2 months on rocket

1027 16th St NE, Washington, DC, 20002

$1,150,000

Home List Price

$10,000*

Closing Credit

0 Baths
2,640 SqFt
$436/SqFt
Multi

Location

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1027 16th St NE, Washington$1,150,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingDriveway, Parking Lot
Year Built1940
HeatingRadiant
CoolingWindow Unit(s)
MLS #DCDC2158524
Lot Size0.07 Acres
StatusActive
(ACTIVE)

About 1027 16th St NE

**Up to $10,000 Grant funds for closing from select lenders for approved Buyers **Four unit building in the heart of so much new development in Trinidad and Carver Langston. Each unit has 2BRs and 1 Bath. One unit fully renovated in 2023--Perfect for an owner to occupy the renovated unit and lease the other 3 units for a long term investment. This area is such a great location for DC foodies and art lovers--steps to H ST dining and entertainment, so close to Union Market restaurants and Ivy City breweries. Easy to use the metro and Trolley if you want to live car free!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1940
  • Living Area: 2,640 SqFt

Listing Office:

  • Office Name: Long & Foster Real Estate, Inc.
  • Office Phone: (202) 299-0424
  • Listing Agent: Vanessa Hardee

Exterior Features

Parking Information:

  • Parking: Driveway, Parking Lot

Lot Features

Lot Information:

  • Lot Size: 0.07 Acres

Utilities

Utilities Information:

  • Heating: Radiant
  • Cooling: Window Unit(s)

Other

Directions Information:

  • Directions: From Bladensburg Rd NE, travel south past Mount Olivet Road, right on Oates St NE, right on 16h St NE to 1027 on your right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,150,000
  • Price Per SqFt: $436/SqFt

Tax Information:

  • Annual Amount: $4,671
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Washington, DC.

Med. Sold Price

$672.3K

Med. Price/SqFt

$511

Avg. Days On Market

43

# of Sold Homes

485

1027 16th St NE vs Washington

68 DAYS ON ROCKET

+25 Days

$1,150,000

+$477.6K More

$436/SqFt

-$75 Less

KEY TAKEAWAY

This property is $477.6K more than the Median Sold Price and $75/SqFt less than other homes in Washington, DC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #DCDC2158524

Listing Office:

  • Office Name: Long & Foster Real Estate, Inc.
  • Office Phone: (202) 299-0424
  • Listing Agent: Vanessa Hardee

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 5:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 04, 2015Home Sold
$344,280
Jul 01, 2013Home Sold
$316,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,671$549,520
2019$4,292$505,000
2018$3,798$446,810
2017$3,396$399,560

History based on county public records data.

Payment Calculator

$5,807

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,514

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-399295
6
/10
  • Kipp Dc - Spring Academy Public Charter School

  • 1375 Mount Olivet Rd NE

  • 0.26 miles

  • Public Charter Grades 1-4

school-card-donut-399296
3
/10
  • Miner Elementary School

  • 601 15th St NE

  • 0.44 miles

  • Public District Grades EE-5

school-card-donut-399297
8
/10
  • School-Within-School at Goding

  • 704 26th St NE

  • 0.55 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,895. Typical income of Washington, DC residents is between $35k-100k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas


Rocket Homes›District of Columbia›Washington›20002›1027 16th St NE

This home is located at 1027 16th St NE in Washington, DC and zip code 20002 in the Northeast neighborhood. This 2,640 square foot home, which was built in 1940, sits on a 0.07 acre lot. It has been listed on Rocket Homes since September 10, 2024 and is currently priced at $1,150,000.

In October 2024, from all listings sold in Washington, DC there were more than 142 sold above asking price, over 225 sold below and more than 118 were sold right at the asked price. The number of homes for sale in Washington, DC increased by 21.3% between September 2024 and October 2024. Listings spent 43 days on the market in October 2024, and had a median list price of $672,329 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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