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4924 Van Ness Street Northwest

4924 Van Ness Street Northwest, Washington, DC 20016
Property in Spring Valley
Sold Apr 23, 2019
$1,375,000
$1,100,000 by Suntrust Bank
Mortgage
Sold Jan 04, 2010
$1,101,500
$600,000 by Bank Of America Na
Mortgage
4924 Van Ness Street Northwest 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 1935 and is 89 years old. However, we must point out that the home was most recently renovated and altered in 2008. The home has a total of 8 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 4924 Van Ness Street Northwest has 1,726 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 7,046 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. 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 average. 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 A by the local assessor. The building has a gable style roof made of slate. 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 central air conditioning at the moment. In terms of heating, it is utilizing a radiant heating system. There is a single fireplace in the home. Perfect for those wintery nights. 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, 4924 Van Ness Street Northwest was last sold in Apr 22, 2019 for $1,375,000. According to our calculations, that's $531.50 per sqft. Prior to that sales transaction, the property was sold for $1,101,500 in Dec 18, 2009. Current property owners are expected to pay $10,346 in taxes per year. The property on 4924 Van Ness Street Northwest was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,301,160. To break that down further, the land itself was valued at $783,300. While improvements to the property were assessed at a total of $517,860. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1935
  • Effective Year Built: 2008
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Masonry
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Roof Cover Type: Slate
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Type: Unspecified basement
  • Basement Area: 861
  • Garage Type: Garage
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 7,046
  • Total Building Area: 2,587
  • Gross Building Area: 2,587
  • Building Area: 1,726
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Radiant
  • Heated Square Feet: 1,726
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SPRING VALLEY
  • Land Acres: 0.162
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Rail (right-of-way & track)
  • Legal Description 1: SQUARE 1479 LOT 0020 NBHD: SPRING VALLEY

Ownership

  • Current Owner : SCHULTE LINDSEY M
  • Current Owner 2: SCHULTE TODD L
  • Previous Owner : CUMMINGS LUCY
  • Previous Owner 2: KENDALL MATTHEW L
  • Owner Before Previous Owner: GRAY DAVID EDMAN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: District of Columbia Public Schools
  • Census Tract: 000904

Zoning

  • Zoning: R-1-B

Geography

  • Assessors Map Reference: 05-0565B
  • Parcel: 1479- -0020
  • Block: 1479
  • Lot: 20
  • Municipality: WARD 3
  • Latitude: 38.9429
  • Longitude: -77.0979

    Address

  • Full Address: 4924 Van Ness St Nw
  • Address - House Number: 4924
  • Street Segment Direction: NW
  • Address - Street Name: Van Ness
  • Address - Suffix Type: St
  • State: DC
  • City Name: Washington
  • Carrier Code: C050
  • 4-Digit Zip Code: 2356
  • Zip Code: 20016

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,346
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.1798
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 76
  • Final Value: 1,644,754
  • High Value: 1,940,504
  • Low Value: 1,349,003

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,200,000
  • First Open Lien Mortgage Lender: SUNTRUST BANK
  • First Open Lien Mortgage Recording Date: Apr 23, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $1,100,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Lender: FOUNDERS BANK
  • Second Open Lien Mortgage Recording Date: Jul 29, 2020
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $100,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $1,301,160
  • Market Land Value: $783,300
  • Market Improvement Value: $517,860

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,301,160
  • Assessed Land Value: $783,300
  • Assessed Improvements Value: $517,860

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 22, 2019
  • Current Sale Recording Date: Apr 23, 2019
  • Current Sale Transaction ID: 11602028947
  • Current Sale Price: $1,375,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2019040839
  • Previous Sale Recording Date: Jan 04, 2010
  • Previous Sale Contract Date: Dec 18, 2009
  • Previous Sale Amount: $1,101,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SUNTRUST BANK
  • First Mortgage Transaction Date: Apr 23, 2019
  • First Mortgage Loan Amount: $1,100,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Jan 04, 2010
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $600,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

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Frequently Asked Questions

What neighborhood is 4924 Van Ness Street Northwest located in?
The 4924 Van Ness Street Northwest is a located in the neighborhood of Spring Valley in Northwest Washington, Washington.
What is the average sales price for listings in 4924 Van Ness Street Northwest?
The average sales price for units in 4924 Van Ness Street Northwest is $0 currently.

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