NOT LISTED FOR SALE

725 Hobart Place NW Washington, DC 20001

Park View Neighborhood
-- Bed
2 Baths
2,048 Sq Ft
1,688 Sq Ft Lot

Last Sold June 14, 2018

Last sale price $1,175,000 $574 Per Sq Ft

140 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Stacked Washer and Dryer
  • 1-minute walk to Hobart Twins Park

About This Home

As of June 2018

Three recently renovated, 2BR/2BA apartments located in bustling Park View, Columbia Heights. Great turn-key income producing investment opportunity. Each unit is separately metered, Fully Occupied, all tenants on month-to-month leases.

Last Agent to Sell the Property

Sina Mollaan

(202) 270-7462 mollaan@gmail.com Compass Listed on: 11/22/2017

Compass

Co-Listed By

Noël Sesay

(202) 431-3119 noelsesay@gmail.com Compass

Last Buyer's Agent

Andrew Riguzzi

(202) 595-5757 andrew@propertydc.com Compass License #SP98364747

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,153

Year Built

  • Built in 1940 | Remodeled in 2014

Lot Details

  • 1,688 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Block Foundation

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher

Laundry

  • Stacked Washer and Dryer
  • ENERGY STAR Qualified Washer

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 197
  • Assessor Parcel Number 2888//0197

Community Details

Overview

  • Property has a Home Owners Association
  • 3 Units
  • Columbia Heights Subdivision

Building Details

  • Operating Expense $14,088
  • Net Operating Income $71,712

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,153

Year Built

Built in 1940 | Remodeled in 2014

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1940
  • Year Renovated: 2014
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Energy Star Clothes Washer, Microwave, Oven/Range - Gas, Refrigerator, Washer/Dryer Stacked
  • Fireplace: No
  • Foundation Details: Block
  • Basement: No
  • Price Per Sq Ft: 390.30

Exterior Features

  • Construction Materials: Brick
  • 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: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • 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: Yes
  • HOA: No

Green Features

  • Green Verification: No

Lot Info

  • Improvement Assessed Value: 395320.00
  • Land Assessed Value: 399580.00
  • Lot Size Acres: 0.04
  • Lot Size Area: 1688
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1688.00
  • Property Attached Yn: Yes
  • Soil Types: Unknown, Urban Land-Sassafras-Chillum
  • Zoning: 20001
  • In City Limits: Yes

Rental Info

  • Lease Term: 12 Months
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16046025
  • Tax Annual Amount: 3153.08
  • Assessor Parcel Number: 2888//0197
  • Tax Lot: 197
  • Tax Year: 2016

Multi Family

  • Gross Income: 85800.00
  • Operating Expense: 14088.00

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/14/2018 06/14/18 Sold $1,175,000 -2.0% $574 / Sq Ft
04/11/2018 04/11/18 Pending -- -- --
03/23/2018 03/23/18 For Sale $1,199,000 0.0% $585 / Sq Ft
02/28/2018 02/28/18 Pending -- -- --
02/20/2018 02/20/18 For Sale $1,199,000 0.0% $585 / Sq Ft
02/09/2018 02/09/18 Pending -- -- --
11/22/2017 11/22/17 For Sale $1,199,000 +166.4% $585 / Sq Ft
09/20/2013 09/20/13 Sold $450,000 -9.1% $220 / Sq Ft View Prior Sale
07/05/2013 07/05/13 Pending -- -- --
04/11/2013 04/11/13 For Sale $495,000 +10.0% $242 / Sq Ft
04/08/2013 04/08/13 Off Market $450,000 -- --
03/21/2013 03/21/13 Pending -- -- --
03/13/2013 03/13/13 For Sale $495,000 -- $242 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Sina Mollaan

    Seller's Agent in 2018

    Sina Mollaan

    Compass

    (202) 270-7462

    7 in this area

    721 Total Sales

    Sina Mollaan
    Section Image
  • Noël Sesay

    Seller Co-Listing Agent in 2018

    Noël Sesay

    Compass

    (202) 431-3119

    71 Total Sales

    Noël Sesay
    Section Image
  • Andrew Riguzzi

    Buyer's Agent in 2018

    Andrew Riguzzi

    Compass

    (202) 595-5757

    2 in this area

    202 Total Sales

    Andrew Riguzzi
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1004210759

Bright MLS

APN: 2888 0197

District of Columbia District of Columbia County Washington 20001 Park View

725 Hobart Place NW, Washington, DC

Not Listed for Sale

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