GDoN? “abundant natural light and oak floors throughout” edition

Exterior (Front) -

This unit is located at 1748 Corcoran Street, Northwest. The listing says:

“Large bay windows and Juliet balcony overlook peaceful Corcoran Street, nestled in the heart of vibrant Dupont, just three blocks from the Metro. Flexible living space with high ceilings, abundant natural light and oak floors throughout. Room for dining, plus updated open concept kitchen with stainless appls. Full-sized BR and generous storage. Fee incl all utils. Walk to 14th, U Street corridors.”

Bedroom (Master) -

You can see more photos here.

This 1 bed/1 bath is going for $349,555 ($566 monthly fee.)

20 Comment

  • seems about right for the location, but it’s a bit on the small side in `walk-up, which isn’t fun for a lot of people. but beautiful street, and well maintained unit it seems. However, it’s a true 1 bedroom which is good.

  • Looks like a very good deal to me.

  • Priced about right. $700/sf seems to be the going rate for a lot of new condos in that area.

    Dan, your real estate listing link’s picture scrolling feature always has issues for me, no matter the device or computer. In this case, the picture won’t load. In other cases, the scrolling takes an eternity. Just some constructive feedback. (bows, steps away)

  • Is this a co-op?

    Pretty good price point for that location and for its condition. I assume it will sell for over the asking price. I don’t see a washer/dryer, which would be the only negative.

  • HaileUnlikely

    Nope, condo, not coop. Listing indicates “common laundry room.” Tax records suggest building has 6 units (not sure how this is even possible, but lists 1A,1B,2A,2B,3A,3B each with different owners, so I guess it is. Given 6 units, I’d want to know how many laundry machines are available – if it’s only 1 or 2, that changes things…

    • I’d be more interested in whether units can add their own laundry. I recently sold a similarly sized unit for similar pricing in a larger building, not as nice a street, with common laundry – 8 offers in 4 days. So the market for this size is out there and most seem to just want under 350k

    • 36 Unit bldg –

  • Condo fee seems unusually high which indicates that the HOA is in a poor financial position and probably doesn’t have a lot of money in reserves.

    • The condo fees are way to high. All in you are going to be paying $2K+/month. Also, 500 sqft…meh.

    • I’ve always heard a condo fee that’s too low indicates a condo that’s in a poor financial position, right?

      • tonyr

        If the fee is low, then people will say that it’s bad because reserves aren’t being built up and you’ll be hit with an assessment soon. If it’s high, then it’s a bad deal because the reserve is/will be used for some impending fixes. I’ve yet to see a Goldilocks amount for a condo fee. Having said that – this one seems high to me.

        • The solution, of course, is to ask what the building reserves are, and when the last special assessment was, and if any are anticipated in the future.

  • The kitchen looks too narrow. Can you even stand in front of the open freezer drawer or the oven door? Plus, with the cabinets hanging down, why not just enclose the kitchen?

    • Have had narrow galley kitchens. You don’t need to be able to stand in front of the freezer drawer, oven door or dishwasher door – you can stand to the side of the them. As long as they open all the way, you are fine. Now I’ve had two apartments with refrigerators where the fridge door only opened to 45 degrees, limiting access to the vegetable bins – that’s a pain. A side by side refrigerator works best in those situations, and likely would here, too.

  • I’ve always loved that street…quiet but close to 17th and 14th st, DuPont metro, looks nice and bright…I vote good deal, it’ll go fast at that price.

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