1706 R Street Northwest

1706 R 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 1885 and is 139 years old. However, we must point out that the home was most recently renovated and altered in 1979. Residents will have access to 3 full bathrooms. The building has a total of 3 stories. In addition, 1706 R Street Northwest has 2,740 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 887 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. 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, 1706 R Street Northwest sold most recently in Feb 9, 2024 for a total of $960,000. If you work out the math, that's approximately a cost of $278.66 per sqft. Before that, the property was also sold for $390,000 in Apr 25, 2000. 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 $14,513 in taxes each year. 1706 R Street Northwest was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $879,570. If we break it down further, the land itself was valued at $642,130. Improvements to the property, however, were assessed at a total of $237,440. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.