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$824,900

Beds
3
Baths
2.5
sq ft
1,725

619 16th St NE Unit PH-B, Washington, DC 20002

619 16th St NE Unit PH-B

WASHINGTON, DC 20002

  • 59 days on market
    • Price drop $24,100↓
Experience the pinnacle of city living in this exquisite top floor penthouse unit, featuring an impressive 1,800 square feet of interior living space spread over two levels. Built in 2017, this stylish home combines modern design with functionality, offering an unparalleled urban lifestyle. The open floor plan is perfect for entertaining, highlighted by a large kitchen with a striking Carrera marble island, ample storage, and a pantry. The spacious dining area boasts custom built-ins, providing both elegance and practicality. The expansive living room, complete with a convenient half bath and walk-out balcony, invites abundant natural light and offers a seamless flow for gatherings. Upstairs, the primary bedroom is a true retreat, featuring a private balcony, generous closet space, and a spa-inspired bath that promises relaxation. The second bedroom includes an en-suite bath, while a third bedroom and laundry facilities complete the upper level for ultimate convenience. A highlight of this property is the breathtaking private roof deck, accessible via interior stairs, adorned with a custom pergola and offering stunning views of the Washington Monument and the Capitol. It’s the perfect space for alfresco dining, entertaining, or simply unwinding while taking in the city skyline. Additionally, the vacant lot directly behind the home is set to be transformed into an urban farm, providing an exciting community resource that will be accessible to the neighborhood. This initiative underscores the charm of city living, allowing residents to enjoy fresh produce and participate in community events right in their backyard. With off-street parking and hardwood flooring throughout, this penthouse unit is the ideal blend of luxury and practicality. Don’t miss the chance to call this exceptional property home!

Details

Property type

Condominium

Est. home value

$880,185

Lot size

Unknown

Price per sq ft

$479

Year built

1900

Annual property taxes

$5,734

HOA

No

Price History

11/14/2024
Bright

Bright #DCDC2161252

Price change
$824,900
-2.84%
11/06/2024
Bright

Bright #DCDC2161252

Listed
$849,000
10/28/2024
Bright

Bright #DCDC2161252

Removed
$849,000

Schools & Community

Neighborhood: 

Kingman Park

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

$92,697
Asking price
$824,900
Closing costs (~8% of asking)
-$65,992
Est. remaining loan balance
-$666,211
Cash to seller
$92,697

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

Seller’s Loan History

Lender

Intercoastal Mortgage Llc

Loan start date

September 2020

Original loan amount

$732,000

Est. remaining balance

$666,211

Interest rate

2.96%

Loan type

New Conventional, 30 year

Seller

Grace Wismer Eberhart Mitchell and Benjamin Thomas Mitchell

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: 11/22/2024 at 8:20 PM

Listing updated: 11/18/2024 at 3:04 PM

Listed by: Evan L Marbury, Compass Phone #: (301) 298-1001

MLS: Bright #DCDC2161252

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