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UNDER CONTRACT – 4404 Banks Place, NE Washington DC, 20019 Pending

  • $300,000
  • 3 beds
  • 3 baths
  • 2,352 sqft

RARE Detached Single Family home in DC

 

BUY NOW PRICE =  $300K

 

  • 3 Bed / 3 Bath
  • 1,176 AG SF | 2,352 Total SF
  • Lower level: 882 finished / 294 unfinished
  • Lot: 4,500 SF (0.10 ac)
  • Type: Raised rancher
  • Built: 1964
  • Ask: $300k
  • ARV: $550,000
  • Close: March 20, 2026
  • Tax assessment: $421,820

CONDITIONFull interior update + layout work

What you keep

  • Brick exterior
  • Ductwork already in place for heating/cooling
  • Lower level has usable finished space plus separate utility/storage area

What you replace/update

  • Kitchen
  • Baths (2.5 total)
  • Flooring, paint, trim, fixtures throughout
  • Open up walls to improve flow (straightforward drywall work)
  • Clean-out + standard punch list

PHOTO NOTES

  • Raised rancher layout: main level + lower level gives you clean separation for living space vs bonus space.
  • Light: large front window and basement windows help once you clear clutter and brighten finishes.
  • Lower level: multiple rooms plus utility/laundry area. Great as rec/office/guest space.
  • Lot/topography: house sits up with a longer stair approach; buyers see it immediately.
COMPS / ARV
  • 500 47th Pl NE — $499,950
  • 4441 A St SE — $499,900
  • 4253 Eads St NE — $600,000
ARV read
  • $500k supports an average finish outcome
  • $600k supports the top end with a stronger finish package + clean flow
  • $550k sits in the middle and matches a clean renovation with layout improvements

EXIT POSITIONINGFlip

  • Works for a buyer who wants a DC renovation without the rowhouse-to-studs scope
  • Value comes from finishes + opening the layout, not adding square footage
  • Lower level presentation matters for resale

WHY THIS DEAL WORKS

$300k ask vs $421,820 tax assessmentDrywall layout changes (faster and cheaper than masonry rework)Ductwork already in place2,352 total SF with usable lower level space

Close date : March 20, 2026

NEXT STEP

Reach out for access and walkthrough details for 4404 Banks Pl NE.Send your offer with proof of funds

Price:
$300,000
Address:
4404 Banks Place
NE Washington, DC 20019
Square Feet:
2,352
Lot Size:
4,500 sqft
Bedrooms:
3
Bathrooms:
3
Terms:
For Sale
Property Type:
Home
Year Built:
1964
Basement:
Fin 1,176 sqft
Const. Type:
Rambler with Basement

Additional Features

CLOSING DATE = March 20th, 2026

Call 240-685-9240 for more details

Property Location