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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: 1333 1st St NW
Legal Subdivision: Old City #2
Advertised Subdivision per Listing: Old City #2
Bedrooms: 4 Baths: 3.5 Basement: No Parking: Street Ownership: Fee simple
Original List Price: $899,000.
List Price at Contract: $740,000.
List Date: 11/24/2014
Days on Market: 190
Settled Sales Price: $735,000.
Seller Subsidy: $0.
Settlement Date: 06/30/2015
Transaction type: Standard

Original GDoN post is: here.

The original listing can be seen here
: here.

Despite being well into the swampy DC summer, the downtown real estate market continues to move at a fast and aggressive pace. Many listings are seeing multiple pre-inspections, followed by escalated prices on multiple offers with minimal, if any, contingencies. On the surface, it all seems so easy…for sellers.

The down side of a market like this is that it makes pricing (which is already tricky in DC) extremely challenging. On the flip side of the escalating, non-contingent offers, are listings that have been priced a bit (or maybe a lot) over optimistically. For buyers who are not in a position to compete, or who simply can not bring themselves to get involved in all that, it might be useful to consider searching properties above the intended price range that have more than 30 days on market. A seller may not always be in a position to take an offer negotiated below list price, but it is an alternative way of approaching rather than waiting to pounce on the next newest open house.

This particular home is located in the Truxton Circle neighborhood, in close proximity to NOMA, Shaw, and Bloomingdale. It is near the newly built Dunbar High School. This is an area that was largely ignored during the previous renovation boom of the early and mid-2000’s, and is beginning to see some significant development and sales activity.

The listing agent for this sale was Jasmyen Porter with Exit Bennett Realty. Jocelyn Vas with American Realty Group represented the buyer in this transaction.

ANXO sighting graphic png

From a press release:

“What: ANXO, DC’s first cidery and pintxos bar opening in Truxton Circle in late 2015, presents diners with a taste of what’s to come at ANXO Sighting, a four-course dinner event at the Dolcezza Gelato Factory on Monday, July 27th, 2015.

ANXO is the child of five founders including Managing Partners Sam Fitz and Rachel Fitz. The team focuses on strong relationships with its cidermakers, both locally and internationally, yielding a highly curated selection of cider. Its also home to DC’s first recipients of the Certified Cicerone® title (Sam Fitz and beverage manager Tim Prendergast), and the fermentation process of ANXO’s house-made cider will result in an incredibly unique Mid-Atlantic cider. Executive Chef Brad Walker (of Boundary Road) “will honor the Basque culinary traditions of honesty, simplicity, and quality by showcasing local producers’ best efforts.”

The night will begin with a patio pintxos hour with assorted fare such as Bev Eggleston’s Vir-Scuitto with Apricots, Boquerone and Smoked Bluefish, and Porcini and Royal Trumpet Mushrooms with Herb Salt and Garlic Puree, all offered with a welcome cocktail and pour of cider.

The four-course family-style menu features items such as a Ciderhouse Ribeye, Grilled Octopus with Espelette, and a dessert collaboration between ANXO and Dolcezza Gelato’s Robb Duncan. Each courses is paired with a cider from a different region of the world.

When: Monday, July 27th, 2015

7:00 p.m. – Cocktail Hour
7:45 p.m. – Dinner

Where: Dolcezza Gelato Factory and Coffee Lab
550 Penn Street, NE, Washington DC 20002

Details: Tickets are $85 per person, all-inclusive of all food, beverage, tax and tip. Reservations are limited and must be made at ANXOsighting.eventbrite.com.”

ANXO Sighting 1

ANXO Sighting 4


“Dear PoPville,

Had a Question I can’t find an answer to that I thought the PoPville community might be helpful with. As part of the Dunbar High School reconstruction DC rebuilt O street between 1st and 3rd streets NW. The high school and the street have been completed for months but O street continues to be blocked on both ends by construction fencing. Any idea on when the city is going to reopen the street?

An article about the reconstruction of the street is here.”

Ed. Note: I inquired with an ANC rep who said they don’t know when it will reopen either and would also like the question answered.

good humor

Gotta respect the good sense of humor!

A reader admits:

“Yesterday, I reached a new milestone and managed to find myself locked between the two front doors in the entry to my almost-purchased new home in Truxton Circle. After twenty minutes of trying to open the doors, sitting on the floor, checking work emails, wasting time on social media, my relator came to let me out.

New homeowners beware—bring all keys with you at all times!”

1221 4th Street Northwest

This rental is located at 1221 4th Street Northwest. The listing says:

“2 BD/2 BA, 2 lvl condo complete w/ open space designs, luxury KIT & BATHS, intercom system w/ radio/CD player, Bamboo floors, custom maple cabinets, SS Appl. & Cable Railings, Granite Counters. Rear Deck off main BD, walk down to rear fenced yard. Historic bldg in Old City/Mt Vernon, 3 blks frm Mt Vernon Sq/Convention Center Metro Green/Yellow Lines. Walking distance to restaurants & Safeway.”


You can see more photos here.

This 2 bed/2 bath is going for $3,000/Mo.