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4500 Chesapeake Street Northwest

4500 Chesapeake Street Northwest, Washington, DC 20016
Sold May 04, 2020
$1,605,000
$1,284,000 by Wells Fargo Bank Na
Mortgage
Sold Jul 22, 2015
$1,400,000
Local assessors in Washington, DC have categorized 4500 Chesapeake Street Northwest as a residential type of property. The home was built in 1938 and is 86 years old. It was most recently renovated and altered in 2005. The property's lot size has been calculated to be 3,542 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 4 full bathrooms. There are also 5 partial bathrooms. This is a 3 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 4500 Chesapeake Street Northwest has a total of 2,970 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. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. Do you like to entertain? The home has both a porch and a patio so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is good. 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 masonry 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 - A. The building has a gable style roof that was made of composition shingle. Lots of brick were used in the construction of the exterior walls of the home. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 4500 Chesapeake Street Northwest was last sold in Apr 28, 2020 for $1,605,000. According to our calculations, that's $442.15 per sqft. Prior to that sales transaction, the property was sold for $1,400,000 in Jul 24, 2014. Current property owners are expected to pay $12,690 in taxes per year. The property on 4500 Chesapeake Street Northwest was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,576,890. To break that down further, the land itself was valued at $547,200. While improvements to the property were assessed at a total of $1,029,690. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: Good
  • Building Quality: A
  • Construction Type: Masonry
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 3
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Type: Unspecified basement
  • Basement Area: 660
  • Garage Type: Detached
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 3,542
  • Total Building Area: 3,630
  • Gross Building Area: 3,630
  • Building Area: 2,970
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,970
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: AMERICAN UNIVERSITY
  • Land Acres: 0.081
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Rail (right-of-way & track)
  • Legal Description 1: SQUARE 1569 LOT 0037 NBHD: AMERICAN UNIVERSITY

Ownership

  • Current Owner : RAVIV JONATHAN PHAFF
  • Current Owner 2: POLIS CAREY
  • Previous Owner : GRAY GEORGE M
  • Previous Owner 2: GRAY ANN E
  • Owner Before Previous Owner: BIETER MARK
  • Owner Before Previous Owner 2: BIETER SHANNON B
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: District of Columbia Public Schools
  • Census Tract: 001003

Zoning

  • Zoning: R-1-B

Geography

  • Assessors Map Reference: 08-0854A
  • Parcel: 1569- -0037
  • Block: 1569
  • Lot: 37
  • Municipality: WARD 3
  • Latitude: 38.9508
  • Longitude: -77.0889

    Address

  • Full Address: 4500 Chesapeake St Nw
  • Address - House Number: 4500
  • Street Segment Direction: NW
  • Address - Street Name: Chesapeake
  • Address - Suffix Type: St
  • State: DC
  • City Name: Washington
  • Carrier Code: C043
  • 4-Digit Zip Code: 4462
  • Zip Code: 20016

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $12,690

    Appraisal Valuation

  • Standard Deviation: 0.1798
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 76
  • Final Value: 1,989,277
  • High Value: 2,346,978
  • Low Value: 1,631,576

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,284,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: May 04, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $1,284,000
  • 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: $1,576,890
  • Market Land Value: $547,200
  • Market Improvement Value: $1,029,690

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,576,890
  • Assessed Land Value: $547,200
  • Assessed Improvements Value: $1,029,690

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 28, 2020
  • Current Sale Recording Date: May 04, 2020
  • Current Sale Transaction ID: 11760055487
  • Current Sale Price: $1,605,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2020053765
  • Previous Sale Recording Date: Jul 22, 2015
  • Previous Sale Contract Date: Jul 24, 2014
  • Previous Sale Amount: $1,400,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: May 04, 2020
  • First Mortgage Loan Amount: $1,284,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 4500 Chesapeake Street Northwest located in?
The 4500 Chesapeake Street Northwest is a located in the neighborhood of American University Park in Northwest Washington, Washington.
What is the average sales price for listings in 4500 Chesapeake Street Northwest?
The average sales price for units in 4500 Chesapeake Street Northwest is $0 currently.

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