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510 1st Street Southeast

510 1st Street Southeast, Washington, DC 20003
Property in Capitol Hill
Sold Nov 09, 2020
$1,150,000
$750,000 by Fairway Independent Mortgage C
Mortgage
Sold Jun 27, 2019
$650,000
$855,000 by Fidelity Direct Mortgage Llc
Mortgage
Local assessors in Washington, DC have categorized 510 1st Street Southeast as a residential type of property. The home was built in 1907 and is 117 years old. It was most recently renovated and altered in 2019. The property's lot size has been calculated to be 945 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a row home style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 2 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 is one full bathroom. There is also a partial bathroom. 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 510 1st Street Southeast has a total of 1,272 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 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 - B. The building has a sawtooth 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. As for flooring, was the material of choice during construction. Residents rely on no air conditioning for their cooling system. The home's a radiant heating system 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, 510 1st Street Southeast was last sold in Oct 16, 2020 for $1,150,000. According to our calculations, that's $602.73 per sqft. Prior to that sales transaction, the property was sold for $650,000 in Jun 20, 2019. Current property owners are expected to pay $9,845 in taxes per year. The property on 510 1st Street Southeast was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,158,180. To break that down further, the land itself was valued at $531,070. While improvements to the property were assessed at a total of $627,110. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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: 1907
  • Effective Year Built: 2019
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Masonry
  • Building Style: Row home
  • Exterior Walls Type: Brick
  • Roof Shape Type: Sawtooth
  • Roof Cover Type: Built-up
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Type: Unspecified basement
  • Basement Area: 636
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 945
  • Total Building Area: 1,908
  • Gross Building Area: 1,908
  • Building Area: 1,272
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Radiant
  • Heated Square Feet: 1,272
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CAPITOL HILL
  • Land Acres: 0.022
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Pipeline or right-of-way
  • Legal Description 1: SQUARE 0736 LOT 0096 NBHD: CAPITOL HILL

Ownership

  • Current Owner : KERCHERVILLE SCOTT E
  • Current Owner 2: KERCHERVILLE MARLISE
  • Previous Owner : 510 FIRST ST LLC
  • Owner Before Previous Owner: THE ESTATE OF MARY LILLY BURGESS

Neighborhood

  • School District Name: District of Columbia Public Schools
  • Census Tract: 006500

Zoning

  • Zoning: RF-3

Geography

  • Assessors Map Reference: 02-0221
  • Parcel: 0736- -0096
  • Block: 736
  • Lot: 96
  • Municipality: WARD 6
  • Latitude: 38.8829
  • Longitude: -77.0056

    Address

  • Full Address: 510 1st St Se
  • Address - House Number: 510
  • Street Segment Direction: SE
  • Address - Street Name: 1st
  • Address - Suffix Type: St
  • State: DC
  • City Name: Washington
  • Carrier Code: C029
  • 4-Digit Zip Code: 2606
  • Zip Code: 20003

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,845

    Appraisal Valuation

  • Standard Deviation: 0.1813
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 76
  • Final Value: 1,204,695
  • High Value: 1,423,186
  • Low Value: 986,205

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $750,000
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Nov 09, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $750,000
  • 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: $1,158,180
  • Market Land Value: $531,070
  • Market Improvement Value: $627,110

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,158,180
  • Assessed Land Value: $531,070
  • Assessed Improvements Value: $627,110

    Sales

  • Current Sale Contract Date: Oct 16, 2020
  • Current Sale Recording Date: Nov 09, 2020
  • Current Sale Transaction ID: 11805350340
  • Current Sale Price: $1,150,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2020136532
  • Previous Sale Recording Date: Jun 27, 2019
  • Previous Sale Contract Date: Jun 20, 2019
  • Previous Sale Amount: $650,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Nov 09, 2020
  • First Mortgage Loan Amount: $750,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: FIDELITY DIRECT MORTGAGE LLC
  • Previous Mortgage Transaction Date: Jun 27, 2019
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $855,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)

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Frequently Asked Questions

What neighborhood is 510 1st Street Southeast located in?
The 510 1st Street Southeast is a located in the neighborhood of Capitol Hill in Southeast Washington, Washington.
What is the average sales price for listings in 510 1st Street Southeast?
The average sales price for units in 510 1st Street Southeast is $0 currently.

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