Tuesday’s Deal of the Week

by Mark Wellborn

Three-Bedroom Renovated Victorian in Mount Vernon Square


Mount Vernon Square is one of the neighborhoods in the District that offers the best deals for home buyers, and this property only bolsters that reputation. The three-bedroom Victorian rowhouse has been completely renovated and now has a skylight shaft that floods each floor with sunlight. The kitchen has been redone with 42-inch cabinets, granite counters and stainless appliances, as well as a huge pantry. The first master bedroom has a large walk-in closet and the second has a nook that is perfect for a computer and a storage area above the room. The property also has a fenced-in garden in the back. For the full listing, click here.

408 N Street NW (see map here)

  • Price: $479,900
  • Bedrooms: Three
  • Bathrooms: Three
  • Year Built: 1900

Here are some monthly payment calculations based on a 15 percent down payment and a 30-year fixed rate mortgage at 5.25%.

  • Loan Amount: $407,915
  • Principal and Interest: $2,252
  • Taxes and Fees: Approximately $500
  • Est. Mortgage Insurance: $100
  • Total Monthly Payments: $2,852

Cottage Garden

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This article originally published at https://dc.urbanturf.com/articles/blog/tuesdays_deal_of_the_week12/999


  1. Tom A. said at 9:43 am on Wednesday June 10, 2009:

    Woah.  This is my friend’s place and I can vouch for it’s awesomeness.

  1. Tom A. said at 10:02 am on Wednesday June 10, 2009:

    Deals of the week go fast!  He’s had close to a dozen offers so far this week!

  1. Pam said at 10:41 am on Wednesday June 10, 2009:

    This is an amazing deal! Great find!

  1. asw said at 10:50 am on Wednesday June 10, 2009:

    What explains the big price difference between the ‘04 and ‘07 sell of this property?

  1. TJ said at 10:32 am on Thursday June 11, 2009:

    Looks great online but go look at it in person.  Housing project across the street, unsightly houses and shuttered commercial buildings make for a blighted block.

  1. BD said at 12:49 pm on Thursday June 11, 2009:

    It’s listed as a short sale on Redfin - doesn’t that mean it will have a much tougher time selling?

  1. Bob said at 6:19 pm on Friday June 12, 2009:

    This Beautiful Home is a done deal.  Listed and under CONTRACT in 7 Days!!!  It is under contract for above list price.  This is what happens when the home is priced correctly, you get multiple offers with escalation clauses.  This is an Up and Coming Neighborhood and a HOT market!

Comments are closed.

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