518 Newton Place Northwest

Local assessors in Washington, DC have categorized 518 Newton Place Northwest as a unknown type of property. The home was built in 1914 and is 110 years old. The property's lot size has been calculated to be 1,600 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 3 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 are also 2 partial bathrooms. 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 518 Newton Place Northwest has a total of 1,240 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. Do you like to entertain? The home has both a unknown and a unknown 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 unknown. 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 unknown 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 - unknown. The building has a unknown style roof that was made of unknown. Lots of unknown 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 unknown for their cooling system. The home's unknown is the primary heating source. 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, 518 Newton Place Northwest sold most recently in Feb 17, 2023 for a total of $515,000. If you work out the math, that's approximately a cost of $276.88 per sqft. Before that, the property was also sold for $82,800 in Mar 5, 1999. 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 $5,551 in taxes each year. 518 Newton Place Northwest was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $653,090. If we break it down further, the land itself was valued at $444,450. Improvements to the property, however, were assessed at a total of $208,640. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.