tomo logo

$350,000

Beds
3
Baths
1.5
sq ft
1,122

4213 Wheeler Rd SE, Washington, DC 20032

4213 Wheeler Rd SE

WASHINGTON, DC 20032

  • 7 days on market
INVESTOR ALERT! A Motivated Seller Offering at a Great Price. This home is ideal for first-time homebuyers with a renovation loan or investors looking to expand their portfolio—whichever way you look at it, it has lots of potential. This 3-bedroom, 1.5-bath home is situated on a quiet, tree-lined street, just minutes away from everything. Upon entering, you will be greeted by gleaming hardwood floors that shine throughout the home. The living room freely flows into the dining room. The kitchen features a modern galley kitchen. The rear yard provides ample entertainment space. Not only can the yard accommodate family functions, but it also features off-street parking for two vehicles. When considering convenience, you are less than 2 miles from I-295, less than 2 miles from Bolling Air Force Base, and just minutes from downtown D.C. and the Metro. Additionally, you are less than seven minutes from the National Harbor, offering fine dining options. This Home Is A Must See! Following changes to the DC Zoning Regulations of 2016, given the large lot size, you can construct a detached two-bedroom, one-and-a-half-bath Accessory Dwelling Unit (ADU). The property is zoned RA-1, allowing for greater flexibility. RA-1 permits low— to moderate-density development, including detached dwellings, row houses, and low-rise apartments.

Details

Property type

Duplex

Est. home value

$333,836

Lot size

3,144 sq ft

Price per sq ft

$312

Year built

1950

Annual property taxes

$2,474.45

HOA

No

Price History

03/28/2025
Bright

Bright #DCDC2191724

Listed
$350,000

Schools & Community

Neighborhood: 

Washington Highlands

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$213,794
Asking price
$350,000
Closing costs (~8% of asking)
-$28,000
Est. remaining loan balance
-$108,206
Cash to seller
$213,794

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Monarch Bank

Loan start date

February 2014

Original loan amount

$140,000

Est. remaining balance

$108,206

Interest rate

4.48%

Loan type

New Conventional, 30 year

Seller

Alexander Dixon Jr

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/04/2025 at 6:55 PM

Listing updated: 03/28/2025 at 12:01 PM

Listed by: Norman S Domingo, XRealty.NET LLC Phone #: (888) 838-9044

MLS: Bright #DCDC2191724

Bright logo

Recently listed in WASHINGTON