on April 1st we noted coming soon signage was posted for Willie T’s Lobster Shack located in the former Marvelous Market sace right next door to Kramerbooks. They’ll be opening next week according to an artist who worked on the space – Arielle Jessop:
“I spent a week down in DC completing the buildout for Willie T’s Lobster Shack that will be opening next week. I did all of the drawings and interior design work for the new restaurant located in the chic neighborhood of Dupont Circle. I did everything by hand; the signs, logo replication, paintings on the wall, and writing on the walls with lobster trivia. I especially love the way the light comes through the wood hanging overhead, as it mimics the feeling of being underneath a boardwalk at the beach. It was really cool to see my vision come to life. I loved doing this project and look forward to working more in restaurant design.”
Hipchickindc is a licensed real estate broker. She is the founder of 10 Square Team and is affiliated with Keller Williams Capital Properties. 10 Square Team is a popville.com advertiser. Unless specifically noted, neither she nor the company that she is affiliated with represented any of the parties or were directly involved in the transaction reported below. Unless otherwise noted, the source of information is Metropolitan Regional Information Systems (MRIS), which is the local multiple listing system. Information is deemed reliable but not guaranteed.
Featured Property: 2815 Q St NW
Legal Subdivision: Georgetown
Advertised Subdivision per Listing: Georgetown
Bedrooms: 3 Baths: 2.5 Parking: Street Basement: Yes, Fully finished Ownership: Fee simple
Living Square Footage per tax record: 2010 Original List Price: $1,595,000. List Price at Contract: $1,595,000.
List Date: 3/4/2014
Days on Market: 9 Settled Sales Price: $1,770,000
Seller Subsidy: $0.
Settlement Date: 4/7/2014
Bank Owned?: No Short Sale? No
Although sometimes it seems like the majority of DC real estate is out of reach financially to a large majority of residents, the reality is that homes selling between $1,000,000. and $2,500,000. generally make up approximately 8-10% of the market. As the price points go up, that share goes down substantially.
According to RBI, which is the statistics arm of MRIS, the only zip code in the District of Columbia with a median sold price point over $1,000,000. is 20007 (Georgetown/Burleith). The next highest median sold price (probably evened out by the large volume of co-op and condo units in the area) can be found in 20015 (Friendship Heights/Chevy Chase) at $870,000.
The median sold price as of March 2014 for the entire city is $473,125. The lowest median sold price is in zip code 20032 (Congress Heights) at $127,500.
The listing agent was Nancy Taylor Bubes of Washington Fine Properties.
Back in Dec. we noted Potbelly had closed for good after first closing in October for renovations. Thanks to a reader for sending word, and Custom Fuel confirming that they’ll be taking over the space. Updates when renovations progress and they get closer to opening.
You can talk about whatever is on your mind – quality of life issues, a beautiful tree you spotted, scuttlebutt, or any random questions/thoughts you may have. But please no personal attacks and no need to correct people’s grammar. This is a place to vent and/or celebrate things about daily life in DC.
“District officials are considering creating carpool and toll lanes on part of the 14th Street bridge and other stretches of city highway as early as next year, offering motorists with means a way of speeding their commute and pushing the nation’s capital into the debate over the costs and benefits of “congestion pricing.” The High Occupancy Toll, or HOT, lanes would be free for cars carrying at least three people, according to a District planning study.”
CBS local reported: “The cost would be around $8 million.”
Think it’s a good idea? Besides the 14th Street bridge where else do you think it should be considered?