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I'll ask everyone to contain themselves as I bring the news that the city has posted its proposed tax assessments for 2012, and the tally for Near Southeast's properties as I calculate it comes to around $5.99 billion, a whopping 0.001 percent lower than last year's $6.001 billion proposed value, a number which was then revised down thanks to landowner appeals to a final 2011 number of about $5.81 billion.
I've pulled together a chart of the assessed values of the neighborhoods' shiny new/ish office buildings and non-DCHA non-condo multi-unit residential buildings, showing their 2011 proposed assessment, along with the final 2011 number and today's new 2012 proposed number. The proposed 2012 valuations for this specific sub-group of properties totals $1.77 billion, which is up a tad from the $1.75 billion proposed for 2010--but which ended up being dropped to a $1.58 billion final 2011 valuation after appeals.
The expansion in the neighborhood's tax base in terms of new residents has become clear as well: Looking at the numbers for the Capitol Quarter and Velocity condos parcels: in 2007, before construction got underway, they were assessed at around $92 million; for 2012, the proposed value is around $282 million. (It should be noted that Capitol Quarter's taxes don't go into the general fund, because owners there actually are governed by a Payment in Lieu of Taxes [PILOT] structure that uses the tax proceeds to pay down the debt on the bonds used to finance the development.)
As for the number everyone always wants to know about: Nationals Park remains valued at $999,982,800, unchanged since the first time the ballpark's assessment appeared, back in 2009.
Yearly Near Southeast Proposed Assessments
2002: $221M *
2003: $428M *
2004: $642M
2005: $771M
2006: $896M *
2007: $1.78B
2008: $2.54B
2009: $4.47B
2010: $6.01B
2011: $6.00B
2012: $5.99B
* Includes a mix of proposed and revised assessments
And it's likely that the neighborhood will continue to be home to the most valuable privately held property in the city, as the US Department of Transportation HQ has been assessed at $662.7 million, about $73 million higher than the final 2011 number that made it the most valuable property in the city in 2010, according to WBJ.
I keep a database of neighborhood assessments going back to 2001, although it only took about eight years for me to grasp the concept that the proposed numbers released in March aren't always the final ones, so it was just in 2010 that I started tracking both proposed and year-end numbers. (Though it must be said that during the Bubble Years, landowners weren't quite so vigorous about challenging their assessments.) Plus for a long time I got the years wrong when referencing: numbers posted by the city in one year are labeled as being the proposed/actual value for the following year. And some tax squares inside my strict Near Southeast boundaries escaped my attention for a few years early on. But I don't think the numbers are so out-of-whack that they can't be compared in a general way, as long as you keep the caveats in mind; with that admonition, check out the table at right for the yearly numbers.
And, of course, it should be noted that since large portions of the neighborhood's land is owned by the Feds (*cough*Navy Yard*cough*), there aren't taxes being paid on every dime of these assessment numbers.
If your envelope hasn't already arrived, or if you want to see how your number stacks up against your neighbors, you can search the assessments database yourself.
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City Government Data for Near Southeast Records added or updated recently displayed here; click the "archive" links to see additional detail and older records. All data from DC Government databases and RSS feeds. JDLand takes no responsibility for errors, omissions, etc. (read CapStat disclaimer). Data is retrieved daily.

Recent Crime Incidents Archive  
M ST SE AND HALF ST SE   ROBBERY /  08/17/14
800 B/O VIRGINIA AVE SE   THEFT F/AUTO /  08/17/14
M ST SE AND 5TH ST SE   THEFT F/AUTO /  08/15/14
1400 B/O 1ST ST SE   THEFT F/AUTO /  08/14/14
1000 B/O 1ST ST SE   BURGLARY /  08/12/14
800 B/O L ST SE   THEFT F/AUTO /  08/11/14
HALF ST SE AND L ST SE   THEFT F/AUTO /  08/11/14
1000 B/O NEW JERSEY AVE SE   THEFT /  08/07/14
1100 B/O 10TH ST SE   THEFT /  08/07/14
70 B/O I ST SE   THEFT /  08/02/14
100 B/O K ST SE   THEFT F/AUTO /  08/01/14
200 B/O L ST SE   THEFT F/AUTO /  07/30/14
L ST SE AND 2ND ST SE   THEFT F/AUTO /  07/30/14
70 B/O I ST SE   MOTOR VEHICLE THEFT /  07/29/14
70 B/O I ST SE   THEFT /  07/29/14

Active Public Space Permits Archive  
1331 2ND ST SE    Carlton Ray 
Assigned
paving; streetfixture; excavation  
 02/10/14
to
02/09/15
908 3RD ST SE    Rachel Frankel 
Issued
streetfixture; new  
 07/24/14
to
09/21/14
1026 3RD ST SE    Wash Gas & Light Co. 
Issued
excavation; new  
 06/26/14
to
09/04/14
1331 4TH ST SE    Forest City Forest City 
Issued
excavation; new  
 01/10/14
to
02/10/15
410 M ST SE    Pepco Holdings Inc 
Issued
excavation; new  
 07/11/14
to
09/08/14
880 NEW JERSEY AVE SE    WASHINGTON GAS 
Issued
excavation; new  
 07/28/14
to
09/26/14
301 TINGEY ST SE    Potbelly Sandwich Works LLC 
Issued
new  
 03/21/12
to
11/27/14

Recent Issued Building Permits Archive  
1011 1ST ST SE   
08/11/14 
TOLL DC LP / ALBERT J. PEARCE
FB1400108 / SUPPLEMENTAL
1259 1ST ST SE   
08/11/14 
CAPITAL RIVERFRONT HOTEL LLC / CAPITAL RIVERFR HOTEL LLC
AH1400636 / CONSTRUCTION
AFTER HOURS FOR PERMIT NUMBER B1401471 FOR 8 / 12 THROUGH 9 / 11 FROM 5AM TO 7PM MONDAY THROUGH SATURDAY.
1201 4TH ST SE   
08/12/14 
JBG/FEDERAL CENTER LIC / JIM CALABRESE
AN1400129 / CONSTRUCTION
PLEASE EXTEND PERMIT AN1300174 THIS IS THE FIRST EXTENSION AND PERMIT WILL BE VALID UNTIL 1 / 31 / 2015.
1212 4TH ST SE   
08/25/14 
FC 1212 LLC / MARK E. RESNICK
E1408462 / SUPPLEMENTAL
1331 4TH ST SE   
08/14/14 
F. C. 1331 LLC / FVI 2020
B1402843 / CONSTRUCTION
CONSTRUCTION OF A BRAND NEW 11 STORY BUILDING. THE BUILDING IN TOTAL IS 350 000 SQ FT. ADDING 327 RESIDENTIAL RENTAL UNITS 20 000 SQ FT. IN COMMERCIAL SPACE AND 3 BELOW GRADE PARKING LEVELS.
   
08/15/14 
CLARK CONCRETE
AH1400650 / CONSTRUCTION
AFTER HOURS TO POUR CONCRETE ON JOBSITE FROM 7AM TO 7PM FROM SUNDAY TO SATURDAY 8 / 15 / 2014 TO 11 / 15 / 2014
1000 5TH ST SE   
08/13/14 
UNITED STATES OF AMERICA /
FD1400132 / CONSTRUCTION
NEW FOUNDATION TO GRADE PERMIT FOR NEW COMMUNITY CENTER INCLUDING UTILITIES. REVISION TO FD1400029 TO REVISE STRUCTURAL DETAILS OF COLUMS.
   
08/20/14 
UNITED STATES OF AMERICA / BRUCE G. PICKETT
E1408304 / SUPPLEMENTAL
1220 12TH ST SE   
08/27/14 
FAIRBANKS MORSE ENGINE / EVAN O'BRIEN/ D MCKEEVER SERVICES
B1411219 / CONSTRUCTION
INTERIOR ONLY NON-STRUCTURAL ALTERATION TO EXISTING OFFICE SPACE. WORK INCLUDS MINOR PARTITION CHANGES AND THE ASSOCIATED HVAC AND ELECTRICAL ALTERATIONS.
1015 HALF ST SE   
08/12/14 
HALF ST SE LLC / SAM HOLLEN RAMCO OF DC INC.
TL1400162 / CONSTRUCTION
INTERIOR TENANT LAYOUT OF 1ST FLOOR PERFORMANCE STUDIO SPACE AND OFFICE SPACE. PARTITIONS FURNITURE MECHANICAL ELECTRICAL AND LIFE SAFETY. CBS
   
08/15/14 
HALF ST SE LLC / ROBERT L HUNTER
M1402951 / SUPPLEMENTAL
   
08/16/14 
SAM HOLLEN / DONALD VEALS; SAM HOLLEN; DONALD VEALS
E83010192 / SUPPLEMENTAL
200 I ST SE   
08/08/14 
DANIEL RILEY / OMAR BIAGAS; DANIEL RILEY; JOHN BIAGAS
E47247428 / SUPPLEMENTAL
41 L ST SE   
08/20/14 
WASHINGTON METROPOLITAN AREA TRANSIT AUTHORITY (WMATA) / SAMIR ALQUTRI - GEOTECHNICAL SOLUTIONS INC.
SB1400402 / CONSTRUCTION
GSI PLANS TO DRILL 4 SOIL TEST BORINGS TO CONFIRM SOIL STRENGTH WITH A HOLLOW-STEM AUGER EQUIPPED WITH A SPLIT SPOON SAMPLER FOR THE SPT N-VALUE TESTS DOWN TO A MAXIMUM DEPTH OF 80 FEET BELOW EXISTING GRADES. ALL BORINGS WILL BE DRILLED TO THE MAXIMUM DEPTH OR AUGER REFUSAL WHICHEVER OCCURS FIRST. THE BORE HOLES DIMENSION WILL BE 3.25 INCHES AND SHALL BE GROUTED UPON COMPLETION.
20 M ST SE   
08/22/14 
TRANSWESTERN JEFFERY W GROSS / ANDREW ARNTSON; TRANSWESTERN JEFFERY W GROSS; ANDREW ARNTSON
P96600069 / SUPPLEMENTAL
   
08/22/14 
TRANSWESTERN JEFFERY W GROSS / ANDREW ARNTSON; TRANSWESTERN JEFFERY W GROSS; ANDREW ARNTSON
G22130990 / SUPPLEMENTAL
   
08/25/14 
SUBWAY / N/A; DAMON ELLIS
SG1400416 / CONSTRUCTION
INSTALLATION OF NON ELECTRIC SIGN 10FT 8IN LENGTH 2IN WIDE 25IN HEIGHT
   
08/27/14 
JOHN GLUSEPPE-RAMCO / CARL LAVENDT; JOHN GLUSEPPE-RAMCO; CARL LAVENDT
E10905761 / SUPPLEMENTAL
100 M ST SE   
08/16/14 
NORTHWOOD INVESTERS LLC / STANLEY HUBBARD; NORTHWOOD INVESTERS LLC; STANLEY HUBBARD
E14516088 / SUPPLEMENTAL
901 M ST SE   
08/14/14 
CARLTON RAY
AH1400642 / CONSTRUCTION
TO PERFORM TEMPORARY LANE CLOSURES
1201 M ST SE   
08/14/14 
CARLTON RAY
AH1400641 / CONSTRUCTION
TO PERFORM TEMPORARY LANE CLOSURES
861 NEW JERSEY AVE SE   
08/21/14 
CONSOLIDATED RAIL CORPORATION / ROBERT COLISH
P1407975 / SUPPLEMENTAL
1111 NEW JERSEY AVE SE   
08/12/14 
NJA ASSOCIATES LLC / COLIN CLARK
B1308085 / CONSTRUCTION
CONSTRUCT A NEW 13 STORY APARTMENT BUILDING WITH THREE BELOW GRADE PARKING LEVELS FIRST FLOOR RETAIL A PRIVATE SWIMMING POOL PROJECTIONS OF BAY WINDOWS 324 UNITS TO INCLUDE MECHANICAL PLUMBING ELECTRICAL AND ELEVATOR WORK.
1200 SOUTH CAPITOL ST SE   
08/26/14 
MR BALLPARK 4 LLC. / MR BALLPARK 4 LLC.; RPS INC.
SB1400375 / CONSTRUCTION
ENVIRONMENTAL SOIL BORINGS FOR DUE DILIGENCE INVESTIGATION. ADVANCE A SERIES OF 10 ENVIRONMENTAL SOIL BORINGS AT THE SUBJECT SITE TO COLLECT SOIL AND GROUNDWATER SAMPLES FOR FIELD SCREENING AND LABORATORY ANALYSIS. THE SOIL BORINGS ARE BEING CONDUCTED AS PART OF A DUE DILIGENCE INVESTIGATION ASSOCIATED WITH A REAL ESTATE TRANSACTION. INVESTIGATION DERIVED WASTE -IDW- WILL BE LABORATORY TESTED AND ...
1230 SOUTH CAPITOL ST SE   
08/21/14 
PUBLIC STORAGE INSTITUTE FUND / RAYMOND SCIANNELLA
E1408379 / SUPPLEMENTAL
   
08/21/14 
PUBLIC STORAGE INSTITUTE FUND / CHRIS WING
B1410888 / CONSTRUCTION
INTERIOR ALTERATION TO EXISTING SELF STORAGE BUILDING TO REPLACE FIRE ALARM SYSTEM.
AH = After Hours; B = Alteration & Repair; D = Demolition; E = Electrical; FB = Boiler; M = Mechanical; P = Plumbing and Gas; PC = Post Card; R = Raze; SG = Sign; TL = Tenant Layout; TN = Tent; RW = Retaining Wall;

Real Property Sales Archive  
No commercial transaction records added or modified in the past two weeks.


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