Multiple Bids: Rowhouse in Oft-Overlooked Truxton Circle

• June 17, 2013

by Shilpi Paul

401 R Street NW

In Multiple Bids, UrbanTurf showcases homes that we think will attract the attention of several buyers. This week, we look at a rowhouse in oft-overlooked Truxton Circle, the neighborhood squeezed between Shaw, LeDroit Park and Bloomingdale.

This three-bedroom listing on R Street NW checks a lot of boxes: it’s pretty big, has historical charm (like a clawfoot bathtub), and its end-of-the-block placement means it has many windows and yard space in a neighborhood where that house feature is in short supply.

With 2,060 square feet, the price per square foot is a reasonable $257, but we suspect that the home will get several offers that drive the asking price up a bit. Though Truxton Circle is not as popular as its neighbors, the home is on the northern edge of the neighborhood and is three blocks from Big Bear Cafe on one side and the Shaw Metro station on the other.

One family rented the house for several years, and the current owner made a few improvements before putting it on the market, including replacing the windows and exterior doors, and adding new floors in the kitchen and the bathroom. More photos and details below.

• Address: 401 R Street NW (map)
• Price: $529,900
• Bedrooms: Three
• Bathrooms: 1.5
• Year Built: 1900
• Price Per Square Foot: $257
• Listing Agents: Edward Poutier, Coldwell Banker Residential Brokerage

Here are some monthly payment calculations based on a 20 percent down payment and a 30-year fixed rate mortgage at 4 percent.

• Loan Amount: $423,920
• Principal and Interest: $2,024
• Property Taxes: $282
• Total Monthly Payments: $2,306

This article originally published at http://dc.urbanturf.com/articles/blog/multiple_bids_rowhouse_in_oft-overlooked_truxton_circle/7213