See the duck in the first picture, it was left by the previous owners as a door stop to keep the door closed. Well we don't need ducky anymore because I installed a magnet to keep the door closed. The hinges are still the same, just stripped the paint off and the little door knob I found in my tool box. By using mostly existing items I managed to spend only about $37 on the project so far (Quart of tinted primer $15, trim $8, ceiling medallion $10, lamp holder $2, door magnet $2).
There is some weird trim action going on on the right side of the door. Not sure what purpose the piece in the upper right corner is serving but I was afraid of ripping it out. Should I paint the little piece of wall framed by the trim dark as well or should I leave it white? Debating this with myself right now...
The existing "kickplate" looked similar to this one before I worked my magic ;) I countersunk the screws and then filled the holes with spackling paste, sanded everything and finally painted the kickplate.
This is how the underside of the door looks like - not pretty but you can't see the ugliness now that it is hung.