3319 12th St NE Washington, DC 20017
Brookland NeighborhoodEstimated payment $10,805/month
Highlights
- New Construction
- Hot Water Heating System
- Property is in excellent condition
- Contemporary Architecture
About This Home
Unlock a high-yield development opportunity in Brookland's thriving core. This 9-unit, fully permitted site on 12th Street offers immediate construction potential. Approved plans feature 6 two-bedroom and 3 one-bedroom residences, designed to meet the growing demand in this rapidly appreciating neighborhood. This project is projected to deliver a significant 20% profit margin. A comprehensive due diligence package, including detailed proforma, comparable sales, and architectural plans, is available upon request. Benefit from established debt and equity partnerships already secured for this site. Position yourself for substantial returns in Brookland's dynamic market.
Property Details
Home Type
- Multi-Family
Year Built
- 1916
Lot Details
- 3,500 Sq Ft Lot
- Property is in excellent condition
Parking
- On-Street Parking
Home Design
- Contemporary Architecture
Utilities
- Hot Water Heating System
Community Details
- 2 Units
Listing and Financial Details
- Tax Lot 29
- Assessor Parcel Number 3930//0029
Map
Home Values in the Area
Average Home Value in this Area
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 | $35,898 | $717,950 | $368,060 | $349,890 |
| 2023 | $5,892 | $693,120 | $357,770 | $335,350 |
| 2022 | $5,431 | $638,920 | $329,630 | $309,290 |
| 2021 | $30,722 | $614,440 | $324,770 | $289,670 |
| 2020 | $5,071 | $596,620 | $316,860 | $279,760 |
| 2019 | $4,892 | $575,510 | $301,460 | $274,050 |
| 2018 | $4,709 | $553,990 | $0 | $0 |
| 2017 | $4,283 | $503,870 | $0 | $0 |
| 2016 | $4,070 | $478,850 | $0 | $0 |
| 2015 | $3,588 | $422,170 | $0 | $0 |
| 2014 | $3,018 | $355,090 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/18/2025 03/18/25 | For Sale | $1,399,900 | 0.0% | $563 / Sq Ft |
| 04/11/2019 04/11/19 | Rented | $4,200 | 0.0% | -- |
| 03/14/2019 03/14/19 | For Rent | $4,200 | +7.7% | -- |
| 08/01/2018 08/01/18 | Rented | $3,900 | 0.0% | -- |
| 07/30/2018 07/30/18 | Under Contract | -- | -- | -- |
| 06/13/2018 06/13/18 | For Rent | $3,900 | -7.1% | -- |
| 04/01/2012 04/01/12 | Rented | $4,200 | -6.7% | -- |
| 04/01/2012 04/01/12 | Under Contract | -- | -- | -- |
| 04/01/2012 04/01/12 | For Rent | $4,500 | -- | -- |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $825,000 | Allied Title | |
| Trustee Deed | $810,000 | None Available | |
| Special Warranty Deed | $850,000 | None Available | |
| Warranty Deed | $462,000 | -- | |
| Deed | $149,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $123,775 | No Value Available | |
| Open | $618,725 | Construction | |
| Previous Owner | $50,000 | Construction | |
| Previous Owner | $697,021 | Construction | |
| Previous Owner | $607,500 | Credit Line Revolving | |
| Previous Owner | $637,500 | Commercial | |
| Previous Owner | $91,800 | Commercial | |
| Previous Owner | $369,200 | Commercial | |
| Previous Owner | $325,000 | Commercial | |
| Previous Owner | $134,100 | Commercial |
Source: Bright MLS
MLS Number: DCDC2190752
APN: 3930-0029
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