Deal of the Week: A Modest One-Bedroom Bargain in Dupont Circle

• June 27th 2011

by Mark Wellborn

It is not the snazziest or largest condo in the neighborhood, but this installment of Deal of the Week is a bargain for home buyers in the market for an inexpensive one-bedroom in Dupont Circle.

The 563 square-foot lower-level condo consists of a living room with a fireplace, a small kitchen and a bedroom that has a custom-made Murphy bed with shelving and drawers. The building is pet-friendly and has a common roof deck.

Lower level units are not usually at the top of most buyer’s list during the housing search, but as is the case here, these listings can be good options for those that want to live in popular neighborhoods, and can’t pay the going rate for most of what is on the market. Listed for just under $250,000 with a low monthly fee, the condo compares favorably even to other terrace one-bedrooms in the vicinity. For example, a similarly-sized lower-level unit on 21st Street sold in March for $302,000 with fees of $200/month.

More details and photos below.

• Full Listing: 1755 Willard Street NW, #2 (map)
• Price: $249,900
• Bedrooms: One
• Bathrooms: One
• Square Footage: 563
• Listing Agent: Martin Toews, Coldwell Banker

Here are some monthly payment calculations based on a 20 percent down payment and a 30-year fixed rate mortgage at 4.6 percent.

• Loan Amount: $199,900
• Principal and Interest: $1,025
• Condo Fees: $111/month
• Property Taxes: $197/month
• Total Monthly Payments: $1,333

Update: This unit had a sale pending on it within a few hours of this article being published on Tuesday.

This article originally published at https://dc.urbanturf.com/articles/blog/deal_of_the_week_a_modest_one_bedroom_bargain_in_dupont_circle/3727.