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$250,000

Beds
Unknown
Baths
1.0
sq ft
377

637 3rd St NE Unit 405, Washington, DC 20002

637 3rd St NE Unit 405

WASHINGTON, DC 20002

  • 76 days on market
Nestled on a beautiful, tree-lined street, this delightful building is perfectly situated between three of DC's most vibrant neighborhoods: NOMA, Capitol Hill, and the H Street Corridor. A short walk from the bustling Union Market District, you’ll have some of the city’s best dining, shopping, and entertainment at your fingertips. This location truly has it all. The building’s front foyer exudes timeless charm with original crown molding, elegant gold mirrors, and distinctive light fixtures. Inside, the studio unit features well-preserved original hardwood floors and an updated, contemporary bathroom. Both pet-friendly and investor-friendly, this building also offers convenient on-site laundry facilities. With a low monthly condo fee of just $265, don’t miss the opportunity to own in one of DC’s most desirable and convenient locations—it’s an opportunity you won’t want to miss!

Details

Property type

Condominium

Est. home value

$247,600

Lot size

Unknown

Price per sq ft

$664

Year built

1927

Annual property taxes

$2,011

HOA

No

Price History

10/10/2024
Bright

Bright #DCDC2163436

Listed
$250,000

Schools & Community

Neighborhood: 

Near Northeast

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

$193,030
Asking price
$250,000
Closing costs (~8% of asking)
-$20,000
Est. remaining loan balance
-$36,970
Cash to seller
$193,030

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

December 2011

Original loan amount

$156,800

Est. remaining balance

$36,970

Interest rate

3.3%

Loan type

New Conventional, 16 year

Seller

Michael T Yates and Terry L Yates

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 1:25 AM

Listing updated: 12/17/2024 at 4:35 PM

Listed by: Jeffrey S Ganz, Century 21 Redwood Realty Phone #: (301) 208-2288

MLS: Bright #DCDC2163436

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