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.

Close It! House of the Week: Nicely updated, lots of room in Glover Park

Close It! House of the Week: Nicely updated, lots of room in Glover Park

This week we’re checking out a cooperative apartment nestled in quiet Glover Park, not far from the National Cathedral and several shops and restaurants. It’s listed for $299,000.

At 930 square feet, this 1BR / 1BA apartment is larger than most. The kitchen has been updated. There’s a large walk-in closet, and the living room and bedroom both have built-in bookcases for additional storage.

Assuming a homebuyer puts down 20 percent on a conventional loan, her cash to close number will be approximately $68,604.75. Monthly payments will then be around $2,527.29, which also includes the coop fee of $1,139. The coop fee includes property taxes, utilities and parking. 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.

Close It! House of the Week: Bright unit with luxurious features in a super walkable location

Close It! House of the Week: Bright unit with luxurious features in a super walkable location

This week we’re venturing in the super walkable Columbia Heights neighborhood to check out a newly constructed 2BR / 2BA condo, the last unit for sale in a rowhouse conversion project. It’s listed for $649,000.

Dark hardwood flooring, exposed brick and quartz countertops are some of the special design features offered in this bright unit that lets in lots of sunlight through large windows. The master bathroom features a marbled-topped vanity and luxurious rain shower head.

Assuming a homebuyer puts down 20 percent on a conventional loan, her cash to close number will be approximately $148,130.61. Monthly payments will then be around $3,253.75, which also includes the HOA fee of $190. 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.

Top D.C. real estate stories (Week of April 24)

Top D.C. real estate stories (Week of April 24)

Two former Olympians now working in D.C. commercial real estate, a banner war in Southwest, high hopes for D.C.'s spring real estate market and more in this week's top stories.

D.C. building bans balcony banners after residents use them to argue about politics | Washingtonian

The likely inspiration for this sudden order, according to one resident, was a rush of political banners in the past few months, starting with a “Trump: Make America Great Again” flag that appeared shortly after last November’s election.

D.C.'s missing middle | Urban Turf

Their income enables them to afford a monthly mortgage, although likely not a down payment, for a home.

This spring's real estate market likely to be busier than last year's | Curbed DC

Some of the factors that survey respondents said will contribute to a busier spring include an improved job market, more first-time homebuyers entering the market, more qualified buyers.

D.C. area tops the list for black, Latino homeownership rates, Trulia says | Washington Post

The D.C. area tops the list for the largest increase in black homeownership between 1990 and 2015, with a 9.6 percent rise.

7 former star athletes in D.C. commercial real estate | Bisnow

Commercial real estate is a competitive industry, and some of the top players in the DC market have backgrounds in high-level sports that set them up for high-stakes dealing.

Close It! House of the Week: Bright, open townhouse condo with easy city access

Close It! House of the Week: Bright, open townhouse condo with easy city access

This week we’re heading over to the D.C. side of Chevy Chase to check out a spacious 2BR / 1.5BA townhouse-style condo on Connecticut Avenue. It’s listed for $525,000 with an open house scheduled for this Sunday.

In addition to an open floor plan with 10-foot ceilings, this unit features a beautiful wood burning, brick fireplace and a fully renovated kitchen with breakfast bar. A private balcony looks onto a quiet, residential street, but it’s just a short walk away to Metro as well as the shops like Politics and Prose and restaurants like Comet Ping Pong.

Assuming a homebuyer puts down 20 percent on a conventional loan, her cash to close number will be approximately $121,149.89. Monthly payments will then be around $2,721.16, which also includes the HOA fee of $251. 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.

  • Ways to save at closing

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

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  • What are closing costs?

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

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  • What's title insurance?

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

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