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3121 18th St NE
Score
0
Washington, DC

3121 18th St NE

755K
3 bd • 3 ba • 1,836 sf

This analysis was generated on 3/4/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

AI Property Analysis

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List Price

$755,000

Price/Sq.Ft

$411

Year Built

AI Property Analysis

A comprehensive evaluation of this property's features, market position, and investment potential.

The Good

• Slate Roof: Durable and aesthetically pleasing, adds significant value and longevity to the property • Hardwood Flooring: Classic and durable flooring material, adds warmth and value to the living spaces • Arched Doorway: Unique architectural detail that enhances curb appeal and adds character • Brick Exterior • Updated Windows • Open Concept Living Space • Price Position: The property's price per square foot is $411.22, significantly higher than the median price per square foot of $340.00 in the area, suggesting it may be overpriced. • Appreciation Trend: Homes in 20018 have sold for 0.6% more than they did a year ago, indicating modest appreciation. • Potential Equity: Property could be worth up to $20,000 more than the asking price • Rental Income: $2,299/month with 90% occupancy (0.0% cap rate) • Schools: No school data available. • Future Development: No development and infrastructure data available. • Good natural light in the living areas, especially through the front windows. The open layout allows light to penetrate deeper into the home.
Slate Roof

Slate Roof

Durable and aesthetically pleasing, adds significant value and longevity to the property.

Hardwood Flooring

Hardwood Flooring

Classic and durable flooring material, adds warmth and value to the living spaces.

Arched Doorway

Arched Doorway

Unique architectural detail that enhances curb appeal and adds character.

The Bad

• Potential fluctuations in interest rates could impact affordability and buyer demand. • Lack of specific property details (year built, features, utilities) makes accurate valuation challenging. • Limited information on crime statistics raises concerns about neighborhood safety and property values. • Climate Risk: No climate risk data available.

The Ugly

No critical issues identified

Who is this property for?

These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.

Best For

Rental Property Investors: Potential annual revenue of $27,588 with 90% occupancy rate Value Investors: Projected 8.6% appreciation potential in moderate scenario

Not For

No specific buyer categories to avoid identified
Demographics
Area Median Income

$74,412

Property History

Price History
Ownership Timeline
$755,000Financed
Nov 28, 2023
Keegan Baines Bursaw, Kristin Marie TreierAlexander James Thurston, Faith Keohane Wilcox
Deed
Standard Sale (Purchase/Resales)
$631,500Financed
May 31, 2017
Colin F Lynch, Anne Custis LynchKristin Marie Treier, Keegan Baines Bursaw
Special Warranty Deed
Standard Sale (Purchase/Resales)
$479,000Financed
Mar 14, 2014
Spicer Hb LlcAnne C Lynch
Warranty Deed
Standard Sale (Purchase/Resales)
$265,000Financed
Oct 3, 2013
Ryan PauleySpicer Hb Llc
Special Warranty Deed
Non-Residential Arm's Length Transactions
$345,000Financed
Apr 12, 2005
Ryan PauleyLaurel Fain
Warranty Deed
Standard Sale (Purchase/Resales)

Market Insights

Real-time analysis of the local housing market

February 2025
Neutral Market

The market in 20018 is currently balanced between buyers and sellers. While prices are stable, it's still important to make competitive offers on homes you're interested in.

$589,500
$340/sqft
0.6%
Change from last month
Your price: $755K (+28%)
Your price/sqft: $411/sqft (+21%)
101
17 sold last month
9.8%
Change from last month
49 days
Average for homes in this area
9.7%
Change from last month

Sale Price Distribution

Last month
6
Over Asking
homes
6
At Asking
homes
5
Under Asking
homes
Total: 17 homes sold

If you're buying a home in 20018, expect to pay close to the asking price. 35.3% of homes here sold near the asking price last month.

Sale Time Distribution

Last month
8
Under 30 Days
homes
Your property
6
30-90 Days
homes
3
Over 90 Days
homes
Total: 17 homes sold

Many homes in 20018 are selling fast, if you're buying plan to act quickly.

Sunlight Analysis

Visualize how sunlight affects this property throughout the day and year.

Sunlight Analysis

Data provided by Shadowmap

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Risk Assessment

Risk Analysis

• Potential fluctuations in interest rates could impact affordability and buyer demand. • Lack of specific property details (year built, features, utilities) makes accurate valuation challenging. • Limited information on crime statistics raises concerns about neighborhood safety and property values. • Climate & Insurance: No climate risk data available.

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Financials

Monthly Costs
Market Rent (3 bed)

$2,299

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Location & Comparables

Subject Property
Comparable Sales
View on Zillow

Subject Property

Price
$755,000
Price/sqft
$411
Layout
3 bd3 ba

Stats in the Area

Based on 6 comparable properties nearby

Average Price

$742,317

1.7%

Your price is 1.7% above average

Median Price

$824,900

8.5%

Based on 6 recent sales

Price per Sq.Ft

$401

2.5%

Your price is 2.5% above average $/sqft

Comparable Properties

643 GIRARD ST NE #1, WASHINGTON, DC 20017
Price: $716,000
Sq.Ft: 1,900
Beds/Baths: 2/3
$/Sq.Ft:
$3778.4%
Sale Date: 11/21/2024
3709 26TH ST NE, WASHINGTON, DC 20018
Price: $675,000
Sq.Ft: 1,595
Beds/Baths: 3/3
$/Sq.Ft:
$4232.9%
Sale Date: 11/18/2024
3316 18TH ST NE, WASHINGTON, DC 20018
Price: $835,000
Sq.Ft: 2,189
Beds/Baths: 4/3
$/Sq.Ft:
$3817.2%
Sale Date: 10/17/2024
1517 MONTANA AVE NE, WASHINGTON, DC 20018
Price: $560,000
Sq.Ft: 1,642
Beds/Baths: 3/2
$/Sq.Ft:
$34117.1%
Sale Date: 1/28/2025
1817 MONROE ST NE, WASHINGTON, DC 20018
Price: $824,900
Sq.Ft: 2,000
Beds/Baths: 4/4
$/Sq.Ft:
$4120.3%
Sale Date: 1/14/2025
649 GIRARD ST NE, WASHINGTON, DC 20017
Price: $843,000
Sq.Ft: 1,798
Beds/Baths: 4/4
$/Sq.Ft:
$46914.0%
Sale Date: 12/10/2024

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