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$450,000

Beds
1
Baths
1.0
sq ft
880

929 Florida Ave NW Unit 7001, Washington, DC 20001

929 Florida Ave NW Unit 7001

WASHINGTON, DC 20001

  • 32 days on market
Welcome to the perfect home for the single, active, urban Washington professional. Located mere steps from a Metro station and yards from the historic 9:30 Club and a sprawling new Whole Foods, this one-bedroom condominium offers a unique, open, layout. Typical listings of similar size present little more than a cluster of tiny rooms while the open floor plan, ultra-high ceilings and a full window wall of this unit are a breath of fresh air. It’s complimented by a generous balcony bathed in sunlight, a full laundry room with high-end washer and dryer, significant closet and storage space and a modern, fully-equipped kitchen and island. The loft-style bedroom offers privacy and space for a king bed and dressers. Known for unique architecture, the Floridian was the vanguard structure of one of the city’s most rapidly-maturing exciting new neighborhoods. Minutes by Metro from any point in the city, the occupant won’t find need to own a vehicle though spaces in the underground garage are frequently offered. Also perfect as a corporate holding for visiting senior executives. Available for immediate occupancy, this unit is priced significantly below its potential in consideration for today’s markets. Schedule your visit soon...

Details

Property type

Condominium

Est. home value

$559,624

Lot size

Unknown

Price per sq ft

$512

Year built

2006

Annual property taxes

$4,701

HOA

No

Price History

06/06/2024

Bright #DCDC2144240

Listed
$450,000
05/31/2024
BrightMLS

BrightMLS #DCDC2135172

Removed
$450,000
05/25/2024
BrightMLS

BrightMLS #DCDC2135172

Price change
$450,000
-5.26%

Schools & Community

Neighborhood: 

Shaw

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

CARDOZO EDUCATION CAMPUS

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

$79,857
Asking price
$450,000
Closing costs (~8% of asking)
-$36,000
Est. remaining loan balance
-$334,143
Cash to seller
$79,857

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

Seller’s Loan History

Lender

Suntrust Bank

Loan start date

November 2018

Original loan amount

$370,000

Est. remaining balance

$334,143

Interest rate

4.71%

Loan type

New Conventional, 30 year

Seller

Sujin Lee

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: 07/03/2024 at 1:35 PM

Listing updated: 06/19/2024 at 5:33 PM

Listed by: John Williams, RE/MAX Realty Services Phone #: (301) 652-0400

MLS: Bright #DCDC2144240

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