loading...

Deal of the Week: The Enemy of the State Coop

by Mark Wellborn

image

For this installment of Deal of the Week, we find a two-bedroom co-op in the Lanier Heights neighborhood that makes us wish we were in the market for a new home. At 1,300 square feet, the price per square foot ($392) comes in about $50 less than the neighborhood average putting it solidly in deal territory. In addition to having large, open rooms, the building where the unit is located has an interesting cinematic history: The Stafford was in a scene in the Will Smith political thriller Enemy of the State. The only downside we see to the unit is the lack of a parking spot. More details and photos below. For the full listing, click here.

image
Dining Room
image
Balcony
image
Master Bedroom
image
Second Bedroom

1789 Lanier Place NW, #21 (map)

  • Price: $510,000
  • Bedrooms: Two
  • Bathrooms: One
  • Square Footage: 1,300

Here are some monthly payment calculations based on a 20 percent down payment and a 30-year fixed rate mortgage at 5.1 percent.

  • Loan Amount: $408,000
  • Principal and Interest: $2,215
  • Coop Fees/Taxes: $468/month
  • Total Monthly Payments: $2,683

Similar Posts:

See other articles related to: mount pleasant, lanier heights, deal of the week, dclofts

This article originally published at https://dc.urbanturf.com/articles/blog/deal_of_the_week_the_enemy_of_the_state_coop/2080

7 Comments

  1. BR said at 11:26 am on Tuesday May 18, 2010:

    That’s in Adams Morgan.

  1. Esther said at 11:41 am on Tuesday May 18, 2010:

    Lovely place! By the way, this is not Adams Morgan, it is Lanier Hts like the article says. I have lived in the area for years and it is often referred to as Adams Morgan these days, but long-time residents still call it by its true name.

  1. nick said at 4:23 pm on Tuesday May 18, 2010:

    Am I reading the Redfin listing correctly, that the place has to be owner occupied?

    What does that do to a homes ability to sell, if true? Seems to me like it would be a huge deterrent, especially in such a “transient” city like DC.

    I know that I am looking to buy with an eye towards being able to escape by renting if needed and that is one of the only reasons I am willing to buy in this city.

    Thoughts/comments?

  1. Input said at 4:58 pm on Tuesday May 18, 2010:

    It’s a small, well-maintained co-op that doesn’t allow rentals to preserve the quality of the building. Rentals can obviously lead to deterioration as renters without a vested interested have less incentive to take care of the place than owners. If you need to rent your home it’s likely not the place for you.

  1. Lisa said at 11:30 am on Wednesday May 19, 2010:

    This coop is a great deal. I wish I was in the market to buy right now. The large dining room is wonderful.

  1. Citi said at 2:38 pm on Wednesday May 19, 2010:

    Beautiful rooms and I love the built-ins, but having just one bathroom is not such a great deal to me.

  1. Heather Elbert said at 3:26 pm on Wednesday May 19, 2010:

    Its unfortunate that more people do not understand coops. This is a beautiful unit and building with pride of ownership. To learn more about coops and enrich your knowledge please visit http://www.edmundjflynn.com. They have been handling the transfer of D.C. coops for years and their website helps explain the benefits of ownership.

Comments are closed.

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!

Northern Virginia

Profiles of 14 neighborhoods across Northern Virginia

Ballston
Looking to Give People A Reason to Stay Past 6pm
Clarendon
Happily Straddling the Line Between City and Suburb
Columbia Pike
Arlington’s Neglected Stepchild is Getting a Makeover
Crystal City
Turning Lemons into Lemonade
Lyon Village
Developing An Air of Exclusivity?
Rosslyn
Hitting Its Growth Spurt
Shirlington
An Urban Village Hitting Its Stride
Del Ray
Virginia’s Small Town Near the Big City
Eisenhower Avenue
The Vibrancy Might Take a Few Years
Huntington
The Quiet Neighborhood By the Beltway
Old Town
Mayberry By The Potomac
Parkfairfax
132 Commerical-Free Acres
Downtown Falls Church
Staying the Same in the Midst of Change
Tysons Corner
Radical Change Could Be On The Way

See more Northern Virginia »

Maryland

Profiles of 14 neighborhoods in suburban Maryland

Annapolis
Small-Town Living in the State Capital
Bethesda
Bedroom Community Gets Buzzing Cache
Cabin John
In With The New While Maintaining the Old
Chevy Chase
Affluence, Green Lawns and Pricey Homes
Downtown Silver Spring
Experiencing a Resurgence After a Bumpy History
Potomac
A Suburb on Steroids
Rockville Town Square
Despite the Dynamism, Still Somewhat Generic
Takoma Park
More Than a Little Bit Quirky
Wheaton
A Foodie Magnet on the Verge of Change
Capitol Heights
Kudzu, Front Porches and Crime
Hyattsville
Glass Half Full or Half Empty?
Mount Rainier
Artists, Affordable Homes and A Silo Full of Corn
National Harbor
A Development Rises Next to the Potomac
Riverdale Park
A Town Looking For Its Identity

See more Maryland »

Northwest DC

30+ neighborhood profiles for the city's biggest quadrant

16th Street Heights
DC's Sleeper Neighborhood
Bloomingdale
Where (Almost) Everyone Knows Your Name
AU Park
One of DC’s Last Frontiers Before the Suburbs
Brightwood
DC’s Northern Neighborhood on the Cusp
Burleith
DC’s 535 House Neighborhood
Cathedral Heights
Do You Know Where That Is?
Chevy Chase DC
Not to Be Confused With the Other Chevy Chase
Cleveland Park
Coming Back After A Rough Year
Columbia Heights
DC’s Most Diverse Neighborhood, But For How Long?
Crestwood
An Island of Serenity East of the Park
Dupont Circle
The Best of DC (For a Price)
Foggy Bottom & West End
Where the Institutional Meets the International
Forest Hills
Ambassadors and Adventurous Architecture
Foxhall Village
350 Homes Just West of Georgetown
Friendship Heights
A Shopping Mecca With a Few Places to Live
Georgetown
History, Hoyas and H&M
Glover Park
One of DC’s Preppier and More Family-Friendly Neighborhoods
Kalorama
A Posh View From Embassy Row
LeDroit Park
A Quiet Enclave in the Middle of the City
Logan Circle
Trendy Now, But Not By Accident
Mount Pleasant
Sought-After Homes Surround Main Street in Transition
Mount Vernon Triangle
From Seedy to Sought-After
Palisades
The Long, Skinny Neighborhood at the City’s Northwest Edge
Park View
It’s Not Petworth
Penn Quarter/Chinatown
DC’s Go-Go-Go Neighborhood
Petworth
Getting a Vibrancy of Its Own
Shaw
The Duke’s Former Stomping Ground
Shepherd Park
DC’s Garden of Diversity
Spring Valley
A Suburb With a DC Zip Code
Takoma
Not To Be Confused With Takoma Park
Tenleytown
Not Quite Like Its Neighbors
U Street Corridor
The Difference a Decade Makes
Woodley Park
Deceptively Residential
Adams Morgan
No Longer DC’s Hippest Neighborhood, But Still Loved by Residents

See more Northwest DC »

Southwest DC

The little quadrant that could

Southwest Waterfront
A Neighborhood Where A Change Is Gonna Come

See more Southwest DC »

Northeast DC

Profiles of 10 neighborhoods in NE

Brookland
New Development Could Shake Up Pastoral Peace
Deanwood
A Little Bit of Country Just Inside the District’s Borders
Eckington
Not to Be Confused With Bloomingdale
Fort Totten
Five Years Could Make a Big Difference
H Street
A Place To Party, and To Settle Down
Langdon
The Northeast Neighborhood That Few Know About
Michigan Park
A Newsletter-On-Your-Doorstep Community
NoMa
Evolving from a Brand to a Neighborhood
Rosedale
Ripe for Investment Right About Now
Trinidad
The Difference 5 Years Makes
Woodridge
Big Houses, A Dusty Commercial Strip and Potential

See more Northeast DC »

Southeast DC

6 neighborhoods from Capitol Hill to East of the River

Capitol Riverfront
Still Growing
Hill East
Capitol Hill’s Lesser Known Neighbor
Congress Heights
Gradually Rising
Hillcrest
Notable for Its Neighborliness
Historic Anacostia
Future Promise Breeds Cautious Optimism
Eastern Market
A More European Way of Living

See more Southeast DC »

Upcoming Seminars ▾