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$599,900

Beds
2
Baths
2.0
sq ft
850

1434 Chapin St NW Unit 2, Washington, DC 20009

1434 Chapin St NW Unit 2

WASHINGTON, DC 20009

  • 3 days on market
LOOK NO FURTHER! THIS UPDATED CONDO IS TURN-KEY, WELL-MAINTAINED, AND HAS IT ALL! LOW CONDO FEES + A HIDDEN OASIS W/AN EXCELLENT MODERN DESIGN. Located next to Meridian Hill Park, residents will enjoy quick access to one of Washington, DC's finest urban parks, Metro, Doozy Dog Club, restaurants (Rooster & Owl, Tatte, LUCY, Maydan), Fitness (Elevate/Madabolic/Vida), groceries (Streetery and Trader Joe's), retail (Pacer's, Back Country, Canino Pet Boutique), and minutes away from U Street Corridor. Welcome to KOZO, a unique 8-unit boutique Condo building. In Japanese, KOZO means "Structure". Built by local DC developer P.T. Blooms in 2020, this project represents an aura of Japanese minimalism. Residence 2 is a hidden, south-facing, ground unit with an open floor plan, 9' ceilings, and two private outdoor spaces. A common space courtyard is primarily used between units 1 and 2. You are really tucked away towards the back of the building- very private and quiet (0 walls shared with neighbors), offering a serene and peaceful atmosphere and perfect for pet owners! Interior finishes include wide plank European Oak flooring throughout (easy to maintain), chef-caliber kitchens with custom millwork/island, stainless steel Cafe appliances/gas cooking, push/ touch latches, integrated under-cabinet lighting, concealed outlets, and Kuzco Linear Suspension Light fixtures. Bathrooms come with 24 x 24 Porcelanosa Tile, double vanity in primary bath, matte black fixtures, and Mirabelle deep soaking tubs. Closets have been upgraded to ELFA closets via Container Store. Easy access to bike/stroller storage room. Ample street parking.

Details

Property type

Condominium

Est. home value

$576,420

Lot size

Unknown

Price per sq ft

$706

Year built

2020

Annual property taxes

$3,954.84

HOA

No

Price History

11/15/2024
Bright

Bright #DCDC2168356

Listed
$599,900
-7.69%
05/01/2024
BrightMLS

BrightMLS #DCDC2129504

Removed
$649,900
03/08/2024
BrightMLS

BrightMLS #DCDC2129504

Listed
$649,900
+11.09%

Schools & Community

Neighborhood: 

Columbia Heights

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

$41,700
Asking price
$599,900
Closing costs (~8% of asking)
-$47,992
Est. remaining loan balance
-$510,208
Cash to seller
$41,700

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

Seller’s Loan History

Lender

First Savings Mortgage Corporation

Loan start date

August 2021

Original loan amount

$548,250

Est. remaining balance

$510,208

Interest rate

2.9%

Loan type

New Conventional, 30 year

Seller

Abraham Aleksandr Jaussen

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: 11/15/2024 at 5:00 AM

Listing updated: 11/15/2024 at 12:09 AM

Listed by: John M Aquino, McWilliams/Ballard Inc. Phone #: (703) 535-5550

MLS: Bright #DCDC2168356

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