701 8th St NW Washington, DC 20001
Penn Quarter Neighborhood
Studio
--
Bath
111,026
Sq Ft
15,682
Sq Ft Lot
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
$35,592,038
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
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Home Values in the Area
Average Home Value in this Area
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
| 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 |
|---|---|---|---|---|
| 2025 | $1,017,567 | $53,839,540 | $20,464,620 | $33,374,920 |
| 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 |
| 2017 | $1,642,175 | $89,090,556 | $0 | $0 |
| 2016 | $1,522,037 | $82,596,580 | $0 | $0 |
Source: Public Records
Map
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