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1250 4th Street Sw
Washington, DC 20024
$249,000
Conventional
Property
Bedroom
--
Bathroom
1
Property Type
Conventional
Square ft
463
Property Description
Welcome home to Carrollsburg Condominium located in the Southwest Waterfront neighborhood in Washington, DC. Carrollsburg is a well-maintained and long-standing staple community of Southwest DC. This sprawling community provides tranquil resort-style living just steps to DC's sparkling waterfront in a neighborhood adorned with mature trees and lush landscapes. The community provides 24-hour Concierge Service, on-site management & building maintenance, a private community pool, community grounds for relaxing outdoors and dining al fresco, secure bike storage, a community room for large events, and garage parking. Carrollsburg Condominium is perfectly located just steps from Safeway, CVS, dry cleaners, and many more day-to-day conveniences for easy living. Enjoy a plethora of DC arts, entertainment, and sporting events surrounding Carrollsburg. Walk to theater shows at Arena Stage just one block away. Take in a DC United Soccer game and Washington Nationals Baseball game within just a few blocks. Enjoy live music, shows, boutique shopping, and some of DC's best-in-class restaurants just a short stroll away on The Wharf waterfront. Be the host with the most when you have guests who can visit the Capitol building, Smithsonian Museums, The National Mall, and other memorials all within walking distance from Carrollsburg. The great outdoors can be enjoyed at nearby Southwest Waterfront Park, King Greenleaf Recreation Center, Lansburgh Park & Dog Park, Randall Recreation Center, Jefferson Fields, and Benjamin Banneker Park. Plus, Hains Point offers biking and jogging paths, indoor and outdoor tennis & pickleball courts, mini-golf, picnic grounds, and a full golf course! With the waterfront at your doorstep, you can enjoy boat rentals, boat charters, paddle boarding, and kayaking. Carrollsburg Condominium is across the street from the Metro and also is conveniently located to several Metrobus lines for carefreely getting around the Metro area. Take a leisurely water taxi ride with views from The Wharf to Georgetown, Alexandria, and National Harbor. Quick access to 395/695 and South Capitol Street makes getting in and out of the city a breeze. This condo community is also approved for FHA and VA Financing buyers. Carrollsburg Condominium offers the home you deserve for the very best of DC living! Features of #W-513: This large Studio with 463sf was thoughtfully and fully renovated throughout in March 2024 with a new kitchen, new bathroom, new flooring throughout, and a new HVAC! Upon entering, natural light welcomes you home. The entry has an oversized multifunctional closet for coats, pantry items, and storage. The kitchen is impeccably finished with white dovetail soft-close cabinetry, a beautiful grey subway tile backsplash, Quartz countertops, stainless steel appliances, gas cooking, a built-in refrigerator, and matte black hardware & lighting.  Gorgeous new wide-plank durable & easy-to-maintain flooring flows throughout this lovely home. Past the kitchen, the open living space presents a smart and thoughtful layout with spacious and efficient living. This large Studio has a dedicated dining space, a living room space, a home office space, and even a king-size sleeping space. The floor plan has versatility for multiple layouts to suit your wants and needs. Large oversized windows and glass doors allow an abundance of natural light & views. The sliding glass doors lead out onto a private covered balcony to enjoy morning coffee, reading outside, happy hour, and dining al fresco. A hallway with linen storage shelves, a wall of oversized clothes closets, and a dressing area, leads to the stunning brand-new bathroom that was tastefully and thoughtfully designed. This home's monthly condo fee of $535.11  includes ALL utilities. Carrollsburg is a pet-friendly community allowing two pets per home. The community is also rental-friendly only requiring a minimum 6-month lease.
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
1967
MLS Number
DCDC2135372
Location
Address
1250 4TH STREET SW
City
WASHINGTON
State
DC
Zip Code
20024
County
WASHINGTON (SE)
Listing
Provider
DC Living Real Estate LLC, original listing
Name
DC Living Real Estate LLC
Phone
(202) 337-0501
Office Name
DC Living Real Estate LLC
Office Phone
(202) 455-6690
Agent Name
Jason Skipworth

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HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

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Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.