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$299,000

Beds
1
Baths
1.0
sq ft
742

1435 4th St SW Unit B709, Washington, DC 20024

1435 4th St SW Unit B709

WASHINGTON, DC 20024

  • 148 days on market
    • Price drop $21,000↓
REDUCED & SELLER CREDIT. The Seller is offering a $5,000 credit on a full price offer in addition to $1,000 credit to glaze the bathroom tile to the color of your choice. What a deal! Stop paying Rent. Submit your best offer. Therefore, welcome to beautiful Riverside Condominium on the water, and enjoy your pool with a view of the Washington Channel. It is one of Washington’s best kept secrets in DC. Conveniently located next door to Ft. McNair, two blocks from the bustling District Wharf, three blocks to the Waterfront Metro, a short distance to Audi Field, Nationals Park, and the Navy Yard. This location is close to Capitol Hill, airport, museums, water taxi, dinner cruise boats, and water activities. Come see! You will love the neighborhood and the building. Move into the community while it is still affordable. Living in this building is like living in a hotel. The Concierge will accept all packages for you. No waiting for packages, and you do not have to worry about porch pirates. The building also has a fitness center, and a bike room for you to store your bicycle. It’s a great lifestyle for those who would like to be part of the community. Community membership is also available at the Capital Yacht Club. Sorry, no pets.

Details

Property type

Condominium

Est. home value

$341,680

Lot size

Unknown

Price per sq ft

$403

Year built

1965

Annual property taxes

$2,947

HOA

No

Price History

07/19/2024
Bright

Bright #DCDC2130564

Price change
$299,000
-6.56%
03/01/2024
Bright

Bright #DCDC2130564

Listed
$320,000

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

$168,383
Asking price
$299,000
Closing costs (~8% of asking)
-$23,920
Est. remaining loan balance
-$106,697
Cash to seller
$168,383

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

Seller’s Loan History

Lender

Suntrust Mortgage Inc

Loan start date

June 2009

Original loan amount

$159,000

Est. remaining balance

$106,697

Interest rate

4.84%

Loan type

New Conventional, 30 year

Seller

Johnny M Mcclellan and Kimoanh T Mcclellan

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: 07/27/2024 at 1:50 AM

Listing updated: 07/24/2024 at 3:04 AM

Listed by: Thejuanie R Brown, Realty Pros Phone #: (202) 537-3800

MLS: Bright #DCDC2130564

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