NOT LISTED FOR SALE

604 Mellon St SE Washington, DC 20032

Congress Heights Neighborhood
Studio
4 Baths
3,138 Sq Ft
4,800 Sq Ft Lot

Sale Details

Date 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

4,800 Sq Ft Lot

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2016
Closed on
Aug 22, 2016
Sold by
Bought by
Seller's Agent
Lionel Proctor
Fairfax Realty Premier
Buyer's Agent
Abde Mohammed
Fairfax Realty Premier
List Price
$400,000
Sold Price
$370,000
Premium/Discount to List
-$30,000
-7.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,500
Interest Rate
0.0345%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 23, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,660
Interest Rate
0.0578%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 10, 2003
Sold by
Bought by

Purchase Details

Closed on
Jan 22, 1999
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$370,000 None Available
$201,000 --
$171,000 --
$52,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $277,500
Previous Owner $238,660
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

  • L

    Seller's Agent in 2016

    Lionel Proctor

    Fairfax Realty Premier

  • Abde Mohammed

    Buyer's Agent in 2016

    Abde Mohammed

    Fairfax Realty Premier

    (703) 477-6471

    3 Total Sales

    Abde Mohammed
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Map

Source: Bright MLS

MLS Number: 1001357593

Bright MLS

APN: 5983 0044

District of Columbia District of Columbia County Washington 20032 Congress Heights

604 Mellon St SE, Washington, DC

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