3900 Tunlaw Road, #612

Washington, DC 20007

Come home to this top floor renovated 1BR/1BA, new kitchen w/ Stainless Steel appliances w/ built-in microwave, granite countertops, gorgeous subway tile backsplash, crown molding, pretty hardwood floors, beautiful renovated bathroom, spacious bedroom, excellent closet space, price includes a garage parking space with a Tesla electric car charger, owner rents an extra outdoor parking space for $100/month, extra storage unit also conveys. Building allows pets, has rooftop deck and exercise room. Fabulous location - near Glover Park restaurants, shops, bus lines, AU, Georgetown, Cathedral Commons.CO-OPS ARE AN EXCELLENT VALUE: $245,000 - $24,000 (blanket mortgage, $300 monthly blanket mortgage fee is incl in co-op fee) $221,000 is the amount you calculate your dwnpymt, so 5% down, 245,000 - 11,850 = $233,150 @ 3% = $983 + 1,158 co-op fee ( incl all utilities, blanket mortgage pymt, taxes, bldg insurance, reserves, mgmt) + $111 PMI, $35, owner's insurance, total monthly pymt: $2,287 - tax deductions on mortgage interest from 1st trust & blanket mortgage, & taxes; w/ Co-ops, you own a share of stock in the bldg, so no DC recordation tax charged, 1.1% of sales price when you buy, or transfer tax, 1.1% when you sell, so closing costs are much lower than if you bought a condo, real estate taxes are typically lower than buying a condo, since the bldg is taxed & divided by the shares of stock & it's incl in the co-op fee, the price/SF is typically lower on co-ops than condos; since the sales prices are typically lower, but the SF is comprable; there are rental restrictions in Co-ops, but nice that there are more owners in the bldg; 3900 Tunlaw allows owners to rent for 1 year, if needed, with an additional $75 charged per month. Homeownership at it's BEST!