NOT LISTED FOR SALE
Studio
4 Baths
4,512 Sq Ft
2,102 Sq Ft Lot

Sale Details

Date Sold: December 12, 2018

Last sale price $1,600,000 $355 Per Sq Ft

13 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Balcony
  • Brent Elementary School Rated A
  • No HOA
  • 4-minute walk to Garfield Park

About This Home

As of December 2018

Investor & Developers Dream! Gorgeous Updated 4 Unit Each 1Bedrm/1Bath. Gross Annual Rent $113,220. Rent + ALL Utilities Paid by Tenants except Water. Roof Completely Updated in 2017 & Units have all been RENOVATED within last 2 years. COMPLETELY TURN KEY. Excellent location where Navy Yard & Capitol Hill meet.

Last Agent to Sell the Property

Avisha Kassir

(703) 636-7300 ak@avishakassir.com Keller Williams Realty Listed on: 10/16/2018

Keller Williams Realty

Co-Listed By

Natalie Moslem

(703) 636-7300 natalie@annenouri.com Keller Williams Realty License #SP200200364

Last Buyer's Agent

Sari Dajani

(703) 938-6070 sari.dajani@outlook.com Weichert, REALTORS

Weichert, REALTORS
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,299

Year Built

  • Built in 1982

Lot Details

  • 2,102 Sq Ft Lot
  • Landscaped
  • Corner Lot
  • Property is in very good condition

Home Design

  • Quadruplex
  • Brick Exterior Construction

Interior Spaces

  • 4,512 Sq Ft Home
  • Ceiling height of 9 feet or more
  • Screen For Fireplace
  • Wood Flooring

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Patio

Schools

  • Brent Elementary School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • The owner pays for insurance, lawn/shrub care, trash collection
  • Tax Lot 54
  • Assessor Parcel Number 0847//0054

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Old City #1 Subdivision

Building Details

  • Income includes apartment rentals
  • Operating Expense $18,023
  • Net Operating Income $95,197

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,299

Year Built

Built in 1982

Lot Details

2,102 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1982
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Washer, Stove, Microwave, Refrigerator
  • Interior Amenities: Wood Floors
  • Fireplace Features: Screen
  • Fireplace: No
  • Wall Ceiling Types: 9'+ Ceilings, Dry Wall
  • Basement: No
  • Total Sq Ft: 4512
  • Living Area Sq Ft: 4512
  • Price Per Sq Ft: 387.63
  • Above Grade Finished Sq Ft: 4512
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Exterior Features: Sidewalks
  • 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: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • Elementary School: BRENT

Lot Info

  • Improvement Assessed Value: 910440.00
  • Land Assessed Value: 485310.00
  • Lot Features: Corner, Landscaping
  • Lot Size Acres: 0.05
  • Lot Size Area: 2102
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2102.00
  • Outdoor Living Structures: Balcony, Patio(s), Roof
  • Property Condition: Very Good
  • Soil Types: Urban Land-Beltsville-Chillum
  • Zoning: MULTI
  • In City Limits: Yes

Rental Info

  • Owner Pays: Insurance, Lawn/Shrub Care, Trash Collection
  • Total Actual Rent: 113220.00
  • Units Leased Count: 4
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16130288
  • Tax Annual Amount: 11298.88
  • Assessor Parcel Number: 0847//0054
  • Tax Lot: 54
  • Tax Year: 2017

Multi Family

  • Gross Income: 113200.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 18023.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

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 16, 2018
Closed on
Dec 12, 2018
Sold by
Kassir David Dereck
Bought by
Seller's Agent
Avisha Kassir
Keller Williams Realty
Buyer's Agent
Sari Dajani
Weichert, REALTORS
List Price
$1,749,000
Sold Price
$1,600,000
Premium/Discount to List
-$149,000
-8.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$865,268
Interest Rate
4.8%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 8, 2005
Sold by
Cha Gary M
Bought by
Kassir David Dereck

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,500
Interest Rate
5.79%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 27, 2004
Sold by
Arnold James W
Bought by
Cha Gary M and Rachels Kathryn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$765,000
Interest Rate
6.33%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 30, 2001
Sold by
Harris Oliver
Bought by
Arnold James W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Interest Rate
6.96%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$1,600,000 Attorney
Kassir David Dereck $1,215,000 --
Cha Gary M $1,020,000 --
Arnold James W $425,000 --
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 $1,000,000
Previous Owner Kassir David Dereck $850,500
Previous Owner Cha Gary M $765,000
Previous Owner Arnold James W $382,500
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
12/12/2018 12/12/18 Sold $1,600,000 -8.5% $355 / Sq Ft
10/16/2018 10/16/18 For Sale $1,749,000 -- $388 / 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 $15,501 $1,823,650 $646,430 $1,177,220
2024 $14,932 $1,756,710 $643,210 $1,113,500
2023 $14,655 $1,724,160 $632,850 $1,091,310
2022 $14,067 $1,654,980 $594,320 $1,060,660
2021 $13,950 $1,641,210 $588,430 $1,052,780
2020 $13,046 $1,534,860 $539,860 $995,000
2019 $12,139 $1,428,110 $508,660 $919,450
2018 $11,864 $1,395,750 $0 $0
2017 $11,299 $1,329,280 $0 $0
2016 $10,550 $1,241,220 $0 $0
2015 $10,022 $1,179,110 $0 $0
2014 $9,370 $1,102,360 $0 $0
Source: Public Records

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Map

Source: Bright MLS

MLS Number: 1009939552

Bright MLS

APN: 0847 0054

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