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Good Deal or Not? I Guess it was a Good Deal (Reader Request)

by Prince Of Petworth April 22, 2010 at 1:00 pm 26 Comments

This home is located at 38 Rhode Island Ave, NE:


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The flier says:

“True luxury living at the home of well known designer! A gem of a house and a steal at this price! Features include electronic entry system, surround sound speakers in every room, high ceilings, gourmet kitchen, two luxurious bathrooms, two fireplaces, exposed brick, views of Capitol & Monument, recessed lighting. Within steps of Metro, dining, shopping & nightlife.”

You can find more info here and a virtual tour here.

I normally don’t like to show houses already under contract but I decided to show this one because it was a reader request and it’s an area of DC that I don’t normally show. So firstly, what neighborhood is this exactly – Edgewood, Eckington? I think Redfin lists Brookland, which can’t be right…

Anyway, the house looks pretty amazing. Since it went under contract so quickly was $450,000 a ridiculously good deal?

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