NOT LISTED FOR SALE

737 Faraday Place NE Washington, DC 20017

Michigan Park Neighborhood

Estimated Value: $391,000 - $498,000

2 Beds
1 Bath
816 Sq Ft
$554/Sq Ft Est. Value

Last Sold April 27, 2023

Last sale price $385,000 $472 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,690/month

4 Days on Market

Highlights

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

About This Home

As of April 2023

A Diamond in the rough! Calling all investors or Do it yourself warriors! This home has great bones in a great location. Perfect for a home buyer who isn't afraid of some sweat equity or an investor looking for a quick flip.

Last Agent to Sell the Property

Lalea Swann

EXP Realty, LLC License #0225237041 Listed on: 03/20/2023

EXP Realty, LLC

Last Buyer's Agent

Mark Morris

Samson Properties License #BR98377869

Samson Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,156

Year Built

  • Built in 1948

Lot Details

  • 2,658 Sq Ft Lot
  • Property is zoned R1

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • Stove
  • Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Brookland Subdivision

Listing and Financial Details

  • Tax Lot 29
  • Assessor Parcel Number 3782//0029

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,156

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1948
  • Automatically Close On Close Date: No
  • Remarks Public: A Diamond in the rough! Calling all investors or Do it yourself warriors! This home has great bones in a great location. Perfect for a home buyer who isn't afraid of some sweat equity or an investor looking for a quick flip.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Stove
  • Foundation Details: Other
  • Levels Count: 3
  • Basement: Yes
  • Total Sq Ft: 1224
  • Living Area Sq Ft: 816
  • Price Per Sq Ft: 459.56
  • Above Grade Finished Sq Ft: 816
  • Below Grade Sq Ft: 408
  • Total Below Grade Sq Ft: 408
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 737

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
  • Type Of Parking: On Street

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: Natural Gas
  • 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

  • Lot Size Acres: 0.06
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2658.00
  • Soil Types: Unknown
  • Year Assessed: 2022
  • Zoning: R1
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1156.00
  • Assessor Parcel Number: 3782//0029
  • Tax Lot: 29
  • Tax Total Finished Sq Ft: 816
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 04/27/2023

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2023
Closed on
Apr 27, 2023
Sold by
Morris Linwood
Bought by
King Caryl
Seller's Agent
Lalea Swann
EXP Realty, LLC
Buyer's Agent
Mark Morris
Samson Properties
List Price
$375,000
Sold Price
$385,000
Premium/Discount to List
$10,000
2.67%
Views
26
Current Estimated Value
$452,157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,157
Avg. Annual Appreciation
8.38%
Original Mortgage
$385,000
Outstanding Balance
$371,809
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$92,617
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
King Caryl $385,000 Stewart Title Guaranty Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open King Caryl $385,000
Previous Owner Morris Linwood $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2023 04/27/23 Sold $385,000 0.0% $472 / Sq Ft
03/24/2023 03/24/23 Pending -- -- --
03/23/2023 03/23/23 Off Market $385,000 -- --
03/20/2023 03/20/23 For Sale $375,000 -- $460 / 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 $2,722 $494,030 $323,980 $170,050
2023 $2,593 $474,030 $312,100 $161,930
2022 $1,156 $438,050 $296,310 $141,740
2021 $1,111 $427,280 $291,930 $135,350
2020 $1,060 $395,570 $275,550 $120,020
2019 $2,124 $377,850 $258,730 $119,120
2018 $1,942 $344,480 $0 $0
2017 $1,772 $330,360 $0 $0
2016 $1,617 $297,810 $0 $0
2015 $1,472 $286,410 $0 $0
2014 $1,348 $243,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2023

    Lalea Swann

    EXP Realty, LLC

    (703) 712-6280

    2 in this area

    66 Total Sales

    Lalea Swann
    Section Image

  • M

    Buyer's Agent in 2023

    Mark Morris

    Samson Properties

    (202) 468-6898

    1 in this area

    43 Total Sales

    Mark Morris
    Section Image
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Map

Source: Bright MLS

MLS Number: DCDC2088456

Bright MLS

APN: 3782-0029

District of Columbia District of Columbia County Washington 20017 Michigan Park

737 Faraday Place NE, Washington, DC

This home is located at 737 Faraday Place NE, Washington, DC 20017 since 20 March 2023 and is currently estimated at $452,157, approximately $554 per square foot. This property was built in 1948. 737 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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