2642 Birney Place, Se Unit #101, Washington, DC 20020

$129,900
1
BD
1
BA
525
SqFt

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List Price
$129,900
Days on Market
346
Status
ACTIVE
MLS#
DCDC2215930
Bedrooms
1
Bathrooms
1
Full Baths
1
Living Area
525
Style
Converted Dwelling, Unit/Flat
Year Built
1952
County
Washington DC
School District
District Of Columbia Public Schools

Property Description

Not a lease...an unusual offer of a delayed purchase option to create homeownership. Remodeled 1BR Accessible market rate Co-op Unit is available for Sale with conventional financing at the List Price of $129,900, OR based on Listing DCDC2215926, a qualified Buyer can enter into 2 or 3 year installment sale agreement to occupy while qualifying to purchase. Installment plan requires $1,300 down payment/deposit, $1,050 monthly pre-settlement use fee, $1,150 use fee in months 13-24 then $1,250. Buyers in good standing after first 12 months, eligible to buy with deferred payment down payment assistance of up to 20% of price ($25,980 max) from Seller (3%annual simple interest charge max $779.40/year). Buyer can seek share loan and apply for HPAP to achieve a lower monthly cost. Coop operating assessment is $210/month (for water, sewer, trash, grounds, halls, common element mtce, insurance and RE Tax). Requires Installment Purchase agreement (to ensure price and assistance) with Buyer termination and extension rights. Buyer cleans pays elec and gas. Seller does normal maintenance, As Is sale.

Additional Information

Subdivision
Barry Farms
Building Name
New Parkchester Housing Co-Op
Taxes
$3481
Condo Fee
$210
Interior Features
Window Treatments, Other
Amenities
Basketball Courts, Common Grounds, Community Center, Exercise Room, Fax/Copying, Other
School District
District Of Columbia Public Schools
Elementary School
Savoy
Middle School
Kramer
High School
Anacostia
Community Amenities
Basketball Courts, Common Grounds, Community Center, Exercise Room, Fax/Copying, Other
Heating
Forced Air, Central
Heating Fuel
Natural Gas
Cooling
Central A/C, Roof Mounted
Roof
Tar/Gravel
Utilities
Cable TV Available, Electric Available, Natural Gas Available, Water Available
Water
Community
Sewer
Public Sewer
Room Level
Kitchen: Main, Laundry: Main, Bathroom 1: Main, Living Room: Main, Bedroom 1: Main

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of The Kriegsfeld Corporation. Contact: 2022712005