GDoN Revisited by Hipchickindc – 1309 C Street, NE

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 popville.com 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: 1309 C St NE
Legal Subdivision: Old City #1
Advertised Subdivision per Listing: Capitol Hill
Original List Price: $569,777
List Price at Contract: $569,777
List Date: 12/14/2012
Days on Market: 4
Settled Sales Price: $596,000
Seller Subsidy: $17,500
List to Net Sales Price Ratio: 101.52%
Settlement Date: 1/23/2013
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.

DC has always presented challenges for pricing homes, given that perception of value can change from block to block, and homes can represent a range of conditions, finishes, and sizes. When I looked up recent activity in the immediate area surrounding this home since July 2012, pending and settled sales ran the gamut from a list price for a bank owned house at $270,000., to a $1,100,000. sale on the 1100 block of E St NE. On the 1300 block of C St NE alone, besides the sale of the subject property, there was a sale for $729,000., and there are two pending house sales (listed at $375,000. and 468,500.)

Currently, there are three active listings in the immediate area. All over DC, there are motivated buyers watching to see what new listings show up for the weekend.

The listing agent for 1309 C St NE was Robert Bergman with RE/MAX Allegiance. The Purchaser was represented by my colleague, Kara Johnson with Keller Williams Capital Properties.

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