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2406 I Street Northwest

2406 I Street Northwest, Washington, DC 20037
Townhouse in Foggy Bottom
Sold Jun 12, 2018
$715,000
$640,000 by Vellum Mortgage Inc
Mortgage Due Mar 01, 2051
Local assessors in Washington, DC have categorized 2406 I Street Northwest as a residential type of property. The home was built in 1900 and is 124 years old. It was most recently renovated and altered in 2018. The property's lot size has been calculated to be 537 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a row home style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a 2 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 2406 I Street Northwest has a total of 840 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 masonry 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 - C+. The building has a flat style roof that was made of asphalt and ply sheets in a built-up roof style. Lots of brick were used in the construction of the exterior walls of the home. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a heat pump is the primary heating source and it is being fueled with electricity. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 2406 I Street Northwest sold most recently in Jun 5, 2018 for a total of $715,000. If you work out the math, that's approximately a cost of $567.46 per sqft. 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 $6,237 in taxes each year. 2406 I Street Northwest was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $817,750. If we break it down further, the land itself was valued at $535,250. Improvements to the property, however, were assessed at a total of $282,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1900
  • Effective Year Built: 2018
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Masonry
  • Building Style: Row home
  • Exterior Walls Type: Brick
  • Roof Shape Type: Flat
  • Roof Cover Type: Built-up
  • Floor Count: 2
  • Floor Cover: Wood
  • Basement Type: Unspecified basement
  • Basement Area: 420
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 537
  • Total Building Area: 1,260
  • Gross Building Area: 1,260
  • Building Area: 840
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 840
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FOGGY BOTTOM
  • Land Acres: 0.012
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Pipeline or right-of-way
  • Legal Description 1: SQUARE 0029 LOT 0035 NBHD: FOGGY BOTTOM

Ownership

  • Current Owner : PELLEGRINO JOSEPH H
  • Previous Owner : JANZER JULIA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: District of Columbia Public Schools
  • Census Tract: 005601

Zoning

  • Zoning: R-17

Geography

  • Assessors Map Reference: 01-0042
  • Parcel: 0029- -0035
  • Block: 29
  • Lot: 35
  • Municipality: WARD 2
  • Latitude: 38.9005
  • Longitude: -77.0525

    Address

  • Full Address: 2406 I St Nw
  • Address - House Number: 2406
  • Street Segment Direction: NW
  • Address - Street Name: I
  • Address - Suffix Type: St
  • State: DC
  • City Name: Washington
  • Carrier Code: C058
  • 4-Digit Zip Code: 2204
  • Zip Code: 20037

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,237
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.1635
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 79
  • Final Value: 918,749
  • High Value: 1,069,054
  • Low Value: 768,443

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $640,000
  • First Open Lien Mortgage Lender: VELLUM MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Feb 16, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $640,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2051

    Market Valuation

  • Market Total Value: $817,750
  • Market Land Value: $535,250
  • Market Improvement Value: $282,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $817,750
  • Assessed Land Value: $535,250
  • Assessed Improvements Value: $282,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 05, 2018
  • Current Sale Recording Date: Jun 12, 2018
  • Current Sale Transaction ID: 11475869154
  • Current Sale Price: $715,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2018058641

    Last Sale Mortgage

  • First Mortgage Lender: SANDY SPRING BANK
  • First Mortgage Transaction Date: Jun 12, 2018
  • First Mortgage Loan Amount: $643,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Northwest Washington



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Frequently Asked Questions

What neighborhood is 2406 I Street Northwest located in?
The 2406 I Street Northwest is a townhouse located in the neighborhood of Foggy Bottom in Northwest Washington, Washington.
What is the average sales price for listings in 2406 I Street Northwest?
The average sales price for units in 2406 I Street Northwest is $0 currently.

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