1 /
4
Map
$299,990
●
Townhouse -
In Contract
5016 IVORY WALTERS LN SE
WASHINGTON, DC 20019
3 Beds
3 Baths,
1
Half Bath
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?
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
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
Exterior Details
Property Information
Total Below Grade Square Feet: 228
Ownership Interest: Fee Simple
Property Condition: Major Rehab Needed
Year Built Source: Assessor
Building Information
Foundation Details: Permanent
Other Structures: Above Grade, Below Grade
Structure Type: End of Row/Townhouse
Construction Materials: Vinyl Siding
Pool Information
No Pool
Lot Information
Tidal Water: N
Lot Size Source: Assessor
Land Information
Land Assessed Value: $444,210
Above Grade Information
Finished Square Feet: 1544
Finished Square Feet Source: Assessor
Below Grade Information
Finished Square Feet: 544
Finished Square Feet Source: Assessor
Unfinished Square Feet: 228
Unfinished Square Feet Source: Assessor
Financial Details
County Tax: $0
County Tax Payment Frequency: Annually
City Town Tax: $3,389
City Town Tax Payment Frequency: Annually
Tax Assessed Value: $444,210
Tax Year: 2022
Tax Annual Amount: $3,389
Year Assessed: 2022
Utilities Details
Central Air
Cooling Type: Central A/C
Heating Type: Forced Air
Cooling Fuel: Electric
Heating Fuel: Electric
Hot Water: Electric
Sewer Septic: Public Sewer
Water Source: Public
Location Details
HOA Fee: $150
HOA Fee Frequency: Quarterly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
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
-
Sold
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
-
Active
Townhouse
3
Beds
2
Baths
1,292 ft²
$240/ft²
$310,000
Jan 13, 2024
-
-
In Contract
House
3
Beds
1
Bath
1,304 ft²
$192/ft²
$250,000
Aug 1, 2023
-
-
In Contract
House
3
Beds
2
Baths
1,200 ft²
$230/ft²
$275,500
Jan 12, 2024
-
-
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
About Southeast Washington
Similar Homes for Sale
$299,900
- 3 Beds
- 1 Bath
- 1,056 ft²
$300,000
- 3 Beds
- 2 Baths
- 1,545 ft²
Nearby Rentals
$2,600 /mo
- 2 Beds
- 1.5 Baths
- 1,525 ft²
$2,400 /mo
- 3 Beds
- 2 Baths
- 810 ft²