Under Contract
(MLS-listed)
Listed at: $2,500,000
626 INDEPENDENCE Ave SOUTHEAST WASHINGTON, DC 20003
| Beds: | - |
| Baths: | - |
| Sq. Ft.: | - |
| Lot Size: | 6,812 Sq. Ft. |
| Property Type: | Garden (1-4 Floors) |
| Stories: | 3 |
| Year Built: | 1956 |
| Community: | CAPITOL HILL |
| County: | District of Columbia |
| MLS#: | DC7166479 |
| Source: | MRIS |
| Status: | Contingent (Kick Out) |
| On Redfin: | 65 days |
18 units, 8-1BR/BA, 4-1BR/BA/DEN, 6-2BR/BA across from Eastern Market & Metro. Built 1956 3 story garden apts. tenants pay sep gas/elec meters. Rents approx $16,000/mo 192,000/yr, expenses approx 67,000/yr. est. c/o for 18 units & busn. lic. in place. 8 car parking in rear. Call to show. limited access to units. M, W, F 1-4PM
Listing Price Information
- Low Price: $2,500,000
- Original Price: $2,500,000
Building Information
- # of Units: 18
- Concrete Slab Foundation
- Brick Exterior
Lot Information
- Lot #: 857
- Acres (Lot Area): 0.156382
Multi-Family Financial Information
- Gross Income: $192,000
- Monthly Gross Rent: $16,008
- Expenses: $66,000
- Owner Pays Accounting/Legal
- Owner Pays Advertising/Licenses & Permits
- Owner Pays Property Insurance
- Owner Pays Property Management
- Owner Pays Repairs and Maintenance
- Owner Pays Reserves for Replacement
- Owner Pays Staff Apartment
- Owner Pays Taxes (Real Estate)
Assessment Information
- Year: 2008
- Total Assessment: $2,451,700.00
- Total Assessment Frequency: Annually
- Land Assessment: $1,410,080.00
- Land Assessment Frequency: Annually
- Improvement Assessment: $1,041,620.00
- Improvement Assessment Frequency: Annually
Heating & Cooling
- Forced Air Heat
- Natural Gas Heating
- Window Unit(s)
- Electric Cooling
Parking & Garage
- On-Site Parking for Rent
- Surface
Land Use Information
- Urban Land (Sassafras/Chillum)
Location Information
- Directions: US Capitol, to Indep. Ave SE to 600 Block. Or Off 295 on 6th Street exit to 6th and Indep AV SE
Listing Information
- Listing Date: Wednesday, September 23, 2009
- Status Change Date: Friday, November 13, 2009 11:54 AM
- Contract Date: 2009-11-11
- Last Contingency Type: Other
- Last Contingency Hours On Kickout: 9000
- Last Contingency Expires: 2010-01-22
- Contingency: Other
- Type: Exclusive Right To Sell
- Not a Potential Short Sale
Water & Sewer
- Public Sewer
- Public Water
- Hot Water: Electric
Property Information
- Tax Legal Subdivision: CAPITOL HILL
- Block or Square: 0870
- Metering: Electric Meters are Separate
- Metering: Gas Meters are Separate
- Election District: 6
- Zoning: R4
Multi-Family Features
- Vacancy Factor (%): 5.0
- # of 1 Bedroom Units: 12
- # of 2 Bedroom Units: 6
- Lease Terms Mixed
Finances & Fees
- Tax Year: 2008
- Total Taxes: $21,574.96
- Total Taxes Frequency: Annually
- City Tax: $18,533.15
- City Tax Frequency: Annually
- Possession: Settlement
Listing last changed
November 13, 2009, 11:54 AM
NOTICE: The local MLS requires that we register you before displaying all available listing information (Why?). Registering
does not require you to work with us and we promise not to spam you, ever. Register or Sign In Now
Overhead View of 626 INDEPENDENCE Ave SOUTHEAST, WASHINGTON, DC 20003
Sites Linking to 626 INDEPENDENCE Ave SOUTHEAST
Property History for 626 INDEPENDENCE Ave SOUTHEAST
| Date | Event | Price | Appreciation | Source |
|---|---|---|---|---|
| Sep 23, 2009 | Listed | $2,500,000 | -- | MRIS #DC7166479 |
Public Facts for 626 INDEPENDENCE Ave SOUTHEAST
| Beds: | - |
| Baths: | - |
| Finished Sqft: | 13788 |
| Unfinished Sqft: | - |
| Total Sqft: | 13788 |
| Floors: | 3 |
| Lot Size: | 6,812 |
| Style: | Multi-Family (5+ Unit) |
| Year Built: | 1956 |
| Year Renovated: | - |
| County: | District of Columbia |
| APN: | 08700857 |
| Last Updated: | November 11, 2009 |
These facts may not match MLS-provided listing facts.
Learn more.
Source: Public Records
Property Tax
| Taxable Value | |
| Land | $1,410,080 |
| Additions | $1,256,920 |
| Total | $2,667,000 |
| Tax (2009) | $22,670 |
Home Value Estimates for 626 INDEPENDENCE Ave SOUTHEAST
Nearby Similar Listings
More Info
Closest listings similar to 626 INDEPENDENCE Ave SOUTHEAST:
|
$900,000
1424 L St SOUTHEAST |
1 miles - bd / - ba - Sq. Ft. |
|
$440,000
1900 MINNESOTA Ave SOUTHEAST |
1.63 miles - bd / - ba - Sq. Ft. |
|
$925,000
2100 15TH St SOUTHEAST |
1.79 miles - bd / - ba - Sq. Ft. |
|
$1,250,000
1700 2ND St NORTHWEST |
1.98 miles - bd / - ba - Sq. Ft. |
|
$1,700,000
1516 MARION St NORTHWEST |
2 miles - bd / - ba - Sq. Ft. |
| Range: | $440,000 - $1,700,000 |
| Average: | - $/Sq. Ft. |
Nearby Similar Sales
More Info
Closest homes similar to 626 INDEPENDENCE Ave SOUTHEAST, which sold within the past six months:
|
$1,000,000
2 17TH St SOUTHEAST Sold on Jun 30, 2009 |
0.93 miles - bd / - ba - Sq. Ft. |
|
|
$1,312,495
1708 T St SE Sold on Jul 29, 2009 |
1.69 miles - bd / - ba 15,392 Sq. Ft. |
|
$540,000
2650 Q St SOUTHEAST Sold on Nov 13, 2009 |
1.92 miles - bd / - ba - Sq. Ft. |
|
|
$246,000
219 T St NE Sold on Nov 02, 2009 |
1.92 miles - bd / - ba 14,703 Sq. Ft. |
| Range: | $246,000 - $1,312,495 |
| Average: | $51/Sq. Ft. |
Link to this page at
http://www.redfin.com/DC/Washington/626-Independence-Ave-SE-20003/home/9900068
At Last! Redfin for the iPhone is here. And it's very, very sweet. Get your fix on the go. Upload on-the-spot photos to your account. Get it now.
Rave Reviews of our Agents
-
Buyer
in Dorsey Hall
(11/20/2009)
About Taylor Connolly
"After having dealt with many traditional real estate agents in the past, I would highly recommend Taylor who seemed very…" -
Buyer
in 20895
(11/18/2009)
About Taylor Connolly
"Taylor and the rest of the Redfin team (Anna and Dianna) did an excellent job. There was always someone reachable to pro…" -
Buyer
in Northwest
(11/13/2009)
About Fernando Ferrufino
"Fernando is great. Timely, tireless, and highly knowledgeable. He and his team navigated me through one contract cance…"
