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$579,999

Beds
2
Baths
2.5
sq ft
1,184

1259 16th St NE, Washington, DC 20002

1259 16th St NE

WASHINGTON, DC 20002

  • 80 days on market
    • Price drop $10,000↓
Introducing an upcoming gem in beautiful NE DC. Enter past the front garden lovingly maintained by a certified green thumb who adores the beautiful azaleas, cone flowers, and honeysuckle looking to bloom soon this spring and sure to impress guests when they arrive into a generous open floor plan with wood flooring and recessed lighting throughout. The kitchen is a chef's delight, featuring an abundance of premium cabinetry with deluxe upgrades and a rare viking burner/oven combination. New upgraded lighting is nestled above the large island, with built in features, making it perfect for entertaining guests. A bonus storage closet, powder room, and breakfast nook just off the dining area are added conveniences any owner will enjoy. As you exit to the large rear parking pad, big enough for 2 vehicles or the perfect area to host evening bbqs with friends and neighbors, easily open the wifi enabled and app controlled roll up garage at the rear for additional ease and comfort. Up stairs the substantial master bedroom awaits complete with multiple closets featuring ELFA storage systems and a beautiful ensuite drenched in natural light from the overhead skylight. Convenient laundry and a recently updated full bathroom separate you from the next bedroom featuring a full wall sized closet again featuring custom ELFA systems. From there enjoy the convenience of a private rear deck choosing to enjoy a sun filled morning cup of coffee or evening glass of wine to end your day. Don't miss out on the chance to make this charming and delightful property your new residence or investment opportunity.

Details

Property type

Townhouse

Est. home value

$625,757

Lot size

1,200 sq ft

Price per sq ft

$490

Year built

1952

Annual property taxes

$4,926

HOA

No

Price History

04/17/2024

Bright #DCDC2137336

Listed
$579,999
-3.33%
04/16/2024
BrightMLS

BrightMLS #DCDC2126076

Removed
$599,999
03/28/2024
BrightMLS

BrightMLS #DCDC2126076

Price change
$599,999
-1.64%

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

$149,324
Asking price
$579,999
Closing costs (~8% of asking)
-$46,400
Est. remaining loan balance
-$384,275
Cash to seller
$149,324

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

Seller’s Loan History

Lender

First Home Mortgage Corporation

Loan start date

October 2021

Original loan amount

$408,056

Est. remaining balance

$384,275

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Juanita Louise Vazquez Blanning and William Alexander Banning

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: 07/06/2024 at 12:45 AM

Listing updated: 06/26/2024 at 12:03 PM

Listed by: Joshua Alecknavage, RLAH @properties Phone #: (202) 518-8781

MLS: Bright #DCDC2137336

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