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$875,000

Beds
2
Baths
2.5
sq ft
1,112

2016 4th St NE Unit 2, Washington, DC 20002

2016 4th St NE Unit 2

WASHINGTON, DC 20002

  • 40 days on market
    • Price drop $15,000↓
Seller offers Buy Down Points and/or up to $10,000 for closing cost assistance. Additionally, Citi offers up to $7,500 towards closing costs should the Buyer qualify for their Home Run Program!. Step into the epitome of modern urban living with this lovely 2 Bedroom, 2.5 Bath duplex condo, a charming gem nestled in a vibrant neighborhood. This upper unit offers a delightful blend of comfort and convenience, perfect for those seeking the quintessential city lifestyle. As you enter, you'll be greeted by an inviting open floor plan, seamlessly connecting the living, dining, and kitchen areas. Natural light floods the space, highlighting the contemporary design and stylish finishes, creating an ambiance of warmth and sophistication. Experience the joy of outdoor living with your own private deck and garden, providing a tranquil oasis for relaxation or delightful al fresco dining. Plus, rest easy knowing that parking is included, ensuring effortless access to your urban haven. This home is truly a treasure, boasting thoughtful design and being only 5 years young, it caters perfectly to modern lifestyles. With its prime location, you're just moments away from the metro, Union Market, supermarkets, restaurants, parks, bike paths, and a plethora of other amenities!

Details

Property type

Townhouse

Est. home value

$686,834

Property condition

New Construction

Lot size

Unknown

Price per sq ft

$787

Year built

1915

Annual property taxes

$3,950

HOA

No

Price History

06/20/2024

Bright #DCDC2143574

Price change
$875,000
-1.69%
05/27/2024

Bright #DCDC2143574

Listed
$890,000
+9.2%
12/13/2019

Bright #DCDC453146

Sold
$815,000

Schools & Community

Neighborhood: 

Eckington

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

$261,648
Asking price
$875,000
Closing costs (~8% of asking)
-$70,000
Est. remaining loan balance
-$543,352
Cash to seller
$261,648

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

December 2021

Original loan amount

$598,000

Est. remaining balance

$543,352

Interest rate

3.05%

Loan type

New Conventional, 21 year

Seller

Mojgan Rahmani

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 10:20 PM

Listing updated: 07/01/2024 at 5:34 PM

Listed by: Ashk Adamiyatt, RLAH @properties Phone #: (301) 652-0643

MLS: Bright #DCDC2143574

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