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$600,000

Beds
4
Baths
2.0
sq ft
1,488

837 Decatur St NW, Washington, DC 20011

837 Decatur St NW

WASHINGTON, DC 20011

  • Pending
Welcome to this amazing opportunity in the sought-after Petworth neighborhood less than 1 mile from the Georgia Ave-Petworth Metro! This is the perfect conventional rehab, Fannie Mae HomeStyle Renovation or FHA 203k for you to create your primary residence. This 3-level home has plenty of room with 3 bedrooms and 1 bathroom on the top floor, an easy flow layout on the main level with galley kitchen, living, dining, and family rooms. The lower level has 1 bedroom with full bath, laundry area, family room plus new water heater (June 2022). The rear of the property has space for 2 car parking plus a paved backyard terrace. Plus enjoy all that Petworth has to offer within walking distance - Safeway, Yes! Organic Market as well as many DC restaurant favorites including Honeymoon Chicken and Menya Hosaki. Don't miss out on this great opportunity! Sold As-Is. Property is tenant occupied.

Details

Property type

Townhouse

Est. home value

$603,351

Lot size

1,620 sq ft

Price per sq ft

$404

Year built

1925

Annual property taxes

$5,384

HOA

No

Price History

11/04/2024
Bright

Bright #DCDC2096740

Pending
$600,000
09/05/2024
Bright

Bright #DCDC2096740

Listed
$600,000
06/01/2024
Bright

Bright #DCDC2096740

Pending
$600,000

Schools & Community

Neighborhood: 

Petworth

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

$288,806
Asking price
$600,000
Closing costs (~8% of asking)
-$48,000
Est. remaining loan balance
-$263,194
Cash to seller
$288,806

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

Seller’s Loan History

Lender

New Penn Financial Llc

Loan start date

August 2016

Original loan amount

$345,000

Est. remaining balance

$263,194

Interest rate

3.48%

Loan type

New Conventional, 25 year

Seller

Jewel Spencer-Bey Revocable Trust

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: Pending/Under Contract

Tomo last checked: 11/04/2024 at 3:45 PM

Listing updated: 11/03/2024 at 9:23 PM

Listed by: Roger Taylor, Compass Phone #: (202) 386-6330

MLS: Bright #DCDC2096740

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