tomo logo

$525,000

Beds
4
Baths
2.5
sq ft
1,724

212 49th St NE, Washington, DC 20019

212 49th St NE

WASHINGTON, DC 20019

  • 30 days on market
Welcome to the largest End-Unit Row House in the Area! This beautifully remodeled three-level home boasts a light-filled sunroom and is situated on a well-kept street. It’s an ideal choice for discerning buyers seeking a spacious, modern, and meticulously crafted residence. The main floor features elegant wood flooring in the living and dining areas. A modern chef’s kitchen awaits, complete with stainless steel appliances and a functional kitchen island. The lower level offers rental potential, making it a versatile space. It includes one bedroom and one full bathroom with access to the rear patio through its own private rear entrance. The 2nd floor is designed with a growing family in mind, it features 3 bedrooms and 1 bath. This gem of a home combines luxury, functionality, and location. Don’t delay—homes like this rarely stay on the market for long. Seller will consider an interest rate buydown for the qualified buyer, also the Bank of America Grant program offers a grant of 3% towards downpayment to a maximum of $10,000 and up to $7,500 in closing costs.

Details

Property type

Duplex

Est. home value

$514,056

Lot size

3,021 sq ft

Price per sq ft

$305

Year built

1947

Annual property taxes

$9,860

HOA

No

Price History

06/06/2024

Bright #DCDC2145258

Listed
$525,000
-1.87%
05/31/2024
BrightMLS

BrightMLS #DCDC2134174

Removed
$535,000
05/10/2024
BrightMLS

BrightMLS #DCDC2134174

Price change
$535,000
+1.33%

Schools & Community

Neighborhood: 

Benning Heights

Elementary school: 

SMOTHERS

Middle school: 

KELLY MILLER

High school: 

H.D. WOODSON

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

$286,840
Asking price
$525,000
Closing costs (~8% of asking)
-$42,000
Est. remaining loan balance
-$196,160
Cash to seller
$286,840

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

Seller’s Loan History

Lender

Virginia Heritage Bank

Loan start date

February 2013

Original loan amount

$267,644

Est. remaining balance

$196,160

Interest rate

3.34%

Loan type

FHA, 30 year

Seller

Sylvester I Mode

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 11:30 PM

Listing updated: 06/15/2024 at 6:36 AM

Listed by: Olugboyega F Odubanjo, Bethel Realty Phone #: (301) 937-7500

MLS: Bright #DCDC2145258

Bright logo