325 7th Street Northwest

325 7th Street Northwest in Washington, DC was first built in 1990 and is 34 years old. This has been categorized as a office property type. There are a total of 12 floors. 325 7th Street Northwest has 11,018 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 17,342 square feet.

Learn more about the property and building on this page. The home has a flat style roof made of asphalt and ply sheets in a built-up roof style. For those who need parking, there is a garage underground or in the basement. 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 concrete control joints. The quality of the control joints have been graded by the local assessor with a letter grade of A. The exterior walls of the home are made of concrete. 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, 325 7th Street Northwest sold most recently in Sep 26, 2019 for a total of $152,375,000. If you work out the math, that's approximately a cost of $12,100.94 per sqft. Before that, the property was also sold for $103,959,130 in Apr 10, 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 $2,667,245 in taxes each year. 325 7th Street Northwest was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $141,124,090. If we break it down further, the land itself was valued at $36,406,410. Improvements to the property, however, were assessed at a total of $104,717,680. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.