202-449-8525

"I do not write many reviews, but I am doing so for Nate because I feel I owe him one. He shepherded me through what had to be one of the most difficult and complicated first-time home-buying experiences ever. I know a lot of agents can say they are understanding when it comes to buyers like me, but I feel my circumstances were particularly trying and really showed his dedication to his work.1. Narrowing the search:I was looking for an affordable one-bedroom apartment. With the help of the polygon map search tool on the Capital Park Team website, I identified several attractive properties in the Southwest Waterfront. I then went in search of a realtor and interviewed several before ultimately selecting Nate. Nate is personable, direct, and has expert knowledge on the history and management of many of the major properties in the neighborhood. He patiently and diligently explained to me the differences between coops and condos, both in terms of fee structure and how to factor in utilities, taxes, and any underlying mortgage. We went on several visits to Southwest and must have toured more than a dozen units before I made my decision. I did not sign a buyer agency agreement until I had selected a unit and was ready to make an offer. It turns out the search was not to be the hard part of the process.2. Getting to a contract:The unit I wanted was in a coop that had such a low owner-occupancy rate my regular bank would not provide financing. Nate helped me to find a new lender that had a good reputation at the co-op and was willing to take the loan, and got the necessary documentation together so I could get preapproved. He then produced comps to help me build an offer (which ended up being much lower than my original guess). After coming to terms with the seller on price, one big unknown remained: the tenant. Nate had warned me about the potential complications given DC tenant rights, and we made signing the TOPA affidavit a condition of the contract. Still I went more than a month without any confirmation the tenant was actually going to leave. During this time Nate mediated discussions with the seller and helped to manage my anxiety as I fretted over when to give notice on my own apartment and meanwhile watched new units come on the market.3. Getting to closing:Closing was ultimately only delayed by two weeks, but that is where my real troubles began. The week before closing I started getting calls from my lender (not the original loan officer, but the mortgage processors in the back office) asking for last-minute paperwork. After each call they assured me I was now ready to go. However, the day of closing, with both parties at the table and me with my 20% down payment in hand, and despite numerous phone calls and confirmations that very morning, my lender simply failed to show. Nate negotiated a pre-settlement occupancy agreement with the seller (since I had contractors lined up to start painting that weekend) and worked with the settlement company to reschedule for the following week. He also played nanny to the lender in the interim, ensuring that this time when they said the paperwork would be ready it actually was.Buying your first home is stressful enough, but thanks to an uncooperative tenant and an unfathomable lender, my experience was particularly nerve-wracking. Through it all Nate was a constant source of support and guidance. And while it may have taken longer than I would have liked, I am very happy with my new apartment. It also needs to be mentioned that Nate did all of this for a relatively low-end client (under $300K) which just shows that he cares about the job. We went for drinks afterwards to celebrate.I would not hesitate to recommend Nate Ward and Capital Park Team to anyone looking to buy in DC." Read More

700 7th St Sw #731, WASHINGTON

$389,999

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1 Bed

1 Bath

740 Sqft

0 Acre

1 Parking

Spacious 740 sqft 1BR/1BA available in Southwest, just in time to enjoy summer at the Wharf DC! This condo features a large kitchen, dining area, and light-filled living room with private balcony, perfect for enjoying your morning coffee with views of the Washington Monument. Light also fills the spacious bedroom, boasting two large windows and pleasant views. Ample storage throughout and custom shelving units in the front entry and bedroom. Town Square Towers features amenities galore with a 24-hour concierge, exercise room, spa, sauna and large outdoor pool. Living just steps to Waterfront metro, Arena Stage, and the Wharf DC, you'll have easy access to all the shopping, entertainment, and nightlife DC has to offer!

Essential Information

MLS® #DCDC2138592

Price$389,999

Bedrooms1

Bathrooms1.00

Full Baths1

Square Footage740

Acres0.00

Year Built1967

TypeResidential

StyleTraditional

StatusActive

Sub-Type

Condo, Unit/Flat/Apartment, Mid-Rise 5 - 8 Floors

HOA/Condo/Coop Fee Includes

Water, Sewer, Gas, Electricity, Ext Bldg Maint, Insurance, Trash

HOA/Condo/Coop Fee Amenities

Exercise Room, Elevator, Meeting Room, Party Room, Pool-Outdoor, Sauna, Spa

Community Information

Address700 7th St Sw #731

SubdivisionSOUTH WEST

CityWASHINGTON

CountyWASHINGTON-DC

StateDC

Zip Code20024

Amenities

Parking Spaces1

ViewCity

Has PoolYes

Garages

Basement Garage, Garage Door Opener

Interior

Interior FeaturesFloor Plan-Open

HeatingForced Air

CoolingCentral A/C

# of Stories1

Stories1 Story

Appliances

Dishwasher, Disposal, Freezer, Oven/Range-Gas, Range hood, Refrigerator, Built-In Microwave

Exterior

ExteriorBrick and Siding

Exterior FeaturesBalcony

District

DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Additional Information

ZoningRA-4

Condo Fees$1,074

HOA Fees$0

Listing Details

OfficeEXP Realty, LLC

Office Contact(833) 335-7433

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Listing information last updated on May 4th, 2024 at 6:45pm EDT.

700 7th St Sw #731, WASHINGTON

$389,999

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