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$525,000

Beds
2
Baths
2.0
sq ft
1,005

809 6th St NW Unit 14, Washington, DC 20001

809 6th St NW Unit 14

WASHINGTON, DC 20001

  • 51 days on market
**BEST VALUE IN GALLERY PL/CHINATOWN** Now this is easily the BEST value in Gallery Place - calling all owner-occupiers AND investors! Over 1000SF, legal 2BR (window & closet)/2BA raised (not ground floor) corner unit on the QUIET side of the building is seconds to Chinatown/Penn Quarter/City Center & Mt Vernon Sq yet a quiet retreat. Wood floors, accent lighting, HUGE living area with easily enough space for separate dining as well a multiple furniture layouts, large baths, oversized closets with shelving, kitchen w/ SS appliances & plentiful cabinets. Concrete construction with NO neighbors below you, and elevator ride to lovely roofdeck with wonderful 360-degree views! Active association in professionally-managed, pet-friendly (2 pets max per unit) community. Plenty of street options and GARAGE RENTAL PARKING available across street.

Details

Property type

Condominium

Est. home value

$557,915

Lot size

Unknown

Price per sq ft

$523

Year built

2005

Annual property taxes

$3,726

HOA

No

Price History

05/16/2024
BrightMLS

BrightMLS #DCDC2132742

Removed
$529,900
+0.93%
05/16/2024

Bright #DCDC2141362

Listed
$525,000
-1.85%
03/15/2024
BrightMLS

BrightMLS #DCDC2118924

Removed
$534,900
+0.94%

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

$231,679
Asking price
$525,000
Closing costs (~8% of asking)
-$42,000
Est. remaining loan balance
-$251,321
Cash to seller
$231,679

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

Seller’s Loan History

Lender

Potomac Mortgage Group Inc

Loan start date

May 2020

Original loan amount

$274,000

Est. remaining balance

$251,321

Interest rate

3.5%

Loan type

New Conventional, 30 year

Seller

Ritchie F Ge

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 10:30 PM

Listing updated: 06/20/2024 at 6:32 PM

Listed by: Trent D Heminger, Compass Phone #: (301) 298-1001

MLS: Bright #DCDC2141362

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