NOT LISTED FOR SALE

725 Faraday Place NE Washington, DC 20017

Michigan Park Neighborhood

Estimated Value: $445,000 - $539,000

2 Beds
1 Bath
1,130 Sq Ft
$434/Sq Ft Est. Value

Last Sold February 04, 2022

Last sale price $509,900 $451 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,997/month

51 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of February 2022

Charming 2 bed, 1 bath home with a large backyard and front porch in Brookland available for the first time in decades! Greet the day (and your neighbors) with morning coffee on your welcoming front porch. This newly renovated home features large new windows, fresh paint, retouched hardwood floors, new light fixtures, and other thoughtful updates throughout. On the main level, you have a living room, dining area and updated kitchen with stainless steel appliances, granite countertops and gorgeous new tile backsplash. Step right out to the fenced backyard -- perfect for playing games or grilling out. Upstairs, you have 2 bedrooms, including the sun-filled primary bedroom and renovated full bathroom. The finished basement can be a home office, rec area or home gym - you choose! Washer and dryer on this level. In close proximity to countless shops (including the Walmart), dining options, Art Place, and the Fort Totten Metro. All square footage and dimensions, though compiled from sources deemed reliable, are estimates.

Last Agent to Sell the Property

Margaret Babbington

Compass License #sp98368959 Listed on: 11/19/2021

Compass

Last Buyer's Agent

Sheena Saydam

Keller Williams Capital Properties License #638126

Keller Williams Capital Properties

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,323

Year Built

  • Built in 1948

Lot Details

  • 1,655 Sq Ft Lot

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • Property has 2 Levels
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Brookland Subdivision

Listing and Financial Details

  • Tax Lot 25
  • Assessor Parcel Number 3782//0025

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,323

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1948
  • Automatically Close On Close Date: No
  • Remarks Public: Charming 2 bed, 1 bath home with a large backyard and front porch in Brookland available for the first time in decades! Greet the day (and your neighbors) with morning coffee on your welcoming front porch. This newly renovated home features large new windows, fresh paint, retouched hardwood floors, new light fixtures, and other thoughtful updates throughout. On the main level, you have a living room, dining area and updated kitchen with stainless steel appliances, granite countertops and gorgeous new tile backsplash. Step right out to the fenced backyard -- perfect for playing games or grilling out. Upstairs, you have 2 bedrooms, including the sun-filled primary bedroom and renovated full bathroom. The finished basement can be a home office, rec area or home gym - you choose! Washer and dryer on this level. In close proximity to countless shops (including the Walmart), dining options, Art Place, and the Fort Totten Metro. All square footage and dimensions, though compiled from sources deemed reliable, are estimates.
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Foundation Details: Block
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Partially Finished
  • Total Sq Ft: 1224
  • Living Area Sq Ft: 1130
  • Price Per Sq Ft: 612.62
  • Above Grade Finished Sq Ft: 816
  • Below Grade Finished Sq Ft: 314
  • Below Grade Sq Ft: 94
  • Total Below Grade Sq Ft: 408
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 725

Beds/Baths

  • Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level 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: No

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • 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

Lot Info

  • Improvement Assessed Value: 119540.00
  • Land Assessed Value: 271950.00
  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1655.00
  • Soil Types: Urban Land-Sassafras-Chillum
  • Year Assessed: 2021
  • Zoning: RF-1
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16068046
  • Tax Annual Amount: 2323.00
  • Assessor Parcel Number: 3782//0025
  • Tax Lot: 25
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 02/04/2022

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2021
Closed on
Feb 3, 2022
Sold by
Cassell Joyce L and Cassell Monica
Bought by
Bumagny Nathan and Bumagny Marissa Lian
Seller's Agent
Margaret Babbington
Compass
Buyer's Agent
Sheena Saydam
Keller Williams Capital Properties
List Price
$499,900
Sold Price
$509,900
Premium/Discount to List
$10,000
2%
Current Estimated Value
$499,791

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,109
Avg. Annual Appreciation
-1.27%
Original Mortgage
$521,627
Outstanding Balance
$488,425
Interest Rate
3.45%
Mortgage Type
VA
Estimated Equity
-$971

Purchase Details

Closed on
May 1, 2021
Sold by
Cassell Joyce L and Cassell Frank William
Bought by
Cassell Joyce L and Story Monica
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
Bumagny Nathan $509,900 North American Title
Cassell Joyce L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bumagny Nathan $521,627
Previous Owner Cassell Frenk William $50,000
Previous Owner Cassell Frenk William $47,470
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2022 02/04/22 Sold $509,900 +2.0% $451 / Sq Ft
01/09/2022 01/09/22 Pending -- -- --
01/07/2022 01/07/22 Price Changed $499,900 0.0% $442 / Sq Ft
01/07/2022 01/07/22 For Sale $499,900 -2.0% $442 / Sq Ft
12/23/2021 12/23/21 Off Market $509,900 -- --
11/19/2021 11/19/21 For Sale $537,000 -- $475 / 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 $3,137 $490,820 $295,090 $195,730
2023 $2,877 $422,520 $284,260 $138,260
2022 $2,597 $391,490 $271,950 $119,540
2021 $2,324 $382,240 $267,930 $114,310
2020 $2,117 $358,990 $255,430 $103,560
2019 $1,931 $339,710 $239,080 $100,630
2018 $1,767 $309,160 $0 $0
2017 $1,614 $294,940 $0 $0
2016 $1,473 $266,760 $0 $0
2015 $1,341 $253,240 $0 $0
2014 $1,230 $214,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Margaret Babbington

    Seller's Agent in 2022

    Margaret Babbington

    Compass

    (202) 270-7462

    3 in this area

    532 Total Sales

    Section Image
  • Sheena Saydam

    Buyer's Agent in 2022

    Sheena Saydam

    Keller Williams Capital Properties

    (202) 243-7700

    3 in this area

    1,028 Total Sales

    Section Image
  • Erin Socia

    Buyer Co-Listing Agent in 2022

    Erin Socia

    Keller Williams Capital Properties

    (703) 906-4863

    1 in this area

    113 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: DCDC2021910

Bright MLS

APN: 3782-0025

District of Columbia District of Columbia County Washington 20017 Michigan Park

725 Faraday Place NE, Washington, DC

This home is located at 725 Faraday Place NE, Washington, DC 20017 since 19 November 2021 and is currently estimated at $490,882, approximately $434 per square foot. This property was built in 1948. 725 Faraday Place NE is a home located in District of Columbia with nearby schools including Bunker Hill Elementary School, Brookland Middle School, and Dunbar High School.

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