1625 21st Pl SE represents an exceptional investment opportunity in a burgeoning market. The approved plans for a 20-unit condominium development in the rapidly transforming Anacostia neighborhood provide a clear path to high returns. With strong market fundamentals, a prime location, and robust neighborhood amenities, this property is well-positioned to meet the growing demand for quality housing in Washington, DC. The property's value is significantly enhanced by the pre-approved development plans for a 20-unit condominium building. This approval mitigates much of the initial development risk and expedites the construction timeline, allowing investors to capitalize on the market demand more quickly poised to deliver substantial returns in one of the city's most promising real estate markets. The 20 units are a mixture of one (1) beds / one (1) bath & two (2) beds / two (2) baths and ranging from 550 sqft to almost 800 sqft. Offering Memorandum and full financial analysis are provided in the documents section. The approved plans and permits will be provided by agents to any interested party for proper due diligence.
Property Details
Property Features
Property Information:
Architectural Style: Other
Year Built: 1931
Stories: 2
Living Area: 2,000 SqFt
Listing Office:
Office Name: NHT Real Estate LLC
Office Phone: (202) 670-5352
Listing Agent: David L Moretz II
Interior Features
Interior Information:
Basement: No
Bedroom and Bathroom Information:
Full Bathrooms: 2
Total Bedroom Count: 2
Exterior Features
Parking Information:
Parking: Private, Paved Parking, Driveway
Lot Features
Lot Information:
Lot Size: 0.06 Acres
Utilities
Utilities Information:
Heating: None
Cooling: None
Other
Directions Information:
Directions: Please use third party app to ensure correct directions from starting location.
Price Information
Listing Price Info
Price Summary:
List Price: $1,075,000
Price Per SqFt: $538/SqFt
Tax Information:
Annual Amount: $2,739
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Washington, DC.
This property is $398.9K more than the Median Sold Price and $27/SqFt more than other homes in Washington, DC.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: BRIGHT
MLS Number: #DCDC2145694
Listing Office:
Office Name: NHT Real Estate LLC
Office Phone: (202) 670-5352
Listing Agent: David L Moretz II
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.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$5,433
Per Month
Principal & Interest
$5,366
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$3,289
Powered By
Advertisement
NMLS#3030
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
Orr Elementary School
2200 Minnesota Ave SE
Distance between this listing and this school0.19 miles
Public District Grades EE-5
4
/10
Ketcham Elementary School
1919 15th St SE
Distance between this listing and this school0.48 miles
Public District Grades EE-5
4
/10
Randle Highlands Elementary School
1650 30th St SE
Distance between this listing and this school0.64 miles
Public District Grades EE-5
Nearby Schools
2
/10
Kramer Middle School
1700 Q St SE
Distance between this listing and this school0.24 miles
Public District Grades 6-8
3
/10
Friendship Public Charter School - Chamberlain Middle School
1345 Potomac Ave SE
Distance between this listing and this school0.86 miles
Public Charter Grades 4-8
4
/10
Digital Pioneers Academy Public Charter School
709 12th St SE
Distance between this listing and this school1.07 miles
Public Charter Grades 6-8
Nearby Schools
4
/10
Anacostia High School
1601 16th St SE
Distance between this listing and this school0.35 miles
Public District Grades 9-12
5
/10
Thurgood Marshall Academy Public Charter School
2427 Martin Luther King Jr Ave SE
Distance between this listing and this school1.08 miles
Public Charter Grades 9-12
2
/10
Eastern High School
1700 E Capitol St NE
Distance between this listing and this school1.43 miles
The neighbors living near this home have an average income of $41,131. The majority of Washington, DC residents have income less than $35k annually. Typical family type 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
Frequently Asked Questions About 1625 21st Pl SE
What is the listing price of this property?
The listing price of 1625 21st Pl SE property is $1,075,000.
What type of property is this?
The property 1625 21st Pl SE is a house located in Washington, District of Columbia, 20020.
Is this property for sale now?
Active Listing: 1625 21st Pl SE is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $2,739 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 1625 21st Pl SE has 2 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 1625 21st Pl SE is 2,000 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 1625 21st Pl SE is 1931.
This home is located at 1625 21st Pl SE in Washington, DC and zip code 20020 in the Southeast neighborhood. This 2,000 square foot home, which was built in 1931, sits on a 0.06 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 10, 2024 and is currently priced at $1,075,000.
While more than 85 listings in Washington, DC in November 2024 were sold above asking price, there were more than 83 listings sold at asking price, and more than 219 were sold below. The number of listings in Washington, DC increased by 4.8% between October 2024 and November 2024. Listings spent 43 days on the market in November 2024, and had a median list price of $676,027 during the same period.
From Rocket Homes Real Estate and based on county public records data.