Hipchickindc is a licensed real estate broker. She is the President of 10 Square Real Estate. Unless specifically noted, neither she nor the company that she is affiliated withrepresented 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: 811 Madison St NW
Legal Subdivision: Petworth
Advertised Subdivision per Listing: Petworth
Bedrooms: 4 Baths: 4 Basement: Yes, Fully Finished Parking: Unpaved (per listing) Ownership: Fee simple
Original List Price for this listing: $534,900.
List Price at Contract: $525,000.
List Date: 06/27/15
Days on Market: 40
Settled Sales Price: $510,000
Seller Subsidy: $37.00
Settlement Date: 09/04/2015
Transaction type: Standard
Original GDoN post is: here.
The original listing can be seen here: here.
There was some discussion on the comments to the original Good Deal or Not (GDoN) post about advertising the location of this home as being in Petworth. The legal subdivision for this home does happen to be Petworth, although it is certainly the case that legal subdivisions don’t always line up with what locals refer to their neighborhood as. The transition to the legal subdivision of Brightwood begins to the north of Missouri Ave NW, and this home is just below.
Neighborhood names in DC serve to facilitate searches for properties, and legal subdivision names tend to be more reliable simply because the boundaries are more concrete than advertised subdivision names. Any time you see an advertised subdivision that is different from the legal, the listing agent has made that change, whereas the legal subdivision is usually autofilled from the tax record information.
Currently, in the legal subdivision of Petworth, there are 29 active listings for fee simple houses ranging in list price from $224,900. to $749,000. Of course, pricing takes into account size and condition, and typically homes that are at the south end of Petworth and closer to Metro tend to be more expensive.
The listing agents for this sale were Hans Wydler and Brittany Barsky with Long and Foster Real Estate, Inc. Kate McCollom with Keller Williams Realty represented the buyer.