Home | Newsletter | Advertise
loading...

Deal of the Week: A Bargain Fit For a Bishop

  • February 21, 2012

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

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. Visit guides.urbanturf.com or start browsing below!

First-Timer Primers

Intro guides for first-time home buyers

Red Flags Revealed During a Home Inspection Top 5 Tax Breaks For Homeowners Tax Relief for DC Homeowners
Condo Fee Tutorial What is a Rent Back? 10 Ways To Tell If a Home Renovation is Well Done
Obtaining a Basic Business License For Your Rental What is an Adjustable Rate Mortgage? The Splitting the Rent Formula
How Much Cash Do You Need to Buy a House? Is This Condo Building Financially Healthy? Interest Rates and Mortgage Points
The Scoop on Mortgage Insurance

Unique Spaces

Awesome and unusual real estate from across the DC Metro

The Most Intriguing Loft in DC The R Street Firehouse DC’s One-Room House
Dupont Circle’s Old Frat House To Become Alley Home Best Transition From a Garage To a Home The Roundhouse
Tilden Gardens Restaurant-Turned-Home Hits Market Next Week Logan Circle’s Most Intriguing Garage Frank Lloyd Wright Goes Green in Kensington
Sears Bungalow Gets a Modern Makeover Old Town General Store Becomes Three-Level Home Making the Most of a Skinny House
A Studio 27 Renovation on Capitol Hill Once a Carriage House, Now a Home The Bank that Became a Home
From Pie to Hooch to Heroin to Home The Live-Aboards of Gangplank Marina A Treehouse with Rock Creek Park As A Backyard
Modern Tranquility in Sperryville Saddle Up For Stable Living Throwing a Curve at 550 Square Feet
A Modern Hilltop Retreat Tilden Street Restaurant Becomes Spacious Home Focus on Design: A Vastu Unit at 22 West
The DC Area’s First Net Zero Home A Yankee Goes Green DC’s First Carbon Neutral Home
Eco-Friendly Alley House Off H Street The Gym, The Stables and The Firehouse