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1301 M Street Northwest

1301 M Street Northwest, Washington, DC 20005
Sold Sep 03, 2019
$184,000,000
1301 M Street Northwest has been categorized by the local assessors in Washington, DC as a residential type of property. The building on the property was first built in 2008 and is 16 years old. The building has a total of 10 stories. In addition, 1301 M Street Northwest has 343,585 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 42,156 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. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with concrete control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of A by the local assessor. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1301 M Street Northwest was last sold in Aug 29, 2019 for $184,000,000. According to our calculations, that's $535.53 per sqft. Current property owners are expected to pay $1,333,506 in taxes per year. The property on 1301 M Street Northwest was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $156,883,050. To break that down further, the land itself was valued at $22,036,210. While improvements to the property were assessed at a total of $134,846,840. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Building Count: 1
  • Bedroom Count: 0
  • Building Quality: A
  • Construction Type: Concrete
  • Floor Count: 10
  • Living Units: 292
  • Business/Commerical Units Count: 292
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 42,156
  • Total Building Area: 343,585
  • Gross Building Area: 343,585
  • Building Area: 343,585
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 343,585
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OLD CITY 2
  • Land Acres: 0.968
  • Standard Land Use Code: Apartments (generic)
  • County Land Use Code: Easement (misc.)
  • Legal Description 1: SQUARE 0245 LOT 0843 NBHD: OLD CITY 2

Ownership

  • Current Owner : UDR/K VENTURE MEMBER LLC
  • Previous Owner : CIRCLE PROPERTY CORP
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: District of Columbia Public Schools
  • Census Tract: 005003

Zoning

  • Zoning: MU-2,RA-5

Geography

  • Assessors Map Reference: 01-0068
  • Parcel: 0245- -0843
  • Block: 245
  • Lot: 843
  • Municipality: WARD 2
  • Latitude: 38.906
  • Longitude: -77.0302

    Address

  • Full Address: 1301 M St Nw
  • Address - House Number: 1301
  • Street Segment Direction: NW
  • Address - Street Name: M
  • Address - Suffix Type: St
  • State: DC
  • City Name: Washington
  • Carrier Code: C038
  • 4-Digit Zip Code: 4201
  • Zip Code: 20005

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,333,506
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.2969
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 40
  • Final Value: 718,338
  • High Value: 931,626
  • Low Value: 505,049

    Market Valuation

  • Market Total Value: $156,883,050
  • Market Land Value: $22,036,210
  • Market Improvement Value: $134,846,840

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $156,883,050
  • Assessed Land Value: $22,036,210
  • Assessed Improvements Value: $134,846,840

    Sales

  • Current Sale Contract Date: Aug 29, 2019
  • Current Sale Recording Date: Sep 03, 2019
  • Current Sale Transaction ID: 11646042718
  • Current Sale Price: $184,000,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2019093711

About Northwest Washington



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Frequently Asked Questions

What neighborhood is 1301 M Street Northwest located in?
The 1301 M Street Northwest is a located in the neighborhood of Logan Circle - Shaw in Northwest Washington, Washington.
What is the average sales price for listings in 1301 M Street Northwest?
The average sales price for units in 1301 M Street Northwest is $0 currently.

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