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3925 Georgia Avenue Northwest

3925 Georgia Avenue Northwest, Washington, DC 20011
Commercial in Petworth
1 Units For Sale
Unit for sale at 3925 GEORGIA AVENUE NW, WASHINGTON, DC 20011

$4,100,000

  • Commercial
3925 GEORGIA AVENUE NW, WASHINGTON, DC 20011 Listing by Nina Foldvari

Local assessors in Washington, DC have categorized 3925 Georgia Avenue Northwest as a commercial type of property. The home was built in 1910 and is 114 years old. The property's lot size has been calculated to be 1,716 square feet. 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 3925 Georgia Avenue Northwest has a total of 2,235 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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 poor. 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 brick 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 - B. The building has a flat style roof that was made of asphalt and ply sheets in a built-up roof style. Lots of brick were used in the construction of the exterior walls of the home. The home's a forced air unit is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 3925 Georgia Avenue Northwest was last sold in Nov 21, 2018 for $1,000,000. According to our calculations, that's $344.59 per sqft. Prior to that sales transaction, the property was sold for $421,000 in Jan 21, 2005. Current property owners are expected to pay $12,486 in taxes per year. The property on 3925 Georgia Avenue Northwest was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $756,710. To break that down further, the land itself was valued at $151,570. While improvements to the property were assessed at a total of $605,140. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. 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!

Building Features

Condition

New Construction

Exterior

Brick Exterior
Concrete Exterior

Parking

Fenced Parking
Paved Parking
This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Poor
  • Building Quality: B
  • Construction Type: Brick
  • Exterior Walls Type: Brick
  • Roof Shape Type: Flat
  • Roof Cover Type: Built-up
  • Floor Count: 2
  • Business/Commerical Units Count: 8
  • Basement Type: Unspecified basement
  • Basement Area: 667
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,716
  • Total Building Area: 2,902
  • Gross Building Area: 2,902
  • Building Area: 2,902
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,235
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Subdivision: PETWORTH
  • Land Acres: 0.039
  • Standard Land Use Code: Store (multi-story)
  • Legal Description 1: SQUARE 3027 LOT 0038 NBHD: PETWORTH

Ownership

  • Current Owner : 3925 GEORGIA LLC
  • Previous Owner : UKAOBASI ESTHER
  • Owner Before Previous Owner: RHONE DARLENE
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: District of Columbia Public Schools
  • Census Tract: 002400

Zoning

  • Zoning: NC-8

Geography

  • Assessors Map Reference: 06-0604
  • Parcel: 3027- -0038
  • Block: 3027
  • Lot: 38
  • Municipality: WARD 4
  • Latitude: 38.9394
  • Longitude: -77.0245

    Address

  • Full Address: 3925 Georgia Ave Nw
  • Address - House Number: 3925
  • Street Segment Direction: NW
  • Address - Street Name: Georgia
  • Address - Suffix Type: Ave
  • State: DC
  • City Name: Washington
  • Carrier Code: C012
  • 4-Digit Zip Code: 5987
  • Zip Code: 20011

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $12,486
  • Tax Rate Code Area: 002

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,725,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Dec 01, 2022
  • First Open Lien Mortgage Loan Amount: $2,725,000
  • 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: $756,710
  • Market Land Value: $151,570
  • Market Improvement Value: $605,140

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $756,710
  • Assessed Land Value: $151,570
  • Assessed Improvements Value: $605,140

    Sales

  • Current Sale Contract Date: Nov 21, 2018
  • Current Sale Recording Date: Nov 29, 2018
  • Current Sale Transaction ID: 11541262631
  • Current Sale Price: $1,000,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2018118978
  • Previous Sale Recording Date: Sep 26, 2005
  • Previous Sale Contract Date: Jan 21, 2005
  • Previous Sale Amount: $421,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED BANK
  • First Mortgage Transaction Date: Nov 29, 2018
  • First Mortgage Loan Amount: $750,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: EWEB FUNDING GROUP
  • Previous Mortgage Transaction Date: Sep 26, 2005
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $336,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Northwest Washington



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Frequently Asked Questions

What neighborhood is 3925 Georgia Avenue Northwest located in?
The 3925 Georgia Avenue Northwest is a commercial located in the neighborhood of Petworth in Northwest Washington, Washington.
How many listings are currently for sale in 3925 Georgia Avenue Northwest?
There is a listing currently on the market for sale.
What is the average sales price for listings in 3925 Georgia Avenue Northwest?
The average sales price for units in 3925 Georgia Avenue Northwest is $4,100,000 currently.

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