NOT LISTED FOR SALE

621 Florida Ave NW Washington, DC 20001

LeDroit Park Neighborhood

Estimated Value: $1,261,920

4 Beds
2 Baths
-- Sq Ft
2,143 Sq Ft Lot

Last Sold May 05, 2022

Last sale price $1,375,000

Est. 8% decrease in value since last sale

Current estimated payment $8,535/month

Highlights

  • 3 Fireplaces
  • 1 Car Detached Garage
  • Heating Available
  • No HOA

About This Home

As of May 2022

REAL ESTATE AUCTION featuring ON SITE and SIMULCAST ONLINE BIDDING!! Online Bidding Opens - Wednesday, March 23, 2022 Live On Site Auction - Friday, March 25, 2022 at 12:00 noon. List price is opening bid only. 621 Florida Avenue NW is located in the Ledroit Park neighborhood in Northwest Washington, D.C. To the immediate south is the Shaw neighborhood. Howard University and Howard University Hospital are immediately north. Ledroit Park is an historic community, named on the National Register in 1974, with impressive architecture and an exceedingly convenient location. The area has a robust, storied history dating back approximately 150 years, and has seen an impressive amount of development over the most recent decade. The property itself spent approximately 80 years as the home of Hall Brother's Funeral Home. The auction affords an opportunity to purchase a large structure with permissive zoning in a rapidly developing area. Options for redevelopment abound, and include apartments, commercial use and a variety of mixed-use options. The property is also within a Federally designated Opportunity Zone, providing tax incentives for investors and developers.

Last Agent to Sell the Property

Charles Billig

A.J. Billig & Company Listed on: 02/28/2022

Co-Listed By

Luis Arrazola

A.J. Billig & Company License #676566

Last Buyer's Agent

Ethan Arnheim

Central Properties, LLC License #sp98379626

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1900

Lot Details

  • 2,143

Parking

  • 1 Car Detached Garage
  • Rear-Facing Garage

Home Design

  • Semi-Detached or Twin Home
  • Fixer Upper
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • 3 Fireplaces
  • Partial Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • 2,143 Sq Ft Lot
  • Heating Available

Community Details

  • No Home Owners Association
  • Ledroit Park Subdivision

Listing and Financial Details

  • Tax Lot 814
  • Assessor Parcel Number 3092//0814

Townhouse Details

Home Type

Townhome

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: REAL ESTATE AUCTION featuring ON SITE and SIMULCAST ONLINE BIDDING!! Online Bidding Opens - Wednesday, March 23, 2022 Live On Site Auction - Friday, March 25, 2022 at 12:00 noon. List price is opening bid only. 621 Florida Avenue NW is located in the Ledroit Park neighborhood in Northwest Washington, D.C. To the immediate south is the Shaw neighborhood. Howard University and Howard University Hospital are immediately north. Ledroit Park is an historic community, named on the National Register in 1974, with impressive architecture and an exceedingly convenient location. The area has a robust, storied history dating back approximately 150 years, and has seen an impressive amount of development over the most recent decade. The property itself spent approximately 80 years as the home of Hall Brother's Funeral Home. The auction affords an opportunity to purchase a large structure with permissive zoning in a rapidly developing area. Options for redevelopment abound, and include apartments, commercial use and a variety of mixed-use options. The property is also within a Federally designated Opportunity Zone, providing tax incentives for investors and developers.
  • Special Features: Auction
  • Property Sub Type: Townhouses

Interior Features

  • Fireplaces Count: 3
  • Fireplace: Yes
  • Foundation Details: Other
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Partial
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 621

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 1.00
  • Upper Level 2 Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Upper Level 2 Full Bathrooms: 1

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 Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Rear Entry
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Detached Garage

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 1025780.00
  • Land Assessed Value: 503560.00
  • Lot Size Acres: 0.05
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2143.00
  • Property Condition: Major Rehab Needed
  • Soil Types: Unknown
  • Year Assessed: 2021
  • Zoning: MU-4
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16052103
  • Tax Annual Amount: 27188.00
  • Assessor Parcel Number: 3092//0814
  • Tax Lot: 814
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 05/05/2022

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2022
Closed on
May 5, 2022
Sold by
621 Florida Ave Nw Llc
Bought by
Fl Ave Oz Llc
Seller's Agent
Charles Billig
A.J. Billig & Company
Buyer's Agent
Ethan Arnheim
Central Properties, LLC
List Price
$800,000
Sold Price
$1,375,000
Premium/Discount to List
$575,000
71.88%
Current Estimated Value
$1,261,920

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$113,080
Avg. Annual Appreciation
-2.78%
Original Mortgage
$1,088,000
Outstanding Balance
$1,039,765
Interest Rate
5.11%
Mortgage Type
New Conventional
Estimated Equity
$210,768

Purchase Details

Closed on
Sep 4, 2019
Sold by
Ables Richard E
Bought by
621 Florida Ave Nw Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 24, 2014
Sold by
Ables Richard E and Oshtry Daniel I
Bought by
Ables Richard E

Purchase Details

Closed on
May 9, 2005
Sold by
Hall Ruth C
Bought by
Hall Ruth C and Ables,Richard E
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Fl Ave Oz Llc $1,375,000 New Title Company Name
621 Florida Ave Nw Llc $1,975,000 None Available
Ables Richard E -- --
Hall Ruth C $110,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fl Ave Oz Llc $1,088,000
Previous Owner 621 Florida Ave Nw Llc $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2022 05/05/22 Sold $1,375,000 +71.9% --
03/25/2022 03/25/22 Pending -- -- --
02/28/2022 02/28/22 For Sale $800,000 -- --
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 $21,726 $1,316,730 $513,630 $803,100
2023 $23,727 $1,438,000 $503,560 $934,440
2022 $25,234 $1,529,340 $503,560 $1,025,780
2021 $27,189 $1,647,800 $503,560 $1,144,240
2020 $16,121 $977,050 $457,790 $519,260
2019 $11,586 $901,820 $416,170 $485,650
2018 $10,753 $837,000 $0 $0
2017 $13,018 $788,980 $0 $0
2016 $11,994 $726,920 $0 $0
2015 $9,269 $721,460 $0 $0
2014 $9,272 $721,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Charles Billig

    Seller's Agent in 2022

    Charles Billig

    A.J. Billig & Company

    (410) 296-8440

    1 in this area

    551 Total Sales

    Charles Billig
    Section Image
  • Luis Arrazola

    Seller Co-Listing Agent in 2022

    Luis Arrazola

    A.J. Billig & Company

    (410) 296-8441

    1 in this area

    414 Total Sales

    Luis Arrazola
    Section Image

  • E

    Buyer's Agent in 2022

    Ethan Arnheim

    Central Properties, LLC

See All Agents

Map

Source: Bright MLS

MLS Number: DCDC2038098

Bright MLS

APN: 3092-0814

District of Columbia District of Columbia County Washington 20001 LeDroit Park

621 Florida Ave NW, Washington, DC

This home is located at 621 Florida Ave NW, Washington, DC 20001 since 28 February 2022 and is currently estimated at $1,261,920. This property was built in 1900. 621 Florida Ave NW is a home located in District of Columbia with nearby schools including Cleveland Elementary School, Cardozo Education Campus, and KIPP DC Public Charter School.

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