501 School St SW, Washington, DC 20024 Property Records

District of Columbia property record for 501 School St SW, Washington, DC 20024 · Last verified June 2026

Property Highlights

Property Type	Commercial > Office > Commercial Office
Bathrooms	8 Baths
Year Built	Built 1988
Square Footage	119,720 sqft Gross Area
Lot Size	11,110 sqft (0.255 acres)
Garage	Basement
Last Sale	$16,557,000 (2017)
Tax Bill	$196,294.00 (2025)

Property Details

APN / Parcel Number

Primary APN	`0494-0859`

Interior

Full Baths	8 Baths
Partial Baths	16 Partial Baths
Total Rooms	80 Rooms
Units	10 Units
Building Area	119,720 sqft Gross Area
Basement Area	16,114 sqft Basement
Stories	8 Stories

Exterior

Year Built	Built 1988
Effective Year Built	Effective 1988
Exterior Material	Brick Exterior
Construction Type	Concrete Construction
Roof Construction	Flat Roof Construction
Roof Material	Builtup (layered Asphalt) Roof
Lot Area	11,110 sqft (0.255 acres)
Garage Type	Basement Garage

Utilities and HVAC

Heating System	Heat Pump Heating

Location & Zoning

Street Address	501 SCHOOL ST SW
City	WASHINGTON
State	DC
Zip	20024-2754
Property Usage	Commercial Property Usage
Type	Commercial > Office > Commercial Office
Legal Description	SQUARE 0494 LOT 0859 NBHD: R. L. A. SW
Legal Subdivision	R. L. A. SW
Legal Block	494
Legal Lot Number	859
Jurisdiction	DISTRICT OF COLUMBIA DC
Minor Civil Division	WASHINGTON
Census Blockgroup	4
Census Block	4001
Census Tract	10202

Owner

Source: District of Columbia records · APN 0494-0859

Assessment roll updated October 29, 2025 · Last verified June 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Individual Owner on File
Mailing Address	1627 K ST NW, LEVELL, WASHINGTON, DC 20006-1702
Owner Type	Owner is a Company
Vesting	Company

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Verified Name on Deed
Known Transactions	Last Sale Amount on Jul 12, 2017 Deed Sale Price on Jul 12, 2017
Deed Doc Number	201776191
Record Refreshed	Sep 20, 2026

July 2017: Trustee's Deed, Transfer

Document Type	Trustee's Deed
Jurisdiction	DISTRICT OF COLUMBIA DC
Recording Date	Jul 12, 2017
Property Address	501 SCHOOL ST SW, WASHINGTON, DC 20024-2754
Document Number	0000076191
Instrument Date	Jul 10, 2017
Instrument	76191
Transaction Type	Transfer
Record Updated	Jul 20, 2017
Title Company	COMMONWEALTH LAND TITLE INSURANCE, COMMONWEALTH LAND TITLE INS

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on File
Loan-to-Value (LTV)	LTV on Record
Tax	$240,076.00
Additional	Arms Length Transaction

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	485 SCHOOL ST SW WASHINGTON DC 200242711, WASHINGTON, DC 20024-2711

Mortgage

Document Number	76192
Date	Jul 12, 2017
Instrument	76192

Lender

Name	501 SCHOOL ASSOCIATES LLP
Address	8 OCEAN E, MARATHON, FL 33050-2508

Agreement

Type	Line of Credit
Amount	Amount Recorded

Interest

Rate Type	Adjustable Rate

Tax Assessment & Valuation

Source: District of Columbia records · Assessment roll updated October 29, 2025 · Last verified June 2026

Property Jurisdictions

Type	Name
Federal District & City	Washington, District of Columbia
Unified School District	District of Columbia Public Schools (PK - 12)

Tax Bill & Assessment History

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$196,294.00 (-23.74%)	$10,385,930 (-32.38%) Land $8,912,780 Building $1,473,150	$10,385,930 (-32.38%) Land $8,912,780 Building $1,473,150
2023	$257,397.00	$15,358,990 Land $8,738,020 Building $6,620,970	$15,358,990 Land $8,738,020 Building $6,620,970