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$449,000

Beds
2
Baths
2.0
sq ft
864

1425 4th St SW Unit A704, Washington, DC 20024

1425 4th St SW Unit A704

WASHINGTON, DC 20024

  • 94 days on market
    • Price drop $50,000↓
MAGNIFICENT CITY AND WATERFRONT PROPERTY views from every room. Watch the fireworks from your own private balcony, to the north see Nats Park fireworks display and to the south see the Wharf fireworks display. Newly renovated spacious floor plan features oversized windows and a private balcony off the living room. The updated kitchen has a breakfast bar, ample cabinetry, pantry, stainless steel appliances, and abundant counter space. The primary bedroom is roomy and includes an updated ensuite bath. There is a second bedroom and bath perfect for guests or as an office. Beautiful natural light in every room. All utilities and basic Cable included. Spotless community laundry room, 24- hour concierge, Exercise room, and pool renovated this year with waterfront view. Convenient indoor garage parking included too. Centrally located to the Capitol, Navy Yard, and abutting Ft McNair. Your green line WaterFront Metro, a mere 3/10 the mile up 4th St. Audi Field, and the Navy Yard, easy access to major highways, and just 15 minutes from National Airport and the new Amazon HQ2 headquarters, Arena Stage, dry cleaners, grocery store, car rental, all within blocks from your front door. Enjoy quiet evening strolls to the Wharf offering music, theatre, Casual or Elegant dining. Take the fun Yellow water taxi to Old Town and back.

Details

Property type

Condominium

Est. home value

$502,641

Lot size

Unknown

Price per sq ft

$520

Year built

1965

Annual property taxes

$1,240

Monthly HOA fee

$1,284

Price History

06/26/2024

Bright #DCDC2135304

Price change
$449,000
-10.02%
06/17/2024

Bright #DCDC2135304

Removed
$499,000
04/03/2024

Bright #DCDC2135304

Listed
$499,000
-5.31%

Schools & Community

Neighborhood: 

Southwest Waterfront

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

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

$373,584
Asking price
$449,000
Closing costs (~8% of asking)
-$35,920
Est. remaining loan balance
-$39,496
Cash to seller
$373,584

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

February 2013

Original loan amount

$140,000

Est. remaining balance

$39,496

Interest rate

2.64%

Loan type

New Conventional, 15 year

Seller

Argelia Velez Rodriguez

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 10:50 PM

Listing updated: 06/28/2024 at 5:35 PM

Listed by: Gina Pruitt, Coldwell Banker Realty - Washington Phone #: (202) 547-3525

MLS: Bright #DCDC2135304

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