Good Deal or Not? Revisited by Hipchickindc

by Prince Of Petworth December 19, 2008 at 1:57 am 14 Comments


DSCN2679, originally uploaded by Prince of Petworth.
In real life, hipchickindc is licensed as a real estate broker in the District of Columbia and Virginia, and as a real estate salesperson in Maryland. 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. The source of information is Metropolitan Regional Information Systems (MRIS), which is the local multiple listing system. Information is deemed reliable but not guaranteed.

2230 13th St NW: This home was featured here as a ‘Good Deal or Not’ on September 15th, 2008.

List Price: $798,425.

List Date: 11 September 2008

Days on Market: 9

Settle Date: 31 October 2008

Sold Price: $798,425.

Subsidy to the Buyer: None

Multiple offers: No

Here is the listing from MRIS for the recent sale. To see pics of the renovation, make sure to click on the camera icon at the upper left after you open the link.

Here is the link to the listing from MRIS for the investment purchase in 2007.

What people may recall about this property when it was featured as a GDoN is that it was highlighted as a “Green Renovation”. Shaughn White, who developed the property and is also a licensed real estate agent with Coldwell Banker, was kind enough to fill me in on some of the details.

The process of the renovation took a full eighteen months, which is lengthy, especially for an investor. Shaughn explained that it was time consuming because of the attention to detail with regard to the efficient systems, as well as the finishes, to make the home attractive. He did a tremendous amount of research to create what he described as a truly green build.

Some of the features that he included were: Continues after the jump.

* A hydro-radiant heating system, which is essentially heated water running through pipes in the floors.
* A three-zoned heating system and a two-zoned cooling system, all coordinated via dampers on the duct system, so as not to require additional compressors. These highly efficient systems reportedly allow for operating expenses to be 1/3 of the costs of traditional systems.
* Materials used were all sustainable, including hardwood floors that were certified by the Forestry Stewardship Council.
* All of the paints, adhesives, and floor finishes were low fume, “no V.O.C.” (Volatile Organic Compund) for cleaner, less polluted air.
* In order to support the efficiency of the systems, the entire exterior was insulated with a spray foam soy-based insulation. The floors were fully insulated with 100% recycled cotton batting, which is a excellent sound inhibitor (think someone walking on wood floors one level up).

Shaughn said that the Buyer was someone who very much valued both the positive environmental aspects as well as the efficiency of the home.


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