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3318 5th Street Southeast

3318 5th Street Southeast, Washington, DC 20032
Multifamily in Congress Heights
Sold Feb 04, 2020
$535,000
$637,500 by Congressional Bank
Mortgage
3318 5th Street Southeast in Washington, DC was first built in 1936 and is 88 years old. Although, the building on the property was most recently renovated and altered in 2020. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a multifamily style. There are a total of 2 floors. There are a total of 16 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 4 partial bathrooms. 3318 5th Street Southeast has 3,610 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 5,318 square feet.

Learn more about the property and building on this page. There is a porch and a patio. The home has a flat style roof made of asphalt and ply sheets in a built-up roof style. 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 masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as good. The exterior walls of the home are made of brick. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with no air conditioning. As for heating, the home is utilizing a forced air unit. 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, 3318 5th Street Southeast sold most recently in Jan 22, 2020 for a total of $535,000. If you work out the math, that's approximately a cost of $148.20 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 $6,406 in taxes each year. 3318 5th Street Southeast was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $753,600. If we break it down further, the land itself was valued at $157,520. Improvements to the property, however, were assessed at a total of $596,080. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

Building Info

Overview

    General

  • Year Built: 1936
  • Effective Year Built: 2020
  • Building Count: 1
  • Total Rooms: 16
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Exterior Walls Type: Brick
  • Roof Shape Type: Flat
  • Roof Cover Type: Built-up
  • Floor Count: 2
  • Living Units: 4
  • Floor Cover: Wood
  • Basement Type: Unspecified basement
  • Basement Area: 168
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 5,318
  • Total Building Area: 3,610
  • Gross Building Area: 3,610
  • Building Area: 3,610
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 3,610
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CONGRESS HEIGHTS
  • Land Acres: 0.122
  • Standard Land Use Code: Apartments (generic)
  • County Land Use Code: Homestead (misc.)
  • Legal Description 1: SQUARE 5972 LOT 0803 NBHD: CONGRESS HEIGHTS

Ownership

  • Current Owner : 3318 5TH STREET SE LLC
  • Previous Owner : MCNAIR ERICK D
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: District of Columbia Public Schools
  • Census Tract: 009804

Zoning

  • Zoning: R-2

Geography

  • Assessors Map Reference: 11-1103B
  • Parcel: 5972- -0803
  • Block: 5972
  • Lot: 803
  • Municipality: WARD 8
  • Latitude: 38.8411
  • Longitude: -76.9992

    Address

  • Full Address: 3318 5th St Se
  • Address - House Number: 3318
  • Street Segment Direction: SE
  • Address - Street Name: 5th
  • Address - Suffix Type: St
  • State: DC
  • City Name: Washington
  • Carrier Code: C041
  • 4-Digit Zip Code: 5438
  • Zip Code: 20032

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,406

    Appraisal Valuation

  • Standard Deviation: 0.2969
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 40
  • Final Value: 805,009
  • High Value: 1,044,031
  • Low Value: 565,986

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $637,500
  • First Open Lien Mortgage Lender: CONGRESSIONAL BANK
  • First Open Lien Mortgage Recording Date: Nov 12, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $637,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $753,600
  • Market Land Value: $157,520
  • Market Improvement Value: $596,080

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $753,600
  • Assessed Land Value: $157,520
  • Assessed Improvements Value: $596,080

    Sales

  • Current Sale Contract Date: Jan 22, 2020
  • Current Sale Recording Date: Feb 04, 2020
  • Current Sale Transaction ID: 11724647773
  • Current Sale Price: $535,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2020014787

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Frequently Asked Questions

What neighborhood is 3318 5th Street Southeast located in?
The 3318 5th Street Southeast is a multifamily located in the neighborhood of Congress Heights in Southeast Washington, Washington.
What is the average sales price for listings in 3318 5th Street Southeast?
The average sales price for units in 3318 5th Street Southeast is $0 currently.

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