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Backup Offers

5012 7th St NW, Washington, DC, 20011

$549,500

Home List Price

$6,525*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
1,700 SqFt
$323/SqFt
Townhouse

Location

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5012 7th St NW, Washington$549,500

Buyer Closing Credits

$6,525*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingGarage - Rear Entry, Inside Access, Attached Garage, Off Street
Garage1 space
Year Built1926
HeatingRadiant
CoolingCentral Air
BasementYes
MLS #DCDC2168340
Lot Size0.03 Acres
StatusAccepting Backup Offers
(ACTIVE UNDER CONTRACT)

About 5012 7th St NW

HOMEOWNER & INVESTOR OPPORTUNITY IN PETWORTH! Spacious 3BR/1.25BA brick row home on a lovely street in the heart of Petworth! This home has great bones, high ceilings, original hardwood floors and transoms over the doorways! There is a finished basement with an attached garage + off-street parking, and room for a huge deck (check out the neighbors)! This home is in livable condition, perfect for the homeowner willing to put in sweat equity! At 2,080 sq ft on three levels (1,400sf on top floors + 680 on the lower level), it is large enough to easily add upgrades like a 2nd full bath upstairs or powder room on the main level; or you could completely reimagine the space; the options are endless! For investors, the property layout and size make it an easy flip! Similar-sized, newly renovated homes just blocks away have recently sold for over $1 million. For owner-occupant buyers, this home qualifies for the United Bank Welcome Home Program, offering a $10,000 grant towards downpayment and/or closing costs, a minimum downpayment as low as 3%, a below market interest rate, no PMI, and a standard 30 day closing date. This home has so much potential and is a great investment whether you plan to live in it or flip it for a quick profit! Steps to Rock Creek Park, Fort Totten Metro Station, restaurants/shopping. Minutes to Silver Spring; easy commute to VA! No reassignments. GCAAR contract required.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1926
  • Stories: 3
  • Living Area: 1,700 SqFt

Listing Office:

  • Office Name: RLAH @properties
  • Office Phone: (202) 518-8781
  • Listing Agent: Djana P Morris

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: Bathroom - Tub Shower, Formal/Separate Dining Room, Kitchen - Galley, Window Treatments, Wood Floors, Carpet, Bar

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Parking: Garage - Rear Entry, Inside Access, Attached Garage, Off Street

Lot Features

Lot Information:

  • Lot Size: 0.03 Acres

Utilities

Utilities Information:

  • Heating: Radiant
  • Cooling: Central Air

Other

Directions Information:

  • Directions: North on Georgia Ave NW; right on Farragut St NW; right on 7th St NW to 5012.

Price Information

Listing Price Info

Price Summary:

  • List Price: $549,500
  • Price Per SqFt: $323/SqFt

Tax Information:

  • Annual Amount: $4,894
  • 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

$676K

Med. Price/SqFt

$511

Avg. Days On Market

43

# of Sold Homes

387

5012 7th St NW vs Washington

35 DAYS ON ROCKET

-8 Days

$549,500

-$126.5K Less

$323/SqFt

-$188 Less

KEY TAKEAWAY

This property is $126.5K less than the Median Sold Price and $188/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: #DCDC2168340

Listing Office:

  • Office Name: RLAH @properties
  • Office Phone: (202) 518-8781
  • Listing Agent: Djana P Morris

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: 12/18/2024, 12:21:04 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 04, 2019Home Sold
$550,000
Jul 14, 2005Home Sold
$405,000
Jan 05, 2005Home Sold
$280,500

Tax History

YEARPROP. TAXASSESSMENT
2020$4,894$575,810
2019$4,569$537,600
2018$4,308$506,860
2017$3,811$448,300

History based on county public records data.

Payment Calculator

$2,810

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,714

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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-4520926
5
/10

  • Truesdell Education Campus

  • 800 Ingraham St NW

  • 0.23 miles

  • Public District Grades EE-5

school-card-donut-4520927
7
/10

  • Barnard Elementary School

  • 430 Decatur St NW

  • 0.34 miles

  • Public District Grades EE-5

school-card-donut-4520928
9
/10

  • E.L. Haynes Public Charter School - Elementary School

  • 4501 Kansas Ave NW

  • 0.40 miles

  • Public Charter Grades PK-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $88,564. Most Washington, DC residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5012 7th St NW

What is the listing price of this property?

The listing price of 5012 7th St NW property is $549,500.

What type of property is this?

The property 5012 7th St NW is a townhouse located in Washington, District of Columbia, 20011.

Is this property for sale now?

Accepting Backup Offers: 5012 7th St NW is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $4,894 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 4, 2019 for $550,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5012 7th St NW has 3 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 5012 7th St NW is 1,700 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5012 7th St NW is 1926.

Rocket Homes›District of Columbia›Washington›20011›5012 7th St NW

This home is located at 5012 7th St NW in Washington, DC and zip code 20011 in the Brightwood Park / Crestwood / Petworth / 16th Street Heights neighborhood. This 1,700 square foot home, which was built in 1926, sits on a 0.03 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 13, 2024 and is currently priced at $549,500.

In November 2024, from all listings sold in Washington, DC there were more than 85 sold above asking price, over 219 sold below and more than 83 were sold right at the asked price. In November 2024 in Washington, DC there were 4.8% more homes for sale than in October 2024. In November 2024 median list price was $676,027 and the average listing age was 43 days.

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

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