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GDoN Revisited by Hipchickindc

by Prince Of Petworth June 12, 2009 at 11:00 am 6 Comments

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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. 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: 5730 1st St NW

Original List Price: $469,000.

List Price at Contract: $459,000.

List Date: 12/27/2008

Days on Market: 99

Settled Sales Price: $462,500.

Settlement Date: 05/28/2009

Seller Subsidy: $15,000.

Bank Owned?: No

Type Of Financing: FHA

Listing History: Last purchased in December 2007 for $410,000. & a $12,300. Subsidy. Prior to that, it changed hands in July 2003 in AS IS condition for $269,999.

Original GDoN Post is: Here.

Recent Listing is: Here. To see interior pics, click on camera icon at top left after you open the link.

If one were to spend much time analyzing Prince of Petworth Good Deal or Not (GDoN) comments, it would quickly become apparent that there are three basic categories of real estate in the District of Columbia. The most common one is the you

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