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$411,040Estimated home value

Beds
2
Baths
2.0
sq ft
1,120

6114 Banks Pl NE, Washington, DC 20019

6114 Banks Pl NE

WASHINGTON, DC 20019

  • Off market
    • Price drop $20,000↓
Great opportunity for a first-time home buyer, HPAP and FHA are more than welcomed! Come and enjoy this lovely and cute, Northeast DC home. Walking distance to Capital Heights Metro Station. This home has two bedrooms and one bathroom upstairs and has a fully finished basement with one full bathroom. This home was built in the 1940s and still has that original city charm with some modern updates to make you feel at home. The neighborhood hosts Watts park with a nice playground, basketball court, and splash pad in warmer months that is right across the street. There is a newly built recreation center, Marvin Gaye Recreation Center. You have access to walking trails as well as direct access to the Metro Transit Stations and bus stops.

Details

Property type

Duplex

Est. home value

$411,040

Lot size

1,222 sq ft

Price per sq ft

$340

Year built

1945

Annual property taxes

$1,708

HOA

No

Price History

07/05/2024

Bright #DCDC2140030

Removed
$379,900
05/09/2024

Bright #DCDC2140030

Listed
$379,900
-4.79%
05/01/2024
BrightMLS

BrightMLS #DCDC2117796

Removed
$399,000

Schools & Community

Neighborhood: 

East Corner

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

$108,656
Asking price
$379,900
Closing costs (~8% of asking)
-$30,392
Est. remaining loan balance
-$240,852
Cash to seller
$108,656

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

Seller’s Loan History

Lender

Cbc National Bank

Loan start date

January 2018

Original loan amount

$276,000

Est. remaining balance

$240,852

Interest rate

3.94%

Loan type

New Conventional, 30 year

Seller

Nashid Muhammad and Naadiya Muhammad

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: Off Market

Tomo last checked: 07/05/2024 at 11:50 PM

Listing updated: 05/13/2024 at 6:32 PM

Listed by: Dwayne C Bradford, Bradford Real Estate Group, LLC Phone #: (202) 829-2299

MLS: Bright #DCDC2140030

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