,370 $405,140
2022 $4,219 $496,370 $147,220 $349,150
2021 $3,365 $443,020 $143,520 $299,500
2020 $2,695 $412,570 $135,500 $277,070
2019 $3,526 $400,310 $132,530 $267,780
2018 $2,245 $378,220 $0 $0
2017 $2,048 $313,420 $0 $0
2016 $1,442 $256,920 $0 $0
2015 $1,313 $230,960 $0 $0
2014 $1,204 $211,840 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001357593

Bright MLS

APN: 5983 0044