7327 Georgia Avenue Northwest

7327 Georgia Avenue Northwest has been categorized by the local assessors in Washington, DC as a commercial type of property. The building has a total of 2 stories. In addition, 7327 Georgia Avenue Northwest has 3,390 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 1,677 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. 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 brick 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 flat style roof. The exterior walls of the building are made of brick. The inside of the home is being cooled with a window/unit air conditioning at the moment. In terms of heating, it is utilizing a hot water heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 7327 Georgia Avenue Northwest was last sold in Jan 31, 2019 for $915,000. According to our calculations, that's $202.88 per sqft. Current property owners are expected to pay $13,656 in taxes per year. The property on 7327 Georgia Avenue Northwest was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $827,620. To break that down further, the land itself was valued at $257,500. While improvements to the property were assessed at a total of $570,120. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. 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.