8 months on rocket

516.5 8th St SE, Washington, DC, 20003

$500,000

Home List Price

$5,938*

Closing Credit

1 Bedroom
1 Full Bath
1,500 SqFt
$333/SqFt
House
Schools Nearby

Location

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516.5 8th St SE, Washington$500,000

Buyer Closing Credits

$5,938*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingNone
Year Built1920
HeatingForced Air
CoolingWall Unit(s)
MLS #DCDC2106794
Lot Size0.02 Acres
StatusActive
(ACTIVE)

About 516.5 8th St SE

TO BE ABSOLUTELY CLEAR - ONLY 1/2 OF THE BUILDING IS FOR SALE VIA THIS LISTING. IT WOULD COST AT LEAST $1 MILLION or MORE for the whole building. We are working on getting the other half sold simultaneously, and it may take time and $ to get to table, IF AT ALL. We have failed to get Fabulous opportunity, to own a warehouse... PROPERTY OF THIS LISTING IS ONE HALF OF THE ADDRESS. TWO LOTS MAKE UP PROPERTY. Price is for the front 1/2 of address. ENTER AT OWN RISK. Property must be shown by listing agent. Agent requests 72 hours, but may allow earlier showings, if possible. ALL SHOWINGS MUST BE MADE BY CONTACTING LISTING AGENT JOHN SMITH

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1920
  • Stories: 1
  • Living Area: 1,500 SqFt

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices PenFed Realty
  • Office Phone: (202) 608-1880
  • Listing Agent: John P Smith

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot Size: 0.02 Acres

Utilities

Utilities Information:

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

School Info

Assigned Schools Information:

  • Eastern High School, Public District Grades 9-12
  • Tyler Elementary School, Public District Grades EE-5

Other

Directions Information:

  • Directions: In Alley between 8th & 9th, SE. AND between E St, & G St, SE.

Price Information

Listing Price Info

Price Summary:

  • List Price: $500,000
  • Price Per SqFt: $333/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

$654.1K

Med. Price/SqFt

$511

Avg. Days On Market

37

# of Sold Homes

420

516.5 8th St SE vs Washington

266 DAYS ON ROCKET

+229 Days

$500,000

-$154.1K Less

$333/SqFt

-$178 Less

KEY TAKEAWAY

This property is $154.1K less than the Median Sold Price and $178/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: #DCDC2106794

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices PenFed Realty
  • Office Phone: (202) 608-1880
  • Listing Agent: John P 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: 4/29/2024, 12:10:20 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.

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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-2835313
7
/10

  • Tyler Elementary School

  • 1001 G St SE

  • 0.12 miles

  • Public District Grades EE-5

High School

school-card-donut-2835314
3
/10

  • Eastern High School

  • 1700 E Capitol St NE

  • 0.97 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 $102,907. Most Washington, DC residents have annual incomes between $100k-200k. 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 516.5 8th St SE

What is the listing price of this property?

The listing price of 516.5 8th St SE property is $500,000.

What type of property is this?

The property 516.5 8th St SE is a house located in Washington, District of Columbia, 20003.

Is this property for sale now?

Active Listing: 516.5 8th St 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 516.5 8th St SE are:
Tyler Elementary School: GreatSchools Rating 7/10
Eastern High School: GreatSchools Rating 3/10

How many bedrooms and bathrooms does this property have?

The property at 516.5 8th St SE has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 516.5 8th St SE is 1,500 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 516.5 8th St SE is 1920.

Rocket Homes›District of Columbia›Washington›20003›516.5 8th St SE

This home is located at 516.5 8th St SE in Washington, DC and zip code 20003 in the Southeast neighborhood. This 1,500 square foot home, which was built in 1920, sits on a 0.02 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since August 07, 2023 and is currently priced at $500,000.

While more than 124 listings in Washington, DC in March 2024 were sold above asking price, there were more than 119 listings sold at asking price, and more than 177 were sold below. The number of listings 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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