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1606 Potomac Avenue Southeast

1606 Potomac Avenue Southeast, Washington, DC 20003
Property in Hill East
Sold Jul 28, 2020
$1,142,000
$765,500 by Atlantic Coast Mortgage Llc
Mortgage
Sold Jun 29, 2018
$807,500
$605,625 by Potomac Mortgage Group Inc
Mortgage
1606 Potomac Avenue Southeast 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 1919 and is 105 years old. However, we must point out that the home was most recently renovated and altered in 2019. The home has a total of 6 rooms. 3 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, 1606 Potomac Avenue Southeast has 1,332 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 2,268 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. Residents will have the luxury of enjoying both a porch and a patio. Moving on to the building itself. The condition of the building has been evaluated as unknown. 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 asphalt and ply sheets in a built-up roof style. 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, 1606 Potomac Avenue Southeast sold most recently in Jun 29, 2020 for a total of $1,142,000. If you work out the math, that's approximately a cost of $580.87 per sqft. Before that, the property was also sold for $807,500 in Jun 21, 2018. 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 $9,593 in taxes each year. 1606 Potomac Avenue Southeast was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,212,530. If we break it down further, the land itself was valued at $543,500. Improvements to the property, however, were assessed at a total of $669,030. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1919
  • Effective Year Built: 2019
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Quality: C+
  • Construction Type: Masonry
  • Building Style: Row home
  • Exterior Walls Type: Brick
  • Roof Shape Type: Sawtooth
  • Roof Cover Type: Built-up
  • Floor Count: 2
  • Floor Cover: Wood
  • Basement Type: Unspecified basement
  • Basement Area: 634
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 2,268
  • Total Building Area: 1,966
  • Gross Building Area: 1,966
  • Building Area: 1,332
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,332
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OLD CITY 1
  • Land Acres: 0.052
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Pipeline or right-of-way
  • Legal Description 1: SQUARE 1091 LOT 0016 NBHD: OLD CITY 1

Ownership

  • Current Owner : STEWART ZACHARY
  • Current Owner 2: FERIOZZI DENISE
  • Previous Owner : TURNER GEORGE
  • Previous Owner 2: TURNER LAUREN
  • Owner Before Previous Owner: DONAHUE SHANNON E
  • Owner Before Previous Owner 2: RAZSADIN ALEKSEI
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: District of Columbia Public Schools
  • Census Tract: 006802

Zoning

  • Zoning: RF-1

Geography

  • Assessors Map Reference: 02-0228
  • Parcel: 1091- -0016
  • Block: 1091
  • Lot: 16
  • Municipality: WARD 7
  • Latitude: 38.8822
  • Longitude: -76.9819

    Address

  • Full Address: 1606 Potomac Ave Se
  • Address - House Number: 1606
  • Street Segment Direction: SE
  • Address - Street Name: Potomac
  • Address - Suffix Type: Ave
  • State: DC
  • City Name: Washington
  • Carrier Code: C026
  • 4-Digit Zip Code: 3133
  • Zip Code: 20003

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,593

    Appraisal Valuation

  • Standard Deviation: 0.1574
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 80
  • Final Value: 1,382,530
  • High Value: 1,600,189
  • Low Value: 1,164,871

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $765,500
  • First Open Lien Mortgage Lender: ATLANTIC COAST MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jul 28, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $765,500
  • 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: $1,212,530
  • Market Land Value: $543,500
  • Market Improvement Value: $669,030

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,212,530
  • Assessed Land Value: $543,500
  • Assessed Improvements Value: $669,030

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 29, 2020
  • Current Sale Recording Date: Jul 28, 2020
  • Current Sale Transaction ID: 11779433053
  • Current Sale Price: $1,142,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2020090353
  • Previous Sale Recording Date: Jun 29, 2018
  • Previous Sale Contract Date: Jun 21, 2018
  • Previous Sale Amount: $807,500
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ATLANTIC COAST MORTGAGE LLC
  • First Mortgage Transaction Date: Jul 28, 2020
  • First Mortgage Loan Amount: $765,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: POTOMAC MORTGAGE GROUP INC
  • Previous Mortgage Transaction Date: Jun 29, 2018
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $605,625
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA

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Frequently Asked Questions

What neighborhood is 1606 Potomac Avenue Southeast located in?
The 1606 Potomac Avenue Southeast is a located in the neighborhood of Hill East in Southeast Washington, Washington.
What is the average sales price for listings in 1606 Potomac Avenue Southeast?
The average sales price for units in 1606 Potomac Avenue Southeast is $0 currently.

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