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1408 5th Street Northwest

1408 5th Street Northwest, Washington, DC 20001
Sold Jan 20, 2022
$1,330,000
$970,200 by First Internet Bank Of Indiana
Mortgage
Sold Oct 26, 2020
$825,000
$1,077,228 by Carstensz Fund Ii Llc
Mortgage
1408 5th 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 1900 and is 124 years old. However, we must point out that the home was most recently renovated and altered in 2021. The home has a total of 7 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 building has a total of 2 stories. In addition, 1408 5th Street Northwest has 1,742 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 1,121 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a row home style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. Moving on to the building itself. The condition of the building has been evaluated as good. 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 masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C+ by the local assessor. The building has a sawtooth style roof made of metal. 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. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Jan 5, 2022 for $1,330,000. That's $508.99 per sqft. Prior to that sales transaction, the property was also sold in Oct 17, 2020 for $825,000. 1408 5th Street Northwest was last assessed in 2023. The total value of the property was assessed at $1,308,060. Specifically, the land the property is located on was valued at $527,200. While improvements on the property were assessed at a total of $780,860. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $10,405. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Brick Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 2021
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Good
  • Building Quality: C+
  • Construction Type: Masonry
  • Building Style: Row home
  • Exterior Walls Type: Brick
  • Roof Shape Type: Sawtooth
  • Roof Cover Type: Metal
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Type: Unspecified basement
  • Basement Area: 871
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,121
  • Total Building Area: 2,613
  • Gross Building Area: 2,613
  • Building Area: 1,742
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,742
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OLD CITY 2
  • Land Acres: 0.026
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Pipeline or right-of-way
  • Legal Description 1: SQUARE 0479 LOT 0031 NBHD: OLD CITY 2

Ownership

  • Current Owner : REDMOND MICHAEL
  • Current Owner 2: REDMOND ANGELA
  • Previous Owner : 1402 5TH STREET NW LLC
  • Owner Before Previous Owner: RICE ICELINE J
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: District of Columbia Public Schools
  • Census Tract: 004801

Zoning

  • Zoning: RF-1

Geography

  • Assessors Map Reference: 01-0072
  • Parcel: 0479- -0031
  • Block: 479
  • Lot: 31
  • Municipality: WARD 2
  • Latitude: 38.9089
  • Longitude: -77.0192

    Address

  • Full Address: 1408 5th St Nw
  • Address - House Number: 1408
  • Street Segment Direction: NW
  • Address - Street Name: 5th
  • Address - Suffix Type: St
  • State: DC
  • City Name: Washington
  • Carrier Code: C039
  • 4-Digit Zip Code: 2402
  • Zip Code: 20001

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,405

    Appraisal Valuation

  • Standard Deviation: 0.1829
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 76
  • Final Value: 1,174,027
  • High Value: 1,388,816
  • Low Value: 959,238

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $970,200
  • First Open Lien Mortgage Lender: FIRST INTERNET BANK OF INDIANA
  • First Open Lien Mortgage Recording Date: Jan 20, 2022
  • First Open Lien Mortgage Loan Amount: $970,200
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $1,308,060
  • Market Land Value: $527,200
  • Market Improvement Value: $780,860

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,308,060
  • Assessed Land Value: $527,200
  • Assessed Improvements Value: $780,860

    Sales

  • Current Sale Contract Date: Jan 05, 2022
  • Current Sale Recording Date: Jan 20, 2022
  • Current Sale Transaction ID: 11882058464
  • Current Sale Price: $1,330,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 7626
  • Previous Sale Recording Date: Oct 26, 2020
  • Previous Sale Contract Date: Oct 17, 2020
  • Previous Sale Amount: $825,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST INTERNET BANK OF INDIANA
  • First Mortgage Transaction Date: Jan 20, 2022
  • First Mortgage Loan Amount: $970,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: CARSTENSZ FUND II LLC
  • Previous Mortgage Transaction Date: Oct 26, 2020
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $1,077,228
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Northwest Washington



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Frequently Asked Questions

What neighborhood is 1408 5th Street Northwest located in?
The 1408 5th 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 1408 5th Street Northwest?
The average sales price for units in 1408 5th Street Northwest is $0 currently.

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