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    834 48TH Street NE

    WASHINGTON, DC 20019
    • $586,000
    • STATUS: Closed
    • ON SITE: 148 days
    • ID#: DCDC500986
    Sold - 05/07/2021
    $586,000
    SOLD - 05/07/2021
    • 4
      BEDS
    • 0.06
      ACRES
    • 3
      BATHS
    • 1
      1/2 BATHS
    • 2,700
      SQFT
    • $217
      $/SQFT
    Neighborhood:
    Type:
    Single-Family Home
    Built:
    2020
    County:

    School Ratings & Info

    Description

    Sales price just reduced to accommodate HPAP and other 1st time homebuyer programs. Be the first to live in this newly constructed home built this year with 4 bedrooms, 3.5 baths and an attached 2-car garage. Completed using energy efficiency materials, its modern open concept showcases an eat-in kitchen, walk-in closets and large master bath with double sinks. There are real hardwood floors throughout including on all the stairs. The kitchen is big and warm with quartz counter tops, a center island and has Samsung appliances with extended warranties. There is an adjacent deck with views of The Washington Monument. Every bedroom is spacious with gleaming natural light that has stunning views of the city, every bathroom has beautiful title work with modern fixtures and every room has high ceilings. The location is positioned where your minutes away from two metro stations, bus stops, 295, 395, 50, BW Parkway, Marvin Gaye Park, grocery stores and bus lines. This sale is offered as an Affordable Dwelling Unit known as an ADU under the 120% MFI income level. It has an income restriction that requires a minimum household of four people to occupy it. A combined household income cannot exceed $151,200 for 4 people (including children) and a maximum of $211,700 for 8 people. The property cannot be sold at market rate for 15 years. After that time, the home can be sold for whatever price the market will bare. Each year that a person lives in the property, more equity is released until the 15th year period is met. Take advantage of purchasing at a below market price. The home next door built by the same builder sold in the mid $600s.

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    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use 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 may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or EXIT Realty Enterprises. 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. Data last updated: 2021-05-16T14:52:10.387.
    www.exitrealtyenterprises.com/homes/112698855
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    834 48TH Street NE WASHINGTON, DC 20019

    • Price: $565,000
    • Status: Closed
    • Updated: 23 min ago
    • ID#: DCDC500986
    4
    Beds
    3
    Baths
    1
    ½ Baths
    0.06
    Acres
    2,700
    SQFT
    $217
    $/SQFT
    2020
    Built
    Neighborhood:
    Deanwood
    County:
    Washington
    School District:
    District Of Columbia Public Schools
    Property Description
    Sales price just reduced to accommodate HPAP and other 1st time homebuyer programs. Be the first to live in this newly constructed home built this year with 4 bedrooms, 3.5 baths and an attached 2-car garage. Completed using energy efficiency materials, its modern open concept showcases an eat-in kitchen, walk-in closets and large master bath with double sinks. There are real hardwood floors throughout including on all the stairs. The kitchen is big and warm with quartz counter tops, a center island and has Samsung appliances with extended warranties. There is an adjacent deck with views of The Washington Monument. Every bedroom is spacious with gleaming natural light that has stunning views of the city, every bathroom has beautiful title work with modern fixtures and every room has high ceilings. The location is positioned where your minutes away from two metro stations, bus stops, 295, 395, 50, BW Parkway, Marvin Gaye Park, grocery stores and bus lines. This sale is offered as an Affordable Dwelling Unit known as an ADU under the 120% MFI income level. It has an income restriction that requires a minimum household of four people to occupy it. A combined household income cannot exceed $151,200 for 4 people (including children) and a maximum of $211,700 for 8 people. The property cannot be sold at market rate for 15 years. After that time, the home can be sold for whatever price the market will bare. Each year that a person lives in the property, more equity is released until the 15th year period is met. Take advantage of purchasing at a below market price. The home next door built by the same builder sold in the mid $600s.
    Exterior Features

    Architectural Style Traditional Construction Materials BrickVinyl Siding Garage Spaces 2.00 Garage Type Garage - Rear Entry Garage YN Yes Other Structures Above GradeBelow Grade Parking Types Attached Garage Patio And Porch Features Balcony Pool No Pool Property Condition Excellent Riparian Rights YN No Soil Types Urban Land-Sassafras-Chillum Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

    Interior Features

    Above Grade Fin SQFT 1800 Basement YN No Below Grade Finished Area 900 Cooling Central A/C Fireplace YN No Furnished No Heating Central Heating YN Yes Interior Features Breakfast AreaCombination Kitchen/DiningDining AreaEfficiencyFamily Room Off KitchenFloor Plan - OpenKitchen - IslandKitchen - GourmetWalk-In Closet(S) Laundry Type Dryer In UnitUpper Floor Levels 3 Main Level Bedrooms 4 Spa YN No

    Property Features

    Accessibility Features Other Association YN No Buyer Financing Va Central Air YN Yes Close Sale Terms Standard Sale Condo YN No Construction Completed YN Yes Cooling Fuel Electric Heating Fuel Electric Hot Water Electric Navigable Water YN N New Construction YN Yes Original MLSNumber 304425084699 Ownership Interest Fee Simple Possession Immediate Sale Type Standard Senior Community YN No Sewer Public Sewer Structure Design Type Detached Tax Annual Amount 70790.00 Tax Assessment Amount 0.00 Vacation Rental YN No Water Source Public Zoning R1

    Listing courtesy of Re/Max Allegiance.


    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use 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 may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or EXIT Realty Enterprises. 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. Data last updated: 2021-05-16T14:52:10.387.
     
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