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$350,000

Beds
2
Baths
2.0
sq ft
781

7723 Alaska Ave NW Unit 302, Washington, DC 20012

7723 Alaska Ave NW Unit 302

WASHINGTON, DC 20012

  • 510 days on market
An amazing condo LOCATED LESS THAN A MILE TO SILVER SPRING METRO at Faircloth Condominium in Shepherd Park is back on the market due to the previous buyer having cold feet. This means a fantastic opportunity for you! DC ASSESSED VALUE IS $420,000.00 YOU CAN BUY IT FOR FOR $70,000.00 BELOW MARKET FOR $350,000.00 WHICH IS A HUGE PRICE IMPROVEMENT The property is now priced below tax assessed value and includes a free parking space valued at $20,000! The parking space is separately deeded but will now be included at no extra cost. The seller is highly motivated, . This luxurious condo features open floor plans, hardwood flooring, custom cabinets, high-end appliances, and marble spa-like baths. With a washer and dryer in-unit, it's a place you'll love calling home. Located near bus routes and minutes away from the Silver Spring Metro, it's perfect for those who need convenient access to downtown, embassies, Georgetown, and Rock Creek Park. Don't miss out on this opportunity. Contact us today to schedule a viewing or get more information.

Details

Property type

Condominium

Est. home value

$386,377

Lot size

Unknown

Price per sq ft

$449

Year built

1959

Annual property taxes

$3,457

HOA

No

Price History

08/16/2024
Bright

Bright #DCDC2102690

Price change
$350,000
+0.86%
07/02/2023
Bright

Bright #DCDC2102690

Listed
$347,000
-19.3%
06/28/2019
Bright

Bright #DCDC308338

Sold
$430,000

Schools & Community

Neighborhood: 

Shepherd Park

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

3Rd Party Individual

Loan start date

May 2023

Original loan amount

$32,500

Est. remaining balance

Not provided

Interest rate

6.28%

Loan type

Commercial, 1 year

Seller

Yohannes Atlaw

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 7:45 PM

Listing updated: 09/23/2024 at 9:27 PM

Listed by: Semere Ambaye, Summer Realtors Inc Phone #: (703) 217-1200

MLS: Bright #DCDC2102690

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