Sold After 51 Days – 2 bed/2.5 bath in Foggy Bottom for $1,280,000

GDonR

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 and/or Real Estate Business Intelligence (RBI), a subsidiary of MRIS. Information is deemed reliable but not guaranteed.

Featured Property: 2514 I St NW
Legal Subdivision: Foggy Bottom
Advertised Subdivision per Listing: Foggy Bottom
Bedrooms: 2 Baths: 2.5 Parking: Garage Basement: No
Ownership: Fee simple Lot Square Footage: 1768
Square Footage per listing: 2300
Original List Price: $1,375,000.
List Price at Contract: $1,299,000.
List Date: 11/18/2015
Days on Market: 51
Settled Sales Price: $1,280,000.
Seller Subsidy: $2500.
Settlement Date: 02/08/2016
Transaction type: Standard

Original GDoN post is: here.

The original listing can be seen here: here.

Deceivingly small from the front view, this row home in Foggy Bottom includes a significant addition, as well as a deep yard, and garage parking. Residential property in this area essentially surrounds The George Washington University. Amenities include Whole Foods and Trader Joe’s, easy access to Metro, and The Kennedy Center.

Fee simple sales in the neighborhood within the past six months have ranged in price from $599,000. to $1,311,000.. Two of those sales were on the same block as the subject property.

There are currently sixteen active listings for condos, co-ops, and one fee simple house in Foggy Bottom. They range in price from $215,000. to $2,995,000..

The listing agent for this sale was Pamela Ryan-Brye with Long and Foster Real Estate Inc. Michael Alderfer with Redfin Corporation represented the buyer in this transaction.