NOT LISTED FOR SALE

701 Faraday Place NE Washington, DC 20017

Michigan Park Neighborhood

Estimated Value: $466,000 - $571,000

2 Beds
1 Bath
1,276 Sq Ft
$400/Sq Ft Est. Value

Last Sold August 30, 2019

Last sale price $400,000 $313 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,961/month

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • Ceiling Fan
  • Window Unit Cooling System

About This Home

As of June 2024

2-bedroom, 1-bathroom bi-level home available for rent in a rarely vacant neighborhood. This home has hardwood floors, new stainless-steel appliances, large kitchen island and washer/dryer. The home is walking distance to Fort Totten Metro (Green, Red and Yellow lines) and shopping.

Last Agent to Rent the Property

David Garcia

(202) 243-7700 david-garcia@kw.com Keller Williams Capital Properties License #SP98376330 Listed on: 11/28/2023

Keller Williams Capital Properties

Last Renter's Agent

Sharon Tayviah

(240) 737-5000 sharontayviah@gmail.com Keller Williams Preferred Properties License #SP98365950

Keller Williams Preferred Properties

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1948

Lot Details

  • 1,642 Sq Ft Lot

Home Design

  • Side-by-Side
  • Converted Dwelling
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • Property has 2 Levels
  • Ceiling Fan

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • On-Street Parking
  • Off-Street Parking

Utilities

  • Window Unit Cooling System
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Residential Lease
  • Security Deposit $2,395
  • 12-Month Min and 24-Month Max Lease Term
  • Available 11/28/23
  • Assessor Parcel Number 3782//0017

Community Details

Overview

  • No Home Owners Association
  • Brookland Subdivision

Pet Policy

  • No Pets Allowed

Townhouse Details

Home Type

Townhome

Year Built

Built in 1948

Lot Details

1,642 Sq Ft Lot

Rental Info

  • Date Available: 2023-11-28
  • Pets Allowed: No
  • Security Deposit: 2395.00
  • Vacation Rental: No
  • Max Lease in Months: 24
  • Min Lease in Months: 12
  • Rent Spree Online Application: No

Listing Details

  • Property Type: Residential Lease
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Converted Dwelling, Side-By-Side
  • New Construction: No
  • Story List: Upper 1
  • Expected On Market: 11/28/2023 12:00:00 AM
  • Year Built: 1948
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Foundation Details: Concrete Perimeter
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1276
  • Living Area Sq Ft: 1276
  • Price Per Sq Ft: 2.76
  • Above Grade Finished Sq Ft: 868
  • Below Grade Finished Sq Ft: 408
  • Total Below Grade Sq Ft: 408
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Concrete
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street, On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C, Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1642.00
  • Zoning: RESIDENTIAL

Tax Info

  • Assessor Parcel Number: 3782//0017

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2019
Closed on
Aug 28, 2019
Sold by
Boyd Cedric
Bought by
Woods John
Seller's Agent
Ryan Hehman
Compass
Buyer's Agent
SADIQ OGBEBOR
Fairfax Realty Premier
List Price
$419,900
Sold Price
$400,000
Premium/Discount to List
-$19,900
-4.74%
Current Estimated Value
$509,822

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,822
Avg. Annual Appreciation
3.82%
Original Mortgage
$320,000
Outstanding Balance
$279,652
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$230,170

Purchase Details

Closed on
Feb 16, 2010
Sold by
Federal National Mortgage Association
Bought by
Boyd Cedric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,395
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 24, 2009
Sold by
Clarke Sub Tr James E and Dyson Sub Tr Renee
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 26, 2000
Sold by
Blucker Aaron S
Bought by
Rayford Charles M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,350
Interest Rate
8.23%

Purchase Details

Closed on
May 16, 1996
Sold by
Alexander Dionne L
Bought by
Blucker Aaron S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,424
Interest Rate
7.77%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Woods John $400,000 Realty Title Services Inc
Boyd Cedric $199,000 --
Federal National Mortgage Association $303,388 --
Rayford Charles M $113,500 --
Blucker Aaron S $93,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Woods John $320,000
Previous Owner Boyd Cedric $195,395
Previous Owner Rayford Charles M $113,350
Previous Owner Blucker Aaron S $92,424
Closed Blucker Aaron S $1,706
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/08/2024 06/08/24 Rented $2,395 0.0% --
12/06/2023 12/06/23 Price Changed $2,395 -4.2% $2 / Sq Ft
11/28/2023 11/28/23 For Rent $2,500 +16.3% --
08/21/2020 08/21/20 Rented $2,150 0.0% --
08/20/2020 08/20/20 Under Contract -- -- --
07/24/2020 07/24/20 For Rent $2,150 0.0% --
08/30/2019 08/30/19 Sold $400,000 0.0% $490 / Sq Ft View Prior Sale
07/23/2019 07/23/19 Pending -- -- --
07/16/2019 07/16/19 Price Changed $399,900 -4.8% $490 / Sq Ft
06/20/2019 06/20/19 For Sale $419,900 -- $515 / 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 $4,024 $473,370 $299,170 $174,200
2024 $3,957 $465,530 $294,610 $170,920
2023 $3,828 $450,330 $283,790 $166,540
2022 $3,542 $416,680 $271,550 $145,130
2021 $3,458 $406,770 $267,530 $139,240
2020 $3,081 $362,460 $255,120 $107,340
2019 $2,919 $343,390 $238,760 $104,630
2017 $2,543 $299,180 $0 $0
2016 $2,301 $270,710 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • David Garcia

    Landlord's Agent in 2024

    David Garcia

    Keller Williams Capital Properties

    (202) 780-6873

    16 Total Sales

    David Garcia
    Section Image
  • Sharon Tayviah

    Tenant's Agent in 2024

    Sharon Tayviah

    Keller Williams Preferred Properties

    (240) 398-6057

    23 Total Sales

    Sharon Tayviah
    Section Image
  • Tonya Coleman

    Buyer's Agent in 2020

    Tonya Coleman

    Brickstone Realty

    (202) 903-5767

    10 Total Sales

    Tonya Coleman
    Section Image
  • Ryan Hehman

    Seller's Agent in 2019

    Ryan Hehman

    Compass

    (443) 990-1230

    100 Total Sales

    Ryan Hehman
    Section Image

  • S

    Buyer's Agent in 2019

    SADIQ OGBEBOR

    Fairfax Realty Premier

    Section Image
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Map

Source: Bright MLS

MLS Number: DCDC2118232

Bright MLS

APN: 3782-0017

District of Columbia District of Columbia County Washington 20017 Michigan Park

701 Faraday Place NE, Washington, DC

Not Listed for Sale

Townhouses

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