GDON R

Good Deal or Not Revisited (GDoN-R) is a weekly post that reviews the settled sales data of a recent individual real estate transaction in the District of Columbia. Each post is a snapshot of the real estate market at a particular moment in time. GDoN-R generally posts on Friday in the late morning.

GDoN-R has been written exclusively for Popville since 2009 by Suzanne Des Marais. Suzanne is a practicing Realtor with the Bediz Group, LLC at Keller Williams Capital Properties . 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 and/or Smartcharts by Showingtime). Information is deemed reliable but not guaranteed.

Featured Property: 128 U St NE #2
Legal Subdivision: Eckington
Advertised Subdivision per Listing: Eckington
Bedrooms: 3 Baths: 3 Parking: Assigned, Parking space conveys & is included in price
Levels: 2 Ownership: Condo
Square Footage per listing: 1624
Original List Price: $655,000. List Price at Contract: $599,900.
Monthly Fee: $100.00
List Date: 9/4/2016 Days on Market: 109
Settled Sales Price: $587,500.
Seller Subsidy: $0.
Settled Price per Square Foot (calculated with $20k adjustment for parking space): $349.
Settlement Date: 1/27/2017
Transaction type: Standard

Original GDoN post can be seen: here.

The listing can be seen here: here.

The legal subdivision of Eckington spans from the Met Branch Trail along the east side, to Florida Ave at the south end, all the way to Rhode Island Ave on the north end. Technically, to the west it sprawls across North Cap to include the Florida/Rhode Island/North Cap triangle on the NW side. North Capitol Street is a defining physical boundary, in addition to being the edge of the NW/NE quadrant and thus, for data purposes, we’ll call that triangle the south side of Bloomingdale, and will stick to referring to the Eckington neighborhood as being in the NE quadrant. (more…)

3881-Newark-Street-Northwest

Good Deal or Not Revisited (GDoN-R) is a weekly post that reviews the settled sales data of a recent individual real estate transaction in the District of Columbia. Each post is a snapshot of the real estate market at a particular moment in time. GDoN-R generally posts on Friday in the late morning.

GDoN-R has been written exclusively for Popville since 2009 by Suzanne Des Marais. Suzanne is a practicing Realtor with the Bediz Group, LLC at Keller Williams Capital Properties . 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 and/or Smartcharts by Showingtime). Information is deemed reliable but not guaranteed.

Featured Property: 3881 Newark St NW #E479

Legal Subdivision: Cleveland Park
Advertised Subdivision per Listing: Cleveland Park
Condominium Community: McLean Gardens
Bedrooms: 1 Baths: 1 Parking: Surface, Assigned, Parking space conveys & is included in price
Ownership: Condo Pets: Allowed
Square Footage per listing: 999
Original List Price: $375,000. List Price at Contract: $375,000.
Monthly Fee: $87.76 Includes: onsite management, playground, pool, grounds maintenance (plus ballroom in community available for rent for events)
List Date: 11/27/2016 Days on Market: 8
Settled Sales Price: $400,000.
Seller Subsidy: $0.
Settled Price per Square Foot (calculated with $30k adjustment for parking space): $370.
Settlement Date: 1/31/2017
Transaction type: Standard

Original GDoN post can be seen: here.

The listing can be seen here: here.

GDoNR

Located between Wisconsin Avenue NW and Massachusetts Avenue NW, McLean Gardens is one of DC’s largest condo communities. According to the condominium association’s website , it includes thirty one brick garden style buildings and spans over twenty three acres. Although not downtown downtown, it’s just over a mile from the Red Line at Cleveland Park Metro. (more…)

1000-New-Jersey-Avenue-Southeast-

Good Deal or Not Revisited (GDoN-R) is a weekly post that reviews the settled sales data of a recent individual real estate transaction in the District of Columbia. Each post is a snapshot of the real estate market at a particular moment in time. GDoN-R generally posts on Friday in the late morning.

GDoN-R has been written exclusively for Popville since 2009 by Suzanne Des Marais. Suzanne is a practicing Realtor with the Bediz Group, LLC at Keller Williams Capital Properties . 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 and/or Smartcharts by Showingtime). Information is deemed reliable but not guaranteed.

gdon

Featured Property: 1000 New Jersey Ave SE #1205
Legal Subdivision: Old City #1
Advertised Subdivision per Listing: Navy Yard
Bedrooms: 1 Baths: 1 Parking: On Site Parking for Rent Ownership: Co-op
Square Footage per listing: 696
Original List Price: $324,900. List Price at Contract: $324,900.
Monthly Fee: $1,303.00 Includes real estate taxes, part of mortgage, gym, indoor pool, hot tub, staffed front desk
List Date: 12/03/2016 Days on Market: 5
Settled Sales Price: $324,900.
Seller Subsidy: $0.
Settled Price per Square Foot: $467.
Settlement Date: 1/27/2017
Transaction type: Standard

Original GDoN post can be seen: here.

The listing can be seen here: here.

Capitol Hill Tower was one of the first large residential structures built in the Navy Yard area. It began delivery in 2006, prior to Nats Park completion (opened in 2008) and the currently existing retail development. Structured as cooperative ownership, the subject unit’s monthly fee includes real estate taxes, and an underlying mortgage. (more…)

1731-Willard-Street-Northwest

Good Deal or Not Revisited (GDoN-R) is a weekly post that reviews the settled sales data of a recent individual real estate transaction in the District of Columbia. Each post is a snapshot of the real estate market at a particular moment in time. GDoN-R generally posts on Friday in the late morning.

GDoN-R has been written exclusively for Popville since 2009 by Suzanne Des Marais. Suzanne is a practicing Realtor with the Bediz Group, LLC at Keller Williams Capital Properties . 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 and/or Smartcharts by Showingtime). Information is deemed reliable but not guaranteed.

Featured Property: 1731 Willard St NW #204

Legal Subdivision: Old City #2
Advertised Subdivision per Listing: Old City #2
Bedrooms: 1 Baths: 1 Parking: Street Ownership: Condo
Square Footage per tax record: 480
Original List Price: $350,000. List Price at Contract: $350,000.
Monthly Condo Fee: $267.00
List Date: 12/09/2016 Days on Market: 11
Settled Sales Price: $348,500.
Seller Subsidy: $0.
Settled Price per Square Foot: $726.
Settlement Date: 1/19/2017
Transaction type: Standard

GDoN-r

Original GDoN post can be seen: here.

The listing can be seen here: here.

The 1700 block of Willard St NW is a relatively quiet one block long one way enclave at the very tippy top of Dupont and at the bottom of the hill from Adams Morgan. It features a mix of Victorian houses, as well as small and mid-sized condo and rental buildings. (more…)

eckington-gdonr

Good Deal or Not Revisited (GDoN-R) is a weekly post that reviews the settled sales data of a recent individual real estate transaction in the District of Columbia. Each post is a snapshot of the real estate market at a particular moment in time. GDoN-R generally posts on Friday in the late morning.

GDoN-R has been written exclusively for PoPville since 2009 by Suzanne Des Marais. Suzanne is a practicing Realtor with the Bediz Group, LLC at Keller Williams Capital Properties . 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 and/or Smartcharts by Showingtime). Information is deemed reliable but not guaranteed.

Featured Property: 310 Todd Pl NE #1

Legal Subdivision: Eckington
Advertised Subdivision per Listing: Eckington
Bedrooms: 2 Baths: 1 Parking: Assigned Ownership: Condo
Square Footage per tax record: 764
Original List Price: $320,000. List Price at Contract: $320,000.
Monthly Condo Fee: $179.00
List Date: 11/30/2016 Days on Market: 7
Settled Sales Price: $340,000.
Seller Subsidy: $0.
Settled Price per Square Foot: $445.
Settlement Date: 1/10/2017
Transaction type: Standard

Original GDoN post can be seen: here.

The listing can be seen here: here.

I believe this is the third Revisited that was listed following the election. I am noting this because we have seen potentially significant impact of the election results to the real estate market in the form of increasing mortgage interest rates. (more…)

gdon-r-kitchen

Good Deal or Not Revisited (GDoN-R) is a weekly post that reviews the settled sales data of a recent individual real estate transaction in the District of Columbia. Each post is a snapshot of the real estate market at a particular moment in time. GDoN-R generally posts on Friday in the late morning.

GDoN-R has been written exclusively for PoPville since 2009 by Suzanne Des Marais. Suzanne is a practicing Realtor with the Bediz Group, LLC at Keller Williams Capital Properties . 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 and/or Smartcharts by Showingtime). Information is deemed reliable but not guaranteed.

Featured Property: 146 Duddington Pl SE
Legal Subdivision: Capitol Hill
Advertised Subdivision per Listing: Capitol Hill
Bedrooms: 3 Baths: 2 Parking: Street Basement: No Ownership: Fee Simple
Original List Price: $799,000. List Price at Contract: $799,000.
List Date: 12/01/2016 Days on Market: 5
Settled Sales Price: $883,550.
Seller Subsidy: $0.
Settlement Date: 12/30/2016
Transaction type: Standard

Original GDoN post can be seen
: here.

The listing can be seen here: here.

For those who like Before and Afters, you can see the true vintage Harvest Gold appliances on the 2011 listing. As of the recent listing, the actual vintage appliances were supplanted with vintage-style Northstar kitchen appliances. (more…)

2415-newton-street-northeast

Good Deal or Not Revisited (GDoN-R) is a weekly post that reviews the settled sales data of a recent individual real estate transaction in the District of Columbia. Each post is a snapshot of the real estate market at a particular moment in time. GDoN-R generally posts on Friday in the late morning.

GDoN-R has been written exclusively for PoPville since 2009 by Suzanne Des Marais. Suzanne is a practicing Realtor with the Bediz Group, LLC at Keller Williams Capital Properties . 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 and/or Smartcharts by Showingtime). Information is deemed reliable but not guaranteed.

Featured Property: 2415 Newton St NE
Legal Subdivision: Woodridge
Advertised Subdivision per Listing: Woodridge
Bedrooms: 3 Baths: 2 Parking: Street Ownership: Fee Simple
Original List Price: $525,000. List Price at Contract: $525,000.
List Date: 11/10/2016 Days on Market: 5
Settled Sales Price: $535,000.
Seller Subsidy: $0.
Settlement Date: 12/21/2016
Transaction type: Standard

kitchen

Original GDoN post can be seen: here.

The listing can be seen here: here.

For what it’s worth, this is the first Revisited that we are seeing that was listed following the election results. Real estate agents in DC these past few weeks are having some interesting conversations. It’s has been a while since we watched mortgage interest rates climb for what is now eight or nine straight weeks, to their highest level in two years. (more…)

301-massachusetts-avenue-northwest

Good Deal or Not Revisited (GDoN-R) is a weekly post that reviews the settled sales data of a recent individual real estate transaction in the District of Columbia. Each post is a snapshot of the real estate market at a particular moment in time. GDoN-R generally posts on Friday in the late morning.

GDoN-R has been written exclusively for PoPville since 2009 by Suzanne Des Marais. Suzanne is a practicing Realtor with the Bediz Group, LLC at Keller Williams Capital Properties . 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 and/or Smartcharts by Showingtime). Information is deemed reliable but not guaranteed.

Featured Property: 301 Massachusetts Ave NW #403

Legal Subdivision: Old City #2
Advertised Subdivision per Listing: Old City #2
Bedrooms: 2 Baths: 2 Parking: Deeded, Underground Garage Ownership: Condo
Original List Price: $765,000. List Price at Contract: $765,000.
List Date: 10/05/2016 Days on Market: 3
Settled Sales Price: $765,000.
Seller Subsidy: $0.
Settlement Date: 12/12/2016
Transaction type: Standard

Original GDoN post can be seen: here.

The listing can be seen here: here.

When The Sonata, in which the subject property is located, and her sister building, Madrigal Lofts, were under construction, there was a sales trailer in a construction parking lot nearby. This was the gritty mid-2000’s, prior to there being a whole lot of new construction or retail in the Mount Vernon Square area.

Inside the sales trailer was a ginormous detailed three-dimensional model of the planned development for the neighborhood, much like you can see today at the PN Hoffman sales center at the waterfront. The area has experienced tremendous revitalization and has realized much of the development that seemed so far away back then. (more…)

gdon-r

Good Deal or Not Revisited (GDoN-R) is a weekly post that reviews the settled sales data of a recent individual real estate transaction in the District of Columbia. Each post is a snapshot of the real estate market at a particular moment in time. GDoN-R generally posts on Friday in the late morning.

GDoN-R has been written exclusively for PoPville since 2009 by Suzanne Des Marais. Suzanne is a practicing Realtor with the Bediz Group, LLC at Keller Williams Capital Properties . 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 and/or Smartcharts by Showingtime). Information is deemed reliable but not guaranteed.

Featured Property: 1415 Girard St NW #303
Legal Subdivision: Columbia Heights
Advertised Subdivision per Listing: Columbia Heights
Bedrooms: 1 Baths: 1 Parking: Street Ownership: Cooperative
Original List Price: $275,000. List Price at Contract: $275,000.
List Date: 10/13/2016 Days on Market: 14
Settled Sales Price: $275,000.
Seller Subsidy: $0.
Settlement Date: 12/09/2016
Transaction type: Standard

Original GDoN post can be seen: here.

The listing can be seen here: here.

inside

If you read these Revisited posts regularly, it should come as no surprise to hear that there is a serious deficit of affordable homes to buy in the District of Columbia. DC Government has tried numerous strategies to address this problem over the years. In the case of the subject property, which has an income restriction for purchasers in what is considered “Moderate” or “Work Force” range income (based on Area Median Income or AMI), the property was developed specifically to provide units that are affordable over the long term. Non-profit CityFirst Homes developed the building, which is cooperatively owned by the residents. (more…)

1216-michigan-avenue-northeast

Good Deal or Not Revisited (GDoN-R) is a weekly post that reviews the settled sales data of a recent individual real estate transaction in the District of Columbia. Each post is a snapshot of the real estate market at a particular moment in time. GDoN-R generally posts on Friday in the late morning.

GDoN-R has been written exclusively for Popville since 2009 by Suzanne Des Marais. Suzanne is a practicing Realtor with the Bediz Group, LLC at Keller Williams Capital Properties . 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 and/or Smartcharts by Showingtime). Information is deemed reliable but not guaranteed.

Featured Property: 1216 Michigan Ave NE
Legal Subdivision: Brookland
Advertised Subdivision per Listing: Brookland
Bedrooms: 4 Baths: 1 Basement: Full Unfinished Parking: Driveway Ownership: Fee Simple
Original List Price: $659,000. List Price at Contract: $659,000.
List Date: 10/18/2016 Days on Market: 12
Settled Sales Price: $655,000. (Net $645,000.)
Seller Subsidy: $10,000.
Settlement Date: 12/01/2016
Transaction type: Standard

Original GDoN post can be seen: here.

The listing can be seen here: here.

This house raises an interesting question, which was noted in the comments on the original GDoN post. How much does being on a busy street make a difference to market value?

Although the subject property sold nearly 3% below list price, it did move relatively quickly at less than two weeks on market. Average time on the market for the eleven bungalows sold in Brookland (including the subject) in 2016 is 27 days. (more…)