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$1,175,289Estimated home value

Beds
2
Baths
2.0
sq ft
1,518

1405 12th St NW Unit 2, Washington, DC 20005

1405 12th St NW Unit 2

WASHINGTON, DC 20005

  • Sold On 8/10/2024
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. ***Unit 2: Over 1,500 square feet, this spacious glam unit has two bedrooms, two bathrooms, and a loft. It has a wood-burning fireplace, exposed brick, glass block, and a 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. 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.

Details

Property type

Condominium

Est. home value

$1,175,289

Lot size

Unknown

Price per sq ft

$840

Year built

1910

Annual property taxes

$8,791

HOA

No

Price History

08/09/2024
Bright

Bright #DCDC2149350

Sold
$1,150,000
-9.8%
07/14/2024
Bright

Bright #DCDC2149350

Pending
$1,275,000
07/12/2024
Bright

Bright #DCDC2149350

Listed
$1,275,000

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

$867,246
Asking price
$1,275,000
Closing costs (~8% of asking)
-$102,000
Est. remaining loan balance
-$305,754
Cash to seller
$867,246

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

$335,000

Est. remaining balance

$305,754

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: Off Market

Tomo last checked: 10/06/2024 at 12:55 PM

Listing updated: 09/23/2024 at 11:16 PM

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

MLS: Bright #DCDC2149350

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