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741 Nicholson Street Northeast

741 Nicholson Street Northeast, Washington, DC 20011
Property in Queens Chapel
Sold Aug 24, 2023
$699,500
$594,575 by Flagstar Bank, Fsb
Mortgage Due Sep 01, 2053
Sold May 16, 2022
$470,000
$388,000 by Decisive Investment Group Llc
Mortgage
Local assessors in Washington, DC have categorized 741 Nicholson Street Northeast as a residential type of property. The home was built in 1953 and is 71 years old. The property's lot size has been calculated to be 4,507 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 741 Nicholson Street Northeast has a total of 1,246 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Do you like to entertain? The home has both a porch and a patio so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a flat style roof that was made of asphalt and ply sheets in a built-up roof style. Lots of brick were used in the construction of the exterior walls of the home. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a heating system is the primary heating source. The property was last sold in Aug 22, 2023 for $699,500. That's $374.26 per sqft. Prior to that sales transaction, the property was also sold in May 11, 2022 for $470,000. 741 Nicholson Street Northeast was last assessed in 2023. The total value of the property was assessed at $509,870. Specifically, the land the property is located on was valued at $341,950. While improvements on the property were assessed at a total of $167,920. 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 $4,334. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Brick
  • Roof Shape Type: Flat
  • Roof Cover Type: Built-up
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Type: Unspecified basement
  • Basement Area: 623
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 4,507
  • Total Building Area: 1,869
  • Gross Building Area: 1,869
  • Building Area: 1,246
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,246
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RIGGS PARK
  • Land Acres: 0.104
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Road (right-of-way)
  • Legal Description 1: SQUARE 3742 LOT 0088 NBHD: RIGGS PARK

Ownership

  • Current Owner : TEAT ANTHONY T
  • Previous Owner : LITO & W LLC
  • Owner Before Previous Owner: RIGGS PARK LAND CO INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: District of Columbia Public Schools
  • Census Tract: 009507

Zoning

  • Zoning: R-2

Geography

  • Assessors Map Reference: 07-0791B
  • Parcel: 3742- -0088
  • Block: 3742
  • Lot: 88
  • Municipality: WARD 4
  • Latitude: 38.9579
  • Longitude: -76.9958

    Address

  • Full Address: 741 Nicholson St Ne
  • Address - House Number: 741
  • Street Segment Direction: NE
  • Address - Street Name: Nicholson
  • Address - Suffix Type: St
  • State: DC
  • City Name: Washington
  • Carrier Code: C055
  • 4-Digit Zip Code: 2707
  • Zip Code: 20011

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,334
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.0797
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 94
  • Final Value: 702,188
  • High Value: 758,167
  • Low Value: 646,209

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $594,575
  • First Open Lien Mortgage Lender: FLAGSTAR BANK, FSB
  • First Open Lien Mortgage Recording Date: Aug 24, 2023
  • First Open Lien Mortgage Loan Amount: $594,575
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2053

    Market Valuation

  • Market Total Value: $509,870
  • Market Land Value: $341,950
  • Market Improvement Value: $167,920

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $509,870
  • Assessed Land Value: $341,950
  • Assessed Improvements Value: $167,920

    Sales

  • Current Sale Contract Date: Aug 22, 2023
  • Current Sale Recording Date: Aug 24, 2023
  • Current Sale Transaction ID: 11911811321
  • Current Sale Price: $699,500
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 73629
  • Previous Sale Recording Date: May 16, 2022
  • Previous Sale Contract Date: May 11, 2022
  • Previous Sale Amount: $470,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FLAGSTAR BANK, FSB
  • First Mortgage Transaction Date: Aug 24, 2023
  • First Mortgage Loan Amount: $594,575
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: DECISIVE INVESTMENT GROUP LLC
  • Previous Mortgage Transaction Date: May 16, 2022
  • Previous Mortgage Loan Amount: $388,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Northeast Washington



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Frequently Asked Questions

What neighborhood is 741 Nicholson Street Northeast located in?
The 741 Nicholson Street Northeast is a located in the neighborhood of Queens Chapel in Northeast Washington, Washington.
What is the average sales price for listings in 741 Nicholson Street Northeast?
The average sales price for units in 741 Nicholson Street Northeast is $0 currently.

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