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Deal of the Week: A Bargain Fit For a Bishop

by UrbanTurf Staff

Deal of the Week: A Bargain Fit For a Bishop: Figure 1
1715 15th Street NW, #19

The former chapel of one of DC’s oldest parish schools, St. Augustine’s Parochial School at 1715 15th Street NW (map), was sold in 1979 and converted into a condo project known as Bishop’s Gate. The gated community has 60 condos that range in size and layout, but many maintain the tall ceilings (some as high as 50 feet) and stained glass windows you would expect from a church conversion.

Deal of the Week: A Bargain Fit For a Bishop: Figure 2
Bedroom

This installment of Deal of the Week may not have the 50-foot ceilings like some of the other units at Bishop’s Gate, but it has a pretty good price tag, considering its location and the amount of space it offers. The two-level townhouse-like property has both bedrooms on the upper floor with a living area, kitchen and patio space on the lower level.

Deal of the Week: A Bargain Fit For a Bishop: Figure 3
Patio

The monthly fees may look a little high, but keep in mind that the listing is in a secure gated community and comes with a garage parking space. It also has some pretty cool looking pieces of art that unfortunately probably do not convey.

More details below.

  • Address: 1715 15th Street NW, #19 (map)
  • Price: $499,900
  • Bedrooms: Two
  • Bathrooms: 1.5
  • Square Footage: 1,000
  • Price Per Square Foot: $499

Here are some monthly payment calculations based on a 20 percent down payment and a 30-year fixed rate mortgage at 4 percent.

  • Loan Amount: $400,020
  • Principal and Interest: $1,909
  • Condo Fees: $468/month
  • Property Taxes: $346/month
  • Total Monthly Payments: $2,723

See other articles related to: logan circle, deal of the week, dclofts, churches, bishop's gate

This article originally published at http://dc.urbanturf.com/articles/blog/deal_of_the_week_a_bargain_fit_for_a_bishop/5163

2 Comments

  1. john said at 11:55 pm on Tuesday February 21, 2012:
    This is really a nice apartment. My friend has been looking for a 2BD plus parking condo in Dupont for months. But with this price tag he said he will be there with his realtor first thing tomorrow morning. Good luck Matt and Christy 😃
  1. Kelly V said at 5:27 am on Friday February 24, 2012:
    The art doesn't convey, but it may be available for sale! Stop by the Open House this Sunday, 1-4. I hope to see you there - you won't be disappointed!

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