NOT LISTED FOR SALE

Estimated Value: $756,000

-- Bed
4 Baths
-- Sq Ft
7,500 Sq Ft Lot

Last Sold August 31, 2017

Last sale price $3,400,000

Current estimated payment $4,733/month

21 Days on Market

Highlights

  • 0.17 Acre Lot
  • Hot Water Heating System
  • 3-minute walk to Emery Heights Community Center

About This Home

As of August 2017

What does A RARE FIND + PRIME LOCATION amount to----A GREAT OPPORTUNITY!!! Amazing Condo-Conversion Potential or Keep as APARTMENT Rental. Several Key City Bus routes Easy Access & Not far From Metro, Rock Creek Park, and the Vibrant Walter Reed Dvlpmt and Surrounding areas! MAIN LEVEL already Renovated - building needs the right developer with VISION!

Last Listed By

Kimberly Rice

TTR Sotheby's International Realty Listed on: 03/09/2017

TTR Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,694

Year Built

  • Built in 1927

Lot Details

  • 7,500 Sq Ft Lot

Home Design

  • Brick Exterior Construction

Basement

  • Walk-Out Basement
  • Front, Rear, and Side Basement Entry

Utilities

  • Hot Water Heating System
  • Electric Water Heater

Listing and Financial Details

  • The owner pays for insurance, management, repairs, real estate taxes, all utilities
  • Tax Lot 27
  • Assessor Parcel Number 2993//0027

Community Details

Overview

  • Property has a Home Owners Association
  • 26 Units
  • Petworth Subdivision

Building Details

  • Income includes apartment rentals
  • Operating Expense $50,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,694

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Year Built: 1927
  • Remarks Public: What does A RARE FIND + PRIME LOCATION amount to----A GREAT OPPORTUNITY!!! Amazing Condo-Conversion Potential or Keep as APARTMENT Rental. Several Key City Bus routes Easy Access & Not far From Metro, Rock Creek Park, and the Vibrant Walter Reed Dvlpmt and Surrounding areas! MAIN LEVEL already Renovated - building needs the right developer with VISION!
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Outside Entrance, Side Entrance, Front Entrance, Rear Entrance, Walkout Level
  • Street Number Modifier: 839

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

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Electric
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • School District Key: 121140357950

Green Features

  • Green Verification: No

Lot Info

  • Improvement Assessed Value: 1866280.00
  • Land Assessed Value: 415950.00
  • Lot Size Acres: 0.17
  • Lot Size Area: 7500
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7500.00
  • Property Attached Yn: Yes
  • Soil Types: Unknown
  • Year Assessed: 2016
  • Zoning: UNKNOWN
  • In City Limits: Yes

Rental Info

  • Lease Term: Negotiable
  • Owner Pays: Insurance, Management, Repairs, Taxes - Real Estate, All Utilities
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16048929
  • Tax Annual Amount: 14694.38
  • Assessor Parcel Number: 2993//0027
  • Tax Lot: 27
  • Tax Year: 2016
  • Close Date: 08/31/2017

Multi Family

  • Gross Income: 33000.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 50000.00
  • Vacancy Allowance Rate: 79.00

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 22, 2023
Sold by
Conchita Marlow Baylor Trust
Bought by
Lucero Milton R Ochoa and Grijalva Ana M
Total Days on Market
21
Current Estimated Value
$756,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$684,000
Outstanding Balance
$671,488
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2018
Sold by
Estate Of Reva J Baker
Bought by
Poole Conchita Marlow and Conchita Marlow Baylor Trust

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
Lucero Milton R Ochoa $760,000 Cardinal Title Group
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lucero Milton R Ochoa $684,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2017 08/31/17 Sold $3,400,000 +30.8% --
03/30/2017 03/30/17 Pending -- -- --
03/09/2017 03/09/17 For Sale $2,600,000 -- --
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
2024 $6,253 $735,680 $399,580 $336,100
2023 $6,093 $716,780 $390,270 $326,510
2022 $2,489 $671,860 $361,020 $310,840
2021 $2,381 $636,520 $355,750 $280,770
2020 $4,179 $622,310 $338,760 $283,550
2019 $1,371 $491,230 $314,520 $176,710
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004218049

Bright MLS

APN: 3746-0003