Back 5400 Drake Place Southeast
Off Market

5400 Drake Place Southeast

Washington DC 20019

4000 sq. ft.
Land
Last sold for $420,000
Cherice ClarkCherice Clark, last sold this property on 28 April 2023 after 211 days on market.

Overview

Prime location ready for development in the Marshall Heights area. Development in the area has already begun. This is a land only sale, current home on the property will need to be demolished so there is no access provided. There are two lots Lots 20 and 21.

Features

4000 sq. ft. lot size
Land

Estimated Value

Based on this property and similar land plots sold in Washington over the last 12 months, the estimated median property value of 5400 Drake Place Southeast is $110k.

Median value
$110k
Estimated value range
$53k - $150k
Median days on market
58
Estimated value trend
-9%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Washington. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 5400 Drake Place Southeast

2023
Sold
$420,000
28 Apr 2023 by Cherice Clark, of Clark Premier Realty Group

Happy sellers in Washington

94%
94% of sellers in Washington reported that their sale price either exceeded or met their price expectations.

Washington stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Washington over the last 12 months.

Local market activity for land plots in Washington

In the last 12 months, 8 land plots similar to 5400 Drake Place Southeast, have been sold.

This represents a 30% increase in land plots sales when compared to the previous 12 months.

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