Good Deal or Not? “NEW STAIRS” edition

This house is located at 648 Morton Street, NW:


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The listing says:

“STUNNING COMPLETE RENOVATION & EXPANSION – WALK TO METRO! 2 UNITS 3BD/2.5BA UP – 1BD/1BA DOWN. SEP METERS – 2 HVACS – 2 HWH – 2 KITC – 2 W/ D NEW ROOF, 2 GOURMET KITCHENS WITH GRANITE & SS APPL. BAMBOO FLOORS THROUGOUT. NEW STAIRS. ALL BATHROOMS WITH GRANITE, GREAT REAR FENCED YARD, REAR DECK, PARKING FOR TWO! LOWER LEVEL UNIT WITH FRONT & REAR ENTRANCE. RUN TO SEE THIS BEFORE IT’S GONE!”

You can see a virtual tour here.

This 4 bed/3.5 bath is going for $599,000.

20 Comment

  • This house is basically in Park Morton, so no.

    • Park Morton is going away. Several years ago I looked at a house on this block, and I was really tempted, but I just couldn’t get past the number of drug baggies on the street. The one I looked at was half the price of this one, though, and I think it will appreciate a bunch once PM is gone. I think this is priced like it’s already gone, though.

      • The redeveloped Park Morton plan features more subsidized housing that is currently available onsite. 206 (roughly) new subsidized vs. the 175 or so that are currently there. There may be some market rate involved, but the developers have already switched up plans a few times. The Park View blog has more details.

        • I’m well aware of the plans for the redevelopment, and they are nothing like the current poverty-warehouse cul-de-sac of doom.

          Subsidized housing isn’t a bad thing. Badly planned subsidized housing is a bad thing.

          • its going to be the same people living there now but in new shiny buildings. the new park morton will not make a difference!

  • Depends what you could rent the basement for in that neighborhood, I guess… the price seems a bit high to me for a place east of Georgia and Sheman but 5 years from now I can see how this could look like a pretty smart purchase.

  • If that house goes for $600K I’m selling my house tomorrow for $800 million.

  • This place will likely get multiple offers and go for over asking, assuming the immediately adjacent houses aren’t 1) ready to collapse due to neglect, or 2) home to fire-breathing crack dealers.

    There is such a lack of supply that most buyers are willing to overlook a lack of perfection (i.e., not too far away from perceived trouble spots or stylistic differences with how the renovation was done).

    • this block is the “hot mess” people make reference to when using that phrase.

      • Yeah, I looked up the google street view and I can see where the trepidation is coming from. I’m not sure how I would have responded to that block had I still been in the market for a house. Take it from someone who just got lucky and won a bidding war–it’s a jungle out there, and people who have been outbid 5+ times get desperate. There is NO supply whatsoever. One house I looked at that was an A+ renovation I passed on it b/c the adjacent house looked like it was ready to crumble into the earth amongst piles of crack viles and discarded prophylactics. I passed, but someone else paid the asking price (close to $700k).

  • Looks like a really nice house. Wish some photos would show the bedrooms/bathrooms and backyard though.

    With reference to the location, all-in-all not a bad spot. PM is going to be razed and scattered with market rate sprinkled in as well. The SE corner of Georgia and Morton is slated to have a nice 100 unit market rate building constructed soon. While this block wouldn’t be my #1 choice, the blocks surrounding (700 block of Morton, 600 blocks of Lamont and Kenyon, etc…) are nice.

    I think it may be $20-40k overpriced but given the current under supply-who knows?

    • Click on the link that says “virtual tour here” in blue letters. It has pictures of the yard, bedrooms, etc. Though no picture of downstairs living area, oddly…

  • Looks great inside, but the listing does injustice to the reality of the neighborhood. People who don’t look beyond the listing photos may fall in love with it before they know the reality. Good house, solid renovation, but the neighborhood is a big factor. Things like being able to park your car safely, being able to have your kids play outside etc. are all big points at that price. Luckily it has a big back yard. I’d invest if I was looking for a long term property that I can rent out to people, but the neighborhood needs improvement.

    I would have a lot of things in a better position/location which I could buy for around $500k though… It’s a lot of money to have in this market, regardless of the current inventory.

  • Either it’s the funky camera lens or that kitchen is a mile long. Phew. While I generally don’t like open floor plans, I really don’t like them in a house like this that appears to be wider than usual. In the case of narrow houses, I can see how an open floor plan opens the place up, but here, I think it’s unnecessary and unattractive.

    Also, is it me or does the kitchen back splash clash with the granite? Also not a fan of using the same granite in the bathroom. Hey, sale on such-n-such granite!

    I also am not a fan of putting the AC units right next to the deck. Lotta noise there.

    However, I’m inclined to agree with the others that this will probably get close to asking….

  • Wow, I need to sell my house. It’s like a time warp to 2005.

  • Wow. That is some seriously shoddy construction. If errors can be seen in photos, just imagine how much worse it looks in real life.

  • we have friends who live a few blocks away and this is still NOT my favorite neighborhood. They are putting in a new park and playground over near the big intersection between the hospital and Irving and there are lots of cute kids at the (treeless, hot) playground up the street at Georgia. Too much sketchiness still in that area.

    • “that area” is pretty much the 600 blocks of Park Road, Morton St and to a lesser extent the 500 and 600 blocks of Lamont.

  • i hope that there is a follow up on this one. despite the comments i think it will go for at or above the ask. fine it is a bad block but it is a pretty good neighborhood all in all. and the rental unit means additional coin and a larger poll of potential buyers.

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