Chad E Craig, Listing Office: Keller Williams Preferred Properties
$10,000
closing credit¹
1625 21st Pl SE Washington, DC 20020
Property details
About 1625 21st Pl SE
1625 21st Pl SE represents an exceptional investment opportunity in a burgeoning market. The approved plans for a 20-unit condominium development in the rapidly transforming Anacostia neighborhood provide a clear path to high returns. With strong market fundamentals, a prime location, and robust neighborhood amenities, this property is well-positioned to meet the growing demand for quality housing in Washington, DC. The property's value is significantly enhanced by the pre-approved development plans for a 20-unit condominium building. This approval mitigates much of the initial development risk and expedites the construction timeline, allowing investors to capitalize on the market demand more quickly poised to deliver substantial returns in one of the city's most promising real estate markets. The 20 units are a mixture of one (1) beds / one (1) bath & two (2) beds / two (2) baths and ranging from 550 sqft to almost 800 sqft. Offering Memorandum and full financial analysis are provided in the documents section. The approved plans and permits will be provided by agents to any interested party for proper due diligence.
Highlights
(ACTIVE)
Summary
- MLS Number: DCDC2145694
- MLS Name: BRIGHT
- Office Name: NHT Real Estate LLC
- Office Phone: (202) 670-5352
- Office Email: gigi.luu@nhabitco.com
- Listing Agent: David L Moretz II
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.
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Last updated on: 1/26/2025, 11:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,075,000
1625 21st Pl SE
$10,000
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2020 | $322,280 | $2,739 |
2019 | $287,910 | $2,447 |
2018 | $266,620 | $2,266 |
2017 | $227,170 | $1,930 |
History based on county public records data.
Nearby schools
3
Orr Elementary School
Public District EE-5
0.2 mi
•2200 Minnesota Ave SE
4
Ketcham Elementary School
Public District EE-5
0.5 mi
•1919 15th St SE
4
Randle Highlands Elementary School
Public District EE-5
0.6 mi
•1650 30th St SE
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $41,131. Most Washington, DC residents have annual incomes less than $<35k. The most common type of family is single, no kids. Most residents in this area have high school diploma education.
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Frequently asked questions
About 1625 21st Pl SE
This home is located at 1625 21st Pl SE in Washington, DC and zip code 20020 in the Southeast neighborhood. This 2,000 square foot home, which was built in 1931, sits on a 0.06 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 10, 2024 and is currently priced at $1,075,000.
In December 2024 more than 103 listings in Washington, DC were sold above the asking price. During the same period more than 113 listings were sold at asking price, while more than 258 were sold below. Between November and December 2024, Washington, DC real estate market has seen increase in the number of listings by 0.4%. In December 2024, listings were on the market for 58 days. During the same period, the median list price in this real estate market was $676,667.