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$515,000

Beds
1
Baths
1.0
sq ft
1,014

2500 Q St NW Unit 315, Washington, DC 20007

2500 Q St NW Unit 315

WASHINGTON, DC 20007

  • 3 days on market
    • Open house Nov 16
Georgetown's finest light-filled 1,014sqft 1bed/1bath with sweet end of row Garage parking space! Coming Saturday, 11/16/2024! Storage rental options available, and hooray for Gym access $20.00/month! Professional photography + floor plan + more fab details on the way! Open House Saturday 11AM-1PM! See you soon!

Details

Property type

Condominium

Est. home value

$391,239

Lot size

Unknown

Price per sq ft

$508

Year built

1942

Annual property taxes

$3,245

HOA

No

Price History

11/16/2024
Bright

Bright #DCDC2168620

Listed
$515,000
+24.1%
04/15/2022
Bright

Bright #DCDC2039302

Sold
$415,000

Schools & Community

Neighborhood: 

Georgetown

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

$297,413
Asking price
$515,000
Closing costs (~8% of asking)
-$41,200
Est. remaining loan balance
-$176,387
Cash to seller
$297,413

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

Seller’s Loan History

Lender

1St Mariner Bank

Loan start date

June 2012

Original loan amount

$245,000

Est. remaining balance

$176,387

Interest rate

3.84%

Loan type

New Conventional, 30 year

Seller

Robert L Melvin and Stephanie Melvin

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: 11/16/2024 at 4:45 AM

Listing updated: 11/16/2024 at 12:09 AM

Listed by: Jeannie J. Kim, Coldwell Banker Realty Phone #: (301) 718-0010

MLS: Bright #DCDC2168620

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