6 months on rocket

3618 Martin Luther King Jr Ave SE, Washington, DC, 20032

$429,000

Home List Price

$5,094*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
1,330 SqFt
$323/SqFt
House
Schools Nearby

Location

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3618 Martin Luther King Jr Ave SE, Washington$429,000

Buyer Closing Credits

$5,094*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOn Street
Year Built1913
HeatingBaseboard
CoolingCentral Air
MLS #DCDC2113984
Lot Size0.09 Acres
StatusActive
(ACTIVE)

About 3618 Martin Luther King Jr Ave SE

******TURN-KEY LICENSED SHORT TERM RENTAL OPERATION ******** OPPORTUNITY FOR SHORT TERM RENTAL INVESTORS, LICENSED AND FURNISHED. This HOME is also eligible for $10,000 Homebuyers access grant for down payment. ask your lender Nestled in the vibrant community of Congress Heights, this charming 3-bedroom, 1.5-bathroom detached home at 3618 Martin Luther King Jr. Ave SE offers the perfect blend of city living and suburban lifestyle. This extensively renovated and furnished home boasts contemporary updates, including a newly renovated kitchen with granite countertops, stainless steel appliances, and a trendy backsplash. The open-concept design flows seamlessly into the dining and living areas, creating an inviting space for both family life and entertaining. Three spacious bedrooms provide ample space for family, guests, or even a home office. The backyard is a private oasis, perfect for outdoor gatherings, gardening, or simply unwinding after a long day on the sizable rear deck. With its ideal location and a tasteful mix of modern updates and classic character, this residence presents a unique opportunity for comfortable urban living. Don’t miss out on this opportunity and book your showing online today. current Airbnb metrics with impressive results 80% occupancy and average $169/ night , Furniture is also for sale NOT included in the asking price.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1913
  • Living Area: 1,330 SqFt

Listing Office:

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

Interior Features

Interior Information:

  • Appliances: Microwave, Dishwasher, Disposal, Dryer, Oven, Electric Range, Refrigerator, Washer
  • Basement: No
  • Flooring Type: Carpet, Luxury Vinyl Plank
  • Interior: Breakfast Area, Carpet, Combination Kitchen/Dining, Combination Dining/Living, Dining Area, Floor Plan - Open, Kitchen - Gourmet, Recessed Lighting, Tub Shower, Upgraded Countertops, Kitchen - Island

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Ballou High School, Public District Grades 9-12
  • Hart Middle School, Public District Grades 6-8
  • Simon Elementary School, Public District Grades EE-5

Other

Directions Information:

  • Directions: Refer to Google Maps / GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $429,000
  • Price Per SqFt: $323/SqFt

Tax Information:

  • Annual Amount: $1,985
  • 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

3618 Martin Luther King Jr Ave SE vs Washington

196 DAYS ON ROCKET

+159 Days

$429,000

-$225.1K Less

$323/SqFt

-$188 Less

KEY TAKEAWAY

This property is $225.1K less than the Median Sold Price and $188/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: #DCDC2113984

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: 4/26/2024, 10:25:22 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

Mar 26, 2021Home Sold
$280,000
Jul 12, 2019Home Sold
$240,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,985$233,520
2019$542$227,430
2018$523$220,770
2017$479$220,330

History based on county public records data.

Payment Calculator

$2,209

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,353

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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-584467
2
/10

  • Simon Elementary School

  • 401 Mississippi Ave SE

  • 0.33 miles

  • Public District Grades EE-5

Middle School

school-card-donut-584468
5
/10

  • Hart Middle School

  • 601 Mississippi Ave SE

  • 0.43 miles

  • Public District Grades 6-8

High School

school-card-donut-584469
2
/10

  • Ballou High School

  • 3401 4th St SE

  • 0.21 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 $39,191. Typical income of Washington, DC residents is between $35k-100k annually. Typical family type 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 3618 Martin Luther King Jr Ave SE

What is the listing price of this property?

The listing price of 3618 Martin Luther King Jr Ave SE property is $429,000.

What type of property is this?

The property 3618 Martin Luther King Jr Ave SE is a house located in Washington, District of Columbia, 20032.

Is this property for sale now?

Active Listing: 3618 Martin Luther King Jr Ave SE is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 3618 Martin Luther King Jr Ave SE are:
Simon Elementary School: GreatSchools Rating 2/10
Hart Middle School: GreatSchools Rating 5/10
Ballou High School: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,985 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 26, 2021 for $280,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 3618 Martin Luther King Jr Ave SE has 3 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 3618 Martin Luther King Jr Ave SE is 1,330 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3618 Martin Luther King Jr Ave SE is 1913.

Rocket Homes›District of Columbia›Washington›20032›3618 Martin Luther King Jr Ave SE

This home is located at 3618 Martin Luther King Jr Ave SE in Washington, DC and zip code 20032 in the Congress Heights / Bellevue / Washington Highlands neighborhood. This 1,330 square foot home, which was built in 1913, sits on a 0.09 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 12, 2023 and is currently priced at $429,000.

Washington, DC housing market in March 2024 saw over 124 listings sold above listed price, more than 119 sold at listed price and over 177 sold below. The inventory of homes for sale in Washington, DC between February 2024 and March 2024 increased by 6.8%. In March 2024 median list price was $654,103 and the average listing age was 37 days.

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

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