4 months on rocket

5318 Gay St NE, Washington, DC, 20019

$200,000

0.06 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeVacant Land
MLS #DCDC2155470
Lot Size0.06 Acres
StatusActive
(ACTIVE)

About 5318 Gay St NE

Golden Developer Opportunity in Deanwood, DC! This detached home presents a rare chance for developers to bring their vision to life. This property offers immense potential for a lucrative return on investment with comparable sales in the area easily exceeding 550K+, making it an enticing prospect for those with a keen eye for opportunity. Nestled in the vibrant neighborhood of Deanwood, DC, residents enjoy access to a variety of amenities including a community center, aquatic center, parks, public library and convenient proximity to the metro. With a perfect blend of urban convenience and community charm, this property not only promises a sound investment but also the opportunity to be part of a thriving and well-connected neighborhood. Seize the chance to create something truly exceptional in Deanwood, DC! All sqft is approximate and not to be used for property valuation. Property is being sold AS-IS.

Property Details

Property Features

Listing Office:

  • Office Name: Compass
  • Office Phone: (202) 386-6330
  • Listing Agent: Jennifer S Smira

Lot Features

Lot Information:

  • Lot Size: 0.06 Acres

Other

Directions Information:

  • Directions: Head north on Division Ave NE toward Gay St NE

Price Information

Listing Price Info

Price Summary:

  • List Price: $200,000

Tax Information:

  • Annual Amount: $6,529
  • Tax Year: 2020
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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

5318 Gay St NE vs Washington

120 DAYS ON ROCKET

+77 Days

$200,000

-$476K Less

KEY TAKEAWAY

This property is $476K less than the Median Sold Price in Washington, DC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #DCDC2155470

Listing Office:

  • Office Name: Compass
  • Office Phone: (202) 386-6330
  • Listing Agent: Jennifer S Smira

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, 1:21:03 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

Jul 13, 2021Home Sold
$252,500
Jul 23, 2020Home Sold
$155,000

Tax History

YEARPROP. TAXASSESSMENT
2020$6,529$223,230
2019$21,186$211,860
2018$19,532$195,320
2017$9,398$187,960

History based on county public records data.

Payment Calculator

$1,066

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$666

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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-4541949
5
/10
  • Burrville Elementary School

  • 801 Division Ave NE

  • 0.09 miles

  • Public District Grades EE-5

school-card-donut-4541950
2
/10
  • Drew Elementary School

  • 5600 Eads St NE

  • 0.32 miles

  • Public District Grades EE-5

school-card-donut-4541951
9
/10
  • Kipp Dc - Quest Academy Public Charter School

  • 5300 Blaine St NE

  • 0.50 miles

  • Public Charter Grades 1-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,155. Typical income of Washington, DC residents is between $35k-100k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5318 Gay St NE

What is the listing price of this property?

The listing price of 5318 Gay St NE property is $200,000.

What type of property is this?

The property 5318 Gay St NE is land located in Washington, District of Columbia, 20019.

Is this property for sale now?

Active Listing: 5318 Gay St NE 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 $6,529 (source: MLS/based on county public records data).

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

The last sale was on July 13, 2021 for $252,500. (source: MLS/tax record).

How much acreage is this property?

The property 5318 Gay St NE is 0.06 acres.
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Rocket Homes›District of Columbia›Washington›20019›5318 Gay St NE

This home is located at 5318 Gay St NE in Washington, DC and zip code 20019 in the Northeast neighborhood. This home sits on a 0.06 acre lot. It has been listed on Rocket Homes since August 19, 2024 and is currently priced at $200,000.

Washington, DC housing market in November 2024 saw over 85 listings sold above listed price, more than 83 sold at listed price and over 219 sold below. The inventory of homes for sale in Washington, DC between October 2024 and November 2024 increased by 4.8%. Listings spent 43 days on the market in November 2024, and had a median list price of $676,027 during the same period.

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

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