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701 8th Street Northwest

701 8th Street Northwest, Washington, DC 20001
Property in Chinatown
701 8th Street Northwest in Washington, DC was first built in 2005 and is 19 years old. This has been categorized as a office property type. There are a total of 8 floors. 701 8th Street Northwest has 111,026 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. The basement is 43,750 sqft and has been categorized as a unknown. In total, the area measurement of the land is 15,690 square feet.

Learn more about the property and building on this page. 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 concrete control joints. The quality of the control joints have been graded by the local assessor with a letter grade of A. The exterior walls of the home are made of brick veneer. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Tax-wise, the current owner is expected to pay close to $1,182,020 in taxes each year. 701 8th Street Northwest was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $62,540,730. If we break it down further, the land itself was valued at $20,063,430. Improvements to the property, however, were assessed at a total of $42,477,300. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 0
  • Building Quality: A
  • Construction Type: Concrete
  • Exterior Walls Type: Brick veneer
  • Floor Count: 8
  • Business/Commerical Units Count: 10
  • Basement Area: 43,750
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 15,690
  • Total Building Area: 111,026
  • Gross Building Area: 111,026
  • Building Area: 111,026
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 111,026
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Office
  • Subdivision: CENTRAL
  • Land Acres: 0.36
  • Standard Land Use Code: Commercial office (general)
  • Legal Description 1: SQUARE 0429 LOT 0838 NBHD: CENTRAL

Ownership

  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: District of Columbia Public Schools
  • Census Tract: 005802

Zoning

  • Zoning: D-7

Geography

  • Assessors Map Reference: 01-0015
  • Parcel: 0429- -0838
  • Block: 429
  • Lot: 838
  • Municipality: WARD 2
  • Latitude: 38.8988
  • Longitude: -77.0226

    Address

  • Full Address: 701 8th St Nw
  • Address - House Number: 701
  • Street Segment Direction: NW
  • Address - Street Name: 8th
  • Address - Suffix Type: St
  • State: DC
  • City Name: Washington
  • Carrier Code: C041
  • 4-Digit Zip Code: 3854
  • Zip Code: 20001

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,182,020
  • Tax Rate Code Area: 002

    Market Valuation

  • Market Total Value: $62,540,730
  • Market Land Value: $20,063,430
  • Market Improvement Value: $42,477,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $62,540,730
  • Assessed Land Value: $20,063,430
  • Assessed Improvements Value: $42,477,300

About Northwest Washington



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Frequently Asked Questions

What neighborhood is 701 8th Street Northwest located in?
The 701 8th Street Northwest is a located in the neighborhood of Chinatown in Northwest Washington, Washington.
What is the average sales price for listings in 701 8th Street Northwest?
The average sales price for units in 701 8th Street Northwest is $0 currently.

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