This week we’re exploring a converted school house in the heart of Logan Circle where an amazing 2BR / 2BA condo with 14-foot ceilings and custom closets is waiting for the right homebuyer. It’s listed for $815,000.
The unit was renovated in 2015 and features heart of pine hardwood flooring, new kitchen appliances and large windows with custom window treatments. Many of D.C.’s tastiest restaurants, located along the 14th Street Corridor, are essentially at the doorstep of this prime location.
Assuming a homebuyer puts down 20 percent on a conventional loan, her cash to close number will be approximately $184,936.32. Monthly payments will then be around $4,852.40, which includes the HOA fee. 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.