GDoN Revisited by Hipchickindc – 1623 Taylor Street, NW

Hipchickindc is a licensed real estate broker. She is the founder of 10 Square Team and is affiliated with Keller Williams Capital Properties. 10 Square Team is a advertiser. 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: 1623 Taylor St NW
Legal Subdivision: Crestwood
Advertised Subdivision per Listing: Crestwood
Original List Price: $972,900
List Price at Contract: $972,900.
List Date: 11/19/2012
Days on Market: 11
Settled Sales Price: $1,062,000.
Seller Subsidy: $0
List to Net Sales Price Ratio:109.16%
Settlement Date: 1/9/2013
Bank Owned?: No Short Sale? No
Original GDoN post is: here.
The listing can be seen: here. To see pics, click on the camera icon after opening the link.

From the first comment to the original Good Deal or Not (GDoN) post: “The house looks like it was either built or the style screams 70′s to me and that is hardly scream from your rooftop glorious nor is it vintage.” To which another commenter responded: “If the style screams the 70s you obviously weren’t alive in the 70s.” Although the house history folks like to remind me that DC public record dates for construction are not always accurate, I’d say that the 1951 date noted is well within reason.

Continues after the jump.

When this same home was listed previously during a very different market, a mere four and a half years ago in 2008 in what appears to be close to the same condition, it was priced at $899,000. (You can even see the 2008 virtual tour here. The recent sellers picked it up for net $864,000. in 2008. Clearly, this time around, in 2012, there were fewer homes on the market. In fact, when this home was marketed in November 2012, there were a total of 111 houses actively listed in zip code 20011 (16th Street Heights and Crestwood). When the home was previously on the market in May 2008, there was more than double that number (357) of listings available for sale in the zip code.

The listing agent for 1624 Taylor St NW was Paul Sliwka with Central Properties. The Purchaser was not represented by an agent.

*Correction-The buyer was represented by Carlos Garcia with Keller Williams Capital Properties (my office).

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