1422 Shepherd Street Northwest, Unit 1
$324,900
2
2
1,001
1,001
$325
Closed 6/27/24
Description
Buyer financing fell thru . Back on the market! Reduced! Please email agent with all questions. All income eligibility requirements are in the document section of this listing. Any additional questions Must be submitted via email and will not be serviced over phone. Newly renovated! $500 credit to use Community Title. This home is a part of the District's Vacant to Vibrant program. PADD units, household must earn less than 80% area median income (AMI) & meet household size requirements. All prospective...Buyer financing fell thru . Back on the market! Reduced! Please email agent with all questions. All income eligibility requirements are in the document section of this listing. Any additional questions Must be submitted via email and will not be serviced over phone. Newly renovated! $500 credit to use Community Title. This home is a part of the District's Vacant to Vibrant program. PADD units, household must earn less than 80% area median income (AMI) & meet household size requirements. All prospective buyers must be approved with DHCD. Home Purchase Assistance Program (HPAP)
The Home Purchase Assistance (HPAP) program provides interest-free loans and closing cost assistance to qualified applicants to purchase single family houses, condominiums, or cooperative units in the District. The loan amount is based on a combination of factors, including income, household size, and the amount of assets that each applicant must commit toward a property's purchase. The loan is subordinate to a private first trust mortgage. Eligible applicants can receive a maximum of $202,000 in gap financing assistance and an additional $4,000 in closing cost assistance. The HPAP loan for borrowers with incomes below 80 percent of the area median income (AMI) is deferred until the property is sold, refinanced to take out equity, or is no longer their primary residence. Moderate-income borrowers who earn between 80 percent and 110 percent AMI will have payments deferred for five years with a 40 year principal-only repayment period.
The Home Purchase Assistance (HPAP) program provides interest-free loans and closing cost assistance to qualified applicants to purchase single family houses, condominiums, or cooperative units in the District. The loan amount is based on a combination of factors, including income, household size, and the amount of assets that each applicant must commit toward a property's purchase. The loan is subordinate to a private first trust mortgage. Eligible applicants can receive a maximum of $202,000 in gap financing assistance and an additional $4,000 in closing cost assistance. The HPAP loan for borrowers with incomes below 80 percent of the area median income (AMI) is deferred until the property is sold, refinanced to take out equity, or is no longer their primary residence. Moderate-income borrowers who earn between 80 percent and 110 percent AMI will have payments deferred for five years with a 40 year principal-only repayment period.
- Listed by Antoinette L Khatib • Metropolitan Realty LLCP: (703)-303-5000 antoinette@metropolitanrealty.co
Property Details for 1422 Shepherd Street Northwest, Unit 1
Tax ID Number
2693//2262
OwnershipCondominium
Condo Coop AssociationNo
HOANo
Structure TypeInterior Row/Townhouse
StyleColonial
Levels/Stories3
WaterfrontNo
LISTING UPDATED: 06/27/2024 03:51 PM
Property Details for 1422 Shepherd Street Northwest, Unit 1
Status | Closed |
---|---|
MLS # | DCDC2076504 |
Days on Market | 474 |
Taxes | $2,670 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Condo |
MLS Type | Residential / Condo |
Year Built | 1920 |
County | District of Columbia |
Building Information for 1422 Shepherd Street Northwest, Unit 1
Building/ComplexCOLUMBIA HEIGHTSFloor-Stories3Residences-Pet Policy-Year Built1920
Property Information for 1422 Shepherd Street Northwest, Unit 1
Property History for 1422 Shepherd Street Northwest, Unit 1
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1422 Shepherd Street Northwest, Unit 1
Taxable ValueLand$157,210Additions$170,690Total$327,900
Tax Record2024$2,658 ($222 / month)
Home Facts
Beds2Total Finished SqFt1,001 SqFtAbove Grade Finished SqFt1,001 SqFtLot Size650 SqFtStyleCondominiumYear Built1920Year Renovated2020CountyDISTRICT OF COLUMBIAAPN2693 2262
Schools near 1422 Shepherd Street Northwest, Unit 1
This home is within District Of Columbia Public Schools.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Powell Elementary School PublicPK to 5 | ||
MacFarland Middle School Public6 to 8 | ||
Roosevelt High School @ MacFarland Public9 to 12 | ||
Roosevelt STAY High School @ MacFarland Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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