7 months on rocket

589 Columbia Rd NW, Washington, DC, 20001

$1,300,000

Home List Price

$10,000*

Closing Credit

8 Bedrooms
4 Full Baths
7,132 SqFt
$182/SqFt
House

Location

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589 Columbia Rd NW, Washington$1,300,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Off Street, Alley, On Street, Parking Lot
Year Built1980
HeatingNone
CoolingNone
BasementYes
MLS #DCDC2134032
Lot Size0.11 Acres
StatusActive
(ACTIVE)

About 589 Columbia Rd NW

Investment Opportunity in Prime Location Welcome to a prime investment opportunity nestled in the heart of Washington, DC. This four-unit property presents an exceptional chance for savvy investors to capitalize on its potential. Boasting a coveted location and promising possibilities, this property is a diamond in the rough waiting to be polished. Property Details: Unit Configuration: Four units, each featuring two bedrooms Potential for Expansion: Ample space available to comfortably rebuild units into three bedrooms, offering increased rental potential and appeal. Certificate of Occupancy: The property holds a Certificate of Occupancy for a four-unit building, ensuring compliance and legal status. Neighborhood Dynamics: The neighboring building has secured a permit for an eight-unit apartment complex, indicating growth and development potential in the area. Housing Demand: With housing in DC at a premium and Howard University facing shortages in student accommodations, this property offers a timely solution to a pressing need. Opportunities Abound: This property presents a myriad of opportunities for creative redevelopment or renovation, catering to diverse investment strategies and goals. Important Note: Fire Damage Alert: Please be advised that this property has incurred fire damage and is currently deemed unsafe for entry. Exercise caution when exploring the premises. Home Harmless Agreement: For safety reasons, all individuals entering the property must sign a Home Harmless Agreement, acknowledging the risks associated with the property's current condition.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1980
  • Stories: 2
  • Living Area: 7,132 SqFt

Listing Office:

  • Office Name: RLAH @properties
  • Office Phone: (202) 518-8781
  • Listing Agent: Tohmai Smith

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 8

Exterior Features

Parking Information:

  • Parking: Driveway, Off Street, Alley, On Street, Parking Lot

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: None
  • Cooling: None

Other

Directions Information:

  • Directions: Head north toward T St NW 112 ft Turn right onto T St NW 0.1 mi Turn left onto 7th St NW 259 ft Continue onto Georgia Ave NW Pass by Chipotle Mexican Grill (on the right in 0.3 mi) 0.8 mi Turn right onto Harvard St NW May be closed at certain times or days 0.1 mi Harvard St NW turns left and becomes Hobart Pl NW 341 ft Turn left onto Warder St NW 246 ft Turn left onto Columbia Rd NW Destination will be on the right 312 ft 589 Columbia Rd NW, Washington, DC 20001

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,300,000
  • Price Per SqFt: $182/SqFt

Tax Information:

  • Annual Amount: $10,661
  • 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

589 Columbia Rd NW vs Washington

234 DAYS ON ROCKET

+191 Days

$1,300,000

+$627.6K More

$182/SqFt

-$329 Less

KEY TAKEAWAY

This property is $627.6K more than the Median Sold Price and $329/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: #DCDC2134032

Listing Office:

  • Office Name: RLAH @properties
  • Office Phone: (202) 518-8781
  • Listing Agent: Tohmai Smith

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: 11/14/2024, 9:20:53 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$10,661$1,254,200
2019$13,106$1,541,930
2018$12,343$1,452,130
2017$12,705$1,494,660

History based on county public records data.

Payment Calculator

$6,556

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,964

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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-289495
7
/10

  • Bruce Monroe Elementary School @ Park View

  • 3560 Warder St NW

  • 0.40 miles

  • Public District Grades EE-5

school-card-donut-289496
5
/10

  • Tubman Elementary School

  • 3101 13th St NW

  • 0.47 miles

  • Public District Grades EE-5

school-card-donut-289497
5
/10

  • Raymond Education Campus

  • 915 Spring Rd NW

  • 0.57 miles

  • Public District Grades EE-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $47,455. Residents of Washington, DC typically earn less than $35k each year. Most families are 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 589 Columbia Rd NW

What is the listing price of this property?

The listing price of 589 Columbia Rd NW property is $1,300,000.

What type of property is this?

The property 589 Columbia Rd NW is a house located in Washington, District of Columbia, 20001.

Is this property for sale now?

Active Listing: 589 Columbia Rd 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 $10,661 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 589 Columbia Rd NW has 8 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 589 Columbia Rd NW is 7,132 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 589 Columbia Rd NW is 1980.

Rocket Homes›District of Columbia›Washington›20001›589 Columbia Rd NW

This home is located at 589 Columbia Rd NW in Washington, DC and zip code 20001 in the Park View neighborhood. This 7,132 square foot home, which was built in 1980, sits on a 0.11 acre lot. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since March 25, 2024 and is currently priced at $1,300,000.

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. The number of listings in Washington, DC increased by 21.3% between September 2024 and October 2024. The median list price of listings available in October 2024 was $672,329, while the average time on the real estate market was 43 days.

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

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