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$999,000

Beds
3
Baths
2.5
sq ft
1,920

503 Groff Ct NE, Washington, DC 20002

503 Groff Ct NE

WASHINGTON, DC 20002

  • 247 days on market
    • Price drop $96,000↓
    • Open house Sep 08
A great house charmingly located in a quiet mews just steps from the Senate and Union Station. Its unusual width and equal depth yields more usable space in its 1920 sq ft. The shape of the lot and the house produces: *********A large family room off the kitchen and a large dining room & living room combo, perfect for entertaining .**********Extra windows make this home unusually light and bright, combined with high ceilings on both floors, adding to the feeling of space .**********An expansive private patio and garden and coveted large 9 X 23 foot parking space **********The main floor features a marble foyer and gleaming oak flooring. .**********The energy-saving package includes fully-insulated exterior walls, upper ceilings, slab perimeter, exterior doors and double windows. The unit's HVAC systems and the hot water heater were replaced in 2023. All this produces a hard-to-beat cost of utilities per square foot. **********Walk Score (96) says it's a "Walker's Paradise. Daily errands do not require a Car" Get your grocery shopping done at Giant or Whole Foods, grab a bite at the many restaurants on H Street or Mass Ave This secluded Court is tucked between 3rd and 4th Streets and E and F Streets NE. Take 4th St south to 2nd alleyway past F St. and turn right. Visitors may park in the spot behind 503 or temporarily in the alley. *********Owner will consider renting at $4,695/month

Details

Property type

Townhouse

Est. home value

$1,364,635

Lot size

1,481 sq ft

Price per sq ft

$521

Year built

1990

Annual property taxes

$3,252

HOA

No

Price History

01/05/2024
Bright

Bright #DCDC2122372

Listed
$999,000

Schools & Community

Neighborhood: 

Capitol Hill

Elementary school: 

PEABODY

Middle school: 

STUART-HOBSON

High school: 

DUNBAR SENIOR

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

$793,378
Asking price
$999,000
Closing costs (~8% of asking)
-$79,920
Est. remaining loan balance
-$125,702
Cash to seller
$793,378

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

June 2013

Original loan amount

$170,000

Est. remaining balance

$125,702

Interest rate

3.4%

Loan type

New Conventional, 30 year

Seller

Daniel R Oleary and Katherine L Oleary

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: 09/07/2024 at 9:35 PM

Listing updated: 09/06/2024 at 11:26 AM

Listed by: Brian G Logan, Brian Logan Real Estate Phone #: (202) 387-5555

MLS: Bright #DCDC2122372

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