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$1,299,000

Beds
5
Baths
2.5
sq ft
2,475

631 12th St NE, Washington, DC 20002

631 12th St NE

WASHINGTON, DC 20002

  • 18 days on market
    • Price drop $50,000↓
631 12th Street, NE Washington DC is a meticulously crafted newly constructed townhome, featuring five bedrooms, two full bathrooms, and one half bathroom. This luxurious property showcases state-of-the-art design and construction, with brand new appliances, windows, plumbing, and electrical systems, ensuring a modern and comfortable living experience. The property boasts a custom design with detailed finishes, offering a blend of elegance and functionality. Interior Features: Bedrooms: Five spacious bedrooms provide ample space for residents, guests, or even home office setups. Bathrooms: Two full bathrooms and one half bathroom are fitted with modern fixtures and high-quality materials, ensuring both functionality and style. Appliances: The kitchen and other areas come equipped with brand new, high-efficiency appliances, enhancing convenience and reducing energy consumption. Design: The interior design is meticulously detailed with custom finishes, creating a unique and upscale atmosphere throughout the home. New Installations: All windows, plumbing, and electrical systems are newly installed, guaranteeing reliability and modern standards of living. Exterior Features: New Construction: The townhome is newly constructed, ensuring all elements of the property meet the latest building codes and standards. Off-Street Carport: A significant benefit is the off-street carport, providing secure and convenient parking. This feature is particularly valuable in urban settings, offering protection from weather elements and added security for vehicles. Balconies and Deck: Petit Balcony: Featuring western exposure, this cozy balcony is perfect for enjoying sunsets, providing an intimate outdoor space for a quiet retreat or a refreshing breath of air. Spacious Balcony off the Owner's Suite: This balcony offers eastern exposure, allowing residents to enjoy morning sunlight. It's an ideal spot for a peaceful morning coffee or an evening unwind with a view. Deck off the Living Room: A generous deck extends the living space outdoors, perfect for entertaining guests, outdoor dining, or relaxing. It seamlessly connects the indoor living area with the outdoors, enhancing the overall living experience. Location Benefits: Proximity to Amenities: The location provides easy access to a variety of amenities including shops, restaurants, cafes, and entertainment venues. The vibrant H Street Corridor, known for its nightlife and dining options, is just a short distance away. Transportation: Excellent public transportation options are available, including bus routes and metro stations, facilitating easy commutes to different parts of the city. Parks and Recreation: Nearby parks and green spaces offer recreational opportunities and a respite from urban life, perfect for outdoor enthusiasts. Educational Institutions: The area is well-served by educational institutions, making it a desirable location for residents with school-age children. Short-Term Leasing Potential: The property at 631 12th Street, NE has strong short-term leasing potential due to several factors: Desirable Location: Its prime location in a popular and well-connected neighborhood makes it attractive to tourists, business travelers, and temporary residents. Modern Amenities: The newly constructed townhome with modern amenities appeals to short-term renters seeking a high-quality and comfortable living experience. Space and Versatility: With five bedrooms, the property can accommodate larger groups, a significant advantage in the short-term rental market. Attractive Features: The off-street carport, custom design details, and additional outdoor spaces like the balconies and deck add to the property's allure, making it stand out in listings and potentially commanding higher rental rates. Overall, 631 12th Street, NE is a premium property offering a blend of luxury, convenience.

Details

Property type

Townhouse

Est. home value

$776,792

Property condition

New Construction

Lot size

1,507 sq ft

Price per sq ft

$525

Year built

2024

Annual property taxes

$6,972

HOA

No

Price History

06/19/2024

Bright #DCDC2146900

Price change
$1,299,000
-3.71%
06/18/2024

Bright #DCDC2146900

Listed
$1,349,000
06/17/2024

Bright #DCDC2138214

Removed
$1,349,000

Schools & Community

Neighborhood: 

Near Northeast

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

Money Source Of America Llc

Loan start date

November 2022

Original loan amount

$1,179,450

Est. remaining balance

Not provided

Interest rate

6.7%

Loan type

Purchase Money Mortgage

Seller

631 12Th Street 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: 07/05/2024 at 11:20 PM

Listing updated: 06/19/2024 at 9:34 AM

Listed by: Kenn B Blagburn, DC Real Property,LLC Phone #: (202) 800-8389

MLS: Bright #DCDC2146900

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