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$389,500

Beds
1
Baths
1.0
sq ft
464

422 Butternut St NW Unit 106, Washington, DC 20012

422 Butternut St NW Unit 106

WASHINGTON, DC 20012

  • Coming soon
Sun-filled spacious First-floor end unit with 1 bedroom and 1 bathroom in the heart of Takoma Park, DC, just 0.2 miles from the Takoma Metro! This property has gleaming wood floors, fantastic natural light, excellent storage, and assigned parking, and the building is pet-friendly! The unit has its own HVAC system (Central AC & Heat). The living room is separate from the dining area. Beyond the dining area is a fantastic, renovated kitchen with solid surface granite counters, stainless steel appliances, a gas range, incredible prep space, an all-in-one washer/dryer, a portable dishwasher, and handsome cabinetry. The primary bedroom is filled with outdoor sunshine with a full bath. This unit’s layout, updates, and location make it a desirable and wonderful place to live and call home! The building’s amenities include a fitness room, a pleasing lobby, a laundry room, a courtyard with grilling, and a picnic area—gated assigned parking with easy access to the building’s rear entrance. Enjoy living in this quaint Takoma Park, DC. The location offers allure, comfort, charm, character, and convenience in this exceptional area. Relish the warm sense of community and ready access to shopping, coffee shops, restaurants, entertainment, and the Walter Reed Parks (including Whole Foods). Just two blocks from the Takoma Metro Station! How Exciting! You won't be disappointed. TOPA has been administered by District Title.

Details

Property type

Condominium

Est. home value

$271,153

Lot size

662 sq ft

Price per sq ft

$840

Year built

1931

Annual property taxes

$1,073

HOA

No

Price History

06/13/2016

Bright #1001365137

Sold
$211,000

Schools & Community

Neighborhood: 

Takoma

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

$150,560
Asking price
$389,500
Closing costs (~8% of asking)
-$31,160
Est. remaining loan balance
-$207,780
Cash to seller
$150,560

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

Seller’s Loan History

Lender

Navy Federal Credit Union

Loan start date

July 2020

Original loan amount

$226,625

Est. remaining balance

$207,780

Interest rate

3.18%

Loan type

New Conventional, 30 year

Seller

Brook Ellis

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: Coming Soon

Tomo last checked: 07/05/2024 at 11:05 PM

Listing updated: 06/26/2024 at 6:23 AM

Listed by: Margaret M Tyus, RE/MAX Allegiance Phone #: (202) 547-5600

MLS: Bright #DCDC2147954

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