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$1,999,000

Beds
6
Baths
4.0
sq ft
5,887

1735 Fraser Ct NW, Washington, DC 20009

1735 Fraser Ct NW

WASHINGTON, DC 20009

  • 120 days on market
    • Price drop $451,000↓
DRASTICALLY REDUCED! After your first glimpse of the historical Fraser Mansion carriage house, you will understand the unique opportunity it presents for the discerning owner or investor who wants the best parts of both living in a storied historical property and the benefits of designing a new home to your own tastes and specifications. Built in 1892, this London-style carriage house is set in one of the most sought-after locations in the city – Dupont Circle. The home boasts a distinguished and distinctive provenance, beginning as part of the original Fraser Mansion and more recently having been occupied by Oprah Winfrey’s interior designer, Anthony Browne. Today, an investment group will have the unique opportunity to reimagine this historical hidden gem as a single-family home of over 6,000 square feet with the option to include units that generate income as rentals. Alternatively, the space could accommodate five (or more) distinct units for a developer searching for an exclusive location to create a boutique condominium project. Already completed for the new owner is: the necessary demolition work, underpinning, plans, engineering reports, permits, FAR variance, and zoning approval. Also included in this offer is a complete set of fully-approved architectural plans by renowned DC architect Jerry Harpole. Interior parking stalls have been reserved on the first level of the home should the new owners choose, and an elevator shaft has been thoughtfully placed servicing all levels of the building. The current roof deck, which previously served as a secret garden/entertainment area, can be expanded with an already approved addition.

Details

Property type

Single Family Residence

Est. home value

$2,956,098

Lot size

2,444 sq ft

Price per sq ft

$340

Year built

1890

Annual property taxes

$133,946

HOA

No

Price History

10/28/2024
Bright

Bright #DCDC2156242

Price change
$1,999,000
-18.41%
08/26/2024
Bright

Bright #DCDC2156242

Listed
$2,450,000
-5.77%
08/07/2024
Bright

Bright #DCDC2132674

Removed
$2,600,000

Schools & Community

Neighborhood: 

Dupont Circle

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

Wells Fargo Bank Na

Loan start date

November 2014

Original loan amount

$1,384,800

Est. remaining balance

Not provided

Interest rate

4.12%

Loan type

New Conventional

Seller

David G Helfrich

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: 12/23/2024 at 8:40 PM

Listing updated: 12/06/2024 at 4:29 AM

Listed by: Mary E Saltzman, Compass Phone #: (301) 298-1001

MLS: Bright #DCDC2156242

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