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Deal of the Week: Four-Bedroom Steal in Takoma

by Mark Wellborn

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For this week’s Deal of the Week, we head up to Takoma and find a three-bedroom home that has a large finished lower suite that offers a fourth bedroom. Three-bedrooms in this section of Takoma usually are listed in the mid-$600,000s, so with one more bedroom, we consider this home a very good deal. The property has a large living room with a fireplace, a kitchen renovated this year and a large patio and backyard. It is also just a few blocks from the Takoma Metro station on the Red Line. For the full listing, click here.

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Living Room
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Dining Room
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Master Bedroom

401 Aspen Street NW (map)

  • Price: $629,000
  • Bedrooms: Four
  • Bathrooms: 2.5
  • Year Built: 1924

Here are some monthly payment calculations based on a 20 percent down payment and a 30-year fixed rate mortgage at 5 percent.

  • Loan Amount: $503,200
  • Principal and Interest: $2,701
  • Taxes: $350/month
  • Total Monthly Payments: $3,051

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

This article originally published at https://dc.urbanturf.com/articles/blog/deal_of_the_week_four-bedroom_steal_in_takoma/1901

9 Comments

  1. George said at 9:02 am on Tuesday March 23, 2010:

    I hate to be the guy who is nitpicky but since that house is on the DC side the neighborhood is called Takoma.  You only get the Park in the name when you cross over the border.  That being said, this is a great house in an awesome neighborhood that it getting even better with the addition of some new restaurants.

  1. Mark Wellborn said at 9:08 am on Tuesday March 23, 2010:

    Hey George,

    You are right and we have corrected the neighborhood title in the article.

    Thanks,

    Mark

  1. Mike said at 9:14 am on Tuesday March 23, 2010:

    Condo fee? Care to elaborate? I checked the listing and didnt see anything. I came across a small home in the Palisades that had a condo fee of $350, though that came with a pool that 7 homes shared.

    Thanks

  1. Jen said at 10:15 am on Tuesday March 23, 2010:

    Very cute home! Having been looking for something slightly smaller in Takoma, this price does make me want to stretch a little bit.

  1. John said at 10:32 am on Tuesday March 23, 2010:

    That place is GORGEOUS and the area is pretty good based on the visits to my sister when she lived up there.  And look at all that LAND!  Wow.

  1. Fritz Hubig said at 9:12 pm on Tuesday March 23, 2010:

    My fave neighborhood! Very decent house and great lot.

  1. KStreetQB said at 12:07 am on Wednesday March 24, 2010:

    The second floor: Three bedrooms that share one very small bathroom. Master walk-in closet is a crawl-in closet; the ceiling slopes with the roof to make it really awkward.

    First floor: Good open plan, except for the galley kitchen. Living room is fantastic.

    The basement: Nicely finished, but has very very low ceilings.

    While I really really don’t think the house has any curb appeal, I am a sucker for land.

    Lot Size:  5,550 Sq. Ft.

    I don’t know UT, I’d give it a ‘B’, not a deal of the week. If they had a different layout on the second floor, with the master bedroom having its own bath, that would kick it up to an A.

  1. aj said at 2:07 pm on Wednesday March 24, 2010:

    @Mike since this is a single family home I am pretty sure there is no condo fee…

  1. Mark Wellborn said at 2:13 pm on Wednesday March 24, 2010:

    @ Mike and @ aj:

    Small mistake on the part of the UT staff. The $350 monthly taxes for this property were briefly and incorrectly listed as condo fees.

    Mark

Comments are closed.

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