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$789,000

Beds
4
Baths
3.0
sq ft
1,917

1316 31st Pl SE, Washington, DC 20020

1316 31st Pl SE

WASHINGTON, DC 20020

  • 112 days on market
    • Price drop $6,000↓
Welcome to luxury living at its finest! Presenting an exquisite two-level single-family home situated on a coveted corner lot. Boasting an impressive 2000 square feet of meticulously designed living space spread across both levels, this home offers unparalleled comfort and style. Recent remodeling has seamlessly blended modernity with distinctive design elements throughout the spacious layout, featuring 4 bedrooms and 3 full bathrooms. Each level boasts private in-suites, ensuring added comfort and privacy. Revel in direct views of the Washington Monument and the US Capitol from your living room, further enhancing the allure of this remarkable property. Step outside onto the private patio, offering a serene outdoor retreat, perfect for relaxing or entertaining guests. Explore the potential of the lower-level ensuite, offering versatility that extends to potential rental income opportunities. Additionally, take advantage of the installed solar panels—a savvy investment poised to reduce energy bills and enhance sustainability. This home boasts convenient on-site parking as well as street and private parking options, ensuring ease of access for residents and visitors alike. The neighborhood boasts a vibrant community with easy access to a variety of amenities, dining, and entertainment options, all within a short distance. **Solar Panels Paid Off!**

Details

Property type

Single Family Residence

Est. home value

$437,628

Lot size

5,013 sq ft

Price per sq ft

$412

Year built

1963

Annual property taxes

$1,304

HOA

No

Price History

06/18/2024

Bright #DCDC2132746

Price change
$789,000
-0.75%
06/18/2024

Bright #DCDC2132746

Price change
$795,000
-0.5%
04/10/2024

Bright #DCDC2132746

Listed
$799,000
+90.24%

Schools & Community

Neighborhood: 

Twining

Elementary school: 

RANDLE HIGHLANDS

Middle school: 

SOUSA

High school: 

ANACOSTIA SENIOR

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

$564,117
Asking price
$789,000
Closing costs (~8% of asking)
-$63,120
Est. remaining loan balance
-$161,763
Cash to seller
$564,117

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

Seller’s Loan History

Lender

Loancity

Loan start date

September 2005

Original loan amount

$279,000

Est. remaining balance

$161,763

Interest rate

5.77%

Loan type

New Conventional, 30 year

Seller

Irene W Mcnair

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: 07/05/2024 at 11:15 PM

Listing updated: 06/18/2024 at 12:23 PM

Listed by: Jinous Yazdani, Compass Phone #: (202) 386-6330

MLS: Bright #DCDC2132746

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