NOT LISTED FOR SALE
Studio
1 Bath
-- Sq Ft
2,312 Sq Ft Lot

Last Sold May 20, 2022

Last sale price $1,475,000

68 Days on Market

Highlights

  • More Than Two Accessible Exits
  • Central Air
  • Dwelling with Separate Living Area
  • Brick Front
  • Hot Water Heating System
  • 4-minute walk to Rosedale Recreation Center

About This Home

As of May 2022

Buyer financing failed. The building was appraised for $1.6 Million, above the listing price! FHA with 3.5% down, VA loan, Conventional loan, 1031 Exchange accepted. Don't wait too long to own this luxurious 3 fully self-contained units building. Certificate of Occupancy is already in hand.

Welcome to your luxurious new stunning three-unit boutique building just off the H Street Corridor, in the heart of DC!
Seeking the perfect live/work/play balance?
These light & bright three 2 bedroom, 2 bath units are newly constructed and ready for you! Enjoy the third unit Penthouse unit WITH BALCONY features walls of windows, tall ceilings, and new floorings throughout the main living space and bedrooms. The kitchen highlights include quartz countertops, gas cooking, stainless steel appliances & custom glass shower door. With all-new plumbing, electrical, and central HVAC systems. The unit also includes a new full-size washer and full-size dryer.
All units are equipped with modern white shaker cabinetry with matte black hardware, all solid core interior doors for noise reduction, and brand-new stainless steel appliances.
You can enjoy your huge outdoor space using front and rear yards and balconies with a view of DC’s historic landmarks. You can live in a luxurious Penthouse unit (2bed/2.5 bath) and rent the other two units (2bed/2bath) for cash flow. You can have the other two rented units pay your mortgage and live close to free of a mortgage! Potential AirBnb +$8,000 earning from two rented units per month. Enjoy your outdoor cooking at the fenced deep lot which includes a garden and concrete patio. Or use the front porch or front garden area with a street view and Benning road traffic & DC Streetcar.
Off-street parking is available at the rear. Investors allowed.

Conventional, HPAP, VA, Conventional, 1031 Exchange all welcome.

Take advantage of today's low-interest rate or reinvest using 1031 exchange.
Be a multi-unit property owner in a rapid market growing NE DC area.

Last Agent to Sell the Property

Dereje Feleke

(410) 209-9013 dereje.feleke1@gmail.com Fathom Realty MD, LLC License #5003997 Listed on: 02/09/2022

Fathom Realty MD, LLC

Last Buyer's Agent

Dereje Feleke

(410) 209-9013 dereje.feleke1@gmail.com Fathom Realty MD, LLC License #5003997 Listed on: 02/09/2022

Fathom Realty MD, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,125

Year Built

  • Built in 1927

Lot Details

  • 2,312

Home Design

  • Side-by-Side
  • Dwelling with Rental
  • Converted Dwelling
  • Frame Construction
  • Batts Insulation
  • Cement Siding
  • Brick Front
  • Concrete Perimeter Foundation
  • HardiePlank Type
  • CPVC or PVC Pipes
  • Masonry

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Parking Lot
  • Off-Street Parking

Utilities

  • Central Air
  • Heat Pump System
  • Hot Water Heating System
  • Electric Water Heater

Additional Features

  • More Than Two Accessible Exits
  • 2,312 Sq Ft Lot
  • Dwelling with Separate Living Area
  • Finished Basement

Community Details

  • 3 Units

Listing and Financial Details

  • Tax Lot 100
  • Assessor Parcel Number 4507//0100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,125

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Unit/Flat, Side-By-Side, Converted Dwelling, Dwelling W/Separate Living Area, Dwelling With Rental
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Expected On Market: 2022-02-09
  • Year Built: 1927
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Foundation Details: Concrete Perimeter
  • Basement: Yes
  • Basement Type: Fully Finished
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Batts Insulation, Block, Brick Front, Cement Siding, Concrete, Cpvc/Pvc, Frame, Hardiplank Type, Masonry
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street, Parking Lot
  • Parking Lot Number Of Spaces: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 176490.00
  • Land Assessed Value: 339930.00
  • Lot Size Acres: 0.05
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2312.00
  • Soil Types: Unknown
  • Zoning: RF-4
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16079972
  • Tax Annual Amount: 4125.00
  • Assessor Parcel Number: 4507//0100
  • Tax Lot: 100
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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Sold Price
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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
05/20/2022 05/20/22 Sold $1,475,000 -4.8% --
04/19/2022 04/19/22 Pending -- -- --
02/21/2022 02/21/22 Price Changed $1,549,000 -2.3% --
02/09/2022 02/09/22 For Sale $1,585,000 -- --
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
2025 $11,058 $1,300,900 $380,530 $920,370
2024 $4,852 $1,361,030 $378,640 $982,390
2023 $4,717 $554,900 $378,450 $176,450
2022 $4,390 $516,420 $339,930 $176,490
2021 $4,126 $485,370 $327,800 $157,570
2020 $3,908 $459,740 $308,950 $150,790
2019 $3,599 $423,450 $288,140 $135,310
2018 $3,106 $365,460 $0 $0
2017 $1,348 $339,490 $0 $0
2016 $1,231 $299,520 $0 $0
2015 $1,122 $253,610 $0 $0
2014 $1,029 $193,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC2034320

Bright MLS

APN: 4507 0100