tomo logo

$1,900,000

Beds
8
Baths
7.0
sq ft
4,408

1118 F St NE, Washington, DC 20002

1118 F St NE

WASHINGTON, DC 20002

  • 60 days on market
Welcome to the Roosevelt - This recently renovated semi-detached grand townhouse offers an array of possibilities for the astute investor or homeowner. Configured as a 2 unit townhouse, which consists of a 6BD & 5BA primary unit (with options to add another unit) featuring over 2,200 sq. ft. of living area as well as a large 2BD/2BA rental unit and an oversized PARKING space. Step into the main unit with a sun-soaked living and dining areas are adorned with soaring ceilings, a working fireplace, and charming exposed brick accents, creating an ambiance of timeless sophistication. Next up is the large chefs kitchen, with great counter & storage space you can cook for any size party. A large first floor bedroom and full bathroom complete the first floor. One the 2nd floor you have three additional bedrooms & 2 full bathrooms on the upper level. Mere blocks from the pulse of H Street, Union Station, Union Market, Stanton Park, Lincoln Park and Eastern Market, convenience, culture and public transportation are always at your fingertips. Don’t miss this fantastic 1031 opportunity or live in the large owners unit and bring in the cash flow with rental units & parking! Also listed under MLS # DCDC2138498

Details

Property type

Est. home value

$1,397,648

Lot size

1,817 sq ft

Price per sq ft

$432

Year built

1898

Annual property taxes

$10,916

HOA

No

Price History

09/24/2024
Bright

Bright #DCDC2161118

Listed
$1,900,000
-13.6%
05/25/2024
BrightMLS

BrightMLS #DCDC2137490

Removed
$2,199,000
05/17/2024
BrightMLS

BrightMLS #DCDC2137490

Price change
$2,199,000
-8.34%

Schools & Community

Neighborhood: 

Near Northeast

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

$650,371
Asking price
$1,900,000
Closing costs (~8% of asking)
-$152,000
Est. remaining loan balance
-$1,097,629
Cash to seller
$650,371

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

Seller’s Loan History

Lender

Emporium Tpo Llc

Loan start date

July 2023

Original loan amount

$1,104,750

Est. remaining balance

$1,097,629

Interest rate

6.71%

Loan type

New Conventional, 40 year

Seller

Daniel L Bready

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: 11/23/2024 at 4:15 AM

Listing updated: 11/15/2024 at 10:54 AM

Listed by: Michael J Schaeffer, Coldwell Banker Realty - Washington Phone #: (202) 547-3525

MLS: Bright #DCDC2161118

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