Check Availability
$214,900
↓ $24K (10.1%)
House - For Sale

5318 GAY ST NE

WASHINGTON, DC 20019
bedrooms
Studio
bathrooms
0 Bath
square feet
976 Sqft
$1,056
Estimated Monthly
$0
HOA / Fees

About This Property

Fully Available. REO - SOLD STRICTLY IN AS-IS CONDITION with the seller making no representations or warranties. Cash is preferable, Hard Money Loans will be considered. Rehab property in blossoming Deanwood! Convert existing property into a 3 bedroom, 2.5 bath with a finished walk out basement. INVESTORS DELIGHT!
Unit Size
976Ft²
Days on Market
235 days
Land Size
0.06 acres
Price per sqft
$220
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1926
Listed By
Monique Malabet
Keller Williams Capital Properties
Last updated: 2 months ago (Bright MLS #DCDC2110798)

Price History

Date / Event Date Event Price
Jan 18, 2024 Price Decreased $214,900
↓ $24K (10.1%)
Price Decreased
Jan 8, 2024 Relisted $239,000
Relisted
Jan 3, 2024 No longer available -
No longer available
Oct 3, 2023 Price Decreased $239,000
↓ $36K (13.1%)
Price Decreased
Sep 6, 2023 Listed by Keller Williams Capital Prop. $275,000
Listed by Keller Williams Capital Prop.
The property is being sold AS-IS with the seller making no representations or warranties. Rehab property in blossoming Deanwood! Plans approved by DCHA in October 2022 (retrieval at buyer's expense) to convert existing property into a 3 bedroom, 2.5 bath with a finished walk out basement. The manager has listed the unit size as 976 square feet.
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Property Highlights

Parking Available
Parking Details
Parking Features: Driveway, On Street
Interior Details

Interior Information

Living Area Square Feet Source: Estimated

Basement Information

Has Basement

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1926
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Fair
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Type: Unspecified basement
  • Basement Area: 448
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,500
  • Total Building Area: 1,424
  • Gross Building Area: 1,424
  • Building Area: 976
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Radiant
  • Heated Square Feet: 976
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DEANWOOD
  • Land Acres: 0.057
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Rail (right-of-way & track)
  • Legal Description 1: SQUARE 5209 LOT 0056 NBHD: DEANWOOD

Ownership

  • Current Owner : AAIA RML LLC
  • Previous Owner : SOLOMON RICHARD E
  • Previous Owner 2: ROGERS RICHARD J
  • Owner Before Previous Owner: BAKAN INVESTMENTS LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Oct 05, 2023

Neighborhood

  • School District Name: District of Columbia Public Schools
  • Census Tract: 007807

Zoning

  • Zoning: R-2

Geography

  • Assessors Map Reference: 09-0924C
  • Parcel: 5209- -0056
  • Block: 5209
  • Lot: 56
  • Municipality: WARD 7
  • Latitude: 38.8993
  • Longitude: -76.9244

    Address

  • Full Address: 5318 Gay St Ne
  • Address - House Number: 5318
  • Street Segment Direction: NE
  • Address - Street Name: Gay
  • Address - Suffix Type: St
  • State: DC
  • City Name: Washington
  • Carrier Code: C047
  • 4-Digit Zip Code: 7013
  • Zip Code: 20019

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $21,254

    Appraisal Valuation

  • Standard Deviation: 0.0785
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 94
  • Final Value: 231,164
  • High Value: 249,330
  • Low Value: 212,999

    Market Valuation

  • Market Total Value: $212,540
  • Market Land Value: $130,880
  • Market Improvement Value: $81,660

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $212,540
  • Assessed Land Value: $130,880
  • Assessed Improvements Value: $81,660

    Sales

  • Current Sale Contract Date: Dec 28, 2023
  • Current Sale Recording Date: Dec 29, 2023
  • Current Sale Transaction ID: 11918679230
  • Current Sale Price: $292,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 116120
  • Previous Sale Recording Date: Jul 13, 2021
  • Previous Sale Contract Date: Jun 15, 2021
  • Previous Sale Amount: $252,500
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: LOAN FUNDER LLC
  • Previous Mortgage Transaction Date: Jul 13, 2021
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $252,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
1 Bath
980 ft²
$255/ft²
$250,000 May 22, 2023
$250,000 Jun 14, 2023
-
House
2 Beds
1 Bath
952 ft²
$262/ft²
$249,000 Jun 19, 2023
$249,000 Jul 7, 2023
-
House
2 Beds
1 Bath
917 ft²
$273/ft²
$250,000 Dec 7, 2023
$250,000 Dec 27, 2023
-
House
4 Beds
2 Baths
936 ft²
$283/ft²
$264,499 Nov 24, 2022
$264,499 Mar 31, 2023
-
House
2 Beds
1 Bath
810 ft²
$284/ft²
$230,000 Sep 28, 2023
$230,000 Nov 20, 2023
-
House
2 Beds
1 Bath
760 ft²
$276/ft²
$210,000 Aug 2, 2023
$210,000 Sep 18, 2023
-
House
3 Beds
2 Baths
1,116 ft²
$241/ft²
$269,000 Oct 20, 2023
-
-
Townhouse
1 Bed
1 Bath
840 ft²
$244/ft²
$204,900 May 2, 2023
-
-
In Contract
House
3 Beds
1 Bath
733 ft²
$286/ft²
$210,000 Aug 25, 2023
-
-
House
2 Beds
1 Bath
720 ft²
$347/ft²
$250,000 Apr 6, 2023
-
-
House
3 Beds
1 Bath
1,304 ft²
$192/ft²
$250,000 Aug 1, 2023
-
-
House
2 Beds
1 Bath
666 ft²
$428/ft²
$285,000 Dec 15, 2023
-
-

About Northeast Washington


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Frequently Asked Questions

When was property at 5318 Gay Street Northeast built and last sold?
The property at 5318 Gay Street Northeast was built in 1926 and last sold on Dec 28, 2023 for $292,000.
How much is this home worth?
The estimated value of the home located at 5318 Gay Street Northeast is $289,674.
What are some comparable homes to 5318 Gay Street Northeast?
Homes that are comparable to 5318 Gay Street Northeast include a house property at 710 Eastern Avenue Northeast, 837 Eastern Avenue, 826 52nd Street Northeast.

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