The 100-year-old home at 3823 Morrison Street, NW has been demolished in defiance of more than 200 area residents who sought to have the Arts & Crafts house restored or sold to someone who would. This demolition is sparking a renewed effort to obtain a historic district for Chevy Chase, DC.
In addition, we learned yesterday that developer Robert Holman may have possibly sold the property (but perhaps not yet gone to settlement) to another developer. So it’s unclear what exactly will be built on the site.
See below for an open letter with more details.
Letter and before demo photos after the jump: (more…)
This house is located at 5149 Nebraska Avenue, Northwest. The listing says:
“A must see! Beautiful 3br, 2.5ba semi-detached home with 3 parking spaces. Fully renovated with taste, open gourmet kitchen, fireplace, walk-out basement to private & quiet oasis in the backyard with terrace (looks out to Rock Creek Park), storage space, and ideal for entertaining. 1mi from Van Ness and Friendship Heights Metro. One block from restaurants and shopping.”
“Check it out…it’s a workshed and office detached from the main house. What’s most fascinating is the endbeams projecting out. All four were faces. The entire place has a very “Pacific Northwest” feel to it. Located in Chevy Chase”
This rental is located at 3728 Legation Street, Northwest. The listing says:
“Grand 3 BR, 2.5 BA center hall colonial w/ embassy-size LR and DR + 1st fl den/library, large sunroom and sunlit breakfast rm, gracious foyer. Hardwood main level. Huge master BR w/ large Walk-in closet and marble bath. Only main and upper level for rent. Separate basement apartment is rented. Water & Sewer included in rent.”
This house is located at 3816 Military Road, Northwest. The listing says:
“Stately 5 BD/3 full and 2 half BA Ch Cl Col, located just blks from Fdshp Hghts Metro and the shops and restaurants of uppr Conn Av,! Filled with stunning architectural detail, this 1912 beauty will enchant even the most seasoned buyer.Gorgeous LR and DR w/ coffered ceilings, updtd Kit and BAs, owners’ ste w/ dressing rm,,hrdwd flrs, gorgeous grdns”
A couple weeks ago we learned that a Sri Lankan and South Indian restaurant, Banana Leaf, was coming to the former the former Clover Market space in Chevy Chase. At that time readers wondered if it was the same place from New York City – the owner confirms it is:
“yes its the branch of banana leaf ,new york which is opening soon in DC”
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: 3209 McKinley St NW
Legal Subdivision: Chevy Chase
Advertised Subdivision per Listing: Chevy Chase
Bedrooms: 4 Baths: 2.5 Basement: Partially Finished Parking: Garage/Detached Ownership: Fee Simple Original List Price: $785,000.
List Price at Contract: $785,000.
List Date: 3/25/2014
Days on Market: 7 Settled Sales Price: $875,000.
Seller Subsidy: $0.
Settlement Date: 5/1/2014
Bank Owned?: No Short Sale? No
Commenters to the original Good Deal or Not (GDoN) post correctly predicted that this home, in a prime northwest DC location, would get bid up from list price. One commenter posed the question, “do things ever get bid up more than a 100k?” In this case, the spread was $90,000. above list, and yes, sometimes houses in DC get bid up more than $100,000. over asking price.
According to Real Estate Business Intelligence, which is the statistics arm of our local multiple listing system (MRIS), for all of DC in April 2014 the average ratio of original list to final sale price was 99.64%. In the Chevy Chase neighborhood of Washington, DC, where the subject property is located, the average original list to sale price ratio in April 2014 was almost 2% over list (101.76%). What this means is that it is not unusual for properties in this neighborhood to sell above list price, however, this amount over list is not typical.
The lowest sale price for a detached home in Chevy Chase DC since the beginning of 2014 was for this Nebraska Avenue home at $788,000. Additionally, there were two other sales of detached homes in this neighborhood that sold (since the beginning of the year) below the price of the subject property.
The average settled price for a detached home in this neighborhood in 2014 is $1,218,513. So far in 2014, there have been seven attached (townhome) home sales in this area, ranging in settled price from $695,000. to $1,040,000.
Median days on market for detached homes in Chevy Chase DC is one week.
The listing agent was Kimberly Cestari and the agent representing the buyer was Lois Robins, both of Long and Foster.