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Backup Offers

531 Kennedy St NW Unit 6, Washington, DC, 20011

$249,900

Home List Price

$2,968*

Closing Credit

2 Bedrooms
2 Full Baths
850 SqFt
$294/SqFt
Condo
Schools Nearby

Location

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531 Kennedy St NW Unit 6, Washington$249,900

Buyer Closing Credits

$2,968*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingOn Street
Year BuiltNew Const., 2021
HeatingCentral
CoolingCentral Air
MLS #DCDC2120944
StatusAccepting Backup Offers
(ACTIVE UNDER CONTRACT)

About 531 Kennedy St NW Unit 6

This sexy Brand New 2 bedroom, 2 Bath residence in a pet-friendly condominium is a show stopper. Modern kitchen and bathrooms. Just blocks to everything you need - shopping, grocery, transportation, coffee shops, restaurants, parks and more! A MUST SEE! (This is an IZ affordable housing unit. Buyers need to have completed the DHCD requirements to qualify.) Pursuant to the District of Columbia Inclusionary Zoning program, income restricted units are available at this development. Please contact the Department of Housing and Community Development regarding the availability of such units and requirements for registration in the Inclusionary Zoning program. This unit is available via the IZ lottery process only. To become eligible for the next IZ purchase lotteries, complete steps 1, 2 and 3 via the DHCD Inclusionary Zoning Website. Total maximum annual incomes (pre-tax amounts, projected over the next 12 months) for all persons who will live in this 80% MFI unit, by household size: $82,550 (2 people) $92,900 (3 people) $103,200 (4 people) $113,500 (5 people) Pursuant to the District of Columbia Inclusionary Zoning program, income restricted units are available at this development. Please contact the Department of Housing and Community Development at www.dhcd.dc.gov regarding the availability of such units and requirements for registration in the Inclusionary Zoning program. The unit must remain the owners continued primary residence throughout their ownership. The household must divest of any other housing ownership before closing on the IZ unit. The unit may not be rented out, in part or in full, for any length of time and via any method without prior written consent from DHCD. Temporary rentals including AirBnb or similar style rentals are never permitted. There are perpetual resale price and term restrictions on the unit. The owner must contact DHCD to obtain a maximum resale price and receive further instructions prior to listing the unit for sale or refinancing the mortgage.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 2021
  • Stories: 1
  • Living Area: 850 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (301) 298-1001
  • Listing Agent: D'Ann K Lanning

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Oven, Gas Range, Refrigerator, Washer, Water Heater
  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Exterior Lighting, Sidewalks, Street Lights

Parking Information:

  • Parking: On Street

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Roosevelt High School, Public District Grades 9-12
  • Truesdell Education Campus, Public District Grades EE-5

Other

Directions Information:

  • Directions: On Kennedy Street NW.

Price Information

Listing Price Info

Price Summary:

  • List Price: $249,900
  • Price Per SqFt: $294/SqFt
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Housing Market Comparison

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

Med. Sold Price

$659.2K

Med. Price/SqFt

$509

Avg. Days On Market

48

# of Sold Homes

398

531 Kennedy St NW Unit 6 vs Washington

115 DAYS ON ROCKET

+67 Days

$249,900

-$409.3K Less

$294/SqFt

-$216 Less

KEY TAKEAWAY

This property is $409.3K less than the Median Sold Price and $216/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: #DCDC2120944

Listing Office:

  • Office Name: Compass
  • Office Phone: (301) 298-1001
  • Listing Agent: D'Ann K Lanning

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: 3/29/2024, 7:20:26 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

$1,315

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$816

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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-7875791
8
/10
  • Truesdell Education Campus

  • 800 Ingraham St NW

  • 0.26 miles

  • Public District Grades EE-5

High School

school-card-donut-7875792
2
/10
  • Roosevelt High School

  • 4400 Iowa Ave NW

  • 0.95 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,625. Residents of Washington, DC typically earn less than $35k each year. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Living In Brightwood Park / Crestwood / Petworth / 16th Street Heights, Washington

Types of housing in Brightwood Park / Crestwood / Petworth / 16th Street Heights, Washington.

In Brightwood Park / Crestwood / Petworth / 16th Street Heights, around half of dwellings are townhouses, while large apartment buildings, small apartment buildings, and single detached homes are the main alternatives in the housing stock. Most of the housing growth in this neighborhood occurred before the 1960s. This part of the city is primarily composed of one bedroom and three bedroom homes. Homeowners occupy roughly 60% of the units in the neighborhood and the rest are rented.

What is it like to live in Brightwood Park / Crestwood / Petworth / 16th Street Heights, Washington?

Brightwood Park / Crestwood / Petworth / 16th Street Heights is a fairly good neighborhood to buy a house in for those who prefer a relaxed ambience. Most areas in this part of the city are quiet, as the streets are reasonably calm. Lastly, it is very easy to access public green spaces in the neighborhood, since getting to one from the majority of residences is very easy and there are over 50 parks close by for residents to unwind in.

Is it easy to get around Brightwood Park / Crestwood / Petworth / 16th Street Heights, Washington without a car?

A supermarket is generally accessible within a very short walk from most houses for sale in this part of the city. Additionally, there is usually a restaurant or cafe just around the corner. It is also convenient to access a variety of clothing stores on foot, for instance along Upshur Street. When it comes to education, both primary and secondary schools are especially convenient to walk to from most houses for sale in this part of Washington. Home buyers have the choice between public and private schools at both the elementary and secondary school level.

Transportation in Brightwood Park / Crestwood / Petworth / 16th Street Heights, Washington.

This part of Washington does not necessitate use of a car because several other modes of transportation are at the disposal of property owners. Brightwood Park / Crestwood / Petworth / 16th Street Heights is especially convenient for walking; all daily errands can be run without having to use a car, and various businesses are reasonably nearby. The public transit system in this neighborhood is reasonably convenient. More precisely, the neighborhood is served by about 10 bus lines, and bus stops are not very far away from most properties. On the other hand, this neighborhood is not especially car friendly since parking is not very easy, and almost none of the street network is built for driving.

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Frequently Asked Questions About 531 Kennedy St NW Unit 6

What is the listing price of this property?

The listing price of 531 Kennedy St NW Unit 6 property is $249,900.

What type of property is this?

The property 531 Kennedy St NW Unit 6 is a condo located in Washington, District of Columbia, 20011.

Is this property for sale now?

Accepting Backup Offers: 531 Kennedy St NW Unit 6 is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 531 Kennedy St NW Unit 6 are:
Truesdell Education Campus: GreatSchools Rating 8/10
Roosevelt High School: GreatSchools Rating 2/10

How many bedrooms and bathrooms does this property have?

The property at 531 Kennedy St NW Unit 6 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 531 Kennedy St NW Unit 6 is 850 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 531 Kennedy St NW Unit 6 is 2021.

Rocket Homes›District of Columbia›Washington›20011›531 Kennedy St NW Unit 6

This home is located at 531 Kennedy St NW Unit 6 in Washington, DC and zip code 20011 in the Brightwood Park / Crestwood / Petworth / 16th Street Heights neighborhood. This 850 square foot home was built in 2021. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 04, 2023 and is currently priced at $249,900.

In February 2024 more than 91 listings in Washington, DC were sold above the asking price. During the same period more than 100 listings were sold at asking price, while more than 207 were sold below. The number of listings in Washington, DC increased by 6.2% between January 2024 and February 2024. The median list price of listings available in February 2024 was $659,260, while the average time on the real estate market was 48 days.

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

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