NOT LISTED FOR SALE

509 7th St NW Washington, DC 20004

Penn Quarter Neighborhood

Estimated Value: $11,975,852

-- Bed
2 Baths
16,512 Sq Ft
$725/Sq Ft Est. Value

About This Home

This home is located at 509 7th St NW, Washington, DC 20004 and is currently estimated at $11,975,852, approximately $725 per square foot. 509 7th St NW is a home located in District of Columbia with nearby schools including Thomson Elementary School, Cardozo Education Campus, and Center City Public Charter School - Shaw.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 22, 2016
Sold by
Lawrence D Limited Partnership A Marylan
Bought by
Jemal'S Second Nartional Bank Llc A Dist
Current Estimated Value
$11,975,852

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,370
Outstanding Balance
$12,957
Interest Rate
3.65%
Mortgage Type
Commercial
Estimated Equity
$11,962,895

Purchase Details

Closed on
Feb 24, 1994
Sold by
First Union Natl Bk Of Dc
Bought by
Lawrence D Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
6.96%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jemal'S Second Nartional Bank Llc A Dist $10,149,400 None Available
Lawrence D Lp $1,050,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jemal'S Second Nartional Bank Llc A Dist $16,370
Previous Owner Lawrence D Lp $900,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

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 $157,232 $8,883,190 $2,951,350 $5,931,840
2023 $172,176 $9,727,450 $2,893,450 $6,834,000
2022 $202,340 $10,705,820 $2,893,450 $7,812,370
2021 $265,247 $14,034,210 $2,893,450 $11,140,760
2020 $257,028 $13,599,390 $2,630,410 $10,968,980
2019 $273,108 $14,450,145 $2,630,410 $11,819,735
2018 $258,661 $14,306,020 $0 $0
2017 $262,154 $14,494,790 $0 $0
2016 $262,154 $14,494,790 $0 $0
2015 $254,962 $14,106,040 $0 $0
2014 $189,959 $10,592,360 $0 $0
Source: Public Records

Map

District of Columbia District of Columbia County Washington 20001 Penn Quarter

509 7th St NW, Washington, DC

This home is located at 509 7th St NW, Washington, DC 20004 and is currently estimated at $11,975,852, approximately $725 per square foot. 509 7th St NW is a home located in District of Columbia with nearby schools including Thomson Elementary School, Cardozo Education Campus, and Center City Public Charter School - Shaw.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes