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: 318 Bryant St NE
Legal Subdivision: Brookland
Advertised Subdivision per Listing: Brookland
Bedrooms: 2 Baths: 2 1/2 Basement: Yes, finished Parking: Street
Square Footage per tax record: 1321
Type of Ownership: Fee Simple
List Price at Contract: $449,900.
List Date: 04/23/2013
Days on Market: 9
Settled Sales Price: $425,000.
Seller Subsidy: $0
Settlement Date: 06/3/2013
Bank Owned?: No Short Sale? No
Original GDoN post is: here.
The listing can be seen: here. To see pics, open the link above and click on the camera icon to scroll through pics.
This post is for you, buyers or potential buyers who have become jaded because every listing in DC seems to get bid up over list price. Note that it did go fast…under contract in about a week, but the buyer was able to negotiate.
For those who poo poo’ed the location in the original Good Deal or Not (GDoN) post comments, this is located at the far west end of Brookland (also referred to as Edgewood), which is within a few blocks of Bloomingdale’s emerging restaurant district. I have long said that when one area starts getting pricey, it’s time to look at the edges of that neighborhood.
Currently there are four active listings for houses in Edgewood, including two on this block priced at $365,000. and $449,000. respectively. Six houses are currently under contract, and since the beginning of the year there have been fourteen houses sold ranging from $260,000. to $599,900.
The listing agent was Jon Ferris of DCRE. Robert Alexander of Stages Premier represented the buyer.