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$99,000

Beds
1
Baths
1.0
sq ft
632

212 Oakwood St SE Unit 322, Washington, DC 20032

212 Oakwood St SE Unit 322

WASHINGTON, DC 20032

  • 25 days on market
List price is Opening Bid at the Online auction to be conducted on Auctioneers website. - Auction ends Tuesday, June 25, 2024 at 12:00PM. Updated Tenant Occupied Condo in "Savoy Courts" of Congress Heights in SE DC improved by 1 bedroom and 1 full bathroom. The unit has wood type floors throughout, updated kitchen with shaker cabinets, SS appliances, washer & dryer in unit. There is an assigned 1-car garage on the main level. The condo building features a rooftop deck, fitness room and laundry room. Current gross monthly rent: $1,674. Tenant pays electric. Current gross annual scheduled rent: $20,088.

Details

Property type

Condominium

Est. home value

$211,106

Lot size

Unknown

Price per sq ft

$157

Year built

1947

Annual property taxes

$969

HOA

No

Price History

06/11/2024

Bright #DCDC2145956

Listed
$99,000
-49.23%
10/28/2016

Bright #1001374937

Sold
$195,000

Schools & Community

Neighborhood: 

Congress Heights

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

-$76,194
Asking price
$99,000
Closing costs (~8% of asking)
-$7,920
Est. remaining loan balance
-$167,274
Cash to seller
-$76,194

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

Seller’s Loan History

Lender

Homespire Mortgage Corporation

Loan start date

May 2021

Original loan amount

$179,000

Est. remaining balance

$167,274

Interest rate

3.09%

Loan type

New Conventional, 30 year

Seller

Mindy-Jo Barksdale

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 11:35 PM

Listing updated: 06/19/2024 at 11:54 AM

Listed by: Carley R. Cooper, Alex Cooper Auctioneers, Inc. Phone #: (410) 828-4838

MLS: Bright #DCDC2145956

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