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$375,000

Beds
3
Baths
1.0
sq ft
705

1247 Penn St NE Unit 1, Washington, DC 20002

1247 Penn St NE Unit 1

WASHINGTON, DC 20002

  • 71 days on market
Ask about a first time buyer’s grant (no payback) reducing your cash-to-close to less than $12k! Welcome to 1247 Penn St NE, a fantastic opportunity in the vibrant Trinidad neighborhood. Fully renovated in 2018, this well-maintained condo features three legal bedrooms with the flexibility of use for additional living space, home office/gym, a roommate setup or otherwise. Step inside and you are greeted with an open concept floorplan updated with Brazilian hardwoods, a two toned shaker-style kitchen, and stainless steel appliances. The front bedroom is currently setup as a tv room which could accommodate a sleeper sofa for guests but also meets all bedroom code requirements. Round the corner behind the kitchen and another private bedroom shines with its South-facing exposures. Passing by the renovated bath and in-unit washer dryer, the rear third bedroom is large enough for a daybed + office setup and leads to the rear paver patio. The building owners share access to this space and its large grill while it also provides access to the condo's private storage unit. Located in the desirable neighborhood of Trinidad, this home offers easy access to a variety of amenities and attractions. Enjoy the vibrant energy of nearby H Street restaurants, cafes, and shops or pop over to Union Market just a short distance away. Convenient transportation options including nearby bus lines, the free H St trolley and easy highway access make commuting a breeze.

Details

Property type

Condominium

Est. home value

$348,553

Lot size

Unknown

Price per sq ft

$532

Year built

1930

Annual property taxes

$2,829.26

HOA

Yes

Price History

09/19/2024
Bright

Bright #DCDC2149818

Listed
$375,000
08/15/2024
Bright

Bright #DCDC2149818

Removed
$375,000
07/12/2024
Bright

Bright #DCDC2149818

Listed
$375,000
+13.64%

Schools & Community

Neighborhood: 

Trinidad

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

Nextmark Fcu

Loan start date

January 2020

Original loan amount

$45,000

Est. remaining balance

Not provided

Interest rate

3.15%

Loan type

Stand Alone Second, 10 year

Seller

Joshua L Ogburn and Kelly D Ogburn

Lender

Citizens Bank Na

Loan start date

July 2019

Original loan amount

$282,800

Est. remaining balance

$254,526

Interest rate

3.82%

Loan type

New Conventional, 30 year

Seller

Joshua L Ogburn and Kelly D Ogburn

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: 09/19/2024 at 6:05 PM

Listing updated: 09/19/2024 at 12:06 AM

Listed by: Christopher Junior, Compass Phone #: (202) 386-6330

MLS: Bright #DCDC2149818

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