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$705,000

Beds
2
Baths
2.0
sq ft
1,078

1006 M St NW Unit 3, Washington, DC 20001

1006 M St NW Unit 3

WASHINGTON, DC 20001

  • 53 days on market
    • Price drop $15,000↓
The phrase location, location, location has never been more true! 1006 M St NW is ideally located just one block to Blagden Alley which features everything from Michelin rated restaurants to rooftop bars, pizza and burgers spots, to coffee shops. Just one block to the convention center, two blocks to metro, quick walk to 14th St, Logan Circle, City Center, Penn Quarter, and easy access to 395 & Union Station. Unit 3 provides an open floorplan, nearly 1,100sq/ft of interior living space with newly refinished white kitchen cabinetry and new hardware, new quartz counter tops, new pendant lighting, stainless steel appliances, hardwood flooring and recessed lighting throughout the unit. Down the hall from the kitchen/living areas you will find two well appointed bedrooms each with ensuite bathrooms. The primary bedroom features a walk-in closet with custom shelving and a private balcony. Unit 3 is located on the second floor of this four-unit building with central heating and cooling and in-unit laundry. Super low condo fee of $362.23!!

Details

Property type

Condominium

Est. home value

$802,609

Lot size

Unknown

Price per sq ft

$654

Year built

1900

Annual property taxes

$6,432

HOA

No

Price History

06/26/2024

Bright #DCDC2141742

Price change
$705,000
-2.08%
06/07/2024

Bright #DCDC2141742

Price change
$720,000
-2.04%
05/14/2024

Bright #DCDC2141742

Listed
$735,000

Schools & Community

Neighborhood: 

Logan Circle

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

$373,347
Asking price
$705,000
Closing costs (~8% of asking)
-$56,400
Est. remaining loan balance
-$275,253
Cash to seller
$373,347

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

Seller’s Loan History

Lender

Atlantic Coast Mortgage

Loan start date

February 2012

Original loan amount

$381,500

Est. remaining balance

$275,253

Interest rate

3.89%

Loan type

New Conventional, 30 year

Seller

Matthew J Mcburney

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: 07/06/2024 at 12:35 AM

Listing updated: 06/26/2024 at 2:20 PM

Listed by: Michael Hangemanole, Long & Foster Real Estate, Inc. Phone #: (202) 483-6300

MLS: Bright #DCDC2141742

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