NOT LISTED FOR SALE
Studio
4 Baths
2,340 Sq Ft
3,920 Sq Ft Lot

Last Sold September 20, 2018

Last sale price $560,000 $239 Per Sq Ft

5 Days on Market

Highlights

  • No HOA
  • Ceiling Fan
  • Property is in very good condition
  • Forced Air Heating and Cooling System

About This Home

As of September 2018

This four unit, one bedroom multi-family building is completely updated. Close to Benning Road Metro Station and the DC/MD Line. Currently 50% occupied with the 2 units on the 1st floor vacant on each side for viewing & showing purposes right now. Positive cash flow in one of the hottest cities in the nation. With over 1,000 people moving into the city each month, this property won't last long.

Last Agent to Sell the Property

Damon Brockenberry

(240) 737-5000 sold@damontheagent.com Keller Williams Preferred Properties License #BR40000470 Listed on: 05/18/2018

Keller Williams Preferred Properties

Last Buyer's Agent

Maurice Mckinney

(800) 840-2693 maurice@neighborhooduplift.com Neighborhood Uplift

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,264

Year Built

  • Built in 1944

Lot Details

  • 3,938 Sq Ft Lot
  • Property is in very good condition

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Ceiling Fan

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 36
  • Assessor Parcel Number 5341//0036

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Marshall Heights Subdivision

Building Details

  • Operating Expense $9,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,264

Year Built

Built in 1944

Lot Details

3,938 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1944
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: No
  • Price Per Sq Ft: 235.04

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: Ceiling Fan(s), Central A/C
  • Heating Fuel: Electric
  • 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: No
  • HOA: No

Lot Info

  • Improvement Assessed Value: 181390.00
  • Land Assessed Value: 125900.00
  • Lot Size Acres: 0.09
  • Lot Size Area: 3938
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3938.00
  • Property Condition: Very Good
  • Soil Types: Unknown
  • In City Limits: Yes

Rental Info

  • Lease Term: Negotiable
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16091490
  • Tax Annual Amount: 2263.98
  • Assessor Parcel Number: 5341//0036
  • Tax Lot: 36
  • Tax Year: 2017

Multi Family

  • Gross Income: 42240.00
  • Operating Expense: 9200.00
  • Vacancy Allowance Rate: 50.00
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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
09/20/2018 09/20/18 Sold $560,000 0.0% $239 / Sq Ft
09/19/2018 09/19/18 For Sale $560,000 0.0% $239 / Sq Ft
08/15/2018 08/15/18 Price Changed $560,000 +1.8% $239 / Sq Ft
05/23/2018 05/23/18 Pending -- -- --
05/18/2018 05/18/18 For Sale $550,000 -- $235 / Sq Ft
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 $4,540 $534,140 $159,840 $374,300
2024 $4,503 $529,710 $155,750 $373,960
2023 $4,382 $515,500 $152,760 $362,740
2022 $4,067 $478,430 $143,580 $334,850
2021 $3,680 $432,920 $142,950 $289,970
2020 $3,406 $400,760 $135,510 $265,250
2019 $3,149 $370,490 $134,720 $235,770
2017 $2,264 $266,350 $0 $0
2016 $1,472 $250,370 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001511198

Bright MLS

APN: 5341 0036

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