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$478,000

Beds
2
Baths
1.5
sq ft
1,184

1235 16th St NE, Washington, DC 20002

1235 16th St NE

WASHINGTON, DC 20002

  • 138 days on market
2 bedroom 1.5 baths brick row with two level addition rear, hardwood floors, central air, BEING SO AS IS, TENANT OCCUPIED

Details

Property type

Townhouse

Est. home value

$497,676

Lot size

1,600 sq ft

Price per sq ft

$404

Year built

1951

Annual property taxes

$3,760

HOA

No

Price History

08/07/2024
Bright

Bright #DCDC2153976

Listed
$478,000

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

$69,202
Asking price
$478,000
Closing costs (~8% of asking)
-$38,240
Est. remaining loan balance
-$370,558
Cash to seller
$69,202

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

April 2023

Original loan amount

$378,000

Est. remaining balance

$370,558

Interest rate

6.32%

Loan type

New Conventional, 30 year

Seller

Christopher Bourn

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 12:50 AM

Listing updated: 11/26/2024 at 6:29 PM

Listed by: Ivan K Brown, Ivan Brown Realty, Inc. Phone #: (202) 399-9000

MLS: Bright #DCDC2153976

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