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2 Madison Street Northwest

2 Madison Street Northwest, Washington, DC 20011
House in Manor Park
Sold Feb 12, 2021
$630,000
$504,000 by Trustworthy Mortgage Corp
Mortgage
2 Madison Street Northwest in Washington, DC was first built in 1935 and is 89 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 2 Madison Street Northwest has 1,560 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 4,600 square feet.

Learn more about the property and building on this page. There is a porch and a patio. The home has a gable style roof made of composition shingle. For those who need parking, there is a attached garage. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C+. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with no air conditioning. As for heating, the home is utilizing a radiant heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2 Madison Street Northwest was last sold in Jan 24, 2021 for $630,000. According to our calculations, that's $278.76 per sqft. Current property owners are expected to pay $4,264 in taxes per year. The property on 2 Madison Street Northwest was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $616,430. To break that down further, the land itself was valued at $359,440. While improvements to the property were assessed at a total of $256,990. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. 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. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can 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: 1935
  • Effective Year Built: 1935
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Masonry
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Type: Unspecified basement
  • Basement Area: 700
  • Garage Type: Attached
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 4,600
  • Total Building Area: 2,260
  • Gross Building Area: 2,260
  • Building Area: 1,560
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Radiant
  • Heated Square Feet: 1,560
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CHILLUM
  • Land Acres: 0.106
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Rail (right-of-way & track)
  • Legal Description 1: SQUARE 3388 LOT 0088 NBHD: CHILLUM

Ownership

  • Current Owner : POZO-LIN LUIS ALONSO
  • Previous Owner : THE ESTATE OF THELMA K REDDICK
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: District of Columbia Public Schools
  • Census Tract: 002102

Zoning

  • Zoning: R-1-B

Geography

  • Assessors Map Reference: 06-0636
  • Parcel: 3388- -0088
  • Block: 3388
  • Lot: 88
  • Municipality: WARD 4
  • Latitude: 38.9586
  • Longitude: -77.0094

    Address

  • Full Address: 2 Madison St Nw
  • Address - House Number: 2
  • Street Segment Direction: NW
  • Address - Street Name: Madison
  • Address - Suffix Type: St
  • State: DC
  • City Name: Washington
  • Carrier Code: C061
  • 4-Digit Zip Code: 2300
  • Zip Code: 20011

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,264

    Appraisal Valuation

  • Standard Deviation: 0.1892
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 75
  • Final Value: 701,116
  • High Value: 833,813
  • Low Value: 568,419

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $504,000
  • First Open Lien Mortgage Lender: TRUSTWORTHY MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Feb 12, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $504,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage

    Market Valuation

  • Market Total Value: $616,430
  • Market Land Value: $359,440
  • Market Improvement Value: $256,990

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $616,430
  • Assessed Land Value: $359,440
  • Assessed Improvements Value: $256,990

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 24, 2021
  • Current Sale Recording Date: Feb 12, 2021
  • Current Sale Transaction ID: 11820442015
  • Current Sale Price: $630,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2021019815

    Last Sale Mortgage

  • First Mortgage Lender: TRUSTWORTHY MORTGAGE CORP
  • First Mortgage Transaction Date: Feb 12, 2021
  • First Mortgage Loan Amount: $504,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 2 Madison Street Northwest located in?
The 2 Madison Street Northwest is a house located in the neighborhood of Manor Park in Northwest Washington, Washington.
What is the average sales price for listings in 2 Madison Street Northwest?
The average sales price for units in 2 Madison Street Northwest is $620,000 , or $300/sqft. currently.

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