15 days on rocket

2440 16th St NW Unit 504, Washington, DC, 20009

$259,900

Home List Price

$3,086*

Closing Credit

1 Full Bath
449 SqFt
$579/SqFt
Condo
Schools Nearby

Location

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2440 16th St NW Unit 504, Washington$259,900

Buyer Closing Credits

$3,086*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingOn Street
Year Built1929
HeatingForced Air
CoolingWindow Unit(s)
MLS #DCDC2140402
StatusActive
(ACTIVE)

About 2440 16th St NW Unit 504

Welcome to the top floor of the Historic Park Tower, unit 504 of 2440 16th St. NW! This beautifully completely renovated and redesigned unit in Adams Morgan is your ticket to a highly sought-after income-producing unit with a tenant already in place or your new penthouse home overlooking the park. Priced below market value for fast movement at $259,900, this sun-filled space boasts a studio bedroom feel with a Bonus Office space, offering modern style with historical charm. Enjoy a fantastic, ultra-low condo fee and well-managed association, making it a savvy investor choice. Harris Teeter is just steps away, with two metro stations within a mile for easy commuting. Plus, pets are welcome! With minimal rental restrictions, you have flexibility as an owner. Discover new flooring, recessed LED lights, USB outlets, and stylish sliding doors inside. The kitchen dazzles with stainless steel Samsung appliances, smart oven, ice maker, custom butcher block countertop, and a chic backsplash. The bathroom features gray porcelain tile floors, a new vanity, and extra-long subway tile backsplash. This national landmark building offers modern amenities, including a renovated gym and optional storage. Laundry is located on every floor plus an option to install hookup in the office space. and Amazon lockers are right in the lobby. Make this condo your new income-producing gem! Welcome home to unit 504 of Park Tower! The rental history shows an average of over 2.1k per month from the past three years. The tenant is flexible and would like to continue the lease but is open to discussion if needed.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 1929
  • Stories: 1
  • Living Area: 449 SqFt

Listing Office:

  • Office Name: Redfin Corp
  • Office Phone: (301) 658-6186
  • Listing Agent: Sarah Nance

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Oven, Electric Range, Refrigerator, Stainless Steel Appliances, Stove
  • Basement: No
  • Flooring Type: Hardwood, Laminated
  • Interior: Family Room Off Kitchen, Walk-in Closet(s), Window Treatments

Bedroom and Bathroom Information:

  • Full Bathrooms: 1

Exterior Features

Parking Information:

  • Parking: On Street

Virtual/3D Tour

  • 3D Tour: 2440 16th St NW Unit 504

3D Tour

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Window Unit(s)

School Info

Assigned Schools Information:

  • Cardozo Education Campus, Public District Grades 9-12
  • Columbia Heights Education Campus, Public Magnet Grades 6-8
  • Marie Reed Elementary School, Public District Grades EE-5

Other

Directions Information:

  • Directions: Please see Google Maps for directions.

Price Information

Listing Price Info

Price Summary:

  • List Price: $259,900
  • Price Per SqFt: $579/SqFt
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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

$656.1K

Med. Price/SqFt

$509

Avg. Days On Market

34

# of Sold Homes

457

2440 16th St NW Unit 504 vs Washington

15 DAYS ON ROCKET

-19 Days

$259,900

-$396.2K Less

$579/SqFt

+$70 More

KEY TAKEAWAY

This property is $396.2K less than the Median Sold Price and $70/SqFt more than other homes in Washington, DC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #DCDC2140402

Listing Office:

  • Office Name: Redfin Corp
  • Office Phone: (301) 658-6186
  • Listing Agent: Sarah Nance

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: 6/1/2024, 8:00:35 AM 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

$1,365

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$846

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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.

Elementary School

school-card-donut-6234578
7
/10

  • Marie Reed Elementary School

  • 2201 18th St NW

  • 0.35 miles

  • Public District Grades EE-5

Middle School

school-card-donut-6234579
6
/10

  • Columbia Heights Education Campus

  • 3101 16th St NW

  • 0.51 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-6234580
4
/10

  • Cardozo Education Campus

  • 1200 Clifton St NW

  • 0.46 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $82,955. 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 2440 16th St NW Unit 504

What is the listing price of this property?

The listing price of 2440 16th St NW Unit 504 property is $259,900.

What type of property is this?

The property 2440 16th St NW Unit 504 is a condo located in Washington, District of Columbia, 20009.

Is this property for sale now?

Active Listing: 2440 16th St NW Unit 504 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 2440 16th St NW Unit 504 are:
Marie Reed Elementary School: GreatSchools Rating 7/10
Columbia Heights Education Campus: GreatSchools Rating 6/10
Cardozo Education Campus: GreatSchools Rating 4/10

How many bedrooms and bathrooms does this property have?

The property at 2440 16th St NW Unit 504 has 1 bathroom..

What is the square footage of this property?

The property 2440 16th St NW Unit 504 is 449 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2440 16th St NW Unit 504 is 1929.

Rocket Homes›District of Columbia›Washington›20009›2440 16th St NW Unit 504

This home is located at 2440 16th St NW Unit 504 in Washington, DC and zip code 20009 in the Adams Morgan neighborhood. This 449 square foot home was built in 1929. Features: 1 bathroom. It has been listed on Rocket Homes since May 17, 2024 and is currently priced at $259,900.

While more than 125 listings in Washington, DC in April 2024 were sold above asking price, there were more than 134 listings sold at asking price, and more than 198 were sold below. In April 2024 in Washington, DC there were 24.6% more homes for sale than in March 2024. Listings spent 34 days on the market in April 2024, and had a median list price of $656,135 during the same period.

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

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