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3118 Mt Pleasant Street Northwest

3118 Mt Pleasant Street Northwest, Washington, DC 20010
Commercial in Mount Pleasant
3118 Mt Pleasant 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 1910 and is 114 years old. The building has a total of 3 stories. In addition, 3118 Mt Pleasant Street Northwest has 4,109 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a unknown that is 1,447 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 1,755 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. Residents will have the luxury of enjoying both a porch and a patio. 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 D 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. 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, 3118 Mt Pleasant Street Northwest sold most recently in Jul 20, 2021 for a total of $1,330,000. If you work out the math, that's approximately a cost of $323.68 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 $21,924 in taxes each year. 3118 Mt Pleasant Street Northwest was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,328,750. If we break it down further, the land itself was valued at $378,200. Improvements to the property, however, were assessed at a total of $950,550. 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.

Building Features

Exterior

Brick Exterior
This property description is generated based on publicly available data.

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220316
03/16/2022
Loft
-
-
$3,000,000
bedrooms
Loft
bathrooms
-
-
-
-
Alan Chargin
Keller Williams Capital Properties
20210424
04/24/2021
Loft
-
-
$1,500,000
bedrooms
Loft
bathrooms
-
$1,330,000 -11.33%
08/02/2021
-
John Williams

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Brick
  • Exterior Walls Type: Brick
  • Roof Shape Type: Flat
  • Roof Cover Type: Built-up
  • Floor Count: 3
  • Business/Commerical Units Count: 3
  • Basement Area: 1,447
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 1,755
  • Total Building Area: 4,109
  • Gross Building Area: 4,109
  • Building Area: 4,109
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 4,109
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Subdivision: MOUNT PLEASANT
  • Land Acres: 0.04
  • Standard Land Use Code: Store (multi-story)
  • Legal Description 1: SQUARE 2596 LOT 0649 NBHD: MOUNT PLEASANT

Ownership

  • Current Owner : 3118 MOUNT PLEASANT LLC
  • Previous Owner : THE ESTATE OF WILLIE MAE LOGAN
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: District of Columbia Public Schools
  • Census Tract: 002702

Zoning

  • Zoning: MU-4

Geography

  • Assessors Map Reference: 03-0388
  • Parcel: 2596- -0649
  • Block: 2596
  • Lot: 649
  • Municipality: WARD 1
  • Latitude: 38.9295
  • Longitude: -77.038

    Address

  • Full Address: 3118 Mount Pleasant St Nw
  • Address - House Number: 3118
  • Street Segment Direction: NW
  • Address - Street Name: Mount Pleasant
  • Address - Suffix Type: St
  • State: DC
  • City Name: Washington
  • Carrier Code: C035
  • 4-Digit Zip Code: 2684
  • Zip Code: 20010

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $21,924

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,601,000
  • First Open Lien Mortgage Lender: SANDY SPRING BANK
  • First Open Lien Mortgage Recording Date: Aug 02, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $1,601,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $1,328,750
  • Market Land Value: $378,200
  • Market Improvement Value: $950,550

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,328,750
  • Assessed Land Value: $378,200
  • Assessed Improvements Value: $950,550

    Sales

  • Current Sale Contract Date: Jul 20, 2021
  • Current Sale Recording Date: Aug 02, 2021
  • Current Sale Transaction ID: 11849474849
  • Current Sale Price: $1,330,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2021103671

    Last Sale Mortgage

  • First Mortgage Lender: SANDY SPRING BANK
  • First Mortgage Transaction Date: Aug 02, 2021
  • First Mortgage Loan Amount: $1,601,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Northwest Washington



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Frequently Asked Questions

What neighborhood is 3118 Mt Pleasant Street Northwest located in?
The 3118 Mt Pleasant Street Northwest is a commercial located in the neighborhood of Mount Pleasant in Northwest Washington, Washington.
What is the average sales price for listings in 3118 Mt Pleasant Street Northwest?
The average sales price for units in 3118 Mt Pleasant Street Northwest is $1,500,000 currently.

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