Good Deal or Not? Reader Request “Classic Victorian” Edition


This home is located at 131 10th Street, NE:

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The flier says:

“Top quality restoration of a classic Victorian Bayfront, on a Best Block. Period details (eg. , working transoms, vintage mantels) meet modern updates (even a central vac!). 3 brs, 2.5 bas, well-proportioned LR & Dr, each w/ wkng fpl, spiffy Kitchn, charming patio, full basement. Terrif location, just off Lincoln Pk.”

More info and photos found here.

The reader writes:

“Hey there – my neighbor’s place just went on the market. $709K asking. We’ve had 3 houses sell on our block in the last 2 mos for over asking, so I’d be curious what folks think of this one. I went to the Open House today, and the place is absolutely gorgeous.”

I think it’s a good looking house but I don’t know 10th Street, NE that well. What do you guys think of the house and of course does $709,000 sound reasonable?

20 Comment

  • well it’s been on the market for 7 days and already has contingent status, so at least one person thought it was a good deal. I’d agree–it’s not flashy or brand new, and it’s not huge (the baby’s room is small, there’s no real backyard, and only street parking), but it has some pretty touches and you could easily move in without doing any work on the place and it has 2.5 baths when a lot of 3br rowhouses only have 1 or 1.5. If you have a decent down payment saved up (or are selling a previous home for a profit) the mortgage + taxes will be around $3500 a month, which isn’t much higher than rental prices for rowhouses around there.

  • great looking house, but not sure how nice that block is.

  • Good deal. This is a great neighborhood, literally blocks from Eastern Market.

  • A little far from the Metro, but street parking is usually OK that area. Radiator heat is a little annoying, and I’d like to see a square footage number, but it’s in a beautiful neighbourhood. If I was rich, I’d hit it.

  • Radiator heat is actually pretty nice, as long as the system is functioning correctly and properly maintained.

    But $709k for 1,100 sq. ft. in Lincoln Park is not a good deal. Just look at the spaces. There isn’t a lot of furniture in that living room, yet it all looks haphazardly crammed in there.

  • I love that block and the surrounding hood. Plunge in and take it.

  • I have been in the home, it is cramped and choppy, bad deal.

  • it’s not 1100 square feet – that is the lot size.

    this place is phenomenal. underpriced.

  • PoP I hate how you show houses because it always makes me jealous! This is the first house that I have absolutely fell in love with and I wish I had that kind of money. Even though the living room is on the cramped side, I love the bookshelves (built-in? looks it) and I think if you had a minimalist style (I do) this would be a great place. Definitely can’t afford it, but I think it’s beautiful.

  • I think it looks beautiful, the location can’t be beat, and the price is right. It is so close to Lincoln Park. I want it!

  • I haven’t been in but my guess is that it is a little small, especially with 2 baths–you have to take the space from somewhere. Probably a little high in price. 625K seems more like it.

  • That’s a very nice neighborhood. Probably too quiet for most readers. An excellent deal.

  • i can’t believe it has working transoms! the transoms in my place have about 50 coats of paint welding them shut.

  • Good neighborhood, fairly quiet, but plenty of foot traffic along Mass. I used to live south of Lincoln Park and it’s gotten very family friendly; lots of kids, dogs, and joggers in the park. You can walk to Union Station, Eastern Market, or the restaurants/bars on 8th, Penn, or the Hill. If I had to live in DC, it would probably be in this neighborhood.

  • The low price tag caught my attention for that block. 1/2 block from Lincoln Park (to the nw). Willing to bet that the price comes in well above list, unless theres something wrong with it that the photos mask or I’m missing something. Many Hill houses have street parking (it’s a little tight but manageable). Not very far from EM Metro either !0th St. S to NC SE to 7th S (less than 10 minute walk).

    Really don’t like the upstairs bath. Photos are blah, but they got this under contract fast.

  • Ahoy !

    You might expect Peter Sellers from the film Being There to greet you at the vestibule double door entry of this authentic gem, after walking up the 1905 cast iron staircase from a brick paved sidewalk.

    Original door frames and trims, still functioning transoms above, wainscoting in hallways, vintage light fixtures, ceiling details, wood floors, original stair balusters, handrails, spindles, functioning fireplaces with vintage mantelpieces; all of it with not steam, but with hot water heat radiators throughout add up to an uncommon availablility of a true 100 year plus old DC rowhouse survivor.

    This is as close and true to a Victorian two story and basement Washingtonian rowhouse interior as you’re going to find in 2009 -worthy of historic designation.

    Only the original gaslights, kitchen and baths are missing.

    The unfinished basement with its own front entrance has potential as well.

    An examination of the abstract of title will find very few owners in the chain of title to this old gem.

    With a good sloped roof, this rowhouse could last another 100 years easy; perhaps even outlive some of the modern loft structures being built today, -but not the ones I build.

    A rare find, a real McCoy jewel for the discerning buyer so inclined to a traditional residential urban Washington space.

    I’m not one to comment on these good deal or not postings, but this rare property is worthy of commentary.

    Reformed Somali Pirate “Tantum Eruditi Sunt Liberi”

  • really? I mean its fine, but there is an awful lot of circle jerking over a place that is well, fine.

  • This is my neighbor! I was the 2nd person through the door at the Open House this weekend, followed closely by several of my neighbors. If I didn’t already live here, I’d be drooling over this place. (Let’s be honest – I still am. I’ve always loved the built in vacuums, the basement storage is fantastic and the transoms and built-in shelving is fantastic!) And, as a special bonus, whoever buys this place gets to watch me and the pooch drinking wine on my patio from their bedroom window. (That sounds creepier than it was meant to.) I suspect they’ll get a bit more than asking on this one, like the rest of the folks on the street who’ve recently sold.

  • “I mean its fine, but there is an awful lot of circle jerking over a place that is well, fine.”

    Like most houses on the Hill, you either get it, or you don’t get it. That’s why these places are on and off the market in a flash, and why they often generate bidding wars in the worst national RE market in several generations.

    If it were any more than “fine”, it’d be another $100-$150k. 🙂

  • ibc sums it perfectly. It had 5 offers. if baths and kitchen were redone, $800K, easy. If you get these houses, you knew this one had it in spades the second you walked in the door.

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