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$456,000

Beds
2
Baths
2.0
sq ft
1,229

4201 Cathedral Ave NW Unit 523E, Washington, DC 20016

4201 Cathedral Ave NW Unit 523E

WASHINGTON, DC 20016

  • 4 days on market
    • Open house Dec 24
Start the New Year in style and comfort in this special and spacious 2-BR, 2 BA condo at The Towers, an iconic Best Addresses community in wonderful Wesley Heights. The airy living room, with a wall of custom built-in cabinetry, opens to a gracious dining room with slider leading to the 20' balcony.. The kitchen features glass-fronted cabinetry, under-counter wine rack, SS appliances, quartz countertops, and bar opening to the LR. Both bathrooms, including one with a roomy step-in shower, are nicely remodeled. Ceiling fans, updated light fixtures, louvered closet doors, and beautiful floors add to the overall ambiance. Large double-pane windows look out on the landscaped grounds and the gorgeous resort-style pool. Convenient to laundry and utility rooms, and the elevator to your own garage space. Metrobus to downtown and Friendship Heights just outside the circular drive. The Towers also boasts a grocery market, tennis courts, hair salon, fitness center, valet service, and 24/7 front desk and security. Close to Chef Geoff's, Wagshal's, DeCarlo's, plus banking and other services. This one has it all -- don't miss it!! Garage space is B1-10. Sellers getting senior tax rate.

Details

Property type

Condominium

Est. home value

$500,068

Lot size

Unknown

Price per sq ft

$372

Year built

1960

Annual property taxes

$3,248

HOA

No

Price History

12/18/2024
Bright

Bright #DCDC2171358

Listed
$456,000
+7.29%
11/15/2019
Bright

Bright #DCDC434550

Sold
$425,000

Schools & Community

Neighborhood: 

Wesley Heights

Elementary school: 

HORACE MANN

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

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

$118,885
Asking price
$456,000
Closing costs (~8% of asking)
-$36,480
Est. remaining loan balance
-$300,635
Cash to seller
$118,885

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

Seller’s Loan History

Lender

Caliber Home Loans Inc

Loan start date

August 2021

Original loan amount

$324,268

Est. remaining balance

$300,635

Interest rate

2.93%

Loan type

VA, 30 year

Seller

Martin Tolbert and Edith L Tolbert

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: 12/22/2024 at 6:35 AM

Listing updated: 12/20/2024 at 12:09 PM

Listed by: Paul K Madsen, Long & Foster Real Estate, Inc. Phone #: (202) 966-1400

MLS: Bright #DCDC2171358

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