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$325,000

Beds
2
Baths
1.0
sq ft
697

738 Longfellow St NW Unit 216, Washington, DC 20011

738 Longfellow St NW Unit 216

WASHINGTON, DC 20011

  • 156 days on market
    • Price drop $25,000↓
Welcome to this inviting 2-bed, 1-bath corner unit condo nestled in a boutique building in Petworth! Step inside and be welcomed by an open floor plan that seamlessly blends the kitchen, living, and dining areas, all bathed in natural light from the ample windows of this corner unit. The space is enhanced by beautiful laminate hardwood flooring throughout. The kitchen boasts granite countertops, stainless steel appliances, a built-in wine rack, and maple cabinets. Both bedrooms offer generous space, providing comfort and flexibility, and share a well-appointed full bathroom. For added convenience, the condo includes an in-unit washer and dryer. Additionally, secure parking space is available for an additional $25,000. Immerse yourself in the vibrant Petworth neighborhood, with its array of local restaurants, bars, cafes, grocery stores, and parks all just a short stroll away. This condo offers the perfect blend of urban living and neighborhood charm. Schedule a showing today to experience it for yourself! All square footage is approximate and not to be used for property valuation. Please note that some photos are virtually staged

Details

Property type

Condominium

Est. home value

$299,277

Lot size

Unknown

Price per sq ft

$467

Year built

1900

Annual property taxes

$1,697

HOA

No

Price History

07/31/2024
Bright

Bright #DCDC2146416

Price change
$325,000
-7.14%
06/20/2024
Bright

Bright #DCDC2146416

Listed
$350,000

Schools & Community

Neighborhood: 

Brightwood 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

$127,688
Asking price
$325,000
Closing costs (~8% of asking)
-$26,000
Est. remaining loan balance
-$171,312
Cash to seller
$127,688

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

Seller’s Loan History

Lender

Cardinal Financial Compan

Loan start date

March 2009

Original loan amount

$258,960

Est. remaining balance

$171,312

Interest rate

5.1%

Loan type

FHA, 30 year

Seller

Paula G Young

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 9:15 PM

Listing updated: 10/28/2024 at 10:04 AM

Listed by: Jennifer S Smira, Compass Phone #: (202) 386-6330

MLS: Bright #DCDC2146416

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