Good Deal or Not Revisited by Hipchickindc – 2200 1st St, NW

Hipchickindc is a licensed real estate broker. Her latest business venture can be seen here. 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: 2200 1st St NW
Legal Subdivision: LeDroit Park
Advertised Subdivision per 1st Listing: LeDroit Park
Advertised Subdivision per 2nd Listing: Bloomingdale
Original List Price 1st Listing: $975,000.
Original List Price 2nd Listing: $929,900.
List Price at Contract: $929,900.
List Date 1st Listing: 05/13/2011
List Date 2nd Listing: 09/09/2011
Days on Market 1st Listing: 87
Days on Market 2nd Listing: 45
Settled Sales Price: $899,000.
Settlement Date: 12/16/2011
Seller Subsidy: $0.
Bank Owned?: No Short Sale? No
Type Of Financing: Conventional
Original GDoN post is: here.
The listing can be seen: here. The virtual tour for the 2nd listing of the property can be seen here and the pictures used to market the property for the first try can be seen here.

Per the disclaimer at the very top of this post, I am hereby disclosing that I was ultimately the listing agent that sold this property. Prior to my listing, during the time that PoP profiled the home as a Good Deal or Not (GDoN), it was listed by another agent with another company. The property had originally been listed during the Spring market.

Following the previous listing, we took it off the market for about a month to freshen the listing. It came back on in September with a new set of professional photos (see link above) and a lot of enthusiasm. I am especially proud of this listing as it represents the highest sale for a home in Bloomingdale or LeDroit Park since 2007.

Continues after the jump.

Although many people only became aware of Bloomingdale within the past couple of years or so, it’s important to note that the renovation and sales boom had been going on in the neighborhood from the early 2000’s until a price peak in 2006. Prices are just now starting to reach above the point where the price bubble hit. There was some discussion in the comments on the original GDoN post about what it would mean for a listing to sell for over a million dollars in Bloomingdale. There actually has already been a seven figure sale in Bloomingdale, when 2301 1st St NW transferred for $1,050,000. in 2005. Still, I tend to agree with the commenters, that it would suggest a shift in perspective. The Washington Post did a story in 2000 or 2001 when the first house on The Hill sold over a million, which definitely marked a turning point in that neighborhood.

The home was designed by noted DC architect B. Stanley Simmons, and built by Ray Middaugh. You can read more about the early history of the property here, courtesy of PoP reader and local historian, Brian Kraft. Prior to the recent mid-2000’s renovation, 2200 1st Street NW had been known in the neighborhood as Big Blue (you have to click on the listing link after you open the first link to see the pic of Big Blue as she used to look).

In addition to being the listing agent, this property has also been the subject of some of my paintings.

17 Comment

  • i just read the original GDoN post… a couple people said they thought the listing price of $975K was LOW? Really?!

    • I got that a lot during the open houses (that the price was low). A lot of the people who looked at the home had been looking first on Capitol Hill. Had the same property been physically located on The Hill, I would have listed it for over $2 million.

      • Hmm, I guess… and if it were in Georgetown, it’d be 4 million. Still seems odd to me.

        • The three rules of real estate. Location, location location. If this house was in Georgetown it would have fetched a lot more then 899k. If your looking in GT or the hill and you see what a cracker box you can get for 899k and then you come to bloomingdale and you can get such a substantial house for that amount….seems like a hell of a deal

  • I think this is a great deal. The houses on first street are some of the best in the city. We almost bought a similar house further north on first street in 2003 for 575k. Wish we had.

  • Suzanne – Congratulations – to both you and the buyer – hope they will be happy in Bloomingdale. This is one of the few houses in the neighborhood that I never got around to visiting during an open house. Curious – had the buyer been looking in Bloomingdale for very long? It seems like there have been several big houses on First on the market this year.

    • Hi Betsy! As far as I know, the current buyers had not been specifically looking in Bloomingdale. There have been at least two other recent sales of corner homes on 1st St, including the one directly across the street from this one, and one block south. Your house is looking fantastic! Suzanne

  • Ok PoP and PoP readers – I know this is a blog and not the NYTimes – but does any one else think it’s a questionable editorial practice for a feature written by a realtor to be focusing her own properties and providing commentary on how she got the highest price on a listing in the neighborhood in 4 years? I read this and my reaction was , that’s nice but shouldn’t this be in the advertising bar on the right. Curious what folks think about a feature writer who, while knowledgeable on the subject, is also pretty blatantly promoting her own services. Others? Maybe the writer should just have a blog on her own website.

    • Prince Of Petworth

      Hahaha, as acting Ombudsman allow me to respond – no there is nothing wrong with this – that is the whole the point of a disclosure. If you simply have a bone to pick please email me directly. Thanks.

  • PoP and Suzanne can respond to your remarks, but as a regular reader, I don’t have a problem with Suzanne’s posts including some of her own properties. She posts weekly on and as on PoP, discloses when she mentions her listings. She is a busy agent in the Bloomingdale neighborhood, which has a large following of PoP readers. If she didn’t include her own listings from time to time, the rest of you might not realize how fabulous our neighborhood is!!

    • I have no problem with her mentioning or writing about her own listing. She always includes a disclaimer that she is a realtor and if a property that is mentioned is her listing. She is a good writer and great supporter of this neighborhood.

  • Suzanne, you have missed several houses in your list of bloomingdale home sales that have sold in 8s since 2005. Take another lOok along first street from 2007 onward. I know Of 2 you missed above 850k on first in 2007 and 2006.

    • That is true, 2228 1st st sold for just 20k less then this house in the later part of 2009. It is configured as 2 large units one is a rental the other the owner lives in.

  • For anybody concerned about the integrity of my data, here is the tax record data with all sales reported over $800k on 1st St NW in Bloomingdale. Keep in mind that the tax data does not reflect any subsidies paid by the seller toward closing costs. The sale mentioned above may not have appeared on the report that I posted above as currently the reports do not integrate residential and multi-unit listings.

    For anybody concerned about the posting of information regarding my own listings, you can choose not to read the posts. Of the 48 or so posts I do per year on PoP, you can skip the 2 or 3 that might be my own sales.

    Happy Holidays and a Healthy and Prosperous New Year to All (yes, including my competitors).

    • Thanks Suzanne. Surely, you can see that the list you just posted does not algn with the data posted in your article above. I think it would make your data look even better. Also single family homes might have an englsh basement that doesn’t really make it a multi unit. Even the house you just sold has an apt so should be classified multi unit as well. Unless the unit is not being reported legally.

      How would your stats look when you include all the data from the tax report you just posted?

      Btw, you are awesome. And I love your postings, blogs, weekly lists, paintings, value to the neighborhood, and hip chickness. Thank you for all you add to our neighborhoods. Merry Christmas.

      • Hi Steve,


        The “multi-unit” that I was referring to is how a listing is entered into the multiple listing system. I can’t merge two categories of reports, so it’s hard to include visuals that show every single sale in the neighborhood.

        Bottom line, it is a great sale for those of us who already own property the neighborhood.

  • 2018 definitely sold above 800k. Single family residential. Should be added to the list.

Comments are closed.