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$679,000

Beds
2
Baths
2.0
sq ft
1,065

1025 1st St SE Unit 611, Washington, DC 20003

1025 1st St SE Unit 611

WASHINGTON, DC 20003

  • 87 days on market
    • Price drop $16,000↓
    • Open house Jul 14
This stunning condo in the vibrant Navy Yard offers a perfect blend of modern living and urban convenience and Garage Parking. As you step into the light-filled open concept unit, you're greeted by elegant wood floors and floor-to-ceiling windows that illuminate the space. The open kitchen boasts granite counters and stainless steel appliances, creating a stylish yet functional culinary haven and breakfast bar seating for flexible dining options. The spacious owner's suite features a tray ceiling, walk-in closet, and a full bath complete with in unit a convenient washer/dryer making everyday living a breeze. The large den, equipped with its own bathroom, provides flexibility and could serve as a comfortable second bedroom or a versatile home office. Relish in the tranquility of your balcony, just off the living room, where you can soak in the view and enjoy a refreshing breeze. The unit's quiet entrance, easily accessible from the elevator, ensures peace and convenience. Included with the property is assigned garage parking, ensuring your convenience. Residents of this building enjoy a host of amenities, including an onsite manager, 24-hour concierge, meeting rooms, fitness center, a community room with kitchen, and Amazon locker, providing a secure and enjoyable living environment. However, the real highlight is the incredible rooftop oasis offering sweeping monument views, firework displays during the holidays, a swimming pool, grilling stations, dining areas, and lounge spaces - perfect for relaxation and entertaining. Plus, with its proximity to Nats Stadium, Whole Foods, Harris Teeter, and an array of dining and retail options, you'll have everything you need right at your doorstep. Enjoy easy access to the riverfront boardwalk and the Navy Yard Metro, making commuting a breeze. And with its pet-friendly policy, this condo truly offers something for everyone. Don't miss out on the opportunity to call this desirable residence your home. Schedule your viewing today and experience urban living at its finest! VA and FHA approved.

Details

Property type

Condominium

Est. home value

$703,156

Lot size

Unknown

Price per sq ft

$638

Year built

2009

Annual property taxes

$5,339

HOA

No

Price History

07/03/2024

Bright #DCDC2135428

Price change
$679,000
-2.3%
06/07/2024

Bright #DCDC2135428

Price change
$695,000
-0.71%
04/11/2024

Bright #DCDC2135428

Listed
$700,000
+1.82%

Schools & Community

Neighborhood: 

Navy Yard

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

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

$277,422
Asking price
$679,000
Closing costs (~8% of asking)
-$54,320
Est. remaining loan balance
-$347,258
Cash to seller
$277,422

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

Seller’s Loan History

Lender

Pmac Lending Services Inc

Loan start date

September 2023

Original loan amount

$350,000

Est. remaining balance

$347,258

Interest rate

6.81%

Loan type

New Conventional, 30 year

Seller

Cyrus Jallali and Cyrus Jallali Revocable Trust

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: 07/05/2024 at 11:30 PM

Listing updated: 07/03/2024 at 4:24 PM

Listed by: Mehrnaz Bazargan, Redfin Corp Phone #: (202) 759-7581

MLS: Bright #DCDC2135428

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