707 Otis Place Northwest

707 Otis Place 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 1920 and is 104 years old. The home has a total of 7 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. The building has a total of 2 stories. In addition, 707 Otis Place Northwest has 1,528 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 2,094 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a row home style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying both a unknown and a unknown. 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 C+ by the local assessor. The building has a sawtooth style roof made of metal. 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 no 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. The property was last sold in May 26, 2021 for $650,000. That's $294.38 per sqft. 707 Otis Place Northwest was last assessed in 2023. The total value of the property was assessed at $716,230. Specifically, the land the property is located on was valued at $468,720. While improvements on the property were assessed at a total of $247,510. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $6,088. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged.