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$770,000

Beds
4
Baths
3.5
sq ft
1,860

401 Decatur St NW, Washington, DC 20011

401 Decatur St NW

WASHINGTON, DC 20011

  • 95 days on market
    • Price drop $25,000↓
80K Price Drop - Motivated Seller - All offers are due by June 23, 2024 Welcome to 401 Decatur Street in the vibrant city of Washington, DC. Great for Investor/Rental potential! This charming 1925 architectural gem offers a perfect blend of classic elegance and modern conveniences. As you step inside, you are greeted by the gleaming original hardwood floors with a spacious sunlit living room with grandeur ceilings throughout, featuring large windows that enhance the space with natural light. The floor plan seamlessly connects the living room to the dining area, creating an ideal space for entertaining guests or enjoying meals. The kitchen is equipped with a gas stove and ample cabinet space for all your culinary needs. A morning room off the kitchen provides additional seating options and a perfect spot to enjoy your morning coffee. The main level also includes half bathroom. Upstairs you will find three bedrooms AND 2 FULL BATHS throughout, with a spacious bonus room. The basement level of the home offers unfinished spaces, a full bathroom with separate outside access doors that can be used as either a recreation room, home office, gym or you can create a separate living quarters to suit your lifestyle. In addition, there is a specially treated cesspool to manage any overflow during heavy rain. Outside, the backyard offers a small deck and two private parking spaces inside a SECURITY GATED FENCE. In the front, you will find a beautiful walkup stairs leading up to the large porch with a seating area. Located in the sought-after neighborhood of Washington, DC this home offers easy access to a wide range of amenities. Enjoy nearby SCHOOLS, COLLEGES, parks, shopping, restaurants, cafes, and entertainment options. Commuting is a breeze with multiple public transportation MODES BOTH BUS AND MULTIPLE subway stations. Don't miss the opportunity to make this stunning corner lot home yours. Schedule a showing today and experience the best of Washington, DC living. Calling all investors and handy homeowners, seize the opportunity to transform this gem sold AS-IS into your dream home with minimal effort and unlock instant equity. This residence offers a canvas for customization, where the fusion of classic design and modern potential awaits. Location, location location - with its prime location on a sizable lot and the promise of instant equity, this property is a rare find for those with a vision to reimagine and revitalize. Don't miss the chance to make this house your home – an investment opportunity that beckons with promise and potential. Suburb Living with City Lights. Don’t wait… Submit your offer today…. This beauty won't last….

Details

Property type

Est. home value

$830,716

Lot size

1,900 sq ft

Price per sq ft

$414

Year built

1925

Annual property taxes

$1,501

HOA

No

Price History

06/15/2024

Bright #DCDC2133952

Price change
$770,000
-3.14%
06/04/2024

Bright #DCDC2133952

Pending
$795,000

Schools & Community

Neighborhood: 

Petworth

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

$572,751
Asking price
$770,000
Closing costs (~8% of asking)
-$61,600
Est. remaining loan balance
-$135,649
Cash to seller
$572,751

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

Seller’s Loan History

Lender

Chevy Chase Bank Fsb

Loan start date

September 2007

Original loan amount

$200,000

Est. remaining balance

$135,649

Interest rate

6.68%

Loan type

New Conventional, 30 year

Seller

Meriam L Washington

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: 07/05/2024 at 11:10 PM

Listing updated: 07/04/2024 at 11:23 PM

Listed by: Adrian Dwayne Sims, HomeSmart Phone #: (301) 352-4065

MLS: Bright #DCDC2133952

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