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$674,900

Beds
1
Baths
1.0
sq ft
926

3251 Prospect St NW Unit 309, Washington, DC 20007

3251 Prospect St NW Unit 309

WASHINGTON, DC 20007

  • 74 days on market
    • Price drop $25,000↓
NEW PRICE! Welcome to the acclaimed Georgetown Madelon, a pet-friendly concierge building with elevator access and secure parking. Here, you will enjoy elegant, renovated condominiums that coexist with vibrant restaurants and shops in the heart of historic Georgetown. This 2 level, 1-bedroom, 1-bathroom residence boasts large, floor-to-ceiling windows in light-filled rooms with 9'+ ceiling heights and hardwood flooring throughout the main level. The updated kitchen features upgraded countertops, stainless steel appliances, brushed gold fixtures, recessed lighting, and a breakfast bar for casual seating. Step down into the bedroom level, which includes a full bath and convenient in-unit laundry. The Madelon is home to arguably the best rooftop pool in Georgetown, where you have access to a built-in gas grill, outdoor bar, pergola-covered dining area, and are surrounded by beautifully maintained flower pots. Enjoy panoramic views of the Washington Monument and the best view in town for the 4th of July fireworks. Secure on-site garage parking does not convey & can be rented at $279 per month per space through the condo association (pending availability). Guest parking is available hourly at the rates posted in the garage. Pets are welcome, but limited to a maximum of either one dog or one cat. Only after two full years of ownership may you rent the unit, and all leases must be for no less than a one-year term and must be approved by the Board first. ***The special assessment of $16,350 has already been paid in full by Seller.*** With everything within reach, you can enjoy a nice stroll to the Georgetown Waterfront, walk a block to go shopping on iconic M Street, or step out of the building for brunch at either Café Milano or Peacock Cafe, which are right on either side of you. This location makes Unit #309 a great option for a pied-à-terre, owner-occupied condo, or even as housing for a Georgetown University student, who only has a short 0.5-mile commute to get to class.

Details

Property type

Condominium

Est. home value

$665,044

Lot size

Unknown

Price per sq ft

$729

Year built

1980

Annual property taxes

$5,458

HOA

No

Price History

10/16/2024
Bright

Bright #DCDC2153852

Price change
$674,900
-3.57%
09/20/2024
Bright

Bright #DCDC2153852

Listed
$699,900
+12.89%
05/21/2021
Bright

Bright #DCDC523166

Sold
$620,000
+2.48%

Schools & Community

Neighborhood: 

Georgetown

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

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

Middletown Valley Bank

Loan start date

May 2021

Original loan amount

$496,000

Est. remaining balance

Not provided

Interest rate

3.18%

Loan type

Purchase Money Mortgage

Seller

Rappaport Dc Rentals 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: 11/16/2024 at 5:30 AM

Listing updated: 11/07/2024 at 12:29 PM

Listed by: Michael B Aubrey, Berkshire Hathaway HomeServices PenFed Realty Phone #: (301) 961-6000

MLS: Bright #DCDC2153852

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