NOT LISTED FOR SALE

Estimated Value: $187,000 - $203,313

0.08 Acre
$2,439,462 Price per Acre
3,292 Sq Ft Lot

Last Sold October 31, 2018

Last sale price $200,000

Est. 2% decrease in value since last sale

Current estimated payment $1,105/month

17 Days on Market

About This Lot

As of October 2018

Investor/Developer Opportunity to purchase this RA-4 Zoned Lot that can be purchased separately or as part of 737 50th St NE Property Package MLS: DC10297313 and used as auxiliary parking. 737 50th St NE Property Package also includes 743 and 745 50th St NE. RA-4 permits medium to high density apartments, 75% occupancy, and 90ft in height.

Last Agent to Sell the Property

Masiray Kanneh-Peart

(301) 652-0643 masiray.kannehpeart@compass.com RLAH @properties Listed on: 07/17/2018

RLAH @properties

Last Buyer's Agent

Billy Okoye

(301) 262-3060 info@sold100.com Sold 100 Real Estate, Inc. License #598260

Property Details

Property Type

  • Land

Lot Details

  • 3,292 Sq Ft Lot
  • Corner Lot
  • No Building Permits
  • Property is zoned RA-4, RA-4

Utilities

  • No Septic System

Community Details

  • No Home Owners Association
  • Deanwood Subdivision

Listing and Financial Details

  • Tax Lot 38
  • Assessor Parcel Number 5179//0038

Property Details

Property Type

Land

Lot Details

3,292 Sq Ft Lot

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Parking
  • New Construction: No
  • Expected On Market: 2018-07-17
  • Federal Flood Zone: No
  • Special Features: None

Interior Features

  • Basement: No
  • Price Per Sq Ft: 75.94

Exterior Features

  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: No Septic System

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Lot Features: Corner
  • Lot Size Acres: 0.08
  • Lot Size Area: 3292
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3292.00
  • Possible Use: Residential
  • Soil Types: Unknown
  • Zoning: RA-4
  • Zoning Description: RA-4
  • Farmland Preservation: No
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16087003
  • Tax Annual Amount: 54.56
  • Assessor Parcel Number: 5179//0038
  • Tax Lot: 38
  • Tax Year: 2017

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2018
Closed on
Oct 31, 2018
Sold by
50Th St Ventures Llc
Bought by
Little Mount Zion Church Of God
Seller's Agent
Masiray Kanneh-Peart
RLAH @properties
Buyer's Agent
Billy Okoye
Sold 100 Real Estate, Inc.
List Price
$250,000
Sold Price
$200,000
Premium/Discount to List
-$50,000
-20%
Current Estimated Value
$195,157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,843
Avg. Annual Appreciation
-0.33%
Original Mortgage
$160,000
Outstanding Balance
$139,826
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$55,331

Purchase Details

Closed on
Jul 9, 2018
Sold by
The Estate Of Surjit Singh Bian
Bought by
50Th Street Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
4.5%
Mortgage Type
Commercial
Source: Public Records
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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
Little Mount Zion Church Of God $200,000 Home First Title Group Llc
50Th Street Ventures Llc $750,000 Sheridan Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Little Mount Zion Church Of God $160,000
Previous Owner 50Th Street Ventures Llc $675,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2018 10/31/18 Sold $200,000 -20.0% --
08/04/2018 08/04/18 Pending -- -- --
07/17/2018 07/17/18 For Sale $250,000 -- --
Source: Bright MLS

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
2025 $1,237 $145,540 $145,540 --
2024 $1,206 $141,890 $141,890 $0
2023 $1,179 $138,760 $138,760 $0
2022 $1,160 $136,450 $136,450 $0
2021 $1,143 $134,450 $134,450 $0
2020 $1,112 $130,820 $130,820 $0
2019 $55 $6,420 $6,420 $0
2017 $55 $6,420 $0 $0
2016 $55 $6,420 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002051010

Bright MLS

APN: 5179-0038

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