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718 Park Rd NW Unit 2 , Washington, DC 20010
$369,400
Est. Payment: $2,049.55/mo
2 Bed
1 Bath
707 Sqft
Status: active | Days on site: 84
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RLAH1 - 3314938,3065155
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House Description

RARE FINANCING OPPORTUNITIES! 3.25% ASSUMABLE VA LOAN WITH LESS THAN A 10% GAP TO COVER! With approximately $340,000 remaining on the existing loan, qualified buyers have the opportunity to assume an incredibly attractive 3.25% interest rate, with an estimated gap of just $29,400 (less than 8% of the asking price)! Loan assumption is subject to servicer approval, buyer qualification, and applicable VA requirements. MORE WAYS TO SAVE! UP TO $13,000 IN POTENTIAL COMBINED CREDITS! The seller is offering an $8,000 CREDIT toward a 2-1 mortgage rate buydown OR eligible closing costs with an offer ratified by NOVEMBER 30, 2026! A 2-1 buydown temporarily reduces the buyer's interest rate by 2 percentage points in year one and 1 percentage point in year two before returning to the original note rate in year three. PLUS, eligible buyers may qualify for up to an ADDITIONAL $5,000 IN LENDER CREDITS toward closing costs through a designated lender! First-time homebuyer status is not required. Minimum credit score of 620, applicable income limits, and other qualification requirements apply. Contact the listing agent for financing details! Discover this beautifully upgraded condo tucked away in an intimate 8-unit boutique building, offering the perfect blend of modern style, comfort, and convenience. Step inside to gorgeous white-oak hardwood floors and an inviting open layout. The thoughtfully redesigned kitchen maximizes every inch of space with custom cabinetry featuring organizational inserts, stainless-steel appliances, a gas range, gleaming granite countertops, and chic open shelving. Every detail has been thoughtfully refreshed, including crisp new paint, modern light fixtures, a Nest thermostat, an elegantly updated bathroom, a new water heater (2024), and full-sized in-unit laundry. The building also features a newly installed ButterflyMX smart intercom system and dedicated bike storage. And with LOW MONTHLY CONDO FEES OF JUST $281.18, this home offers exceptional value! High-speed internet options are available through Comcast and Verizon Fios. With an incredible 97 WALK SCORE, the best of DC is right outside your door! Perfectly situated between the Columbia Heights and Georgia Ave–Petworth Metro stations, you're just blocks from neighborhood favorites like Call Your Mother, St. Vincent Wine Bar, Hook Hall, and Queen's English. Enjoy nearby green spaces and recreation at the Columbia Heights Community Garden, Bruce Monroe Community Park, and Park View Recreation Center. STYLISH UPGRADES, LOW CONDO FEES, AN UNBEATABLE LOCATION, AND EXCEPTIONAL FINANCING OPPORTUNITIES! Whether you're looking to take advantage of the assumable VA loan or explore available closing cost and rate buydown incentives, this is an opportunity worth exploring. Schedule your private showing today! Financing incentives are subject to buyer qualification, lender and servicer approval, program eligibility, negotiated terms, and applicable contribution limits. Seller credit and lender credit may be combined only where permitted by the applicable loan program. The estimated VA assumption gap excludes closing costs and other transaction expenses.

Highlights

Listed by Marina Sorbie , 2023200176 and Russell Brazil , 3018934635 RLAH @properties , 3016520643. Bright MLS

Property Type

Condo

Year Built

1950

County

Washington

Neighborhood

Columbia Heights

School District

District Of Columbia Public Schools

Listing ID

DCDC2279320

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:2
  • ▪ Bathrooms:1
  • ▪ Full Bathrooms:1
Appliances:Dishwasher, Disposal, Microwave, Oven/Range - Gas, Refrigerator, Dryer - Front Loading, Washer - Front Loading
Air Cond:Central A/C
Fireplaces:
Floor:Engineered Wood,Hardwood
Above Ground Sq Ft:707
Other:
  • ▪ Main Floor Bedrooms:2
  • ▪ Additional:Kitchen - Galley, Combination Dining/Living, Upgraded Countertops, Window Treatments, Wood Floors, Floor Plan - Traditional, Number Limit, Cats OK, Dogs OK, Pets Allowed
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No,In City Limits
Zoning:Residential Flat Zone 1
Others:
  • ▪ Additional:Excellent, Sewer, Water, Common Area Maintenance, Ext Bldg Maint, Insurance, Reserve Funds
Sewer:Public Sewer
Parking Features:On Street
Principal Interest
$2,050
Taxes
$180

Home Price

$369,400

Loan Details

30 yrs
7.417%

Down Payment

20%
$73,880
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,049.55

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $2,049.55 $179.58 $281.18 $2,510.31
Yearly $24,594.59 $2,155.00 $3,374.16 $30,123.75
Total $737,837.67 $64,650.00 $101,224.80 $903,712.47
Lender profile image
Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Washington, DC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-14T11:13:36.000Z

© 2026 Bright MLS