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1638 16th Street SE, Washington, DC 20020
$765,000
1638 16th Street SE, Washington, DC 20020View this property at 1638 16th Street SE, Washington, DC 20020
1638 16th Street SEWashingtonDC20020
Property Description
TAKING BACK UP OFFERS AND SHOWINGS ARE STILL WELCOMED. 2.75% ASSUMABLE VA MORTGAGE!! 1638 16th Street SE is a completely, gut renovated, turn-key two-unit property directly across the street from Anacostia high school. Live in one unit and have the tenant pay the majority of your mortgage, or rent out both units and cash flow $1,000/month! Renovated in 2020, the building consists of two apartment units. Both units are three bedrooms, and each unit has one full and one half bathroom. Each unit has a gourmet kitchen with stainless steel appliances, granite countertops, and gas stoves. Luxury vinyl plank flooring and washer and dryer units in each unit make this a highly desirable and maintainable rental. The building can gross up to $52,992 with each unit renting for $2,208/month with utilities included for Section 8 Voucher tenants. Potential to add two parking spaces in the rear with a new gate and other value add options are possible. RA-2 zoning allows for additional development in the future. Current FAR is 0.85, zoning permits up to 1.8 by right, which would translate to over 1800 additional square feet that could be added. Anacostia has been one of the area's zip codes with the best appreciation over the past five years with the median home price in Anacostia, increasing 32.2% compared to 2018. With the development of Phase II of The Wharf, St. Elizabeth's and other private and public developments, we expect to continue to see significant appreciation and value in Southeast DC.
Full Property Details
Full Property Details for 1638 16th St SE
General
- Price: $765,000
- Taxes: $4,806 (2022)
- Status: Under Contract
- Type: Townhouse
- MLS ID: DCDC2099280
- Updated: 3/26/2024
- Added to Site: 334 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 2
- Half Bathrooms: 2
- Upper Floor Baths: 2
- Upper - Full Baths: 1
- Upper - 1/2 Baths: 1
- Main Floor Baths: 2
- Main - Full Baths: 1
- Main - 1/2 Baths: 1
Bedrooms
- Total Bedrooms: 6
- Bedrooms Upper: 3
- Bedrooms Main & Up: 3
Parking
- Parking Type: Driveway, Off Street
Location
- County: Washington
- Development Name: Anacostia
- Subdivision: Anacostia
- Driving Directions: 16th & R St, SE.
- City Limits: Yes
School Information
- School District: District Of Columbia Public Schools
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Art Deco
- Architectural Style: Art Deco
- Structure Type: Interior Row/Townhouse
- Construction: Brick
- Foundation: Other
- Stories/Levels: 0
- Stories Description: Main, Upper 1
- Square Feet: 1,700
- Sq. Ft. Source: Assessor
- Living Area: 1,700 Sq. Ft.
- Year Built: 1935
- Year Built Source: Assessor
Lot Features
- Lot Size (Acres): 0.05
- Lot Size (Sq. Ft.): 1,983
- Lot Size Source: Assessor
- Zoning: RA-2
Financial Considerations
- Price Per Sq. Ft.: $450
- Assessment Year: 2022
- City/TownTax: $4,806
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $625,740
- Tax Amount: $4,806
- Tax Year: 2022
- Tax Total Finished Sq. Ft.: 1700
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Ownership: Fee Simple
- Lot Number: 805
Listed by Keller Williams Capital Properties, Russell Lyons and Keller Williams Capital Properties, Carlos A Garcia
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Schools
Schools serving 1638 16th St SE
School District:District Of Columbia Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
1919 15th St Se, Washington, DC 20020 | PK-5 | 0.3 mi | |
1700 Q St Se, Washington, DC 20020 | 6-8 | 0.1 mi | |
1601 16th St Se, Washington, DC 20020 | 9-12 | 0.1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1638 16th St SE
Date
Details
Price
Change
Source
6/23/2023
Listed
$765,000
17.69%
MLS
4/30/2021
Sold
$650,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1638 16th St SE
Year
Property Taxes
Change
Tax Assessment
Change
2023
$5,423
13%
$625,740
11%
2022
$4,806
-42%
$565,420
99%
2021
$8,295
263%
$283,590
5%
2020
$2,287
10%
$269,050
10%
2019
$2,071
7%
$243,680
7%
2018
$1,932
5%
$227,350
5%
2017
$1,848
9%
$217,420
9%
2016
$1,700
6%
$200,050
6%
2015
$1,608
16%
$189,230
16%
2014
$1,390
—
$163,560
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1638 16th St SE
1638 16th Street SE, Washington, DC 20020 (MLS# DCDC2099280) is a Townhouse property with 6 bedrooms, 2 full bathrooms and 2 partial bathrooms. 1638 16th Street SE is currently listed for $765,000 and was received on June 23, 2023. Want to learn more about 1638 16th Street SE? Do you have questions about finding other Townhouse real estate for sale in Washington? You can browse all Washington real estate or contact a Coldwell Banker agent to request more information.