tomo logo

$599,000

Beds
5
Baths
3.0
sq ft
1,926

1245 18th St NE Unit 2, Washington, DC 20002

1245 18th St NE Unit 2

WASHINGTON, DC 20002

  • 194 days on market
    • Price drop $50,999↓
PRICE REDUCTION ON INVESTMENT PROPERTY : Tenant Occupied, 5 bedrooms, 3 bathrooms condo in thriving Trinidad. Achieving $4550 in rent. The property consists of the top two floors of a four-level condo townhouse. Hardwood floors on both levels, spacious deck and private parking for two vehicles. Stainless steel appliances and 9Ft+ ceilings. The first level has the kitchen with granite counters that opens to the living/dining area. There are two bedrooms and a bathroom with a shower. At the rear of the property there is a large deck with green views. On the 2nd level there is an expansive primary bedroom with an ensuite bathroom that has a jet-tub and shower and 2 vanities. The primary bedroom has a walk in closet and a 2nd adjoining room which the current tenant uses as a fitness room. There are two other good sized bedrooms on this level and another bathroom. New HVAC installed August 2024. This property is conveniently located close to the restaurants and bars of the H Street Corridor and Union Market. It overlooks the greenery of the National Arboretum Being sold at $50,000 below tax assessed value.

Details

Property type

Condominium

Est. home value

$632,236

Lot size

Unknown

Price per sq ft

$312

Year built

2008

Annual property taxes

$2,764

HOA

No

Price History

07/19/2024
Bright

Bright #DCDC2138480

Price change
$599,000
-7.85%
04/25/2024
Bright

Bright #DCDC2138480

Listed
$649,999
+30%
08/20/2019
Bright

Bright #DCDC434426

Sold
$499,999

Schools & Community

Neighborhood: 

Carver

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Weichert Financial Services

Loan start date

August 2019

Original loan amount

$484,350

Est. remaining balance

Not provided

Interest rate

3.75%

Loan type

New Conventional

Seller

Aws Mohamed-Ali Haidari and Ryan Mark Kohls

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: 11/05/2024 at 4:30 AM

Listing updated: 09/25/2024 at 9:16 AM

Listed by: James R. Wright, Samson Properties Phone #: (202) 938-0228

MLS: Bright #DCDC2138480

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