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Good Deal or Not? Condo Editions

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This condo is located at 1617 12th Street, NW:


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The flier says:

“Excellent opportunity to own this renovated condo in sought after Logan Circle. Features Stainless Steel Appliances, recessed lighting, 9′ ceilings, central cd/intercom, pergo floors, and more.”

Sadly there are no photos but more info can be found here. Assuming the place is renovated does $500,000 sound reasonable for a 2 bed 1 bath in this location?

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Now I know one reader is offended when I post homes/condos that are under contract but, well, I still think it’s interesting. Do you guys think GDoN is useful if a unit is under contract? Amazingly the first five houses/condos I was going to put up today ended up being under contract. (As I said I walk around and snap photos of interesting units with for sign sales out front, I don’t know until I plug it into red fin whether or not it is under contract.) Anyway, the unit above is in a great location at 2008 16th Street, NW. More info and photos can be found here. I was stunned to see it for sale for $230,000. I suppose that’s why it’s under contract in under 7 days…

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