GDoN Revisited by Hipchickindc – 136 North Carolina Ave SE

Voted one of the best real estate agents in DC by the Washington City Paper Readers’ Choice Poll in 2009, hipchickindc aka the not-so-hip Suzanne Des Marais is an Associate Broker with Urban Pace. She lives (and sells a lot of houses) in Bloomingdale, but works all over DC, with everyone from first time buyers to highly regarded developers. 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: 136 North Carolina Ave SE

Original List Price: $779,000.
List Price at Contract: $779,000.

List Date: 09/08/2010
Days on Market: 9
Settled Sales Price: $772,500.
Settlement Date: 10/12/2010
Seller Subsidy: $0.
Bank Owned?: No Short Sale? No

Type Of Financing: Conventional with a first and second trust. A select few lenders are currently offering a 2nd trust. Typically, the borrower must have stellar credit and still puts 10% of their own cash down. This financing strategy can be used to avoid private mortgage insurance. It also may be a good choice for someone who is expecting a lump sum of cash or gets paid in bonuses and intends to pay the second trust off sooner rather than later.

Original GDoN is: here.

The Listing can be seen: here. To see the mouse on house tour, click the film strip icon.

Given that this property falls into the very narrow margin that is actually identified as the legal subdivision of Capitol Hill, and that you can practically look out the front door and see the Capitol Police standing on street corners, I think we can avoid the typical dispute of whether or not we all consider this Capitol Hill. This is quintessential Capitol Hill. Period.

No central air, pink subway tile bathroom, street parking, “finished” basement…no problem. It’s The Hill! Sold in 9 days. $772,500.

Hey, it does have some nice heart of pine floors, gorgeous unpainted wood doors and trim, a huge 2000+ square foot lot, LOVE the vestibule tile, and yes, it came with a hot tub.

4 Comment

  • Once again, the commenters on the original GDON post show they have no clue about real estate in this city, considering this place sold in nine days for almost exactly the asking price.

    And the comments are usually the wrongest when it comes to Capitol Hill houses, for some reason.

    My favorite was the genius who said it was $100k overpriced. Good call.

  • If I had a million to spend on a house this would have been it. (779K to buy 221K to improve)

    And I doubt anyone on here commenting is a real estate agent, or expert, so give em some slack anon.

  • I think I may be the genius that anonymous is referring to. I was shocked it sold so quickly for that price. 300 s carolina and 504 3rd are basically the same house, in much better condition, and they sold for around the same amount. I think my personal aversion to major renovations might be coloring my views.

    Not that it should matter, but I’ve lived in this area of Capitol Hill for a while, I’ve bought and sold houses. Clearly, I should stay out of real estate for investment (although, this sale makes me pretty happy about my most recent house purchase).

  • I used to live across the street. Awesome neighborhood: block to the Metro, great park up the street, bars & restaurants on Pennsylvania, a nice mix of singles/families, older folks/younger folks. A good deal.

Comments are closed.