tomo logo

$750,000

Beds
5
Baths
4.5
sq ft
1,919

2814 Rhode Island Ave NE, Washington, DC 20018

2814 Rhode Island Ave NE

WASHINGTON, DC 20018

  • 169 days on market
WELCOME HOME to this GREAT, GREAT steal-of-a-deal opportunity on this house. Calling ALL investors. Someone else's uncompleted work can be your treasure. Whether you're a seasoned investor looking to add to your portfolio or a developer seeking your next project, this investor and developer-friendly house offers the perfect blend of opportunity and potential. Don't miss your chance to turn this diamond in the rough into a lucrative investment opportunity!

Details

Property type

Single Family Residence

Est. home value

$511,652

Property condition

Fixer
New Construction

Lot size

3,407 sq ft

Price per sq ft

$391

Year built

1923

Annual property taxes

$3,801

HOA

No

Price History

09/27/2024
Bright

Bright #DCDC2144874

Price change
$750,000
+25%
06/24/2024
Bright

Bright #DCDC2144874

Price change
$599,990
+60%
06/07/2024
Bright

Bright #DCDC2144874

Listed
$375,000
-42.31%

Schools & Community

Neighborhood: 

Woodridge

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

ROOSEVELT HIGH SCHOOL AT MACFARLAND

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

R And F Commercial Debt And Equity Llc

Loan start date

January 2023

Original loan amount

$420,000

Est. remaining balance

Not provided

Interest rate

6.33%

Loan type

Commercial

Seller

Dwelling Edge Llc

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 8:45 PM

Listing updated: 09/27/2024 at 9:46 AM

Listed by: Damon J. Brockenberry Sr., Keller Williams Preferred Properties Phone #: (240) 737-5000

MLS: Bright #DCDC2144874

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