1668 Tamarack Street Washington, DC 20012-1035

COLONIAL VILLAGE SUBDIVISION

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REDUCED PRICE: $619,000 AS-IS

30-DAY OR LESS CLOSING

PROPERTY DESCRIPTION:

Built 1954 detached single family residential. BUYER(S) AND/OR FINDER FEE PAID BY THE SELLER. Direct Buyer(s) only.    

  • 5 Bedrooms and 3 baths
  • Inground pool in rear
  • Upgraded roof, HVAC System, hotwater heater, and windows
  • Master suite w/ office
  • Hardwood flooring
  • Walking distance to public transporation
  • Off-street parking
  • Schools and Universities less than 1 mile

 

REAL ESTATE TRENDS

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Average list price:    719K

Sales price in neighborhood is 20% (2.86%) increase compared to 2015. Median sales price 700k.  Local housing market data indicate there are 56.6% owner-occupied units and 8.3% vacant dwellings; rental units make up a small percentage within Colonial Village.

BUYER AGENTS AND INVESTORS:

To schedule a showing and to obtain showing instructions contact:

Brownstone Diamond Properties @240-339-4138

Alternative Contact: Myrtis Brown 301-379-3712

email:  brownstonetransitionalhomes@gmail.com

 

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TRADITIONAL SALES VS. SHORT SALES

TRADITIONAL SALES-PROS

  • 30-day or less closing
  • 6-month hold restriction does not apply
  • Higher appreciation values
  • Investors can renovate, list, and sale in completion of projects

SHORT SALES/REO

  • Requires 3rd party bank/investor approval on all executed sales contracts
  • Up to a 90-day waiting period when offer is submitted to bank for approval of the sale
  • 3rd party BPO ordered by Bank/Lender
  • 6-month hold restriction   **See Fannie Mae HomePath requirements
  • Acquisition process may take up to 3 months to 1 year
  • Perfect for 1st time homebuyers and investors

 

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