2 months on rocket

Backup Offers

4937 1st St NW, Washington, DC, 20011

$949,900

Home List Price

$10,000*

Closing Credit

0 Baths
2,886 SqFt
$329/SqFt
Multi

Location

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4937 1st St NW, Washington$949,900

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingOn Street
Year Built1936
HeatingForced Air
CoolingNone
MLS #DCDC2157444
Lot Size0.10 Acres
StatusAccepting Backup Offers
(ACTIVE UNDER CONTRACT)

About 4937 1st St NW

Investor Special in Petworth! This 4-unit building offers incredible potential for development or continued rental income. Located in the thriving Petworth neighborhood, this property is a fantastic opportunity for savvy investors looking to expand their portfolio. With one unit currently leased and three vacant, the options are limitless. Whether you choose to renovate, redevelop, or lease the remaining units, this property promises strong returns in a high-demand area. Don’t miss out on this chance to capitalize on the booming Petworth market!

Property Details

Property Features

Property Information:

  • Architectural Style: Other, Traditional
  • Year Built: 1936
  • Living Area: 2,886 SqFt

Listing Office:

  • Office Name: Halcyon Realty Group LLC
  • Office Phone: (301) 887-3020
  • Listing Agent: Christina La Vigna

Interior Features

Interior Information:

  • Basement: No

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: None

Other

Directions Information:

  • Directions: Between Emerson St NW and Farragut St NW

Price Information

Listing Price Info

Price Summary:

  • List Price: $949,900
  • Price Per SqFt: $329/SqFt

Tax Information:

  • Annual Amount: $5,996
  • 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

4937 1st St NW vs Washington

72 DAYS ON ROCKET

+29 Days

$949,900

+$277.5K More

$329/SqFt

-$182 Less

KEY TAKEAWAY

This property is $277.5K more than the Median Sold Price and $182/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: #DCDC2157444

Listing Office:

  • Office Name: Halcyon Realty Group LLC
  • Office Phone: (301) 887-3020
  • Listing Agent: Christina La Vigna

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: 11/17/2024, 1:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 30, 2021Home Sold
$1,050,000
Nov 09, 2004Home Sold
$425,000

Tax History

YEARPROP. TAXASSESSMENT
2020$5,996$705,360
2019$5,557$653,860
2018$5,038$592,760
2017$4,390$516,430

History based on county public records data.

Payment Calculator

$4,808

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,914

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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-326873
5
/10

  • Bridges Public Charter School

  • 100 Gallatin St NE

  • 0.30 miles

  • Public Charter Grades PK-5

school-card-donut-326874
7
/10

  • Barnard Elementary School

  • 430 Decatur St NW

  • 0.35 miles

  • Public District Grades EE-5

school-card-donut-326875
10
/10

  • Dc Bilingual Public Charter School

  • 33 Riggs Rd NE

  • 0.42 miles

  • Public Charter Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $44,199. Residents of Washington, DC typically earn between $35k-100k each year. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›District of Columbia›Washington›20011›4937 1st St NW

This home is located at 4937 1st St NW in Washington, DC and zip code 20011 in the Brightwood Park / Crestwood / Petworth / 16th Street Heights neighborhood. This 2,886 square foot home, which was built in 1936, sits on a 0.10 acre lot. It has been listed on Rocket Homes since September 05, 2024 and is currently priced at $949,900.

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. 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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