1007 O Street Northwest

1007 O Street Northwest has been categorized by the local assessors in Washington, DC as a commercial type of property. The building on the property was first built in 2021 and is 3 years old. The home has a total of 9 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The area measurement of the land has been determined as 1,600 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as excellent. From what we've gathered, the quality of these control joints have been graded with a letter grade of A by the local assessor. The roof of the building is made of composition shingle. The exterior walls of the building are made of brick. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1007 O Street Northwest sold most recently in Jun 2, 2023 for a total of $2,325,000. Before that, the property was also sold for $2,280,000 in Feb 7, 2020. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $5,942 in taxes each year. 1007 O Street Northwest was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $699,010. If we break it down further, the land itself was valued at $656,160. Improvements to the property, however, were assessed at a total of $42,850. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!