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Deal of the Week: Mount Pleasant Fixer Upper, Patience Required

  • April 6th 2010

by Mark Wellborn

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Deal of the Week: Mount Pleasant Fixer Upper, Patience Required: Figure 1

Patience will be required if you are interested in this week’s Deal of the Week but it could pay off in the long run. This three-bedroom, three-bath row house in Mount Pleasant is a short sale and as any regular reader of UrbanTurf knows, the buying process for these properties can be long and frustrating (read more about short sales here). Despite its status, the home is listed well below market for a three-bedroom in this neighborhood. It will require some renovations and improvements, but it has a number of the original details including a bordered wood floor, custom shutters, and wall insets. Parking won’t be an issue as the home has a one-car garage with a driveway in back. For the full listing, click here.

Deal of the Week: Mount Pleasant Fixer Upper, Patience Required: Figure 2
3224 Walbridge Road

Deal of the Week: Mount Pleasant Fixer Upper, Patience Required: Figure 3
Kitchen

Deal of the Week: Mount Pleasant Fixer Upper, Patience Required: Figure 4
Living Room

3224 Walbridge Road NW (map)


  • Price: $539,900
  • Bedrooms: Three
  • Bathrooms: Three
  • Year Built: 1933

Here are some monthly payment calculations based on a 20 percent down payment and a 30-year fixed rate mortgage at 5 percent.

  • Loan Amount: $431,920
  • Principal and Interest: $2,319
  • Taxes: $511/month
  • Total Monthly Payments: $2,830

See other articles related to: deal of the week, mount pleasant, short sales

This article originally published at http://dc.urbanturf.production.logicbrush.com/articles/blog/deal_of_the_week_mount_pleasant_fixer_upper_patience_required/1948.

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