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$579,900

Beds
3
Baths
2.0
sq ft
1,254

1107 16th St NE, Washington, DC 20002

1107 16th St NE

WASHINGTON, DC 20002

  • 183 days on market
This freshly painted and recently renovated 2 level town house is a perfect oasis in the middle of the city. The entire second floor has brand new flooring. The main level boasts an open living concept with hardwood floors and recessed lights through out. The living areas features a fireplace on a stone wall - perfect for entertaining, winter days, or setting the right ambiance. The kitchen has granite countertops with a huge island for seating and stainless steel appliances. Additionally, there is a full bathroom on this level. The upper level features three bedrooms and one full bathroom. Laundry is on this upper level for your convenience. The house has a two level deck that goes all the way to the roof top for your al fresco dining. The fenced in rear backyard is peaceful and great for relaxing or entertaining. There is an alley access in the back so if you wanted to build a parking pad, you could easily do that. NO HOA. It's two blocks away from Hechinger Mall, which is going to be redeveloped as a a mixed use building, which would most likely raise the value of this house as well. The entire neighborhood is going through transformation. Additionally, it is walking distance to all the restaurants and retail of H st Corridor and Union Market as well.

Details

Property type

Townhouse

Est. home value

$608,064

Lot size

1,495 sq ft

Price per sq ft

$463

Year built

1950

Annual property taxes

$5,828

HOA

No

Price History

04/08/2024

Bright #DCDC2106908

Listed
$579,900
+34.86%
03/06/2015

Bright #1003194388

Sold
$430,000
+48.28%
07/22/2014

Bright #1002970356

Sold
$290,000

Schools & Community

Neighborhood: 

Trinidad

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

$165,091
Asking price
$579,900
Closing costs (~8% of asking)
-$46,392
Est. remaining loan balance
-$368,417
Cash to seller
$165,091

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

Seller’s Loan History

Lender

Meadowbrook Financial Mortgage Bankers C

Loan start date

July 2020

Original loan amount

$402,000

Est. remaining balance

$368,417

Interest rate

3.15%

Loan type

New Conventional, 30 year

Seller

Alice Shrestha

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 1:00 AM

Listing updated: 05/30/2024 at 9:13 AM

Listed by: Paras Dhoj Karki, Compass Phone #: (703) 310-6111

MLS: Bright #DCDC2106908

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