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242 Nicholson Street Northeast

242 Nicholson Street Northeast, Washington, DC 20011
Townhouse in Lamond Riggs
Sold Oct 07, 2019
$390,000
$370,500 by First Savings Mortgage Corpora
Mortgage
Sold May 09, 2002
$52,009
242 Nicholson Street Northeast 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 1951 and is 73 years old. The home has a total of 5 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 242 Nicholson Street Northeast has 900 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 2,145 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 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 flat 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 no air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. The property was last sold in Sep 30, 2019 for $390,000. That's $288.89 per sqft. Prior to that sales transaction, the property was also sold in Apr 10, 2002 for $52,009. 242 Nicholson Street Northeast was last assessed in 2023. The total value of the property was assessed at $420,750. Specifically, the land the property is located on was valued at $295,370. While improvements on the property were assessed at a total of $125,380. 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 $2,862. 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! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. 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: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Brick
  • Roof Shape Type: Flat
  • Roof Cover Type: Built-up
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Type: Unspecified basement
  • Basement Area: 450
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,145
  • Total Building Area: 1,350
  • Gross Building Area: 1,350
  • Building Area: 900
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 900
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RIGGS PARK
  • Land Acres: 0.049
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Road (right-of-way)
  • Legal Description 1: SQUARE 3710 LOT 0133 NBHD: RIGGS PARK

Ownership

  • Current Owner : VINER YELENA ARONOVNA
  • Previous Owner : THE ESTATE OF MELVIN F GRAVES SR
  • Owner Before Previous Owner: MARTIN LEONIDAS
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: District of Columbia Public Schools
  • Census Tract: 009505

Zoning

  • Zoning: R-2

Geography

  • Assessors Map Reference: 07-0789C
  • Parcel: 3710- -0133
  • Block: 3710
  • Lot: 133
  • Municipality: WARD 4
  • Latitude: 38.9607
  • Longitude: -77.0033

    Address

  • Full Address: 242 Nicholson St Ne
  • Address - House Number: 242
  • Street Segment Direction: NE
  • Address - Street Name: Nicholson
  • Address - Suffix Type: St
  • State: DC
  • City Name: Washington
  • Carrier Code: C064
  • 4-Digit Zip Code: 2510
  • Zip Code: 20011

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,862

    Appraisal Valuation

  • Standard Deviation: 0.2028
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 72
  • Final Value: 506,859
  • High Value: 609,670
  • Low Value: 404,049

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $370,500
  • First Open Lien Mortgage Lender: FIRST SAVINGS MORTGAGE CORPORA
  • First Open Lien Mortgage Recording Date: Oct 07, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $370,500
  • 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: $420,750
  • Market Land Value: $295,370
  • Market Improvement Value: $125,380

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $420,750
  • Assessed Land Value: $295,370
  • Assessed Improvements Value: $125,380

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 30, 2019
  • Current Sale Recording Date: Oct 07, 2019
  • Current Sale Transaction ID: 11670699090
  • Current Sale Price: $390,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2019107865
  • Previous Sale Recording Date: May 09, 2002
  • Previous Sale Contract Date: Apr 10, 2002
  • Previous Sale Amount: $52,009
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST SAVINGS MORTGAGE CORPORA
  • First Mortgage Transaction Date: Oct 07, 2019
  • First Mortgage Loan Amount: $370,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 242 Nicholson Street Northeast located in?
The 242 Nicholson Street Northeast is a townhouse located in the neighborhood of Lamond Riggs in Northeast Washington, Washington.
What is the average sales price for listings in 242 Nicholson Street Northeast?
The average sales price for units in 242 Nicholson Street Northeast is $390,000 , or $317/sqft. currently.

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