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$720,000

Beds
2
Baths
2.0
sq ft
1,081

2020 12th St NW Unit 113, Washington, DC 20009

2020 12th St NW Unit 113

WASHINGTON, DC 20009

  • 36 days on market
MOVE-IN READY 2-BED, 2-BATH home on the 2nd Floor offers Garage Parking, a spacious OPEN FLOOR PLAN and PRIVATE BALCONY. The 1,081 SQ FT home offers Floor-to-Ceiling Windows showcasing amazing Natural Light. The lavish condo features a well-appointed kitchen with SHAKER CABINETS, STONE COUNTERS and STAINLESS STEEL APPLIANCES including a MICROWAVE, DISHWASHER, NEW 5-BURNER GAS RANGE and NEW REFRIGERATOR. The elegant HARDWOOD FLOORS, GAS FIREPLACE and optional TEXTURED LIVING AREA WALLS adds sophistication and warmth to this designer home. The large Primary Bedroom boasting a Walk-in Closet and Ensuite Bath with a JETTED SOAKING TUB and SEPARATE TILE SHOWER is like having a soothing spa at home. The versatile Second Bedroom is perfectly suited for a guest room, office or multiuse room. The ensuite features a dual entry full bath with a Glass-Enclosed Shower and a laundry closet with Washer/Dryer. As an added bonus, the condo features wide doorways and may be adapted for ADA ACCESSIBILITY. The home conveys with a PARKING SPACE located on the main Garage Level. 2020 Lofts is PET FRIENDLY and offers 24-HOUR CONCIERGE service, on-site property management, FITNESS CENTER, BUSINESS CENTER, PARTY ROOM and ROOF TOP DECK with Cooking Grills, Private Gathering Spaces and Skyline Views. The historic neighborhood is a dynamic mix of restaurants, shopping and entertainment. Conveniently located about a block from the METRO STATION, the home is perfect for those who commute throughout the metro area or those who simply want to explore the sights and sounds of Northwest DC. The 2020 Lofts Condominium offers Luxury Living with the perfect balance of tranquility and convenience. Whether you are looking for a quiet retreat or an ideal location for work or entertainment, this community offers the best. The Seller aims to please. Call to schedule a tour of your new home! Your Best Offer is Welcomed.

Details

Property type

Condominium

Est. home value

$816,930

Lot size

Unknown

Price per sq ft

$667

Year built

2005

Annual property taxes

$5,302

HOA

No

Price History

11/17/2024
Bright

Bright #DCDC2169098

Listed
$720,000
-2.7%
09/16/2024
Bright

Bright #DCDC2157578

Removed
$740,000
09/12/2024
Bright

Bright #DCDC2157578

Listed
$740,000
-1.2%

Schools & Community

Neighborhood: 

U Street Corridor

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks, Street Lights

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

$132,596
Asking price
$720,000
Closing costs (~8% of asking)
-$57,600
Est. remaining loan balance
-$529,804
Cash to seller
$132,596

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

Seller’s Loan History

Lender

Embrace Home Loans Inc

Loan start date

October 2019

Original loan amount

$592,000

Est. remaining balance

$529,804

Interest rate

3.49%

Loan type

New Conventional, 30 year

Seller

Olaf Erik Kula and Laura Jane Mcgough

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: 12/22/2024 at 9:30 PM

Listing updated: 12/15/2024 at 12:24 PM

Listed by: Zandra Ava Jamison, Samson Properties Phone #: (301) 760-2136

MLS: Bright #DCDC2169098

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