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$2,750,000

Beds
4
Baths
4.0
sq ft
3,426

1405 12th St NW Unit 1, Washington, DC 20005

1405 12th St NW Unit 1

WASHINGTON, DC 20005

  • Coming soon
Welcome to the Louise Hand Laundry, a true and rare DC loft consisting of two 2-bedroom 2, 2-bath condos in sought-after Logan Circle. “The Laundry” is steeped in DC lore and connects to US history, including the likes of George Washington, John Quincy Adams, and John F Kennedy. A cultural touchstone since the 1970s when DC creatives Sanford Shapiro and Robert Lewis converted the Laundry to lofts, through to the current owners Anna and Dan Kahoe of Goodwood fame. This is a once-in-a-lifetime opportunity for the next owner to create their own story in this DC landmark. Units 1 and 2 combined offer a total of 4 bedrooms and 4 bathrooms, spanning an impressive 3,426 square feet. The loft-style duplex boasts a seamless blend of historic charm and modern amenities, including primary ensuites, marble bathrooms, wood-burning fireplaces, and a chef's kitchen with a breakfast bar. The property features high ceilings, exposed brick, and hardwood floors, exuding timeless sophistication. The Louise Hand Laundry, with its fascinating history, offers assigned parking and an attached garage for each unit. Architectural enthusiasts will appreciate the building's concrete floors and skylights, which add to its unique character. Originally converted into two units in 1980 by architect Robert Lewis and artist Sanford Shapiro, this property has been meticulously maintained and updated by the current owners, Anna & Dan Kahoe. Their stewardship has preserved the building's legacy, making it a sought-after gem. This property presents a once-in-a-lifetime opportunity to own a piece of Washington, D.C.'s history while indulging in luxurious urban living. These units offer a rare chance to embrace a unique and storied lifestyle, whether purchased separately or together. Don't miss the chance to become the next steward of this extraordinary property. ***Unit 1 has over 1,900 square feet, 2 car garage parking, outdoor entertaining space, soaring ceilings, a wood-burning fireplace, and a primary bedroom with a room-sized closet and ensuite bath. Two other flex spaces offer options as an additional bedroom, a den, or a work-from-home space, and an additional full bath.*** ***Unit 2 Over 1,500 square feet A spacious glam unit has 2 beds/2 baths and a loft, a wood-burning fireplace, exposed brick, glass block, and vaulted ceiling with dramatic skylights, tons of natural light, and new kitchen appliances. A balcony gives you a bird’s eye view of the block. There is a parking space that fits two midsized cars in tandem.

Details

Property type

Condominium

Est. home value

$1,185,232

Lot size

Unknown

Price per sq ft

$803

Year built

1910

Annual property taxes

$9,274

HOA

No

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

$2,260,859
Asking price
$2,750,000
Closing costs (~8% of asking)
-$220,000
Est. remaining loan balance
-$269,141
Cash to seller
$2,260,859

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

Seller’s Loan History

Lender

Atlantic Coast Mortgage Llc

Loan start date

October 2020

Original loan amount

$293,000

Est. remaining balance

$269,141

Interest rate

2.86%

Loan type

New Conventional, 30 year

Seller

Anna Kahoe and Daniel E Kahoe

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: Coming Soon

Tomo last checked: 07/03/2024 at 12:40 PM

Listing updated: 06/30/2024 at 3:44 PM

Listed by: Matthew M McHugh, Compass Phone #: (202) 386-6330

MLS: Bright #DCDC2147336

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