Check Availability
$299,990
Townhouse - In Contract

5016 IVORY WALTERS LN SE

WASHINGTON, DC 20019
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1544 Sqft
$1,624
Estimated Monthly
$150
HOA / Fees
9.40%
Cap Rate

About This Property

PRICED TO SELL!   Opportunity is knocking. Earn EQUITY while you own and restore this home with Homework!   The chance of a lifetime was born out of misfortune. This three-story end unit 3 bedroom, 2.5 bath 1-car garage townhome was damaged by fire a few years back and has yet to be restored to its once beautiful appearance. The owner has attempted to oversee the several contractors who were recommended by insurance interests and others, but the restoration remains incomplete. This is where the right Buyer enters the scenario. This home is located in the Southeast Washington neighborhood of Marshall Heights, which, like so many D.C. communities has become a highly sought after location. The home is situated among a group of similar three-story townhomes constructed with the modern amenities that buyers now expect.

Ivory Walters Lane has been battered and bruised, but its potential for rehabilitation is apparent. The owner has purchased upscale amenities, a list of which is provide for your review. This is a project for an individual or group with the vision to be a part of an up and coming neighborhood which combines the convenience of the city with the atmosphere of less dense suburban life. This rehab is not a total tear down; the structure remains in tact. It will, however, require substantial effort to return it to the market as a desirable home.  The home is being sold "As-IS, "WHERE-IS."  Inspections are for informational purposes only. The owner is looking for an all- cash offer, commensurate with the substantial After Repair Value it is certain to command. Will you be the one to take advantage of this incredible opportunity?
Unit Size
1,544Ft²
Days on Market
-
Land Size
0.05 acres
Price per sqft
$194
Property Type
Townhouse
Property Taxes
$282
HOA Dues
$150
Year Built
2009
Listed By
Patricia Dowtin
Long & Foster Real Estate, Inc.
Last updated: 3 days ago (Bright MLS #DCDC2136500)

Price History

Date / Event Date Event Price
Apr 27, 2024 In contract -
In contract
Apr 10, 2024 Listed by Long & Foster Real Estate, Inc. $299,990
Listed by Long & Foster Real Estate, Inc.

Property Highlights

Garage
Air Conditioning
Parking Details
Has Garage
Garage Features: Garage - Front Entry
Parking Features: Attached Garage, Driveway
Attached Garage Spaces: 1
Garage Spaces: 1
Total Garage and Parking Spaces: 1
Interior Details

Bedroom Information

Bedrooms on 1st Upper Level: 3

Bathroom Information

Full Bathrooms on 1st Upper Level: 2
Half Bathrooms on 1st Lower Level: 1

Interior Information

Interior Features: Dining Area, Floor Plan - Open, Kitchen - Eat-In
Appliances: Range Hood
Living Area Square Feet Source: Assessor

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Townhouse
3 Beds
2 Baths
816 ft²
$337/ft²
$275,000 Jan 30, 2021
$275,000 Apr 9, 2021
-
Condo
3 Beds
2 Baths
1,303 ft²
$269/ft²
$350,000 May 14, 2023
$350,000 Aug 31, 2023
-
House
3 Beds
3 Baths
1,350 ft²
$259/ft²
$350,000 Nov 18, 2022
$350,000 Feb 3, 2023
-
Condo
3 Beds
3 Baths
1,182 ft²
$305/ft²
$360,000 Feb 1, 2023
$360,000 Jun 6, 2023
-
House
3 Beds
2 Baths
1,184 ft²
$236/ft²
$278,900 Jun 23, 2023
$278,900 Mar 7, 2024
-
House
3 Beds
1 Bath
1,880 ft²
$122/ft²
$230,000 Sep 19, 2023
$230,000 Feb 2, 2024
-
Townhouse
3 Beds
2 Baths
1,292 ft²
$240/ft²
$310,000 Jan 13, 2024
-
-
House
3 Beds
2 Baths
1,545 ft²
$194/ft²
$300,000 Mar 26, 2024
-
-
House
3 Beds
1 Bath
1,304 ft²
$192/ft²
$250,000 Aug 1, 2023
-
-
House
3 Beds
1 Bath
1,056 ft²
$284/ft²
$299,900 Mar 7, 2024
-
-
House
3 Beds
2 Baths
1,200 ft²
$230/ft²
$275,500 Jan 12, 2024
-
-
In Contract
House
3 Beds
2 Baths
1,167 ft²
$287/ft²
$334,999 Jul 26, 2023
-
-

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

5016 Ivory Walters Lane Southeast 5016 Ivory Walters Lane Southeast, Washington, DC 20019
  • 1 Unit for Sale
More about this Building
5016 Ivory Walters Lane Southeast
Want to find out who owns 5016 Ivory Walters Lane Southeast, Washington, DC 20019? Get detailed property transactions here .

About Southeast Washington


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