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: 1112 Monroe St NW
Original List Price: $574,900.
List Price at Contract: $574,900.
List Date: 6/25/2009
Days on Market: 6
Settled Sales Price: $574,900.
Settlement Date: 07/27/2009
Seller Subsidy: $0.
Bank Owned?: No.
Type Of Financing: Conventional loan with 20% down payment
Listing History: See below for listing history information
Original GDoN Post is: Here
Since 2006, people have been asking me how they will know when the real estate market in DC has hit bottom. The only good answer to that question is that you’ll know once we start coming up on the other side. In other words, you will have missed it. There have started to be some consistently positive numbers reported about housing in general lately, and I’m seeing good things personally in my business and that of my colleagues. I recently had a listing go under contract in one day (on Fourth of July weekend no less). Continues after the jump.
Why am I being all cheery and positive on the DC real estate market all of a sudden? Because I’ve been waiting for this “Good Deal or Not-Revisited” (GDoN-R). Sure, we’ve seen plenty of multiple offers on low-priced foreclosures that have gotten bid up over asking. Typically, however, in this price point we’ve been seeing some kind of negotiation, if not in price, then in a big chunk of closing costs paid for by the Seller. Here we have, for the first GDoN-R in maybe the history of GDoN-R, a house priced over $500,000. that went under contract fast and for full list price. Granted, the house was priced to move for the condition and location, and GDoN commenters on the original post seemed to think it was a good deal.
The property only recently changed hands back in September of 2007 for a sales price of $450,000. (from a list price of $550,000.) with a Seller subsidy of $13,500. It was described in that listing as “Strictly ‘AS IS’, Needs Some Work”. Unfortunately, that owner lost the property to foreclosure. It was listed as a Freddie Mac foreclosure in March 2009 for $248,900. and was under contract two days later. The Purchaser in April paid $278,900. in cash for the property. It was blue when they bought it. They painted it yellow and fancied it up some.
For those who share my optimism about the DC real estate market, I’d like to throw out there that my company is currently looking to hire licensed sales managers for new construction projects, as well as sales assistants.
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Photo by Erin Ed. Note: If this was you, please email [email protected] so I can put you in touch with OP. “Dear PoPville, I stopped in A Baked Joint on…
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You are cordially invited to the Washington Opera Society’s exclusive Christmas/Hannukah Party!
We are pleased to welcome our great opera stars to the company!
Juliette Di Bello, Manuela Tomasz Korossy, Kristin Sampson from the NY City Opera Company, and Kevin Short of the Metropolitan Opera.
Don’t miss this unique holiday concert of seasonal favorites and hit arias from the operatic repertoire sung by our cast of stellar singers. Maestro Benichou will bring his infectious energy as he leads the WOS Festival Ensemble in an evening sure to remember. Glad tidings!
You are cordially invited to the Embassy of Austria for a thrilling evening with Mozart. What a better way to spend Christmas and Hannukah! Our full orchestra and lead singers, some of whom sing at the Met, will appeal to teens as they begin their journey to the classics! We expect to be sold out soon…..
Get your tickets now!
Under the Gracious Patronage of H.E. Petra Schneebauer, Ambassador of Austria
Julien Benichou, Conductor
Kevin Short as Figaro
Manna K. Jones as Susanna
Stephen Powell as Count Almaviva
Laquita Mitchell as Contessa
Anna Kelly as Cherubino
Maggie Polglaze as Barbarina
John Gibney as Bartolo
Leah Heater as Marcellina
Christopher Jon Hartung as Antonio & Don Curzio
Narration provided by Robin Phillips
Embassy of Austria
3524 International Court NW
Washington, DC 20008
Doors Open/Cocktails 6:30 pm
Performance including Intermission 7:15 pm
Wine Reception with Heavy Hors d’oeuvres 9:15 to 10:30 pm
Box Seats $250
Orchestra Reserved $150
Seniors (over 65 years old) Unreserved $80 [sold out]
Students with ID $50
Join metrobar and the team at DC Beer for a taste of 12 holiday brews, all made in the DMV by your favorite local breweries! Your ticket gets you access to the afternoon tasting with 3oz pours of each of