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3985 1st St SW, Washington, DC, 20032

$265,000

Home List Price

$3,147*

Closing Credit

2 Bedrooms
1 Full Bath
1,301 SqFt
$204/SqFt
House

Location

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3985 1st St SW, Washington$265,000

Buyer Closing Credits

$3,147*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOff Street
Year Built1936
HeatingHeat Pump
CoolingCentral Air
MLS #DCDC2169290
Lot Size0.25 Acres
StatusActive
(ACTIVE)

About 3985 1st St SW

Located in the desirable Congress Heights subdivision of Southwest Washington, DC, this property offers immense potential for investors and developers. The existing 2-bedroom, 1-bathroom structure spans 1,360 sq ft and requires a full renovation, making it a great fix-and-flip project. Sitting on a massive 10,870 sq ft corner lot, the property is perfectly positioned for development. With R-2 zoning, the lot allows for the construction of up to four semi-detached homes, providing outstanding flexibility for your vision. Don’t miss this rare opportunity to transform this space and capitalize on the growing demand in the area.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1936
  • Stories: 2
  • Living Area: 1,301 SqFt

Listing Office:

  • Office Name: Keller Williams Capital Properties
  • Office Phone: (202) 243-7700
  • Listing Agent: Isaiah M hazward

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Parking: Off Street

Lot Features

Lot Information:

  • Lot Size: 0.25 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Google Maps

Price Information

Listing Price Info

Price Summary:

  • List Price: $265,000
  • Price Per SqFt: $204/SqFt

Tax Information:

  • Annual Amount: $673
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$672.3K

Med. Price/SqFt

$511

Avg. Days On Market

43

# of Sold Homes

485

3985 1st St SW vs Washington

1 DAY ON ROCKET

-42 Days

$265,000

-$407.3K Less

$204/SqFt

-$307 Less

KEY TAKEAWAY

This property is $407.3K less than the Median Sold Price and $307/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: #DCDC2169290

Listing Office:

  • Office Name: Keller Williams Capital Properties
  • Office Phone: (202) 243-7700
  • Listing Agent: Isaiah M hazward

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: 11/21/2024, 7:20:51 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$673$268,740
2019$644$256,330
2018$620$248,210
2017$567$244,470

History based on county public records data.

Payment Calculator

$1,390

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$861

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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-220826
4
/10
  • Leckie Elementary School

  • 4201 Martin Luther King Jr Ave SW

  • 0.29 miles

  • Public District Grades EE-5

school-card-donut-220827
4
/10
  • Patterson Elementary School

  • 4399 S Capitol Ter SW

  • 0.39 miles

  • Public District Grades EE-5

school-card-donut-220828
3
/10
  • Simon Elementary School

  • 401 Mississippi Ave SE

  • 0.66 miles

  • Public District Grades EE-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $55,000. Residents of Washington, DC typically earn between $35k-100k each year. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3985 1st St SW

What is the listing price of this property?

The listing price of 3985 1st St SW property is $265,000.

What type of property is this?

The property 3985 1st St SW is a house located in Washington, District of Columbia, 20032.

Is this property for sale now?

Active Listing: 3985 1st St SW 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 $673 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 3985 1st St SW has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 3985 1st St SW is 1,301 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3985 1st St SW is 1936.

Rocket HomesDistrict of ColumbiaWashington200323985 1st St SW

This home is located at 3985 1st St SW in Washington, DC and zip code 20032 in the Congress Heights / Bellevue / Washington Highlands neighborhood. This 1,301 square foot home, which was built in 1936, sits on a 0.25 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 20, 2024 and is currently priced at $265,000.

While more than 142 listings in Washington, DC in October 2024 were sold above asking price, there were more than 118 listings sold at asking price, and more than 225 were sold below. Between September 2024 and October 2024, Washington, DC real estate market has seen increase in the number of listings by 21.3%. 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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