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2800 University Terrace Northwest

2800 University Terrace Northwest, Washington, DC 20016
Property in Palisades
Sold Apr 12, 2023
$1,975,000
$1,275,000 by First Home Mortgage Corp
Mortgage Due May 01, 2053
Sold Jun 04, 2007
$1,275,000
$1,000,000 by Suntrust Mortgage Inc
Mortgage
Local assessors in Washington, DC have categorized 2800 University Terrace Northwest as a residential type of property. The home was built in 1961 and is 63 years old. It was most recently renovated and altered in 2016. The property's lot size has been calculated to be 5,028 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 11 rooms in the home. Of these, 4 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 3 full bathrooms. There are also 4 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 2800 University Terrace Northwest has a total of 3,344 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a unknown that is 369 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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 unknown. 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 - A. The building has a flat style roof that was made of composition shingle. 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 radiant heating system is the primary heating source. 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, 2800 University Terrace Northwest sold most recently in Apr 11, 2023 for a total of $1,975,000. If you work out the math, that's approximately a cost of $590.61 per sqft. Before that, the property was also sold for $1,275,000 in Jun 1, 2007. 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 $11,726 in taxes each year. 2800 University Terrace Northwest was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,463,550. If we break it down further, the land itself was valued at $692,460. Improvements to the property, however, were assessed at a total of $771,090. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1961
  • Effective Year Built: 2016
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Quality: A
  • Construction Type: Masonry
  • Exterior Walls Type: Brick
  • Roof Shape Type: Flat
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Area: 369
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,028
  • Total Building Area: 3,344
  • Gross Building Area: 3,344
  • Building Area: 3,344
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Radiant
  • Heated Square Feet: 3,344
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KENT
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Rail (right-of-way & track)
  • Legal Description 1: SQUARE 1423 LOT 0016 NBHD: KENT

Ownership

  • Current Owner : REILAND MARIBEL
  • Current Owner 2: TETRAULT CONNOR
  • Previous Owner : BERNSTEIN RICHARD M
  • Owner Before Previous Owner: ELY SARAH
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: District of Columbia Public Schools
  • Census Tract: 000902

Zoning

  • Zoning: R-1-B

Geography

  • Assessors Map Reference: 05-0570A
  • Parcel: 1423- -0016
  • Block: 1423
  • Lot: 16
  • Municipality: WARD 3
  • Latitude: 38.9264
  • Longitude: -77.0995

    Address

  • Full Address: 2800 University Ter Nw
  • Address - House Number: 2800
  • Street Segment Direction: NW
  • Address - Street Name: University
  • Address - Suffix Type: Ter
  • State: DC
  • City Name: Washington
  • Carrier Code: C054
  • 4-Digit Zip Code: 3459
  • Zip Code: 20016

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $11,726
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.1787
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 76
  • Final Value: 2,003,898
  • High Value: 2,362,056
  • Low Value: 1,645,741

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,275,000
  • First Open Lien Mortgage Lender: FIRST HOME MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Apr 12, 2023
  • First Open Lien Mortgage Loan Amount: $1,275,000
  • 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: May 01, 2053

    Market Valuation

  • Market Total Value: $1,463,550
  • Market Land Value: $692,460
  • Market Improvement Value: $771,090

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,463,550
  • Assessed Land Value: $692,460
  • Assessed Improvements Value: $771,090

    Sales

  • Current Sale Contract Date: Apr 11, 2023
  • Current Sale Recording Date: Apr 12, 2023
  • Current Sale Transaction ID: 11905220978
  • Current Sale Price: $1,975,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 30315
  • Previous Sale Recording Date: Jun 04, 2007
  • Previous Sale Contract Date: Jun 01, 2007
  • Previous Sale Amount: $1,275,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST HOME MORTGAGE CORP
  • First Mortgage Transaction Date: Apr 12, 2023
  • First Mortgage Loan Amount: $1,275,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: SUNTRUST MORTGAGE INC
  • Previous Mortgage Transaction Date: Jun 04, 2007
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $1,000,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

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Frequently Asked Questions

What neighborhood is 2800 University Terrace Northwest located in?
The 2800 University Terrace Northwest is a located in the neighborhood of Palisades in Northwest Washington, Washington.
What is the average sales price for listings in 2800 University Terrace Northwest?
The average sales price for units in 2800 University Terrace Northwest is $0 currently.

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