04/18/14 10:55am

DC8283898 - Exterior (Front)

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: 2815 Q St NW
Legal Subdivision: Georgetown
Advertised Subdivision per Listing: Georgetown
Bedrooms: 3 Baths: 2.5 Parking: Street Basement: Yes, Fully finished Ownership: Fee simple
Living Square Footage per tax record: 2010
Original List Price: $1,595,000.
List Price at Contract: $1,595,000.
List Date: 3/4/2014
Days on Market: 9
Settled Sales Price: $1,770,000
Seller Subsidy: $0.
Settlement Date: 4/7/2014
Bank Owned?: No Short Sale? No

Original GDoN post is: here.

The original listing can be seen here: here.

Although sometimes it seems like the majority of DC real estate is out of reach financially to a large majority of residents, the reality is that homes selling between $1,000,000. and $2,500,000. generally make up approximately 8-10% of the market. As the price points go up, that share goes down substantially.

According to RBI, which is the statistics arm of MRIS, the only zip code in the District of Columbia with a median sold price point over $1,000,000. is 20007 (Georgetown/Burleith). The next highest median sold price (probably evened out by the large volume of co-op and condo units in the area) can be found in 20015 (Friendship Heights/Chevy Chase) at $870,000.

The median sold price as of March 2014 for the entire city is $473,125. The lowest median sold price is in zip code 20032 (Congress Heights) at $127,500.

The listing agent was Nancy Taylor Bubes of Washington Fine Properties.

04/18/14 10:25am

custom_fuel_dupont
1635 Connecticut Ave, NW

Back in Dec. we noted Potbelly had closed for good after first closing in October for renovations. Thanks to a reader for sending word, and Custom Fuel confirming that they’ll be taking over the space. Updates when renovations progress and they get closer to opening.

Custom Fuel recently opened on Georgia Ave near Howard University and also have a spot downtown at 17th and Pennsylvania Ave, NW near the White House. Original Fuel pizza locations remain at 1606 K Street, NW and 600 F Street, NW.

custom_fuel

04/17/14 10:22pm

carpool_toll_lanes_dc
Photo by PoPville flickr user DCin3MP

Earlier in the week the Washington Post reported:

“District officials are considering creating carpool and toll lanes on part of the 14th Street bridge and other stretches of city highway as early as next year, offering motorists with means a way of speeding their commute and pushing the nation’s capital into the debate over the costs and benefits of “congestion pricing.” The High Occupancy Toll, or HOT, lanes would be free for cars carrying at least three people, according to a District planning study.”

CBS local reported: “The cost would be around $8 million.”

Think it’s a good idea? Besides the 14th Street bridge where else do you think it should be considered?

04/17/14 10:05pm

caption_contest_popville
Photo by PoPville flickr user ep_jhu

Congrats to PoPville pick Slim with:

“Dad! For the last time, a roofie is nothing like a selfie!”

Congrats to PoP pick ackaackaacka with:

“Greg McElroy’s family wasn’t really impressed with his idea for “Greggle Street View””

Honorable mention to AJNE with:

“Oh my god, Dad. When you said we were going to the Mall, I totally thought there would be an Abercrombie.”

Winners and honorable mention, please email me at princeofpetworth(at)gmail for your shirts.