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Washington Below Appraisal Deal! Priced $60,980 Below Appraisal!
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Priced $60,980 Below Appraisal!


Priced $60,980 Below Appraisal!!
DealScan Analyzed over 25 Metrics to Select this Property!!

Washington DC | 2/3 | $699,900 | 5.8 Deal-Score Happy-Adanced-Analytics Identified this deal & makes it easy for you to make an offer.

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What Makes this a Potentially Good Deal?
Happy PropertyScan™ Technology analyzed metrics not available on Zillow, Trulia or anywhere else.
   
Appraised at $760,880 but Asking $699,900.
$79,100 Below p1Appraisal
$42,861 Below realAppraisal
Listed 126 Days Ago! Seller may now be motivated.


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Potential Property Metrics
Asking Price: $699,900
Reccommended Offer:$561,295
Repair Estimate: $7,301
Total Investment Estimage$568,596
Potential Value After Repairs:$733,431
Potential Profit / Discount $125,447
 

Values are estimates generated by Happy Investor advanced analytics and are not a guarantee of profits. Use these numbers as guidance while also doing your own research, research with a Realtor or other experts.

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Potential $125,447.00 Profit*

Property is Priced Well Below Online Appraisal Values! Make Offer.
Address: Get Free Account To View!
City: Washington
State: DC
Zip: 20001
First Listed: 10/5/2022
Year Built: 2006
Contact: Get Free Account To View!
Phone: Get Free Account To View!
Price: $699,900.00
Online Appraised Value: $760,880.00
Original Price:$699,900.00
Beds/Baths/Sq. Feet: 2/3 | 1101
Property Notes: Investment Rental Property





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Property Description

Welcome home to this lives-like-a-house, 2-level condo around the corner fr...........
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............om the U Street Metro! Perfectly situated in the heart of U Street, be...........

 

Property Genius Advanced Analytics

PROPERTY ADDRESS: View Here

Profit/Loss Potential Analysis (C)
Current Asking Price$699,900 Original asking price of $699,900. Listed on Market 126 days ago.
Your Reccommended Offer Price! (V) $561,295 Offer Price Based on ** Already being on market for 126 days. ** Comments on property indicating the seller is motivated (Investment Rental Property)
If more than 1 out of 5 of your offers are being accepted, you are offering too much. Be disiplined! 126 Days on Market. (Property has been listed for 126 Days. Seller should be MOTIVATED to consider a low offer.) | Original List Date: 10/5/2022
Estimated Repairs based on property age and square footage $7,301 Adjust this number based on images below! Property was built in 2006 and has 1101 Square Feet!
Total Investment$568,596Need Financing to Do This Deal? Contact our Customer-Assistance Office Here
Estimated Selling Price after repairs/updates$733,431!! $733,431 ARV Estimate was determined using a combination of the following:
* $60.00 Value Estimate based on property being worth the original listing price of current seller after repairs are made, PLUS double the dollar armount of repairs you make to the property.
* $798,924 Value Estimate based on property being worth 5% more than 3rd Party Appraised Value of $760,880 after updates and repairs. Determined by Analyzing Tax Value, Online Appraisals, Value-Added from Repairs & More.
Estimated Net Received on Sale$694,044 (Hire a 1% Listing Realtor to sell home. Buyer's agent will collect 3% of sales price at closing. $500 title Policy. 1% of sales price title insurance expense. Wise to do $0 seller concessions. Pay pro-rated property taxes.
Potential Net Discount *$125,447 These numbers were generated by our Property Genius algorithms. Do additional due diligence by looking at comparable sales, having a real estate expert review the deal, and getting an inspection.





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