NOT LISTED FOR SALE

718 Rhode Island Ave NW Washington, DC 20001

Shaw Neighborhood

Estimated Value: $820,615 - $973,000

2 Beds
2.5 Baths
1,458 Sq Ft
$607/Sq Ft Est. Value

Last Sold May 21, 2021

Last sale price $785,000 $538 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $5,748/month

10 Days on Market

Highlights

  • 2 Fireplaces
  • 3-minute walk to Shaw-Howard U
  • Historic Home
  • No HOA
  • Forced Air Heating System
  • 4-minute walk to Kennedy Recreation Center

About This Home

As of May 2021

Thanks for all the showings and visits. Multiple offer situation, with escalations. Offer deadline Wednesday April 14 at 5:00. for this: Absolutely charming Fee Simple end rowhouse, located in a prominent corner in Shaw. Known for its iconic mural, the interior has been tastefully remodeled to take advantage of its Historic character, corner location and expansive light. It's unique layout provides a terrific condo alternative, pied-a-terre, or VRBO (when normalcy returns). The corner lot provides a nice exterior space, Less than one (1) block to Shaw/Howard University Metro. Vacant & available. OPEN Saturday April 10, from 11:00 am - 4:00 am & Sunday, April 11 from 12-3.

Last Agent to Sell the Property

Peter Mallios

Peter G. Mallios License #IB0098073 Listed on: 04/05/2021

Last Buyer's Agent

Brian Lumpkin

RLAH @properties

RLAH @properties

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,012

Year Built

  • Built in 1900

Lot Details

  • 453 Sq Ft Lot
  • Historic Home

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,458 Sq Ft Home
  • Property has 2.5 Levels
  • 2 Fireplaces

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Logan/Shaw Subdivision

Listing and Financial Details

  • Tax Lot 26
  • Assessor Parcel Number 0420//0026

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,012

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Ownership: Fee Simple
  • Historic: Yes
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: Thanks for all the showings and visits. Multiple offer situation, with escalations. Offer deadline Wednesday April 14 at 5:00. for this: Absolutely charming Fee Simple end rowhouse, located in a prominent corner in Shaw. Known for its iconic mural, the interior has been tastefully remodeled to take advantage of its Historic character, corner location and expansive light. It's unique layout provides a terrific condo alternative, pied-a-terre, or VRBO (when normalcy returns). The corner lot provides a nice exterior space, Less than one (1) block to Shaw/Howard University Metro. Vacant & available. OPEN Saturday April 10, from 11:00 am - 4:00 am & Sunday, April 11 from 12-3.
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplaces Count: 2
  • Levels Count: 2.5
  • Room List: Additional Bedroom
  • Basement: No
  • Total Sq Ft: 1458
  • Living Area Sq Ft: 1458
  • Price Per Sq Ft: 479.42
  • Above Grade Finished Sq Ft: 1458
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 718

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • 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
  • Main Level Half 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: No

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • 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: 462940.00
  • Land Assessed Value: 376590.00
  • Lot Size Acres: 0.01
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 453.00
  • Soil Types: Unknown
  • Year Assessed: 2020
  • Zoning: RF-1
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16135496
  • Tax Annual Amount: 7012.00
  • Assessor Parcel Number: 0420//0026
  • Tax Lot: 26
  • Tax Total Finished Sq Ft: 1458
  • Tax Year: 2020
  • Close Date: 05/21/2021

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2021
Closed on
May 20, 2021
Sold by
Welch Family Limited Partnership Nine
Bought by
Wang Jim Ching Jen
Seller's Agent
Peter Mallios
Peter G. Mallios
Buyer's Agent
Brian Lumpkin
RLAH @properties
List Price
$699,000
Sold Price
$785,000
Premium/Discount to List
$86,000
12.3%
Current Estimated Value
$881,315

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,315
Avg. Annual Appreciation
2.23%
Original Mortgage
$785,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2018
Sold by
718Rhodeisland Llc
Bought by
Welch Family Lp Nine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$618,000
Interest Rate
4.6%
Mortgage Type
Commercial

Purchase Details

Listed on
Jun 10, 2015
Closed on
Jul 28, 2015
Sold by
Waldorff Rebecca L
Bought by
718 Rhodeisland Limited Liabil
Seller's Agent
Daryl Judy
Washington Fine Properties ,LLC
Buyer's Agent
Matthew Oppenheim
Brexton Commerical, LLC
List Price
$525,000
Sold Price
$550,000
Premium/Discount to List
$25,000
4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.57%
Original Mortgage
$412,500
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2007
Sold by
Swetlow Steven
Bought by
Walldorff Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,000
Interest Rate
6.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 2004
Sold by
Carter Doris
Bought by
Swetlow Steven

Purchase Details

Closed on
Jul 16, 1997
Sold by
Samuel C Reynolds Co Inc
Bought by
Carter Doris K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,100
Interest Rate
7.79%
Mortgage Type
New Conventional
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
Wang Jim Ching Jen $785,000 Kvs Title Llc
Welch Family Lp Nine $825,000 Premium Title & Escrow Llc
718 Rhodeisland Limited Liabil $550,000 --
Walldorff Rebecca $420,000 --
Swetlow Steven $250,000 --
Carter Doris K $98,000 --
Samuel C Reynolds Co Inc $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Jim Ching Jen $785,520
Closed Wang Jim Ching Jen $785,000
Previous Owner Welch Family Lp Nine $618,000
Previous Owner Welch Family Lp $125,000
Previous Owner 718 Rhodeisland Limited Liabil $412,500
Previous Owner Walldorff Rebecca L $340,000
Previous Owner Walldorff Rebecca L $21,250
Previous Owner Walldorff Rebecca $378,000
Previous Owner Swetlow Steven R $100,000
Previous Owner Carter Doris K $93,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2021 05/21/21 Sold $785,000 +12.3% $538 / Sq Ft
04/15/2021 04/15/21 Pending -- -- --
04/05/2021 04/05/21 For Sale $699,000 +27.1% $479 / Sq Ft
07/28/2015 07/28/15 Sold $550,000 +4.8% $377 / Sq Ft
06/18/2015 06/18/15 Pending -- -- --
06/10/2015 06/10/15 For Sale $525,000 -- $360 / Sq Ft
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 $39,888 $797,760 $379,440 $418,320
2023 $6,749 $793,980 $378,540 $415,440
2022 $7,356 $865,390 $380,360 $485,030
2021 $7,136 $839,530 $376,590 $462,940
2020 $7,013 $825,030 $365,090 $459,940
2019 $5,498 $646,870 $349,790 $297,080
2018 $5,268 $619,820 $0 $0
2017 $5,243 $616,820 $0 $0
2016 $4,643 $546,200 $0 $0
2015 $3,379 $468,920 $0 $0
2014 $3,087 $446,380 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC515290

Bright MLS

APN: 0420-0026