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1000 New Jersey Ave SE Unit 514 , Washington, DC 20003
$525,000
Est. Payment: $2,912.87/mo
2 Bed
2 Bath
1020 Sqft
Status: active | Days on site: 57
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LNG338 - 3010267,3021406
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House Description

A COMPELLING OPPORTUNITY at CAPITOL HILL TOWER A FINANCING STRUCTURE WORTH HIGHLIGHTING 2BR/2BA | $132K Underlying Mortgage at 2.89% interest rate—a significant advantage in today’s market. The $525,000 asking price includes an underlying mortgage balance of approximately $132,206 at a low 2.89% interest rate. After accounting for the underlying mortgage, the remaining purchase amount is approximately $392,794. Co-op maintenance fees: $594, DC Real Estate Taxes: $302, Underlying Mortgage Payment: $$566 – Total monthly payment =$1,462 Welcome to this spacious two-bedroom, two-bath residence offering a comfortable floor plan, attractive wood flooring, and excellent storage. The open living and dining area provides plenty of room for entertaining, working from home, or simply relaxing, while the breakfast bar creates an easy connection to the kitchen. The kitchen features granite countertops, generous cabinetry, gas cooking, dishwasher, and breakfast bar. Both bedrooms provide the privacy and flexibility buyers are looking for, whether used as two bedrooms or as a primary suite plus guest room/home office. A large walk-in closet provides exceptional additional storage. Major systems have already been recently replaced—a significant benefit for the next owner—including a new HVAC system and water heater in 2025, plus a washer and dryer installed in 2024. The convenience of in-unit laundry completes the home's practical appeal. Capitol Hill Tower offers a convenient Navy Yard location close to Metro, Capitol Hill, Nationals Park, Audi Field, the waterfront, restaurants, cafés, shopping, and neighborhood parks, with easy access to major commuter routes. Space, location, recent mechanical upgrades, and an underlying mortgage at only 2.89% combine to make #514 an especially interesting opportunity for buyers seeking a two-bedroom home in Navy Yard. Parking License with maintenance fee of $99.00 per month. No Rental restrictions - but a 6-Month minimum lease is required.

Highlights

Listed by Oyingtare A Youdeowei , 3014047678 and Dolores M Maloney , 2402237992 Long & Foster Real Estate, Inc. , 2029661400. Bright MLS

Property Type

Condo

Year Built

2006

County

Washington

Neighborhood

Navy Yard

School District

District Of Columbia Public Schools

Listing ID

DCDC2283068

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:2
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:2
Air Cond:Central A/C
Fireplaces:
Above Ground Sq Ft:1020
Other:
  • ▪ Main Floor Bedrooms:2
  • ▪ Additional:Size/Weight Restriction, Pets Allowed
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No
Garage Capacity:1
Zoning:DCOZ
Others:
  • ▪ Additional:Billiard Room, Club House, Common Grounds, Concierge, Elevator, Exercise Room, Party Room, Meeting Room, Pool - Indoor, Ext Bldg Maint, Common Area Maintenance, Custodial Services Maintenance, Pool(s), Recreation Facility, Underlying Mortgage
Sewer:Public Sewer
Parking Features:Basement Garage,Attached Garage,1+ Spaces
Principal Interest
$2,913
Taxes
$302

Home Price

$525,000

Loan Details

30 yrs
7.417%

Down Payment

20%
$105,000
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:
$2,912.87

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $2,912.87 $302.00 $594.00 $3,808.87
Yearly $34,954.41 $3,624.00 $7,128.00 $45,706.41
Total $1,048,632.31 $108,720.00 $213,840.00 $1,371,192.31
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