3 months on rocket

1732 Montello Ave NE Unit 5, Washington, DC, 20002

$200,000

Home List Price

$2,375*

Closing Credit

1 Bedroom
1 Full Bath
505 SqFt
$396/SqFt
Condo

Location

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1732 Montello Ave NE Unit 5, Washington$200,000

Buyer Closing Credits

$2,375*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingOn Street
Year BuiltNew Const., 2022
HeatingCentral
CoolingCentral Air
MLS #DCDC2156078
StatusActive
(ACTIVE)

About 1732 Montello Ave NE Unit 5

This is an IZ unit. You must be IZ qualified. Unit 5 is a BRAND NEW jr 1 bedroom + chic full bath condo in a pet-friendly condominium in the heart of booming Trinidad! The natural light and stunning fixtures are just two of the things you'll LOVE about this efficiently laid out condo. The the open floor plan and the designer finishes in the full bath are not to be missed. + Low condo fees. Walk Score 95! Just blocks to everything you need - shopping, grocery, coffee shops, restaurants, parks and more! This perfect place can't be beat! It is the perfect way to start building your own wealth. PLEASE Read the rest of remarks. Pursuant to the District of Columbia Inclusionary Zoning program, income restricted units are available at this development. Please contact the Department of Housing and Community Development regarding the availability of such units and requirements for registration in the Inclusionary Zoning program. This unit is available via the IZ lottery process only. To become eligible for the next IZ purchase lotteries, complete steps 1, 2 and 3 via the DHCD Inclusionary Zoning Website. The minimum occupancy requirement of 1 or more persons for this 1 bedroom unit. The income limits: $72,250 (1 person), $82,550 (2 people), $92,900 (3 people) The unit must remain the owners continued primary residence throughout their ownership. The household must divest of any other housing ownership before closing on the IZ unit. The unit may not be rented out, in part or in full, for any length of time and via any method without prior written consent from DHCD. Temporary rentals including AirBnb or similar style rentals are never permitted. There are perpetual resale price and term restrictions on the unit. The owner must contact DHCD to obtain a maximum resale price and receive further instructions prior to listing the unit for sale or refinancing the mortgage.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 2022
  • Stories: 1
  • Living Area: 505 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (301) 298-1001
  • Listing Agent: D'Ann K Lanning

Interior Features

Interior Information:

  • Appliances: Stainless Steel Appliances
  • Basement: No
  • Interior: Floor Plan - Open, Recessed Lighting, Wood Floors

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Exterior: Exterior Lighting, Sidewalks, Street Lights

Parking Information:

  • Parking: On Street

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: On Montello Avenue NE.

Price Information

Listing Price Info

Price Summary:

  • List Price: $200,000
  • Price Per SqFt: $396/SqFt
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Housing Market Comparison

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

Med. Sold Price

$676K

Med. Price/SqFt

$511

Avg. Days On Market

43

# of Sold Homes

387

1732 Montello Ave NE Unit 5 vs Washington

115 DAYS ON ROCKET

+72 Days

$200,000

-$476K Less

$396/SqFt

-$115 Less

KEY TAKEAWAY

This property is $476K less than the Median Sold Price and $115/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: #DCDC2156078

Listing Office:

  • Office Name: Compass
  • Office Phone: (301) 298-1001
  • Listing Agent: D'Ann K Lanning

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: 12/18/2024, 10:21:03 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$1,066

Per Month

Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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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-4489673
6
/10
  • Kipp Dc - Spring Academy Public Charter School

  • 1375 Mount Olivet Rd NE

  • 0.27 miles

  • Public Charter Grades 1-4

school-card-donut-4489674
5
/10
  • J. O. Wilson Elementary School

  • 660 K St NE

  • 0.77 miles

  • Public District Grades EE-5

school-card-donut-4489675
3
/10
  • Miner Elementary School

  • 601 15th St NE

  • 0.87 miles

  • Public District Grades EE-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $24,685. Most Washington, DC residents have annual incomes less than $35k. The majority of families are 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 1732 Montello Ave NE Unit 5

What is the listing price of this property?

The listing price of 1732 Montello Ave NE Unit 5 property is $200,000.

What type of property is this?

The property 1732 Montello Ave NE Unit 5 is a condo located in Washington, District of Columbia, 20002.

Is this property for sale now?

Active Listing: 1732 Montello Ave NE Unit 5 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 1732 Montello Ave NE Unit 5 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 1732 Montello Ave NE Unit 5 is 505 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1732 Montello Ave NE Unit 5 is 2022.

Rocket Homes›District of Columbia›Washington›20002›1732 Montello Ave NE Unit 5

This home is located at 1732 Montello Ave NE Unit 5 in Washington, DC and zip code 20002 in the Northeast neighborhood. This 505 square foot home was built in 2022. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since August 24, 2024 and is currently priced at $200,000.

In November 2024 more than 85 listings in Washington, DC were sold above the asking price. During the same period more than 83 listings were sold at asking price, while more than 219 were sold below. The inventory of homes for sale in Washington, DC between October 2024 and November 2024 increased by 4.8%. In November 2024, listings were on the market for 43 days. During the same period, the median list price in this real estate market was $676,027.

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

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