Multiple Bids: The Rowhouse With Sun Rooms and Porches

• May 21, 2013
• 1 Comment

by Shilpi Paul

In Multiple Bids, UrbanTurf showcases homes that we think will attract the attention of several buyers. This week, we look a three-bedroom rowhouse in the Mount Pleasant/Lanier Heights area with a few porches and a low price per square foot.

Like many homes in the neighborhood, this one is set back and up off the street. The wide front porch, with stone tiling and a porch swing, is a comfy perch from which to observe the neighborhood.

The home hasn’t been on the market since 2004, and is updated in a simple, but pleasant style. There are a couple fireplaces, sunny sitting areas connected to the back rooms on each floor, and a spacious back deck with a built-in bench and space for parking underneath. At $328 per square foot, the listing is being billed as the “best value in Mount Pleasant”, and it may be more than than that (read: underpriced). More details and photos below.

• Address: 1735 Hobart Street NW (map)
• Price: $750,000
• Bedrooms: Three
• Bathrooms: Two
• Year Built: 1932
• Price per Square Foot: $328
• Listing Agent: Joseph Himali, Best Address Real Estate

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: $600,000
• Principal and Interest: $2,694
• Property Taxes: $383
• Total Monthly Payments: $3,077

This article originally published at http://dc.urbanturf.com/articles/blog/multiple_bids_mount_pleasant_rowhouse_with_sun_rooms_and_porches/7095

1 Comment

1. Frank said at 12:39 pm on Wednesday May 22, 2013:
   At the time of publishing this article Redfine already showed it pending for 900k! Price per sf is low because most of it is basement and deck (about 1000 out of 1200)