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$1,100,000

Beds
6
Baths
5.5
sq ft
Unknown

1261 Kearny St NE, Washington, DC 20017

1261 Kearny St NE

WASHINGTON, DC 20017

  • 290 days on market
    • Price drop $149,000↓
MASSIVE PRICE IMPROVEMENT-MOTIVATED SELLERS! Calling all developers and creative owner occupants-this is the home run you’ve been waiting for. More than an amazing home for sale-this is an invitation to craft the lifestyle you've envisioned without starting from scratch. The final stages are in your hands –estimated 3-4 mos to completion. Various builder partners available to qualified buyers. Expansive dream home ready for your finishing touch (approximately 60% done). 6,150 SF masterpiece under construction on a 7,500 SF lot in the heart of Brookland. Elegance in the making with high-end finishes- exquisite bathrooms to top-tier kitchen appliances all designed and awaiting execution, creating a space of serenity, comfort and sophistication. Spanning 4 living floors with hardwoods throughout, this residence will radiate style with a roomy feel. Offering 6 bedrooms plus 2 dens, 5.5 bathrooms, a massive primary suite with stunning treetop views, and a basement crafted for versatile casual living. Ascend to the generous roof deck complete with panoramic views perfect for entertaining. The convenience of secure, off-street parking with an electric charging option adds a modern and mindful touch. What's more, a significant portion of already purchased finish materials will convey, including but not limited to doors, windows, tubs, light fixtures, appliances and more. Your canvas awaits – schedule your private tour today and be the visionary behind completion of this masterpiece. The opportunity to shape the elevated lifestyle you deserve is a rare find. Various banks and contractors ready to provide attractive construction financing terms and completion packages. All visitors must sign waiver of liability in advance or onsite. Potential for lot subdivision.

Details

Property type

Single Family Residence

Est. home value

$897,507

Property condition

Fixer
New Construction

Lot size

7,500 sq ft

Price per sq ft

Unknown

Year built

2024

Annual property taxes

$21,402

HOA

No

Price History

10/31/2024
Bright

Bright #DCDC2131686

Price change
$1,100,000
-11.93%
08/13/2024
Bright

Bright #DCDC2131686

Price change
$1,249,000
-3.85%
06/12/2024
Bright

Bright #DCDC2131686

Price change
$1,299,000
-1.96%

Schools & Community

Neighborhood: 

Brookland

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

Caliber Home Loans Inc

Loan start date

June 2022

Original loan amount

$955,000

Est. remaining balance

Not provided

Interest rate

5.75%

Loan type

Adjustable Rate Mortgage, 30 year

Seller

John W Fraser Iii and Tsahai M Fraser

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 12:40 AM

Listing updated: 12/11/2024 at 3:59 PM

Listed by: Amy M Levin, Long & Foster Real Estate, Inc. Phone #: (202) 966-1400

MLS: Bright #DCDC2131686

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