NOT LISTED FOR SALE

72 Rhode Island Ave NE Washington, DC 20002

Edgewood Neighborhood

Estimated Value: $436,000 - $586,000

3 Beds
3 Baths
1,232 Sq Ft
$421/Sq Ft Est. Value

Last Sold September 15, 2023

Last sale price $465,000 $377 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,198/month

174 Days on Market

Highlights

  • City View
  • Colonial Architecture
  • Multiple Balconies
  • Open Floorplan
  • No HOA
  • Brick Porch or Patio

About This Home

As of September 2023

***LUCRATIVE FLIP ALERT!!! ****** Perfect property for your next flip! Same family owned the property for 40+ years. 3 bedrooms and 3 full baths, 3 levels, Separate living room and dining room. Full bath on all 3 floors. This property sits on a unique triangle shaped plot of land that allows for two ways to enter the property; the property has a front door on Rhode Island Ave and another entry way with additional parking in the rear of the home, presents as a second front area. House needs everything. Rehab comps $900k+. ***PLEASE use caution when touring, floor is old and fragile in a few areas on the main level. Please email L/A for information. CASH OFFERS ONLY. Offer deadline Friday 9/1/23 @ 11:59pm. Owner reserves the right to accept an offer prior to the deadline. Go & show!

Last Agent to Sell the Property

Malika C. Jackson

Smart Realty, LLC Listed on: 03/13/2023

Smart Realty, LLC

Last Buyer's Agent

Malika C. Jackson

Smart Realty, LLC Listed on: 03/13/2023

Smart Realty, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,006

Year Built

  • Built in 1909

Lot Details

  • 871 Sq Ft Lot
  • Infill Lot

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Utility Room
  • Laundry Room
  • City Views
  • Galley Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Basement

  • Basement Fills Entire Space Under The House
  • Rear Basement Entry

Outdoor Features

  • Multiple Balconies
  • Brick Porch or Patio

Utilities

  • Forced Air Heating System
  • Natural Gas Water Heater
  • No Septic System

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 3536//0002

Community Details

Overview

  • No Home Owners Association
  • Brookland Subdivision

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,006

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2023-03-13
  • Federal Flood Zone: No
  • Year Built: 1909
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 0

Interior Features

  • Interior Amenities: Floor Plan - Open, Kitchen - Galley
  • Fireplace: No
  • Foundation Details: Other
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Foyer, Bedroom 1, Laundry, Utility Room
  • Basement: Yes
  • Basement Type: Outside Entrance, Rear Entrance, Full
  • Total Sq Ft: 1848
  • Living Area Sq Ft: 1232
  • Price Per Sq Ft: 365.25
  • Above Grade Finished Sq Ft: 1232
  • Below Grade Sq Ft: 616
  • Total Below Grade Sq Ft: 616
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 72

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Lower Levels Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Sidewalks, Street Lights
  • Spa: No
  • View: City
  • 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: No
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: No Septic System
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Lot Size Acres: 0.02
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 871.00
  • Outdoor Living Structures: Balconies- Multiple, Balcony, Brick, Porch(es)
  • Soil Types: Unknown
  • Zoning: R
  • Zoning Description: R
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 4006.00
  • Assessor Parcel Number: 3536//0002
  • Tax Lot: 2
  • Tax Total Finished Sq Ft: 1232
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 09/15/2023

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2023
Closed on
Sep 20, 2023
Sold by
Walker Deanna and Walker Marie
Bought by
Ayari Moez and Menjivar Walter
Seller's Agent
Malika C. Jackson
Smart Realty, LLC
Buyer's Agent
Malika C. Jackson
Smart Realty, LLC
List Price
$599,000
Sold Price
$465,000
Premium/Discount to List
-$134,000
-22.37%
Views
192
Current Estimated Value
$518,124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,124
Avg. Annual Appreciation
7.37%
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
Ayari Moez $465,000 National Capital Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2023 09/15/23 Sold $465,000 +3.3% $377 / Sq Ft
08/28/2023 08/28/23 Price Changed $449,991 -14.3% $365 / Sq Ft
08/16/2023 08/16/23 Price Changed $525,000 -12.4% $426 / Sq Ft
04/08/2023 04/08/23 For Sale $599,000 +28.8% $486 / Sq Ft
04/03/2023 04/03/23 Off Market $465,000 -- --
03/27/2023 03/27/23 Price Changed $599,000 -60.1% $486 / Sq Ft
03/13/2023 03/13/23 For Sale $1,500,000 -- $1,218 / 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 $4,499 $529,270 $318,940 $210,330
2023 $25,523 $510,450 $308,440 $202,010
2022 $4,006 $471,240 $287,440 $183,800
2021 $22,916 $458,310 $283,190 $175,120
2020 $982 $447,700 $277,810 $169,890
2019 $938 $437,480 $266,450 $171,030
2018 $900 $411,770 $0 $0
2017 $821 $310,870 $0 $0
2016 $750 $291,940 $0 $0
2015 $683 $268,130 $0 $0
2014 $625 $221,540 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC2084774

Bright MLS

APN: 3536-0002