714-4th-Street-Northeast-e1407505574946

Hipchickindc is a licensed real estate broker. She is the founder of 10 Square Team and is affiliated with Keller Williams Capital Properties. 10 Square Team is a popville.com advertiser. 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: 714 4th St NE
Legal Subdivision: Old City #1
Advertised Subdivision per Listing: Old City #1
Bedrooms: 3 Baths: 1.5 Parking: Garage Basement: No Ownership: Fee Simple
Original List Price: $499,900.
List Price at Contract: $499,900.
List Date: 8/7/2014
Days on Market: 5
Settled Sales Price: $665,000.
Seller Subsidy: $0.
Settlement Date: 9/5/14
Bank Owned?: No Short Sale? No

Original GDoN post is: here.

The original listing can be seen here: here.

Commenters to the original Good Deal or Not (GDoN) post were spot on in noting that this property was listed low and ultimately sold for significantly above the listed price. Over the past six months, fee simple property sales within a quarter mile of the subject property have ranged in price from $470,000. to $1,050,000. An updated home on the same block as the subject property recently sold for net $738,500.

It is specifically mentioned in the listing that the property is being sold “AS IS”. This has been a topic of discussion before, and it can be noted that “AS IS” is not necessarily explicit code for “there’s something wrong with this property.” What it more typically means is that the seller or seller’s estate does not want to deal with deferred maintenance or picky repairs. In a situation where there is likely to be multiple offers, it is not unusual for buyers to pay for and complete a pre-inspection before even making an offer. Having an inspection report in hand, up front, allows the buyer to decide if they are comfortable moving forward without an inspection contingency despite knowing about potential repairs. Another option is to use a clause referencing the general inspection (as opposed to a full blown home inspection), in which the buyer has the opportunity to inspect, but agrees to not negotiate price or repairs any further. The buyer may void the contract within the timeframe of the general inspection contingency if they are not comfortable with any found defects.

The listing agent was Bradley Wisley of Long & Foster Real Estate, Inc. Joe Mascio of Real Living at Home represented the buyer in this transaction.

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From @DCStreetcar:

“To make your opinions on @DDOTDC’s proposed regulations official, use http://t.co/1T7KJOimUs or publicspace.policy@dc.gov before 9/27.”

From DDOT’s Facebook page:

“In response to the “proposed” regulations for bicycling on H Street. [52268]

DDOT’s number one priority is the safety of all modes of transportation, including bicycles, who share H Street. To that end, G and I Streets now have contraflow bicycle lanes, a safer alternative to H Street and designed to keep cyclists away from streetcar tracks.

We have concerns about all kinds of vehicles impeding the travel of the streetcar, and taken as a whole, the regulations address that. We are looking for constructive ways to address this concern while minimizing the impact to all users of the street. What were shared are (proposed) regulations for which we are seeking public comment.

Constituents have until Sept. 27 to weigh in.”

and:

“In response to the suggestion that prohibition on riding bicycles on the H st. Streetcar guideway *and* the prohibition on bringing bicycles on-board a streetcar during rush hour periods:

“Additionally, DDOT proposed these regulations specifically for the opening of the H Street/Benning Rd streetcar line. Before the opening of any new lines or extensions, DDOT intends to evaluate how the system is performing under the existing regulations and make changes as appropriate.”

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517 H Street, NE

From a press release:

“Restaurant front and back-of-the-house veterans Jared & Arthur Ringel are set to open DC Harvest on September 2nd. A dream come true for both, Jared, who will manage, and Arthur, the chef and veteran of such lauded kitchens as Vermillion, Vidalia and most recently Hank’s in Dupont.

The restaurant, located at 517 H Street, NE in the area’s ever more populated H Street NE neighborhood, will feature local products in a menu that will change seasonally based solely on local products from the foodstuffs to the beers, wines and libations. Look for beers such as DC Brau, Port City and Flying Dog, libations like those of Catoctin Creek and Don Ciccio & Figli and a variety of local vintages on the wine list. The menu, which will frequently change depending on local ingredient availability, will feature homemade pastas and include livestock, fish and produce from local seas and area farms—nothing from outside of the area. Brunch and dinner as well as a late night menu will be served.

A sampling of the dishes on the opening menu include half dozen local oysters on the half shell with watermelon mignonette ($14); Virginia Fluke crudo with marinated cucumber, celery, Maine Uni and chili ($11); ricotta kale Agnolotti with confit yellow tomatoes, eggplant and marjoram ($10/$18); fresh spelt linguine with house-made spicy lamb sausage, Swiss chard and garlic bread crumbs ($11/$19); Zataŕ roasted turkey breast with Swiss chard, kamut and shitake mushroom ($21); Crispy Quinoa Cakes with broccoli rabe, shitake mushrooms, confit yellow tomatoes and Allegheny Chevre ($19); and pan-roasted scallops with beans, corn cherry tomatoes, garlic chive and chili ($25). Additional sides, daily plates and desserts including honey walnut tart with thyme, fomage blanc and fruit on the menu.

“It has been a long two years of hard work for us to get DC Harvest open,” Chef Arthur said. “I am so excited to get into my new kitchen and get cooking. The quality of the local products coming from our area farmers and fishermen is at its peak right now. It’s going to be a lot of fun cooking with these ingredients for all of our customers.”

DC Harvest’s ‘modern farmhouse’ ambiance designed by Edit Lab at Streetsense, is rustic yet casually contemporary with a 10 seat, Carrera marble-topped wooden bar on the street level and a total of 50 seats on two floors with an open kitchen dining area on the second floor. The ceilings boast wooden beams, some original to the venue, with walls are adorned with earthy textured wall coverings and whitewashed original brick. Wooden floors below and brass fixtures above create the somewhat bucolic finished look.

“We can’t wait to share DC Harvest with everyone. Our seasonally based Modern American cuisine and carefully selected domestic bar offerings will be like no other, Jared says, “our ‘modern farmhouse’ decor will be uniquely inviting and appealing. Both Arthur and I look forward to opening and being a part of the H Street neighborhood.”

The restaurant will soft open September 2nd, serving only dinner the first week and then add brunch the following week.

DC Harvest is located at 517 H Street NE and is open for dinner – Sunday -Thursday 5 pm-11 pm; Friday & Sat 5 pm-2 am and Brunch – Saturday & Sunday 11-2:30 pm. Reservations are available through Open Table, by phoning 202-629-3296 or by logging into http://www.dc-harvest.com/.”

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first floor

More photos after the jump. (more…)

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From DDOT:

“On Sunday, August 24, 2014, the District Department of Transportation (DDOT), along with District first responders, will conduct a DC Streetcar Emergency Drill on H Street NE to prepare for real-world streetcar operations on the H Street/Benning Road corridor.

The purpose of the exercise is to test operational coordination and preparedness of DC Streetcar and first responder personnel in the event of an incident involving a streetcar. The exercise will simulate a streetcar derailment caused by a collision between a DC Streetcar vehicle with passengers and an automobile on H Street NE. DC Streetcar personnel along with Metropolitan Police Department and DC Fire and EMS will coordinate and practice their evacuation and emergency protocols for dealing with such an incident.

The exercise will take place on the 1200 block of H Street NE and requires a temporary closure of H Street NE between 12th Street and 13th Street in both directions, between 6 am and 11 am. In addition, there will be parking restrictions on 12th Street and H Street (see attached temporary closure map).

During the drill, there will be significant emergency personnel on-site on the H Street corridor and residents are advised that this is only a drill and to use caution when traveling along the vicinity of the drill.

WMATA X2 bus stops on the 1200 block will be closed for the duration of the closure. Passengers are asked to board on the 1100 and 1300 blocks of H Street NE.

DETOURS:

• Westbound traffic on H Street NE will be detoured south at 13th Street, then west at G Street.
• Eastbound traffic on H Street NE will be detoured north at 12th Street, then east at I Street.
• 12th Street NE traffic will be directed to I Street to travel east.
• 13th Street NE traffic will be directed to G Street to travel west.”