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$400,000

Beds
Unknown
sq ft
Unknown

532 Hobart Pl NW, Washington, DC 20001

532 Hobart Pl NW

WASHINGTON, DC 20001

  • 129 days on market
    • Price drop $100,000↓
Incredible development opportunity now with a $100k price drop! Single with double width. The previous building has been fully demolished and only the front facade remains. This is an ideal opportunity for a high-end, two-unit condominium, each home with a separate entry. Plans are drafted for a three-level structure featuring two spacious 2 BR + 2 BA with two parking spaces. The process of obtaining permits is underway. Contact the listing agent for more information, plans, renderings, and status information.

Details

Property type

Townhouse

Property condition

Fixer

Lot size

1,506 sq ft

Price per sq ft

Unknown

Year built

1916

Annual property taxes

$55,755

HOA

No

Price History

01/17/2025
Bright

Bright #DCDC2161044

Price change
$400,000
-20%
09/24/2024
Bright

Bright #DCDC2160952

Removed
$500,000
09/24/2024
Bright

Bright #DCDC2161044

Listed
$500,000

Schools & Community

Neighborhood: 

Park View

Elementary school: 

BRUCE-MONROE ELEMENTARY SCHOOL AT PARK VIEW

Middle school: 

MACFARLAND

High school: 

ROOSEVELT HIGH SCHOOL AT MACFARLAND

Community features: 

Sidewalks, Street Lights

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

Wcp Fund I Llc

Loan start date

July 2019

Original loan amount

$849,200

Est. remaining balance

Not provided

Interest rate

3.99%

Loan type

Commercial

Seller

Ethan Anderson Development 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: 01/30/2025 at 11:25 PM

Listing updated: 01/17/2025 at 2:08 PM

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

MLS: Bright #DCDC2161044

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