5 months on rocket

1216 16th St NE, Washington, DC, 20002

$840,000

Home List Price

$9,975*

Closing Credit

0 Baths
2,640 SqFt
$318/SqFt
Multi

Location

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1216 16th St NE, Washington$840,000

Buyer Closing Credits

$9,975*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingOn Street, Off Street
Year Built1942
HeatingHot Water
CoolingNone
MLS #DCDC2143902
Lot Size0.03 Acres
StatusActive
(ACTIVE)

About 1216 16th St NE

Rare opportunity to purchase a 4-unit in an excellent location close to Union Station Metro, Eastern Market, US Capitol Complex, and all the attractions on the Hill. The property has a Walk Score of 92 and a Bike Score of 97. Each unit has 1 bedroom and 1 bathroom, making it ideal for condo conversion or as a long-term cash-generating investment. Additionally, the property has parking spaces in the rear. The owners are asking for proof of funds or a lender letter from potential buyers. Please take caution when walking through the property as the seller does not guarantee the condition of the property, one unit is fire-damaged. The property is located on the DC Streetcar route, which offers free daily rides, and is close to grocery stores like Whole Foods, Trader Joe’s, and top-rated restaurants, cafes, and shops in the H Street Corridor. The property offers an awesome location, location, location!

Property Details

Property Features

Property Information:

  • Architectural Style: Federal
  • Year Built: 1942
  • Living Area: 2,640 SqFt

Listing Office:

  • Office Name: Anacostia River Realty
  • Office Phone: (202) 677-2818
  • Listing Agent: Darrin D Davis

Interior Features

Interior Information:

  • Basement: No

Exterior Features

Parking Information:

  • Parking: On Street, Off Street

Lot Features

Lot Information:

  • Lot Size: 0.03 Acres

Utilities

Utilities Information:

  • Heating: Hot Water
  • Cooling: None

Other

Directions Information:

  • Directions: See GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $840,000
  • Price Per SqFt: $318/SqFt

Tax Information:

  • Annual Amount: $3,904
  • Tax Year: 2020
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Housing Market Comparison

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

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Washington, DC

City

Med. Sold Price

$672.3K

Med. Price/SqFt

$511

Avg. Days On Market

43

# of Sold Homes

485

1216 16th St NE vs Washington

176 DAYS ON ROCKET

+133 Days

$840,000

+$167.6K More

$318/SqFt

-$193 Less

KEY TAKEAWAY

This property is $167.6K more than the Median Sold Price and $193/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: #DCDC2143902

Listing Office:

  • Office Name: Anacostia River Realty
  • Office Phone: (202) 677-2818
  • Listing Agent: Darrin D Davis

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: 11/22/2024, 9:20:55 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

Dec 19, 1997Home Sold
$95,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,904$459,290
2019$3,593$422,790
2018$3,183$374,460
2017$2,811$330,760

History based on county public records data.

Payment Calculator

$4,260

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,585

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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-570399
6
/10

  • Kipp Dc - Spring Academy Public Charter School

  • 1375 Mount Olivet Rd NE

  • 0.09 miles

  • Public Charter Grades 1-4

school-card-donut-570400
8
/10

  • School-Within-School at Goding

  • 704 26th St NE

  • 0.56 miles

  • Public District Grades PK-5

school-card-donut-570401
4
/10

  • Two Rivers Public Charter School - Young Elementary School

  • 820 26th St NE

  • 0.62 miles

  • Public Charter Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $24,685. Residents of Washington, DC typically earn less than $35k each year. Most families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›District of Columbia›Washington›20002›1216 16th St NE

This home is located at 1216 16th St NE in Washington, DC and zip code 20002 in the Northeast neighborhood. This 2,640 square foot home, which was built in 1942, sits on a 0.03 acre lot. It has been listed on Rocket Homes since May 30, 2024 and is currently priced at $840,000.

Washington, DC housing market in October 2024 saw over 142 listings sold above listed price, more than 118 sold at listed price and over 225 sold below. The number of listings in Washington, DC increased by 21.3% between September 2024 and October 2024. In October 2024 median list price was $672,329 and the average listing age was 43 days.

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

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