4 months on rocket

1716 R St SE, Washington, DC, 20020

$499,999

Home List Price

$5,937*

Closing Credit

0 Baths
2,720 SqFt
$184/SqFt
Multi
Schools Nearby

Location

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1716 R St SE, Washington$499,999

Buyer Closing Credits

$5,937*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeQuadruplex
ParkingOn Street
Year Built1938
HeatingNone
CoolingNone
MLS #DCDC2121098
Lot Size0.08 Acres
StatusActive
(ACTIVE)

About 1716 R St SE

INVESTOR SPECIAL!! REO Quadplex in the booming Anacostia submarket offering RA-2 zoned, located in Opportunity Zone, Vacant & shovel ready buildings offered at unbelievable discount. The high density RA-2 zoning allows investors to convert the building to the highest and best use by going multiple floors and also increase unit counts anywhere 6-8 units per building. Proforma Gross annual Effective rents; $158,400 as a 6 two bed units Please refer to 1642 16th St se as a comparable project REO listing, portfolio of 4 multiunit buildings. Local Lender Washington Capital Partners offer financing options to qualified investors.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1938
  • Living Area: 2,720 SqFt

Listing Office:

  • Office Name: Keller Williams Capital Properties
  • Office Phone: (202) 243-7700
  • Listing Agent: Abel M Gebremichael

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.08 Acres

Utilities

Utilities Information:

  • Heating: None
  • Cooling: None

School Info

Assigned Schools Information:

  • Anacostia High School, Public District Grades 9-12
  • Kramer Middle School, Public District Grades 6-8
  • Ketcham Elementary School, Public District Grades EE-5

Other

Directions Information:

  • Directions: Refer to Google Maps or GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $499,999
  • Price Per SqFt: $184/SqFt

Tax Information:

  • Annual Amount: $3,539
  • 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

$654.1K

Med. Price/SqFt

$511

Avg. Days On Market

37

# of Sold Homes

420

1716 R St SE vs Washington

128 DAYS ON ROCKET

+91 Days

$499,999

-$154.1K Less

$184/SqFt

-$327 Less

KEY TAKEAWAY

This property is $154.1K less than the Median Sold Price and $327/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: #DCDC2121098

Listing Office:

  • Office Name: Keller Williams Capital Properties
  • Office Phone: (202) 243-7700
  • Listing Agent: Abel M Gebremichael

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: 4/18/2024, 2:00:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 01, 2006Home Sold
$380,000
Jun 14, 1999Home Sold
$68,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,539$416,400
2019$3,184$374,630
2018$2,923$343,910
2017$2,824$332,280

History based on county public records data.

Payment Calculator

$2,563

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,566

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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-676551
5
/10

  • Ketcham Elementary School

  • 1919 15th St SE

  • 0.32 miles

  • Public District Grades EE-5

Middle School

school-card-donut-676552
2
/10

  • Kramer Middle School

  • 1700 Q St SE

  • 0.14 miles

  • Public District Grades 6-8

High School

school-card-donut-676553
4
/10

  • Anacostia High School

  • 1601 16th St SE

  • 0.16 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 $24,902. The most common annual income of people living in Washington, DC is less than $35k. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Living In Southeast, Washington

What type of housing is available in Southeast, Washington?

Most housing in Southeast was built before the 1960s, during its most significant construction boom. Large apartment buildings are the predominant housing type, representing about one third of dwellings in this community, and the rest are mainly small apartment buildings and townhouses. Renters occupy roughly 70% of the properties in Southeast whereas owners occupy the remainder. This area is primarily composed of one bedroom and two bedroom homes.

Is Southeast, Washington a good place to live?

The character of Southeast is exemplified by its relaxed ambience. There are over 200 green spaces close by for residents to visit, such as Section F and Anacostia Park, which makes them very easy to access. Most areas in this part of the city are quiet, as the streets are usually reasonably tranquil - however some areas can be quite noisy, especially closer to one of the railway lines, Southeast Freeway or Anacostia Freeway.

Are things conveniently located in Southeast, Washington?

It is a reasonably short walk to reach primary as well as high schools from most houses for sale in Southeast. Home buyers have the choice between public and private schools at both the elementary and high school level. In terms of eating, a supermarket is ordinarily reachable within a short walk from most houses for sale in Southeast. Likewise, a restaurant is commonly just around the corner, and a limited number of cafes can be found as well.

What does the transportation in Southeast, Washington look like?

Southeast will appeal to homeowners that use a diversity of modes of transportation. Southeast has a good public transit infrastructure. For example, house owners can count on many rapid transit stations with access to the Blue Line, Green Line, Orange Line and Silver Line. The community is connected by over 50 bus lines, and it is especially convenient to find a nearby bus stop from most homes. The car is often the favored approach to navigate Southeast. The majority of homes for sale are a short car ride from the closest highway, such as Interstate 695, and it is convenient to park. Walking is feasible for residents in Southeast; many daily errands can be run on foot, and there are also a fair number of businesses close by.

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Rocket Homes›District of Columbia›Washington›20020›1716 R St SE

This home is located at 1716 R St SE in Washington, DC and zip code 20020 in the Southeast neighborhood. This 2,720 square foot home, which was built in 1938, sits on a 0.08 acre lot. It has been listed on Rocket Homes since December 11, 2023 and is currently priced at $499,999.

In March 2024 more than 124 listings in Washington, DC were sold above the asking price. During the same period more than 119 listings were sold at asking price, while more than 177 were sold below. The number of homes for sale in Washington, DC increased by 6.8% between February 2024 and March 2024. In March 2024, listings were on the market for 37 days. During the same period, the median list price in this real estate market was $654,103.

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

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