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3520 Ely Place Southeast

Washington DC 20019

4
4743 sq. ft.
4128 sq. ft.
Duplex
Currently for sale - view listing

Overview

"WHO WOULD BE OPEN TO SAVE ABOUT $1M, YES $1,000,000 in Total interest paid thru out the course of the loan??? ASSUMABLE FHA LOAN UNDER 3% FIX 29 YEARS LEFT A quick context for owner occupied buyer this property at $1,050,000 loan amount financed at 30 year fix, current 6.8% interest rate would cost you $7000 monthly payment (P&I) , and about $2.5M total cost of the loan by the pay off date 2053 If you qualify YOU can assume the existing seller's FHA 30 year fix about 2.8%, which comes about $4,361 in monthly payment (P&I), only about $1.5M total cost of the loan" Buyer must cover the difference between assumable loan and sale price or secure a 2nd trust. * Units are fully occupied and yet unit #2 is soon to be vacant, Tenant already gave a move out notice. please see showing instructions for best time and day to view the units. Thanks

Features

4 bedrooms
4743 sq. ft. floor area
4128 sq. ft. lot size
Duplex

Property history for 3520 Ely Place Southeast

2021
Sold
$1,100,000
08 Oct 2021 by Ronald Edwards, of Compass
2020
Sold
$762,000
03 Aug 2020 by Nikki Cooper, of Compass

Happy sellers in Washington

~%

We have insufficient information to provide an overview of customer satisfaction for Washington. Viewing the agent profiles, reviews and sales for Washington can provide insights for this location.

Local market activity for 4 bedroom duplexes in Washington

In the last 12 months, 14 four-bedroom duplexes similar to 3520 Ely Place Southeast, have been sold.

This represents a 37% increase in four-bedroom duplexes sales when compared to the previous 12 months.

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