5 months on rocket

3001 Channing St NE, Washington, DC, 20018

$765,000

Home List Price

$9,084*

Closing Credit

5 Bedrooms
2 Full Baths
5,000 SqFt
$153/SqFt
House

Location

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3001 Channing St NE, Washington$765,000

Buyer Closing Credits

$9,084*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built1925
HeatingNone
CoolingNone
BasementYes
MLS #DCDC2151816
Lot Size0.33 Acres
StatusActive
(ACTIVE)

About 3001 Channing St NE

Asking Price: $849,000 Discover an incredible investment opportunity with this property offering significant potential. The existing home spans 5,000 sq ft and includes 5 bedrooms and 2 bathrooms. It is a blank canvas, needing a full rehab down to the studs. An added bonus is the garage, which has the potential to be converted into an Accessory Dwelling Unit (ADU). The property sits on four plots totaling 14,300 sq ft, providing ample space for various development options. Investment Opportunities: Rehab & Convert: Rehab the current home and convert the garage into an ADU. Rehab quotes are estimated at $250,000, with an After Repair Value (ARV) of approximately $1.5 million. New Construction: Alternatively, you can build 2-3 duplexes on the land, with each unit having a resale value of around $950,000. Legal and contractor consultations have already been completed, and an architect and contractor are ready to start the project. This property offers a unique chance to maximize your return on investment through either rehabilitation or new construction. Don’t miss out on this exceptional opportunity!

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1925
  • Stories: 3
  • Living Area: 5,000 SqFt

Listing Office:

  • Office Name: NetRealtyNow.com, LLC
  • Office Phone: (703) 581-8605
  • Listing Agent: Thomas S Hennerty

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot Size: 0.33 Acres

Utilities

Utilities Information:

  • Heating: None
  • Cooling: None

Other

Directions Information:

  • Directions: Take US Alt 1 to Channing NE then the home will be on the right

Price Information

Listing Price Info

Price Summary:

  • List Price: $765,000
  • Price Per SqFt: $153/SqFt
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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

$676K

Med. Price/SqFt

$511

Avg. Days On Market

43

# of Sold Homes

387

3001 Channing St NE vs Washington

150 DAYS ON ROCKET

+107 Days

$765,000

+$88.9K More

$153/SqFt

-$358 Less

KEY TAKEAWAY

This property is $88.9K more than the Median Sold Price and $358/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: #DCDC2151816

Listing Office:

  • Office Name: NetRealtyNow.com, LLC
  • Office Phone: (703) 581-8605
  • Listing Agent: Thomas S Hennerty

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: 12/21/2024, 11:20:57 PM 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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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,360

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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-820465
7
/10

  • Langdon Education Campus

  • 1900 Evarts St NE

  • 0.61 miles

  • Public District Grades EE-5

school-card-donut-820466
7
/10

  • Burroughs Education Campus

  • 1820 Monroe St NE

  • 1.03 miles

  • Public District Grades EE-5

school-card-donut-820467
3
/10

  • Mt. Rainier Elementary School

  • 4011 32nd St

  • 1.17 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $79,104. The most common annual income of people living in Washington, DC is between $35k-100k. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3001 Channing St NE

What is the listing price of this property?

The listing price of 3001 Channing St NE property is $765,000.

What type of property is this?

The property 3001 Channing St NE is a house located in Washington, District of Columbia, 20018.

Is this property for sale now?

Active Listing: 3001 Channing St NE is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 3001 Channing St NE has 5 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 3001 Channing St NE is 5,000 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3001 Channing St NE is 1925.

Rocket Homes›District of Columbia›Washington›20018›3001 Channing St NE

This home is located at 3001 Channing St NE in Washington, DC and zip code 20018 in the Woodridge / Fort Lincoln / Gateway neighborhood. This 5,000 square foot home, which was built in 1925, sits on a 0.33 acre lot. Features: 5 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 24, 2024 and is currently priced at $765,000.

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. The median list price of listings available in November 2024 was $676,027, while the average time on the real estate market was 43 days.

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

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