GDoN Revisited by Hipchickindc

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: 605 Browns Ct SE

Original List Price: $547,500.

List Price at Contract: $519,000.

List Date: 11/07/2008

Days on Market: 205

Settled Sales Price: $499,000.

Settlement Date: 06/26/2009

Seller Subsidy: $0

Bank Owned?: No.

Type Of Financing: FHA

Listing History: Last changed hands in 1998. More info below.

Original GDoN Post is: Here.

Recent Listing is: Here. To see pics, click the arrows on the main picture.

I’ve always liked this little alley court tucked away within a short distance of Eastern Market.  At the original list price of $547,500. comments on the original Good Deal or Not (GDoN) post questioned the value of this tiny home.  After a nearly ten percent reduction in the price, the final purchase price reflects $507. paid per square foot. This is the highest sale price for a home on Browns Court to date.  (630 Browns Court sold in April 2009 for $460,000.)

Additional GDoN discussion turned to the age of the properties on this block.  Public records indicate that the subject property was built in 1908 and was extensively remodeled in 1998.  The last ownership transfer of this property happened at that time, for $143,000.  Phyllis Jane Young with Coldwell Banker was the listing agent back in 1998 and again in 2008-2009.

A little bit of poking around public records indicates quite a bit of new-ish construction activity in this corner of The Hill.  While 636 Browns Court is a carriage house built in 1903, neighbor 628 Browns Ct was constructed in 1992, 630 preceded it in 1991, and 632 and 632 ½ came about in 1985.