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$615,000

Beds
4
Baths
3.5
sq ft
2,244

5500 Eads St NE, Washington, DC 20019

5500 Eads St NE

WASHINGTON, DC 20019

  • 105 days on market
Welcome to this delightful VA ELIGIBLE detached corner home, offering three levels of spacious living with four bedrooms and three-and-a-half bathrooms. Hardwood flooring and energy-efficient LED lighting run throughout, creating a warm and modern ambiance. This home has a VA Assumable loan for VA eligible buyers with a 5.125% rate! The existing loan balance is $583,000 leaving only a delta of $32,000. Newly built in 2022. The heart of the home is a chef's kitchen, featuring sleek stainless steel appliances, seamlessly connected to open living and dining areas ideal for gatherings. The living space is perfect for hosting a large super bowl party. The second level of the home has two bedrooms and a full bathroom, as well as a laundry room. The top level features the primary suite with a beautifully renovated bathroom and walk-in closet. The fourth bedroom is located on this level and includes a full en-suite bathroom. Outside, enjoy a parking pad and a fenced yard for outdoor activities or pets. With close proximity to amenities, parks, and schools, this home combines modern comforts with everyday convenience. This property qualifies for First Savings community lending program, the rate is currently 6% and there is no MI required with only 3% down payment required. There is also a $1500 grant available. Schools 1. Drew Elementary School 2. Kelly Miller Middle School 3. H.D. Woodson High School Restaurants & Grocery 4. The Strand DC 5. China Cafe 6. Addie Loves Soul 7. Capitol View Market Inc. Parks & Metro 8. Marvin Gaye Park 9. Kelly Miller Recreation Center 10. Watts Branch Playground 11. Capitol Heights Metro

Details

Property type

Duplex

Est. home value

$577,886

Lot size

2,584 sq ft

Price per sq ft

$275

Year built

2022

Annual property taxes

$2,371

HOA

No

Price History

11/19/2024
Bright

Bright #DCDC2169332

Listed
$615,000
-0.81%
11/09/2024
Bright

Bright #DCDC2148042

Removed
$619,999
10/06/2024
Bright

Bright #DCDC2148042

Price change
$619,999
-2.97%

Schools & Community

Neighborhood: 

East Corner

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

Bay Equity Llc

Loan start date

September 2022

Original loan amount

$600,000

Est. remaining balance

Not provided

Interest rate

5.22%

Loan type

VA

Seller

Ronald Jones

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: 03/04/2025 at 3:45 AM

Listing updated: 02/25/2025 at 2:09 PM

Listed by: Julia Gallagher, Compass Phone #: (202) 386-6330

MLS: Bright #DCDC2169332

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