GDoN Revisited by Hipchickindc – 26 Q Street, NE #1


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: 26 Q St NE #1
Legal Subdivision: Eckington
Advertised Subdivision per Listing: Eckington
Bedrooms: 3 Baths: 3 Parking: Driveway/ Off Street Levels: 2 Square Footage: Not reported Ownership: Condo
Original List Price: $569,000.
List Price at Contract: $584,000.
List Date: 2/15/2014
Days on Market: 139
Settled Sales Price: $584,000.
Seller Subsidy: $15,500.
Settlement Date: 2/27/2015
Bank Owned?: No Short Sale? No Estate: No

Original GDoN post is: here.

The original listing can be seen here: here.

Last week, Good Deal or Not Revisited (GDoN-R) revisited a sale of a house in Eckington that sold for $595,000. The house was a smaller scale porch front at the north end of the neighborhood.

This property is a Victorian rowhome turned into two duplex condos. It is located at the south end of the neighborhood, on the unit block, with fairly easy access to NOMA and the New York Avenue Metro, as well as Bloomingdale’s Washington Firehouse Restaurant, Big Bear Café, the Bloomingdale Farmer’s Market, and other amenities. This side of the neighborhood is heavy in the large bay front Victorians that are mirrored in Bloomingdale on the west side of North Cap.

You can see details for both units here.

The listing agent for this sale was Jason Martin with Keller Williams Capital Properties (per disclosure above, the same brokerage that the writer is affiliated with). Chad Dudley with Re/Max Realty Services represented the buyer in this transaction.

11 Comment

  • Hideous for that price. If they had looked further up in Eckington, they could have spent that much for a whole (and nicer) place!

    • I agree – this is a rather hideous pop-up. I’m somewhat surprised at this price since this is the bottom unit with bedrooms in the basement, which is far from ideal.

  • HaileUnlikely

    Always fun to see something like this sit on the market for over 4 months and go for less than the asking price (note seller subsidy – net to owner was $500 below asking price).

  • Can someone educate me as to the reason many places sell for full or near full price, but then the buyer wants what appears to be a token seller subsidy? Or it sells for 10K above asking, with a 10K seller subsidy. I mean, whats the point?

  • Does anyone know why settlement took so long?

  • it’s a shame, because i really like this block – but these two houses next to each other are really poorly done popups.

  • Awful popups and I believe there were structural problems that severely delayed them as well.

Comments are closed.