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1499 Massachusetts Avenue Northwest

1499 Massachusetts Avenue Northwest, Washington, DC 20005
Refi Feb 07, 2012
Transfer
$500,000 by Hartford Life Insurance C
Mortgage
Local assessors in Washington, DC have categorized 1499 Massachusetts Avenue Northwest as a residential type of property. The home was built in 2002 and is 22 years old. The property's lot size has been calculated to be 23,533 square feet. This is a 14 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1499 Massachusetts Avenue Northwest has a total of 281,191 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a unknown that is 25,307 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with brick control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - A. Lots of brick were used in the construction of the exterior walls of the home. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Tax-wise, the current owner is expected to pay close to $1,387,554 in taxes each year. 1499 Massachusetts Avenue Northwest was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $163,241,640. If we break it down further, the land itself was valued at $21,356,200. Improvements to the property, however, were assessed at a total of $141,885,440. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Bedroom Count: 0
  • Building Quality: A
  • Construction Type: Brick
  • Exterior Walls Type: Brick
  • Floor Count: 14
  • Living Units: 269
  • Business/Commerical Units Count: 269
  • Basement Area: 25,307
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 23,533
  • Total Building Area: 281,191
  • Gross Building Area: 281,191
  • Building Area: 281,191
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 281,191
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OLD CITY 2
  • Land Acres: 0.54
  • Standard Land Use Code: Apartments (generic)
  • County Land Use Code: Easement (misc.)
  • Legal Description 1: SQUARE 0212 LOT 0850 NBHD: OLD CITY 2

Ownership

  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: District of Columbia Public Schools
  • Census Tract: 005203

Zoning

  • Zoning: D-2

Geography

  • Assessors Map Reference: 01-0067
  • Parcel: 0212- -0850
  • Block: 212
  • Lot: 850
  • Municipality: WARD 2
  • Latitude: 38.9069
  • Longitude: -77.0341

    Address

  • Full Address: 1499 Massachusetts Ave Nw
  • Address - House Number: 1499
  • Street Segment Direction: NW
  • Address - Street Name: Massachusetts
  • Address - Suffix Type: Ave
  • State: DC
  • City Name: Washington
  • Carrier Code: C038
  • 4-Digit Zip Code: 2869
  • Zip Code: 20005

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,387,554

    Appraisal Valuation

  • Standard Deviation: 0.2969
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 40
  • Final Value: 715,799
  • High Value: 928,333
  • Low Value: 503,264

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $500,000
  • First Open Lien Mortgage Lender: HARTFORD LIFE INSURANCE C
  • First Open Lien Mortgage Recording Date: Feb 07, 2012
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $500,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $163,241,640
  • Market Land Value: $21,356,200
  • Market Improvement Value: $141,885,440

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $163,241,640
  • Assessed Land Value: $21,356,200
  • Assessed Improvements Value: $141,885,440

About Northwest Washington



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Frequently Asked Questions

What neighborhood is 1499 Massachusetts Avenue Northwest located in?
The 1499 Massachusetts Avenue Northwest is a located in the neighborhood of Logan Circle - Shaw in Northwest Washington, Washington.
What is the average sales price for listings in 1499 Massachusetts Avenue Northwest?
The average sales price for units in 1499 Massachusetts Avenue Northwest is $0 currently.

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