1 month on rocket

650 Morton St NW, Washington, DC, 20010

$2,249,999

0.15 Acres
Land

Location

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Property Highlights

Home TypeVacant Land
MLS #DCDC2164402
Lot Size0.15 Acres
StatusActive
(ACTIVE)

About 650 Morton St NW

PROJECTED OUTSALE OF $8 - $10 MILLION Prime Residential Development Opportunity Across from the Newly-Built Park Morton Apartments! This expansive 6,740 SQF flat lot with an existing end-of-row rowhouse presents a rare chance to capitalize on RA-3 zoning, allowing moderate-density residential development. Key zoning highlights include an FAR of 3.0, lot occupancy of 75%, and a building height allowance of up to 60 feet. This property offers versatile options for developers, including townhouse or "2 over 2" condos , a traditional multifamily building, or even assisted and senior-living facilities. By-right development provides upwards of 25,520 total square feet (20,220 above grade + 5,055 below grade). Development above (9) units is subject to additional bonuses and covenants required by the IZ+ program overlay. Contact the listing agent for more detailed studies, including a massing study for a 24-unit apartment concept. Renderings and documentation are available for review but are for informational purposes only. Buyers are encouraged to perform their own due diligence with zoning attorneys, architects, and civil engineers.

Property Details

Property Features

Listing Office:

  • Office Name: TTR Sotheby's International Realty
  • Office Phone: (202) 234-3344
  • Listing Agent: Christopher S Burns

Lot Features

Lot Information:

  • Lot Size: 0.15 Acres

Other

Directions Information:

  • Directions: Enter from Georgia Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,249,999

Tax Information:

  • Annual Amount: $5,846
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$672.3K

Med. Price/SqFt

$511

Avg. Days On Market

43

# of Sold Homes

485

650 Morton St NW vs Washington

37 DAYS ON ROCKET

-6 Days

$2,249,999

+$1.5M More

KEY TAKEAWAY

This property is $1.5M more 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: #DCDC2164402

Listing Office:

  • Office Name: TTR Sotheby's International Realty
  • Office Phone: (202) 234-3344
  • Listing Agent: Christopher S Burns

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: 11/21/2024, 4:20:50 AM 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$5,846$687,740
2019$5,586$657,220
2018$5,364$631,010
2017$5,049$594,040

History based on county public records data.

Payment Calculator

$11.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,812

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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-186477
7
/10
  • Bruce Monroe Elementary School @ Park View

  • 3560 Warder St NW

  • 0.19 miles

  • Public District Grades EE-5

school-card-donut-186478
5
/10
  • Raymond Education Campus

  • 915 Spring Rd NW

  • 0.32 miles

  • Public District Grades EE-5

school-card-donut-186479
5
/10
  • Tubman Elementary School

  • 3101 13th St NW

  • 0.39 miles

  • Public District Grades EE-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $64,435. The majority of Washington, DC residents have income between $35k-100k annually. 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 650 Morton St NW

What is the listing price of this property?

The listing price of 650 Morton St NW property is $2,249,999.

What type of property is this?

The property 650 Morton St NW is land located in Washington, District of Columbia, 20010.

Is this property for sale now?

Active Listing: 650 Morton 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 $5,846 (source: MLS/based on county public records data).

How much acreage is this property?

The property 650 Morton St NW is 0.15 acres.
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Rocket HomesDistrict of ColumbiaWashington20010650 Morton St NW

This home is located at 650 Morton St NW in Washington, DC and zip code 20010 in the Park View neighborhood. This home sits on a 0.15 acre lot. It has been listed on Rocket Homes since October 14, 2024 and is currently priced at $2,249,999.

In October 2024 more than 142 listings in Washington, DC were sold above the asking price. During the same period more than 118 listings were sold at asking price, while more than 225 were sold below. The number of homes for sale in Washington, DC increased by 21.3% between September 2024 and October 2024. 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.

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