NOT LISTED FOR SALE

7114 7th St NW Washington, DC 20012

Takoma Neighborhood

Estimated Value: $674,000 - $791,000

3 Beds
1.5 Baths
2,036 Sq Ft
$356/Sq Ft Est. Value

Sale Details

Date Sold: February 3, 2023

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

Est. 12% increase in value since last sale

Current estimated payment $4,402 / mo

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
  • Heating System Uses Natural Gas
  • 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

10,000 Sq Ft Lot

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2022
Closed on
Feb 3, 2023
Sold by
Bought by
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
$725,177

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,177
Avg. Annual Appreciation
3.25%
Original Mortgage
$617,500
Outstanding Balance
$592,158
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$133,019
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$650,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2018 $4,379 $515,200 $0 $0
2017 $4,120 $484,710 $0 $0
2016 $3,850 $452,950 $0 $0
2015 $3,457 $406,700 $0 $0
2014 $3,080 $362,390 $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

    46 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

    24 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

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