tomo logo

$1,100,000

Beds
3
Baths
2.0
sq ft
1,790

1412 Meridian Pl NW, Washington, DC 20010

1412 Meridian Pl NW

WASHINGTON, DC 20010

  • 16 days on market
    • Price drop $100,000↓
Current owner is exploring their options with the property. Tours require 24-hour notice and the owner's approval. Sold "as-is for $1.2 M. 5-unit plans have been uploaded and they under last round of reviews. You can purchase 1410 and 1412 Meridian Place to construct a 10-unit building. Each building has an ARV of $2.6M respectively. Combining both buildings provides an ARV of $5.2M. The permits and appraisal can be provided via email unpon request.

Details

Property type

Townhouse

Est. home value

$802,885

Lot size

1,271 sq ft

Price per sq ft

$615

Year built

1910

Annual property taxes

$7,800

HOA

No

Price History

07/04/2024

Bright #DCDC2147322

Price change
$1,100,000
-8.33%
06/20/2024

Bright #DCDC2147322

Listed
$1,200,000
+4.35%
02/29/2024
BrightMLS

BrightMLS #DCDC2118884

Removed
$1,150,000

Schools & Community

Neighborhood: 

Columbia Heights

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

COLUMBIA HEIGHTS EDUCATION CAMPUS

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

Wcp Fund I Llc

Loan start date

April 2022

Original loan amount

$800,000

Est. remaining balance

Not provided

Interest rate

2.98%

Loan type

Purchase Money Mortgage

Seller

Meridian Flats Llc

Lender

Wcp Fund I Llc

Loan start date

April 2022

Original loan amount

$100,000

Est. remaining balance

Not provided

Interest rate

2.98%

Loan type

Credit Line (Revolving)

Seller

Meridian Flats Llc

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 11:40 PM

Listing updated: 07/03/2024 at 10:23 PM

Listed by: Robert C Morris III, Keller Williams Capital Properties Phone #: (202) 243-7700

MLS: Bright #DCDC2147322

Bright logo

Recently listed in WASHINGTON

$480,000|4 bd|2.0 ba|House
$379,000|3 bd|1.0 ba|House

Explore top cities in District of Columbia