3 months on rocket

3305 7th St NE, Washington, DC, 20017

$3,999,999

0 Baths
8,160 SqFt
$490/SqFt
House

Location

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Property Highlights

Home TypeOther
ParkingDriveway, On Street
Year Built2014
HeatingOther
CoolingCentral Air
MLS #DCDC2144910
Lot Size0.11 Acres
StatusActive
(ACTIVE)

About 3305 7th St NE

Don't miss your opportunity to own this thoughtfully constructed 24 bedroom, 24 bath student housing property. Rebuilt in 2014, this property is just steps away from Catholic Universities' Campus. The interior of each level of the building, four total, includes six 180 square feet bedrooms with floor to ceiling windows and six full private bathrooms. The common area boasts a contemporary look with a large furnished dining and living room, fully stocked kitchen with sleek commercial appliances, and in unit laundry. The building currently boasts a 92% occupancy rate and all leases except one end before September 2024. This gives the new owner the opportunity to re-tenant before start of the school year. This unique property is constructed using 18 reinforced shipping containers ensuring the properties longevity and helping lower maintenance costs. Located in the rapidly developing Brookland submarket within 5 minutes of the Brookland-CUA Metro. Current leases are structured as short term with tenants at varying rental rates and all tenants splitting all utilities.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 2014
  • Living Area: 8,160 SqFt

Listing Office:

  • Office Name: Marcus & Millichap Real Estate
  • Office Phone: (202) 536-3700
  • Listing Agent: Brian C Hosey

Exterior Features

Parking Information:

  • Parking: Driveway, On Street

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Ballou High School, Public District Grades 9-12
  • Hart Middle School, Public District Grades 6-8
  • Martin Luther King Elementary School, Public District Grades EE-5

Other

Directions Information:

  • Directions: From Monroe Street, property will be on the left on 7th Street NE.

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,999,999
  • Price Per SqFt: $490/SqFt

Tax Information:

  • Annual Amount: $14,785
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$674.6K

Med. Price/SqFt

$511

Avg. Days On Market

41

# of Sold Homes

436

3305 7th St NE vs Washington

94 DAYS ON ROCKET

+53 Days

$3,999,999

+$3.3M More

$490/SqFt

-$21 Less

KEY TAKEAWAY

This property is $3.3M more than the Median Sold Price and $21/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: #DCDC2144910

Listing Office:

  • Office Name: Marcus & Millichap Real Estate
  • Office Phone: (202) 536-3700
  • Listing Agent: Brian C Hosey

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: 9/7/2024, 7:20:53 PM 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$14,785$1,739,460
2019$14,838$1,745,760
2018$13,687$1,610,200
2017$12,764$1,501,620

History based on county public records data.

Payment Calculator

$20K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$12K

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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-1092516
3
/10
  • Martin Luther King Elementary School

  • 3200 6th St SE

  • 0.11 miles

  • Public District Grades EE-5

Middle School

school-card-donut-1092517
4
/10
  • Hart Middle School

  • 601 Mississippi Ave SE

  • 0.29 miles

  • Public District Grades 6-8

High School

school-card-donut-1092518
3
/10
  • Ballou High School

  • 3401 4th St SE

  • 0.32 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $55,421. The most common annual income of people living in Washington, DC is between $35k-100k. 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 3305 7th St NE

What is the listing price of this property?

The listing price of 3305 7th St NE property is $3,999,999.

What type of property is this?

The property 3305 7th St NE is a house located in Washington, District of Columbia, 20017.

Is this property for sale now?

Active Listing: 3305 7th St NE is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 3305 7th St NE are:
Martin Luther King Elementary School: GreatSchools Rating 3/10
Hart Middle School: GreatSchools Rating 4/10
Ballou High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $14,785 (source: MLS/based on county public records data).

What is the square footage of this property?

The property 3305 7th St NE is 8,160 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3305 7th St NE is 2014.
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Rocket Homes›District of Columbia›Washington›20017›3305 7th St NE

This home is located at 3305 7th St NE in Washington, DC and zip code 20017 in the Congress Heights / Bellevue / Washington Highlands neighborhood. This 8,160 square foot home, which was built in 2014, sits on a 0.11 acre lot. It has been listed on Rocket Homes since June 05, 2024 and is currently priced at $3,999,999.

Washington, DC housing market in August 2024 saw over 95 listings sold above listed price, more than 112 sold at listed price and over 229 sold below. Between July 2024 and August 2024, Washington, DC real estate market has seen increase in the number of listings by 8.3%. The median list price of listings available in August 2024 was $674,623, while the average time on the real estate market was 41 days.

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

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