Home | Newsletter | Advertise
loading...

Multiple Bids: Victorian on the U Street Corridor

  • April 30th 2013

by Shilpi Paul

Multiple Bids: Victorian on the U Street Corridor: Figure 1

In Multiple Bids, UrbanTurf showcases homes that we think will attract the attention of several buyers. This week, we feature a medium-sized, moderately priced Victorian just north of U Street.

The interior of the three-bedroom home, renovated in 1994, is modest with a living room that is open and malleable. The master bedroom is well sized, and the two smaller bedrooms are being used as a TV-watching room and a nursery. Our favorite area was the backyard, which is private, paved with brick, and has lush vegetation off to the side.

To indicate just how much things have changed on the U Street Corridor in the past 15 years, this home sold, apparently in a renovated state, back in 1998 for $160,000. Still, the current list price and price per square foot is a bit lower than comparable homes that sold in the area recently and as such, we think it will attract quite a bit of attention. More details and photos below.

  • Address: 1203 W Street NW (map)
  • Price: $699,000
  • Bedrooms: Three
  • Bathrooms: 1.5
  • Year Built: 1890
  • Price per Square Foot: $467
  • Listing Agent: Melissa Chen, Evers & Company 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: $559,200
  • Principal and Interest: $2,511
  • Property Taxes: $352
  • Total Monthly Payments: $2,863

Multiple Bids: Victorian on the U Street Corridor: Figure 2

Multiple Bids: Victorian on the U Street Corridor: Figure 3

Multiple Bids: Victorian on the U Street Corridor: Figure 4

See other articles related to: dclofts, multiple bids, u street corridor

This article originally published at https://dc.urbanturf.com/articles/blog/multiple_bids_victorian_on_the_u_street_corridor/6997.

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