Check Availability
$2,200,000
Land - For Sale

38-40 PORTER NE

WASHINGTON, DC 20002
bedrooms
Studio
bathrooms
0 Bath
$10,803
Estimated Monthly
$0
HOA / Fees

About This Property

Rarely available development opportunity located 1 block from the NoMa Red Line Metro station, and the massive NoMA development area. Drawings are available for the previously permitted 19 unit apartment/ condo building in the MU-4 Zoning.  This extra-large Southern Facing lot is semi-detached and accessible on 3 sides.  The previous expired permit can still be revived and is subject to an Inclusionary Development Covenant Contact us for more information. Images made available in this listed are for the previously approved building permit.
Unit Size
-
Days on Market
37 days
Land Size
0.07 acres
Price per sqft
-
Property Type
Land
Property Taxes
$1,128
HOA Dues
-
Year Built
1900
Listed By
James Powell
Coldwell Banker Realty
Last updated: 2 months ago (Bright MLS #DCDC2133976)

Price History

Date / Event Date Event Price
Mar 24, 2024 Listed by Coldwell Banker Realty - Washington $2,200,000
Listed by Coldwell Banker Realty - Washington
Aug 15, 2019 Sold $605,000
Sold

Property Highlights

Exterior Details

Property Information

Ownership Interest: Fee Simple

Lot Information

Tidal Water: N
Lot Size Dimensions: 0.00 x 0.00
Lot Size Source: Assessor

Land Information

Land Assessed Value: $1,741,020
Financial Details
County Tax: $0
County Tax Payment Frequency: Annually
City Town Tax: $13,538
City Town Tax Payment Frequency: Annually
Tax Assessed Value: $1,741,020
Tax Year: 2022
Tax Annual Amount: $13,538
Year Assessed: 2022

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 2005
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 1
  • Building Condition: Good
  • Building Quality: C+
  • Construction Type: Masonry
  • Exterior Walls Type: Brick
  • Roof Shape Type: Flat
  • Roof Cover Type: Built-up
  • Floor Count: 2
  • Floor Cover: Wood
  • Basement Type: Unspecified basement
  • Basement Area: 732
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,496
  • Total Building Area: 1,464
  • Gross Building Area: 2,196
  • Building Area: 1,464
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Baseboard
  • Heated Square Feet: 1,464
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ECKINGTON
  • Land Acres: 0.034
  • Standard Land Use Code: Residential (general) (single)
  • County Land Use Code: Sub-surface rights (mineral)
  • Legal Description 1: SQUARE 3516 LOT 0136 NBHD: ECKINGTON

Ownership

  • Current Owner : 38 PORTER ST NE LLC
  • Previous Owner : THE BANK OF NEW YORK MELLON
  • Owner Before Previous Owner: LOFTUS SUB TR JAMES J
  • Owner Before Previous Owner 2: TRIBBLE APRIL L
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Oct 26, 2020

Neighborhood

  • School District Name: District of Columbia Public Schools
  • Census Tract: 008701

Zoning

  • Zoning: MU-4

Geography

  • Parcel: 3516 0136
  • Block: 3516
  • Lot: 0136
  • Municipality: WARD 005
  • Latitude: 38.9106
  • Longitude: -77.0078

    Address

  • Full Address: 38 Porter St Ne
  • Address - House Number: 38
  • Street Segment Direction: NE
  • Address - Street Name: Porter
  • Address - Suffix Type: St
  • State: DC
  • City Name: Washington
  • Carrier Code: C018
  • 4-Digit Zip Code: 2104
  • Zip Code: 20002

Valuation

    Tax

  • Tax Year: 2020
  • Tax Amount: $11,954

    Appraisal Valuation

  • Standard Deviation: 0.2327
  • Valuation Date: Oct 21, 2020
  • Confidence Score: 86
  • Final Value: 822,902
  • High Value: 1,014,462
  • Low Value: 631,341

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $600,000
  • First Open Lien Mortgage Lender: CAPITAL BANK NA
  • First Open Lien Mortgage Recording Date: Aug 15, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $600,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $724,500
  • Market Land Value: $374,400
  • Market Improvement Value: $350,100

    Assessments Valuation

  • Assessed Year: 2020
  • Assessed Total Value: $724,500
  • Assessed Land Value: $374,400
  • Assessed Improvements Value: $350,100

    Sales

  • Current Sale Contract Date: Aug 06, 2019
  • Current Sale Recording Date: Aug 15, 2019
  • Current Sale Transaction ID: 11640635789
  • Current Sale Price: $605,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2019086833
  • Previous Sale Recording Date: Feb 10, 2012
  • Previous Sale Contract Date: Apr 01, 2011
  • Previous Sale Amount: $296,650
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: CAPITAL BANK NA
  • First Mortgage Transaction Date: Aug 15, 2019
  • First Mortgage Loan Amount: $600,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Financing

  • First Mortgage Financing Type: Fixed Rate

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Townhouse
Stu
-
-
$2,100,000 May 20, 2023
$2,100,000 Jan 26, 2024
-
Townhouse
6 Beds
5 Baths
2,960 ft²
$709/ft²
$2,100,000 Apr 26, 2023
$2,100,000 May 19, 2023
-
Condo
4 Beds
4 Baths
3,245 ft²
$613/ft²
$1,990,000 Jan 31, 2024
$1,990,000 Mar 11, 2024
-
Condo
3 Beds
4 Baths
2,218 ft²
$766/ft²
$1,700,000 Feb 15, 2023
$1,700,000 Aug 29, 2023
-
Townhouse
6 Beds
5 Baths
2,560 ft²
$703/ft²
$1,799,999 Feb 1, 2024
$1,799,999 Mar 11, 2024
-
Townhouse
4 Beds
4 Baths
3,150 ft²
$563/ft²
$1,772,282 Nov 29, 2023
$1,772,282 Feb 16, 2024
-
Commercial
Loft
-
-
$1,800,000 Feb 27, 2024
-
-
Townhouse
Stu
-
-
$1,950,000 Feb 6, 2024
-
-
Townhouse
4 Beds
5 Baths
3,559 ft²
$589/ft²
$2,095,000 Feb 23, 2023
-
-
Townhouse
4 Beds
4 Baths
3,196 ft²
$601/ft²
$1,920,000 Feb 1, 2024
-
-
Townhouse
6 Beds
8 Baths
2,526 ft²
$792/ft²
$1,999,999 Mar 29, 2023
-
-
Townhouse
4 Beds
4 Baths
3,196 ft²
$587/ft²
$1,875,000 Mar 16, 2024
-
-

About Northeast Washington


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Frequently Asked Questions

When was property at 38 Porter Street Northeast built and last sold?
The property at 38 Porter Street Northeast was built in 1900 and last sold on Aug 6, 2019 for $605,000.
How much is this home worth?
The estimated value of the home located at 38 Porter Street Northeast is $2,222,000.
What are some comparable homes to 38 Porter Street Northeast?
Homes that are comparable to 38 Porter Street Northeast include a commercial property at 301 New York Avenue Northwest, a townhouse property at 1807 8th Street Northwest, 5 R Street Northwest.

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