Real Estate

ULC Buyer Workshops: $223,987 Deanwood 3BR Row w/ Spiral Stair & Deluxe Features

Here’s a Focus Property that’s a great first time home buyer purchase in Deanwood. This 3BR row home is 1,656 sq. ft. in total, 3 levels including a finished basement and is listed at just $223,987 by ULC Workshops Agent Jacques Edelin. The property is located at 4930 Just Street, NE in Deanwood.

4930 JUST ST NE  Washington  DC 20019  MLS   DC8732792    DC Real Estate   UrbanLand Company

This value priced row home is full of great surprises inside. The living room has a one-of-a-kind spiral staircase as a design feature that drops into a fully finished basement rec room,” commented Edelin. “The home has a top to bottom renovation with new luxury kitchen, designer bathrooms and brand new HVAC and included washer/dryer. This is a turn-key value buy that gets you out of renting right now.” The full listing info & details are here.

4930 JUST ST NE  Washington  DC 20019  MLS   DC8732792    DC Real Estate   UrbanLand Company2

4930 Just Street, NE starts out at a great value. The home has been listed as high as $249,900 in the recent path. “The current $223,987 asking price makes this home a perfect target to use a $0 Down or low down payment mortgage,” said Gerard DiRuggiero, Principal Broker of UrbanLand Company. “That drop in price offsets the slightly higher loan fees and mortgage insurance that is required for a low down payment loan. You end up with a nice, very low monthly payment when you’re using $0 Down on a reasonably priced property like this. Plus, spiral staircase!”

More info on the DC Open Doors $0 Down Program

Your core monthly payment to own this home using available financing is between $1,000 and $1,100 per month, not including mortgage insurance, loan fees, taxes, etc. You have to have fair to good credit, steady employment and have to adhere to certain rules of ownership. “Look at that number and compare it to what you pay your landlord. The key to this type of affordability is today’s low interest rates. The costs of borrowing for this mortgage is around 3.93% on a 30 year loan depending on your credit. That monthly payment is so low due to that super low rate combined with a great home price!”

UrbanLand’s Buyer Workshops are available twice weekly on Tuesday nights at 5:30pm and on Saturday mornings at 10am. RSVP for a session by emailing us or calling 202.299.9223.

Here’s a few of the homes that some of our other recent Workshop attendees have successfully purchased using our strategic guidance and first time buyer representation service.

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