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$750,000

Beds
4
Baths
2.5
sq ft
1,224

901 Varnum St NE, Washington, DC 20017

901 Varnum St NE

WASHINGTON, DC 20017

  • 1 day on market
-Great opportunity to buy as a primary residence or as an investment, the property has 90% of the renovation completed. There is very little work to be completed to bring this home to its maximum potential price, which could be $ 850 K. This property will only qualify for loans that include rehab funds, such as FHA 203K, private loans, and CASH. The property is in a great location, walking distance to the Catholic University of America Campus, Brookland Metro Station, Providence Hospital, Trinity Washington University Campus, Brookland, great restaurants, and shopping. The main level is open concept with a living room with a fireplace, a half bath, a Kitchen, and a dining room. The second level has three bedrooms and one full bath, the basement has a full bath, one bedroom, its separate entrance, and a separate electric meter, washer, and dryer. The basement is designed to be independent of the main level for rental purposes if desired. Fellow agents, this is an AS-IS sale. The property renovation is 90% completed, the buyer will have to complete the remaining renovations.

Details

Property type

Townhouse

Est. home value

$588,441

Lot size

2,230 sq ft

Price per sq ft

$613

Year built

1935

Annual property taxes

$22,931

HOA

No

Price History

04/02/2025
Bright

Bright #DCDC2193484

Listed
$750,000

Schools & Community

Neighborhood: 

Michigan 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

Revere Bank

Loan start date

May 2015

Original loan amount

$1,275,000

Est. remaining balance

$0

Interest rate

4.85%

Loan type

New Conventional, 6 year

Seller

Benjamin F Peasant

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: 04/04/2025 at 2:05 AM

Listing updated: 04/02/2025 at 3:31 PM

Listed by: Jose L L Guzman, United Real Estate Phone #: (703) 665-3544

MLS: Bright #DCDC2193484

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