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Backup Offers

413 Atlantic St SE, Washington, DC, 20032

$699,900

Home List Price

$8,311*

Closing Credit

0 Baths
4,725 SqFt
$148/SqFt
House

Location

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413 Atlantic St SE, Washington$699,900

Buyer Closing Credits

$8,311*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingOn Street
Year Built1943
HeatingForced Air
CoolingCentral Air
MLS #DCDC2159260
Lot Size0.13 Acres
StatusAccepting Backup Offers
(ACTIVE UNDER CONTRACT)

About 413 Atlantic St SE

Investment Opportunity – Entirely Vacant Multifamily Building! Situated at 413 Atlantic St SE, this completely vacant multifamily property boasts four expansive units with 3 bedrooms and 1 bathroom each, plus a basement unit offering 4 bedrooms and 2 bathrooms. In 2023, the building experienced a comprehensive interior renovation, which encompassed new finishes for unit interiors, enhancements to shared spaces, and the installation of new appliances, along with the replacement or repair of significant building systems. The latest appraisal values the property at $910,000, derived from an income approach based on $127,000 in annual gross rents and 32% operating expenses which leave a huge room for CASHFLOW Conveniently located near I-295 and South Capitol Street for easy commuting, the property is just minutes from the Congress Heights Metro Station (Green Line) and several bus lines.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1943
  • Living Area: 4,725 SqFt

Listing Office:

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

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

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

Other

Directions Information:

  • Directions: Please refer to Google maps or GPS.

Price Information

Listing Price Info

Price Summary:

  • List Price: $699,900
  • Price Per SqFt: $148/SqFt

Tax Information:

  • Annual Amount: $15,267
  • 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

$672.9K

Med. Price/SqFt

$510

Avg. Days On Market

42

# of Sold Homes

308

413 Atlantic St SE vs Washington

36 DAYS ON ROCKET

-6 Days

$699,900

+$26.9K More

$148/SqFt

-$363 Less

KEY TAKEAWAY

This property is $26.9K more than the Median Sold Price and $363/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: #DCDC2159260

Listing Office:

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

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: 10/23/2024, 1:20:58 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$15,267$305,330
2019$2,595$305,330
2018$8,931$305,330
2017$15,267$305,330

History based on county public records data.

Payment Calculator

$3,561

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,165

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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-937296
3
/10

  • Hendley Elementary School

  • 425 Chesapeake St SE

  • 0.15 miles

  • Public District Grades EE-5

Middle School

school-card-donut-937297
4
/10

  • Hart Middle School

  • 601 Mississippi Ave SE

  • 0.50 miles

  • Public District Grades 6-8

High School

school-card-donut-937298
3
/10

  • Ballou High School

  • 3401 4th St SE

  • 0.60 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 $23,077. The most common annual income of people living in Washington, DC is less than $35k. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 413 Atlantic St SE

What is the listing price of this property?

The listing price of 413 Atlantic St SE property is $699,900.

What type of property is this?

The property 413 Atlantic St SE is a house located in Washington, District of Columbia, 20032.

Is this property for sale now?

Accepting Backup Offers: 413 Atlantic St SE is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 413 Atlantic St SE are:
Hendley 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 $15,267 (source: MLS/based on county public records data).

What is the square footage of this property?

The property 413 Atlantic St SE is 4,725 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 413 Atlantic St SE is 1943.

Rocket Homes›District of Columbia›Washington›20032›413 Atlantic St SE

This home is located at 413 Atlantic St SE in Washington, DC and zip code 20032 in the Congress Heights / Bellevue / Washington Highlands neighborhood. This 4,725 square foot home, which was built in 1943, sits on a 0.13 acre lot. It has been listed on Rocket Homes since September 16, 2024 and is currently priced at $699,900.

Over 77 listings were sold over their listed price in September 2024 in Washington, DC. In the same period over 146 listings were sold below the listed price and 85 listings were sold for the listed price. In September 2024 in Washington, DC there were 27.4% more homes for sale than in August 2024. In September 2024 median list price was $672,969 and the average listing age was 42 days.

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

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