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1403 Shippen Ln SE, Washington, DC, 20020

4beds
3baths
1,980sqft
$295,000
$149price/sqft
$1,897/moest. monthly cost
$75,880/yrincome needed

About This Home

AGENTS - PLEASE VIEW AGENT REMARKS IN BRIGHT MLS. Great investment opportunity in Southeast DC. Spacious three-level townhome featuring 4 bedrooms and 2.5 bathrooms with a functional layout and strong rental potential. The main level offers an open living area and a large kitchen with ample cabinetry and dining space, while the upper levels provide generously sized bedrooms including a primary suite with en-suite bath. Off-street parking and private outdoor space add additional value. Conveniently located near commuter routes, public transportation, parks, and neighborhood amenities, making it an attractive option for investors or buyers seeking long-term value and income potential. Buyer to pay a short sale negotiation fee of $6,000.00 or 2% of the purchase price, whichever is greater, upon closing.

Getting Around

59
WalkingSomewhat Walkable
0
TransitVery Limited Transit
56
BikeBikeable

Schools

2/10
Johnson Middle SchoolGrades 6-80.1 mi
3/10
Ballou High SchoolGrades 9-121.2 mi

Construction

Condition

  • Year built: 2010

Materials

  • Foundation: Brick/Mortar
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: Townhouse
  • Architectural style: Colonial
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Gas Water Heater

Basement

  • Area: 0

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1
  • Main level bathrooms: 1

Features

  • Finished area below ground: 0
  • Finished area above ground: 1,980

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 1,980
  • Total interior livable area: 1,980 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 5885//0090
  • Zoning: RA-1
  • Special condition: Notice Of Default,Standard

Features

  • Levels: Three
  • Stories: 3
  • Pool features: None

Lot

  • Lot size: 2,777 sqft
  • Features: Urban Land-Beltsville-Chillum

Parking

  • Parking features: Off Street

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Cold Wave
    Cold WaveModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Cold Wave
Winter Weather
Tsunami

FEMA Declared Disasters Across District of Columbia Counties

Other

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,491$17,892
Home Insurance *$79$948
Property Taxes $163$1,956
Electricity $164$1,969
Total$1,897$22,764
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$65,040/yr
40% on housing$56,910/yr
45% on housing$50,586/yr

District of Columbia FAIR Plan Programs

District of Columbia Property Insurance Facility

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.2%
8.2%
0%30.0%
Electricity Growth Rate10-year average: 7.4%
7.4%
0%15.0%
Property Taxes Growth Rate2-year average: 0.1%
0.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$149This listing

vs Other Active Listings

Avg $/sqft

ZIP 20020$257
District of Columbia$599

vs Homes Sold Last Month

Median $/sqft

ZIP 20020$239
District of Columbia$394

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2022-02-21Sold$455,000
2022-01-11Contingent$449,999
2021-12-28Listed for sale$449,999
2017-02-19Listing removed--
2017-02-07Listed for sale--
1996-05-02Sold$225,000

Unknown Listed By

AgentAndranik Drummond-Reid
BrokerageKeller Williams Capital Properties

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