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$575,000

Beds
2
Baths
2.0
sq ft
1,052

1111 Orren St NE Unit 300, Washington, DC 20002

1111 Orren St NE Unit 300

WASHINGTON, DC 20002

  • 104 days on market
Now's the time! What a great Holiday end of Year Gift: Seller is Offering a 10,000 Credit to help with closing costs and buy down of interest rate for a ratified contract by December 31, 2024. A Hidden Treasure, this 2 BR, 2 BA Luxury Corner Unit in the Corey Condominium is one of the only Amenity Rich Condo Buildings within 5 minutes of the Vibrant Union Market. Which is one of the fastest growing Hot Spots in DC! It’s proximity to Union Market, H Street, Capitol Hill and Eastern Market, while having a Zen feel make this a rare and unbeatable place to live! An up and coming location, in the Historic Neighborhood of Trinidad with it’s tree lined, renovated and restored Wardman Townhomes and upscale new builds, Sunday Famers market with live events, dedicated newly re-done bike lane at door, direct to Union Station, Eastern Market and Cap Hill. You have to see it to appreciate the space. This is a unique unit in the building, no other unit has a layout like this one! Featuring over 1000 sq feet, with 12 foot ceilings, open floor plan which make it great for entertaining, Gourmet Kitchen w/ oversized island area for dining, stainless steel energy saving appliances, pantry, deep sink, quartz counter tops, soft close kitchen drawers, separate space for dining area, lots of closet storage, and dining area cabinetry, extra-large laundry room w/large stacked washer/dryer and storage area. Including all new flooring, bedrooms on opposite sides of the living area for extra privacy , (great if you have a roommate or want to use it for an office and need quiet), plus a Juliet balcony, parking that can be purchased for $25,000 which is in demand in the area, with just a few blocks from all the shops and restaurants, transportation on the H Street Corridor. Not to mention the Community Feel & Quaintness of the Boutique Bldg. THE BUILDING AMENITIES INCLUDE: Stunning Roof Deck and Green Roof, with outdoor grilling & sitting /dining area w/panoramic views of the city, Resident Lounge w/ TV, floor to ceiling windows, full kitchen and dining area, glass-enclosed Yoga/Fitness and Weight Room, that overlooks the city, Bike Storage Room, Elevator, package storage area, & secure lobby. With multiple public transit options, the Trolley Car on H Street and minutes to Union Station, getting around the city is so convenient. Pet Friendly & FHA, VA Approved. Union Market Effect: A Destination! With over 3.5 Million People visiting Annually. Featuring an Upscale Food Market with over 40 Venders/Artisans & Boutiques displaying their food and products. On Sundays the Largest Farmers Market in the region. Venders Include: District Fishwife, Yasmine, Bar Boheme, Laduree, Palette 22, Puddin, Lucky Buns, Harvey’s Market & newer Pastis, Minetta Tavern & El Presidente by Stephen Starr.

Details

Property type

Condominium

Est. home value

$584,534

Lot size

Unknown

Price per sq ft

$547

Year built

2017

Annual property taxes

$4,177

HOA

No

Price History

09/13/2024
Bright

Bright #DCDC2158546

Listed
$575,000
-6.5%
12/21/2016
Bright

Bright #1001378887

Sold
$615,000

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

$34,790
Asking price
$575,000
Closing costs (~8% of asking)
-$46,000
Est. remaining loan balance
-$494,210
Cash to seller
$34,790

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

Seller’s Loan History

Lender

Presidential Bank Fsb

Loan start date

August 2019

Original loan amount

$552,000

Est. remaining balance

$494,210

Interest rate

3.75%

Loan type

New Conventional, 30 year

Seller

Jason S Cooper and Rachel H Arnold

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: 12/23/2024 at 1:30 AM

Listing updated: 12/17/2024 at 12:39 PM

Listed by: Deborah A Fox, RLAH @properties Phone #: (202) 518-8781

MLS: Bright #DCDC2158546

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