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Deal of the Week

  • May 27th 2009

by Mark Wellborn

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Deal of the Week: Figure 1
Living Room

This week’s Deal of the Week is a two-bedroom plus den condo at The Cityline at Tenley (see map here). For someone that appreciates sleek design, wants to be near the Metro, but not close to the hustle and bustle of downtown, this unit may work for you. It has floor-to-ceiling windows and a large open living area, and while the bedrooms aren’t huge, they do have walk-in closets. The building has a fitness center and free Wi-fi in the lobby, and the unit comes with an underground parking spot. The condo was purchased in 2006 for $675,000, and its price has now been reduced a number of times since it was put on the market at $624,800 in February.


  • Price: $580,000
  • Beds: Two
  • Baths: Two
  • Square Footage: 1,260
  • Price per SF: $460
  • Condo Fees: $745/month
  • For the full listing, click here.

Here are some monthly payment calculations based on a 15 percent down payment and a 30-year fixed rate mortgage at 4.84%.

  • Loan Amount: $493,000
  • Principal and Interest: $2,604
  • Taxes and Fees: $1,158
  • Est. Mortgage Insurance: $100
  • Total Monthly Payments: $3,862

Deal of the Week: Figure 2
Living Room

Deal of the Week: Figure 3
Kitchen

Deal of the Week: Figure 4
Den

See other articles related to: dclofts, deal of the week

This article originally published at http://dc.urbanturf.production.logicbrush.com/articles/blog/deal_of_the_week11/954.

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