What's Hot: Mortgage Rates Fall Towards 6% Following Fed Cut
Deal of the Week: A T Street Bidding War?
✉️ Want to forward this article? Click here.
The white row house behind the tree.
Three-bedroom homes in the vicinity of 15th and T Street NW have sold on average for about $750,000 over the last year, and for well above that price point if they are in tip-top condition. That doesn’t necessarily mean that this “as-is” installment of Deal of the Week is a clear bargain, but given the current buying climate, its $659,000 price tag will likely attract a number of offers.
A few renovations were done to this three-bedroom plus-den row house on T Street between 14th and 15th about two years ago, but a lack of photos may be an indication that the “as-is” description should be heeded. Still, with three bedrooms, a den, a basement, front yard, and parking in the rear, it has the size and amenities to probably make it worth whatever sweat equity the eventual buyer puts in. We’ll keep an eye on its status and update the article if it goes under contract later this week.
More details below.
- Address: 1464 T Street NW (map)
- Price: $659,000
- Bedrooms: Three
- Bathrooms: One
- Year Built: 1872
Here are some monthly payment calculations based on a 20 percent down payment and a 30-year fixed rate mortgage at 3.9 percent.
- Loan Amount: $527,200
- Principal and Interest: $2,487
- Property Taxes: $394/month
- Total Monthly Payments: $2,881
See other articles related to: dclofts, deal of the week, logan circle
This article originally published at http://dc.urbanturf.production.logicbrush.com/articles/blog/deal_of_the_week_a_t_street_bidding_war/5613.
Most Popular... This Week • Last 30 Days • Ever
A plan to add another new residential building to the Friendship Heights pipeline is ... read »
Mortgage rate buydowns can be a good option for buyers who want to save money on inte... read »
Plans filed this week provide the latest look at the 106-key hotel in the works at an... read »
The eight-bedroom, 35,000 square-foot home in McLean known as The Cliffs went under c... read »
The large new development would take the place of the Ballston One office building al... read »
- Donohoe Files PUD For 127-Unit Development in Friendship Heights
- How Does a Mortgage Rate Buydown Work?
- A Look At Georgetown's New 100-Key Hotel Along The Canal
- A $30 Million Sale? One Of The DC Area's Most Expensive Homes Finds A Buyer
- Updated Plans Filed For 328-Unit Development At Arlington Office Site
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!
First-Timer Primers
Intro guides for first-time home buyers
Unique Spaces
Awesome and unusual real estate from across the DC Metro