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$289,000

Beds
1
Baths
1.0
sq ft
848

4740 Connecticut Ave NW Unit 601, Washington, DC 20008

4740 Connecticut Ave NW Unit 601

WASHINGTON, DC 20008

  • 182 days on market
    • Price drop $10,000↓
BRING US AN OFFER! Introducing the Essex at 4740 Connecticut Ave, Unit 601 - with over $40,000 of renovations you won't want to miss seeing this beautifully renovated 1 bed, 1 bath unit offering a tranquil view of quiet Davenport Street. This delightful home features a newly renovated kitchen with quartz countertops, stainless steel appliances, and a tastefully designed bathroom. Freshly painted and adorned with new hardwood floors, this inviting property is filled with an abundance of natural light streaming through its ample windows, offering great views looking north from all rooms. Generous storage space is provided within the unit, and a main level storage unit is included in the sale for added convenience. Residents can enjoy the perks of 24/7 concierge service, a rooftop deck with incredible views of the city, and convenient laundry facilities on each floor. Additionally, ZIPS cleaning offers the option to pick up and drop off laundry for a fee. Situated near a variety of amenities including restaurants, .8 miles to the metro, library, banks, and the renowned Politics and Prose bookstore, this residence offers the perfect blend of comfort and convenience in the vibrant NW neighborhood. Notably all utilities are included in the condo fee (internet and cable are separate).

Details

Property type

Condominium

Est. home value

$342,091

Lot size

Unknown

Price per sq ft

$341

Year built

1956

Annual property taxes

$2,922

HOA

No

Price History

06/15/2024

Bright #DCDC2123186

Price change
$289,000
-3.34%
01/16/2024

Bright #DCDC2123186

Listed
$299,000

Schools & Community

Neighborhood: 

Wakefield

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

$113,106
Asking price
$289,000
Closing costs (~8% of asking)
-$23,120
Est. remaining loan balance
-$152,774
Cash to seller
$113,106

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

September 2021

Original loan amount

$182,000

Est. remaining balance

$152,774

Interest rate

2.1%

Loan type

New Conventional, 15 year

Seller

Pedram Partovi

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: 07/06/2024 at 12:45 AM

Listing updated: 06/15/2024 at 12:13 PM

Listed by: Jane N. Dehais, Compass Phone #: (301) 298-1001

MLS: Bright #DCDC2123186

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