616 R Street Northwest

616 R Street Northwest in Washington, DC was first built in 1900 and is 124 years old. Although, the building on the property was most recently renovated and altered in 2015. This has been categorized as a commercial property type. For those interested in architecture, the building on the property was built in a multifamily style. There are a total of 2 floors. There are a total of 12 rooms in the home, of which, 6 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 616 R Street Northwest has 1,734 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 1,233 square feet.

Learn more about the property and building on this page. The home has a sawtooth style roof made of metal. For those who need parking, there is a garage. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as good. The exterior walls of the home are made of brick. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a 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, 616 R Street Northwest sold most recently in Nov 26, 2019 for a total of $1,210,000. If you work out the math, that's approximately a cost of $465.21 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 $8,275 in taxes each year. 616 R Street Northwest was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,057,490. If we break it down further, the land itself was valued at $537,550. Improvements to the property, however, were assessed at a total of $519,940. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation.