GDoN Revisited by Hipchickindc – 3039 16th St, NW #302


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: 3039 16th St NW #302
Legal Subdivision: Columbia Heights
Advertised Subdivision per Listing: Columbia Heights
Bedrooms: 2 Baths: 2 Parking: Street
Type of Ownership: Condominium
Condo Fee: $441.34
Living Area Square Footage Per Tax Record: 1160
Price per Square Foot: $477.
List Price at Contract: $539,000.
List Date: 05/13/2013
Days on Market: 4
Settled Sales Price: $554,500.
Seller Subsidy: $500.
Settlement Date: 07/11/2013
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 six unit condo building was delivered brand new in 2004. That was four years before the opening of DC USA, including Target, Best Buy, etc. The Metro stop that is two blocks away, however, had been in place since 1999. The Giant Foods at Tivoli was also in existence at that point. Nearly a decade ago, the most recent owner paid (per tax records) $460,000., which puts the price per square foot in 2004 at just under $400.

Nearby condo units that are in similar condition and style are currently (since May 2013) selling in the low $500’s per square foot.

The listing agent was Ros Abitbol of Habitat Real Estate, Inc. Leyla Phelan of Evers & Company Real Estate, Inc. represented the buyer.

2 Comment

  • Columbia Heights seems to have hit a wall in terms of improving restaurants/retail and dropping crime, but I still think this sounds like a really good deal.

  • I can’t open the link that has the photos, but was this a real two-bedroom apartment or is the second bedroom a loft space? 1160 sq feet sounds like an enormous amount of space, but I’ve certainly seen apartments with 800 square feet that use their footprint better than places with 1,000… so hard to judge without photos.

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