NOT LISTED FOR SALE

701 8th St NW Washington, DC 20001

Penn Quarter Neighborhood
-- Bed
-- Bath
111,026 Sq Ft
0.36 Acres

About This Home

This home is located at 701 8th St NW, Washington, DC 20001. 701 8th 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
Aug 27, 2024
Sold by
Oconee Real Estate Holdings Viii Portrai
Bought by
Jemals Portrait Building Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,041,000
Outstanding Balance
$35,658,360
Interest Rate
6.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2024
Sold by
Regency Portrait Llc
Bought by
Oconee Real Estate Holdings Viii Portrait Llc
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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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
Jemals Portrait Building Llc $34,250,000 Fidelity National Title
Oconee Real Estate Holdings Viii Portrait Llc $33,325,746 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jemals Portrait Building Llc $36,041,000
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 $1,083,494 $57,327,730 $20,464,620 $36,863,110
2023 $1,182,020 $62,540,730 $20,063,430 $42,477,300
2022 $1,325,689 $70,142,290 $20,063,430 $50,078,860
2021 $1,516,061 $80,214,870 $20,063,430 $60,151,440
2020 $1,578,606 $83,524,150 $18,239,550 $65,284,600
2019 $301,425 $84,736,010 $18,239,550 $66,496,460
2018 $1,535,772 $83,339,015 $0 $0
2017 $1,642,175 $89,090,556 $0 $0
2016 $1,522,037 $82,596,580 $0 $0
2015 $1,483,723 $80,525,550 $0 $0
2014 $1,379,456 $74,889,530 $0 $0
Source: Public Records

Map

District of Columbia District of Columbia County Washington 20001 Penn Quarter

701 8th St NW, Washington, DC

This home is located at 701 8th St NW, Washington, DC 20001. 701 8th 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.

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