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Backup Offers

5040 1st St NW Unit 202, Washington, DC, 20011

$299,990

Home List Price

$3,562*

Closing Credit

1 Bedroom
1 Full Bath
671 SqFt
$447/SqFt
Condo

Location

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5040 1st St NW Unit 202, Washington$299,990

Buyer Closing Credits

$3,562*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingOn Street
Year Built1937
HeatingHeat Pump, Forced Air
CoolingCentral Air
MLS #DCDC2157906
StatusAccepting Backup Offers
(ACTIVE UNDER CONTRACT)

About 5040 1st St NW Unit 202

This delightful rear corner unit is a closet-aholics dream! With both south and west facing windows, the unit gets incredible afternoon light and gorgeous sunsets overlooking the bucolic shared rear courtyard. This one bedroom condo is up just a short half flight of stairs - super easy access with a bike or stroller, and even better, the landing closet outside the unit is exclusively assigned to this unit, so storing your bike, granny cart, or other outdoor gear is easy-breezy! On entry, you'll find a full size coat closet, a cozy nook perfect for your work-from-home workstation, and an open living/dining/kitchen area with beautiful courtyard views. The in-unit laundry is housed in a spacious utility closet that houses your brand new hot water heater, a well-serviced HVAC system, and plenty of additional storage space. The generously sized bedroom has a south facing window with a large evergreen tree just outside for year-round privacy. Attached, you'll find a huge walk in closet as well as en suite bathroom. Next to the bathroom, there's yet another closet - this one is great for linens and pantry items, as it also backs to the kitchen. In side the thoughtfully laid out kitchen, you'll find stainless steel appliances, custom wood shelving, and beautiful updated cabinet pulls. Located in Petworth, you are just .5 miles from the Fort Totten metro and just two blocks off the Metropolitan Branch Trail. The boutique condominium has a roof deck, outdoor courtyard with grill, and is just two blocks from a bodega, Mama Chepa - a fabulous latina restaurant, and a short bike ride to Honeymoon Chicken, Timber Pizza, Cinder BBQ, and more! Street parking is easy and the building is pet and investor friendly.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1937
  • Stories: 1
  • Living Area: 671 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (301) 298-1001
  • Listing Agent: Jaime Willis

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Microwave, Freezer, Oven, Electric Range, Refrigerator, Stove, Washer/Dryer Stacked, Water Heater
  • Basement: No
  • Interior: Combination Kitchen/Dining, Combination Dining/Living, Upgraded Countertops, Floor Plan - Open

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Parking Information:

  • Parking: On Street

Utilities

Utilities Information:

  • Heating: Heat Pump, Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: New Hampshire Ave South; Left on Emerson St NW; Left on First St NW

Price Information

Listing Price Info

Price Summary:

  • List Price: $299,990
  • Price Per SqFt: $447/SqFt
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Housing Market Comparison

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

Med. Sold Price

$676K

Med. Price/SqFt

$511

Avg. Days On Market

43

# of Sold Homes

387

5040 1st St NW Unit 202 vs Washington

102 DAYS ON ROCKET

+59 Days

$299,990

-$376K Less

$447/SqFt

-$64 Less

KEY TAKEAWAY

This property is $376K less than the Median Sold Price and $64/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: #DCDC2157906

Listing Office:

  • Office Name: Compass
  • Office Phone: (301) 298-1001
  • Listing Agent: Jaime Willis

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: 12/17/2024, 11:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,565

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$966

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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-4267999
5
/10
  • Bridges Public Charter School

  • 100 Gallatin St NE

  • 0.25 miles

  • Public Charter Grades PK-5

school-card-donut-4268000
10
/10
  • Dc Bilingual Public Charter School

  • 33 Riggs Rd NE

  • 0.35 miles

  • Public Charter Grades PK-5

school-card-donut-4268001
7
/10
  • Barnard Elementary School

  • 430 Decatur St NW

  • 0.42 miles

  • Public District Grades EE-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $44,199. Typical income of Washington, DC residents is between $35k-100k annually. Typical family type is 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 5040 1st St NW Unit 202

What is the listing price of this property?

The listing price of 5040 1st St NW Unit 202 property is $299,990.

What type of property is this?

The property 5040 1st St NW Unit 202 is a condo located in Washington, District of Columbia, 20011.

Is this property for sale now?

Accepting Backup Offers: 5040 1st St NW Unit 202 is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

How many bedrooms and bathrooms does this property have?

The property at 5040 1st St NW Unit 202 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 5040 1st St NW Unit 202 is 671 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5040 1st St NW Unit 202 is 1937.

Rocket Homes›District of Columbia›Washington›20011›5040 1st St NW Unit 202

This home is located at 5040 1st St NW Unit 202 in Washington, DC and zip code 20011 in the Brightwood Park / Crestwood / Petworth / 16th Street Heights neighborhood. This 671 square foot home was built in 1937. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since September 06, 2024 and is currently priced at $299,990.

In November 2024 more than 85 listings in Washington, DC were sold above the asking price. During the same period more than 83 listings were sold at asking price, while more than 219 were sold below. The number of listings in Washington, DC increased by 4.8% between October 2024 and November 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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