tomo logo

$190,000

Beds
1
Baths
1.0
sq ft
682

939 Longfellow St NW Unit 2, Washington, DC 20011

939 Longfellow St NW Unit 2

WASHINGTON, DC 20011

  • 9 days on market
PERFECT CASHFLOW INVESTMENT PROPERTY. The Condo Connection is please to present this 1-bedroom condo located in the Petworth neighborhood, with very easy access to Georgia Ave. Metro (green line), bus, walking distance to Walmart (7 min), and 15 minutes to downtown DC and 395 Interstate. Features include hardwood floors, easy to furnish floor plan, large, galley-style kitchen, stainless-steel appliances, excellent natural lighting, washer/dryer in building (credit cards accepted), and a quiet neighborhood. With a Walkscore of 88, most errands can be accomplished on foot or by bike. 2024 tax assessment is $239,730. 48/Hrs advanced showing notice required.

Details

Property type

Condominium

Est. home value

$195,189

Lot size

Unknown

Price per sq ft

$279

Year built

1940

Annual property taxes

$552.6

HOA

Yes

Price History

09/07/2024
Bright

Bright #DCDC2158092

Listed
$190,000
08/06/2024
Bright

Bright #DCDC2106228

Removed
$190,000
05/13/2024
Bright

Bright #DCDC2106228

Pending
$190,000

Schools & Community

Neighborhood: 

Brightwood Park

Elementary school: 

TRUESDELL

Middle school: 

DEAL

High school: 

ROOSEVELT HIGH SCHOOL AT MACFARLAND

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

$41,537
Asking price
$190,000
Closing costs (~8% of asking)
-$15,200
Est. remaining loan balance
-$133,263
Cash to seller
$41,537

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

May 2020

Original loan amount

$146,231

Est. remaining balance

$133,263

Interest rate

3.33%

Loan type

New Conventional, 30 year

Seller

Michael A Knowlin Ii

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: 09/16/2024 at 1:55 PM

Listing updated: 09/07/2024 at 10:36 AM

Listed by: Tyrone Harris, The Condo Connection, LLC Phone #: (202) 669-1481

MLS: Bright #DCDC2158092

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