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1518 North Capitol Street Northwest

1518 North Capitol Street Northwest, Washington, DC 20002
Commercial in Truxton Circle
1 Units For Sale
Unit for sale at 1518 NORTH CAPITOL NW, WASHINGTON, DC 20002

$4,000,000

  • Commercial
1518 NORTH CAPITOL NW, WASHINGTON, DC 20002 Listing by Jerry Johnson

1518 North Capitol 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 1900 and is 124 years old. The building has a total of 2 stories. In addition, 1518 North Capitol Street Northwest has 1,303 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 983 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 average. 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 brick 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 flat style roof made of composition shingle. The exterior walls of the building are made of brick. In terms of heating, it is utilizing a hot water heating system. The property was last sold in Jan 26, 2024 for $1,000,000. That's $767.46 per sqft. Prior to that sales transaction, the property was also sold in Aug 27, 2010 for $300,000. 1518 North Capitol Street Northwest was last assessed in 2023. The total value of the property was assessed at $325,480. Specifically, the land the property is located on was valued at $230,990. While improvements on the property were assessed at a total of $94,490. 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 $5,370. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.

Building Features

Exterior

Brick Exterior

Accessibility

ADA Access
This property description is generated based on publicly available data.

4 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230501
05/01/2023
Loft
-
-
$1,000,200
bedrooms
Loft
bathrooms
-
$1,000,000 -0.02%
01/29/2024
-
Jerry Johnson
RE/MAX Allegiance
20220717
07/17/2022
Loft
-
-
$1,300,000
bedrooms
Loft
bathrooms
-
-
-
-
Deneen Swann
KW Metro Center
20220104
01/04/2022
Loft
-
-
$1,500,000
bedrooms
Loft
bathrooms
-
-
-
-
Deneen Swann
KW Metro Center
20200831
08/31/2020
Loft
-
-
$2,000,000
bedrooms
Loft
bathrooms
-
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Brick
  • Exterior Walls Type: Brick
  • Roof Shape Type: Flat
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Business/Commerical Units Count: 12
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 983
  • Total Building Area: 1,303
  • Gross Building Area: 1,303
  • Building Area: 1,303
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 1,303
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Subdivision: OLD CITY 2
  • Land Acres: 0.023
  • Standard Land Use Code: Store (multi-story)
  • Legal Description 1: SQUARE 0615 LOT 0832 NBHD: OLD CITY 2

Ownership

  • Current Owner : BLUE WATER HOLDINGS LLC
  • Previous Owner : FERNANDEZ BERNARD
  • Owner Before Previous Owner: TRAN HONG
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: District of Columbia Public Schools
  • Census Tract: 004600

Zoning

  • Zoning: MU-4

Geography

  • Assessors Map Reference: 03-0312
  • Parcel: 0615- -0832
  • Block: 615
  • Lot: 832
  • Municipality: WARD 5
  • Latitude: 38.9102
  • Longitude: -77.0094

    Address

  • Full Address: 1518 N Capitol St Nw
  • Address - House Number: 1518
  • Street Segment Direction: NW
  • Street Direction: N
  • Address - Street Name: Capitol
  • Address - Suffix Type: St
  • State: DC
  • City Name: Washington
  • Carrier Code: C018
  • 4-Digit Zip Code: 3344
  • Zip Code: 20002

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,370
  • Tax Rate Code Area: 002

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $721,000
  • First Open Lien Mortgage Lender: FERNANDEZ BERNARD
  • First Open Lien Mortgage Recording Date: Jan 29, 2024
  • First Open Lien Mortgage Loan Amount: $721,000
  • First Open Lien Mortgage Term: 219
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Seller take-back
  • First Open Lien Mortgage Loan Due Date: May 31, 2042

    Market Valuation

  • Market Total Value: $325,480
  • Market Land Value: $230,990
  • Market Improvement Value: $94,490

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $325,480
  • Assessed Land Value: $230,990
  • Assessed Improvements Value: $94,490

    Sales

  • Current Sale Contract Date: Jan 26, 2024
  • Current Sale Recording Date: Jan 29, 2024
  • Current Sale Transaction ID: 11920022658
  • Current Sale Price: $1,000,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 8657
  • Previous Sale Recording Date: Sep 15, 2010
  • Previous Sale Contract Date: Aug 27, 2010
  • Previous Sale Amount: $300,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FERNANDEZ BERNARD
  • First Mortgage Transaction Date: Jan 29, 2024
  • First Mortgage Loan Amount: $721,000
  • First Mortgage Terms: 219
  • First Mortgage Loan Type: Seller take-back
  • First Mortgage Loan Due Date: May 31, 2042

    Previous Mortgages

  • Previous Mortgage Lender: PRIVATE
  • Previous Mortgage Transaction Date: Sep 15, 2010
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $285,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Northwest Washington



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Frequently Asked Questions

What neighborhood is 1518 North Capitol Street Northwest located in?
The 1518 North Capitol Street Northwest is a commercial located in the neighborhood of Truxton Circle in Northwest Washington, Washington.
How many listings are currently for sale in 1518 North Capitol Street Northwest?
There is a listing currently on the market for sale.
What is the average sales price for listings in 1518 North Capitol Street Northwest?
The average sales price for units in 1518 North Capitol Street Northwest is $1,000,200 currently.

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