“Welcome to this beautiful detached property in Woodridge. They say beauty is in the eye of the beholder…This place has great bones and needs some final touches to make it shine. It won’t last long and you’ll be sitting on some nice sweat equity once you spend some money to make it pretty.”
“Character, Charm !! This Stately 3 level Colonial has 3/4 BR, Living Rm, Sep Dining Rm, Office/Library/Sitting Rm w/HDWD fls is a delight where you can just relax on a cozy front porch, cook-out in your private rear yard & patio, stroll through the neighborhood or just relax inside. This home is located up and away from the street with fenced off-street parking for two cars. ESTATE PROPERTY.”
“GREAT EXPANDED S/F DETACHED! RENOVATION BY LIVGREEN INTERIORS & DESIGN FEATURES EVERYTHING YOU DESIRE, 4BDRS/3.5BATHS SPREAD OUT OVER 3 LEVELS. TOP TO BOTTOM RENOVATION W/NATURAL OAK HWF MAIN LEVEL & MASTER SUITE, UPGRADED MAYTAG GOURMET KITCHEN W/S.S APP, OPEN FLR PLAN, NAT, PLUS RECESS ,SYKLIGHT LIGHTING, CEILING FANS, BSMT W/WET BAR. SQ. FT. FROM TAX RECORDS PRIOR TO RENOVATIONS W/PERMITS”
“Enjoy the open flr plan, gourmet kitchen, designer finishes & stunning hardwd flrs in this newly renovated home! The home features outdr space w/ spacious front yard, porch, fenced back w/ large back deck & off street parking w/ 2 spaces. The basement rec room has a bedrm & full bath! Fantastic location near new shops, restaurants & developments in Brookland & along Rhode Island Ave! NEW PRICE!”
“Take a vacation every weekend in your own private backyard oasis. Designed for entertaining, this substantial yard features a bar and built-in fire pit, which extends use beyond the summer months. Historic charm meets modern style in this welcoming home, which was completely renovated in 2005. Sandwiched between several new development sites, retail & restaurants are just minutes away.”
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 princeofpetworth.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: 2812 26th St NE
Legal Subdivision: Woodridge
Advertised Subdivision per Listing: Woodridge Original List Price: $319,900.
List Price at Contract: $319,900.
List Date: 09/27/2012
Days on Market: 9 Settled Sales Price: $329,900.
Seller Subsidy: $11,000.
List to Net Sales Price Ratio: 99.69%
Settlement Date: 11/21/2012
Bank Owned?: YES Short Sale? No
Type Of Financing: FHA Original GDoN post is: here. The listing can be seen: here. To see pics, click on the camera icon after opening the link.
This is the first foreclosure property that has been featured on Good Deal or Not Revisited (GDoN-R) for some time. There are certainly fewer foreclosures available because when the prices and market activity picked up, it became possible for some sellers to sell properties before they became a financial burden. The other reason we have not seen many foreclosure sales is because of a city ordinance that passed in November 2010 that quite effectively brought foreclosures to a halt in DC.
In prior GDoN-R posts, commenters have noted that it has become a challenge to even buy properties in affordable price ranges (and, yes, sorry, but in DC, this is considered an “affordable” price range) because they are competing with cash investors. This property was owned by Fannie Mae, which has a policy of considering offers only from owner occupants within an initial offering period. We know that that the financing used by the buyer is FHA, so this property did go to an owner occupant.
Every once in a while I have clients who really prefer to purchase a detached single family house in a city largely populated with rowhomes. There actually are several neighborhoods where you can still buy a detached house in the District of Columbia for under $350,000. Here’s a list of the detached houses that are currently active and priced under $350,000 I’ve ordered them in reverse alphabetically, so Woodridge (the neighborhood of the subject property) appears up at the top.
The listing agent for 2812 26th St NE was Sonya Abney with Cosmopolitan Properties Real Estate Brokerage. Noel Sesay with W.C. & A.N. Miller, Realtors, A Long and Foster Company, represented the buyer.
“RARE NEW CONSTRUCTION in Woodridge! Open, spacious floor plan w/ inviting living room. Gourmet kitchen w/ granite countertops, ss app, island & separate pantry!Large, open dining area w/ bay windows. New bamboo wood floors, elegant crown molding & chair railing. Fully finished basement w/ large rec room, wet bar, full bath & 4th bedroom!Gated driveway w/ room for 2 cars!Convenient location just mins from downtown.”
“Charming 2BR/2BA Bungalow featuring gleaming hardwood flooring; updated kitchen and baths; deck off kitchen; fully finished basement with family room and 2 additional rooms; OSP for up to 3 cars; Close to metro, downtown DC, and US Rt. 50. A MUST TO SEE! THIS IS A FANNIE MAE HOMEPATH PROPERTY. Purchase this property with as little as 3% down.”