Good Deal or Not? Wide Open Layout Condo Edition


This condo is located at 1435 Chapin Street, NW:

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The flier says:

“WOW! New, never been lived in HUGE 1BR+den/1.5BA with parking!!! Just a 1/2 block to Meridian Hill Park and a few blocks to either U Street or Columbia Heights Metro. .. best of all worlds!! HWD floors, Silestone counters, Stainless Appliances, W/ D, SOUTH facing windows with LOTS of light & pet friendly! Become a part of the HOT U Street neighborhood!!!!”

More info and a virtual tour found here.

So this is a 2 bedroom 1.5 bath located fairly close to Meridian Hill Park and U Street. It’s got a very open layout. The asking price is $459,000. In addition to whether or not you think the price is realistic, what do you think of the condo itself?

21 Comment

  • Low condo fees but I don’t quite see where “lots of light” would be coming from. Tiny kitchen with limited counter and storage space. Looks kind of generic, nothing special. Would not pay that kind of money for this. )-:

  • Like the lobby but the condo itself is blah, the den is tiny and not useable as a bedroom, kitchen is tiny as well, and it is boxy and generic. Drop 40-50 grand off the price then we’re talking.

  • With such a close proximity to Euclid and Clifton, the only word that captures that property is “Thuggarific!” Proximity to the park is nice, but the quality of the heroin sold there is nothing like it used to be. Definitely needs to fall $30-50k to make it a good deal. There are plenty of decent units in non thuggy areas at the $450 pricepoint.

  • This isn’t U street and they should price the condos accordingly.

  • I toured the building when it was first going on the market and it’s well put together, but that unit looks kind of small for the $450k asking price. And while it’s pretty close to U Street, the immediate neighborhood still has some pretty serious crime problems. Other than that, and as long as you don’t mind climbing a huge hill to get home, it’s a great location.

  • why do realtors always use the word “wow!”

  • I’m just glad they didn’t refer to the neighborhood as either NoFla or SoCoHe.

  • What do I think? I think it’s utterly ridiculous. Not only is that neighborhood awful (I used to live on the other side of the park, so I know), but why would you pay that price for a tiny place when you can have a whole house for the same price? That apt will look trashed as soon as you bring in the mail. Maybe I’m getting old, but I just don’t get it.

  • There’s a difference between open, modern design and just tearing out walls and sticking up a bunch of drywall. This is just a generic box with zero personality.

  • I didn’t even look at the pics, but on principle, it is not a good deal. When your ad uses “WOW,” “LOTS,” and “HOT” as its keywords and you also reach double-digit exclamation marks, what you are selling is not value.

  • I bought a year ago on the same street. I got two real bedrooms, two full bathrooms, a balcony and much more storage space (same square footage) in a renovated building for less than 400K. I wish 459 was a reasonable price, but it just isn’t right now.

  • The definition of the word “blah”.

  • Weird, but my initial thoughts were “this is a very clean and open prison.” I can’t explain it.

  • This area is ***quite sketchy*** and I would not feel comfortable at any time of the day walking home.

  • What’s great about this area is all the development happening within a few blocks of this street. I think it’s a great area to get into, despite the “sketchiness” that make some people uncomfortable. As a 20-something woman, I’m not very bothered by it. Most of the people i run into are family people or people just trying to work two jobs and enjoy the beautiful life. I spend some time tutoring at Cardozo, and am impressed with the kids I meet there (granted, they are the ones trying to make the most of a DCPS education). I agree, it can be rough sometimes, but I don’t think it’s necessary to gernalize.

  • 300k

    That den is wasted space. What are you going to use it as? An out of season closet?

    The kitchen is oriented the wrong way, it should be along the long ‘art wall’ and the doors could be placed better too.

    Who is going to pay the $3,000 a month mortgage to live in a tiny apartment on that block? Common wisdom is to buy the worst house on the best street, not the best house on the worst street.

  • I agree that the unit is overpriced for its size–you could not use the den as a second bedroom and the layout feels kind of cramped from the photos. But I don’t agree that the neighborhood is thuggish or sketchier than most of the properties featured on this site. Yes, if you live near the cathedral or in Cleveland Park this neighborhood would be a big adjustment. But it’s no worse than the rest of Columbia Heights or even Adams Morgan, and I like the proximity to U St. And you could not buy a house in this location for $450,000. In parts of Petworth, maybe, but that’s comparing apples and oranges.

  • My husband and I looked at this bldg. 2 years ago when we were condo hunting and it is definitely boxy and bland with really small bedrooms. As far as the sketchiness factor of the area, we lived on this block back in 02-03 and it was MUCH sketchier back then, but I don’t think it’s as bad as it’s being made out to be here. We never had any problems back in 02-03. And it’s certainly gotten better given all the new development that didn’t exist in 02-03. You should’ve seen what was in this space before this bulding!

  • improved area, but i agree with the folks above that noted the block’s continued sketchiness.

  • Way too much! About 50-60k too much. I own a condo in the area.

  • Why would you spend that much to live in what looks to me like an oversized college dorm room?

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