16 days on rocket

Backup Offers

550 7th St SE, Washington, DC, 20003

$1,180,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
1,800 SqFt
$656/SqFt
Townhouse

Location

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550 7th St SE, Washington$1,180,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingDriveway, Off Street
Year Built1965
HeatingForced Air
CoolingCentral Air
FireplaceGas/Propane
MLS #DCDC2160040
Lot Size0.02 Acres
StatusAccepting Backup Offers
(ACTIVE UNDER CONTRACT)

About 550 7th St SE

Discover your dream home at 550 7th Street Southeast, nestled in the heart of the Barrack’s Row section of Capitol Hill. This mid-century modern gem boasts gleaming hardwood flooring throughout, beautifully updated lighting, and well appointed baths. Floating staircases with iron railings add a touch of elegance and bolsters the mid-century aesthetic. The kitchen features lovely stone counters, upgraded stainless steel appliances, and ample storage. Loads of natural light cascades throughout this amazing open living space which offers a fantastic family room area with large picture windows and cozy masonry fireplace as well as a lovely formal dining area with a stunning pendant chandelier. The entry-level suite offers short-term rental potential, professional office space, or additional living space with an open seating area, built-in wet-bar/kitchenette, full bath, and additional bedroom/lower level family room which features another beautiful brick fireplace and sliding glass doors to the rear. Step outside to your private backyard oasis with a bi-level patio and English style garden. The front load driveway is indeed a rare find on The Hill. You’ll find that this home is conveniently located within walking distance to the metro stop, public library, Eastern Market, and a plethora of local restaurants, bars, and coffee shops. Top-rated schools like Catharine Watkins Elementary, Shirley Chisholm Elementary, Brent Elementary, and Maurey Elementary all sit within the neighborhood. You will enjoy local parks such as Lincoln Park, Garfield Park, and The Yards Park. Local places of interest like The Circus School and Folger Theater add uniqueness and culture to this cool and vibrant neighborhood. There is quick access to the nearby National’s baseball park and Audi soccer stadium. This is a commuter’s paradise with direct access into MD or VA via I295, and I695. This remarkable home offers the perfect blend of comfort, convenience, and style.

Property Details

Property Features

Property Information:

  • Architectural Style: Federal
  • Year Built: 1965
  • Stories: 3
  • Living Area: 1,800 SqFt

Listing Office:

  • Office Name: Gallery Collective
  • Office Phone: (301) 245-2659
  • Listing Agent: Thomas N Mathis

Interior Features

Interior Information:

  • Appliances: Microwave, Dishwasher, Disposal, Dryer, Ice Maker, Oven, Gas Range, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
  • Basement: No
  • Flooring Type: Hardwood
  • Interior: Combination Dining/Living, Dining Area, Entry Level Bedroom, Floor Plan - Open, Kitchen - Gourmet, Recessed Lighting, Upgraded Countertops, Wood Floors
  • Fireplace: Gas/Propane

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Extensive Hardscape

Parking Information:

  • Parking: Driveway, Off Street

Virtual/3D Tour

  • 3D Tour: 550 7th St SE
3D Tour

Lot Features

Lot Information:

  • Lot Size: 0.02 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

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: 500 Block of 7th St SE between G St SE and E St SE

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,180,000
  • Price Per SqFt: $656/SqFt

Tax Information:

  • Annual Amount: $7,812
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$672.9K

Med. Price/SqFt

$510

Avg. Days On Market

42

# of Sold Homes

308

550 7th St SE vs Washington

16 DAYS ON ROCKET

-26 Days

$1,180,000

+$507K More

$656/SqFt

+$145 More

KEY TAKEAWAY

This property is $507K more than the Median Sold Price and $145/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: #DCDC2160040

Listing Office:

  • Office Name: Gallery Collective
  • Office Phone: (301) 245-2659
  • Listing Agent: Thomas N Mathis

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: 10/5/2024, 5:20:50 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

Jan 06, 2021Home Sold
$1,069,000
Sep 08, 2014Home Sold
$890,000

Tax History

YEARPROP. TAXASSESSMENT
2020$7,812$994,740
2019$7,478$954,710
2018$7,143$916,400
2017$6,500$905,900

History based on county public records data.

Payment Calculator

$5,957

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,604

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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-246228
6
/10
  • Tyler Elementary School

  • 1001 G St SE

  • 0.20 miles

  • Public District Grades EE-5

High School

school-card-donut-246229
2
/10
  • Eastern High School

  • 1700 E Capitol St NE

  • 1.07 miles

  • Public District Grades 9-12

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. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 550 7th St SE

What is the listing price of this property?

The listing price of 550 7th St SE property is $1,180,000.

What type of property is this?

The property 550 7th St SE is a townhouse located in Washington, District of Columbia, 20003.

Is this property for sale now?

Accepting Backup Offers: 550 7th St SE 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 550 7th St SE are:
Tyler Elementary School: GreatSchools Rating 6/10
Eastern 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 $7,812 (source: MLS/based on county public records data).

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

The last sale was on January 6, 2021 for $1,069,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 550 7th St SE has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 550 7th St SE is 1,800 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 550 7th St SE is 1965.

Rocket HomesDistrict of ColumbiaWashington20003550 7th St SE

This home is located at 550 7th St SE in Washington, DC and zip code 20003 in the Southeast neighborhood. This 1,800 square foot home, which was built in 1965, sits on a 0.02 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 18, 2024 and is currently priced at $1,180,000.

Washington, DC housing market in September 2024 saw over 77 listings sold above listed price, more than 85 sold at listed price and over 146 sold below. The inventory of homes for sale in Washington, DC between August 2024 and September 2024 increased by 27.4%. The median list price of listings available in September 2024 was $672,969, while the average time on the real estate market was 42 days.

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

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