Home | Newsletter | Advertise
loading...

Deal of the Week: Positively 5th Street

  • January 28, 2013

by UrbanTurf Staff

Deal of the Week: Positively 5th Street: Figure 1
1535 5th Street NW

With housing inventory as low as it is in the DC area right now, it can be tough to find bargains (hence, the reason you haven’t seen many Deals of the Week recently). But we imagine that the living room of this week’s installment was well-traveled on Sunday afternoon.

The 1,200 square-foot, two-bedroom row house on 5th Street NW has a long main floor with French doors that separate the kitchen from the living/dining area. Upstairs are a large master bedroom with a walk-in closet and a second, smaller bedroom. The full bathroom on the second floor has been renovated, as has the kitchen and the home was completely re-pointed in 2005. Out back is a large patio and storage shed.

Two years ago, this probably wouldn’t have been a bargain at $415 per square foot, but these days that metric puts it squarely in bargain territory for the neighborhood. Problem is, given the competitive level of the market these days, this home will likely be purchased for a decent chunk above its asking price.

More details and photos below.

Deal of the Week: Positively 5th Street: Figure 2
Living Room

Deal of the Week: Positively 5th Street: Figure 3
Dining Area

Deal of the Week: Positively 5th Street: Figure 4
Bedroom

Deal of the Week: Positively 5th Street: Figure 5
Rear Patio

  • Full Listing: 1535 5th Street NW (map)
  • Price: $499,555
  • Bedrooms: Two
  • Bathrooms: 2.5
  • Square Footage: 1,200
  • Listing Agent: David Getson, Coldwell Banker

Here are some monthly payment calculations based on a 20 percent down payment and a 30-year fixed rate mortgage at 3.5 percent.

  • Loan Amount: $400,004
  • Principal and Interest: $1,790
  • Property Taxes: $296
  • Total Monthly Payments: $2,086

Photos courtesy of HomeVisit.

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

This article originally published at http://dc.urbanturf.com/articles/blog/deal_of_the_week_positively_5th_street/6572

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