Jonathan Lahey
EXP Realty, LLC
(301) 778-2966
748 Total Sales
2 in Capitol Hill
$292K - $650K Price Range
704 I St SE Washington, DC 20003
Capitol Hill Neighborhood
Studio
2
Baths
1,365
Sq Ft
481
Sq Ft Lot
Highlights
- Open Floorplan
- Victorian Architecture
- Recessed Lighting
- Wood Flooring
- Combination Kitchen and Living
- Central Air
About This Home
As of November 2024Legal 2-unit INVESTMENT OPPORTUNITY for both homeowners and investors alike. If you're looking for a steady rental stream or aiming to capitalize on the booming short-term rental market, this property is the perfect match. Located just around the corner from Barracks Row Main Street, this Victorian-style row house offers a seamless blend of Capitol Hill charm and Navy Yard convenience. The two-level upper unit features a comfortable 2 bed/1 bath floor plan with ample living space, while the separate English basement studio provides flexibility as an income-generating rental or as a private living pad for guests/extended family. Currently owner-occupied, but upper unit previously rented for $2,900/mo. & the lower unit for $1,750/mo. Live in either unit and rent out the other to subsidize your mortgage and maximize profits. The property's PRIME LOCATION offers easy access to a diverse array of dining options and unique local shops. Whether you're grabbing a quick bite, enjoying a leisurely dinner, or exploring nearby boutiques, everything is at your fingertips. Just 3 blocks to Eastern Market and Metro! Improvements since 2019 include new roof, windows, upper unit bathroom and HVAC. New shaker kitchen cabinets, quartz countertops and recessed lighting were also recently added in the upper level unit.
Last Agent to Sell the Property
(703) 535-3610 smccullar@kw.com KW Metro Center License #615696 Listed on: 10/17/2024
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,133
Year Built
- Built in 1912
Lot Details
- 481 Sq Ft Lot
Parking
- On-Street Parking
Home Design
- Duplex
- Victorian Architecture
- Flat Roof Shape
- Brick Exterior Construction
Interior Spaces
- Open Floorplan
- Ceiling Fan
- Recessed Lighting
- Vinyl Clad Windows
- Combination Kitchen and Living
- Wood Flooring
- Stacked Washer and Dryer
Kitchen
- Electric Oven or Range
- Range Hood
- Dishwasher
- Disposal
Finished Basement
- English Basement
- Basement Fills Entire Space Under The House
- Front Basement Entry
Utilities
- Central Air
- Heat Pump System
- Vented Exhaust Fan
- 150 Amp Service
- Electric Water Heater
Community Details
- 2 Units
- Capitol Hill Subdivision
Listing and Financial Details
- Tax Lot 865
- Assessor Parcel Number 0904//0865
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
Oct 17, 2024
Closed on
Nov 17, 2024
Sold by
Bought by
Seller's Agent
Jason Holt
KW Metro Center
Buyer's Agent
Andy Musser
KW United
List Price
$799,900
Sold Price
$735,000
Premium/Discount to List
-$64,900
-8.11%
Views
65
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$673,076
Outstanding Balance
$660,797
Interest Rate
6.44%
Mortgage Type
FHA
Purchase Details
Closed on
Nov 1, 2012
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
$431,250
Interest Rate
3.5%
Mortgage Type
Commercial
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Capitol Hill, DC
-
Jonathan Lahey
-
David Bediz
David Bediz
RLAH @properties
(844) 831-5074
186 Total Sales
6 in Capitol Hill
$490K - $1.1M Price Range
-
Jennifer Knoll
Jennifer Knoll
Compass
(202) 991-4505
109 Total Sales
4 in Capitol Hill
$575K - $1.4M Price Range
-
Carol Eickert
Carol Eickert
Compass
(240) 363-9453
36 Total Sales
2 in Capitol Hill
$800K - $1.4M Price Range
-
Michael Sheridan
Michael Sheridan
TTR Sotheby's International Realty
(571) 946-9249
129 Total Sales
3 in Capitol Hill
$285K - $2M Price Range
-
Lonnie Whitehead
Lonnie Whitehead
Responds QuicklyKW Metro Center
(855) 624-5734
20 Total Sales
1 in Capitol Hill
$890,000 Price
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 |
|---|---|---|---|
| $735,000 | Fidelity National Title | ||
| $575,000 | -- |
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 | $673,076 | ||
| Previous Owner | $300,000 | ||
| Previous Owner | $431,250 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 11/27/2024 11/27/24 | Sold | $735,000 | 0.0% | $538 / Sq Ft | |
| 11/27/2024 11/27/24 | Sold | $735,000 | -8.1% | $538 / Sq Ft | View Prior Sale |
| 10/31/2024 10/31/24 | Pending | -- | -- | -- | |
| 10/31/2024 10/31/24 | Pending | -- | -- | -- | |
| 10/17/2024 10/17/24 | For Sale | $799,900 | 0.0% | $586 / Sq Ft | |
| 10/17/2024 10/17/24 | For Sale | $799,900 | -- | $586 / 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 | $7,085 | $878,480 | $484,700 | $393,780 |
| 2024 | $7,239 | $851,660 | $482,280 | $369,380 |
| 2023 | $7,133 | $839,160 | $474,520 | $364,640 |
| 2022 | $6,809 | $801,100 | $456,360 | $344,740 |
| 2021 | $6,757 | $794,900 | $451,840 | $343,060 |
| 2020 | $6,424 | $755,760 | $427,560 | $328,200 |
| 2019 | $5,927 | $697,340 | $398,970 | $298,370 |
| 2018 | $5,775 | $679,420 | $0 | $0 |
| 2017 | $5,454 | $641,680 | $0 | $0 |
| 2016 | $5,101 | $600,170 | $0 | $0 |
| 2015 | $4,666 | $548,930 | $0 | $0 |
| 2014 | $4,299 | $505,750 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jason Holt
Seller's Agent in 2024
Jason Holt
KW Metro Center
(202) 680-9988
5 in this area
74 Total Sales
-
Andy Musser
Buyer's Agent in 2024
Andy Musser
KW United
(703) 966-2180
3 in this area
154 Total Sales
Map
Source: Bright MLS
MLS Number: DCDC2164646
APN: 0904 0865
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