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Deal of the Week: A Chevy Chase Three-Bedroom That Will Move Fast

  • April 17, 2012

by UrbanTurf Staff

Deal of the Week: A Chevy Chase Three-Bedroom That Will Move Fast: Figure 1
5209 Chevy Chase Parkway

Three-bedroom homes in Chevy Chase DC usually hover just below the seven-figure price range, so when one hits the market that is well south of that, it garners some attention.

This installment of Deal of the Week, a three-bedroom on Chevy Chase Parkway, is discounted for a couple reasons. For one thing, it lies not far from the busy intersection of Connecticut Avenue and Nebraska Avenue NW. For another, it is a Federal row house in a land full of single-family homes, so it doesn’t have quite the space offered by other properties in the neighborhood.

Deal of the Week: A Chevy Chase Three-Bedroom That Will Move Fast: Figure 2

Still, the home has a number of things that a family moving into the area say, for the schools, will appreciate: two living areas, three good-sized bedrooms, a rear deck, and a deep backyard that leads to a garage. And the price is very good. For comparison purposes, a three-bedroom, 2.5-bath home up the block sold a little over a year ago for $730,000 in just six days.

Deal of the Week: A Chevy Chase Three-Bedroom That Will Move Fast: Figure 3

More details and photos below.

Deal of the Week: A Chevy Chase Three-Bedroom That Will Move Fast: Figure 4

Deal of the Week: A Chevy Chase Three-Bedroom That Will Move Fast: Figure 5

  • Full Listing: 5209 Chevy Chase Parkway (map)
  • Price: $699,000
  • Bedrooms: Three
  • Bathrooms: 2.5
  • Year Built: 1938
  • Listing Agent: Michael Rankin, TTR Sotheby’s International Realty

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: $559,200
  • Principal and Interest: $2,670
  • Property Taxes: $487/month
  • Total Monthly Payments: $3,157

See other articles related to: deal of the week, chevy chase dc

This article originally published at http://dc.urbanturf.com/articles/blog/deal_of_the_week_a_three_bedroom_that_will_move_fast/5425

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