NOT LISTED FOR SALE

Estimated Value: $995,000 - $1,418,000

5 Beds
2.5 Baths
2,522 Sq Ft
$476/Sq Ft Est. Value

Last Sold February 16, 2024

Last sale price $1,000,000 $397 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $6,936/month

40 Days on Market

Highlights

  • 0.04 Acre Lot
  • No HOA
  • Historic Home
  • Traditional Architecture
  • Forced Air Heating and Cooling System
  • 1-minute walk to Virginia Avenue Park

About This Home

As of February 2024

Flexible 2900 sq ft corner property near the historic main gate of the Washington Navy Yard and just off the bustling 8th Street/Barracks Row corridor - available for the first time in over 40 years! According to a history of the property, this brick building with the separate addresses of 929 and 931 Potomac Avenue SE was built probably in the 1840s - and since then it has had a fascinating dual commercial and residential history: retail grocery/bakery store, several residential apartments, offices of a technology company, the home to a learning organization and a large single family home. Most recently the combined spaces have been the personal residence of its current owner with a 2,522 sq ft floor plan of 5+ bedrooms, 2.5 bathrooms on three floors and with a 375 sq ft utility basement. 929/931 Potomac sits on a large corner 1621 sq ft lot. Per tax records, the zoning has commercial PDR-1 overlay, and the owner's current tax use code is 011 (residential single family row), which presents a wide range of possible future opportunities in one of the most historic parts of Capitol Hill/Navy Yard. Rare opportunity to transform 929/931 Potomac Ave SE as you desire near the bustling Barracks Row corridor, and adjacent to the Marine Barracks, the US Transportation Department, National's Stadium, and the vibrant Navy Yard community. Across the street, don't miss the pretty and newly redone park, community veggie gardens, and playground. Equidistant to Eastern Market + Navy Yard METROs. Walk Score 90, Bike Score 91.

Last Agent to Sell the Property

Andrew Glasow

(202) 285-3600 aglasow@cbmove.com Coldwell Banker Realty - Washington License #sp98364388 Listed on: 09/20/2023

Coldwell Banker Realty - Washington

Co-Listed By

John Saddler

(202) 746-5738 fred.saddler@cbmove.com Coldwell Banker Realty - Washington License #667384

Last Buyer's Agent

Michele Pratt

(202) 915-6657 shelly@fulcrumpg.com Keller Williams Capital Properties License #5006988

Keller Williams Capital Properties

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,582

Year Built

  • Built in 1900

Lot Details

  • 1,621 Sq Ft Lot
  • Decorative Fence
  • Historic Home

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • Property has 3 Levels
  • Laundry on main level

Bedrooms and Bathrooms

  • 5 Bedrooms

Basement

  • Partial Basement
  • Connecting Stairway

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association
  • Capitol Hill Subdivision, Flex Res/Comm Floorplan

Listing and Financial Details

  • Tax Lot 21
  • Assessor Parcel Number 0952//0021

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,582

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Historic: Yes
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Expected On Market: 9/22/2023 12:00:00 AM
  • Federal Flood Zone: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace: No
  • Foundation Details: Brick/Mortar
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Connecting Stairway, Partial
  • Laundry Type: Main Floor
  • Total Sq Ft: 2897
  • Living Area Sq Ft: 2522
  • Price Per Sq Ft: 436.16
  • Above Grade Finished Sq Ft: 2522
  • Below Grade Sq Ft: 375
  • Total Below Grade Sq Ft: 375
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 1.00
  • Upper Level 2 Bathrooms: 1.00
  • Main Level Half 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
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Fencing: Decorative
  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1621.00
  • Soil Types: Urban Land-Sassafras-Chillum
  • Zoning: RESIDENTIAL/PDR-1 OVERLAY
  • In City Limits: Yes

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 6582.00
  • Assessor Parcel Number: 0952//0021
  • Tax Lot: 21
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2023
Closed on
Feb 15, 2024
Sold by
Samuel Lawrence
Bought by
Jasana Llc
Seller's Agent
Andrew Glasow
Coldwell Banker Realty - Washington
Buyer's Agent
Michele Pratt
Keller Williams Capital Properties
List Price
$1,100,000
Sold Price
$1,000,000
Premium/Discount to List
-$100,000
-9.09%
Views
114
Current Estimated Value
$1,201,286

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,286
Avg. Annual Appreciation
10.13%
Original Mortgage
$592,000
Outstanding Balance
$580,936
Interest Rate
6.6%
Estimated Equity
$620,350
Source: Public Records
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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
Jasana Llc $1,000,000 Universal Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jasana Llc $592,000
Closed Jasana Llc $740,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/16/2024 02/16/24 Sold $1,000,000 -9.1% $397 / Sq Ft
10/30/2023 10/30/23 Pending -- -- --
09/20/2023 09/20/23 For Sale $1,100,000 -- $436 / 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
2025 $7,863 $925,000 $489,430 $435,570
2024 $3,388 $911,630 $487,000 $424,630
2023 $6,668 $907,700 $483,970 $423,730
2022 $6,582 $853,090 $456,590 $396,500
2021 $6,589 $851,490 $452,060 $399,430
2020 $3,157 $818,560 $437,560 $381,000
2019 $3,016 $789,560 $424,560 $365,000
2018 $2,878 $756,150 $0 $0
2017 $2,620 $706,800 $0 $0
2016 $2,385 $674,210 $0 $0
2015 $2,169 $606,340 $0 $0
2014 $1,977 $535,380 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DCDC2112276

Bright MLS

APN: 0952-0021