NOT LISTED FOR SALE

742 Faraday Place NE Washington, DC 20017

Michigan Park Neighborhood

Estimated Value: $459,000 - $524,000

2 Beds
2 Baths
1,216 Sq Ft
$406/Sq Ft Est. Value

Last Sold November 30, 2022

Last sale price $515,000 $424 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,121/month

9 Days on Market

Highlights

  • Traditional Architecture
  • Forced Air Heating and Cooling System
  • Southeast Facing Home
  • No HOA
  • Privacy Fence

About This Home

As of November 2022

The perfect condo alternative! In Michigan Park, near Fort Totten Metro (red, green, and yellow lines). Welcome to 742 Faraday - a fabulous 2-bedroom/2-bath home featuring new Pella windows; new roof; finished basement with full bath and laundry/utility room; fenced back garden with parking; large kitchen with gas cooking; refinished hardwood floors; paneled doors; and enclosed front porch.

See the virtual tour, and book a showing of your next DC home!

Approx 1,074 total sf, per Matterport
Approx 816 sf living area, per DC Tax Records

Last Agent to Sell the Property

Steven Dean

Compass License #SP102455 Listed on: 10/21/2022

Compass

Co-Listed By

Eddie Rangel

Compass License #SP98362303

Last Buyer's Agent

Sheila Walter

Coldwell Banker Realty - Washington License #0225240265

Coldwell Banker Realty - Washington

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,999

Year Built

  • Built in 1949

Lot Details

  • 1,642 Sq Ft Lot
  • Southeast Facing Home
  • Privacy Fence
  • Back Yard Fenced

Home Design

  • Semi-Detached or Twin Home
  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Finished Basement

  • Interior Basement Entry
  • Basement Windows

Parking

  • Off-Street Parking
  • Fenced Parking

Utilities

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

Community Details

  • No Home Owners Association
  • Michigan Park Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 3776//0001

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,999

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2022-10-22
  • Year Built: 1949
  • Automatically Close On Close Date: No
  • Remarks Public: The perfect condo alternative! In Michigan Park, near Fort Totten Metro (red, green, and yellow lines). Welcome to 742 Faraday - a fabulous 2-bedroom/2-bath home featuring new Pella windows; new roof; finished basement with full bath and laundry/utility room; fenced back garden with parking; large kitchen with gas cooking; refinished hardwood floors; paneled doors; and enclosed front porch. See the virtual tour, and book a showing of your next DC home! Approx 1,074 total sf, per Matterport Approx 816 sf living area, per DC Tax Records
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Foundation Details: Other
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Interior Access, Windows, Fully Finished
  • Total Sq Ft: 1224
  • Living Area Sq Ft: 1216
  • Price Per Sq Ft: 643.38
  • Above Grade Finished Sq Ft: 816
  • Below Grade Finished Sq Ft: 400
  • Below Grade Sq Ft: 8
  • Total Below Grade Sq Ft: 408
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 742

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

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
  • Parking Features: Fenced
  • Type Of Parking: Off 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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Fencing: Rear, Privacy
  • Improvement Assessed Value: 169290.00
  • Land Assessed Value: 271550.00
  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1642.00
  • Soil Types: Urban Land-Sassafras-Chillum
  • Year Assessed: 2021
  • Zoning: UNKNOWN
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16067901
  • Tax Annual Amount: 2999.00
  • Assessor Parcel Number: 3776//0001
  • Tax Lot: 1
  • Tax Total Finished Sq Ft: 1216
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 11/30/2022

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2022
Closed on
Nov 30, 2022
Sold by
West Daniel Cho
Bought by
Manley Andrew
Seller's Agent
Steven Dean
Compass
Buyer's Agent
Sheila Walter
Coldwell Banker Realty - Washington
List Price
$525,000
Sold Price
$515,000
Premium/Discount to List
-$10,000
-1.9%
Views
1
Current Estimated Value
$507,303

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,697
Avg. Annual Appreciation
-1.55%
Original Mortgage
$437,750
Outstanding Balance
$422,163
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$71,557

Purchase Details

Listed on
Dec 13, 2019
Closed on
Jan 10, 2020
Sold by
Sangillo Gregg T and Sangillo Chain D
Bought by
Cho West Daniel and Cho Ariel Diamond
Seller's Agent
Bradley Griffin
Coldwell Banker Realty
Buyer's Agent
Steven Dean
Compass
List Price
$425,000
Sold Price
$435,000
Premium/Discount to List
$10,000
2.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.06%
Original Mortgage
$413,250
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 10, 2007
Sold by
Reddix Paul
Bought by
Dawkins Adam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,500
Interest Rate
6.48%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Manley Andrew $515,000 --
Cho West Daniel $435,000 Monarch Title Inc
Dawkins Adam $289,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Manley Andrew $437,750
Previous Owner West Daniel Cho $407,000
Previous Owner Cho West Daniel $413,250
Previous Owner Dawkins Adam $289,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2022 11/30/22 Sold $515,000 -1.9% $424 / Sq Ft
10/30/2022 10/30/22 Pending -- -- --
10/21/2022 10/21/22 For Sale $525,000 +20.7% $432 / Sq Ft
01/16/2020 01/16/20 Sold $435,000 +2.4% $358 / Sq Ft
12/16/2019 12/16/19 Pending -- -- --
12/13/2019 12/13/19 For Sale $425,000 +32.9% $350 / Sq Ft
10/01/2012 10/01/12 Sold $319,900 0.0% $392 / Sq Ft
08/11/2012 08/11/12 Pending -- -- --
08/03/2012 08/03/12 For Sale $319,900 -- $392 / 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 $4,114 $484,050 $294,610 $189,440
2023 $3,684 $475,430 $283,790 $191,640
2022 $3,078 $440,840 $271,550 $169,290
2021 $2,999 $429,220 $267,530 $161,690
2020 $2,614 $399,890 $255,120 $144,770
2019 $2,383 $383,210 $238,760 $144,450
2018 $2,178 $349,580 $0 $0
2017 $1,987 $336,090 $0 $0
2016 $1,812 $305,420 $0 $0
2015 $1,650 $290,330 $0 $0
2014 $1,510 $247,820 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Steven Dean

    Seller's Agent in 2022

    Steven Dean

    Compass

    (202) 525-6499

    1 in this area

    68 Total Sales

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  • Eddie Rangel

    Seller Co-Listing Agent in 2022

    Eddie Rangel

    Compass

    (202) 525-6499

    1 in this area

    69 Total Sales

    Section Image
  • Sheila Walter

    Buyer's Agent in 2022

    Sheila Walter

    Coldwell Banker (NRT-Southeast-MidAtlantic)

    (202) 203-8180

    1 in this area

    20 Total Sales

    Section Image
  • Bradley Griffin

    Seller's Agent in 2020

    Bradley Griffin

    Coldwell Banker (NRT-Southeast-MidAtlantic)

    (202) 744-7722

    1 in this area

    83 Total Sales

    Section Image

  • A

    Seller's Agent in 2012

    Allen Tomlinson

    Taylor Properties

    Section Image

  • J

    Seller Co-Listing Agent in 2012

    Jearline Williams

    Long & Foster

    Section Image
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Map

Source: Bright MLS

MLS Number: DCDC2071946

Bright MLS

APN: 3776-0001

District of Columbia District of Columbia County Washington 20017 Michigan Park

742 Faraday Place NE, Washington, DC

This home is located at 742 Faraday Place NE, Washington, DC 20017 since 21 October 2022 and is currently estimated at $493,758, approximately $406 per square foot. This property was built in 1949. 742 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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