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$575,000

Beds
5
Baths
3.5
sq ft
1,700

4810 7th St NE, Washington, DC 20017

4810 7th St NE

WASHINGTON, DC 20017

  • 22 days on market
    • Price drop $24,000↓
Lovely Colonial home in Brookland/Michigan Park, with 5 bedrooms and 3.5 baths, and tons of great features. Renovated in 2020 with updates to the kitchen, bathrooms and basement. Hardwood floors,ample natural light, sliding glass doors and a charming patio. Gourmet kitchen includes stainless steel appliances and eat-in space. Comfortable bedrooms upstairs with walk-in closets. Completely finished basement with two full bedrooms, egress windows, a full bath and separate entrance. Easy access to three metro lines! Less than 1 mile to Fort Totten Metro Station (Red, Yellow, and Green lines). Get the best of both worlds; DC & MD. Enjoy shops and dining in Silver Spring and Takoma Park or head into Petworth and Columbia Heights. Peruse the Takoma Park farmers market or dash to Yes! Organic Market or Giant. Enjoy the great outdoors at Fort Totten Park, Rudolph Playground, and Keene Recreation Center. So much to love!

Details

Property type

Duplex

Est. home value

$548,605

Lot size

3,000 sq ft

Price per sq ft

$339

Year built

1974

Annual property taxes

$4,383

HOA

No

Price History

06/20/2024

Bright #DCDC2145834

Price change
$575,000
-4.01%
06/11/2024

Bright #DCDC2145834

Listed
$599,000
+30.22%
07/01/2020

Bright #DCDC459270

Sold
$460,000

Schools & Community

Neighborhood: 

Michigan Park

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

$94,631
Asking price
$575,000
Closing costs (~8% of asking)
-$46,000
Est. remaining loan balance
-$434,369
Cash to seller
$94,631

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

Seller’s Loan History

Lender

Pennymac Loan Services Llc

Loan start date

October 2021

Original loan amount

$461,250

Est. remaining balance

$434,369

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Greg Samuel Karbett and Kristina Lynnette Karbett

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: 07/03/2024 at 3:20 PM

Listing updated: 06/24/2024 at 9:44 AM

Listed by: Nicholas Despotidis, Keller Williams Capital Properties Phone #: (202) 243-7700

MLS: Bright #DCDC2145834

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