Real Estate

Good Deal or Not? “ONLY $95,000 TO PURCHASE” edition

1444 W Street Northwest

This unit is located at 1444 W Street, NW:


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The listing says:

“Magnificent Home & Location! Rare opportunity to own a 3-Bedroom unit in the U Street NW corridor. Hardwood floors throughout, freshly painted, custom shades, and shows extremely well. Coop fee incls insurance, maintenance, taxes, underlying mortgage, and utilities (except electric). YOU PAY ONLY $95,000 TO PURCHASE. Income restrictions apply. Blocks to Metro, & restaurants.”

You can see more photos here.

This 3 bed/1 bath is going for $95,000 ($1,550 monthly fee.)

Category: Real Estate, U Street

By: | 17 May 2013 1:00 PM | 26 Comments

GDoN Revisited by Hipchickindc – 1842 California St NW #8B

1842-California-Street-Northwest

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.

Category: Adams Morgan, GDoN revisited, Kalorama, Real Estate

By: | 17 May 2013 11:00 AM | 3 Comments

Good Deal or Not? “sunny loft” edition

3039 16th Street Northwest

This unit is located at 3039 16th Street, NW:


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The listing says:

“Gorgeous sunny loft w/ 2 story windows (+ electric blind), fireplace, bamboo floors, stainless kitchen, 2 blocks from Metro!! Common area Roof deck (staircase access) w/ stunning views. 2 blocks to Metro, walk to all that Columbia Hgts, Adams Morgan and Mt Pleasant have to offer! (Farmers Mkt Sat.) Big open Loft/bedroom on 2nd floor, and room for a den.”

You can see more photos here.

This 2 bed/2 bath is going for $539,000 ($441 monthly fee.)

Category: Columbia Heights, Mt. Pleasant, Real Estate

By: | 16 May 2013 1:00 PM | 9 Comments

Good Deal or Not? Weekly Wed. House Porn “unobstructed Potomac River view” edition

4615 Laverock Place Northwest

This house is located at 4615 Laverock Place, NW:


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The listing says:

“**Rare & special, unobstructed Potomac River view** Exacting, tasteful renovation & expansion. Exterior:custom stone & cement plank w/ 50yr warranty; 2-lvl addition; stone patios; built-in grill, wd fpl. Interior: rich, neutral finishes. Gorgeous European kit w/SubZero/Wolf/Bosch, limestone flrs.Master ste spa–steam shower,Jacuzzi,deck.3 fpl w/rare marble. 2-car garage. HOA w/lawn care.By Appt.”

You can see a virtual tour here.

This 4 bed/3.5 bath is going for $2,395,000.

Category: Palisades, Real Estate

By: | 15 May 2013 1:00 PM | 36 Comments

Good Deal or Not? “modern motif” edition

3430 Brown Street Northwest

This unit is located at 3430 Brown Street, NW:


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The listing says:

“The Rosa Condos -Six, 2 level Townhome Style Units. 3BR Suites w/Private Balconies. Superior materials used in unparalleled features creates a modern motif. Gourmet kitchen sculpted in pure marble w/open flow to living & dining areas.3 sets of Glass doors lead to rear parking, the front sun deck & rear Juliet balcony. Steps to Columbia Hgts metro, shopping & restaurants. You can reserve today”

You can see a virtual tour here.

This 3 bed/3 bath is going for $739,000 ($294 monthly fee.)

Category: Mt. Pleasant, Real Estate

By: | 14 May 2013 1:00 PM | 17 Comments

Good Deal or Not? “maintains its historic charm” edition

1000_monroe_st_nw

This house is located at 1000 Monroe St, NW:


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The listing says:

“Beautifully renovated home that maintains its historic charm. Corner lot with large windows, multiple patios/balconies, new boiler, hardwood floors, granite, stainless steel, chef’s dream gas range, too much to list. Blocks to 2 metros, shops & restaurants. Gracious living in the heart of the city. Click on “virtual tour” link for more photos & floor plans. OFFERS DUE TUESDAY.”

You can see the virtual tour here.

This 4 bed/2.5 bath is going for $650,000.

Category: Columbia Heights, Real Estate

By: | 13 May 2013 1:00 PM | 19 Comments

Good Deal or Not? “gardens are amazing” edition

1527 Massachusetts Avenue Southeast

This house is located at 1527 Massachusetts Avenue, SE:


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The listing says:

“Conveniently located just a 3-blk stroll to Lincoln Park and 2 Metros! This Federal porch front will captivate with smart layout, oak floors, sun porch, and self-contained LL guest suite. Huge kitchen renovation, 2 renovated baths and new AC Beautifully landscaped DEEP front and rear gardens are amazing. Plus pvt rear parking! OPEN SUNDAY 2-4. Ask about $500 buyer credit to settle with KVS Title.”

You can see a virtual tour here.

This 3 bed/2 bath is going for $675,000.

Category: Capitol Hill, Hill East, Real Estate

By: | 10 May 2013 1:00 PM | 13 Comments

GDoN Revisited by Hipchickindc – 37 17th Street, SE

37-17th-Street-Southeast

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: 37 17th St SE
Legal Subdivision: Old City #1
Advertised Subdivision per Listing: Capitol Hill
Bedrooms: 3 Baths: 2.5
Living Area Square Footage per Tax Record: 1633
Lot Size per Tax Record: 848
Original List Price for most recent listing: $634,900
List Price at Contract: $634,900.
List Date: 3/13/2013
Days on Market: 5
Settled Sales Price: $650,000
Seller Subsidy: $500
Settlement Date: 04/30/2013
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.

In 2001, 37 17th St SE looked like this when it sold for net $100,000 . By the time the property was on the market again in 2007, it acquired an additional level that was advertised as a “Penthouse Playroom”. The price jumped to $555,000. By 2013, it got souped up even more with the addition of a Bocce court.

Given that “transit oriented” is the new buzz word in real estate, having the Stadium Armory Metro within a quarter mile is a huge plus. Since the beginning of the year, there have been thirteen other fee simple sales within a quarter mile of this particular Metro, ranging in price from $384,900. for a two bedroom one and a half bath rowhome without a basement, to $675,000. for an end unit four bedroom three and a half bath home with a basement located across the street from the Metro.

The listing agent was Cara Pearlman of Frankly Real Estate, Inc. Kevin Shirley of Long and Foster Real Estate Inc. represented the buyer.

Category: Capitol Hill, GDoN revisited, Hill East, Real Estate

By: | 10 May 2013 11:00 AM | 3 Comments

Check Out the Finished Renovation on Tilden Street Plus Some Bonus House Porn

IMG_0684

Thanks to a reader for sending word that the massive renovation at 2867 Tilden St, NW was completed.

IMG_0685

You like the way it turned out. Here’s an image from google street view to give an idea of what it used to look like:

Screen Shot 2013-05-09 at 11.56.00 AM

It went under contract with a listing price of $2,195,000. You can see what it looks like on the inside here.

And nearby the reader sends in some awesome house porn from 2604 Tilden Pl, NW. Check out this virtual tour. It’s yours for $2,495,000.

2604_tilden

Category: Forest Hills, Real Estate, Renovation, Van Ness

By: | 09 May 2013 4:00 PM | 13 Comments

April 2013 Home/Condo Sales in PoPville

home_sales_PoPville

Thanks to DC realtor Kevin Wood for compiling this list of home/condo sales for PoPville. Click below on “April 2013 Sales” for the full list of sales in PDF and excel formats.

April 2013 Sales (PDF)

April 2013 Sales (Excel)

Category: Home Sales, Real Estate

By: | 09 May 2013 1:30 PM | 3 Comments

Good Deal or Not? “corner unit with brand new kitchen” edition

1615 Q Street Northwest

This unit is located at 1615 Q Street, NW:


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The listing says:

“1 Bedroom/1 Bathroom corner unit with brand new kitchen, exposed brick wall, large living/dining room, spacious bedroom, tons of closet space. Building has a rooftop with incredible views of the city, front desk and pets allowed. Walking distance to Safeway, Restaurants, Bars, Metro and all that Dupont, Adams Morgan and U Street have to offer.”

You can see more photos here.

This 1 bed/1 bath is going for $324,500 ($405 monthly fee.)

Category: Dupont Circle, Real Estate

By: | 09 May 2013 1:00 PM | 24 Comments

Good Deal or Not? Weekly Wed. House Porn “Approx $800,000 in renovations” edition

7025 31st Street Northwest

This house is located at 7025 31st Street, NW:


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The listing says:

“1960 Contemporary,enlarged&renovated over several yrs, maintaining integrity of the design while finishing for today’s lifestyle. Approx $800,000 in renovations; 6-page doc at prop w/details.250+ sq ft entry hall spans front to rear. Screen porch & deck span rear w/garden/treed views.Great Rm,FR,gourmet Kit. 5BR 4.5BA. Daylight LL w/2 suites.Prof off, in-law ste, media rm.”

You can see a virtual tour here.

This 5 bed/4.5 bath is going for $1,685,000.

Category: Barnaby Woods, Real Estate

By: | 08 May 2013 1:00 PM | 20 Comments

Good Deal or Not? Baltimore edition (reader request)

2436 EUTAW Pl

This house is located at 2436 Eutaw Pl. Baltimore, MD:


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The listing says:

“Total 2-year renovation! This 1895 brownstone won Baltimore Heritage Preservation Award for 2005. Many original, restored & reproduced details. Elegant rooms, 6BR, 2/2Ba, high ceilings, beautiful plaster-work, all updated systems, replaced windows. Great cook’s Kit w/ granite & stainless, 3rd floor Lib & Kitchenette, finished walk-out LL. Garage, patio, 3-level porch.”

You can see more photos here and a virtual tour here.

This 6 bed/3 bath was listed at $395,000.

Category: MD, Real Estate

By: | 07 May 2013 1:00 PM | 34 Comments

Good Deal or Not? “2 level condo” edition

1018 Florida Avenue Northeast

This unit is located at 1018 Florida Avenue, NE:


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The listing says:

“Fantastic 2 level condo close to the H Street action. Main level is the open living/dining/kitchen GREAT ROOM and Master Bedroom/Bath. On the lower level is a second bedroom or family room, full bath, and private patio. South-facing bright and sunny condo all day long. HWF, W/D, Granite, Stainless all in a boutique building.”

You can see a virtual tour here.

This 2 bed/2 bath is going for $359,000 ($197 monthly fee.)

Category: Real Estate, Trinidad

By: | 06 May 2013 1:00 PM | 7 Comments

Good Deal or Not? “Sell your car” edition

2305 18th Street Northwest

This unit is located at 2305 18th Street, NW:


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The listing says:

“Sell your car and live in the heart of Adams Morgan. Terrific 2 BR overlooking all the action. Zip Car at your door. Great floor plan for entertaining. Hardwood floors, updated kitchen, washer and dryer in unit as well as a gas fireplace. Why rent when you can own this classic? Pet friendly building. Great value.”

You can see more photos here.

This 2 bed/1 bath is going for $375,000 ($333 monthly fee.)

Category: Adams Morgan, Real Estate

By: | 03 May 2013 1:00 PM | 8 Comments

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