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$775,000

Beds
3
Baths
2.5
sq ft
1,513

255 G St SW Unit 111, Washington, DC 20024

255 G St SW Unit 111

WASHINGTON, DC 20024

  • 22 days on market
Welcome to Capitol Park IV - a mid-century enclave of 243 townhome condominiums sited on 30 acres of park-like setting in the SW Waterfront. This townhome is particularly unique, as it is a “Tandem Unit”: it contains 2 separately-metered units, making it a fabulous investment opportunity. The two-story UL Unit (#255A) features 2-bedrooms, 1.5 bathrooms, and an open-plan living-dining with vaulted ceilings, skylights, floor-to-ceiling windows and a large terrace with a view of the Capitol. The LL Unit (#255) features a studio-style living space, kitchen, bathroom, and private patio accessed by brand new custom floor-to-ceiling glass doors. Each unit has its own W/D. This home is sold with two parking spaces - #’ 43 + 57. Previous owners have used SpotHero for one of the parking spaces and earned over $500/month. The current owner has invested over $50,000 into the home - especially improving the rentability of the LL unit, which previously rented for $1,500/month before the upgrades. Recent investments include the new LL patio doors ($18K), a new plumbing line ($6K), upgraded electrical panels ($4K), all new interior paint ($6K), 3 Toto toilets ($10.5K), Ring camera ($2K), and some new appliances: dishwasher (LL), microwave (LL), washer & dryer (LL), dryer (UL) ($4.5K total). After purchasing in February 2023, the owner’s intention was to stay for many years but, you know how this goes in DC…work can bring you here just as quickly as it can send you onward! The monthly fee includes Water, Sewer, Central Air Conditioning, Roof and Structural Maintenance, and Trash/Recycling. Capitol Park IV offers a community playground, beautifully landscaped public spaces, a swimming pool with optional membership, and on-site management and maintenance. Note: CPIV is a completely separate association from Capitol Park II. Equidistant .5 miles from Waterfront (green) and Federal Center SW (blue, orange, silver) and 1 mile drive to 395 makes this location a commuter’s dream. Equidistant 0.5 miles from Waterfront (green) and Federal Center SW (blue, orange, silver) and 1 mile drive to 395 makes this location a commuter’s dream. Nearby you will find plentiful grocery stores and dining options, Arena Stage, Rubell Museum, SW Library and SW Duck Pond. This location is also central to many aspects of DC culture: The Yards, The Wharf, Nationals Park, Audi Field, The Anthem, the National Mall, Smithsonian Museums, the Capitol and much more!

Details

Property type

Condominium

Est. home value

$737,843

Lot size

Unknown

Price per sq ft

$513

Year built

1961

Annual property taxes

$5,320

HOA

No

Price History

11/01/2024
Bright

Bright #DCDC2166508

Listed
$775,000
+6.16%
02/22/2023
Bright

Bright #DCDC2081228

Sold
$730,000
+19.67%
07/14/2015
Bright

Bright #1001342613

Sold
$610,000

Schools & Community

Neighborhood: 

Southwest Waterfront

Elementary school: 

AMIDON-BOWEN

Middle school: 

JEFFERSON MIDDLE SCHOOL ACADEMY

High school: 

EASTERN

School district: 

DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Guaranteed Rate Inc

Loan start date

February 2023

Original loan amount

$730,000

Est. remaining balance

Not provided

Interest rate

6.48%

Loan type

VA

Seller

Catherine M Sheerin

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: 11/22/2024 at 8:20 PM

Listing updated: 11/07/2024 at 2:34 PM

Listed by: Brittanie DeChino, TTR Sotheby's International Realty Phone #: (703) 310-6800

MLS: Bright #DCDC2166508

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