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414 18th Street Northeast

414 18th Street Northeast, Washington, DC 20002
Multifamily in Kingman Park
Sold Nov 01, 2021
$1,570,000
$1,177,500 by Wcp Fund I Llc
Mortgage
Sold Mar 07, 2014
Transfer
Buyer
$559,675 by George Mason Mortgage Llc
Mortgage
414 18th Street Northeast has been categorized by the local assessors in Washington, DC as a residential type of property. The building on the property was first built in 1937 and is 87 years old. However, we must point out that the home was most recently renovated and altered in 2010. The home has a total of 18 rooms. 6 of these rooms are legally considered as bedrooms. Residents will have access to 4 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 414 18th Street Northeast has 3,408 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 544 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 4,634 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a multifamily style.

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 good. 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 masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a sawtooth style roof made of metal. The exterior walls of the building are made of brick. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with no air conditioning at the moment. In terms of heating, it is utilizing a radiant 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, 414 18th Street Northeast sold most recently in Oct 29, 2021 for a total of $1,570,000. If you work out the math, that's approximately a cost of $460.68 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 $9,469 in taxes each year. 414 18th Street Northeast was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,113,970. If we break it down further, the land itself was valued at $512,340. Improvements to the property, however, were assessed at a total of $601,630. 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: 1937
  • Effective Year Built: 2010
  • Building Count: 1
  • Total Rooms: 18
  • Bedroom Count: 6
  • 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: Sawtooth
  • Roof Cover Type: Metal
  • Floor Count: 2
  • Living Units: 4
  • Floor Cover: Wood
  • Basement Area: 544
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 4,634
  • Total Building Area: 3,408
  • Gross Building Area: 3,408
  • Building Area: 3,408
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Radiant
  • Heated Square Feet: 3,408
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OLD CITY 1
  • Land Acres: 0.106
  • Standard Land Use Code: Apartments (generic)
  • County Land Use Code: Homestead (misc.)
  • Legal Description 1: SQUARE 4546 LOT 0163 NBHD: OLD CITY 1

Ownership

  • Current Owner : SSR PROPERTIES LLC
  • Previous Owner : DOGAN DOGA
  • Owner Before Previous Owner: 101 GENEVA LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: District of Columbia Public Schools
  • Census Tract: 007901

Zoning

  • Zoning: RF-1

Geography

  • Assessors Map Reference: 04-0411
  • Parcel: 4546- -0163
  • Block: 4546
  • Lot: 163
  • Municipality: WARD 7
  • Latitude: 38.8953
  • Longitude: -76.9793

    Address

  • Full Address: 414 18th St Ne
  • Address - House Number: 414
  • Street Segment Direction: NE
  • Address - Street Name: 18th
  • Address - Suffix Type: St
  • State: DC
  • City Name: Washington
  • Carrier Code: C053
  • 4-Digit Zip Code: 4667
  • Zip Code: 20002

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,469
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.1923
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 61
  • Final Value: 1,071,551
  • High Value: 1,277,648
  • Low Value: 865,453

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,177,510
  • First Open Lien Mortgage Lender: WCP FUND I LLC
  • First Open Lien Mortgage Recording Date: Nov 01, 2021
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $1,177,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • Second Open Lien Mortgage Lender: WCP FUND I LLC
  • Second Open Lien Mortgage Recording Date: Nov 02, 2022
  • Second Open Lien Mortgage Loan Amount: $10
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $1,113,970
  • Market Land Value: $512,340
  • Market Improvement Value: $601,630

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,113,970
  • Assessed Land Value: $512,340
  • Assessed Improvements Value: $601,630

    Sales

  • Current Sale Contract Date: Oct 29, 2021
  • Current Sale Recording Date: Nov 01, 2021
  • Current Sale Transaction ID: 11864601109
  • Current Sale Price: $1,570,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2021144231
  • Previous Sale Recording Date: Mar 07, 2014
  • Previous Sale Contract Date: Feb 28, 2014
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WCP FUND I LLC
  • First Mortgage Transaction Date: Nov 01, 2021
  • First Mortgage Loan Amount: $1,177,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Financing

  • First Mortgage Financing Type: Variable

    Previous Mortgages

  • Previous Mortgage Lender: GEORGE MASON MORTGAGE LLC
  • Previous Mortgage Transaction Date: Mar 07, 2014
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $559,675
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA

About Northeast Washington



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Frequently Asked Questions

What neighborhood is 414 18th Street Northeast located in?
The 414 18th Street Northeast is a multifamily located in the neighborhood of Kingman Park in Northeast Washington, Washington.
What is the average sales price for listings in 414 18th Street Northeast?
The average sales price for units in 414 18th Street Northeast is $0 currently.

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