3024-Cambridge-Place-Northwest-inside-e1429713211359

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 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: 3024 Cambridge Pl NW
Legal Subdivision: Georgetown
Advertised Subdivision per Listing: Georgetown
Bedrooms: 4 Baths: 3 Basement: Yes, Fully Finishes Parking: Street Ownership: Fee simple
Original List Price: $2,095,000.
List Price at Contract: $2,095,000.
List Date: 04/17/2015
Days on Market: 11
Settled Sales Price: $2,050,000.
Seller Subsidy: $25,000.
Settlement Date: 07/10/2015
Transaction type: Standard

Original GDoN post is: here.

The original listing can be seen here: here.

In reviewing past sales of properties for Good Deal or Not Revisited (GDON-R) posts, most of our subjects have seen significant appreciation in value through the years, reflecting the changes to DC neighborhoods. The renovation boom that began in DC in the late 1990’s/early 2000’s attracted amenities, such as new supermarkets and restaurants that spurred continued development and economic growth activity in formerly distressed neighborhoods.

What about a neighborhood like Georgetown, which was already desirable in the 1990’s? This property has a significant transaction history over the past fifteen years, with frequent sales.

The 2000 listing notes “Totally renovated in 1989 with finest craftmanship throughout”. At that time, the home was listed at $815,000. and sold in May for $797,000. The handy dandy internet inflation calculator tells us that this was $1,104,497.60 in 2015 money, and actually more if you consider that mortgage interest rates were higher.

Only a month later, in June 2000, the home listed for $849,000., and sold for $851,500. Listing comments suggest that granite counters were added. There were no interior pics in the multiple listing system back then, so we can’t see the changes made from one listing to the other.

A few short months later, in January 2001, the home transferred again. It was listed at $899,000. and sold at $910,000. Again, the granite countertops were specifically mentioned in the listing comments (because granite was the new thing fourteen/fifteen years ago…)

There was an attempt to sell in 2008 and then the home sold in 2009, listed at $1,795,000., and sold for $1,750,000.

There was another unsuccessful attempt to sell the home in 2010. It was listed again in 2013 at $1,750,000., and sold for $1,650,000.

The additional interesting piece of this history is that, after settling earlier this month, the home is now back on the market, listed for $2,175,000.

The listing agents for this sale were Carrie Carter and Elizabeth D’Angio with Washington Fine Properties. Janet Whitman with Long and Foster Real Estate represented the buyer in this transaction.

1042 Paper Mill Court Northwest

This rental is located at 1042 Paper Mill Court, Northwest. The listing says:

“Blocks from the best dining, shopping and nightlife Georgetown has to offer! This 2 bed 1 bath condo INCLUDES GARAGE PARKING and has two generous levels in the historic Paper Mill condominium. The unit also features a wood-burning fireplace, renovated bathroom and Master bedroom with walk-in closet. The community is professionally managed and has a swimming pool! Immediately available!”

kitchen

You can see more photos here.

This 2 bed/1 bath is going for $3,050/Mo.

soverign

From a press release:

“Greg Engert, Beer Director for Neighborhood Restaurant Group, announces the opening of The Sovereign, a bar and bistro located at 1206 Wisconsin Ave NW (at the end of the alley at M St. NW & Wisconsin Ave. NW) in Georgetown later this Fall. The two-story bar and bistro will be comprised of an 84-seat first floor dining room and 47-seat bar on the second floor. Known for his award-winning beer lists at Birch & Barley, ChurchKey, Rustico and more, Greg Engert is now curating and creating a Belgian beer list unlike any other at The Sovereign alongside a menu of classic Belgian cuisine from Executive Chef Peter Smith.

The Sovereign will showcase the widest array of drafts and bottles from the very best Belgian brewers. With 50 drafts and 200+ bottles, the beer program will feature the work of Belgian brewers who embody the standards, techniques, and innovative spirit that underpins the fabled Belgian brewing culture.

Just as The Sovereign will be championing brewers that use simple, true recipes and let technique and patience yield complex flavors, so will the menu feature rustic ingredient-driven dishes of Belgian cuisine, which draws from French, German and Dutch cooking traditions. Executive Chef Peter Smith of PS7 and Vidalia has developed the menu –which will be available throughout the restaurant and bar– by combining his French training with experience gained while traveling through Belgium with Engert.

While dishes will change with the seasons and use local ingredients, Smith has also worked to source key products like domestically farmed, bottom harvested Dutch-style mussels. Diners will also find traditional small bites (such as Saucisse Ardennaise, anchovies and pickled onion, or gruyere with caraway seeds, a range of Flammkuchen or Tartes Flambé, and a variety of braises and stews such as Lapin a la Kriek or Rabbit in Cherry Beer.

The Sovereign is committed to celebrating the brewers –many of them little known and rarely found in the US –who are sustaining and evolving the brewing traditions and culture that created Belgium’s reputation as a beer mecca. An expansive breadth of selections will illuminate the flavor-driven, craft-brewed complexity that is the trademark of the best Belgian beers. Selections in constant rotation will include: (more…)

simpson

This is very cool – from a press release:

“The Office of Planning’s Historic Preservation Office has started archaeological investigation at what is believed to be the burial site of Yarrow Mamout, a prominent African Muslim freeman whose legacy is chronicled in James H. Johnston’s book, From Slave Ship to Harvard: Yarrow Mamout and the History of an African American Family.

In June, City Archaeologist Dr. Ruth Trocolli received permission from the property owner to conduct a thorough survey of the site, located at 3324 Dent Place, NW, in Upper Georgetown. Initial efforts to excavate at the site began in 2012, after modern structures on the site were demolished. Residents in the neighborhood also advocated for an archaeological investigation focused on Mamout’s occupation of the property.

Mamout became famous after Charles Wilson Peale painted his portrait in 1819. A second portrait of Mamout was painted in 1822 by James Alexander Simpson, a Georgetown-born artist, and the portrait now hangs in the Peabody Room at the Georgetown Public Library. Mamout died on January 19, 1823, and his obituary suggests that he was buried at the excavation site.

In 1800 Mamout secured his freedom at the age of 60, and purchased the lot that is being excavated. Little is known of Mamout’s life before being sold into slavery at the age of 16 in Annapolis, Maryland.

“This excavation presents a unique opportunity to shed light on the life of a free African American in Georgetown in the early nineteenth century,” stated Office of Planning Director Eric Shaw. “I am also excited that this project engages District residents, scholars, and amateur archeologists through regular fence talks and the upcoming District’s Day of Archaeology.”

For more information about the project, please visit the project website.

The Office of Planning will hold fence talks daily at 10:15 a.m. and 1: 45 p.m. at 3324 Dent Place NW on days when the archaeologists are on site and weather permitting. Please check the project’s Facebook page for the schedule.

The District’s Day of Archaeology Festival will take place July 18, 2015, at Dumbarton House Museum, 2715 Q St. NW, from 10 a.m. to 3 p.m. For more information please visit the website.”

cinema

From a press release:

“On Tuesday nights starting July 7, the Georgetown Business Improvement District (BID) kicks off Georgetown Sunset Cinema, Georgetown’s first-ever outdoor movie experience, through August 4. The inaugural slate features movies filmed in or inspired by Georgetown, Washington’s oldest and most iconic neighborhood. Moviegoers are encouraged to bring a picnic and blanket and enjoy the panoramic backdrop of the sunset, Potomac River and Key Bridge.

GEORGETOWN SUNSET CINEMA

WHEN: Every Tuesday, July 7 through August 4. Movies begin at sunset; arrive at 7 p.m. for best seating and giveaways.

WHAT: FREE outdoor movies series hosted by the Georgetown Business Improvement District (BID).

MOVIES:

July 7 St. Elmo’s Fire (Rated R)
July 14 State of Play (Rated PG-13)
July 21 No Way Out (Rated R)
July 28 Burn After Reading (Rated R)
Aug. 4 TBA

WHERE: Georgetown Waterfront Park at the intersection of K/Water Street and Cecil Place, NW.”

7 Pomander Walk Northwest

This house is located at 7 Pomander Walk, Northwest. The listing says:

“Rare find. Charming, delightful residence in lovely mews setting in the heart of Georgetown. Living/dining room w/beamed ceiling, fireplace and French doors to private patio. Kitchen with window. Updated bath, hardwood floors, washer/dryer. Minute to Volta Park, neighborhood swimming pool, shops, restaurants, Georgetown Park mall, the Waterfront. Open Sunday 1-4.”

inside

You can see more photos here.

This 1 bed/1 bath is going for $599,000.

cat cafe

From Crumbs & Whiskers:

“June 15 – 18: Backstage Parties!

We will throw one backstage party every evening for select Kickstarter backers as well as our social media contest winners. (Keep an eye out this week – tons of chances to win!)

June 19: Launch Party!

This is the night of our official launch party. The launch party has already sold out, but we will be posting photos and videos on our Facebook, Twitter, Instagram, and Snapchat (@crumbswhiskers). So if you weren’t able to get a pass to the launch, don’t worry – you’re pretty much going to feel like you are at the party!

JUNE 20: OFFICIAL OPENING!

Can’t WAIT for you to check out Crumbs & Whiskers. You’re going to love it.

PS. Thanks for EVERYTHING.

Kanchan”

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3211 O Street, NW