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$313,900

Beds
2
Baths
1.0
sq ft
792

5885 Colorado Ave NW Unit 104, Washington, DC 20011

5885 Colorado Ave NW Unit 104

WASHINGTON, DC 20011

  • 113 days on market
    • Price drop $1,099↓
Welcome to the Loft's at Brighwood! **Stunning Renovated Condo in Prime Washington DC Location!** TONS OF UPGRADES! Welcome to this beautifully renovated condo nestled in the vibrant 16th St. Heights neighborhood, offering an exceptional blend of modern sophistication and urban charm. This exquisite two-bedroom, one-bathroom residence with garage parking & package concierge boasts a distinctive industrial aesthetic with striking steel ceilings and rich hardwood floors throughout creating an unparalleled living experience. Kitchen and bath both have recent updates. Bath has bidet. The open-concept living area is bathed in natural light, highlighting its contemporary design. Huge windows! The seamless flow from the living space to the chic kitchen makes it ideal for both relaxing and entertaining. Ceiling fans in both bedrooms! The rooftop deck provides an exclusive retreat with sweeping city views, perfect for enjoying sunsets and fireworks or hosting intimate gatherings. Bike room is available for residents use. Private parking space conveys ensuring convenience and security. Intercom can buz guests in by phone with ease. Washer/Dryer in unit. Located in the heart of Washington DC, this property is situated amidst a dynamic array of development, offering access to the city’s finest dining, shopping, and cultural attractions. This condo is a rare gem in one of DC's most desirable neighborhoods, blending modern luxury with prime location. Water bill, trash removal, CAM and management is included in the condo fee. New hot water heater and new kitchen sink installed this year, HVAC just 3 years old. Hardwood floors just 2 years old, Roof top deck had new roof installed this year! Curtains convey. Don’t miss the opportunity to make this exceptional property your new home. Tours are available now, tour immediately, won't last long at this attractive price. Murphy bed and book shelf(s) do not convey. Special tour must be arranged to view roof top area due to construction curing. Offer deadline is 10/30/24 @ 11:59pm!

Details

Property type

Condominium

Est. home value

$341,987

Lot size

Unknown

Price per sq ft

$397

Year built

2006

Annual property taxes

$2,320

HOA

No

Price History

10/30/2024
Bright

Bright #DCDC2157008

Price change
$313,900
-0.35%
10/30/2024
Bright

Bright #DCDC2157008

Price change
$314,999
+0.32%
10/29/2024
Bright

Bright #DCDC2157008

Price change
$314,000
-1.87%

Schools & Community

Neighborhood: 

Sixteenth Street Heights

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Street Lights

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

$56,404
Asking price
$313,900
Closing costs (~8% of asking)
-$25,112
Est. remaining loan balance
-$232,384
Cash to seller
$56,404

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

Seller’s Loan History

Lender

Wyndham Capital Mortgage Inc

Loan start date

August 2021

Original loan amount

$250,500

Est. remaining balance

$232,384

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

Alssatou Silk

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 12:55 AM

Listing updated: 12/06/2024 at 3:59 AM

Listed by: Crystal M Jackson, Smart Realty, LLC Phone #: (301) 445-1395

MLS: Bright #DCDC2157008

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