“Stunning 3 lvl home w/ PARKING in sought-after Kalorama. Convenient to Metro, shops & restaurants, Adams Morgan, Dupont Circle, Woodley Park, National Zoo, Rock Creek Park trails & 3 different playgrounds. Quiet, tree-lined street in the desirable Oyster-Adams school district. Spectacular kitchen w/ island, fireplace, custom mouldings, hardwood, spacious BRs, pristine baths. LL in-law suite.”
“Walking distance to shopping, fresh markets, 5 min walk to the heart of Adams Morgan, DuPont Circle and Metro, a 15 min walk to Georgetown. With 2 bedrooms, 2 balconies, & 2 bathrooms, perfect set up for roommates or a small family. High ceilings, granite countertops, walk-in closets, hardwood floors and beautiful natural light give this luxurious condo a classic feel with a contemporary finish.”
“Historic 1920s’s residence situated on an oversized home site. This 2011 meticulous renovation & substantial addition features gracious public rooms, 8-9BR/8.5 spa baths w/exquisite finishes, fully finished lower level w/au-pair suite, and approx. 8200 finished sq.ft. Stunning oversized terrace/formal gardens, 2 car gar parking & gated courtyard for 8-10 vehicles.”
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: 1842 California St NW #8B
Legal Subdivision: Kalorama
Advertised Subdivision per Listing: Kalorama
Bedrooms: 1 Baths: 1
Condo fee: $171/month
Living Area Square Footage per Tax Record: 398 Original List Price for most recent listing: $299,000. List Price at Contract: $299,000.
List Date: 3/2/2013
Days on Market: 46 Settled Sales Price: $290,000.
Seller Subsidy: $0
Settled Price per Square Foot: $729.
Settlement Date: 05/13/2013
Bank Owned?: No Short Sale? No Original GDoN post is: here. The listing can be seen: here. To see pics, open the link above and click on the camera icon to scroll through pics.
There are records of property listings for this condo building that go back as far as 1995 (the current multiple listing service has only been in existence since the mid-1990’s). Back in the day, nearly two decades ago, units in this building were pricing around $150. per square foot, which would put a unit this size at close to $60,000. Interest rates at that time were averaging around 7.85% for a 30year fixed, so a monthly PITI (principal, interest taxes, and insurance) payment (with 20% down) would have been around $276. (or, adjusted for inflation, about $421.00 in 2013 dollars)
At the current pricing, with 20% down and an interest rate more than 4 percentage points lower (Zillow’s mortgage calculator is currently quoting 3.48%), the monthly PITI would run approximately $1269. The listing reports that this unit has a monthly condo fee of $171.
At the pivotal height of the real estate bubble in 2005, this particular unit sold for $295,000. Interest rates at that time were averaging around 5.75%. At that rate, with 20% down, the monthly PITI would look more like $1632.
These numbers are approximate and are from online mortgage calculators. Taxes have been adjusted for the current DC property tax rate. Interest rates are subject to fluctuation and relate to the borrower’s overall credit picture. Different loan products (such as a lower down payment) may require additional costs, such as mortgage insurance. A good place to start if you’re thinking about buying is to have a conversation with a mortgage professional about options.
The listing agents were Edward Poutier and Stewart Coleman of Coldwell Banker Residential Brokerage. Fleur Howgill of TTR Sotheby’s International Realty represented the buyer.
For the last 10 days or so, at 8AM sharp, first reveille is played, and then the star spangled banner, loudly, and can be heard across the whole neighborhood. I live on Ashmead Place and my neighbors and I have been trying to figure out where it’s coming from. My best guess so far is the horse stables along Rock Creek right below the bridge.
“Gorgeous, spacious 2BD, 2BA apartment at The Dresden. Great location, close to Dupont Circle and Woodley Park metro stations. Walking distance to restaurants and shops. Great views from roof deck. Water and Electricity included in the rent. Please call showing contact before going.”
“Spectacular residence, one-of-a kind in Kalorama. Appointments incl.: 4 lvl Atrium, Private elevator,Gourmet kitchen w/ granite and chef’s appliances, Floor-to-ceiling windows overlooking veranda and view of city, 4 spacious bedrooms, 4.2 luxury baths; Library/entertainment room; Automated lighting and window coverings, 2 car garage . Crowned by a rooftop terrace with monument view.”
This 4 BD/4 Full, 2 Half BA is going for $10,000/Mo.
“OUTSTANDING RENOVATION OF THIS CHARACTER LADEN SPANISH VILLA IN THE HEART OF PRESTIGIOUS KALORAMA. TRUE VAULTED CEILINGS, DESIGNER FINISHES THRUOUT, OVERSIZED PICTURE WINDOWS, GOURMET KITCHEN, & STUNNING BATHS. SEPARATE CARRIAGE HOUS W/2-CAR GARAGE & BEAUTIFUL STUDIO APARTMENT – SPECIALLY PRICED FOR TODAY’S MARKET”
“Spectacular Kalorama residence w/esteemed history & up-to-date renovations. Approx. 6000 sq. ft: 5 bedrooms/4 full baths/3 half baths; 2-car garage; chef’s kitchen w/ Viking & Bosch, granite, adj. stone terrace; grand open staircase, spanning main floor to exclusive roof-top terrace overlooking panoramic views of DC & Washington Monument!”
This 5 bedrooms/4 full baths/3 half baths is going for $11,000/Mo.
On January 1st, Beasley Real Estate put its first property of 2013 under contract. Once the home of The Field School, this 7,000 square foot home has a history as rich as Washington itself. Its list price was $4,000,000.
2107 Wyoming underwent a two-year restoration and renovation, where no expense was spared, this home was featured in the Spring Home and Design issue of the Washington Post Magazine. Every feature and amenity in this spectacular residence resonates quality, craftsmanship and refinement. The home offers 7 large bedrooms in the main house, and a two level carriage house with its own full living quarters. The 1919 residence, awarded an Historic Facade Easement, was previously home to two private Schools, the Sullivan School and the Field School, a Supreme Court Justice and two Bishops.