Property Attributes
- MLS#DCDC2121516
- TypeContingent
- CountyWASHINGTON
- CityWashington
- NeighborhoodCongress Heights
- Zip20032
- StyleColonial
- Year Built1941
- Taxes$ 2627
- Price$ 305,000
- Bedrooms3
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1744
- Lot Size2,614 SqFt
Data Source:
Bright MLS
Property Description
TOPA Title Underwriting Completed. TOPA Affidavit signed by Tenant and notarized 5/8/24. All other title work completed, as well. THIS IS A WONDERFUL FIXER-UPPER INVESTMENT (*OPPORTUNITY ZONE*, see below) OR OWNER OCCUPANT PROPERTY ON A LOVELY TREE-LINED, HOMEOWNER BLOCK. 2 LARGE BEDROOMS ON THE TOP FLOOR; 1 DECENT-SIZED BEDROOM IN BASEMENT. BASED ON THE CURRENT CONFIGURATION AND WITH >1900SF OF INTERIOR SPACE. BUYER CAN EASILY ADD ADDITIONAL BEDROOMS AND A 1/2 BATH ON THE MAIN FLOOR, WHICH INCLUDES A BEAUTIFUL WOOD-BURNING FIREPLACE. PROPERTY ALREADY HAS A GOOD BASEMENT CEILING HEIGHT, APPROXIMATELY 7-FEET, NO NEED TO DIG DOWN FOR ADDED VALUE. ARV $489K, EST. (THE CONNECTED PROPERTY NEXT DOOR, SAME SF SOLD FOR $495K) PROPERTY HAS GREAT POTENTIAL, BUT NEEDS WORK. DATED BATHROOMS AND KITCHEN. GREAT BONES. Property Being Sold Strictly As-Is. Plat attached: Image 6. INVESTOR ALERT. INVESTOR SPECIAL. Buying and investing in a property in an *OPPORTUNITY ZONE can provide a great opportunity for capital gains tax deferral, reduction and abatement, ETC., possibly even better than the 1031 Exchange, they say... Market rent, $2200. Property has 1 conventional (non-HCVP, non-Section 8) tenant paying $1,500 per month, plus all utilities (gas, water and electric). Solid rent payment history. Tenant is on a month-to-month lease; lives with 1 "authorized occupant" adult relative; and no rent increases have ever been levied. Pictures include Before Tenant Moved in and Current Condition, as Tenant never contacted Landlord to complain or report any issues for numerous years. BUYER FULLY RESPONSIBLE FOR THEIR OWN DUE DILIGENCE.
Price History | |
---|---|
12/12/2023 | Listed $329,000 |
2/8/2024 | 7% - $309,000 |
2/16/2024 | 4% - $299,000 |
2/26/2024 | 7% - $279,000 |
3/9/2024 | 1% - $278,900 |
3/14/2024 | 1% - $278,800 |
3/20/2024 | 1% - $278,700 |
3/29/2024 | 1% - $278,600 |
General Features
Interior Features | Floor Plan - Traditional,Formal/Separate Dining Room |
---|---|
Sewer | Public Sewer |
Heating | Radiator |
Cooling | Central A/C,Window Unit(s) |
Utilities | Electric Available,Natural Gas Available,Sewer Available |
Possession | Settlement |
Exterior Features | Awning(s),Sidewalks,Street Lights |
Zoning | R-3 |
Patio/Porch Features | Porch(es),Deck(s) |
Architectural Style | Colonial |
Security Features | Window Grills |
Construction Materials | Brick |
Year Built | 1941 |
Levels | 3 |
Tax Year | 2023 |
Percent Ownership | Fee Simple |
Cool Fuel | None |
Contingency Type | Other |
Accessibility | None |
County | WASHINGTON |
New Construction | No |
Property Type | Residential |
HOA / Comm Assn | No |
Energy Efficient | Fireplace/Wood Stove |
Subdivision Name | CONGRESS HEIGHTS |
Garage Y/N | No |
Water Access Y/N | No |
Other Structures | Above Grade,Below Grade |
Status | ACTIVE UNDER CONTRACT |
Directions | From 295,Take the Malcom X Avenue Exit,Turn left. Property is on the left. PROPERTY IS CONVENIENTLY LOCATED RIGHT OFF OF MALCOLM X AVENUE,LESS THAN A MILE FROM THE MULTI-MILLION DOLLAR ST ELIZABETH' |
ModificationTimestamp | 2024-05-15T07:36:26 |
City | WASHINGTON |
Senior Community Y/N | No |
Lot Size Square Feet | 2475.00 |
Tax Assessed Value | 318400.0 |
Waterfront Y/N | No |
Street Name | OAKWOOD |
Tax Annual Amount | 2627.7 |
Property Condition | Average |
Structure Type | Twin/Semi-Detached |
Condo/Coop Association Y/N | No |
Bathrooms Count Main Level | 0.00 |
Price Per Sq Ft | 237.54 |
Acceptable Financing | Cash,Private,Other |
Additional Parcels Y/N | No |
Historic Y/N | No |
Vacation Rental Y/N | No |
Total SQFT | 1926 |
Days on Market | 71 |
Standard Status | Active Under Contract |
Year Built Source | Assessor |
Legal Subdivision | Congress Heights |
Tax Lot | 29 |
Buyer Agent Compensation Type | % Of Gross |
Association Recreation Fee | No |
Interior Features
Heating Fuel | Natural Gas |
---|---|
Basement | Unfinished,Connecting Stairway,Daylight,Full,Windows,Walkout Level,Walkout Stairs,Rear Entrance |
Total Fireplaces | 1 |
Fireplace Features | Mantel(s),Brick |
Hot Water | Natural Gas |
Basement (Y/N) | Yes |
Heating Y/N | Yes |
Fireplace Y/N | Yes |
Above Grade Finished Area | 1284 |
Full Baths | 2 |
Street Suffix | STREET |
Central Air Y/N | Yes |
Total Bedrooms | 3 |
Below Grade Finished Area | 460 |
Room Type | Living Room,Dining Room,Bedroom 2,Kitchen,Den,Bedroom 1,Laundry,Storage Room,Utility Room,Bathroom 1,Bathroom 2 |
Below Grade Finished Area Unit Type | Square Feet |
LivingAreaSource | Assessor |
Laundry Type | Basement,Has Laundry,Dryer In Unit,Washer In Unit,Lower Floor |
Below Grade Unfin Area Units | Square Feet |
Below Grade Unfin SQFT | 182 |
Below Grade Unfin SQFT Source | Assessor |
Below Grade Finished Area Source | Assessor |
Bedrooms Count All Lower Levels | 1 |
Bedrooms Count All Upper Levels | 2 |
Bedrooms Count Lower Level 1 | 1 |
Bedrooms Count Upper Level 1 | 2 |
Bathrooms Full Upper Level 1 | 1 |
Bathrooms Full Lower Level 1 | 1 |
Bathrooms Full All Upper Levels | 1 |
Bathrooms Full All Lower Levels | 1 |
Bathrooms Count Upper Level 1 | 1.00 |
Bathrooms Count Lower Level 1 | 1.00 |
Bathrooms Count All Upper Levels | 1 |
Bathrooms Count All Lower Levels | 1 |
Above Grade Finished Area Source | Assessor |
Above Grade Finished Area Unit Type | Square Feet |
Total Baths | 2 |
Exterior Features
Pool | No Pool |
---|---|
Fencing | Wrought Iron,Decorative,Chain Link,Fully,Rear |
Parking Features | Paved Parking,Public |
Lot Features | Front Yard,SideYard(s),Rear Yard,Landlocked |
Water Source | Public |
Type of Parking | On Street |
Foundation Details | Slab |
Water View Y/N | No |
Lot Size Acres | 0.06 |
Road Surface Type | Paved |
Lot Size Units | Square Feet |
Lot Size Source | Assessor |
Soil Types | Urban Land-Sassafras-Chillum |
Road Responsibility | Public |
Land Assessed Value | 139390.00 |
Navigable Water Y/N | No |
Water Oriented Y/N | No |
Room Details
Room | Dimensions | Level | Flooring | Details |
---|---|---|---|---|
Bathroom 1 | Upper 1 | |||
Bathroom 2 | Lower 1 | |||
Bedroom 1 | Upper 1 | |||
Bedroom 2 | Upper 1 | |||
Bedroom 2 | Lower 1 | |||
Den | Lower 1 | |||
Dining Room | Main | |||
Kitchen | Main | |||
Laundry | Lower 1 | |||
Living Room | Main | |||
Storage Room | Lower 1 | |||
Utility Room | Lower 1 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool