1240 Mount Olivet Rd NE, Washington, DC 20002
OFF MARKET

$5,539,700

Trulia Estimate
  • Studio
  • 77,781 sqft (on 0.41 acres)

1240 Mount Olivet Rd NE, Washington, DC 20002

Ivy City
Refinance Your Home
Currently Off Market - Sold May 15, 2017 for $2,200,000

Home Value

Trulia Estimate
$5.54M
Since last month
Increased$118K (+2.1%)
Since last year
Increased$381K (+7.2%)
Since last sale
Increased$3M (+157.2%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +62% in the last 10 years
MonthEstimated value
2026
August 2026$5.66M
August 2026$5.54M
May 2026$5.79M
April 2026$5.91M
March 2026$8.29M
February 2026$6.9M
2025
2024
2023

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1642 K St NE, Washington, DC
0.55
Single-Family Home
$1,835,848
06/25/26
1
1
700
2118 Rand Pl NE, Washington, DC
0.53
Single-Family Home
$1,050,000
05/14/26
5
4.5
3,210
1646 Trinidad Ave NE, Washington, DC
0.21
Single-Family Home
$350,000
08/13/26
3
2
2,202
1283 Oates St NE, Washington, DC
0.43
Single-Family Home
$900,000
05/29/26
4
3.5
2,434
2116 R St NE, Washington, DC
0.47
Single-Family Home
$660,900
11/18/25
3
3.5
2,144
1318 Levis St NE, Washington, DC
0.36
Single-Family Home
$350,000
11/24/25
3
2
1,352
1320 Queen St NE, Washington, DC
0.31
Single-Family Home
$296,000
07/09/26
3
1
1,080
2401 Rand Pl NE, Washington, DC
0.65
Single-Family Home
$640,000
11/18/25
3
2
1,162
1409 W Virginia Ave NE, Washington, DC
0.43
Single-Family Home
$450,000
06/11/26
4
2
1,368
1019 10th St NE, Washington, DC
0.69
Single-Family Home
$1,160,000
02/25/26
4
3.5
2,246

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
1253 Mount Olivet Rd NE #4, Washington, DC 20002
0.06
$463,700
3
3.5
1,320
Off Market
1253 Mount Olivet Rd NE #2, Washington, DC 20002
0.06
$254,100
1
1
680
Off Market
1253 Mount Olivet Rd NE #1, Washington, DC 20002
0.06
$256,900
1
1
680
Off Market
1247 Mount Olivet Rd NE, Washington, DC 20002
0.05
$850,000
4
4
3,341
For Sale
1254 Simms Pl NE, Washington, DC 20002
0.07
$985,000
8
-
3,360
Recently Sold
1258 Simms Pl NE, Washington, DC 20002
0.08
$832,100
7
4
2,800
Off Market
1236 Simms Pl NE, Washington, DC 20002
0.07
$640,000
2
-
1,120
Recently Sold
1274 Simms Pl NE #2, Washington, DC 20002
0.09
$358,600
2
1
764
Off Market
1239 Simms Pl NE #1, Washington, DC 20002
0.10
$379,000
2
2
872
Recently Sold
1239 Simms Pl NE #3, Washington, DC 20002
0.10
$492,400
3
3
1,423
Off Market
1219 Simms Pl NE, Washington, DC 20002
0.10
$599,999
7
-
2,812
For Sale
1729 Trinidad Ave NE, Washington, DC 20002
0.14
$869,000
12
12
3,244
For Sale

Local Information

  • Map ViewExplore the area around 1240 Mount Olivet Rd NE.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 2021
0.41 acre lot
77,781 sqft
$71/sqft

About this House

This single-family home is located at 1240 Mount Olivet Rd NE, Washington, DC. 1240 Mount Olivet Rd NE is in the Ivy City neighborhood in Washington, DC and in ZIP code 20002. This property has approximately 77,781 sqft of floor space. This property has a lot size of 0.41 acres and was built in 2021.
1240 Mount Olivet Rd NE, Washington, DC 20002 is a studio, 77,781 sqft single-family home in Ivy City, built in 2021. It last sold for $2,200,000 on May 15, 2017. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $5,539,700.

Home Details for 1240 Mount Olivet Rd NE

Interior Features

Levels, Entrance, & Accessibility
Stories: 1

Property Information

Year Built
Year Built: 2021
Property Type / Style
Property Type: Single Family Home

Exterior Features

Exterior Home Features
Exterior: Cement Concrete

Community

Units in Building: 1

Lot Information

Lot Area: 0.41 acres

Price and Tax history

DateEventPrice
May 15, 2017
Source: N/A
Sold
$2,200,000
May 30, 2014
Source: N/A
Sold
$1,100,000

Market trends in Washington

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$669K
$1.33KMoM
Sale-to-List Price
99.6%
Price per sq ft
$506
$3MoM
Available listings
3058
185MoM

Around this home

Neighborhood Overview

Ivy City
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Ivy City

At least 24 Trulia users voted on each feature.

  • 93 % Say it's dog friendly

  • 93 % Say there are sidewalks

  • 74 % Say it's walkable to grocery stores

  • 72 % Say car is needed

  • 69 % Say kids play outside

  • 68 % Say it's walkable to restaurants

  • 65 % Say there's holiday spirit

  • 56 % Say parking is easy

  • 55 % Say neighbors are friendly

  • 52 % Say streets are well-lit

  • 50 % Say yards are well-kept

  • 39 % Say they plan to stay for at least 5 years

  • 37 % Say people would walk alone at night

  • 37 % Say it's quiet

  • 26 % Say there are community events

  • 25 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • Diana F.
    "there is a homeless people shelter around the corner, constant ambulances and police are there. Not a good place to live if you'd like to take a quick walk outside. "
    1
    Flag
  • Rose F.
    "Try to get the pack back that the homeless and the drug addicted to over and more things for our youth can do "
    1
    Flag
  • Erik K.
    "I’ve lived here for 2 years, it’s a little dicey with the homeless shelter and panhandlers, but it’s got a great character, needs more residents."
    6
    Flag
  • Andi B.
    "Fun up and coming neighborhood with local distilleries, breweries, and even a cidery. On the outskirts of DC, so residents tend to have more artsy and creative jobs vs work in politics. A bit tricky without a car as the metro is not within walking distance, but lots of new retail coming in that I believe will make Ivy City much more of a destination in the next few years! "
    4
    Flag
  • Andi B.
    "This is a new, up and coming neighborhood in DC. While there's still lots of room for development, there are some wonderful assets in this industrial neighborhood! Four distilleries and a brewery within walking distance, a local fish market with super friendly service, an organic grocery store, and an urban winery/music venue slated to open this month. (April 2018) Lots of retail [including Target] coming in the next year(s) and neighbors are friendly! Ivy City Smokehouse and La Puerta Verde can't be beat, and Ari's Diner has THE BEST pancakes. For real, I don't even like pancakes!! Downsides: it's difficult without a car, lots of "transients" in the neighborhood who will approach you, and very little green space, so not ideal for dogs. (Though National Arboretum is pretty close!) Hoping improvements in those areas are also on the horizon! "
    5
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 1240 Mount Olivet Rd NE

  • What is 1240 Mount Olivet Rd NE estimated to be worth?
    Trulia's estimated value for 1240 Mount Olivet Rd NE in Washington, DC is $5,539,700.
  • What is the price history for 1240 Mount Olivet Rd NE?
    1240 Mount Olivet Rd NE in Washington, DC last sold for $2,200,000 in May 2017.
  • Is Washington a buyer's or seller's market?
    Washington is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Washington?
    The median sale price in Washington is $669K. That is down $1.33K from the prior month.
  • How big is the lot at 1240 Mount Olivet Rd NE?
    The lot at 1240 Mount Olivet Rd NE in Washington, DC is about 0.41 acres (17,980 sq ft).

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