Hipchickindc (aka Suzanne Des Marais) is a licensed real estate broker. She is an associate broker with Bediz Group, LLC at Keller Williams Capital Properties . 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: 1714 Newton St NE
Legal Subdivision: Brookland
Advertised Subdivision per Listing: Brookland
Bedrooms: 3 Baths: 2 Basement: Yes, fully finished Parking: Attached Garage Ownership: Fee simple
Original List Price for this listing: $649,000.
List Price at Contract: $649,000.
List Date: 10/07/2014
Days on Market for this listing: 9
Settled Sales Price: $655,000.
Seller Subsidy: $1000.
Settlement Date: 12/04/2015
Transaction type: Standard
Original GDoN post is: here.
The original listing can be seen here: here.
It was not long ago that the NE neighborhood of Brookland saw its first seven figure sale, with another that followed soon after. The second large sale was four blocks west on the same street as the subject property.
DC real estate stats were released by Real Estate Business Intelligence (RBI) this week for November 2015. Despite the recent large sales, median price in Brookland comparing to November 2014 actually shows a drop to $524,500 (a 7.3% drop in relation to last November). This likely reflects the variety of homes available in the area, which range greatly in terms of size and condition.
Current fee simple active listings are available priced between $440,000 to $829,000.
The listing agents for this sale were Matt Davis and Ruth Mudd with Re/Max 100. Michael Moore with TTR Sotheby’s represented the buyer in this transaction.