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$200,000

Beds
Unknown
sq ft
976

5318 Gay St NE, Washington, DC 20019

5318 Gay St NE

WASHINGTON, DC 20019

  • 126 days on market
    • Price drop $15,000↓
Golden Developer Opportunity in Deanwood, DC! This detached home presents a rare chance for developers to bring their vision to life. This property offers immense potential for a lucrative return on investment with comparable sales in the area easily exceeding 550K+, making it an enticing prospect for those with a keen eye for opportunity. Nestled in the vibrant neighborhood of Deanwood, DC, residents enjoy access to a variety of amenities including a community center, aquatic center, parks, public library and convenient proximity to the metro. With a perfect blend of urban convenience and community charm, this property not only promises a sound investment but also the opportunity to be part of a thriving and well-connected neighborhood. Seize the chance to create something truly exceptional in Deanwood, DC! All sqft is approximate and not to be used for property valuation. Property is being sold AS-IS.

Details

Property type

Single Family Residence

Est. home value

$239,760

Lot size

2,500 sq ft

Price per sq ft

$205

Year built

1926

Annual property taxes

$22,249

HOA

No

Price History

12/19/2024
Bright

Bright #DCDC2155436

Listed
$200,000
12/12/2024
Bright

Bright #DCDC2155436

Pending
$200,000
11/21/2024
Bright

Bright #DCDC2155436

Listed
$200,000

Schools & Community

Neighborhood: 

Burrville

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Loan Funder Llc

Loan start date

June 2021

Original loan amount

$252,500

Est. remaining balance

Not provided

Interest rate

2.98%

Loan type

Commercial

Seller

Eagle Eye 360 Llc

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 12:45 AM

Listing updated: 12/19/2024 at 4:57 PM

Listed by: Jennifer S Smira, Compass Phone #: (202) 386-6330

MLS: Bright #DCDC2155436

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