Good Deal or Not? “federal style home lovingly renovated” edition

This home is located at 1020 Park Road, NW:

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The flier says:

“Welcome to this spacious and light filled federal style home lovingly renovated by current owners! 4 br, 2.5 ba owners unit features original woodwork, pocket doors, chefs kitchen with pass-through to family room, 3rd floor Master Suite with walk-in closet & spacious bathroom. Formal dining and living room, 2 decks perfect for entertaining & 2 car OSP. 1 BR/1BA in-law suite rented for $1650”

You can find more info here and a virtual tour here.

This is a reader request but I’ve had my eye on this one as well. I actually checked this one out personally over the weekend. It is pretty killer with some serious character. Having said that, I’m not sure I’d drop close to a million for this location. What do you think of the house itself? Do you think it’ll go for $949,000?

23 Comment

  • I think the house is pretty awesome. Pricing it at close to a million dollars is not awesome. I can’t imagine this house will go for anywhere near that much but it’s definitely a beautiful house.

  • What make’s that a chef’s kitchen?

    • +1

      Not super impressed. Where is the stove, what is the floor plan?

      • If someone can afford a house like this, there’s no excuse to cheap out on the kitchen renovation. I wonder why they didn’t at least choose a stain in the kitchen that would match the historic woodwork throughout the house.

      • You can see the floor plan on the virtual tour.

    • Chef’s kitchen usually means it has high-end appliances and loads of counter space. Nothing more, really.

  • if you look at the $/sq ft it’s actually a good deal for how awesome a house it is. when you factor in that $1650 going towards your mortgage, i think it may even be a great deal. love the details

  • I actually think this is a great location but the downside is I think that particular block gets a fair bit of traffic being so close to New Hampshire.

    A house on the 1100 block of Lamont recently sold for $940k so it’s not unheard of but this one may have to go a little lower, maybe around the high $800’s. It’s beautiful, though.

  • We tried to buy this house when it was listed at $799k in 2007, but lost out – assumedly to the current owners. Honestly, with the exception of some paint and a new roller door, it looks pretty much the same. Great staircase.

    • but the neighborhood is a hell of a lot better than it was in 07. timing is everything (after location).

  • Where is the rest of the kitchen??

    captcha: keep spigot

  • 1325 Park went for $880K in Nov. It was smaller and had no pkg:

    This house should go for more than that one. Plus, $329/sqft seems about right for a renovated house in that location.

  • Meh. Crappy kitchen and bathrooms for the price. Would have expected a heck of a lot more. Floor plan’s more than a bit choppy, too.

  • if I had 950k, this is the house I would buy. with the exception of the crap cabinets in the kitchen (that really, if I were buying for 950k, I’d work out a credit to replace), it is BEAUTIFUL, and in a great location as far as i’m concerned (hello meridian pint, red rocks, dog park, giant).

  • I want to go there. A bit spendy, and definitely not a “chef’s kitchen”, but overall good times.

  • Ah, for christ’s sake. Not every row house is “federal”. Even a basic familiarity with architectural history would inform you that this is a simple Italianate House.

    • saf

      Amen brother!

      And let me add, not all row houses are “Wardman” or even “Wardman style” and that’s ok.

      • Or Wardman-esque for the matter. This is clearly not a Federal. In addition, they are renting the basement for $1,650? Apparently illegally, since this appears to have an inside connecting stair, which makes this not a two-family dwelling, but a one-family dwelling. At least, that is what I have gleaned from the DCRA’s new web site. I personally think that to pay that much money, why not buy in Mt. Pleasant or somewhere more secluded?

        • I live in Mt. Pleasant and I love it. But Mt. Pleasant Street has been a big disappointment in terms of retail. I find myself making the (long) walk to the retail and restaurant options on 14th and 11th. A place like this is right in the middle of the action. The location is not for everyone, but I can see why some would prefer it.

  • For those of you living there – I know it’s close to Wonderland and there’s lots of new retail, but isn’t it still a bit dicey? A million bucks to live 1/2 block from Sherman Ave., really?

    • Yes – really. 🙂 it’s around the corner from the restaurants on 11th st, and is less than a 10 minute walk to everything on 14th st (and the Ga ave metro as well). This stretch of park rd. has a ton of foot traffic, which helps with safety. Sherman Ave. isn’t that bad (I’ve never had any problems), and is getting redone with bike lanes, etc. this year. The house is also pretty big by DC standards.

  • It’s not dicey at all. In fact it’s as undicey as any part of columbia heights. And remember within a year two tops two brand new parks and a massive improvement of Sherman ave will be completed in the immediate viscinity. Add in the other likely development on 11th street and this area will be frantically beautified from how it presently appears, which is already not bad.

  • Usually I think POP readers exaggerate when it comes to the kitchen/bathroom renos, but that really is a shockingly crappy kitchen! Almost a deal-breaker for an otherwise beautiful home.

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