Check Availability
$1,300,000
House - For Sale

7305 GEORGIA AVE NW

WASHINGTON, DC 20012
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2213 Sqft
$6,384
Estimated Monthly
$0
HOA / Fees

About This Property

Established, modern 2-level mixed-use building located in a prime business location with booming development all around. Prominently situated within walking distance to the all-new multi-phase development; The Parks at Historic Walter Reed with a new Whole Foods Market.  The upper level offers a fully remodeled open floor plan unit with 2 bedrooms, 1 den, 1 full bath,  an attractive open kitchen with stainless steel appliances (two ovens), granite countertops, large center island with granite, hardwood floors, stacked washer and dryer, trendy metal stair railing – urban charm! The exterior offers a large private deck, 1 parking space in the rear of the building, and ample street parking. There is also a basement area where the utilities are housed. Strong potential for increased foot traffic and values as part of the vibrant and progressing Brightwood neighborhood. This turn-key property is subject to one residential lease through February 2024. The retail space is vacant.  The updated storefront unit is built out as a hair salon that originally opened in 1999 and remodeled in 2012 but can be converted into another business type. It currently features a large open space with LVP flooring, modern lighting, 6 stylist stations, an esthetician station, 3 shampoo stations and multiple hair drying stations, a half bath, and a staff lounge/storage area. Units are separately metered. This offering is a rare opportunity to acquire a self-sufficient real estate investment.  Are you a seasoned stylist or business owner and ready to step into your destiny of living upstairs and working downstairs running your salon or other business? Or are you savvy buyer who can live upstairs and collect rent from a tenant downstairs to pay a portion of your mortgage.  Property being sold AS-IS. Showings require 24 hours' notice.  All showings are by appointment.
Unit Size
2,213Ft²
Days on Market
91 days
Land Size
0.04 acres
Price per sqft
$587
Property Type
House
Property Taxes
$724
HOA Dues
-
Year Built
1927
Listed By
Nyya Wellington Bance
Long & Foster Real Estate, Inc.
Carole Watson
Long & Foster Real Estate, Inc.
Last updated: 4 months ago (Bright MLS #DCDC2125340)

Price History

Date / Event Date Event Price
Jan 30, 2024 Listed by Long & Foster Real Estate, Inc. $1,300,000
Listed by Long & Foster Real Estate, Inc.
Jan 4, 2024 Relisted $1,400,000
Relisted
Jan 4, 2024 Price Decreased $1,300,000
↓ $100K (7.1%)
Price Decreased
Jan 2, 2024 No longer available -
No longer available
Jul 27, 2023 Price Decreased $1,400,000
↓ $100K (6.7%)
Price Decreased
Show More

Property Highlights

Air Conditioning
With View
Parking Details
Parking Features: Driveway, On Street
Total Garage and Parking Spaces: 1
Interior Details

Bedroom Information

Bedrooms on 1st Upper Level: 2

Bathroom Information

Full Bathrooms on 1st Upper Level: 1

Interior Information

Interior Features: Built-Ins, Ceiling Fan(s), Combination Kitchen/Living, Floor Plan - Open, Primary Bath(s), Upgraded Countertops, Walk-in Closet(s), Wood Floors
Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan, Icemaker, Oven - Double, Refrigerator, Stove, Washer, Water Heater
Flooring Type: Luxury Vinyl Plank, Wood
Living Area Square Feet Source: Estimated

Room Information

Laundry Type: Dryer In Unit, Washer In Unit

Basement Information

Has Basement
Outside Entrance, Poured Concrete, Rear Entrance, Other

Building Info

Overview

    General

  • Year Built: 1927
  • Effective Year Built: 1927
  • Building Count: 1
  • Bedroom Count: 0
  • Floor Count: 2
  • Business/Commerical Units Count: 1
  • Basement Area: 460
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,571
  • Total Building Area: 2,673
  • Gross Building Area: 2,673
  • Building Area: 2,673
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,213
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: BRIGHTWOOD
  • Land Acres: 0.036
  • Legal Description 1: SQUARE 2964 LOT 0027 NBHD: BRIGHTWOOD

Ownership

  • Current Owner : ANDREWS ROBERT M
  • Previous Owner : RUDDEN JANET L

Neighborhood

  • School District Name: District of Columbia Public Schools
  • Census Tract: 010300

Zoning

  • Zoning: MU-4

Geography

  • Assessors Map Reference: 06-0694B
  • Parcel: 2964- -0027
  • Block: 2964
  • Lot: 27
  • Municipality: WARD 4
  • Latitude: 38.9786
  • Longitude: -77.0261

    Address

  • Full Address: 7305 Georgia Ave Nw
  • Address - House Number: 7305
  • Street Segment Direction: NW
  • Address - Street Name: Georgia
  • Address - Suffix Type: Ave
  • State: DC
  • City Name: Washington
  • Carrier Code: C006
  • 4-Digit Zip Code: 1719
  • Zip Code: 20012

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,831
  • Tax Rate Code Area: 002

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $483,000
  • First Open Lien Mortgage Lender: VELOCITY COMMERCIAL CAPITAL LL
  • First Open Lien Mortgage Recording Date: Dec 21, 2020
  • First Open Lien Mortgage Financing Type: unknown
  • First Open Lien Mortgage Loan Amount: $483,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown
  • First Open Lien Mortgage Loan Due Date: Dec 21, 2050

    Market Valuation

  • Market Total Value: $535,210
  • Market Land Value: $241,230
  • Market Improvement Value: $293,980

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $535,210
  • Assessed Land Value: $241,230
  • Assessed Improvements Value: $293,980

    Sales

  • Current Sale Recording Date: Feb 25, 1994
  • Current Sale Transaction ID: 11443416104
  • Current Sale Price: $100,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 16229

    Last Sale Mortgage

  • First Mortgage Lender: SELLER
  • First Mortgage Transaction Date: Feb 25, 1994
  • First Mortgage Loan Amount: $92,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: unknown

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
3 Baths
1,880 ft²
$420/ft²
$790,000 Apr 7, 2023
$790,000 Aug 23, 2023
-
House
5 Beds
3 Baths
2,423 ft²
$516/ft²
$1,250,000 Mar 17, 2023
$1,250,000 May 25, 2023
-
House
3 Beds
5 Baths
2,622 ft²
$490/ft²
$1,285,000 Apr 14, 2023
$1,285,000 May 12, 2023
-
House
4 Beds
3 Baths
2,482 ft²
$483/ft²
$1,200,000 Mar 25, 2023
$1,200,000 Apr 18, 2023
-
House
4 Beds
4 Baths
2,525 ft²
$606/ft²
$1,530,228 Mar 3, 2023
$1,530,228 Apr 10, 2023
-
House
4 Beds
4 Baths
2,152 ft²
$523/ft²
$1,125,000 Oct 20, 2023
$1,125,000 Nov 20, 2023
-
House
3 Beds
4 Baths
2,243 ft²
$664/ft²
$1,490,000 Nov 18, 2023
-
-
Condo
3 Beds
3 Baths
1,405 ft²
$818/ft²
$1,149,900 Jan 21, 2024
-
-
Condo
3 Beds
2.5 Baths
-
$1,149,900 Jan 21, 2024
-
-
House
8 Beds
6 Baths
4,861 ft²
$288/ft²
$1,399,999 Oct 19, 2023
-
-
Commercial
Loft
-
-
$1,300,000 May 28, 2023
-
-

About Takoma - DC


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Frequently Asked Questions

When was property at 7305 Georgia Avenue Northwest built and last sold?
The property at 7305 Georgia Avenue Northwest was built in 1927 and last sold on Jan 1, 1970 for $100,000.
How much is this home worth?
The estimated value of the home located at 7305 Georgia Avenue Northwest is $1,316,547.
What are some comparable homes to 7305 Georgia Avenue Northwest?
Homes that are comparable to 7305 Georgia Avenue Northwest include a house property at 7317 Alaska Avenue Northwest, a condo property at 7175 12th Street Northwest, a house property at 7305 Georgia Avenue Northwest.

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