NOT LISTED FOR SALE

Estimated Value: $115,687 - $152,000

2 Beds
1 Bath
700 Sq Ft
$338/mo HOA Fee

Last Sold August 21, 2019

Last sale price $45,000 $64 Per Sq Ft

Est. 196% increase in value since last sale

Current estimated payment $1,141/month

13 Days on Market

Highlights

  • Manor Architecture
  • Forced Air Heating and Cooling System
  • Property is in very good condition

About This Home

As of August 2019

Investor special! 5 renovated condos, $45K each.Tenants already in place, at significant below market pricing. Total monthly rents $3613 for 5 units. All in nice shape. Prefer to sell all to 1 buyer. A little tough to get in but price is worth it. 10 percent cap rate! Deals like this don t come around often.

Last Agent to Sell the Property

Nathan Tate

RE/MAX Allegiance Listed on: 06/13/2019

RE/MAX Allegiance

Last Buyer's Agent

Nathan Tate

RE/MAX Allegiance Listed on: 06/13/2019

RE/MAX Allegiance

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1949

Lot Details

  • 1,307

HOA Fees

  • $338 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Manor Architecture
  • Brick Exterior Construction

Interior Spaces

  • 700 Sq Ft Home
  • Property has 3 Levels

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Additional Features

  • Property is in very good condition
  • Forced Air Heating and Cooling System

Community Details

  • Association fees include management, sewer, water, trash
  • Low-Rise Condominium
  • Congress Heights Community
  • Congress Heights Subdivision

Listing and Financial Details

  • Tax Lot 2024
  • Assessor Parcel Number 5925//2024

Property Details

Home Type

Condominium

Year Built

Built in 1949

Lot Details

0

HOA Fees

$338 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Manor
  • Ownership: Condominium
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Year Built: 1949
  • Remarks Public: Investor special! 5 renovated condos, $45K each.Tenants already in place, at significant below market pricing. Total monthly rents $3613 for 5 units. All in nice shape. Prefer to sell all to 1 buyer. A little tough to get in but price is worth it. 10 percent cap rate! Deals like this don t come around often.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Levels Count: 3+
  • Basement: No
  • Total Sq Ft: 700
  • Living Area Sq Ft: 700
  • Price Per Sq Ft: 64.29
  • Above Grade Finished Sq Ft: 700
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 914

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

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
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 338.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Fee Includes: Management, Sewer, Water, Trash
  • 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

  • Improvement Assessed Value: 37000.00
  • Land Assessed Value: 15850.00
  • Lot Size Acres: 0.03
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1496.00
  • Property Condition: Very Good
  • Soil Types: Urban Land-Beltsville-Chillum, Urban Land-Cristiana-Sunnysider
  • Year Assessed: 2018
  • Zoning: R3
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16152955
  • Tax Annual Amount: 686.00
  • Assessor Parcel Number: 5925//2024
  • Tax Lot: 2024
  • Tax Total Finished Sq Ft: 700
  • Tax Year: 2018
  • Close Date: 08/21/2019

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2019
Closed on
Aug 21, 2019
Sold by
Ashford Manor Llc
Bought by
Gallo Holdings Llc & Series 1
Seller's Agent
Nathan Tate
RE/MAX Allegiance
Buyer's Agent
Nathan Tate
RE/MAX Allegiance
List Price
$45,000
Sold Price
$45,000
Current Estimated Value
$133,422

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,422
Avg. Annual Appreciation
18.40%
Original Mortgage
$168,750
Outstanding Balance
$149,980
Interest Rate
3.8%
Mortgage Type
Commercial
Estimated Equity
-$24,730
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
Gallo Holdings Llc & Series 1 $225,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gallo Holdings Llc $27,000
Open Gallo Holdings Llc & Series 1 $168,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2019 08/21/19 Sold $45,000 0.0% $64 / Sq Ft
06/13/2019 06/13/19 For Sale $45,000 -- $64 / 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 $972 $129,490 $38,850 $90,640
2023 $886 $118,980 $35,690 $83,290
2022 $703 $96,460 $28,940 $67,520
2021 $782 $105,350 $31,600 $73,750
2020 $449 $52,850 $15,850 $37,000
2019 $449 $52,850 $15,850 $37,000
2018 $687 $80,810 $0 $0
2017 $692 $81,370 $0 $0
2016 $694 $81,670 $0 $0
2015 $694 $81,670 $0 $0
2014 -- $90,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC431370

Bright MLS

APN: 5925-2024