5016 Ivory Walters Lane SE
Washington, DC 20019

  • 3 beds
  • 3 baths
  • 2,088 sqft
  • 2,369 sqft lot
  • $143 per sqft
  • 2009 build

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?

BRIGHT MLS logo Listing courtesy of BRIGHT / Long & Foster Real Estate, Inc.

Last checked: Checking… • Last updated Apr 27, 2024 •

MLS# DCDC2136500 —

Monthly cost estimate

5016 Ivory Walters Lane SE

Asking price

$299,990

Expense Monthly cost
Mortgage

$1,606

Taxes $282
Insurance $82
Utilities $141 See report
Total $2,111/mo.*
*This is an estimate

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Sale history

Date Event Source Price % Change
4/27/24
Pending BRIGHT $299,990
4/10/24
Listed / Active BRIGHT $299,990

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41% of nearby similar homes sold for over asking price

Similar homes that sold in bidding wars went $12k above asking price on average, but some went as high as $40k over asking price.

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Listing provided by broker:

Patricia A Dowtin

Long & Foster Real Estate, Inc.

longandfoster@broker1suite.com

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This townhouse located in Northeast Washington, Washington, DC 20019 is currently pending sale for $299,990. 5016 Ivory Walters Lane SE is a 2,088 square foot townhouse with 3 beds and 3 baths. 5016 Ivory Walters Lane SE is in the Northeast Washington neighborhood of Washington and has a WalkScore® of 44, making it car-dependent. This townhouse is in the attendance area of Nalle Elementary School, Kelly Miller Middle School, and H.D. Woodson High School.

BRIGHT MLS logo Listing Courtesy of: BRIGHT and Long & Foster Real Estate, Inc..

The information included in this listing 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. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. BRIGHT MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. 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.
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