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$675,000

Beds
8
Baths
5.0
sq ft
3,094

3740 Horner Pl SE, Washington, DC 20032

3740 Horner Pl SE

WASHINGTON, DC 20032

  • 54 days on market
    • Price drop $24,000↓
Price Improvement... Below DC Government's Property Tax Assesment, See Documents... New home in steady equity appreciating residential, entertainment and sports CONGRESS HEIGHTS neighborhood. Prime socio-economic gentrifications on-going…In close proximity to department of homeland security (DHS) New St. Elizabeth East Campus, Navy Yard, Bolling Air Force Base, Eastern Market, Capitol Hill, Wharf, Easy transportation network (I-495, 395, 295, 95.) New subdivision iron- fenced 5,130 sq ft lot… 2 upper floors 1,682 sq ft with owners suite and 4 more bedrooms and 3 full bathrooms, full kitchen, separate laundry and HVAC system. 6 car parking. Ground floor 1, 412 sq ft alternative dwelling unit contains owners suite, walk-in closet, private bathroom with tub, separate shower, 2 more bedrooms, 1 full bath, full kitchen, laundry and separate HVAC System plus separate 2-car parking. Good opportunity for residence/investment, Zoning allows resident homeowners to use a part of the home for rental income… Buyers can qualify for loan using the rental income plus personal income for the mortgage loan…Current DC subsidy rent reasonable analysis approves up to $5,000 monthly rent for 5 bedrooms and $3,900 for 3 bedrooms. (Please engage due diligence too) Ask your lenders about HPAP, EAHP, 1ST TIME HOMEBUYER PROGRAMS, DC OPEN DOORS AND CITY FIRST DPA PROGRAMS… This home packs a punch, more house for the money… Bring your best offers…Final cleaning and touch-ups all done.

Details

Property type

Single Family Residence

Property condition

New Construction

Lot size

5,130 sq ft

Price per sq ft

$219

Year built

2024

Annual property taxes

$6,789

HOA

No

Price History

12/11/2024
Bright

Bright #DCDC2166730

Price change
$675,000
-3.43%
11/06/2024
Bright

Bright #DCDC2166730

Listed
$699,000
+722.35%
06/22/2020
Bright

Bright #DCDC462098

Sold
$85,000

Schools & Community

Neighborhood: 

Congress Heights

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks

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

Capital Bank Na

Loan start date

April 2022

Original loan amount

$415,000

Est. remaining balance

Not provided

Interest rate

3.85%

Loan type

Commercial

Seller

Keyline Homes 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: 12/23/2024 at 12:40 AM

Listing updated: 12/11/2024 at 1:44 PM

Listed by: Olusegun A Okegbenro, Primetime Realty, LLC Phone #: (301) 806-1796

MLS: Bright #DCDC2166730

Bright logo

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