Since January, 2003
            
 Sliding from Before to After

In March 2011, I posted on the proposed 2012 tax assessments for the 900-plus tax parcels that I track as Near Southeast properties, which valued the neighborhood at just a teensy bit under $6 billion ($5.994B). But there's a reason those are just "proposed": property owners need a chance to prostrate themselves before the city to try to get their assessments revised. In addition, new properties come onto the rolls during the year as projects get completed.
So, I can now report that the 2012 tax assessment total for Near Southeast is: $6.06 billion. Since the final assessments for 2011 came in at about $5.81 billion, 2012's number is a $248 million increase for actual assessments year-over-year.
There were 15 properties that received reductions for their 2012 bills, totaling about $148 million. The big property owners managed a few hefty cuts, with JBG's US Department of Transportation building leading the way with a $47.7 million reduction to just under $615 million, followed by CSX's empty lots near the freeway north of I Street getting a $46.3 million haircut down to $66.2 million. Many of the other shiny new-ish buildings of the neighborhood also got their tallies reduced, such as apartment buildings 70/100 I and 909 New Jersey and office buildings 20 M, 55 M, 225 Virginia, and Maritime Plaza I and II.
But these reductions were offset by $216 million in upward revisions. Most of this is thanks to 1015 Half Street finally being completed, taking that parcel's assessment from last year's $41.1 million to just a hair under $144 million. Three other buildings (80 M, 100 M, and 300 M) received higher final assessments as well. Plus, 32 townhouses in Capitol Quarter came onto the rolls as completed buildings, bringing just under $14 million in new tax revenue. (Yes, yes, PILOT/payment in lieu of taxes--don't stop me when I'm on a roll.)
And, because people always want to know, the ballpark's assessment for 2012 remains the smidgiest smidge under $1 billion, unchanged from 2011, at $999,982,800.
Alas, I can't give good year-to-year comparison numbers on final assessments in previous years because I didn't really grasp this whole revision thing until last year (oops), but I can say that proposed assessments were just a mite over $6 billion in both 2010 and 2011, after having been at $4.47 billion in 2009. My March post has the year-by-year proposed assessed values for the neighborhood, if you want those numbers.
If you feel like digging deeper (since you don't pay me enough to just post all my numbers for you to use), here's the the current assessments database, which you can search yourself. Tune in this March to see what the city proposes for 2013 values, and then in January for what the values really end up being....
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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  
400 B/O M ST SE   THEFT FROM AUTO
Theft (theft From Motor Vehicle)
 01/13/17
1100 B/O 8TH ST SE   MOTOR VEHICLE THEFT
Theft First Degree (Stolen Auto)
 01/08/17
100 B/O K ST SE   THEFT FROM AUTO
Theft First Degree (theft From Motor Vehicle)
 01/06/17
700 B/O L ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 01/02/17
700 B/O M ST SE   THEFT FROM AUTO
Theft First Degree (theft From Motor Vehicle)
 12/30/16
400 B/O M ST SE   THEFT
Theft First Degree (shoplifting)
 12/26/16
1100 B/O NEW JERSEY AVE SE   THEFT FROM AUTO
Theft (theft From Motor Vehicle) - Highway/ Road/ Alley/ Street/ Sidewalk
 12/20/16
70 B/O I ST SE   THEFT FROM AUTO
Theft (theft Of Motor Vehicle Parts Or Accessories)
 12/19/16
500 B/O L ST SE   THEFT FROM AUTO
Theft 2nd Degree (theft From Motor Vehicle)
 12/18/16
1000 B/O 7TH ST SE   THEFT FROM AUTO
Theft (theft From Motor Vehicle)
 12/18/16
900 B/O M ST SE   THEFT
Theft 2nd Degree (all Other Larceny)
 12/17/16
1100 B/O NEW JERSEY AVE SE   THEFT
Theft 2nd Degree (all Other Larceny)
 12/16/16
1100 B/O NEW JERSEY AVE SE   THEFT
Theft 2nd Degree - Felony (theft From Building)
 12/15/16

Recent Issued Building Permits Archive  
1100 2ND PL SE   
12/28/16 
LIDIA BARDI SQUARE 769N OWNER, LLC / LIDIA BARDI SQUARE 769N OWNER, LLC; GEORGE KING MORETRENCH AMERICAN CORPORATION
SB1700048 / CONSTRUCTION
Drill and construct three 6 inch diameter dewatering wells within 12 inch boreholes to 70 feet below existing grade via mud rotary drilling methods. Drill and construction 2 - 2 inch diameter observation wells within in 8 inch boreholes to 60 feet below existing grade via mud rotary drilling methods. All drill spoils will be contained, tested and disposed of per DOEE regulations.
2 I ST SE   
12/27/16 
MCDONALDS CORPORATION / MCDONALDS CORPORATION; ECS MID-ATLANTIC LLC
SB1700081 / CONSTRUCTION
ECS proposes the installation of six soil borings to a maximum depth of 30 feet below ground surface. Each boring will be completed with a Geoprobe drill rig and grounted following installation using a DOEE approved grount mix.
28 K ST SE   
12/28/16 
23 LLC / RELATED COMPANIES; ACCUPERMIT LLC; ACCUPERMIT LLC
SG1700100 / CONSTRUCTION
Sign / mural to be on west elevation of new commercial building at 28 K Street SE. Temporary only for 12 months.
100 M ST SE   
12/28/16 
SQUARE 743 INC / null
E1702426 / SUPPLEMENTAL
1200 NEW JERSEY AVE SE 20024   
12/30/16 
JBG/FEDERAL CENTER LLC / CARL E HAGER
E1702487 / SUPPLEMENTAL
   
01/04/17 
JBG/FEDERAL CENTER LLC / null
P1702555 / SUPPLEMENTAL
1244 SOUTH CAPITOL ST SE   
01/05/17 
EXTREME STEEL CRANE AND RIGGING
AH1700321 / CONSTRUCTION
PLACE CRANE ON S. CAPITOL STREET TO PUT TOWER CRANE UP.
385 WATER ST SE 20003   
12/28/16 
FC 385 WATER LLC / STEPHEN J. EXELBERT
P1702437 / SUPPLEMENTAL
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.


Project Directory
Completed
Homewood Suites ('16)
ORE 82 ('16)
The Bixby ('16)
Dock 79 ('16)
Community Center ('16)
The Brig ('16)
Park Chelsea ('16)
Yards/Arris ('16)
Hampton Inn ('15)
Southeast Blvd. ('15)
11th St. Bridges ('15)
Parc Riverside ('14)
Twelve12/Yards ('14)
Lumber Shed ('13)
Boilermaker Shops ('13)
Camden South Capitol ('13)
Canal Park ('12)
Capitol Quarter ('12)
225 Virginia/200 I ('12)
Foundry Lofts ('12)
1015 Half Street ('10)
Yards Park ('10)
Velocity Condos ('09)
Teague Park ('09)
909 New Jersey Ave. ('09)
55 M ('09)
100 M ('08)
Onyx ('08)
70/100 I ('08)
Nationals Park ('08)
Seniors Bldg Demo ('07)
400 M ('07)
Douglass Bridge Fix ('07)
US DOT HQ ('07)
20 M ('07)
Capper Seniors 1 ('06)
Capitol Hill Tower ('06)
Courtyard/Marriott ('06)
Marine Barracks ('04)


Overviews
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