Deal of the Week: Picture Perfect Bungalow With A Slight Problem

2000 Grace Church Road
This edition of Deal of the Week features a two-bedroom bungalow in Silver Spring with one small problem.
First, to the brag-worthy aspects of the house. The three-bedroom Sears-like bungalow has a spacious porch, updated kitchen and bathrooms, a picnic table-esque eating nook, a finished basement and sits on a large lot. The home, which hasn’t been on the market in 14 years, is in a good school district and is pretty close to downtown Silver Spring.

Kitchen Nook
However, the listing has been sitting on the market for perhaps longer than the good price and cute pictures would warrant. The reason? After an addition was added to the left side, the house started to sag and the floors now slope a bit. The agent tells us that the current owner just decided to fix the problem, and will be making changes that stabilize the foundation. (Interested buyers can get a $25,000 discount on the price if they decide to do the work themselves.) Since making the decision to do the work, the agent tells us, the house has generate a lot more interest.
More details and photos below.

Bedroom

Living Room

Kitchen
- Full Listing: 2000 Grace Church Road, Silver Spring, MD (map)
- Price: $475,000
- Bedrooms: Three
- Bathrooms: Two
- Year Built: 1923
- Listing Agent: Peggy Speaker, Long & Foster
Here are some monthly payment calculations based on a 20 percent down payment and a 30-year fixed rate mortgage at 3.9 percent.
- Loan Amount: $380,000
- Principal and Interest: $1,792
- Property Taxes: $300
- Total Monthly Payments: $2,092
See other articles related to: bungalows, deal of the week, silver spring
This article originally published at https://dc.urbanturf.com/articles/blog/deal_of_the_week_picture_perfect_bungalow_with_a_slight_problem/5811.
Most Popular... This Week • Last 30 Days • Ever

Clarion Partners, the owner of the Chevy Chase Pavilion, has filed modifications to i... read »

Where it's cheaper to build than buy; Elon Musk is not making Texas happy; and the wo... read »

New renderings show the public space that will be part of the huge new residential de... read »

Several large projects are in the works across the Potomac in Rosslyn while others ha... read »

In this week's edition of Above Asking, we highlight a home in Mount Pleasant that so... read »
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
Unique Spaces
Awesome and unusual real estate from across the DC Metro