Close It! House of the Week: Stunning Colonial home renovation in growing Petworth

Close It! House of the Week: Stunning Colonial home renovation in growing Petworth

This week we’re making our way over to Petworth to check out a stunning renovation that features a finished lower level that can serve as either an in-law suite or room for extra income. It’s listed for $874,900.

This colonial-style home is a 3BR / 3BA with a finished lower level, ideal for guest accommodations. The steel cable railings on the staircase are a nice design touch. The upper level boasts fabulous 10-foot ceilings and a luxurious master bathroom. The kitchen is gorgeous with white cabinets and marble counters.

Assuming a homebuyer puts down 20 percent on a conventional loan, her cash to close number will be approximately $198,275.95. Monthly payments will then be around $2,594.77. For a complete picture of cash-to-close, including the seller’s net proceeds from this home-sale scenario, check out the Close It! Web version or download the free Close It! iOS app.

Related Articles

Leave a comment

You are commenting as guest.
  • Ways to save at closing

    Title charges are the largest chunk of closing costs and can vary by hundreds of dollars.

    Learn more

  • What are closing costs?

    The real estate closing process involves loan steps, legal steps and title steps.

    Learn more

  • What's title insurance?

    Insure your legal ownership just like you'd insure the building, but for lots cheaper.

    Learn more

Connect with us

Our blog contains general information only, not intended to be relied upon as, nor a substitute for, specific professional advice. Rate tables and figures that appear on our blog are deemed reliable but not guaranteed. For current rates & policies, refer to our Quick Quote and Consumer Guide. We accept no responsibility for loss occasioned to any purpose acting on or refraining from action as a result of any material on our blog.