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$805,000

Beds
2
Baths
2.0
sq ft
970

50 Florida Ave NE Unit 625, Washington, DC 20002

50 Florida Ave NE Unit 625

WASHINGTON, DC 20002

  • 126 days on market
    • Price drop $10,000↓
REDUCED HOLIDAY PRICE!!! MUST SEE UNIT!!! A Penthouse Corner unit on the sixth floor overseeing the city with huge glass windows and a large relaxing balcony to see the sun set. This unit has all you can ask for in a Luxury living: Open floor plan , high ceilings, wood floors, stainless appliances , An extra storage space located on the same floor, to name several, Thoughtful layout with two master suites . Very rarely will you find such great amenities : outdoor swimming pool, fitness center (paying gym membership is over), business center, 24-hour concierge, a party room, for such a reasonable condo fee. Perfect walk score, close to Trader Joe's, Union Market , NoMa Metro and Restaurants. OOPS!! Assigned Garage space and Extra storage are included in the asking price. Don't miss out.

Details

Property type

Condominium

Est. home value

$672,557

Lot size

Unknown

Price per sq ft

$830

Year built

2019

Annual property taxes

$5,648

HOA

No

Price History

11/28/2024
Bright

Bright #DCDC2155340

Price change
$805,000
-1.23%
08/19/2024
Bright

Bright #DCDC2155340

Listed
$815,000
+12.85%
02/27/2020
Bright

Bright #DCDC460898

Sold
$722,200

Schools & Community

Neighborhood: 

Eckington

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

DUNBAR SENIOR

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

$198,834
Asking price
$805,000
Closing costs (~8% of asking)
-$64,400
Est. remaining loan balance
-$541,766
Cash to seller
$198,834

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

Seller’s Loan History

Lender

Bank Fund Staff Federal Credit Union

Loan start date

November 2021

Original loan amount

$581,100

Est. remaining balance

$541,766

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Mouhamadou Al Mouktar Sy

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 12:50 AM

Listing updated: 12/06/2024 at 4:39 AM

Listed by: MODOU S CAMARA, Smart Realty, LLC Phone #: (301) 445-1395

MLS: Bright #DCDC2155340

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