new - 4 days on rocket

318 Eastern Ave NE, Washington, DC, 20019

$475,000

Home List Price

$5,641*

Closing Credit

0 Baths
1,450 SqFt
$328/SqFt
Multi

Location

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318 Eastern Ave NE, Washington$475,000

Buyer Closing Credits

$5,641*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingOn Street
Year BuiltNew Const., 1945
HeatingOther
CoolingNone
BasementYes
MLS #DCDC2166662
Lot Size0.04 Acres
StatusActive
(ACTIVE)

About 318 Eastern Ave NE

*********(If ratified within the first 7 days, the seller is offering a generous $25,000 credit towards closing costs, a rate buy-down and/or new washer, dryer, and downstairs appliances,)********* Welcome to 318 Eastern Ave NE, a beautifully updated and versatile home in the heart of Washington, DC! This charming property offers 3 bedrooms, 2 full bathrooms, and a range of sought-after features, making it ideal for modern living or investment opportunities. As you step inside, you’ll find gleaming oak flooring and recessed lighting throughout, setting a warm and contemporary tone. The main level boasts a spacious living area, a stylish kitchen with quartz countertops, and stainless steel appliances that cater to your culinary needs. Upstairs, you’ll find two well-appointed bedrooms and a full bath, perfect for privacy and relaxation. The fully finished walk-out basement, complete with a full bathroom, offers flexibility to serve as a private guest suite, recreation area, or a separate rental unit. It’s prepped with washer/dryer hookups and ready for a full kitchen if desired—ideal for rental income or multi-generational living. Located just a short walk from the Metro, this home also features a private 2-car parking area in the rear, making city living easy and convenient. The outdoor space is newly landscaped with fresh sod, offering a green and serene space to unwind. The seller is offering a generous $25,000 credit towards closing costs and/or new washer, dryer, and downstairs appliances, giving you an added boost to settle in with ease. Don’t miss this incredible opportunity to own a move-in-ready home with investment potential in an unbeatable location!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional, Federal
  • Year Built: 1945
  • Living Area: 1,450 SqFt

Listing Office:

  • Office Name: RLAH @properties
  • Office Phone: (301) 652-0643
  • Listing Agent: Sherese Teixeira

Interior Features

Interior Information:

  • Appliances: Refrigerator, Stove
  • Basement: Yes
  • Flooring Type: Hardwood, Carpet, Vinyl
  • Interior: Kitchen - Galley, Wood Floors

Exterior Features

Exterior Information:

  • Exterior: Sidewalks, Awning(s)

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.04 Acres

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: None

School Info

Assigned Schools Information:

  • Woodson High School, Public District Grades 9-12
  • Kelly Miller Middle School, Public District Grades 6-8
  • Drew Elementary School, Public District Grades EE-5

Other

Directions Information:

  • Directions: Eastern Ave NE/ Deanwood

Price Information

Listing Price Info

Price Summary:

  • List Price: $475,000
  • Price Per SqFt: $328/SqFt

Tax Information:

  • Annual Amount: $862
  • 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

318 Eastern Ave NE vs Washington

4 DAYS ON ROCKET

-39 Days

$475,000

-$197.3K Less

$328/SqFt

-$183 Less

KEY TAKEAWAY

This property is $197.3K less than the Median Sold Price and $183/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: #DCDC2166662

Listing Office:

  • Office Name: RLAH @properties
  • Office Phone: (301) 652-0643
  • Listing Agent: Sherese Teixeira

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: 11/3/2024, 6:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$862$210,560
2019$790$199,120
2018$730$181,140
2017$670$173,550

History based on county public records data.

Payment Calculator

$2,438

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,491

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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.

Elementary School

school-card-donut-922818
2
/10

  • Drew Elementary School

  • 5600 Eads St NE

  • 0.56 miles

  • Public District Grades EE-5

Middle School

school-card-donut-922819
4
/10

  • Kelly Miller Middle School

  • 301 49th St NE

  • 1.19 miles

  • Public District Grades 6-8

High School

school-card-donut-922820
5
/10

  • Woodson High School

  • 540 55th St Ne

  • 0.67 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $26,071. The most common annual income of people living in Washington, DC is less than $35k. 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›20019›318 Eastern Ave NE

This home is located at 318 Eastern Ave NE in Washington, DC and zip code 20019 in the Northeast Boundary neighborhood. This 1,450 square foot home, which was built in 1945, sits on a 0.04 acre lot. It has been listed on Rocket Homes since October 30, 2024 and is currently priced at $475,000.

Over 142 listings were sold over their listed price in October 2024 in Washington, DC. In the same period over 225 listings were sold below the listed price and 118 listings were sold for the listed price. The number of listings in Washington, DC increased by 21.3% between September 2024 and October 2024. While the average time on the market in October 2024 was 43 days, the median list price was $672,329.

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

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