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7541 14th Street Northwest

7541 14th Street Northwest, Washington, DC 20012
Property in Shepherd Park
Sold Apr 25, 2023
$1,214,900
$971,920 by First Savings Mortgage Corp
Mortgage Due May 01, 2053
Sold Sep 11, 2013
$735,000
$698,250 by Branch Banking And Trust Co
Mortgage
7541 14th Street Northwest in Washington, DC was first built in 1930 and is 94 years old. Although, the building on the property was most recently renovated and altered in 2003. This has been categorized as a residential property type. There are a total of 3 floors. There are a total of 7 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 7541 14th Street Northwest has 2,140 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. In total, the area measurement of the land is 5,750 square feet.

Learn more about the property and building on this page. There is a porch and a patio. The home has a gambrel style roof made of composition shingle. For those who need parking, there is a detached garage. 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 masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of A. The condition of the building has been evaluated as unknown. The exterior walls of the home are made of brick. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a radiant heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 7541 14th Street Northwest sold most recently in Apr 20, 2023 for a total of $1,214,900. If you work out the math, that's approximately a cost of $415.49 per sqft. Before that, the property was also sold for $735,000 in Sep 3, 2013. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $7,373 in taxes each year. 7541 14th Street Northwest was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $951,450. If we break it down further, the land itself was valued at $444,880. Improvements to the property, however, were assessed at a total of $506,570. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 2003
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Quality: A
  • Construction Type: Masonry
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gambrel
  • Roof Cover Type: Composition shingle
  • Floor Count: 3
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Type: Unspecified basement
  • Basement Area: 784
  • Garage Type: Detached
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 5,750
  • Total Building Area: 2,924
  • Gross Building Area: 2,924
  • Building Area: 2,140
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Radiant
  • Heated Square Feet: 2,140
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SHEPHERD PARK
  • Land Acres: 0.132
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Rail (right-of-way & track)
  • Legal Description 1: SQUARE 2774 SUFFIX W LOT 0029 NBHD: SHEPHERD PARK

Ownership

  • Current Owner : ROSS KATHERINE
  • Current Owner 2: WHITE BRETT KYLE
  • Previous Owner : RAMSAWH HOLLY J
  • Owner Before Previous Owner: CAUVIN HENRI
  • Owner Before Previous Owner 2: SWARNS RACHEL
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Right of Survivorship

Neighborhood

  • School District Name: District of Columbia Public Schools
  • Census Tract: 001600

Zoning

  • Zoning: R-1-B

Geography

  • Assessors Map Reference: 06-0694A
  • Parcel: 2774-W -0029
  • Block: 2774
  • Lot: 29
  • Municipality: WARD 4
  • Latitude: 38.982
  • Longitude: -77.0331

    Address

  • Full Address: 7541 14th St Nw
  • Address - House Number: 7541
  • Street Segment Direction: NW
  • Address - Street Name: 14th
  • Address - Suffix Type: St
  • State: DC
  • City Name: Washington
  • Carrier Code: C012
  • 4-Digit Zip Code: 1538
  • Zip Code: 20012

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,373
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.1831
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 76
  • Final Value: 1,170,853
  • High Value: 1,385,302
  • Low Value: 956,405

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $971,920
  • First Open Lien Mortgage Lender: FIRST SAVINGS MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Apr 25, 2023
  • First Open Lien Mortgage Loan Amount: $971,920
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: May 01, 2053

    Market Valuation

  • Market Total Value: $951,450
  • Market Land Value: $444,880
  • Market Improvement Value: $506,570

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $951,450
  • Assessed Land Value: $444,880
  • Assessed Improvements Value: $506,570

    Sales

  • Current Sale Contract Date: Apr 20, 2023
  • Current Sale Recording Date: Apr 25, 2023
  • Current Sale Transaction ID: 11906003776
  • Current Sale Price: $1,214,900
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 34005
  • Previous Sale Recording Date: Sep 11, 2013
  • Previous Sale Contract Date: Sep 03, 2013
  • Previous Sale Amount: $735,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST SAVINGS MORTGAGE CORP
  • First Mortgage Transaction Date: Apr 25, 2023
  • First Mortgage Loan Amount: $971,920
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: May 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: BRANCH BANKING AND TRUST CO
  • Previous Mortgage Transaction Date: Sep 11, 2013
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $698,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

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Frequently Asked Questions

What neighborhood is 7541 14th Street Northwest located in?
The 7541 14th Street Northwest is a located in the neighborhood of Shepherd Park in Northwest Washington, Washington.
What is the average sales price for listings in 7541 14th Street Northwest?
The average sales price for units in 7541 14th Street Northwest is $0 currently.

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