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$649,000

Beds
2
Baths
1.5
sq ft
1,040

5231 5th St NW, Washington, DC 20011

5231 5th St NW

WASHINGTON, DC 20011

  • 67 days on market
    • Price drop $49,000↓
A very nice house that has been renovated. Big back yard. Close to stores and shops on Kennedy St NW Vacant in available for quick occupancy.

Details

Property type

Townhouse

Est. home value

$713,021

Lot size

1,600 sq ft

Price per sq ft

$625

Year built

1925

Annual property taxes

$5,442

HOA

No

Price History

11/08/2024
Bright

Bright #DCDC2159580

Price change
$649,000
-7.02%
09/26/2024
Bright

Bright #DCDC2159580

Listed
$698,000

Schools & Community

Neighborhood: 

Petworth

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

$231,997
Asking price
$649,000
Closing costs (~8% of asking)
-$51,920
Est. remaining loan balance
-$365,083
Cash to seller
$231,997

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

Seller’s Loan History

Lender

United Wholesale Mortgage Llc

Loan start date

January 2021

Original loan amount

$400,000

Est. remaining balance

$365,083

Interest rate

2.71%

Loan type

New Conventional, 30 year

Seller

Elizabeth Wolstein and Charles Wolstein

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: 11/23/2024 at 3:30 AM

Listing updated: 11/09/2024 at 12:23 AM

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

MLS: Bright #DCDC2159580

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