4329 Halley Terrace Southeast

4329 Halley Terrace Southeast

Washington, DC 20032

$625,000
Last Sold Price
—
Beds
2,556 Sq. Ft.
$245 / Sq. Ft.
2,556
Sq. Ft.
$245
per Sq. Ft.

Closed 6/28/21

Closed 6/28/21

a front view of a house
a front view of a building
a view of a workspace with furniture and a window
a spacious bathroom with a granite countertop sink a mirror and a bathtub
an empty room with a window
a white toilet sitting next to a bath tub

Description

Rare vacant 4-unit building in a burgeoning market. Vacant Asset - The asset will be delivered vacant, allowing new ownership the ability to implement their value-add strategy day one. TOPA-Free Asset - Because of its vacancy, the transaction is exempt from D. C.’s Tenant Opportunity to Purchase Act (TOPA), reducing the escrow period substantially and eliminating external expenses common during tenant negotiations. Approved Plans - Current ownership has completed preliminary site work and has conceptual...Rare vacant 4-unit building in a burgeoning market. Vacant Asset - The asset will be delivered vacant, allowing new ownership the ability to implement their value-add strategy day one. TOPA-Free Asset - Because of its vacancy, the transaction is exempt from D. C.’s Tenant Opportunity to Purchase Act (TOPA), reducing the escrow period substantially and eliminating external expenses common during tenant negotiations. Approved Plans - Current ownership has completed preliminary site work and has conceptual site plan approval to add bedrooms in all units. Increasing the bedroom density, will give future ownership the ability to double their NOI upon stabilization. Unused/Underutilized Square Footage - This building features substantial unused gross square footage in the lower level. Already excavated and underpinned, the unused square footage will allow the purchaser to increase their return on investment adding additional units and/or bedrooms to the building. Value-Add - This asset presents an opportunity to add value through some combination of physical upgrades, increase in rents, and/or additional rentable square footage. With the ability to add units in the lower level, as well as add bedrooms onto existing unit’s, ownership has the ability to increase the value of the investment day one. Self-Contained Asset - The building is separately-metered, meaning the tenant is fulling responsible for paying all utilities. Passing both electric and gas costs onto the tenant, will save ownership from future uncontrollable utility expenses.
  1. Listed by Ari Firoozabadi • Greysteel Company LLC
    P: 2022802722 dcmultifamily@greysteel.com

Property Details for 4329 Halley Terrace Southeast

Tax ID Number
6214//0008
Ownership
Fee Simple
HOA
No
Structure Type
Other
Style
Bi-level
Waterfront
No
Garage
No
Legal Subdivision
CONGRESS HEIGHTS

Location

Listing Courtesy of Greysteel Company LLC

Sold By Taylor Properties

Add your commute
LISTING UPDATED: 08/25/2022 09:02 AM

Property Details for 4329 Halley Terrace Southeast

StatusClosed
MLS #DCDC510086
Days on Market86
Taxes$2,674 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1942
Lot Size0.09 AC / 3,947 SF
CountyDistrict of Columbia

Location

Listing Courtesy of Greysteel Company LLC

Sold By Taylor Properties

Add your commute

Building Information for 4329 Halley Terrace Southeast

Stories-Residences4Year Built1942Building Size-Lot Size0.09 AC / 3,947 SF

Payment Calculator

$3,634 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,411

Property Taxes

$223

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4329 Halley Terrace Southeast

Location
Location
  • In City Limits: Yes
  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • School District County ID: 121140357950
  • SchoolDistrictSource: Listing Agent
  • County: WASHINGTON
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2020
  • Tax Assessed Value: $338,960
  • Year Assessed: 2020
  • Improvement Assessed Value: $200,420
  • City Town Tax: $2,674
  • Land Assessed Value: $138,540
  • Clean Green Assessed: No
  • Zoning: RA1
  • Tax Lot: 8
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Concessions: No
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 2
  • Two Bedroom Units Count: 2
  • Three Bedroom Units Count: 0
Building Info
Building Info
  • Building Units Total: 4
  • Total Finished SQFT: 2,556.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Soil Types: Unknown
  • Parcel ID: 16107907
Parking
Parking
  • Type Of Parking: On Street, Parking Lot
  • Parking Lot - # of Spaces: 2
Interior Features
Interior Features
  • Fireplaces Count: 0
  • Accessibility Features: 2+ Access Exits
Exterior Features
Exterior Features
  • Pool: No Pool
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: None
  • Cooling Fuel: Electric
  • Heating Type: Radiant
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer, Public Septic
Confidential Data
Listing Office
  • List Agent AOR: None chosen (Non-REALTOR/Stockholder)

Property History for 4329 Halley Terrace Southeast

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4329 Halley Terrace Southeast

Taxable ValueLand$148,530Additions$284,660Total$433,190
Tax Record2023$2,846 ($237 / month)
Home Facts
Baths4Total Finished SqFt2,556 SqFtAbove Grade Finished SqFt2,556 SqFtStories2Lot Size3,947 SqFtStyleMulti-Family Dwelling (2-4)Year Built1942ZoningRA-1CountyDISTRICT OF COLUMBIAAPN6214 0008

Schools near 4329 Halley Terrace Southeast

This home is within District Of Columbia Public Schools.
Rating
School
Type
Grades
Distance
Patterson Elementary School
Public - PK to 5
Hart Middle School
Public - 6 to 8
Ballou High School
Public - 9 to 12
Ballou STAY High School
Public - 9 to 12
Rating
School
Distance
Patterson Elementary School
PublicPK to 5

Hart Middle School
Public6 to 8

Ballou High School
Public9 to 12

Ballou STAY High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Greysteel Company LLC

© 2024 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 08/25/2022 09:02 AM