507 Florida Ave NE Washington, DC 20002
Atlas District NeighborhoodEstimated Value: $753,000 - $834,000
4
Beds
2
Baths
1,296
Sq Ft
$601/Sq Ft
Est. Value
About This Home
This home is located at 507 Florida Ave NE, Washington, DC 20002 and is currently estimated at $778,309, approximately $600 per square foot. 507 Florida Ave NE is a home located in District of Columbia with nearby schools including J.O. Wilson Elementary School, Stuart-Hobson Middle School, and Eastern High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 10, 2005
Sold by
Adebo Yemissi
Bought by
Gebeyehu Balemlay
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.81%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 9, 2004
Sold by
Kassim Temitope S
Bought by
Adebo Yemissi L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,250
Interest Rate
5.71%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 8, 2003
Sold by
Abidoye Precious
Bought by
Owoola David
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,500
Interest Rate
6.35%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 9, 2002
Sold by
Adegoke Stephen
Bought by
Kassim T
Purchase Details
Closed on
Sep 25, 2001
Sold by
Cosmopolitan Investment
Bought by
Adeyoke Stephen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
6.92%
Purchase Details
Closed on
Aug 14, 2001
Sold by
Federal Nat'L Mtg Assoc
Bought by
Cosmopolitan Investment Corp
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
6.92%
Purchase Details
Closed on
Sep 22, 2000
Sold by
Turton Deola
Bought by
Adeniji Olalere
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,650
Interest Rate
7.94%
Purchase Details
Closed on
Jun 30, 1998
Sold by
Akinola Richard
Bought by
Williams Frank O
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
7.09%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Gebeyehu Balemlay | $300,000 | -- | |
Adebo Yemissi L | $275,000 | -- | |
Owoola David | $190,000 | -- | |
Kassim T | $210,000 | -- | |
Adeyoke Stephen | $150,000 | -- | |
Cosmopolitan Investment Corp | $83,900 | -- | |
Adeniji Olalere | $127,000 | -- | |
Williams Frank O | $90,000 | First American Title Insuran | |
Akinola Richard | $50,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Gebeyehu Balemlay | $315,000 | |
Closed | Gebeyehu Balemlay | $240,000 | |
Previous Owner | Adebo Yemissi L | $261,250 | |
Previous Owner | Owoola David | $180,500 | |
Previous Owner | Adeyoke Stephen | $142,500 | |
Previous Owner | Adeniji Olalere | $120,650 | |
Previous Owner | Williams Frank O | $72,000 |
Source: Public Records
Tax History Compared to Growth
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2024 | $37,437 | $748,730 | $508,610 | $240,120 |
2023 | $6,161 | $724,810 | $501,330 | $223,480 |
2022 | $5,762 | $677,860 | $462,630 | $215,230 |
2021 | $5,571 | $655,440 | $458,050 | $197,390 |
2020 | $5,336 | $627,760 | $434,750 | $193,010 |
2019 | $4,207 | $587,780 | $408,760 | $179,020 |
2018 | $3,836 | $550,600 | $0 | $0 |
2017 | $3,494 | $527,030 | $0 | $0 |
2016 | $3,183 | $469,270 | $0 | $0 |
2015 | $2,896 | $433,860 | $0 | $0 |
2014 | $2,642 | $381,080 | $0 | $0 |
Source: Public Records
Map
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