8 days on rocket

5506 8th St NW, Washington, DC, 20011

$550,000

Home List Price

$6,531*

Closing Credit

3 Bedrooms
2 Full Baths
1,565 SqFt
$351/SqFt
Townhouse

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

5506 8th St NW, Washington$550,000

Buyer Closing Credits

$6,531*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeTownhouse
ParkingGarage - Rear Entry, Detached Garage
Garage1 space
Year Built1923
HeatingHot Water
CoolingNone
BasementYes
MLS #DCDC2167396
Lot Size0.04 Acres
StatusActive
(ACTIVE)

About 5506 8th St NW

Welcome to this classic 3-bedroom, 2-bath home in the sought-after Petworth neighborhood! Built in 1923, this home blends timeless charm with modern possibilities. With a partially renovated interior, it's the perfect opportunity for a savvy investor or DIY enthusiast to finish restoring this grand property to its full potential. Featuring spacious rooms, high ceilings, and original architectural details, this home is full of character. The walkout basement offers additional living space or renovation potential. The detached garage provides rare off-street parking or additional storage, a valuable asset in DC. Located in a vibrant, historic community close to public transportation, shops, and restaurants, this home offers a fantastic opportunity to customize it to your taste. Being sold as-is, this is a rare chance to create something special in one of DC’s most desirable neighborhoods. Bring your vision and unlock the full potential of this Petworth gem!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1923
  • Stories: 3
  • Living Area: 1,565 SqFt

Listing Office:

  • Office Name: Redfin Corp
  • Office Phone: (410) 202-8454
  • Listing Agent: Phillip Martin

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Parking: Garage - Rear Entry, Detached Garage

Lot Features

Lot Information:

  • Lot Size: 0.04 Acres

Utilities

Utilities Information:

  • Heating: Hot Water
  • Cooling: None

Other

Directions Information:

  • Directions: Please use Google Maps.

Price Information

Listing Price Info

Price Summary:

  • List Price: $550,000
  • Price Per SqFt: $351/SqFt

Tax Information:

  • Annual Amount: $1,226
  • Tax Year: 2020
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

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

Map thumbnail provided by MapBox

Washington, DC

City

Med. Sold Price

$672.3K

Med. Price/SqFt

$511

Avg. Days On Market

43

# of Sold Homes

485

5506 8th St NW vs Washington

8 DAYS ON ROCKET

-35 Days

$550,000

-$122.3K Less

$351/SqFt

-$160 Less

KEY TAKEAWAY

This property is $122.3K less than the Median Sold Price and $160/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: #DCDC2167396

Listing Office:

  • Office Name: Redfin Corp
  • Office Phone: (410) 202-8454
  • Listing Agent: Phillip Martin

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: 11/16/2024, 11:20:51 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$1,226$504,970
2019$1,171$464,230
2018$1,122$440,000
2017$1,023$387,300

History based on county public records data.

Payment Calculator

$2,813

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,715

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

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-282287
5
/10

  • Truesdell Education Campus

  • 800 Ingraham St NW

  • 0.19 miles

  • Public District Grades EE-5

school-card-donut-282288
5
/10

  • Brightwood Education Campus

  • 1300 Nicholson St NW

  • 0.42 miles

  • Public District Grades EE-5

school-card-donut-282289
10
/10

  • Latin American Montessori Bilingual Public Charter School

  • 5000 14th St NW

  • 0.65 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 $47,534. Residents of Washington, DC typically earn between $35k-100k each year. The most common type of family is single, no kids. 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 5506 8th St NW

What is the listing price of this property?

The listing price of 5506 8th St NW property is $550,000.

What type of property is this?

The property 5506 8th St NW is a townhouse located in Washington, District of Columbia, 20011.

Is this property for sale now?

Active Listing: 5506 8th St NW 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 $1,226 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5506 8th St NW has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5506 8th St NW is 1,565 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5506 8th St NW is 1923.

Rocket Homes›District of Columbia›Washington›20011›5506 8th St NW

This home is located at 5506 8th St NW in Washington, DC and zip code 20011 in the Brightwood Park / Crestwood / Petworth / 16th Street Heights neighborhood. This 1,565 square foot home, which was built in 1923, sits on a 0.04 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 08, 2024 and is currently priced at $550,000.

Over 142 listings were sold over their listed price in October 2024 in Washington, DC. In the same period over 225 listings were sold below the listed price and 118 listings were sold for the listed price. Between September 2024 and October 2024, Washington, DC real estate market has seen increase in the number of listings by 21.3%. Listings spent 43 days on the market in October 2024, and had a median list price of $672,329 during the same period.

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

More Resources