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Tuesday's Deal of the Week

  • May 12th 2009

by Mark Wellborn

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Tuesday's Deal of the Week: Figure 1
1321 Fairmont Street NW, #105

This week’s Deal of the Week is a small one-bedroom, one-bath condo at 1321 Fairmont Street NW (see map here) in Columbia Heights. Space is limited in the unit, but the living area and kitchen are set up in an open floor plan, so it does feel larger than it actually is. The entire building was renovated a few years ago, and is located just a few blocks from the Metro and the Columbia Heights shopping district. At $219,000, it is in a good price point for a first-time buyer.


  • Price: $219,000
  • Beds: One
  • Baths: One
  • Condo Fees: $181/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 4.82%.

  • Loan Amount: $186,150
  • Principal and Interest: $978.92
  • Taxes and Fees: Approximately $300
  • Est. Mortgage Insurance: $60
  • Total Monthly Payments: $1,338

Tuesday's Deal of the Week: Figure 2
Living Room

Tuesday's Deal of the Week: Figure 3
Bedroom

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

This article originally published at http://dc.urbanturf.production.logicbrush.com/articles/blog/tuesdays_deal_of_the_week9/898.

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