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$305,000

Beds
2
Baths
2.0
sq ft
1,558

3210 Ely Pl SE, Washington, DC 20019

3210 Ely Pl SE

WASHINGTON, DC 20019

  • 100 days on market
Title: Unique Short Sale Opportunity in Southeast Washington, DC Description: Nestled within the vibrant community of Southeast Washington, DC, this distressed property presents a unique opportunity for those seeking a blend of character and potential. Boasting 2 bedrooms, 1 bath, and a captivating bonus room with a distinctive spiral staircase, this home offers a canvas for renovation enthusiasts and investors alike. Key Features: 2 Bedrooms: The property includes two cozy bedrooms, providing comfortable living spaces for residents or potential tenants. 1 Bath: A well-appointed bathroom ensures convenience and functionality for occupants. Bonus Room: An additional bonus room adds versatility to the property, perfect for a home office, study, or creative space. Spiral Staircase: A striking spiral staircase serves as a focal point, enhancing the property's unique charm and character. Potential: While in a distressed condition, this property presents a prime opportunity for renovation, allowing buyers to customize and enhance the space to suit their preferences. Location: Situated in Southeast Washington, DC, residents will enjoy proximity to local amenities, parks, transportation options, and the dynamic culture the nation's capital has to offer. This distressed short sale property presents an exciting prospect for those with vision and a desire to invest in the vibrant real estate market of Washington, DC. Embrace the opportunity to transform this space into a personalized haven or lucrative investment property. Short Sale Has Not Been Approved Yet

Details

Property type

Single Family Residence

Est. home value

$425,072

Lot size

3,860 sq ft

Price per sq ft

$196

Year built

1937

Annual property taxes

$3,490

HOA

No

Price History

03/28/2024

Bright #DCDC2134634

Listed
$305,000
+9.32%
07/14/2016

Bright #1001362277

Sold
$279,000
+210%
07/31/2015

Bright #1001337665

Sold
$90,000

Schools & Community

Neighborhood: 

Greenway

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

$16,944
Asking price
$305,000
Closing costs (~8% of asking)
-$24,400
Est. remaining loan balance
-$263,656
Cash to seller
$16,944

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

Seller’s Loan History

Lender

Primary Residential Mortgage Inc

Loan start date

July 2018

Original loan amount

$295,000

Est. remaining balance

$263,656

Interest rate

4.54%

Loan type

New Conventional, 30 year

Seller

Kalvin G Bears

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: 07/06/2024 at 12:10 AM

Listing updated: 06/12/2024 at 9:03 AM

Listed by: Harriet G Hawkins, IGOLDENONE REALTY AND CONCIERGE LLC Phone #: (301) 433-8645

MLS: Bright #DCDC2134634

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