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$624,000

Beds
3
Baths
1.0
sq ft
1,857

408 44th St NE, Washington, DC 20019

408 44th St NE

WASHINGTON, DC 20019

  • 164 days on market
    • Price drop $175,999↓
Motivated Seller! Developers and Investor are welcome. This is home is an options for primary residence as well. Nestled in the vibrant northeast Washington, DC area, this versatile property combines three lots and offers exceptional potential for both investors and primary residents. With all necessary tests and permits in place, the property is primed for immediate development, whether for apartment units, a grander single-family home, or an expansion of the current residence. The home features a durable roof that is only five years old, a side porch for outdoor relaxation, and rear parking for convenience. The property's infrastructure is robust, including a recent "heavy up" upgrade, a gas water heater, and electricity extending to the back gate. Additionally, solar panels are installed, providing energy efficiency. Inside, the home boasts traditional hardwood floors throughout, adding timeless elegance. The chef's kitchen is designed for culinary enthusiasts and features modern appliances and ample counter space. There is also significant opportunity for expansion within the home, allowing for customization and growth to meet the needs of any buyer. This home is ideally located near the Maryland border and is in walking distance of 2 metro station in which makes this home very accessible, offering convenient transportation options for commuters and enhancing the property's appeal. The property is located near several walking trails and outdoor activity spaces.

Details

Property type

Single Family Residence

Est. home value

$453,085

Lot size

0.26 acres

Price per sq ft

$337

Year built

1947

Annual property taxes

$1,251

HOA

No

Price History

10/18/2024
Bright

Bright #DCDC2149720

Price change
$624,000
-22%
09/19/2024
Bright

Bright #DCDC2149720

Price change
$799,999
-20%
08/15/2024
Bright

Bright #DCDC2149720

Price change
$999,999
-6.45%

Schools & Community

Neighborhood: 

Mahaning Heights

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

Money One Federal Credit

Loan start date

May 2007

Original loan amount

$30,000

Est. remaining balance

Not provided

Interest rate

5.9%

Loan type

Credit Line (Revolving), 15 year

Seller

Robin A Gladden

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 12:35 AM

Listing updated: 12/13/2024 at 6:24 PM

Listed by: Jeremiah Abu-Bakr, Own Real Estate Phone #: (240) 615-8395

MLS: Bright #DCDC2149720

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