NOT LISTED FOR SALE

7114 7th St NW Washington, DC 20012

Takoma Neighborhood

Estimated Value: $701,000 - $750,000

3 Beds
1.5 Baths
2,036 Sq Ft
$358/Sq Ft Est. Value

Last Sold February 03, 2023

Last sale price $650,000 $319 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $4,375/month

40 Days on Market

Highlights

  • 0.23 Acre Lot
  • 1 Fireplace
  • Radiator
  • Colonial Architecture
  • No HOA

About This Home

As of February 2023

INVESTOR ALERT - This home needs you to see the potential in this location and the home. Large Level Back Yard give you room to add-on to this home. Original hardwood floors - fireplace in the living room. Trash to be removed next week. There are currently 3 bedrooms and 1.5 Baths. You can change all of that to your vision.

Last Agent to Sell the Property

Maurita Bostic

(410) 721-1500 maurita.bostic@lnf.com Long & Foster Real Estate, Inc. License #SP98362381 Listed on: 11/23/2022

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Marvin Lovos

(301) 439-1180 info@heymannrealty.com Heymann Realty, LLC License #0225092764

Heymann Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,956

Year Built

  • Built in 1925

Lot Details

  • 10,000 Sq Ft Lot

Home Design

  • Colonial Architecture
  • Block Foundation
  • Stucco

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • Driveway
  • On-Street Parking

Utilities

  • Radiator
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Brightwood Subdivision

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 3175//0009

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,956

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2022-11-23
  • Year Built: 1925
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces Count: 1
  • Foundation Details: Other, Block
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 2136
  • Living Area Sq Ft: 2036
  • Price Per Sq Ft: 487.45
  • Above Grade Finished Sq Ft: 1434
  • Below Grade Finished Sq Ft: 602
  • Below Grade Sq Ft: 100
  • Total Below Grade Sq Ft: 702
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stucco
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway, On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 219210.00
  • Land Assessed Value: 444700.00
  • Lot Size Acres: 0.23
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10000.00
  • Soil Types: Unknown
  • Zoning: RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16055258
  • Tax Annual Amount: 4956.00
  • Assessor Parcel Number: 3175//0009
  • Tax Lot: 9
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2022
Closed on
Feb 3, 2023
Sold by
Lynch Donald W
Bought by
Manzueta Victor D
Seller's Agent
Maurita Bostic
Long & Foster Real Estate, Inc.
Buyer's Agent
Marvin Lovos
Heymann Realty, LLC
List Price
$800,000
Sold Price
$650,000
Premium/Discount to List
-$150,000
-18.75%
Views
49
Current Estimated Value
$728,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,654
Avg. Annual Appreciation
3.88%
Original Mortgage
$617,500
Outstanding Balance
$592,158
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$136,496
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Manzueta Victor D $650,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Manzueta Victor D $617,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/03/2023 02/03/23 Sold $650,000 -7.0% $319 / Sq Ft
11/27/2022 11/27/22 Price Changed $699,000 -12.6% $343 / Sq Ft
11/23/2022 11/23/22 For Sale $800,000 -- $393 / Sq Ft
Source: Bright MLS

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 $6,097 $717,310 $454,000 $263,310
2024 $5,903 $694,460 $451,800 $242,660
2023 $5,643 $663,910 $444,700 $219,210
2022 $4,956 $583,110 $395,700 $187,410
2021 $4,777 $562,040 $385,800 $176,240
2020 $4,573 $538,030 $364,000 $174,030
2019 $4,468 $525,620 $354,600 $171,020
2017 $4,120 $484,710 $0 $0
2016 $3,850 $452,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Maurita Bostic

    Seller's Agent in 2023

    Maurita Bostic

    Long & Foster

    (301) 503-3352

    1 in this area

    52 Total Sales

    Maurita Bostic
    Section Image
  • Marvin Lovos

    Buyer's Agent in 2023

    Marvin Lovos

    Heymann Realty, LLC

    (202) 315-6211

    1 in this area

    22 Total Sales

    Marvin Lovos
    Section Image
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Map

Source: Bright MLS

MLS Number: DCDC2075862

Bright MLS

APN: 3175-0009

District of Columbia District of Columbia County Washington 20012 Takoma

7114 7th St NW, Washington, DC

Not Listed for Sale

Detached

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