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$485,000

Beds
1
Baths
1.0
sq ft
634

1331 Vermont Ave NW Unit B, Washington, DC 20005

1331 Vermont Ave NW Unit B

WASHINGTON, DC 20005

  • 64 days on market
    • Price drop $14,000↓
Welcome to this sun-drenched 1-bedroom urban sanctuary. This distinguished condo boasts a robust wood-burning fireplace, an updated gourmet kitchen, and a spacious terrace framed by historic brick walls and privacy fencing, offering a striking backdrop to a meticulously maintained garden. Street parking is hassle-free, and you’ll enjoy the convenience of walking to nearby restaurants, cafes, and markets in Logan Circle. The entire unit has been freshly painted as of September 2024, the Washer and Dryer were replaced in 2022, the HVAC was replaced in 2019, and the building’s roof was completely restored in September 2023.

Details

Property type

Condominium

Est. home value

$510,715

Lot size

Unknown

Price per sq ft

$765

Year built

1908

Annual property taxes

$3,390

HOA

No

Price History

11/08/2024
Bright

Bright #DCDC2160076

Price change
$485,000
-2.81%
10/08/2024
Bright

Bright #DCDC2160076

Price change
$499,000
-4.95%
09/20/2024
Bright

Bright #DCDC2160076

Listed
$525,000
+8.25%

Schools & Community

Neighborhood: 

Logan Circle

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

$48,905
Asking price
$485,000
Closing costs (~8% of asking)
-$38,800
Est. remaining loan balance
-$397,295
Cash to seller
$48,905

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

Seller’s Loan History

Lender

Quicken Loans Llc

Loan start date

June 2021

Original loan amount

$429,200

Est. remaining balance

$397,295

Interest rate

2.97%

Loan type

New Conventional, 30 year

Seller

Timothy Boland

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: 11/22/2024 at 8:55 PM

Listing updated: 11/12/2024 at 3:46 PM

Listed by: John M Boland, NextHome Envision Phone #: (301) 881-6398

MLS: Bright #DCDC2160076

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