Washington · Commercial sale
Design Homes buys 5601 Colorado Ave NW in Washington for $1.24 million
An apartment building at 5601 Colorado Ave NW, Washington sold for $1,237,000 on October 14, 2026. See the seller and buyer net sheets for this sale.
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- Sale price
- $1,237,000
- Sold
- October 14, 2026
- Property type
- Apartment building
- Building area
- 5,596 sq ft
- Price per sq ft
- $221
- Year built
- 1936
The $1,237,000 sale of an apartment building at 5601 Colorado Ave NW in Washington is 71% above its recorded market value. The District of Columbia Office of Tax and Revenue's property sales records show it sold on October 14, 2026. The record lists Design Homes LLC as the buyer.
The DC Office of Tax and Revenue's records list 5,596 square feet of building area, a 2,730-square-foot lot and a build year of 1936. The sale price works out to $221 per square foot.
The market value on record is $724,850, according to the DC Office of Tax and Revenue's records. The last sale before this one on record was $565,000 in 2012. This price is 2.2 times that.
This summary was written by AI from public sales records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.
What were the closing costs in District of Columbia?
By our estimate, the seller's two largest charges, not counting prorations, were $17,936.50 for the deed transfer tax and $400 for the settlement / closing fee. Who pays what follows District of Columbia custom.
How much did the seller net?
By our estimate, the seller netted about $1,218,343. That is before any broker commissions and any loan payoff.
How much cash did the buyer bring to closing?
A cash buyer would need about $1,259,414 at closing. That covers the full price and closing costs.
Source: DC Office of Tax and Revenue, real property tax roll (ITSPE), document 2026101222. Property details: DC Office of Tax and Revenue. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.
