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$319,900

Beds
1
Baths
1.0
sq ft
787

777 7th St NW Unit 532, Washington, DC 20001

777 7th St NW Unit 532

WASHINGTON, DC 20001

  • 3 days on market
Welcome to The Residences at Gallery Place. Live in the heart of downtown DC. In the same building as the Capital One Arena, you'll have easy access to concerts, Wizards and Caps games, and other events. Restaurants, museums, and other places to go nearby. You'll also be close to all the DMV has to offer as the Gallery Place - Chinatown Metro station is just steps away. This 5th floor, 1 bedroom, 1 bath condo includes one of the few and rarely available 150 sq ft storage rooms in the building - located just across the hall (also included in the square footage of the unit). Enjoy the large open floor plan. Shaker style cabinets, granite counter tops and breakfast bar. Plenty of sunlight. Luxury amenities include 24/7 concierge, fitness center, party room, rooftop terrace, and business center. Being sold AS-IS. With a bit of TLC, this condo can shine. Schedule your appointment today!

Details

Property type

Condominium

Est. home value

$370,366

Lot size

Unknown

Price per sq ft

$407

Year built

2005

Annual property taxes

$1,205

HOA

No

Price History

07/03/2024

Bright #DCDC2148884

Listed
$319,900
-3.03%
07/01/2024

Bright #DCDC2122128

Removed
$329,900
12/18/2023

Bright #DCDC2122128

Listed
$329,900

Schools & Community

Neighborhood: 

Chinatown

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

$125,312
Asking price
$319,900
Closing costs (~8% of asking)
-$25,592
Est. remaining loan balance
-$168,996
Cash to seller
$125,312

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

Seller’s Loan History

Lender

Finance Of America Mortgage

Loan start date

February 2016

Original loan amount

$204,000

Est. remaining balance

$168,996

Interest rate

3.96%

Loan type

Not Provided, 30 year

Seller

Cheryl E Fine

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 10:20 PM

Listing updated: 07/04/2024 at 4:44 AM

Listed by: LaToya Smith, Taylor Properties Phone #: (301) 970-2447

MLS: Bright #DCDC2148884

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