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$389,000

Beds
1
Baths
1.0
sq ft
990

700 7th St SW Unit 808, Washington, DC 20024

700 7th St SW Unit 808

WASHINGTON, DC 20024

  • 22 days on market
    • Price drop $10,000↓
LOCATION, STYLE, ELEGANCE AND CONVENIENCE! MOVE-IN READY! This 990 sq ft, sunny, top floor unit features dramatic, high vaulted ceilings in the living room (13 ft), panoramic views from the 12 ft high sliding glass doors/windows leading to a large balcony. A large 1 BR/1BA unit with the same sq footage as some of the 2 BR units in this building, it has a large living/dining/office area and new flooring in the living room, hallway and bedroom. Fresh paint throughout highlights stylish electrical fixtures. The BR features 2 Juliette balconies, a large walk-in closet, and is spacious enough for an additional work area. The modern ceramic tiled BA offers shelving to accompany the extra hallway closet. The recently remodeled gourmet kitchen has stainless steel: dishwasher, microwave, refrigerator, gas stove/oven; disposal; and granite countertops. Every floor has laundry facilities; or you can install your own. Amenities include an outdoor pool; clubroom; gym; sauna; outdoor pavillion; storage; pet relief area; garage spaces (rent/sale); and great security... as well as the 24/7 Concierge desk! AND... HOA/CONDO fees include ALL utilities in this pet-friendly Complex. And let's not forget the close proximity to The Wharf, entertainment, parks, restaurants, METRO, I295, I395, I50, Cap Hill, and everything else in the DMV!

Details

Property type

Condominium

Est. home value

$449,709

Lot size

Unknown

Price per sq ft

$393

Year built

1967

Annual property taxes

$3,201

HOA

No

Price History

11/10/2024
Bright

Bright #DCDC2148142

Price change
$389,000
-2.51%
10/25/2024
Bright

Bright #DCDC2148142

Listed
$399,000

Schools & Community

Neighborhood: 

Southwest Waterfront

Elementary school: 

AMIDON-BOWEN

Middle school: 

JEFFERSON MIDDLE SCHOOL ACADEMY

High school: 

WILSON SENIOR

Community features: 

Pool, Sidewalks, 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

$200,903
Asking price
$389,000
Closing costs (~8% of asking)
-$31,120
Est. remaining loan balance
-$156,977
Cash to seller
$200,903

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

December 2022

Original loan amount

$160,000

Est. remaining balance

$156,977

Interest rate

7.08%

Loan type

New Conventional, 30 year

Seller

Cheryl L Duncan

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: 11/14/2024 at 4:40 PM

Listing updated: 11/10/2024 at 10:54 AM

Listed by: Ann S Hayward, Coldwell Banker Realty - Washington Phone #: (202) 387-6180

MLS: Bright #DCDC2148142

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